Salem Christmas Parade Inc
Salem Christmas Parade Inc. reports no revenue or assets in its latest filing, indicating minimal financial activity.
EIN: 20466729 · Salem, NH · NTEE: N52Z · Updated: 2026-03-28
Is Salem Christmas Parade Inc Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Salem Christmas Parade Inc
Salem Christmas Parade Inc (EIN: 20466729) is a nonprofit organization based in Salem, NH, classified under NTEE code N52Z. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Salem Christmas Parade Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1995 |
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 Salem Christmas Parade Inc with a Mission Score of 40 out of 100 (Fair). 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, Salem Christmas Parade Inc allocates its expenses as follows: admin: 0%, programs: 0%, fundraising: 0%.
Executive Compensation Analysis
No executive compensation was reported, which is expected given the organization's zero revenue and assets, suggesting a volunteer-led structure without paid staff.
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 Salem Christmas Parade Inc's IRS 990 filings:
- No reported revenue or assets, making financial health and operational capacity unassessable through the 990.
Strengths
The following positive indicators were identified for Salem Christmas Parade Inc:
- No reported executive compensation, suggesting a volunteer-driven model.
Frequently Asked Questions about Salem Christmas Parade Inc
Is Salem Christmas Parade Inc a legitimate charity?
Salem Christmas Parade Inc (EIN: 20466729) is a registered tax-exempt nonprofit based in New Hampshire. Our AI analysis gives it a Mission Score of 40/100. 1 red flag identified. 1 strength noted. Financial health grade: D.
How does Salem Christmas Parade Inc spend its money?
Salem Christmas Parade Inc reported its financials in IRS 990 filings. Review the full spending breakdown on NonprofitSpending.
Are donations to Salem Christmas Parade Inc tax-deductible?
Salem Christmas Parade Inc is registered as a tax-exempt nonprofit (EIN: 20466729). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Salem Christmas Parade Inc compare to similar nonprofits?
With a transparency score of 40/100 (Fair), Salem Christmas Parade Inc is near average for NTEE category N52Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Salem Christmas Parade Inc located?
Salem Christmas Parade Inc is headquartered in Salem, New Hampshire and files with the IRS under EIN 20466729. It is classified under NTEE code N52Z.
Is Salem Christmas Parade Inc. a good charity?
Based solely on the IRS 990 data, it's difficult to assess if Salem Christmas Parade Inc. is a 'good' charity as there is no financial activity reported. Its effectiveness would depend on its non-financial contributions to the community, such as volunteer hours and event coordination, which are not captured in these filings.
How does Salem Christmas Parade Inc. fund its operations?
The latest IRS 990 filing indicates no revenue, suggesting that if the organization is active, it either operates on a very small scale with in-kind donations, or its financial activities are below the reporting threshold for detailed revenue disclosure.
Data Sources and Methodology
This transparency report for Salem Christmas Parade 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.