Piscataqua Maritime Commission Inc
Piscataqua Maritime Commission Inc shows strong volunteer leadership but faced a significant deficit in 2023.
EIN: 20496393 · Portsmouth, NH · NTEE: A80 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $164K |
| Total Expenses | $216K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $164,275. |
| Net Assets | $24K |
| Transparency Score | 85/100 |
Is Piscataqua Maritime Commission Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Piscataqua Maritime Commission Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Piscataqua Maritime Commission Inc
Piscataqua Maritime Commission Inc (EIN: 20496393) is a nonprofit organization based in Portsmouth, NH, classified under NTEE code A80. The organization reported total revenue of $164K and total assets of $73K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Piscataqua Maritime Commission Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Piscataqua Maritime Commission Inc is a small nonprofit that has been operating for 28 years, with 12 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 10.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $154K |
| Total Expenses | $216K |
| Surplus / Deficit | $-61,461 |
| Total Assets | $24K |
| Net Assets | $24K |
| Operating Margin | -39.9% |
| Months of Reserves | 1.3 months |
Financial Health Grade: C
In 2023, Piscataqua Maritime Commission Inc reported a deficit of $61K with expenses exceeding revenue, holds 1.3 months of operating reserves (limited).
Financial Trends
Over 12 years of filings (2011–2023), Piscataqua Maritime Commission Inc's revenue has grown at a compound annual growth rate (CAGR) of 10.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +14.7% | +60.5% | -71.9% |
| 2022 | +52.5% | +89.9% | -0.2% |
| 2021 | -35.8% | -56.7% | -9.0% |
| 2019 | -13.8% | -6.6% | -23.6% |
| 2018 | +389.7% | +131.8% | -9.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1998 |
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 Piscataqua Maritime Commission 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Piscataqua Maritime Commission Inc allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $61K, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that the organization is likely run by volunteers or that compensation falls below reporting thresholds, which is highly efficient for an organization of its size with latest revenue of $164,275.
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 Piscataqua Maritime Commission Inc's IRS 990 filings:
- Significant deficit in 2023 ($215,634 expenses vs. $154,173 revenue)
- Declining asset base, particularly a sharp drop from $85,483 in 2022 to $24,022 in 2023
Strengths
The following positive indicators were identified for Piscataqua Maritime Commission Inc:
- Zero reported officer compensation across all filings, indicating strong volunteer leadership and efficient use of funds.
- Consistent filing of IRS Form 990s, demonstrating transparency.
- Low to no liabilities reported in most years, indicating fiscal responsibility.
- Strong program focus, with a high percentage of spending likely directed towards its mission.
Frequently Asked Questions about Piscataqua Maritime Commission Inc
Is Piscataqua Maritime Commission Inc a legitimate charity?
Piscataqua Maritime Commission Inc (EIN: 20496393) is a registered tax-exempt nonprofit based in New Hampshire. Our AI analysis gives it a Mission Score of 85/100. It has 12 years of IRS 990 filings on record. Total revenue: $164K. 2 red flags identified. 4 strengths noted. Financial health grade: C.
How does Piscataqua Maritime Commission Inc spend its money?
Piscataqua Maritime Commission Inc directs 90% of its spending to programs and services. Fundraising costs 3%. This exceeds the 65% industry benchmark.
Are donations to Piscataqua Maritime Commission Inc tax-deductible?
Piscataqua Maritime Commission Inc is registered as a tax-exempt nonprofit (EIN: 20496393). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Piscataqua Maritime Commission Inc CEO make?
Piscataqua Maritime Commission Inc's highest-compensated officer earns $164,275. annually. The organization reported $164K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Piscataqua Maritime Commission Inc's spending goes to programs?
Piscataqua Maritime Commission Inc directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Piscataqua Maritime Commission Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Piscataqua Maritime Commission Inc is above average for NTEE category A80 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Piscataqua Maritime Commission Inc located?
Piscataqua Maritime Commission Inc is headquartered in Portsmouth, New Hampshire and files with the IRS under EIN 20496393. It is classified under NTEE code A80.
How many years of IRS 990 filings does Piscataqua Maritime Commission Inc have?
Piscataqua Maritime Commission Inc 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 $164K in total revenue.
Is Piscataqua Maritime Commission Inc a good charity?
Yes, based on its consistent program focus and zero reported officer compensation, it appears to be a highly mission-driven organization. However, potential donors should consider the recent financial deficit in 2023.
How does the organization manage its expenses?
The organization manages its expenses efficiently, particularly by not incurring officer compensation. However, in 2023, expenses ($215,634) significantly outpaced revenue ($154,173), suggesting a need for tighter expense control or increased fundraising.
What is the trend in the organization's assets?
The organization's assets have fluctuated, showing a general decline from a high of $179,114 in 2016 to $24,022 in 2023, with a notable drop in the most recent filing period.
Does the organization have any debt?
The organization has reported minimal to no liabilities in most of its filings, with $0 reported in 2023 and 2022, indicating a generally debt-free operation.
How transparent is Piscataqua Maritime Commission Inc?
The organization is highly transparent, consistently filing its IRS Form 990s and clearly reporting its financial activities, including zero officer compensation, which provides a clear picture of its operations.
Filing History
IRS 990 filing history for Piscataqua Maritime Commission Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2023), Piscataqua Maritime Commission Inc's revenue has grown by 222.8%, moving from $48K to $154K. Total assets decreased by 80.5% over the same period, from $123K to $24K. Total functional expenses rose by 240.2%, from $63K to $216K. In its most recent filing year (2023), Piscataqua Maritime Commission Inc reported a deficit of $61K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $154K | $216K | $24K | $0 | — | View 990 |
| 2022 | $134K | $134K | $85K | $0 | — | View 990 |
| 2021 | $88K | $71K | $86K | $218 | — | View 990 |
| 2019 | $137K | $163K | $94K | $0 | — | View 990 |
| 2018 | $159K | $175K | $123K | $3K | — | View 990 |
| 2017 | $33K | $75K | $136K | $0 | — | View 990 |
| 2016 | $117K | $110K | $179K | $0 | — | View 990 |
| 2015 | $105K | $65K | $172K | $0 | — | View 990 |
| 2014 | $86K | $77K | $132K | $0 | — | View 990 |
| 2013 | $61K | $62K | $122K | $0 | — | View 990 |
| 2012 | $87K | $88K | $123K | $0 | — | View 990 |
| 2011 | $48K | $63K | $123K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $154K, expenses of $216K, and assets of $24K (revenue +14.7% year-over-year).
- 2022: Revenue of $134K, expenses of $134K, and assets of $85K (revenue +52.5% year-over-year).
- 2021: Revenue of $88K, expenses of $71K, and assets of $86K (revenue -35.8% year-over-year).
- 2019: Revenue of $137K, expenses of $163K, and assets of $94K (revenue -13.8% year-over-year).
- 2018: Revenue of $159K, expenses of $175K, and assets of $123K (revenue +389.7% year-over-year).
- 2017: Revenue of $33K, expenses of $75K, and assets of $136K (revenue -72.2% year-over-year).
- 2016: Revenue of $117K, expenses of $110K, and assets of $179K (revenue +11.3% year-over-year).
- 2015: Revenue of $105K, expenses of $65K, and assets of $172K (revenue +21.7% year-over-year).
- 2014: Revenue of $86K, expenses of $77K, and assets of $132K (revenue +40.8% year-over-year).
- 2013: Revenue of $61K, expenses of $62K, and assets of $122K (revenue -29.7% year-over-year).
- 2012: Revenue of $87K, expenses of $88K, and assets of $123K (revenue +82.9% year-over-year).
- 2011: Revenue of $48K, expenses of $63K, and assets of $123K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Piscataqua Maritime Commission Inc:
Data Sources and Methodology
This transparency report for Piscataqua Maritime Commission 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.