Sandwich Fair Assn Inc
Sandwich Fair Assn Inc consistently grows assets with zero reported officer compensation.
EIN: 20239009 · Ctr Sandwich, NH · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.1M |
| Total Expenses | $558K |
| Program Spending | 85% |
| Net Assets | $2.6M |
| Transparency Score | 88/100 |
Is Sandwich Fair Assn Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Sandwich Fair Assn Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Sandwich Fair Assn Inc
Sandwich Fair Assn Inc (EIN: 20239009) is a nonprofit organization based in Ctr Sandwich, NH. The organization reported total revenue of $1.1M and total assets of $2.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Sandwich Fair Assn Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Sandwich Fair Assn Inc is a mid-size nonprofit that has been operating for 63 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 1.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $646K |
| Total Expenses | $558K |
| Surplus / Deficit | +$88K |
| Total Assets | $2.6M |
| Total Liabilities | $21K |
| Net Assets | $2.6M |
| Operating Margin | 13.6% |
| Debt-to-Asset Ratio | 0.8% |
| Months of Reserves | 56.2 months |
Financial Health Grade: A
In 2023, Sandwich Fair Assn Inc reported a surplus of $88K with revenue exceeding expenses, holds 56.2 months of operating reserves (strong position), has a debt-to-asset ratio of 0.8% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Sandwich Fair Assn Inc's revenue has grown at a compound annual growth rate (CAGR) of 1.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +0.5% | +5.1% | +10.5% |
| 2022 | +1.7% | +15.8% | -2.7% |
| 2021 | +639.2% | +166.8% | +14.4% |
| 2020 | -87.0% | -62.0% | +0.8% |
| 2019 | +23.1% | +5.2% | +17.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1963 |
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 Sandwich Fair Assn Inc with a Mission Score of 88 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, Sandwich Fair Assn Inc 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 $88K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.8%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that the organization's leadership is likely volunteer-based or compensated through non-officer categories, which is highly favorable for directing resources to the 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.
Red Flags
The following concerns were identified during AI analysis of Sandwich Fair Assn Inc's IRS 990 filings:
- NTEE Code is unknown, which limits understanding of its specific charitable sector.
- Lack of detailed functional expense breakdown in provided data makes it difficult to precisely evaluate program efficiency.
Strengths
The following positive indicators were identified for Sandwich Fair Assn Inc:
- Consistent asset growth, from $1.6M in 2014 to $2.6M in 2023, indicating strong financial management.
- Zero reported officer compensation across all filings, suggesting high efficiency in leadership costs.
- Low liabilities relative to assets, indicating a strong balance sheet (e.g., $20,778 liabilities vs. $2,612,390 assets in 2023).
- Resilience in recovering from the significant revenue drop in 2020.
- Revenues consistently exceeding expenses in most years, contributing to financial stability.
Frequently Asked Questions about Sandwich Fair Assn Inc
Is Sandwich Fair Assn Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Sandwich Fair Assn Inc (EIN: 20239009) some concerns. Mission Score: 88/100. 2 red flags identified, 5 strengths noted.
How does Sandwich Fair Assn Inc spend its money?
Sandwich Fair Assn Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Sandwich Fair Assn Inc tax-deductible?
Sandwich Fair Assn Inc is registered as a tax-exempt nonprofit (EIN: 20239009). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Sandwich Fair Assn Inc's spending goes to programs?
Sandwich Fair Assn Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Sandwich Fair Assn Inc located?
Sandwich Fair Assn Inc is headquartered in Ctr Sandwich, New Hampshire and files with the IRS under EIN 20239009.
How many years of IRS 990 filings does Sandwich Fair Assn Inc have?
Sandwich Fair Assn Inc has 13 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 $1.1M in total revenue.
Is Sandwich Fair Assn Inc a good charity?
Based on the available data, Sandwich Fair Assn Inc appears to be a well-managed organization with strong financial health, consistent asset growth, and a notable commitment to minimizing officer compensation (0% reported). Its ability to recover from the 2020 revenue dip demonstrates resilience. However, without detailed program spending breakdowns, a full assessment of its charitable impact is limited.
How has the organization's financial health changed over time?
The organization has shown consistent financial growth, with assets increasing from $1,601,799 in 2014 to $2,612,390 in 2023. Revenues have generally exceeded expenses, except for 2020, indicating stable and improving financial health.
What was the impact of the 2020 pandemic on the organization?
The 2020 pandemic significantly impacted the organization's revenue, which dropped from $657,857 in 2019 to $85,499. Expenses also decreased but not as sharply, resulting in a net loss for that year. However, the organization demonstrated strong recovery, with revenues returning to over $600,000 by 2021.
Filing History
IRS 990 filing history for Sandwich Fair Assn Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Sandwich Fair Assn Inc's revenue has grown by 25.8%, moving from $514K to $646K. Total assets increased by 111.8% over the same period, from $1.2M to $2.6M. Total functional expenses rose by 35.8%, from $411K to $558K. In its most recent filing year (2023), Sandwich Fair Assn Inc reported a surplus of $88K, with revenue exceeding expenses. The organization holds $21K in liabilities against $2.6M in assets (debt-to-asset ratio: 0.8%), resulting in net assets of $2.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $646K | $558K | $2.6M | $21K | — | — |
| 2022 | $643K | $531K | $2.4M | $19K | — | View 990 |
| 2021 | $632K | $459K | $2.4M | $21K | — | View 990 |
| 2020 | $85K | $172K | $2.1M | $22K | — | View 990 |
| 2019 | $658K | $452K | $2.1M | $19K | — | View 990 |
| 2018 | $534K | $429K | $1.8M | $19K | — | View 990 |
| 2017 | $470K | $444K | $1.7M | $14K | — | View 990 |
| 2016 | $493K | $462K | $1.7M | $37K | — | View 990 |
| 2015 | $549K | $443K | $1.7M | $43K | — | View 990 |
| 2014 | $566K | $420K | $1.6M | $48K | — | View 990 |
| 2013 | $550K | $437K | $1.5M | $64K | — | View 990 |
| 2012 | $446K | $408K | $1.3M | $534 | — | View 990 |
| 2011 | $514K | $411K | $1.2M | $309 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $646K, expenses of $558K, and assets of $2.6M (revenue +0.5% year-over-year).
- 2022: Revenue of $643K, expenses of $531K, and assets of $2.4M (revenue +1.7% year-over-year).
- 2021: Revenue of $632K, expenses of $459K, and assets of $2.4M (revenue +639.2% year-over-year).
- 2020: Revenue of $85K, expenses of $172K, and assets of $2.1M (revenue -87.0% year-over-year).
- 2019: Revenue of $658K, expenses of $452K, and assets of $2.1M (revenue +23.1% year-over-year).
- 2018: Revenue of $534K, expenses of $429K, and assets of $1.8M (revenue +13.6% year-over-year).
- 2017: Revenue of $470K, expenses of $444K, and assets of $1.7M (revenue -4.6% year-over-year).
- 2016: Revenue of $493K, expenses of $462K, and assets of $1.7M (revenue -10.2% year-over-year).
- 2015: Revenue of $549K, expenses of $443K, and assets of $1.7M (revenue -3.0% year-over-year).
- 2014: Revenue of $566K, expenses of $420K, and assets of $1.6M (revenue +3.0% year-over-year).
- 2013: Revenue of $550K, expenses of $437K, and assets of $1.5M (revenue +23.4% year-over-year).
- 2012: Revenue of $446K, expenses of $408K, and assets of $1.3M (revenue -13.2% year-over-year).
- 2011: Revenue of $514K, expenses of $411K, and assets of $1.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Sandwich Fair Assn Inc:
Data Sources and Methodology
This transparency report for Sandwich Fair Assn 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.