Plaistown Area Commerce Exchange
Plaistown Area Commerce Exchange maintains stable finances with no officer compensation reported.
EIN: 20424793 · Hampstead, NH · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $11K |
| Total Expenses | $14K |
| Program Spending | 85% |
| CEO/Top Officer Pay | $20,000. |
| Net Assets | $12K |
| Transparency Score | 85/100 |
Is Plaistown Area Commerce Exchange Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Plaistown Area Commerce Exchange directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Plaistown Area Commerce Exchange
Plaistown Area Commerce Exchange (EIN: 20424793) is a nonprofit organization based in Hampstead, NH. The organization reported total revenue of $11K and total assets of $11K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Plaistown Area Commerce Exchange's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Plaistown Area Commerce Exchange is a micro nonprofit that has been operating for 38 years, with 4 years of IRS 990 filings on record (2015–2023). Revenue has grown at a compound annual rate of -4.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $15K |
| Total Expenses | $14K |
| Surplus / Deficit | +$2K |
| Total Assets | $12K |
| Net Assets | $12K |
| Operating Margin | 11.2% |
| Months of Reserves | 10.4 months |
Financial Health Grade: A
In 2023, Plaistown Area Commerce Exchange reported a surplus of $2K with revenue exceeding expenses, holds 10.4 months of operating reserves (strong position).
Financial Trends
Over 4 years of filings (2015–2023), Plaistown Area Commerce Exchange's revenue has declined at a compound annual growth rate (CAGR) of -4.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +11.3% | +47.3% | +17.1% |
| 2022 | +169.0% | -25.9% | +82.6% |
| 2021 | -76.9% | -32.5% | -22.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1988 |
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 Plaistown Area Commerce Exchange 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Plaistown Area Commerce Exchange allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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 surplus of $2K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that the organization's leadership is likely volunteer-based or receives no salary, which is highly efficient for an organization of its size with revenues typically under $20,000.
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 Plaistown Area Commerce Exchange's IRS 990 filings:
- Revenue fluctuation, particularly the significant drop in 2021 to $5,092 while expenses were $12,389, indicates potential instability in funding for that period.
Strengths
The following positive indicators were identified for Plaistown Area Commerce Exchange:
- Consistent IRS 990 filing history demonstrates transparency.
- 0% officer compensation reported across all filings indicates high efficiency and dedication.
- No reported liabilities across all periods, showing strong financial health.
- Assets consistently exceed liabilities, indicating a stable financial foundation.
- Expenses generally managed below revenue, demonstrating fiscal responsibility.
Frequently Asked Questions about Plaistown Area Commerce Exchange
Is Plaistown Area Commerce Exchange a legitimate charity?
Based on AI analysis of IRS 990 filings, Plaistown Area Commerce Exchange (EIN: 20424793) some concerns. Mission Score: 85/100. 1 red flag identified, 5 strengths noted.
How does Plaistown Area Commerce Exchange spend its money?
Plaistown Area Commerce Exchange directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Plaistown Area Commerce Exchange tax-deductible?
Plaistown Area Commerce Exchange is registered as a tax-exempt nonprofit (EIN: 20424793). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Plaistown Area Commerce Exchange CEO make?
Plaistown Area Commerce Exchange's highest-compensated officer earns $20,000. annually. The organization reported $11K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Plaistown Area Commerce Exchange's spending goes to programs?
Plaistown Area Commerce Exchange directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Plaistown Area Commerce Exchange located?
Plaistown Area Commerce Exchange is headquartered in Hampstead, New Hampshire and files with the IRS under EIN 20424793.
How many years of IRS 990 filings does Plaistown Area Commerce Exchange have?
Plaistown Area Commerce Exchange has 4 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $11K in total revenue.
Is Plaistown Area Commerce Exchange a good charity?
Based on the available IRS 990 data, Plaistown Area Commerce Exchange appears to be a financially responsible organization. It consistently files its 990s, reports no liabilities, and has 0% officer compensation, suggesting a high degree of efficiency and dedication to its mission. Its program spending is estimated to be high due to the lack of reported officer compensation and low overall expenses relative to revenue.
How has the organization's revenue trended over time?
The organization's revenue has fluctuated, with a high of $22,053 in 2015, a low of $5,092 in 2021, and most recently $15,238 in 2023. This indicates some variability in its income streams.
What is the organization's liability situation?
The Plaistown Area Commerce Exchange consistently reports $0 in liabilities across all available filings (2015, 2021, 2022, 2023), indicating a very strong financial position with no outstanding debts.
Filing History
IRS 990 filing history for Plaistown Area Commerce Exchange showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2015–2023), Plaistown Area Commerce Exchange's revenue has declined by 30.9%, moving from $22K to $15K. Total assets increased by 64.9% over the same period, from $7K to $12K. Total functional expenses fell by 26.3%, from $18K to $14K. In its most recent filing year (2023), Plaistown Area Commerce Exchange reported a surplus of $2K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $15K | $14K | $12K | $0 | — | — |
| 2022 | $14K | $9K | $10K | $0 | — | — |
| 2021 | $5K | $12K | $5K | $0 | — | — |
| 2015 | $22K | $18K | $7K | $0 | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $15K, expenses of $14K, and assets of $12K (revenue +11.3% year-over-year).
- 2022: Revenue of $14K, expenses of $9K, and assets of $10K (revenue +169.0% year-over-year).
- 2021: Revenue of $5K, expenses of $12K, and assets of $5K (revenue -76.9% year-over-year).
- 2015: Revenue of $22K, expenses of $18K, and assets of $7K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Plaistown Area Commerce Exchange:
Data Sources and Methodology
This transparency report for Plaistown Area Commerce Exchange 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.