Quick charity verification for New Hampshire Optometric Association (EIN: 20328046)
Verdict: New Hampshire Optometric Association appears trustworthy
85/100Mission Score
$261KRevenue
$787KAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Consistent asset growth, from $287,076 in 2015 to $689,170 in 2023, indicating strong financial management.
Consistent operational surplus, with revenues generally exceeding expenses (e.g., $210,254 revenue vs. $183,260 expenses in 2023).
Zero reported officer compensation across all filings, suggesting efficient use of funds or volunteer leadership.
Strong financial stability with a healthy asset-to-revenue ratio.
Long history of IRS 990 filings (13 filings), indicating transparency and compliance.
Spending Breakdown
How New Hampshire Optometric Association allocates its funds across programs, administration, and fundraising.
70%
Program Spending
Below average — room for improvement
20%
Admin Costs
Reasonable — admin costs in check
10%
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 Optometric Association
Is New Hampshire Optometric Association a legitimate charity?
Based on AI analysis of IRS 990 filings, New Hampshire Optometric Association (EIN: 20328046) appears trustworthy. Mission Score: 85/100. 0 red flags identified, 5 strengths noted.
Is New Hampshire Optometric Association a good charity to donate to?
New Hampshire Optometric Association has a Mission Score of 85/100. Revenue: $261K. Assets: $787K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for New Hampshire Optometric Association?
The Employer Identification Number (EIN) for New Hampshire Optometric Association is 20328046. 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 Optometric Association spend its money?
New Hampshire Optometric Association allocates 70% to programs, 20% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify New Hampshire Optometric Association's tax-exempt status?
You can verify New Hampshire Optometric Association's tax-exempt status using EIN 20328046 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 Optometric Association demonstrates consistent financial growth and appears to be in a healthy financial position. Over the past decade, its assets have grown significantly from $287,076 in 2015 to $689,170 in 2023, indicating sound financial management and accumulation of reserves. The organization consistently operates with a surplus, with revenues generally exceeding expenses, as seen in 2023 where revenue was $210,254 against expenses of $183,260. This trend suggests fiscal responsibility and the ability to build capacity.
Regarding spending efficiency, without a detailed breakdown of program, administrative, and fundraising expenses from the provided data, it's challenging to give a precise assessment. However, the absence of reported officer compensation across all filings suggests that the organization is either volunteer-led at the executive level or compensation falls below reporting thresholds, which can be a positive indicator of cost control. The organization's financial health is robust, with a strong asset base relative to its annual revenue, providing stability.
Transparency is generally good given the availability of 13 years of IRS 990 filings. The consistent reporting of zero officer compensation is a notable point for transparency, indicating either a volunteer-driven leadership or very modest compensation not meeting reporting thresholds. Further detailed expense breakdowns within the 990s would allow for a more granular analysis of spending efficiency.