Is League Of New Hampshire Craftsmen Inc Legit?

Quick charity verification for League Of New Hampshire Craftsmen Inc (EIN: 20234385)

Verdict: League Of New Hampshire Craftsmen Inc appears trustworthy

85/100Mission Score
$2.0MRevenue
$3.2MAssets
1Red Flags
5Strengths

Red Flags

Strengths

AI Transparency Report

The League Of New Hampshire Craftsmen Inc demonstrates consistent financial stability with a healthy asset base relative to its annual expenses. Over the past decade, the organization has generally maintained revenues that cover or slightly exceed its expenses, as seen in the 202303 period where revenue was $1,394,617 against expenses of $1,312,479. Its assets have shown steady growth, increasing from $2,819,008 in 201403 to $3,123,200 in 202303, indicating sound financial management and accumulation of resources. The organization's liabilities have remained manageable, typically representing a small fraction of its total assets. While specific program, administrative, and fundraising expense breakdowns are not provided in the summary data, the consistent operational surpluses in most years suggest efficient use of funds. The absence of reported officer compensation across all filings is a notable aspect of its financial transparency, indicating that top leadership may be volunteer-based or compensated through other means not categorized as officer compensation, which can be a positive sign for donor confidence. However, without a detailed functional expense statement, a precise assessment of spending efficiency across different categories is limited. Overall, the League Of New Hampshire Craftsmen Inc appears to be a financially stable organization with a growing asset base and a history of managing its expenses effectively. Its consistent filing of IRS Form 990s over a long period also points to a commitment to regulatory compliance and transparency, providing a good foundation for public trust.

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Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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