North East Grand Banks Owners Association Inc
North East Grand Banks Owners Association Inc reports no revenue or assets in its latest filing.
EIN: 201243026 · Smithfield, RI · NTEE: N50 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Program Spending | 100% |
| CEO/Top Officer Pay | $0 |
| Transparency Score | 60/100 |
Is North East Grand Banks Owners Association Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
North East Grand Banks Owners Association Inc directs 100% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About North East Grand Banks Owners Association Inc
North East Grand Banks Owners Association Inc (EIN: 201243026) is a nonprofit organization based in Smithfield, RI, classified under NTEE code N50. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of North East Grand Banks Owners Association Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2005 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates North East Grand Banks Owners Association Inc with a Mission Score of 60 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: 0%
- programs: 100%
- fundraising: 0%
According to IRS 990 filings, North East Grand Banks Owners Association Inc allocates its expenses as follows: admin: 0%, programs: 100%, fundraising: 0%. With 100% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Given the reported $0 in revenue and assets, it is highly probable that there is no executive compensation, or if there is, it is covered by volunteer efforts or external support not reflected in the filing.
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 North East Grand Banks Owners Association Inc's IRS 990 filings:
- Lack of financial activity makes traditional financial analysis impossible.
Strengths
The following positive indicators were identified for North East Grand Banks Owners Association Inc:
- Likely very low overhead due to minimal financial activity.
- Potential for high program focus if activities are purely volunteer-driven.
Frequently Asked Questions about North East Grand Banks Owners Association Inc
Is North East Grand Banks Owners Association Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, North East Grand Banks Owners Association Inc (EIN: 201243026) some concerns. Mission Score: 60/100. 1 red flag identified, 2 strengths noted.
How does North East Grand Banks Owners Association Inc spend its money?
North East Grand Banks Owners Association Inc directs 100% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to North East Grand Banks Owners Association Inc tax-deductible?
North East Grand Banks Owners Association Inc is registered as a tax-exempt nonprofit (EIN: 201243026). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the North East Grand Banks Owners Association Inc CEO make?
North East Grand Banks Owners Association Inc's highest-compensated officer earns $0 annually. Executive compensation data is disclosed in IRS 990 filings.
How does North East Grand Banks Owners Association Inc compare to similar nonprofits?
With a transparency score of 60/100 (Good), North East Grand Banks Owners Association Inc is above average for NTEE category N50 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is North East Grand Banks Owners Association Inc located?
North East Grand Banks Owners Association Inc is headquartered in Smithfield, Rhode Island and files with the IRS under EIN 201243026. It is classified under NTEE code N50.
Is North East Grand Banks Owners Association Inc a good charity?
Based on the available IRS 990 data showing $0 revenue and assets, it's difficult to assess its 'goodness' as a charity in financial terms. It appears to be a very small, likely volunteer-driven association rather than a traditional charity with significant financial operations.
How does North East Grand Banks Owners Association Inc fund its activities?
With $0 in reported revenue, the organization likely funds its activities through volunteer efforts, in-kind donations, or very small, unreported membership dues that fall below reporting thresholds, or it may be largely inactive financially.
Data Sources and Methodology
This transparency report for North East Grand Banks Owners Association Inc 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.