GRANITE STATE DAIRY PROMOTION

EIN: 026013969

PENACOOK, NH

Total Revenue
$200,492
Total Expenses
$108,222
Total Assets
$528,018
Net Assets
$527,955
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1958
Legal Domicile
NH
Principal Officer
SHERRI MORRILL
Phone
6035455493
Tax Period
2025-01-01 to 2025-12-31

GRANITE STATE DAIRY PROMOTION, founded in 1958, is a small nonprofit that reported $200K in total revenue in fiscal year 2025. The organization ran a surplus of $92K, a strong 46% operating margin.

Mission

THE MISSION OF GRANITE STATE DAIRY PROMOTION (GSDP) IS TO INCREASE THE SALE AND USE OF MILK AND OTHER DAIRY PRODUCTS THROUGH PROMOTIONAL ACTIVITIES, NUTRITION EDUCATION, AND TO ENHANCE THE IMAGE OF THE DAIRY INDUSTRY IN NEW HAMPSHIRE. IN UNDERTAKING THIS MISSION, GSDP PURPOSELY BUILDS ON NATIONAL AND REGIONAL DAIRY INDUSTRY RESEARCH AND PROMOTION EFFECTS. NUTRITIONAL EDUCATION SUPPORT, ESPECIALLY FOR INCREASED USAGE BY THE FOOD SERVICE MARKET, IS PROVIDED THROUGH THE NEW ENGLAND DAIRY COUNCIL. NEW ENGLAND DAIRY PROMOTION (NEDPB) MILK AND DAIRY PRODUCTS. ADVERTISEMENT AND RETAILER EDUCATION SUPPORTS SALES IN KEY MARKETS FOR NEW HAMPSHIRE MILK. RESEARCH AND DEVELOPMENT, THE PURVIEW OF DAIRY MANAGEMENTS INC. (DMI), LEADS TO NEW PRODUCTS, NEW MARKETS, AND ADVERTISING INITIATIVES. THE MILK PROCESSORS ASSOCIATION INCREASES CONSUMER AWARENESS OF MILK IN ITS NATIONAL ADVERTISING CAMPAIGN. GSDP GAINS ADDED BENEFIT FOR THE NEW HAMPSHIRE DAIRY INDUSTRY FROM THESE NATIONAL AND REGIONAL PROGRAMS BY

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $160,473
Program Service Revenue $0
Investment Income $40,019
Other Revenue $0
TOTAL REVENUE $200,492

Expense Breakdown

Grants Paid $0
Salaries & Benefits $37,016
Fundraising Expenses $0
Program Expenses $97,057
Other Expenses $71,206
TOTAL EXPENSES $108,222

Year-over-Year Comparison

2025 2024 Change
Revenue $200,492 $199,107 +0.0%
Expenses $108,222 $175,899 -0.4%
Net Income $92,270 $23,208 +3.0%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Financial Health Indicators

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Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
7
Independent Members
7
Employees
2
Volunteers
N/A

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$0
Total Directors
11
$31,108
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
AMY HALL EXECUTIVE DI 40.00
Director
$31,108 $0 $31,108
ALICIA ADAMS-POWELL BOARD MEMBER N/A
Director
$0 $0 $0
SARAH ALLEN BOARD MEMBER N/A
Director
$0 $0 $0
ADAM CRETE BOARD MEMBER N/A
Director
$0 $0 $0
NICOLE GLINES SECRETARY N/A
Officer Director
$0 $0 $0
LISA ILSLEY TREASURER N/A
Officer Director
$0 $0 $0
JOSH MARSHALL BOARD MEMBER N/A
Director
$0 $0 $0
SHERRI MORRILL CHAIRMAN N/A
Officer Director
$0 $0 $0
JOHN PORTER BOARD MEMBER N/A
Director
$0 $0 $0
TIM RIEL BOARD MEMBER N/A
Director
$0 $0 $0
JON WHITEHOUSE VICE CHAIRMA N/A
Officer Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $200,492 $108,222 $528,018 $92,270
2024 $199,107 $175,899 $438,095 $23,208
2023 $218,270 $241,488 $411,688 $-23,218
2022 $384,204 $271,251 $427,981 $112,953
2021 $312,910 $215,295 $314,188 $97,615
2020 $225,735 $161,441 $220,200 $64,294
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