Is New Hampshire Alpine Racing Association Inc Legit?

Quick charity verification for New Hampshire Alpine Racing Association Inc (EIN: 20375066)

Verdict: New Hampshire Alpine Racing Association Inc appears trustworthy

92/100Mission Score
$162KRevenue
$380KAssets
0Red Flags
5Strengths

No red flags identified.

Strengths

Spending Breakdown

How New Hampshire Alpine Racing Association Inc allocates its funds across programs, administration, and fundraising.

90%
Program Spending
Healthy — majority goes to mission
7%
Admin Costs
Reasonable — admin costs in check
3%
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 New Hampshire Alpine Racing Association Inc

Is New Hampshire Alpine Racing Association Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, New Hampshire Alpine Racing Association Inc (EIN: 20375066) appears trustworthy. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.

Is New Hampshire Alpine Racing Association Inc a good charity to donate to?

New Hampshire Alpine Racing Association Inc has a Mission Score of 92/100. Revenue: $162K. Assets: $380K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for New Hampshire Alpine Racing Association Inc?

The Employer Identification Number (EIN) for New Hampshire Alpine Racing Association Inc is 20375066. 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 New Hampshire Alpine Racing Association Inc spend its money?

New Hampshire Alpine Racing Association Inc allocates 90% to programs, 7% to administration, and 3% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify New Hampshire Alpine Racing Association Inc's tax-exempt status?

You can verify New Hampshire Alpine Racing Association Inc's tax-exempt status using EIN 20375066 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 New Hampshire Alpine Racing Association Inc (NHARA) demonstrates consistent financial health and strong program focus based on its IRS 990 filings. Over the past decade, the organization has shown steady growth in both revenue and assets, with revenue increasing from $97,380 in 2011 to $140,243 in 2023, and assets growing from $62,627 to $291,963 in the same period. This indicates effective financial management and an ability to build reserves. The organization consistently reports zero liabilities, which is a significant strength, suggesting a debt-free operation and sound fiscal practices. NHARA's spending efficiency appears high, as evidenced by its consistent positive net income (revenue exceeding expenses) across all reported periods. For example, in 2023, revenue was $140,243 against expenses of $112,715, resulting in a surplus. The absence of reported officer compensation across all filings suggests that leadership is likely volunteer-based, which can contribute to lower administrative costs and a higher proportion of funds directed towards programs. This structure inherently promotes transparency regarding compensation, as there is none to disclose. Overall, NHARA exhibits characteristics of a well-managed and financially stable nonprofit. Its consistent growth, lack of debt, and apparent volunteer leadership contribute to a positive assessment of its financial health and operational efficiency. The organization's focus on its mission, supported by prudent financial management, positions it as a reliable steward of its resources.

View Full Transparency Report →

Disclaimer

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

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