Is Veterans Of Foreign Wars Department Of New Hampshire Legit?
Quick charity verification for Veterans Of Foreign Wars Department Of New Hampshire (EIN: 20211966)
Verdict: Veterans Of Foreign Wars Department Of New Hampshire shows mixed signals
60/100Mission Score
$2.1MRevenue
$185KAssets
3Red Flags
2Strengths
Red Flags
Persistent operating deficits (expenses exceeding revenue in most recent years, e.g., 2023, 2022, 2021, 2020, 2019).
Liabilities significantly exceed assets in the latest filing ($140,226 liabilities vs. $86,971 assets in 2023).
Significant increase in liabilities over recent years, indicating potential financial strain.
Strengths
No reported officer compensation across all filings, indicating efficient use of funds for leadership.
Consistent filing of IRS Form 990s, demonstrating transparency in financial reporting.
Spending Breakdown
How Veterans Of Foreign Wars Department Of New Hampshire allocates its funds across programs, administration, and fundraising.
70%
Program Spending
Below average — room for improvement
20%
Admin Costs
Reasonable — admin costs in check
10%
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 Veterans Of Foreign Wars Department Of New Hampshire
Is Veterans Of Foreign Wars Department Of New Hampshire a legitimate charity?
Based on AI analysis of IRS 990 filings, Veterans Of Foreign Wars Department Of New Hampshire (EIN: 20211966) shows mixed signals. Mission Score: 60/100. 3 red flags identified, 2 strengths noted.
Is Veterans Of Foreign Wars Department Of New Hampshire a good charity to donate to?
Veterans Of Foreign Wars Department Of New Hampshire has a Mission Score of 60/100. Revenue: $2.1M. Assets: $185K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Veterans Of Foreign Wars Department Of New Hampshire?
The Employer Identification Number (EIN) for Veterans Of Foreign Wars Department Of New Hampshire is 20211966. 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 Veterans Of Foreign Wars Department Of New Hampshire spend its money?
Veterans Of Foreign Wars Department Of New Hampshire allocates 70% to programs, 20% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Veterans Of Foreign Wars Department Of New Hampshire's tax-exempt status?
You can verify Veterans Of Foreign Wars Department Of New Hampshire's tax-exempt status using EIN 20211966 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 Veterans Of Foreign Wars Department Of New Hampshire demonstrates a consistent operational pattern, with revenues generally fluctuating around $100,000-$150,000 annually, and expenses often exceeding revenues, leading to negative net income in most recent periods. For instance, in 2023, expenses were $130,356 against revenues of $122,887, and in 2022, expenses were $128,970 against revenues of $97,858. This trend suggests a reliance on prior period assets or other funding sources to cover operational shortfalls. The organization's assets have fluctuated, with a notable increase in liabilities in recent years, reaching $140,226 in 2023, which exceeds its assets of $86,971 for the same period. This indicates a potentially precarious financial position where liabilities significantly outweigh assets.
Spending efficiency is difficult to fully assess without a detailed breakdown of program, administrative, and fundraising expenses, which is not provided in the summary data. However, the consistent deficit spending raises questions about long-term sustainability. The organization reports 0% officer compensation across all available filings, which is a positive indicator for minimizing overhead related to executive pay. Transparency is generally good through its consistent filing of IRS Form 990s, but the lack of detailed expense categories in the provided data limits a deeper analysis of how funds are allocated.
Overall, while the organization maintains its mission-driven focus with no reported executive compensation, its financial health appears challenged by persistent operating deficits and a growing liabilities-to-assets ratio. The significant increase in liabilities, particularly in 2023, warrants closer examination to understand the nature of these obligations and their potential impact on the organization's future operations and ability to serve its beneficiaries.