Is New Hampshire Congress Of Parents And Teachers Legit?

The New Hampshire Congress Of Parents And Teachers demonstrates a generally stable financial position, with recent revenues fluctuating but often exceeding expenses. For instance, in 2020, the organization reported revenues of $45,249 against expenses of $19,107, indicating a healthy surplus. However, there have been periods, such as 2017, where expenses ($13,076) significantly outstripped revenue ($7,139), suggesting some variability in financial performance. The organization consistently reports zero liabilities across all available filings, which is a strong indicator of financial stability and responsible management, as it avoids debt. Assets have fluctuated, peaking at $55,666 in 2020 and currently standing at $19,178, which is a notable decrease from its 2020 high but still positive. Spending efficiency appears to be reasonable, especially given the consistent reporting of 0% officer compensation, which suggests that resources are not being diverted to high executive salaries. Without a detailed breakdown of program, administrative, and fundraising expenses, it's challenging to precisely assess efficiency ratios. However, the consistent surpluses in recent years (e.g., 2020 and 2019) suggest that the organization is generally managing its expenses within its income. The lack of liabilities further reinforces a picture of prudent financial management. Transparency is good in terms of public filings, with nine years of IRS 990 data available. The consistent reporting of zero officer compensation is a positive transparency signal. However, the NTEE code is listed as 'Unknown,' which could slightly hinder external analysis of its specific programmatic focus and peer comparisons. Overall, the organization appears to be financially sound and transparent in its basic financial reporting.