Is Family Promise Of Southern New Hampshire…

Quick charity verification for Family Promise Of Southern New Hampshire (EIN: 20528837)

Red Flags

Operational deficits in the last two reported periods (2022 and 2023), with expenses exceeding revenue by $88,170 and $508,773 respectively.
Significant volatility in annual revenue, peaking at $3,935,395 in 2020 and dropping to $943,843 in 2023, which could indicate reliance on inconsistent funding sources.
Fluctuating liabilities, reaching $1,766,797 in 2023, which is a substantial increase from $17,269 in 2022.

Spending Breakdown

How Family Promise Of Southern New Hampshire allocates its funds across programs, administration, and fundraising.

75%

Program Spending

Healthy — majority goes to mission

15%

Admin Costs

Reasonable — admin costs in check

10%

Fundraising

Within typical range

How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.

How to Interpret This Report

What Red Flags Mean

Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.

What Mission Score Measures

The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.

Using This Data for Donation Decisions

Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.

Frequently Asked Questions about Family Promise Of Southern New Hampshire

Is Family Promise Of Southern New Hampshire a legitimate charity?

Based on AI analysis of IRS 990 filings, Family Promise Of Southern New Hampshire (EIN: 20528837) appears trustworthy. Mission Score: 80/100. 3 red flags identified, 3 strengths noted.

Is Family Promise Of Southern New Hampshire a good charity to donate to?

Family Promise Of Southern New Hampshire has a Mission Score of 80/100. Revenue: $1.1M. Assets: $5.9M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Family Promise Of Southern New Hampshire?

The Employer Identification Number (EIN) for Family Promise Of Southern New Hampshire is 20528837. This is the unique tax ID assigned by the IRS.

What is a Mission Score?

The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.

How does Family Promise Of Southern New Hampshire spend its money?

Family Promise Of Southern New Hampshire allocates 75% to programs, 15% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Family Promise Of Southern New Hampshire's tax-exempt status?

You can verify Family Promise Of Southern New Hampshire's tax-exempt status using EIN 20528837 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.

AI Transparency Report

Family Promise Of Southern New Hampshire demonstrates a mixed financial picture. While the organization has shown significant growth in assets, reaching $5,881,691 in the latest period, its recent financial performance indicates a trend of expenses exceeding revenue. In 2023, expenses were $1,452,616 against revenues of $943,843, resulting in a deficit. This follows a similar pattern in 2022 where expenses of $1,153,379 outpaced revenues of $1,065,209. The substantial increase in assets, particularly from 2019 ($491,673) to 2020 ($5,001,140), suggests a significant capital infusion or asset acquisition, which is a positive long-term indicator, but the recent operational deficits warrant close monitoring.

The organization's spending efficiency is difficult to fully assess without a detailed breakdown of program, administrative, and fundraising expenses from the provided data. However, the consistent reporting of 0% officer compensation across all available filings is a strong indicator of transparency and a commitment to directing funds towards the mission rather than executive salaries. The significant fluctuation in revenue, from a peak of $3,935,395 in 2020 to $943,843 in 2023, suggests reliance on potentially one-time grants or large donations, which could impact future financial stability if not diversified.

Overall, Family Promise Of Southern New Hampshire appears to be transparent regarding executive compensation. The rapid growth in assets is a strength, but the recent operational deficits and revenue volatility are areas that could impact long-term financial health and spending efficiency if not addressed. Further detailed expense breakdowns would be beneficial for a more precise assessment of spending efficiency.

Is Family Promise Of Southern New Hampshire Legit?

Verdict: Family Promise Of Southern New Hampshire appears trustworthy