AI Transparency Report
The Order Of The Eastern Star Of New Hampshire Grand Chapter demonstrates consistent financial stability with a strong asset base, currently at $937,472. Over the past decade, the organization has generally maintained positive net assets, indicating sound financial management. While the latest revenue figure of $1,001,192 appears significantly higher than previous years' operational revenues, this figure likely includes non-operating income or a one-time event, as the most recent filing (202309) shows operational revenue of $52,750 against expenses of $115,218, resulting in a deficit for that period. However, this deficit is not uncommon for organizations with substantial endowments or investment income that may not be fully reflected in annual operating revenue figures. The organization consistently reports zero liabilities, which is a significant strength, indicating a debt-free operation.
The spending efficiency is difficult to fully assess without a detailed breakdown of program, administrative, and fundraising expenses from the provided data. However, the consistent reporting of 0% officer compensation across all filings suggests a volunteer-driven leadership, which can contribute to lower administrative overhead. The organization's financial health appears robust due to its substantial assets and lack of liabilities. Transparency is good given the consistent filing of IRS Form 990s, providing public access to their financial data.
Overall, the organization appears to be financially sound, largely due to its asset base and prudent management of liabilities. While the operational revenue in the latest period was less than expenses, the long-term trend and asset position suggest resilience. A more detailed breakdown of expenses would further clarify spending efficiency, but the absence of officer compensation is a positive indicator of cost control.