Shallow River Properties Inc Washington St
Shallow River Properties Inc maintains strong financial health with consistent revenue, growing assets, and no reported officer compensation.
EIN: 20426312 · Conway, NH · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.2M |
| Total Expenses | $779K |
| Program Spending | 85% |
| CEO/Top Officer Pay | $1.2 |
| Net Assets | $7.4M |
| Transparency Score | 90/100 |
Is Shallow River Properties Inc Washington St Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Shallow River Properties Inc Washington St directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Shallow River Properties Inc Washington St
Shallow River Properties Inc Washington St (EIN: 20426312) is a nonprofit organization based in Conway, NH. The organization reported total revenue of $1.2M and total assets of $7.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Shallow River Properties Inc Washington St's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Shallow River Properties Inc Washington St is a mid-size nonprofit, with 13 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of 0.1%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.2M |
| Total Expenses | $779K |
| Surplus / Deficit | +$470K |
| Total Assets | $7.4M |
| Total Liabilities | $49K |
| Net Assets | $7.4M |
| Operating Margin | 37.6% |
| Debt-to-Asset Ratio | 0.7% |
| Months of Reserves | 114.2 months |
Financial Health Grade: A
In 2024, Shallow River Properties Inc Washington St reported a surplus of $470K with revenue exceeding expenses, holds 114.2 months of operating reserves (strong position), has a debt-to-asset ratio of 0.7% (very low leverage).
Financial Trends
Over 13 years of filings (2012–2024), Shallow River Properties Inc Washington St's revenue has grown at a compound annual growth rate (CAGR) of 0.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +4.0% | -12.8% | +8.8% |
| 2023 | +2.5% | -10.3% | +7.6% |
| 2022 | -19.9% | +13.9% | -3.7% |
| 2021 | +31.3% | -7.8% | +9.8% |
| 2020 | -4.0% | -0.7% | +4.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
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 Shallow River Properties Inc Washington St 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: 85%
- fundraising: 5%
According to IRS 990 filings, Shallow River Properties Inc Washington St 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $470K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.7%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating either a volunteer leadership structure or compensation levels below IRS reporting thresholds, which is highly favorable for a nonprofit of its size with over $1.2 million in annual revenue.
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 Shallow River Properties Inc Washington St:
- Consistent revenue generation exceeding $1 million annually.
- Steady and significant growth in assets, from $5.2M in 2015 to $7.4M in 2024.
- Consistently low liabilities relative to assets and revenue.
- No reported officer compensation across all 13 filings, indicating strong financial stewardship or volunteer leadership.
- Consistent financial surpluses in most recent years (e.g., $1.2M revenue vs. $779K expenses in 2024).
Frequently Asked Questions about Shallow River Properties Inc Washington St
Is Shallow River Properties Inc Washington St a legitimate charity?
Shallow River Properties Inc Washington St (EIN: 20426312) is a registered tax-exempt nonprofit based in New Hampshire. Our AI analysis gives it a Mission Score of 90/100. It has 13 years of IRS 990 filings on record. Total revenue: $1.2M. No red flags identified. 5 strengths noted. Financial health grade: A.
How does Shallow River Properties Inc Washington St spend its money?
Shallow River Properties Inc Washington St directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Shallow River Properties Inc Washington St tax-deductible?
Shallow River Properties Inc Washington St is registered as a tax-exempt nonprofit (EIN: 20426312). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Shallow River Properties Inc Washington St CEO make?
Shallow River Properties Inc Washington St's highest-compensated officer earns $1.2 annually. The organization reported $1.2M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Shallow River Properties Inc Washington St's spending goes to programs?
Shallow River Properties Inc Washington St directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Shallow River Properties Inc Washington St located?
Shallow River Properties Inc Washington St is headquartered in Conway, New Hampshire and files with the IRS under EIN 20426312.
How many years of IRS 990 filings does Shallow River Properties Inc Washington St have?
Shallow River Properties Inc Washington St 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 $1.2M in total revenue.
Is Shallow River Properties Inc financially stable?
Yes, Shallow River Properties Inc appears financially stable. It consistently generates over $1 million in revenue, has steadily growing assets (reaching $7,415,294 in 2024), and maintains low liabilities ($49,153 in 2024).
How has the organization's asset base changed over time?
The organization's assets have shown consistent growth, increasing from $5,236,451 in 2015 to $7,415,294 in 2024, indicating strong financial management and accumulation of resources.
Does Shallow River Properties Inc pay its officers?
Based on the provided IRS 990 data, Shallow River Properties Inc consistently reports 0% officer compensation across all 13 filings, suggesting no reportable executive salaries.
Filing History
IRS 990 filing history for Shallow River Properties Inc Washington St showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2024), Shallow River Properties Inc Washington St's revenue has grown by 1.6%, moving from $1.2M to $1.2M. Total assets increased by 21.6% over the same period, from $6.1M to $7.4M. Total functional expenses fell by 36.6%, from $1.2M to $779K. In its most recent filing year (2024), Shallow River Properties Inc Washington St reported a surplus of $470K, with revenue exceeding expenses. The organization holds $49K in liabilities against $7.4M in assets (debt-to-asset ratio: 0.7%), resulting in net assets of $7.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $1.2M | $779K | $7.4M | $49K | — | View 990 |
| 2023 | $1.2M | $894K | $6.8M | $113K | — | View 990 |
| 2022 | $1.2M | $997K | $6.3M | $37K | — | View 990 |
| 2021 | $1.5M | $875K | $6.6M | $32K | — | — |
| 2020 | $1.1M | $948K | $6.0M | $49K | — | View 990 |
| 2019 | $1.2M | $955K | $5.7M | $28K | — | View 990 |
| 2018 | $1.1M | $874K | $5.5M | $30K | — | View 990 |
| 2017 | $1.1M | $1.1M | $5.4M | $232K | — | View 990 |
| 2016 | $1.1M | $1.0M | $5.4M | $215K | — | View 990 |
| 2015 | $1.0M | $1.0M | $5.2M | $58K | — | View 990 |
| 2014 | $1.2M | $1.3M | $5.5M | $366K | — | View 990 |
| 2013 | $1.1M | $1.1M | $5.4M | $250K | — | View 990 |
| 2012 | $1.2M | $1.2M | $6.1M | $921K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $1.2M, expenses of $779K, and assets of $7.4M (revenue +4.0% year-over-year).
- 2023: Revenue of $1.2M, expenses of $894K, and assets of $6.8M (revenue +2.5% year-over-year).
- 2022: Revenue of $1.2M, expenses of $997K, and assets of $6.3M (revenue -19.9% year-over-year).
- 2021: Revenue of $1.5M, expenses of $875K, and assets of $6.6M (revenue +31.3% year-over-year).
- 2020: Revenue of $1.1M, expenses of $948K, and assets of $6.0M (revenue -4.0% year-over-year).
- 2019: Revenue of $1.2M, expenses of $955K, and assets of $5.7M (revenue +5.6% year-over-year).
- 2018: Revenue of $1.1M, expenses of $874K, and assets of $5.5M (revenue +0.9% year-over-year).
- 2017: Revenue of $1.1M, expenses of $1.1M, and assets of $5.4M (revenue +3.2% year-over-year).
- 2016: Revenue of $1.1M, expenses of $1.0M, and assets of $5.4M (revenue +1.0% year-over-year).
- 2015: Revenue of $1.0M, expenses of $1.0M, and assets of $5.2M (revenue -13.5% year-over-year).
- 2014: Revenue of $1.2M, expenses of $1.3M, and assets of $5.5M (revenue +14.3% year-over-year).
- 2013: Revenue of $1.1M, expenses of $1.1M, and assets of $5.4M (revenue -14.0% year-over-year).
- 2012: Revenue of $1.2M, expenses of $1.2M, and assets of $6.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Shallow River Properties Inc Washington St:
Data Sources and Methodology
This transparency report for Shallow River Properties Inc Washington St 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.