Northeastern Regional Association Of Coastal Ocean Observation Syste
EIN: 264607435 · Portsmouth, NH · NTEE: U21
| Metric | Value |
|---|---|
| Total Revenue | $5.4M |
| Total Expenses | $4.2M |
| Net Assets | $580K |
Is Northeastern Regional Association Of Coastal Ocean Observation Syste Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Northeastern Regional Association Of Coastal Ocean Observation Syste
Northeastern Regional Association Of Coastal Ocean Observation Syste (EIN: 264607435) is a nonprofit organization based in Portsmouth, NH, classified under NTEE code U21. The organization reported total revenue of $5.4M and total assets of $1.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Northeastern Regional Association Of Coastal Ocean Observation Syste's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Northeastern Regional Association Of Coastal Ocean Observation Syste is a mid-size nonprofit that has been operating for 16 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 9.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $4.4M |
| Total Expenses | $4.2M |
| Surplus / Deficit | +$228K |
| Total Assets | $984K |
| Total Liabilities | $403K |
| Net Assets | $580K |
| Operating Margin | 5.2% |
| Debt-to-Asset Ratio | 41.0% |
| Months of Reserves | 2.8 months |
Financial Health Grade: A
In 2023, Northeastern Regional Association Of Coastal Ocean Observation Syste reported a surplus of $228K with revenue exceeding expenses, holds 2.8 months of operating reserves (limited), has a debt-to-asset ratio of 41.0% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Northeastern Regional Association Of Coastal Ocean Observation Syste's revenue has grown at a compound annual growth rate (CAGR) of 9.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -16.1% | -19.6% | -33.2% |
| 2022 | +37.0% | +32.8% | +144.0% |
| 2021 | +20.3% | +21.4% | -50.7% |
| 2020 | -6.4% | -2.7% | +23.9% |
| 2019 | +6.2% | +4.0% | +31.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2010 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Northeastern Regional Association Of Coastal Ocean Observation Syste has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Northeastern Regional Association Of Coastal Ocean Observation Syste with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $228K, with revenue exceeding expenses.
- Debt-to-asset ratio: 41.0%.
Frequently Asked Questions about Northeastern Regional Association Of Coastal Ocean Observation Syste
Is Northeastern Regional Association Of Coastal Ocean Observation Syste a legitimate charity?
Northeastern Regional Association Of Coastal Ocean Observation Syste (EIN: 264607435) is a registered tax-exempt nonprofit based in New Hampshire. It has 13 years of IRS 990 filings on record. Total revenue: $5.4M. No red flags identified. Financial health grade: A.
How does Northeastern Regional Association Of Coastal Ocean Observation Syste spend its money?
Northeastern Regional Association Of Coastal Ocean Observation Syste reported $5.4M in total revenue in IRS 990 filings. 13 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Northeastern Regional Association Of Coastal Ocean Observation Syste tax-deductible?
Northeastern Regional Association Of Coastal Ocean Observation Syste is registered as a tax-exempt nonprofit (EIN: 264607435). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Northeastern Regional Association Of Coastal Ocean Observation Syste located?
Northeastern Regional Association Of Coastal Ocean Observation Syste is headquartered in Portsmouth, New Hampshire and files with the IRS under EIN 264607435. It is classified under NTEE code U21.
How many years of IRS 990 filings does Northeastern Regional Association Of Coastal Ocean Observation Syste have?
Northeastern Regional Association Of Coastal Ocean Observation Syste 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 $5.4M in total revenue.
Filing History
IRS 990 filing history for Northeastern Regional Association Of Coastal Ocean Observation Syste showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Northeastern Regional Association Of Coastal Ocean Observation Syste's revenue has grown by 191%, moving from $1.5M to $4.4M. Total assets increased by 53.4% over the same period, from $641K to $984K. Total functional expenses rose by 160.7%, from $1.6M to $4.2M. In its most recent filing year (2023), Northeastern Regional Association Of Coastal Ocean Observation Syste reported a surplus of $228K, with revenue exceeding expenses. The organization holds $403K in liabilities against $984K in assets (debt-to-asset ratio: 41.0%), resulting in net assets of $580K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $4.4M | $4.2M | $984K | $403K | — | View 990 |
| 2022 | $5.3M | $5.2M | $1.5M | $1.1M | — | View 990 |
| 2021 | $3.8M | $3.9M | $604K | $307K | — | View 990 |
| 2020 | $3.2M | $3.2M | $1.2M | $851K | — | — |
| 2019 | $3.4M | $3.3M | $989K | $581K | — | View 990 |
| 2018 | $3.2M | $3.2M | $752K | $441K | — | View 990 |
| 2017 | $3.5M | $3.3M | $877K | $591K | — | View 990 |
| 2016 | $3.3M | $3.3M | $527K | $414K | — | View 990 |
| 2015 | $3.0M | $3.3M | $1.1M | $1.0M | — | View 990 |
| 2014 | $2.8M | $2.3M | $862K | $452K | — | View 990 |
| 2013 | $2.0M | $2.1M | $281K | $361K | — | View 990 |
| 2012 | $2.2M | $2.1M | $791K | $745K | — | View 990 |
| 2011 | $1.5M | $1.6M | $641K | $665K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $4.4M, expenses of $4.2M, and assets of $984K (revenue -16.1% year-over-year).
- 2022: Revenue of $5.3M, expenses of $5.2M, and assets of $1.5M (revenue +37.0% year-over-year).
- 2021: Revenue of $3.8M, expenses of $3.9M, and assets of $604K (revenue +20.3% year-over-year).
- 2020: Revenue of $3.2M, expenses of $3.2M, and assets of $1.2M (revenue -6.4% year-over-year).
- 2019: Revenue of $3.4M, expenses of $3.3M, and assets of $989K (revenue +6.2% year-over-year).
- 2018: Revenue of $3.2M, expenses of $3.2M, and assets of $752K (revenue -7.1% year-over-year).
- 2017: Revenue of $3.5M, expenses of $3.3M, and assets of $877K (revenue +5.6% year-over-year).
- 2016: Revenue of $3.3M, expenses of $3.3M, and assets of $527K (revenue +9.5% year-over-year).
- 2015: Revenue of $3.0M, expenses of $3.3M, and assets of $1.1M (revenue +7.4% year-over-year).
- 2014: Revenue of $2.8M, expenses of $2.3M, and assets of $862K (revenue +40.5% year-over-year).
- 2013: Revenue of $2.0M, expenses of $2.1M, and assets of $281K (revenue -9.2% year-over-year).
- 2012: Revenue of $2.2M, expenses of $2.1M, and assets of $791K (revenue +44.1% year-over-year).
- 2011: Revenue of $1.5M, expenses of $1.6M, and assets of $641K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Northeastern Regional Association Of Coastal Ocean Observation Syste:
Data Sources and Methodology
This transparency report for Northeastern Regional Association Of Coastal Ocean Observation Syste 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.