The Nashua Community Chamber Orchestra
Nashua Community Chamber Orchestra consistently operates with minimal overhead and no executive compensation.
EIN: 20400623 · Nashua, NH · NTEE: A69Z · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $39K |
| Total Expenses | $40K |
| Program Spending | 95% |
| Net Assets | $59K |
| Transparency Score | 92/100 |
Is The Nashua Community Chamber Orchestra Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
The Nashua Community Chamber Orchestra directs 95% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About The Nashua Community Chamber Orchestra
The Nashua Community Chamber Orchestra (EIN: 20400623) is a nonprofit organization based in Nashua, NH, classified under NTEE code A69Z. The organization reported total revenue of $39K and total assets of $58K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Nashua Community Chamber Orchestra's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The Nashua Community Chamber Orchestra is a micro nonprofit that has been operating for 36 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 0.6%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $41K |
| Total Expenses | $40K |
| Surplus / Deficit | +$672 |
| Total Assets | $59K |
| Total Liabilities | $100 |
| Net Assets | $59K |
| Operating Margin | 1.6% |
| Debt-to-Asset Ratio | 0.2% |
| Months of Reserves | 17.5 months |
Financial Health Grade: A
In 2024, The Nashua Community Chamber Orchestra reported a surplus of $672 with revenue exceeding expenses, holds 17.5 months of operating reserves (strong position), has a debt-to-asset ratio of 0.2% (very low leverage).
Financial Trends
Over 14 years of filings (2011–2024), The Nashua Community Chamber Orchestra's revenue has grown at a compound annual growth rate (CAGR) of 0.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -1.6% | -2.6% | +1.3% |
| 2023 | +34.5% | +44.6% | +0.3% |
| 2022 | +144.6% | +93.3% | +4.4% |
| 2021 | -70.8% | -54.2% | -3.8% |
| 2020 | -6.6% | -24.4% | +10.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1990 |
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 The Nashua Community Chamber Orchestra 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: 5%
- programs: 95%
- fundraising: 0%
According to IRS 990 filings, The Nashua Community Chamber Orchestra allocates its expenses as follows: admin: 5%, programs: 95%, fundraising: 0%. With 95% 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 $672, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.2%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that the organization's leadership is entirely volunteer-based, which is highly commendable for a nonprofit of this size.
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 The Nashua Community Chamber Orchestra:
- Consistent 0% officer compensation, indicating volunteer leadership.
- Expenses consistently track revenue, demonstrating efficient use of funds (e.g., 2024 revenue $41,056 vs. expenses $40,384).
- Very low and often negligible liabilities across all filing periods, indicating strong financial health.
- Steady growth in assets over the past decade, from $33,212 in 2015 to $58,844 in 2024.
- High program spending ratio due to minimal administrative and fundraising costs.
Frequently Asked Questions about The Nashua Community Chamber Orchestra
Is The Nashua Community Chamber Orchestra a legitimate charity?
Based on AI analysis of IRS 990 filings, The Nashua Community Chamber Orchestra (EIN: 20400623) appears legitimate. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
How does The Nashua Community Chamber Orchestra spend its money?
The Nashua Community Chamber Orchestra directs 95% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to The Nashua Community Chamber Orchestra tax-deductible?
The Nashua Community Chamber Orchestra is registered as a tax-exempt nonprofit (EIN: 20400623). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does The Nashua Community Chamber Orchestra compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), The Nashua Community Chamber Orchestra is above average for NTEE category A69Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is The Nashua Community Chamber Orchestra located?
The Nashua Community Chamber Orchestra is headquartered in Nashua, New Hampshire and files with the IRS under EIN 20400623. It is classified under NTEE code A69Z.
How many years of IRS 990 filings does The Nashua Community Chamber Orchestra have?
The Nashua Community Chamber Orchestra has 14 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 $39K in total revenue.
Is The Nashua Community Chamber Orchestra a good charity?
Based on its financial filings, The Nashua Community Chamber Orchestra appears to be a very good charity. It consistently directs nearly all its revenue to its mission, maintains low liabilities, and has no paid officers, indicating strong financial stewardship and a high program focus.
How does the organization manage its expenses relative to its revenue?
The organization consistently manages its expenses very closely to its revenue. For example, in 2024, revenue was $41,056 and expenses were $40,384, showing that funds are utilized efficiently to support operations without significant surpluses or deficits year-to-year.
What is the trend in the organization's assets?
The organization's assets have shown a positive and steady growth trend, increasing from $33,212 in 2015 to $58,844 in 2024, indicating a healthy accumulation of reserves and financial stability.
Filing History
IRS 990 filing history for The Nashua Community Chamber Orchestra showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), The Nashua Community Chamber Orchestra's revenue has grown by 7.6%, moving from $38K to $41K. Total assets increased by 154% over the same period, from $23K to $59K. Total functional expenses rose by 42.7%, from $28K to $40K. In its most recent filing year (2024), The Nashua Community Chamber Orchestra reported a surplus of $672, with revenue exceeding expenses. The organization holds $100 in liabilities against $59K in assets (debt-to-asset ratio: 0.2%), resulting in net assets of $59K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $41K | $40K | $59K | $100 | — | — |
| 2023 | $42K | $41K | $58K | $31 | — | View 990 |
| 2022 | $31K | $29K | $58K | $115 | — | — |
| 2021 | $13K | $15K | $55K | $0 | — | — |
| 2020 | $43K | $32K | $58K | $15 | — | View 990 |
| 2019 | $46K | $43K | $52K | $5K | — | View 990 |
| 2018 | $37K | $37K | $44K | $1K | — | View 990 |
| 2017 | $48K | $41K | $46K | $3K | — | View 990 |
| 2016 | $36K | $33K | $36K | $212 | — | View 990 |
| 2015 | $41K | $36K | $33K | $64 | — | View 990 |
| 2014 | $44K | $34K | $28K | $121 | — | View 990 |
| 2013 | $32K | $34K | $19K | $1K | — | View 990 |
| 2012 | $30K | $34K | $20K | $370 | — | View 990 |
| 2011 | $38K | $28K | $23K | $64 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $41K, expenses of $40K, and assets of $59K (revenue -1.6% year-over-year).
- 2023: Revenue of $42K, expenses of $41K, and assets of $58K (revenue +34.5% year-over-year).
- 2022: Revenue of $31K, expenses of $29K, and assets of $58K (revenue +144.6% year-over-year).
- 2021: Revenue of $13K, expenses of $15K, and assets of $55K (revenue -70.8% year-over-year).
- 2020: Revenue of $43K, expenses of $32K, and assets of $58K (revenue -6.6% year-over-year).
- 2019: Revenue of $46K, expenses of $43K, and assets of $52K (revenue +25.4% year-over-year).
- 2018: Revenue of $37K, expenses of $37K, and assets of $44K (revenue -22.2% year-over-year).
- 2017: Revenue of $48K, expenses of $41K, and assets of $46K (revenue +30.6% year-over-year).
- 2016: Revenue of $36K, expenses of $33K, and assets of $36K (revenue -10.3% year-over-year).
- 2015: Revenue of $41K, expenses of $36K, and assets of $33K (revenue -7.8% year-over-year).
- 2014: Revenue of $44K, expenses of $34K, and assets of $28K (revenue +36.0% year-over-year).
- 2013: Revenue of $32K, expenses of $34K, and assets of $19K (revenue +6.5% year-over-year).
- 2012: Revenue of $30K, expenses of $34K, and assets of $20K (revenue -20.3% year-over-year).
- 2011: Revenue of $38K, expenses of $28K, and assets of $23K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The Nashua Community Chamber Orchestra:
Data Sources and Methodology
This transparency report for The Nashua Community Chamber Orchestra 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.