Rimmon Club Inc

Rimmon Club Inc. consistently operates near break-even with no reported officer compensation and minimal liabilities.

EIN: 20184518 · Manchester, NH · NTEE: N50 · Updated: 2026-03-28

$355KRevenue
$54KAssets
85/100Mission Score (Excellent)
N50

About Rimmon Club Inc

Rimmon Club Inc (EIN: 20184518) is a nonprofit organization based in Manchester, NH, classified under NTEE code N50. The organization reported total revenue of $355K and total assets of $54K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Rimmon Club Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Rimmon Club Inc. demonstrates consistent financial activity, with revenues and expenses generally in close alignment over the past decade. For instance, in 2023, the organization reported revenues of $297,167 against expenses of $304,464, indicating a slight operational deficit. This trend of expenses closely matching or slightly exceeding revenue is common, suggesting that the organization is spending what it brings in to support its activities. The organization consistently reports zero liabilities in recent years (2021-2023), which is a strong indicator of financial stability and responsible fiscal management. Their assets have fluctuated but remain modest, with $61,956 in 2023, which is appropriate for an organization of its size and revenue. The consistent reporting of 0% officer compensation across all available filings is a significant positive for transparency and efficiency, indicating that leadership is likely volunteer-based or compensated through other means not classified as officer compensation, which can free up more funds for programmatic activities. While specific program spending ratios are not detailed in the provided data, the overall financial picture suggests a lean operation. The absence of officer compensation is a key factor in potential spending efficiency. The organization's consistent filing of IRS Form 990s over 13 periods demonstrates a commitment to regulatory compliance and transparency, allowing public scrutiny of its financial operations. The lack of significant liabilities further reinforces a picture of sound financial health. To fully assess spending efficiency, a detailed breakdown of expenses into program, administrative, and fundraising categories would be necessary. However, based on the available data, Rimmon Club Inc. appears to be a financially stable organization with a strong commitment to transparency through its consistent filings and a notable lack of executive compensation, which generally bodes well for the allocation of resources towards its mission.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Rimmon Club 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

According to IRS 990 filings, Rimmon Club 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.

Executive Compensation Analysis

Rimmon Club Inc. consistently reports 0% officer compensation across all available filings, indicating that its leadership is either volunteer-based or compensated through non-officer channels, which is highly favorable for resource allocation to its mission.

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.

Strengths

The following positive indicators were identified for Rimmon Club Inc:

Frequently Asked Questions about Rimmon Club Inc

Is Rimmon Club Inc. financially stable?

Yes, Rimmon Club Inc. appears financially stable. While it often operates with revenues closely matching or slightly below expenses (e.g., 2023 revenue of $297,167 vs. expenses of $304,464), it consistently reports zero liabilities in recent years (2021-2023), indicating a healthy balance sheet.

How transparent is Rimmon Club Inc.?

Rimmon Club Inc. demonstrates good transparency by consistently filing its IRS Form 990s for 13 periods, making its financial data publicly accessible. The clear reporting of 0% officer compensation also contributes to its transparency.

Does Rimmon Club Inc. pay its officers?

No, according to all available IRS 990 filings, Rimmon Club Inc. reports 0% officer compensation, suggesting that its officers are not compensated or are compensated through other means not classified as officer compensation.

What is the trend in Rimmon Club Inc.'s assets?

Rimmon Club Inc.'s assets have fluctuated over the years, peaking at $94,320 in 2020 and decreasing to $61,956 in 2023. Despite the decrease, the assets remain modest and appropriate for an organization of its size, and the absence of liabilities is a positive sign.

Filing History

IRS 990 filing history for Rimmon Club Inc showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Rimmon Club Inc's revenue has grown by 53.5%, moving from $194K to $297K. Total assets increased by 81% over the same period, from $34K to $62K. Total functional expenses rose by 47.6%, from $206K to $304K. In its most recent filing year (2023), Rimmon Club Inc reported a deficit of $7K, with expenses exceeding revenue.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp.PDF
2023 $297K $304K $62K $0 View 990
2022 $315K $329K $69K $0 View 990
2021 $387K $399K $83K $0
2020 $290K $275K $94K $0
2019 $400K $399K $79K $281 View 990
2018 $379K $361K $79K $229 View 990
2017 $312K $264K $62K $2K View 990
2016 $183K $181K $15K $3K View 990
2015 $192K $196K $16K $6K View 990
2014 $188K $197K $15K $2K View 990
2013 $188K $189K $25K $3K View 990
2012 $192K $200K $28K $5K View 990
2011 $194K $206K $34K $3K View 990

Year-by-Year Financial Summary

Data Sources and Methodology

This transparency report for Rimmon Club 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.

Related Nonprofits

Browse by State