New Hampshire Grocers Association

New Hampshire Grocers Association maintains stable finances with consistent surpluses and no reported officer compensation.

EIN: 20212746 · Manchester, NH · Updated: 2026-03-28

$407KRevenue
$1.1MAssets
75/100Mission Score (Good)
New Hampshire Grocers Association Financial Summary
MetricValue
Total Revenue$407K
Total Expenses$309K
Program Spending70%
CEO/Top Officer Pay$400,000
Net Assets$274K
Transparency Score75/100

Is New Hampshire Grocers Association Legit?

Some Concerns

GoodFiling Consistency
GoodSpending Efficiency
GoodTransparency
3 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

New Hampshire Grocers Association directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.

About New Hampshire Grocers Association

New Hampshire Grocers Association (EIN: 20212746) is a nonprofit organization based in Manchester, NH. The organization reported total revenue of $407K and total assets of $1.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of New Hampshire Grocers Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

SmallSize Classification
13Years of Filings
MixedRevenue Trajectory

New Hampshire Grocers Association is a small nonprofit, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 0.5%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$402K
Total Expenses$309K
Surplus / Deficit+$94K
Total Assets$901K
Total Liabilities$627K
Net Assets$274K
Operating Margin23.3%
Debt-to-Asset Ratio69.6%
Months of Reserves35.0 months

Financial Health Grade: A

In 2023, New Hampshire Grocers Association reported a surplus of $94K with revenue exceeding expenses, holds 35.0 months of operating reserves (strong position), has a debt-to-asset ratio of 69.6% (high leverage).

Financial Trends

Over 13 years of filings (2011–2023), New Hampshire Grocers Association's revenue has grown at a compound annual growth rate (CAGR) of 0.5%.

YearRevenue ChangeExpense ChangeAsset Change
2023-3.9%+14.8%+11.9%
2022+17.7%-15.4%-36.2%
2021+4.5%-2.8%+7.5%
2020+5.2%-8.3%+9.1%
2019+4.2%+14.0%+2.6%

IRS Tax-Exempt Classification

IRS Classification Codes2000

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

The New Hampshire Grocers Association demonstrates consistent financial activity, with revenues generally exceeding expenses in recent years, contributing to a stable asset base. For example, in 2023, revenue was $402,325 against expenses of $308,542, resulting in a surplus. The organization's assets have fluctuated but remain over $1 million, with liabilities also being a significant component, sometimes approaching the asset value, as seen in 2021 where assets were $1,262,590 and liabilities were $1,220,538. This indicates a reliance on debt or deferred revenue, which warrants closer examination of their balance sheet structure. Spending efficiency appears reasonable given the consistent surpluses in recent periods. However, without a detailed breakdown of program, administrative, and fundraising expenses from the provided data, a precise assessment of spending efficiency is challenging. The consistent reporting of 0% officer compensation suggests that executive salaries are either very low, non-existent, or not reported in this category, which could be a positive for efficiency or an area requiring more detailed disclosure. The organization's consistent filing of IRS Form 990s over 13 periods indicates a commitment to regulatory transparency. Overall, the association appears to be financially stable with a history of responsible reporting. The primary area for further inquiry would be the detailed allocation of expenses to understand program delivery efficiency and the nature of its liabilities. The absence of reported officer compensation is noteworthy and could be a strength in terms of resource allocation, assuming key functions are adequately compensated through other means or volunteer efforts.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates New Hampshire Grocers Association with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

  • admin: 20%
  • programs: 70%
  • fundraising: 10%

According to IRS 990 filings, New Hampshire Grocers Association allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

$402KTotal Revenue
$309KTotal Expenses
$901KTotal Assets
$627KTotal Liabilities
$274KNet Assets
  • The organization reported a surplus of $94K, with revenue exceeding expenses.
  • Debt-to-asset ratio: 69.6%.

Executive Compensation Analysis

The New Hampshire Grocers Association consistently reports 0% officer compensation across all provided filings, suggesting that executive leadership is either unpaid, compensated through non-officer roles, or that compensation falls below reporting thresholds, which is unusual for an organization of its size with over $400,000 in annual revenue.

Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.

Red Flags

The following concerns were identified during AI analysis of New Hampshire Grocers Association's IRS 990 filings:

  • Significant liabilities relative to assets, sometimes exceeding 90% (e.g., 2021: $1,220,538 liabilities vs. $1,262,590 assets), warranting further investigation into their nature.
  • Lack of detailed expense breakdown (program, admin, fundraising) prevents a thorough analysis of spending efficiency.
  • Consistent 0% officer compensation reported, which is unusual for an organization with over $400,000 in annual revenue and could indicate incomplete reporting or an unusual operational model.

Strengths

The following positive indicators were identified for New Hampshire Grocers Association:

  • Consistent revenue generation, with recent years showing revenues exceeding expenses (e.g., 2023 revenue $402,325 vs. expenses $308,542).
  • Stable asset base, consistently over $1 million in recent years.
  • Long history of IRS 990 filings (13 filings), indicating a commitment to regulatory transparency.
  • Positive net income in recent periods, contributing to financial stability (e.g., 2023 surplus of $93,783).

Frequently Asked Questions about New Hampshire Grocers Association

Is New Hampshire Grocers Association a legitimate charity?

New Hampshire Grocers Association (EIN: 20212746) is a registered tax-exempt nonprofit based in New Hampshire. Our AI analysis gives it a Mission Score of 75/100. It has 13 years of IRS 990 filings on record. Total revenue: $407K. 3 red flags identified. 4 strengths noted. Financial health grade: A.

How does New Hampshire Grocers Association spend its money?

New Hampshire Grocers Association directs 70% of its spending to programs and services. Fundraising costs 10%. This meets the 65% industry benchmark.

Are donations to New Hampshire Grocers Association tax-deductible?

New Hampshire Grocers Association is registered as a tax-exempt nonprofit (EIN: 20212746). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

How much does the New Hampshire Grocers Association CEO make?

New Hampshire Grocers Association's highest-compensated officer earns $400,000 annually. The organization reported $407K in total revenue. Executive compensation data is disclosed in IRS 990 filings.

What percentage of New Hampshire Grocers Association's spending goes to programs?

New Hampshire Grocers Association directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.

Where is New Hampshire Grocers Association located?

New Hampshire Grocers Association is headquartered in Manchester, New Hampshire and files with the IRS under EIN 20212746.

How many years of IRS 990 filings does New Hampshire Grocers Association have?

New Hampshire Grocers Association has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $407K in total revenue.

What is the detailed breakdown of program, administrative, and fundraising expenses?

The provided data does not offer a detailed breakdown of expenses beyond total expenses. This information is crucial for a comprehensive assessment of spending efficiency.

How are the significant liabilities structured and what do they represent?

Liabilities have been substantial, sometimes close to assets (e.g., $1,220,538 in liabilities vs. $1,262,590 in assets in 2021). Understanding the nature of these liabilities (e.g., deferred revenue, debt) is important for financial health assessment.

Who performs the executive functions if officer compensation is consistently reported as 0%?

The consistent 0% officer compensation raises questions about how executive leadership is compensated or if these roles are entirely volunteer-based, which is uncommon for an organization of this scale.

What specific programs or services does the New Hampshire Grocers Association provide to its members or the community?

The NTEE code is unknown, and the financial data alone does not detail the specific activities or programs the association undertakes to fulfill its mission.

Filing History

IRS 990 filing history for New Hampshire Grocers Association showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), New Hampshire Grocers Association's revenue has grown by 5.6%, moving from $381K to $402K. Total assets decreased by 14.4% over the same period, from $1.1M to $901K. Total functional expenses fell by 17%, from $372K to $309K. In its most recent filing year (2023), New Hampshire Grocers Association reported a surplus of $94K, with revenue exceeding expenses. The organization holds $627K in liabilities against $901K in assets (debt-to-asset ratio: 69.6%), resulting in net assets of $274K.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $402K $309K $901K $627K
2022 $419K $269K $805K $641K View 990
2021 $356K $318K $1.3M $1.2M View 990
2020 $340K $327K $1.2M $1.2M View 990
2019 $324K $356K $1.1M $1.1M View 990
2018 $311K $312K $1.0M $1.0M View 990
2017 $339K $333K $1.0M $975K View 990
2016 $309K $332K $1.0M $945K View 990
2015 $309K $328K $1.0M $924K View 990
2014 $305K $346K $1.1M $911K View 990
2013 $318K $331K $1.1M $872K View 990
2012 $315K $319K $1.0M $841K View 990
2011 $381K $372K $1.1M $810K View 990

Year-by-Year Financial Summary

  • 2023: Revenue of $402K, expenses of $309K, and assets of $901K (revenue -3.9% year-over-year).
  • 2022: Revenue of $419K, expenses of $269K, and assets of $805K (revenue +17.7% year-over-year).
  • 2021: Revenue of $356K, expenses of $318K, and assets of $1.3M (revenue +4.5% year-over-year).
  • 2020: Revenue of $340K, expenses of $327K, and assets of $1.2M (revenue +5.2% year-over-year).
  • 2019: Revenue of $324K, expenses of $356K, and assets of $1.1M (revenue +4.2% year-over-year).
  • 2018: Revenue of $311K, expenses of $312K, and assets of $1.0M (revenue -8.4% year-over-year).
  • 2017: Revenue of $339K, expenses of $333K, and assets of $1.0M (revenue +9.7% year-over-year).
  • 2016: Revenue of $309K, expenses of $332K, and assets of $1.0M (revenue +0.2% year-over-year).
  • 2015: Revenue of $309K, expenses of $328K, and assets of $1.0M (revenue +1.2% year-over-year).
  • 2014: Revenue of $305K, expenses of $346K, and assets of $1.1M (revenue -4.0% year-over-year).
  • 2013: Revenue of $318K, expenses of $331K, and assets of $1.1M (revenue +0.9% year-over-year).
  • 2012: Revenue of $315K, expenses of $319K, and assets of $1.0M (revenue -17.4% year-over-year).
  • 2011: Revenue of $381K, expenses of $372K, and assets of $1.1M.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for New Hampshire Grocers Association:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for New Hampshire Grocers Association is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.

IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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