Is North Hampton Palpeople Active In Learning Inc Legit?

Quick charity verification for North Hampton Palpeople Active In Learning Inc (EIN: 20355431)

Verdict: North Hampton Palpeople Active In Learning Inc appears trustworthy

92/100Mission Score
$37KRevenue
$19KAssets
0Red Flags
5Strengths

No red flags identified.

Strengths

AI Transparency Report

North Hampton Palpeople Active In Learning Inc demonstrates consistent financial stability, operating with a positive net income in most recent years. For example, in the 202407 period, the organization reported revenue of $32,265 against expenses of $28,122, resulting in a surplus. This trend of managing expenses below revenue is a positive indicator of financial health, especially given its relatively small scale. The organization also maintains a healthy asset base relative to its liabilities, with $19,186 in assets and $0 in liabilities in the latest filing, indicating strong solvency. The organization's spending efficiency appears to be strong, particularly given the consistent reporting of 0% officer compensation across all available filings. This suggests that resources are primarily directed towards its mission rather than executive salaries. While a detailed breakdown of program, administrative, and fundraising expenses isn't explicitly provided in the summary data, the absence of officer compensation is a significant positive for efficiency. The consistent filing of IRS Form 990s over 14 periods also points to a commitment to transparency, allowing public scrutiny of its financial operations. Overall, North Hampton Palpeople Active In Learning Inc appears to be a financially sound and transparent small nonprofit. Its ability to consistently generate surpluses and maintain zero liabilities, coupled with no reported officer compensation, suggests a well-managed organization focused on its programmatic goals. The growth in revenue from $5,885 in 202107 to $32,265 in 202407 also indicates increasing support and operational capacity.

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Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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