Greater Monadnock Collaborative FY2023 filing

Claim it free, then get the verified mark Claim this org →
EIN 02-0214564 Business league / trade association Keene, NH
Form 990 (PDF)

Is this your organization? Claim it free

Revenue & expenses by yearFY2020–FY2024
Revenue
$546K
FY2023▼ -15%
Expenses
$806K
FY2023▲ +66%

Form 990 for the fiscal year ending September 2023 (IRS tax year 2022).


Promotes regional activity and provides information to advance local economic and civic interests. For fiscal year 2023 it reported $546K in revenue, $806K in expenses, and $200K in net assets.Pt I

Founded
1959
Type
Business league / trade association · Nonprofit
Location
Keene, NH
Website
greatermonadnock.com
Filings
5 on file (2020–2023)
Revenue
$546KFY2023
Expenses
$806K
Net assets
$200K
People
25
Is this your organization?
Claim this profile to manage it and share your story.
Claim
You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2024) →
Compare with another nonprofit →
Provided by the organization

This section is blank until Greater Monadnock Collaborative claims this page.

Know this organization? Claim it to add your story

Size
$100K–1M
What they do
Promotes regional activity and provides information to advance local economic and civic interests.
Leadership
Luca Paris · President/CEO · $81K
Money in and out
$546K revenue, $806K expenses
Bottom line
-48% operating surplus

What Funders Ask

6 questions, answered from this org's own filings

Will my donation be tax-deductible?

WARNING

No — not deductible

IRS records this as a A business league, chamber of commerce, or trade association. Contributions are generally not tax-deductible.; contributions are not deductible as charitable gifts. See detail →

Can I donate to this org right now?

GOOD

No revocation on IRS record

This EIN does not appear on the IRS auto-revocation list. See detail →

Is this organization up to date?

GOOD

Filed FY2024 (typical filing lag)

Most recent Form 990 on file is for fiscal year 2024 (2 years ago). See detail →

Is it receiving grants from reputable foundations?

GOOD

1 funder — Greater Keene Chamber of Commerce Foundation

1 distinct foundation funder(s) on file, $197K received in the most recent year with grants. See detail →

How is the money spent?

GOOD

73% to programs

73% of total functional expenses went to program services in the most recent filing (Form 990 Part IX); the rest is overhead and fundraising. See detail →

What's its financial size and trend?

NEUTRAL

$100K–1M · ↓ -15% vs prior year

Revenue band $100K–1M, -15% versus the prior filing year (down). See detail →

Membership & operating revenue · FY2023
Total revenue
$546K
Pt VIII · Ln 12
Total expenses
$806K
Pt IX · Ln 25
Net assets
$200K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$261K
Where spending went · Part IX cols B–D
Program services $0.73 Management & general $0.27
Operating surplus
-48%
revenue over expenses
Earned revenue
77%
of revenue from program services & dues
Payroll share
38%
of spending is salaries & benefits

Similar organizations you could support

Closest in mission — by what they do
See all organizations like Greater Monadnock Collaborative →

Run this organization? Claim this page

Summary of the Filing

Part I · fiscal year 2023 · Form 990
Total assets
$364K
FY2023▼ -42%
Total liabilities
$164K
FY2023▼ -1%
Revenue less expensesPt I · Ln 19−$261K
Total assetsPt X · Ln 16$364K
Program-expense ratioPt IX · col B73%
Voting members of governing bodyPt I · Ln 324
Independent voting membersPt I · Ln 424

Identity & Classification

Form 990 Header · IRS Business Master File
Legal name (IRS)Hdr · item CGreater Monadnock Collaborative
EINHdr · item D02-0214564
Principal addressHdr · item CKeene, NH
WebsiteHdr · item Jgreatermonadnock.com
Year of formationHdr · item L1959
State of legal domicileHdr · item MNH
Exempt statusHdr · item I501(c)(6) · active
NTEE classificationIRS BMFNonprofit
Ruling yearIRS BMFJan 1959

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a24
Independent voting membersPt VI · Ln 1b24
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2022); the FY2023 filing did not itemize Part VII
President/CEO
$81,046Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Incoming Chair
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Compensation history total reportable pay by year · 2 named individuals · Part VII

NameFY2024FY2024FY2023FY2022FY2021FY2020
Luca Paris$88,000$84,715$81,046$26,154——
Philip Suter————$83,567$81,800

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Greater Monadnock Collaborative executive salaries →

Are you one of these people? Claim this org to confirm your role

Mission & Programs · Part III

Where the work happens

3 program services account for $536K of program spending, described in the organization's own filed words · FY2022.
01

Maintained an OFFICE/VISITOR center in peterborough and a storefront office and visitor center in keene, organized multiple events to promote local organizations and businesses while bringing commerce to the monadnock region. Developed ways to communicate our member's messages with podcasts and live networking.

$451Kprogram expense
02

Collaborated with other entities to execute festivals in the region, developed media to connect the businesses to the community, created a marketing program to attract people to visit, live work and learn in the monadnock region, developed multiple platforms for sharing the information with the community and outside the region.

$78Kprogram expense
03

Provided leadership training to area workforce with workshops and forums to educate the workforce to assist in retention and recruiting for area businesses.

$8Kprogram expense

Run this program? Claim this org to tell your story

Statement of Revenue

Part VIII
Program service revenue$418K · 77%
Contributions & grants$84K · 15%
Other revenue$43K · 8%
Program service revenue77%$418K
Contributions & grants15%$84K
Other revenue8%$43K
Investment income$322
Total revenueLn 12$546K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.73 Management & general $0.27
Program services73%$589K
Management & general27%$217K
Total functional expensesLn 25$806K

Balance Sheet

Part X · end of year
CashLn 1$237K
Total assetsLn 16$364K
Total liabilitiesLn 26$164K
Total net assetsLn 32$200K
Months of cash on handcomputed3.5

Financial Metrics

Form 990 · FY2023 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $237K · Operating expenses (Pt IX) $806K · Less non-cash grants $2K · Cash operating expenses/yr $804K
3.5 months
Where the money goes
Program services
Program services $589K · Total expenses $806K
73%
Management & General
Management & general $217K · Total expenses $806K
27%
Fundraising
Fundraising $0 · Total expenses $806K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $306K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $84K · Total revenue $546K
15%
Government reliance
Government grants — · Total revenue $546K
—
Earned-income share
Program service revenue $418K · Total revenue $546K
77%
Investment reliance
Investment income $322 · Total revenue $546K
+0.06%
Program self-sufficiency
Program service revenue $418K · Total expenses $806K
52%
Growth & trend
Revenue growth (YoY)
This year $546K · Prior year $639K
-15%
Net-asset trend (YoY)
End of year $200K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $546K · Expenses $806K
-48%
Liabilities-to-Assets
Total liabilities — · Total assets $364K
—
Net-asset ratio
Net assets $200K · Total assets $364K
55%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $364K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Luca Paris · Reported title PRESIDENT/CEO · Highest reported compensation $81K · Total expenses $806K
10%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $310K · Total expenses $806K
38%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 73%——
Overhead ratio 27%——
Fundraising cost ratio 0%——
Revenue growth -15%——
Accounting fee ratio 1%——

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 1 funder$197K

Compare

Search another nonprofit to view revenue, expenses, assets, key metrics, and leaders side by side

Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024$603K revenue · ⤓ 990 PDF
FY2023$546K revenue · viewing · ⤓ 990 PDF
FY2022$639K revenue · ⤓ 990 PDF
FY2021$819K revenue · ⤓ 990 PDF
FY2020$324K revenue · ⤓ 990 PDF

Want to add your own materials alongside these filings? Claim this org

Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2023IRS
Classification, formation year, addressIRS Business Master File
Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the peer-cohort and compensation comparisons above.