Quick charity verification for New Hampshire Farm Museum Inc (EIN: 20301208)
Verdict: New Hampshire Farm Museum Inc appears trustworthy
88/100Mission Score
$205KRevenue
$1.5MAssets
1Red Flags
4Strengths
Red Flags
Unusually low or 0% reported officer compensation, which may obscure actual leadership costs if compensated through other means.
Strengths
Consistent asset growth, increasing from $1,193,780 in 2017 to $1,627,218 in 2023.
Low liabilities, with $13,427 in 2023, indicating strong financial health.
Positive net income in recent years (e.g., 2023 revenue of $255,371 exceeding expenses of $237,943).
No reported officer compensation across all filings, suggesting a high proportion of funds directed to programs or volunteer leadership.
Spending Breakdown
How New Hampshire Farm Museum Inc 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 Museum Inc
Is New Hampshire Farm Museum Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, New Hampshire Farm Museum Inc (EIN: 20301208) appears trustworthy. Mission Score: 88/100. 1 red flag identified, 4 strengths noted.
Is New Hampshire Farm Museum Inc a good charity to donate to?
New Hampshire Farm Museum Inc has a Mission Score of 88/100. Revenue: $205K. Assets: $1.5M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for New Hampshire Farm Museum Inc?
The Employer Identification Number (EIN) for New Hampshire Farm Museum Inc is 20301208. 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 Museum Inc spend its money?
New Hampshire Farm Museum Inc 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 Museum Inc's tax-exempt status?
You can verify New Hampshire Farm Museum Inc's tax-exempt status using EIN 20301208 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 Museum Inc demonstrates a generally stable financial position with consistent asset growth over the past decade, reaching $1,627,218 in 2023. The organization has shown a positive trend in revenue and expenses in recent years, with 2023 revenue at $255,371 exceeding expenses of $237,943, indicating sound operational management. Their liabilities remain low, at $13,427 in 2023, suggesting good financial control and minimal debt burden.
Spending efficiency appears strong, particularly given the reported 0% officer compensation across all available filings, which suggests a volunteer-driven leadership or very modest compensation not reported as officer pay. This contributes to a higher proportion of funds likely being directed towards program services. The consistent growth in assets, even during periods of fluctuating revenue, indicates effective stewardship of resources.
In terms of transparency, the consistent filing of IRS Form 990s over 13 periods is a positive indicator. The absence of reported officer compensation is a significant transparency point, implying that the organization's leadership is either unpaid or compensated through other means not categorized as officer compensation, which warrants further investigation for a complete picture of executive costs. Overall, the financial data suggests a well-managed and program-focused organization.