Quick charity verification for New Hampshire Soap Box Derby Inc (EIN: 20374130)
Verdict: New Hampshire Soap Box Derby Inc appears trustworthy
90/100Mission Score
$61KRevenue
$52KAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Zero officer compensation, indicating a volunteer-led model and high efficiency.
Consistent reporting of zero liabilities, demonstrating strong financial health and no debt.
Stable revenue and expense patterns over a decade, showing consistent operational capacity.
Gradual increase in assets from $9,878 in 2016 to $15,801 in 2023, building reserves.
Consistent IRS 990 filing history, indicating good transparency and compliance.
Spending Breakdown
How New Hampshire Soap Box Derby 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 Soap Box Derby Inc
Is New Hampshire Soap Box Derby Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, New Hampshire Soap Box Derby Inc (EIN: 20374130) appears trustworthy. Mission Score: 90/100. 0 red flags identified, 5 strengths noted.
Is New Hampshire Soap Box Derby Inc a good charity to donate to?
New Hampshire Soap Box Derby Inc has a Mission Score of 90/100. Revenue: $61K. Assets: $52K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for New Hampshire Soap Box Derby Inc?
The Employer Identification Number (EIN) for New Hampshire Soap Box Derby Inc is 20374130. 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 Soap Box Derby Inc spend its money?
New Hampshire Soap Box Derby 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 Soap Box Derby Inc's tax-exempt status?
You can verify New Hampshire Soap Box Derby Inc's tax-exempt status using EIN 20374130 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 Soap Box Derby Inc. appears to be a small, volunteer-run organization with consistent, albeit modest, financial activity. Their revenue and expenses have remained relatively stable over the past decade, typically ranging between $12,000 and $19,000 annually. The organization consistently reports zero liabilities and zero officer compensation, indicating a strong financial position with no debt and a volunteer leadership structure. This suggests a high degree of financial prudence and a focus on direct program delivery without significant overhead.
The organization's assets have shown a gradual increase over time, from $9,878 in 2016 to $15,801 in 2023, demonstrating a capacity to build reserves. While specific program spending details are not provided in the summary data, the absence of officer compensation strongly implies that the vast majority of expenses are directed towards their mission. Their consistent filing history further indicates good transparency and adherence to IRS requirements for nonprofits.