Copper Cannon Corporation
Nonprofit profile at a glance
- EIN
- 237062549
- IRS 990 coverage
- 2011–2024
- Forms available
- Form 990 2024
- Location
- Franconia, NH, USA
- Phone
- 6038238107
- Rating
- 73
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Camps
Reported finances
- Revenue
- $762,933
- Expenses
- $623,409
- Assets
- $4,760,876
- Liabilities
- $17,205
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
15 people listed
Executive titles in this filing
- Peter Christnacht (Executive Director)
Highest reported compensation
- Peter Christnacht (Executive Director): $82,983 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To operate a camp for new hampshires less fortunate children.
What it reported doing in 2024
Operation of a fresh air camp for new hampshires less fortunate children. Including counseling, education, moral and other appropriate guidance.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- 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.
- Includes noncash contributions: Reported contributions include donated property or goods.
The verdict
SUPPORTED - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 50
- Transparency & Controls: 92
- Accountability: 84
- Sustainability: 73
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 50.5%; rating input score 51
- Program expense ratio: 57.4%; rating input score 57
- Fundraising efficiency: $6.42 raised per $1 spent on fundraising; rating input score 24; 24th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 5 of 8 controls in place; rating input score 62
- Conflict-of-interest policy: Pass
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: Fail
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 18.3%; rating input score 74; 74th percentile among comparable filings
- Total-asset coverage ratio: 7.64; rating input score 90; 90th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 75; 75th percentile among comparable filings
- Officer compensation ratio: 13.3%; rating input score 27; 27th percentile among comparable filings
Growth
- Program expense growth: 3.2% per year; rating input score 100; 33rd percentile among comparable filings
- Revenue growth: 3.7% per year; rating input score 100; 35th percentile among comparable filings
- Asset growth: 8.3% per year; rating input score 100; 53rd percentile among comparable filings
Details
- Where the money goes: 50.5% of revenue deployed · 57.4% of spending went to programs
- Governance: 14 of 14 board members independent · 5 of 8 filing controls reported
- Programs: 1 filed program accomplishment · $358K in reported program spending
- Leadership: top reported pay $83K · 15 people listed
- Consistency: 31 of 31 current checks pass
- Schedules: 6 filed schedules · includes major donors
- Filing history: 14 filing years from 2011 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- 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.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Review — Financial Efficiency: Mission deployment rate scored 51/100.
- Review — Financial Efficiency: Program expense ratio scored 57/100.
- High — Financial Efficiency: Fundraising efficiency scored 24/100.
- Review — Accountability: Governance controls: 3 of 8 not reported.
- High — Sustainability: Officer compensation ratio scored 27/100.