Amoskeag Residences Inc
Overview
Mission
To provide elderly and handicapped persons in the community with housing facilities and services specifically designed to meet their physical, social and psychological needs.
What it reported doing in 2024
Rental of housing facilities and provisions of supervisory medical and support services to approximately 12 mentally ill individuals.
Operating model
- Revenue model
- Earned-program. 100% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
Nonprofit profile at a glance
- EIN
- 020366119
- IRS 990-EZ coverage
- 2012–2024
- Forms available
- Form 990 2023, Form 990-EZ 2024
- Headquarters
- Manchester, NH, USA
- Phone
- 6036684111
- Rating
- 82
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Group Homes
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and liabilities are high compared with assets.
Rating breakdown
- Financial Efficiency: 82
- Transparency & Controls: 82
- Sustainability: 54
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 81.2%; rating input score 81
- Program expense ratio: 84.3%; rating input score 84
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 3.6%; rating input score 44; 44th percentile among comparable filings
- Total-asset coverage ratio: 1.9; rating input score 79; 79th percentile among comparable filings
- Liabilities to assets ratio: 0.19; rating input score 19; 19th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: 0% per year; rating input score 100; 30th percentile among comparable filings
- Revenue growth: 0.9% per year; rating input score 100; 25th percentile among comparable filings
- Asset growth: 0.4% per year; rating input score 100; 28th percentile among comparable filings
Details
- Where the money goes: 81.2% of revenue deployed · 84.3% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $160K in reported program spending
- Leadership: top reported pay $0 · 8 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 2 filed schedules
- Filing history: 8 annual filings from 2012 to 2024
- Contacts: How to reach this organization
- Related organizations: 2 filed related-organization links
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Leadership & pay
8 people listed
Source: IRS Form 990-EZ. Selected filing: FY2024.