Quick charity verification for New Hampshire Quarter Horse Assoc Inc (EIN: 20433037)
Verdict: New Hampshire Quarter Horse Assoc Inc appears trustworthy
85/100Mission Score
$55KRevenue
$13KAssets
0Red Flags
4Strengths
No red flags identified.
Strengths
Zero liabilities reported across all filings, indicating strong financial stability.
0% officer compensation, suggesting high efficiency and volunteer-driven leadership.
Consistent IRS 990 filing history, demonstrating good transparency.
Stable asset base relative to operational size, providing financial resilience.
Spending Breakdown
How New Hampshire Quarter Horse Assoc Inc allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
0%
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 Quarter Horse Assoc Inc
Is New Hampshire Quarter Horse Assoc Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, New Hampshire Quarter Horse Assoc Inc (EIN: 20433037) appears trustworthy. Mission Score: 85/100. 0 red flags identified, 4 strengths noted.
Is New Hampshire Quarter Horse Assoc Inc a good charity to donate to?
New Hampshire Quarter Horse Assoc Inc has a Mission Score of 85/100. Revenue: $55K. Assets: $13K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for New Hampshire Quarter Horse Assoc Inc?
The Employer Identification Number (EIN) for New Hampshire Quarter Horse Assoc Inc is 20433037. 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 Quarter Horse Assoc Inc spend its money?
New Hampshire Quarter Horse Assoc Inc allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify New Hampshire Quarter Horse Assoc Inc's tax-exempt status?
You can verify New Hampshire Quarter Horse Assoc Inc's tax-exempt status using EIN 20433037 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 Quarter Horse Assoc Inc demonstrates consistent financial activity, with revenues and expenses generally in the range of $40,000 to $60,000 over the past several years. In 2019, the organization reported revenues of $54,666 against expenses of $57,264, indicating a slight operational deficit for that period. Despite this, the organization maintains a healthy balance sheet with $13,274 in assets and no reported liabilities, suggesting good financial stability and responsible management of its resources. The absence of liabilities is a strong indicator of fiscal prudence.
The organization's spending efficiency appears to be strong, particularly given that 0% of its expenses are allocated to officer compensation across all reported periods. This suggests that the organization is likely volunteer-driven or has very low administrative overhead related to executive salaries, allowing a greater proportion of funds to be directed towards its mission. While a detailed breakdown of program, administrative, and fundraising expenses isn't provided, the lack of officer compensation is a positive sign for efficiency.
Transparency is generally good, with seven years of IRS 990 filings available, indicating regular reporting. The consistent reporting of zero liabilities and zero officer compensation across multiple years enhances confidence in their financial practices. However, without more detailed expense breakdowns, it's challenging to fully assess the exact allocation of funds to programs versus other operational costs.