Granite State Progress

Overview

Mission

Granite state progress is a multi-issue progressive advocacy organization and works as a communications hub for the progressive community to provide a strong, credible voice in advancing progressive solutions

What it reported doing in 2019

Communications hub & rapid response-see statement

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
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
264489456
IRS 990-EZ coverage
2015–2019
Forms available
Form 990-EZ 2019
Headquarters
Concord, NH, USA
Phone
6032252471
Rating
88
Verdict
STRONG
Rating confidence
Moderate

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 total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 100
  • Transparency & Controls: 82
  • Sustainability: 8
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 99.7%; rating input score 100

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: -66.1%; rating input score 11; 11th percentile among comparable filings
  • Total-asset coverage ratio: 0.05; rating input score 7; 7th percentile among comparable filings
  • Liabilities to assets ratio: 3.7; rating input score 2; 2nd percentile among comparable filings
  • Officer compensation ratio: 42%; rating input score 4; 4th percentile among comparable filings

Growth

  • Program expense growth: 24.3% per year; rating input score 100; 88th percentile among comparable filings
  • Revenue growth: 15.5% per year; rating input score 100; 90th percentile among comparable filings
  • Asset growth: 8.5% per year; rating input score 100; 68th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 99.7% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 3 filed program accomplishments · $100K in reported program spending
  • Leadership: top reported pay $0 · 6 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 1 filed schedules
  • Filing history: 5 annual filings from 2015 to 2019
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • Related organizations: Filed and resolved organization relationships.
  • 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

6 people listed

Source: IRS Form 990-EZ. Selected filing: FY2019.