Granite State District Export Council

Not tax-deductible

Dover, NH501(c)(6)Community DevelopmentEIN 02-0517434

The granite state district export council encourgages and supports: new hampshire exports and strengthen individual companies, stimulate new hampshire economic growth, and create jobs. Working alongside with the new hampshire u.s. Export assistance center they export promotion & expansion activites and increase new hampshires agricultural and manufactured exports in the global marketplace.

99¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Programs: Part IX

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(6)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
No
Donations are not tax-deductible
Worth a look: the IRS does not list gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 5
filings with a surplus
Average deficit $16K a year · 7% of revenue · last 5 filings
Concern: a surplus in 2 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
99%
of spending
Looks good: 99% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
3 mo
of spending, in cash
Fine: 2.8 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
17
of 17 voting members
Looks good: 17 of 17 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$255K
+29% vs prior year
Spent
$306K
To programs
99%
Net assets
$71K
By yearFY2020–FY2024
Revenue
$255K
FY2024▲ +29%
Revenue by fiscal year
FY2020$238K
FY2021$161K
FY2022$252K
FY2023$197K
FY2024$255K
Expenses
$306K
FY2024▲ +43%
Expenses by fiscal year
FY2020$176K
FY2021$241K
FY2022$248K
FY2023$214K
FY2024$306K
Net assets
$71K
FY2024▼ -42%
Net assets by fiscal year
FY2020$214K
FY2021$134K
FY2022$138K
FY2023$121K
FY2024$71K

From the FY2024 Form 990 · see the original

Give Claim

Is it real?

Yes. Exemption reinstated (2015-05-15). Per the IRS revocation list. Latest filing on record: FY2024. IRS ruling in Jul 2016.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

99 cents of each dollar spent went to programs.

Program services 99% · $303K Management & general 1% · $3K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Who runs it and what they're paid

17 people listed on the 990.

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
Vice Chair
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Executive Se
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
See Granite State District Export Council executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Helps New Hampshire businesses export goods, grow the economy, and create jobs.

Provided by the organization

This section is blank until Granite State District Export Council claims this page.

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1 program service, described in the organization's own filed words · FY2024.
01

Provide international business & trade expertise and promote inernational business and trade through counseling businesses on the exporting process, providing education opportunities for businesses in new hampshire and administering grants the direction of the state which provide funds for trade shows and other export promotion…

Pt IX · col B

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By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$255K
Ln 12
Gifts and grantsLn 1h$255K
Money outPt IX
$306K
Ln 25
Programscol B$303K
Managementcol C$3K
Owns and owesPt X
$71K
net assets · Ln 32
Cash and savingsLn 1–2$71K
Total assetsLn 16$71K
LiabilitiesLn 26$0
PeoplePt VI, VII
17
listed · VII A
PaidVII A0
Voting boardVI 1a17
IndependentVI 1b17
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$255K
Government grantsLn 1e$255K
Total revenueLn 12$255K
Assets in detailPt X, end of year
CashLn 1$71K
Cash and savings togetherLn 1–2$71K
Total assetsLn 16$71K
LiabilitiesLn 26$0
Net assetsLn 32$71K
OperationsPt I, VI
EmployeesI 50
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$121K$71K
Total assetsLn 16$121K$71K
LiabilitiesLn 26$0$0
Net assetsLn 32$121K$71K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Accounting feesLn 11c$1K$1K
Advertising and promotionLn 12$8K$8K
Office expensesLn 13$5K$5K
Conferences, conventions and meetingsLn 19$286K$286K
InsuranceLn 23$1K$1K
Other expenses (24a–d)Ln 24$4K$4K$40
All other expensesLn 24e$117$117
Total functional expensesLn 25$306K$303K$3K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $255K$306K−$51K$71K 990 PDF
FY2023 $197K$214K−$17K$121K 990 PDF
FY2022 $252K$248K$3K$138K 990 PDF
FY2021 $161K$241K−$80K$134K 990 PDF
FY2020 $238K$176K$62K$214K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2024 990 (4 parts)
Part VIII · Statement of revenue $255,053 across 3 lines filed
VIII-1e Government grants$255,053
VIII-1h Total contributions, gifts and grants$255,053
VIII-12 Total revenue$255,053
Part IX · Statement of functional expenses $305,674 across 7 lines filed
IX-11c Accounting feesManagement $1,440$1,440
IX-12 Advertising and promotionPrograms $8,272$8,272
IX-13 Office expensesPrograms $4,548$4,548
IX-19 Conferences, conventions and meetingsPrograms $285,822$285,822
IX-23 InsuranceManagement $1,471$1,471
IX-24 Other expenses (24a–d)Programs $3,964 · Management $40$4,004
IX-24e All other expensesPrograms $117$117
IX-25 Total functional expensesPrograms $302,723 · Management $2,951 · Fundraising $0$305,674
Part X · Balance sheet $70,534 assets, 6 lines filed
X-1 Cash, non-interest-bearingStart of year $121,155$70,534
X-16 Total assetsStart of year $121,155$70,534
X-26 Total liabilitiesStart of year $0$0
X-27 Net assets without donor restrictionsStart of year $121,155$70,534
X-32 Total net assets or fund balancesStart of year $121,155$70,534
X-33 Total liabilities and net assetsStart of year $121,155$70,534
Part XI · Reconciliation of net assets $70,534 net assets at year end
XI-1 Total revenue$255,053
XI-2 Total expenses$305,674
XI-3 Revenue less expenses−$50,621
XI-4 Net assets at start of year$121,155
XI-10 Net assets at end of year$70,534

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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