Is New Hampshire Innovation And Creativity Connection Legit?
Quick charity verification for New Hampshire Innovation And Creativity Connection (EIN: 20394884)
Verdict: New Hampshire Innovation And Creativity Connection appears trustworthy
85/100Mission Score
$137KRevenue
$158KAssets
2Red Flags
4Strengths
Red Flags
NTEE Code is unknown, limiting industry-specific comparisons and understanding of mission focus.
Detailed expense breakdown (program, admin, fundraising) is not provided in the summary data, hindering a precise efficiency analysis.
Strengths
Consistent zero officer compensation across all filings, indicating high dedication to mission and efficient use of funds.
Healthy growth in revenue and assets in recent years (2021-2023), demonstrating financial stability and increasing capacity.
Minimal to zero liabilities reported in most recent filings, indicating strong financial management and solvency.
Operating with a surplus in the latest filing (2023 revenue $144,840 vs. expenses $116,897), contributing to asset growth.
Spending Breakdown
How New Hampshire Innovation And Creativity Connection allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
5%
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 Innovation And Creativity Connection
Is New Hampshire Innovation And Creativity Connection a legitimate charity?
Based on AI analysis of IRS 990 filings, New Hampshire Innovation And Creativity Connection (EIN: 20394884) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
Is New Hampshire Innovation And Creativity Connection a good charity to donate to?
New Hampshire Innovation And Creativity Connection has a Mission Score of 85/100. Revenue: $137K. Assets: $158K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for New Hampshire Innovation And Creativity Connection?
The Employer Identification Number (EIN) for New Hampshire Innovation And Creativity Connection is 20394884. 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 Innovation And Creativity Connection spend its money?
New Hampshire Innovation And Creativity Connection allocates 90% to programs, 5% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify New Hampshire Innovation And Creativity Connection's tax-exempt status?
You can verify New Hampshire Innovation And Creativity Connection's tax-exempt status using EIN 20394884 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
New Hampshire Innovation And Creativity Connection (NHICC) demonstrates a generally stable financial position with consistent revenue growth in recent years, particularly from 2021 to 2023. The organization's assets have also shown a healthy upward trend, reaching $149,508 in 2023, with minimal liabilities, indicating strong financial solvency. Their commitment to program spending is commendable, as evidenced by the absence of officer compensation, suggesting that resources are primarily directed towards their mission. However, without a detailed breakdown of expenses beyond total expenses, it's challenging to fully assess spending efficiency across programs, administration, and fundraising.
The organization's revenue has fluctuated over its history, with a notable dip in 2021 ($49,709) before a strong recovery. The latest filing shows revenue of $144,840 against expenses of $116,897, resulting in a surplus, which is a positive indicator of financial health. The consistent reporting of zero officer compensation across all available filings is a significant strength in terms of transparency and dedication to mission-focused spending.
While the overall financial health appears sound, the lack of NTEE code and detailed expense categories in the provided data limits a deeper analysis of operational efficiency and specific program impact. Further transparency in expense allocation would enhance the assessment of how effectively donor funds are being utilized across different operational areas.