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
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
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
- admin: 7%
- programs: 90%
- fundraising: 3%
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:
- Consistent reporting of 0% officer compensation, indicating high efficiency in leadership costs.
- Zero liabilities reported in recent years (2021-2023), demonstrating strong financial health and responsible management.
- Consistent filing of IRS Form 990s over 13 periods, showing commitment to transparency and regulatory compliance.
- Revenues and expenses generally in close alignment, suggesting efficient use of incoming funds for operations.
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.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 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
- 2023: Revenue of $297K, expenses of $304K, and assets of $62K (revenue -5.7% year-over-year).
- 2022: Revenue of $315K, expenses of $329K, and assets of $69K (revenue -18.5% year-over-year).
- 2021: Revenue of $387K, expenses of $399K, and assets of $83K (revenue +33.4% year-over-year).
- 2020: Revenue of $290K, expenses of $275K, and assets of $94K (revenue -27.5% year-over-year).
- 2019: Revenue of $400K, expenses of $399K, and assets of $79K (revenue +5.5% year-over-year).
- 2018: Revenue of $379K, expenses of $361K, and assets of $79K (revenue +21.7% year-over-year).
- 2017: Revenue of $312K, expenses of $264K, and assets of $62K (revenue +70.1% year-over-year).
- 2016: Revenue of $183K, expenses of $181K, and assets of $15K (revenue -4.8% year-over-year).
- 2015: Revenue of $192K, expenses of $196K, and assets of $16K (revenue +2.6% year-over-year).
- 2014: Revenue of $188K, expenses of $197K, and assets of $15K (revenue -0.4% year-over-year).
- 2013: Revenue of $188K, expenses of $189K, and assets of $25K (revenue -2.0% year-over-year).
- 2012: Revenue of $192K, expenses of $200K, and assets of $28K (revenue -0.6% year-over-year).
- 2011: Revenue of $194K, expenses of $206K, and assets of $34K.
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.