Pierce Street School Corporation 16 Pierce St Dover Nh
Pierce Street School Corporation: Consistent Revenue, High Liabilities, and No Executive Compensation Reported
EIN: 222682176 · Concord, NH · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $205K |
| Total Expenses | $145K |
| Net Assets | $520K |
| Transparency Score | 65/100 |
Is Pierce Street School Corporation 16 Pierce St Dover Nh Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Pierce Street School Corporation 16 Pierce St Dover Nh
Pierce Street School Corporation 16 Pierce St Dover Nh (EIN: 222682176) is a nonprofit organization based in Concord, NH. The organization reported total revenue of $205K and total assets of $1.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Pierce Street School Corporation 16 Pierce St Dover Nh's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Pierce Street School Corporation 16 Pierce St Dover Nh is a small nonprofit that has been operating for 35 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of -1.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $111K |
| Total Expenses | $145K |
| Surplus / Deficit | $-33,915 |
| Total Assets | $1.2M |
| Total Liabilities | $727K |
| Net Assets | $520K |
| Operating Margin | -30.5% |
| Debt-to-Asset Ratio | 58.3% |
| Months of Reserves | 103.1 months |
Financial Health Grade: C
In 2023, Pierce Street School Corporation 16 Pierce St Dover Nh reported a deficit of $34K with expenses exceeding revenue, holds 103.1 months of operating reserves (strong position), has a debt-to-asset ratio of 58.3% (high leverage).
Financial Trends
Over 12 years of filings (2012–2023), Pierce Street School Corporation 16 Pierce St Dover Nh's revenue has declined at a compound annual growth rate (CAGR) of -1.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +3.0% | +4.0% | -4.1% |
| 2022 | +2.6% | +5.1% | -3.8% |
| 2021 | -36.7% | +1.4% | -3.2% |
| 2020 | +17.3% | -3.8% | +7.8% |
| 2019 | -5.1% | +14.6% | +6.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1991 |
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 Pierce Street School Corporation 16 Pierce St Dover Nh with a Mission Score of 65 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: 0%
- fundraising: 0%
According to IRS 990 filings, Pierce Street School Corporation 16 Pierce St Dover Nh allocates its expenses as follows: admin: 0%, programs: 0%, fundraising: 0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $34K, with expenses exceeding revenue.
- Debt-to-asset ratio: 58.3%.
Executive Compensation Analysis
The provided data consistently shows 'c0%' for compensation across all years, indicating no reported executive compensation, which is unusual for an organization with reported revenues.
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 Pierce Street School Corporation 16 Pierce St Dover Nh's IRS 990 filings:
- Lack of detailed expense breakdown (programs, admin, fundraising) makes it impossible to assess operational efficiency and resource allocation.
- High and consistent liabilities relative to assets (e.g., $726,861 in liabilities vs. $1,246,779 in assets for 2023) could indicate financial strain or significant debt.
- The consistent 'c0%' for compensation across all years is a red flag, as it's highly improbable for an active organization to have no compensation expenses whatsoever.
Strengths
The following positive indicators were identified for Pierce Street School Corporation 16 Pierce St Dover Nh:
- Consistent revenue generation over multiple years, with revenues around $100,000-$160,000 annually, demonstrates a stable funding base.
- Assets have remained relatively stable over the years, indicating some financial resilience despite high liabilities.
Frequently Asked Questions about Pierce Street School Corporation 16 Pierce St Dover Nh
Is Pierce Street School Corporation 16 Pierce St Dover Nh a legitimate charity?
Pierce Street School Corporation 16 Pierce St Dover Nh (EIN: 222682176) is a registered tax-exempt nonprofit based in New Hampshire. Our AI analysis gives it a Mission Score of 65/100. It has 12 years of IRS 990 filings on record. Total revenue: $205K. 3 red flags identified. 2 strengths noted. Financial health grade: C.
How does Pierce Street School Corporation 16 Pierce St Dover Nh spend its money?
Pierce Street School Corporation 16 Pierce St Dover Nh reported $205K in total revenue in IRS 990 filings. 12 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Pierce Street School Corporation 16 Pierce St Dover Nh tax-deductible?
Pierce Street School Corporation 16 Pierce St Dover Nh is registered as a tax-exempt nonprofit (EIN: 222682176). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Pierce Street School Corporation 16 Pierce St Dover Nh located?
Pierce Street School Corporation 16 Pierce St Dover Nh is headquartered in Concord, New Hampshire and files with the IRS under EIN 222682176.
How many years of IRS 990 filings does Pierce Street School Corporation 16 Pierce St Dover Nh have?
Pierce Street School Corporation 16 Pierce St Dover Nh has 12 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 $205K in total revenue.
What does Pierce Street School Corporation 16 Pierce St Dover Nh do?
Pierce Street School Corporation 16 Pierce St Dover Nh is a nonprofit organization in the Unknown sector, located in Concord, New Hampshire. It is classified under NTEE code Unknown.
How much revenue does Pierce Street School Corporation 16 Pierce St Dover Nh have?
Pierce Street School Corporation 16 Pierce St Dover Nh reported total revenue of $204,749. Based on 12 IRS 990 filings on record.
What are Pierce Street School Corporation 16 Pierce St Dover Nh's total assets?
Pierce Street School Corporation 16 Pierce St Dover Nh holds total assets of $1,210,469 as reported in IRS 990 filings.
Where is Pierce Street School Corporation 16 Pierce St Dover Nh located?
Pierce Street School Corporation 16 Pierce St Dover Nh is based in Concord, New Hampshire.
What is Pierce Street School Corporation 16 Pierce St Dover Nh's EIN?
Pierce Street School Corporation 16 Pierce St Dover Nh's Employer Identification Number (EIN) is 222682176. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Pierce Street School Corporation 16 Pierce St Dover Nh?
Pierce Street School Corporation 16 Pierce St Dover Nh is classified under NTEE code Unknown (Unknown).
Is Pierce Street School Corporation 16 Pierce St Dover Nh a registered 501(c)(3)?
Pierce Street School Corporation 16 Pierce St Dover Nh appears in IRS records (EIN: 222682176). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Pierce Street School Corporation 16 Pierce St Dover Nh file IRS Form 990?
Yes, Pierce Street School Corporation 16 Pierce St Dover Nh has 12 IRS Form 990 filings on record. The most recent covers tax period 202304.
What was Pierce Street School Corporation 16 Pierce St Dover Nh's revenue in 2023?
In the 202304 filing period, Pierce Street School Corporation 16 Pierce St Dover Nh reported total revenue of $111,162, total expenses of $145,077, and net assets of $1,246,779.
Is Pierce Street School Corporation 16 Pierce St Dover Nh's revenue growing or declining?
Pierce Street School Corporation 16 Pierce St Dover Nh's revenue is relatively stable. Revenue went from $107,965 (202204) to $111,162 (202304), a +3.0% change. Based on 12 filings on record.
What is Pierce Street School Corporation 16 Pierce St Dover Nh's most recent 990 filing?
The most recent IRS Form 990 filing for Pierce Street School Corporation 16 Pierce St Dover Nh covers tax period 202304. It shows revenue of $111,162, expenses of $145,077, total assets of $1,246,779, and liabilities of $726,861.
Is Pierce Street School Corporation 16 Pierce St Dover Nh a trustworthy charity?
Based on AI analysis of IRS 990 data, Pierce Street School Corporation 16 Pierce St Dover Nh shows mixed signals. Mission Score: 65/100 (Good). 3 red flags identified. 2 strengths noted.
What are the red flags for Pierce Street School Corporation 16 Pierce St Dover Nh?
The following concerns were identified: Lack of detailed expense breakdown (programs, admin, fundraising) makes it impossible to assess operational efficiency and resource allocation.. High and consistent liabilities relative to assets (e.g., $726,861 in liabilities vs. $1,246,779 in assets for 2023) could indicate financial strain or significant debt.. The consistent 'c0%' for compensation across all years is a red flag, as it's highly improbable for an active organization to have no compensation expenses whatsoever.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Pierce Street School Corporation 16 Pierce St Dover Nh's strengths?
Positive indicators for Pierce Street School Corporation 16 Pierce St Dover Nh include: Consistent revenue generation over multiple years, with revenues around $100,000-$160,000 annually, demonstrates a stable funding base.. Assets have remained relatively stable over the years, indicating some financial resilience despite high liabilities.. These findings are derived from AI analysis of the organization's financial filings.
How does Pierce Street School Corporation 16 Pierce St Dover Nh compensate executives?
The provided data consistently shows 'c0%' for compensation across all years, indicating no reported executive compensation, which is unusual for an organization with reported revenues. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the consistent revenue and assets, what is the primary purpose of the organization's expenditures if no program, administrative, or fundraising costs are reported, and compensation is consistently '0%'?
Without a detailed breakdown of expenses beyond 'x' (total expenses), it's impossible to determine how the organization utilizes its revenue. The '0%' compensation and lack of categorized spending suggest either incomplete data or a highly unusual operational model.
How does the organization manage to operate and generate revenue without any reported compensation expenses, and what are the implications for its long-term sustainability?
The absence of reported compensation expenses is highly unusual and raises questions about how the organization's work is performed. This could imply reliance on purely volunteer labor, undisclosed compensation, or a unique operational structure that needs further investigation to assess long-term sustainability.
Filing History
IRS 990 filing history for Pierce Street School Corporation 16 Pierce St Dover Nh showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Pierce Street School Corporation 16 Pierce St Dover Nh's revenue has declined by 14.9%, moving from $131K to $111K. Total assets decreased by 8.5% over the same period, from $1.4M to $1.2M. Total functional expenses rose by 3.6%, from $140K to $145K. In its most recent filing year (2023), Pierce Street School Corporation 16 Pierce St Dover Nh reported a deficit of $34K, with expenses exceeding revenue. The organization holds $727K in liabilities against $1.2M in assets (debt-to-asset ratio: 58.3%), resulting in net assets of $520K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $111K | $145K | $1.2M | $727K | — | View 990 |
| 2022 | $108K | $140K | $1.3M | $747K | — | View 990 |
| 2021 | $105K | $133K | $1.4M | $766K | — | — |
| 2020 | $166K | $131K | $1.4M | $1.1M | — | — |
| 2019 | $142K | $136K | $1.3M | $993K | — | View 990 |
| 2018 | $150K | $119K | $1.2M | $918K | — | View 990 |
| 2017 | $-13,208 | $0 | $1.2M | $963K | — | View 990 |
| 2016 | $147K | $117K | $1.3M | $986K | — | View 990 |
| 2015 | $140K | $128K | $1.3M | $1.0M | — | View 990 |
| 2014 | $123K | $132K | $1.3M | $1.1M | — | View 990 |
| 2013 | $130K | $151K | $1.3M | $1.1M | — | View 990 |
| 2012 | $131K | $140K | $1.4M | $1.1M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $111K, expenses of $145K, and assets of $1.2M (revenue +3.0% year-over-year).
- 2022: Revenue of $108K, expenses of $140K, and assets of $1.3M (revenue +2.6% year-over-year).
- 2021: Revenue of $105K, expenses of $133K, and assets of $1.4M (revenue -36.7% year-over-year).
- 2020: Revenue of $166K, expenses of $131K, and assets of $1.4M (revenue +17.3% year-over-year).
- 2019: Revenue of $142K, expenses of $136K, and assets of $1.3M (revenue -5.1% year-over-year).
- 2018: Revenue of $150K, expenses of $119K, and assets of $1.2M.
- 2017: Revenue of $-13,208, expenses of $0, and assets of $1.2M (revenue -109.0% year-over-year).
- 2016: Revenue of $147K, expenses of $117K, and assets of $1.3M (revenue +5.0% year-over-year).
- 2015: Revenue of $140K, expenses of $128K, and assets of $1.3M (revenue +14.2% year-over-year).
- 2014: Revenue of $123K, expenses of $132K, and assets of $1.3M (revenue -5.5% year-over-year).
- 2013: Revenue of $130K, expenses of $151K, and assets of $1.3M (revenue -0.6% year-over-year).
- 2012: Revenue of $131K, expenses of $140K, and assets of $1.4M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Pierce Street School Corporation 16 Pierce St Dover Nh:
Data Sources and Methodology
This transparency report for Pierce Street School Corporation 16 Pierce St Dover Nh 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.