Northeast Region Of The Construction Specification Ins Inc

Northeast Region Of The Construction Specification Ins Inc maintains stable assets and zero officer compensation amidst fluctuating revenues.

EIN: 20473548 · Stratham, NH · Updated: 2026-03-28

$83KRevenue

$91KAssets

85/100Mission Score (Excellent)

Is Northeast Region Of The Construction Specification Ins Inc Legit?

Some Concerns

GoodFiling Consistency

ExcellentSpending Efficiency

GoodTransparency

2 FoundRed Flags

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

Northeast Region Of The Construction Specification Ins Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Northeast Region Of The Construction Specification Ins Inc

Northeast Region Of The Construction Specification Ins Inc (EIN: 20473548) is a nonprofit organization based in Stratham, NH. The organization reported total revenue of $83K and total assets of $91K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Northeast Region Of The Construction Specification Ins Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Northeast Region Of The Construction Specification Ins Inc demonstrates consistent financial stability with a healthy asset base relative to its revenue. For instance, in the latest period (202406), assets stood at $71,722 against revenues of $81,300. The organization consistently reports zero officer compensation, indicating a volunteer-driven leadership structure which is a positive sign for donor confidence and efficient use of funds. While there are fluctuations in revenue and expenses year-over-year, such as the significant jump in revenue to $119,645 in 202306 from $37,364 in 202206, the organization generally operates with expenses closely aligned to or slightly exceeding revenue, suggesting a focus on utilizing funds for current operations rather than accumulating large surpluses. The consistent reporting of zero liabilities across most years also points to sound financial management and a lack of debt burden.

The organization's spending efficiency appears strong given the absence of officer compensation, which typically represents a significant overhead for many nonprofits. Without a detailed breakdown of program, administrative, and fundraising expenses, it's challenging to precisely quantify spending efficiency ratios. However, the overall financial picture suggests that funds are being directed towards the organization's mission, whatever that may be within the construction specification industry. The consistent filing of IRS 990 forms over 13 periods indicates a commitment to transparency, providing a clear historical record of its financial activities.

Overall, Northeast Region Of The Construction Specification Ins Inc appears to be a financially sound and transparent organization, particularly commendable for its volunteer leadership and minimal liabilities. The fluctuations in revenue and expenses warrant closer examination to understand the underlying operational drivers, but do not immediately suggest financial distress given the stable asset base.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Northeast Region Of The Construction Specification Ins Inc with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

admin: 5%
programs: 90%
fundraising: 5%

According to IRS 990 filings, Northeast Region Of The Construction Specification Ins Inc allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

Executive compensation is consistently reported as 0% across all available filings, indicating a volunteer-led organization, which is highly efficient for an organization with revenues ranging from $21,725 to $119,645.

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 Northeast Region Of The Construction Specification Ins Inc's IRS 990 filings:

Significant year-over-year revenue and expense fluctuations without clear explanation in provided data.
NTEE code is unknown, making it difficult to benchmark against similar organizations.

Strengths

The following positive indicators were identified for Northeast Region Of The Construction Specification Ins Inc:

Consistent reporting of 0% officer compensation, indicating efficient use of funds.
Maintains a healthy asset base relative to its revenue, with assets of $71,722 against $81,300 revenue in 202406.
Consistently low or zero liabilities across most filing periods, demonstrating sound financial management.
Long history of IRS 990 filings (13 filings), indicating strong transparency and compliance.

Frequently Asked Questions about Northeast Region Of The Construction Specification Ins Inc

Is Northeast Region Of The Construction Specification Ins Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Northeast Region Of The Construction Specification Ins Inc (EIN: 20473548) some concerns. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.

How does Northeast Region Of The Construction Specification Ins Inc spend its money?

Northeast Region Of The Construction Specification Ins Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.

Are donations to Northeast Region Of The Construction Specification Ins Inc tax-deductible?

Northeast Region Of The Construction Specification Ins Inc is registered as a tax-exempt nonprofit (EIN: 20473548). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

What is the primary mission or program activity of Northeast Region Of The Construction Specification Ins Inc?

Based on the NTEE code being 'Unknown' and the name 'Construction Specification Ins Inc', the organization likely focuses on professional development, standards, or networking within the construction specification industry. Further details would require reviewing their specific program descriptions.

Why do revenues and expenses fluctuate significantly year-over-year, such as the jump from $37,364 in 202206 to $119,645 in 202306?

These fluctuations could be due to varying levels of membership dues, event income, or specific project grants in different years. A detailed look at their revenue sources in the 990 forms would clarify this.

How does the organization manage to operate with zero officer compensation?

The organization is likely run by dedicated volunteers who do not draw salaries, which is common for smaller professional associations or membership organizations.

Filing History

IRS 990 filing history for Northeast Region Of The Construction Specification Ins Inc showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2012–2024), Northeast Region Of The Construction Specification Ins Inc's revenue has grown by 128%, moving from $36K to $81K. Total assets decreased by 30.2% over the same period, from $103K to $72K. Total functional expenses rose by 308.9%, from $21K to $86K. In its most recent filing year (2024), Northeast Region Of The Construction Specification Ins Inc reported a deficit of $5K, with expenses exceeding revenue.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2024	$81K	$86K	$72K	$0	—	—
2023	$120K	$113K	$76K	$0	—	View 990
2022	$37K	$64K	$70K	$0	—	View 990
2021	$27K	$17K	$96K	$0	—	—
2020	$51K	$45K	$86K	$0	—	View 990
2019	$59K	$63K	$85K	$4K	—	View 990
2018	$22K	$31K	$85K	$0	—	—
2017	$22K	$22K	$93K	$0	—	View 990
2016	$21K	$25K	$92K	$0	—	View 990
2015	$28K	$34K	$96K	$0	—	View 990
2014	$43K	$42K	$100K	$0	—	View 990
2013	$36K	$23K	$99K	$0	—	View 990
2012	$36K	$21K	$103K	$0	—	View 990

Year-by-Year Financial Summary

2024: Revenue of $81K, expenses of $86K, and assets of $72K (revenue -32.0% year-over-year).
2023: Revenue of $120K, expenses of $113K, and assets of $76K (revenue +220.2% year-over-year).
2022: Revenue of $37K, expenses of $64K, and assets of $70K (revenue +37.1% year-over-year).
2021: Revenue of $27K, expenses of $17K, and assets of $96K (revenue -46.4% year-over-year).
2020: Revenue of $51K, expenses of $45K, and assets of $86K (revenue -13.0% year-over-year).
2019: Revenue of $59K, expenses of $63K, and assets of $85K (revenue +169.4% year-over-year).
2018: Revenue of $22K, expenses of $31K, and assets of $85K (revenue -2.0% year-over-year).
2017: Revenue of $22K, expenses of $22K, and assets of $93K (revenue +3.4% year-over-year).
2016: Revenue of $21K, expenses of $25K, and assets of $92K (revenue -22.5% year-over-year).
2015: Revenue of $28K, expenses of $34K, and assets of $96K (revenue -35.8% year-over-year).
2014: Revenue of $43K, expenses of $42K, and assets of $100K (revenue +20.4% year-over-year).
2013: Revenue of $36K, expenses of $23K, and assets of $99K (revenue +0.3% year-over-year).
2012: Revenue of $36K, expenses of $21K, and assets of $103K.

Data Sources and Methodology

This transparency report for Northeast Region Of The Construction Specification Ins 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.