Sandwich Home Industries
Sandwich Home Industries maintains strong asset growth and low liabilities with zero officer compensation.
EIN: 20224597 · Ctr Sandwich, NH · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $236K |
| Total Expenses | $17K |
| Program Spending | 90% |
| Net Assets | $385K |
| Transparency Score | 90/100 |
Is Sandwich Home Industries Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Sandwich Home Industries directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Sandwich Home Industries
Sandwich Home Industries (EIN: 20224597) is a nonprofit organization based in Ctr Sandwich, NH. The organization reported total revenue of $236K and total assets of $399K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Sandwich Home Industries's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Sandwich Home Industries is a small nonprofit that has been operating for 88 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 20.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $8K |
| Total Expenses | $17K |
| Surplus / Deficit | $-9,108 |
| Total Assets | $387K |
| Total Liabilities | $2K |
| Net Assets | $385K |
| Operating Margin | -119.7% |
| Debt-to-Asset Ratio | 0.4% |
| Months of Reserves | 277.8 months |
Financial Health Grade: B
In 2023, Sandwich Home Industries reported a deficit of $9K with expenses exceeding revenue, holds 277.8 months of operating reserves (strong position), has a debt-to-asset ratio of 0.4% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Sandwich Home Industries's revenue has grown at a compound annual growth rate (CAGR) of 20.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -62.5% | +5.6% | +6.7% |
| 2022 | -69.0% | +16.4% | -11.3% |
| 2021 | +105.4% | -32.9% | +25.5% |
| 2020 | +43.0% | -22.9% | +14.2% |
| 2019 | -52.2% | -13.4% | +9.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1938 |
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 Home Industries with a Mission Score of 90 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: 90%
- fundraising: 0%
According to IRS 990 filings, Sandwich Home Industries allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% 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 deficit of $9K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.4%.
Executive Compensation Analysis
Executive compensation is 0% across all reported periods, indicating that the organization's leadership is either entirely volunteer-based or compensated through non-officer roles, which is highly favorable for donor confidence.
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 Sandwich Home Industries:
- Consistent asset growth, from $230,128 in 2015 to $386,987 in 2023.
- Very low liabilities, typically under $2,000 in recent years, indicating strong financial health.
- 0% officer compensation across all reported periods, demonstrating efficient use of funds.
- Expenses consistently lower than revenue in most periods, indicating sound financial management.
- Significant revenue generation in certain years (e.g., $65,354 in 2021) relative to its operational size.
Frequently Asked Questions about Sandwich Home Industries
Is Sandwich Home Industries a legitimate charity?
Based on AI analysis of IRS 990 filings, Sandwich Home Industries (EIN: 20224597) appears legitimate. Mission Score: 90/100. 0 red flags identified, 5 strengths noted.
How does Sandwich Home Industries spend its money?
Sandwich Home Industries directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Sandwich Home Industries tax-deductible?
Sandwich Home Industries is registered as a tax-exempt nonprofit (EIN: 20224597). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Sandwich Home Industries located?
Sandwich Home Industries is headquartered in Ctr Sandwich, New Hampshire and files with the IRS under EIN 20224597.
How many years of IRS 990 filings does Sandwich Home Industries have?
Sandwich Home Industries 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 $236K in total revenue.
Is Sandwich Home Industries a good charity?
Based on the provided financial data, Sandwich Home Industries appears to be a well-managed organization. It consistently maintains low expenses, has growing assets, and reports 0% officer compensation, all of which are positive indicators for a charity.
How has Sandwich Home Industries' financial health changed over time?
The organization has shown consistent asset growth, from $230,128 in 2015 to $386,987 in 2023. While revenue has fluctuated, expenses have generally remained low, contributing to its financial stability and growth.
What is the organization's approach to executive compensation?
Sandwich Home Industries reports 0% officer compensation across all available filings, suggesting a strong commitment to directing funds towards its mission rather than executive salaries.
Filing History
IRS 990 filing history for Sandwich Home Industries showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Sandwich Home Industries's revenue has grown by 830.1%, moving from $818 to $8K. Total assets increased by 72.7% over the same period, from $224K to $387K. Total functional expenses rose by 78.3%, from $9K to $17K. In its most recent filing year (2023), Sandwich Home Industries reported a deficit of $9K, with expenses exceeding revenue. The organization holds $2K in liabilities against $387K in assets (debt-to-asset ratio: 0.4%), resulting in net assets of $385K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $8K | $17K | $387K | $2K | — | View 990 |
| 2022 | $20K | $16K | $363K | $2K | — | View 990 |
| 2021 | $65K | $14K | $409K | $2K | — | View 990 |
| 2020 | $32K | $20K | $326K | $14K | — | — |
| 2019 | $22K | $26K | $285K | $4K | — | View 990 |
| 2018 | $47K | $30K | $262K | $2K | — | View 990 |
| 2017 | $6K | $9K | $253K | $2K | — | View 990 |
| 2016 | $15K | $10K | $242K | $5K | — | View 990 |
| 2015 | $-8,737 | $10K | $230K | $12K | — | View 990 |
| 2014 | $1K | $11K | $240K | $981 | — | View 990 |
| 2013 | $-3,298 | $9K | $246K | $6K | — | View 990 |
| 2012 | $16K | $11K | $237K | $1K | — | View 990 |
| 2011 | $818 | $9K | $224K | $2K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $8K, expenses of $17K, and assets of $387K (revenue -62.5% year-over-year).
- 2022: Revenue of $20K, expenses of $16K, and assets of $363K (revenue -69.0% year-over-year).
- 2021: Revenue of $65K, expenses of $14K, and assets of $409K (revenue +105.4% year-over-year).
- 2020: Revenue of $32K, expenses of $20K, and assets of $326K (revenue +43.0% year-over-year).
- 2019: Revenue of $22K, expenses of $26K, and assets of $285K (revenue -52.2% year-over-year).
- 2018: Revenue of $47K, expenses of $30K, and assets of $262K (revenue +631.4% year-over-year).
- 2017: Revenue of $6K, expenses of $9K, and assets of $253K (revenue -56.8% year-over-year).
- 2016: Revenue of $15K, expenses of $10K, and assets of $242K.
- 2015: Revenue of $-8,737, expenses of $10K, and assets of $230K (revenue -748.6% year-over-year).
- 2014: Revenue of $1K, expenses of $11K, and assets of $240K.
- 2013: Revenue of $-3,298, expenses of $9K, and assets of $246K (revenue -120.1% year-over-year).
- 2012: Revenue of $16K, expenses of $11K, and assets of $237K (revenue +1902.2% year-over-year).
- 2011: Revenue of $818, expenses of $9K, and assets of $224K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Sandwich Home Industries:
Data Sources and Methodology
This transparency report for Sandwich Home Industries 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.