Somersworth Community Development Corporation
Somersworth Community Development Corporation consistently maintains financial stability with volunteer leadership and growing assets.
EIN: 20483387 · Somersworth, NH · NTEE: L20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $34K |
| Total Expenses | $10K |
| Program Spending | 90% |
| Net Assets | $904K |
| Transparency Score | 92/100 |
Search Intent Cockpit
Somersworth Community Development Corporation Form 990, Revenue, CEO Pay, and IRS Filing Signals
Somersworth Community Development Corporation is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around Somersworth Community Development Corporation in one place.
Form 990 Filing Summary
13 filing years are available, with latest revenue of $37K and expenses of $10K.
Revenue and Expenses
Somersworth Community Development Corporation reported $37K in revenue and $10K in expenses, a surplus of $27K.
Executive Compensation
Officer, director, trustee, and key employee pay is reviewed from IRS 990 compensation disclosures when present.
Charity Score and Red Flags
92/100 mission score, 1 red flag, and 5 strengths are shown from structured and AI review.
Is Somersworth Community Development Corporation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
IRS 990 Data Cockpit
Where the Money Comes From and Where It Goes
Revenue Source Mix
Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.
Expense Deployment
| Program services | $9K (90%) |
Across stored filings, Somersworth Community Development Corporation shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.
Decision Cockpit
One-Stop Donor, Research, and Peer Context Hub
| Decision Lens | Signal | What to Inspect Next |
|---|---|---|
| Legitimacy | Some Concerns | Good filing record; 1 red flag identified |
| Mission spend | 90% to programs | Excellent |
| Financial durability | Grade A | 13 stored filing years |
| Peer context | Compare with Hellenic Society Paideia Of New Hampshire | New Hampshire and Category L context |
Trust Check
Review legitimacy, deductibility, red flags, and filing consistency.
Open charity check →Peer Benchmark
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All Category L
Local and Sector Spokes
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Somersworth, NH nonprofitsCategory L in New Hampshire
Human Services in New Hampshire
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Jump into spending, compensation, rankings, and filing-year evidence.
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Keep the Investigation Moving
Somersworth Community Development Corporation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Somersworth Community Development Corporation
Somersworth Community Development Corporation (EIN: 20483387) is a nonprofit organization based in Somersworth, NH, classified under NTEE code L20. The organization reported total revenue of $34K and total assets of $929K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Somersworth Community Development Corporation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Somersworth Community Development Corporation is a micro nonprofit that has been operating for 30 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 11.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $37K |
| Total Expenses | $10K |
| Surplus / Deficit | +$27K |
| Total Assets | $905K |
| Total Liabilities | $1K |
| Net Assets | $904K |
| Operating Margin | 72.7% |
| Debt-to-Asset Ratio | 0.1% |
| Months of Reserves | 1068.8 months |
Financial Health Grade: A
In 2023, Somersworth Community Development Corporation reported a surplus of $27K with revenue exceeding expenses, holds 1068.8 months of operating reserves (strong position), has a debt-to-asset ratio of 0.1% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Somersworth Community Development Corporation's revenue has grown at a compound annual growth rate (CAGR) of 11.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +20.2% | -3.5% | +3.1% |
| 2022 | +2.6% | +9.4% | +2.4% |
| 2021 | -0.9% | +8.0% | +2.5% |
| 2020 | -14.7% | -6.1% | +2.5% |
| 2019 | +8.0% | +3.1% | +2.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1996 |
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 Somersworth Community Development Corporation with a Mission Score of 92 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, Somersworth Community Development Corporation 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 surplus of $27K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.1%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that the organization's officers and key employees are likely volunteers, which significantly reduces administrative overhead.
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 Somersworth Community Development Corporation's IRS 990 filings:
- Relatively small operating budget compared to asset base, potentially limiting program scale
Strengths
The following positive indicators were identified for Somersworth Community Development Corporation:
- Consistent asset growth over a decade ($668,339 in 2014 to $905,067 in 2023)
- Very low liabilities, consistently under $10,000
- No reported officer compensation, indicating volunteer leadership and low administrative costs
- Revenue consistently exceeds expenses, demonstrating financial stability and surplus generation
- Strong program spending ratio due to minimal overhead
Frequently Asked Questions about Somersworth Community Development Corporation
Is Somersworth Community Development Corporation a legitimate charity?
Somersworth Community Development Corporation (EIN: 20483387) is a registered tax-exempt nonprofit based in New Hampshire. Our AI analysis gives it a Mission Score of 92/100. It has 13 years of IRS 990 filings on record. Total revenue: $34K. 1 red flag identified. 5 strengths noted. Financial health grade: A.
How does Somersworth Community Development Corporation spend its money?
Somersworth Community Development Corporation directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Somersworth Community Development Corporation tax-deductible?
Somersworth Community Development Corporation is registered as a tax-exempt nonprofit (EIN: 20483387). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Somersworth Community Development Corporation compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Somersworth Community Development Corporation is above average for NTEE category L20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Somersworth Community Development Corporation located?
Somersworth Community Development Corporation is headquartered in Somersworth, New Hampshire and files with the IRS under EIN 20483387. It is classified under NTEE code L20.
How many years of IRS 990 filings does Somersworth Community Development Corporation have?
Somersworth Community Development Corporation 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 $34K in total revenue.
Is Somersworth Community Development Corporation a good charity?
Yes, based on the available financial data, Somersworth Community Development Corporation appears to be a good charity. It demonstrates strong financial health with growing assets, very low liabilities, and expenses consistently well below revenue. The absence of officer compensation suggests a highly efficient, volunteer-led operation, maximizing resources for its mission.
How has the organization's asset base changed over time?
The organization's assets have shown consistent growth, increasing from $668,339 in 2014 to $905,067 in 2023, indicating sound financial management and accumulation of resources.
What is the trend in revenue versus expenses?
For most periods, revenue has significantly exceeded expenses, leading to a surplus. For example, in 2023, revenue was $37,288 while expenses were $10,162, demonstrating efficient operations and financial health.
Filing History
IRS 990 filing history for Somersworth Community Development Corporation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Somersworth Community Development Corporation's revenue has grown by 260.6%, moving from $10K to $37K. Total assets increased by 32.5% over the same period, from $683K to $905K. Total functional expenses fell by 80.6%, from $52K to $10K. In its most recent filing year (2023), Somersworth Community Development Corporation reported a surplus of $27K, with revenue exceeding expenses. The organization holds $1K in liabilities against $905K in assets (debt-to-asset ratio: 0.1%), resulting in net assets of $904K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $37K | $10K | $905K | $1K | — | — |
| 2022 | $31K | $11K | $878K | $2K | — | View 990 |
| 2021 | $30K | $10K | $857K | $1K | — | — |
| 2020 | $31K | $9K | $836K | $850 | — | View 990 |
| 2019 | $36K | $9K | $816K | $2K | — | View 990 |
| 2018 | $33K | $9K | $797K | $9K | — | View 990 |
| 2017 | $24K | $7K | $764K | $64 | — | View 990 |
| 2016 | $31K | $-31,100 | $747K | $669 | — | View 990 |
| 2015 | $25K | $13K | $689K | $5K | — | View 990 |
| 2014 | $15K | $22K | $668K | $2K | — | View 990 |
| 2013 | $17K | $13K | $672K | $0 | — | View 990 |
| 2012 | $26K | $36K | $674K | $6K | — | View 990 |
| 2011 | $10K | $52K | $683K | $6K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $37K, expenses of $10K, and assets of $905K (revenue +20.2% year-over-year).
- 2022: Revenue of $31K, expenses of $11K, and assets of $878K (revenue +2.6% year-over-year).
- 2021: Revenue of $30K, expenses of $10K, and assets of $857K (revenue -0.9% year-over-year).
- 2020: Revenue of $31K, expenses of $9K, and assets of $836K (revenue -14.7% year-over-year).
- 2019: Revenue of $36K, expenses of $9K, and assets of $816K (revenue +8.0% year-over-year).
- 2018: Revenue of $33K, expenses of $9K, and assets of $797K (revenue +36.3% year-over-year).
- 2017: Revenue of $24K, expenses of $7K, and assets of $764K (revenue -22.4% year-over-year).
- 2016: Revenue of $31K, expenses of $-31,100, and assets of $747K (revenue +26.6% year-over-year).
- 2015: Revenue of $25K, expenses of $13K, and assets of $689K (revenue +61.2% year-over-year).
- 2014: Revenue of $15K, expenses of $22K, and assets of $668K (revenue -7.6% year-over-year).
- 2013: Revenue of $17K, expenses of $13K, and assets of $672K (revenue -36.9% year-over-year).
- 2012: Revenue of $26K, expenses of $36K, and assets of $674K (revenue +154.6% year-over-year).
- 2011: Revenue of $10K, expenses of $52K, and assets of $683K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Somersworth Community Development Corporation:
Data Sources and Methodology
This transparency report for Somersworth Community Development Corporation 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.