No red flags identified.
AI Transparency Report
The New Hampshire Professionals Healthprogram demonstrates a strong and consistent financial trajectory, with revenue growing from $213,018 in 2015 to $840,342 in 2024. This significant growth indicates increasing support and demand for its services. The organization consistently maintains a healthy financial position, with assets growing substantially from $67,962 in 2015 to $574,420 in 2024, outpacing liabilities which have remained very low or zero for most periods. This suggests sound financial management and a build-up of reserves.
Spending efficiency appears robust, as evidenced by the consistent positive net income in recent years (e.g., $238,879 in 2023 and $14,871 in 2024). The absence of reported officer compensation across all filings is a notable indicator of efficiency and potentially a volunteer-driven leadership model, which can free up more funds for program delivery. While specific program spending percentages aren't detailed in the provided data, the overall financial health and growth suggest effective resource allocation.
Transparency is high given the consistent filing of IRS Form 990s over 11 periods and the clear reporting of zero officer compensation. The consistent growth in assets and revenue, coupled with minimal liabilities, paints a picture of a well-managed and financially stable organization. The lack of significant liabilities further enhances its financial transparency and reduces potential risks.