Is New Hampshire Association Of School Psychologists Legit?

The New Hampshire Association Of School Psychologists (NHASP) demonstrates consistent financial transparency through its regular IRS 990 filings, with no reported liabilities across all periods, indicating sound financial management in that regard. However, the organization has experienced a notable decline in revenue over the past few years, dropping from $54,529 in 2016 to $18,439 in 2024. This trend, coupled with expenses exceeding revenue in several recent periods (e.g., $27,050 expenses vs. $18,439 revenue in 2024), suggests a need for strategic financial planning to ensure long-term sustainability. While specific breakdowns of program, administrative, and fundraising expenses are not detailed in the provided summary, the consistent reporting of 0% officer compensation across all filings is a positive indicator of efficient use of funds at the executive level. The organization's assets have fluctuated but remained relatively stable, currently at $60,010, which provides some buffer. The primary concern lies in the declining revenue and the recent trend of operating at a deficit, which could impact its ability to deliver on its mission effectively if not addressed. Overall, NHASP appears transparent in its reporting and manages its liabilities well. However, its financial health is challenged by a significant and sustained decrease in revenue, leading to operational deficits in recent years. This trend warrants close monitoring and strategic intervention to stabilize its financial position and ensure continued program delivery.