Quick charity verification for New Hampshire Farm Bureau Federation (EIN: 20240282)
Verdict: New Hampshire Farm Bureau Federation appears trustworthy
85/100Mission Score
$880KRevenue
$1.7MAssets
1Red Flags
3Strengths
Red Flags
Expenses exceeded revenue in recent years (e.g., 2023: Expenses=$385,919, Revenue=$333,562; 2022: Expenses=$416,901, Revenue=$368,122), which could be unsustainable long-term without drawing down reserves or increasing revenue.
Strengths
Consistent reporting of 0% officer compensation across all filings, indicating strong resource allocation efficiency.
Maintains a robust asset base, with assets consistently over $1.4 million in recent years, providing financial stability.
Long history of IRS 990 filings (13 filings), demonstrating a commitment to financial transparency.
Spending Breakdown
How New Hampshire Farm Bureau Federation allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
5%
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 Farm Bureau Federation
Is New Hampshire Farm Bureau Federation a legitimate charity?
Based on AI analysis of IRS 990 filings, New Hampshire Farm Bureau Federation (EIN: 20240282) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 3 strengths noted.
Is New Hampshire Farm Bureau Federation a good charity to donate to?
New Hampshire Farm Bureau Federation has a Mission Score of 85/100. Revenue: $880K. Assets: $1.7M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for New Hampshire Farm Bureau Federation?
The Employer Identification Number (EIN) for New Hampshire Farm Bureau Federation is 20240282. 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 Farm Bureau Federation spend its money?
New Hampshire Farm Bureau Federation allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify New Hampshire Farm Bureau Federation's tax-exempt status?
You can verify New Hampshire Farm Bureau Federation's tax-exempt status using EIN 20240282 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 Farm Bureau Federation demonstrates consistent financial stability, with assets generally increasing over the past decade, reaching $1,742,251 in the latest available data. While the organization experienced a slight dip in assets in 2022 and 2023, they remain robust. The organization's revenue has fluctuated, with a notable peak of $754,913 in 2015 and a more recent high of $879,897, indicating a capacity to generate income. Expenses have remained relatively stable, often slightly exceeding revenue in recent years, such as in 2023 where expenses were $385,919 against revenue of $333,562, suggesting a period of operational spending exceeding incoming funds. However, the overall asset base indicates a healthy financial cushion.
The organization appears to maintain a lean operational structure, as evidenced by the consistent reporting of 0% officer compensation across all available filings. This suggests that executive leadership is either volunteer-based or compensated through other means not categorized as officer compensation, which can be a positive indicator of resource allocation towards mission-related activities. The consistent filing of IRS Form 990s over 13 periods demonstrates a commitment to transparency regarding its financial operations. While specific program spending details are not provided in the summary data, the absence of officer compensation is a strong positive signal regarding resource allocation.
Overall, the New Hampshire Farm Bureau Federation appears to be a financially sound organization with a good track record of transparency through its consistent 990 filings. Its ability to maintain a substantial asset base despite periods of expenses exceeding revenue, coupled with no reported officer compensation, suggests a well-managed and mission-focused entity. Further analysis of detailed expense categories would provide a more granular understanding of program efficiency.