Consistent filing of IRS Form 990s, showing commitment to transparency and compliance.
Expenses generally well below revenue in most periods, allowing for resource accumulation.
Spending Breakdown
How Goffstown Historical Society Inc allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
0%
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 Goffstown Historical Society Inc
Is Goffstown Historical Society Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Goffstown Historical Society Inc (EIN: 20343246) appears trustworthy. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
Is Goffstown Historical Society Inc a good charity to donate to?
Goffstown Historical Society Inc has a Mission Score of 92/100. Revenue: $84K. Assets: $329K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Goffstown Historical Society Inc?
The Employer Identification Number (EIN) for Goffstown Historical Society Inc is 20343246. 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 Goffstown Historical Society Inc spend its money?
Goffstown Historical Society Inc allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Goffstown Historical Society Inc's tax-exempt status?
You can verify Goffstown Historical Society Inc's tax-exempt status using EIN 20343246 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
The Goffstown Historical Society Inc. demonstrates consistent financial stability with a healthy asset base relative to its revenue. Over the past nine years, assets have grown from $158,699 in 2016 to $332,780 in 2024, indicating sound financial management and accumulation of resources. The organization consistently reports zero liabilities, which is a strong indicator of fiscal health and low financial risk. Revenue and expenses fluctuate year-to-year, as is common for smaller historical societies, but expenses have generally remained well below revenue in most periods, allowing for asset growth. For example, in 2024, revenue was $30,535 against expenses of $25,782, and in 2020, revenue was $81,611 against expenses of $28,511.
The organization's spending efficiency appears strong, as it consistently reports 0% officer compensation, suggesting a volunteer-driven model for leadership. This significantly reduces administrative overhead, allowing a greater proportion of funds to be directed towards its mission. While specific program spending details are not provided in the summary data, the absence of paid executive staff implies a high degree of program focus. The consistent filing of IRS Form 990s over nine periods demonstrates a commitment to regulatory compliance and financial transparency, making its financial data publicly accessible.