Is Veterans Of Foreign Wars Department Of New Hampshire Legit?

Quick charity verification for Veterans Of Foreign Wars Department Of New Hampshire (EIN: 20216010)

Verdict: Veterans Of Foreign Wars Department Of New Hampshire appears trustworthy

90/100Mission Score
$2.5MRevenue
$550KAssets
0Red Flags
5Strengths

No red flags identified.

Strengths

AI Transparency Report

Veterans Of Foreign Wars Department Of New Hampshire demonstrates consistent financial activity, with revenues and expenses generally in a similar range over the past several years. For the most recent period (202312), the organization reported revenues of $169,863 against expenses of $163,709, indicating a slight surplus. The organization's assets have shown growth, increasing from $189,804 in 201912 to $480,035 in 202312, suggesting prudent financial management or successful asset accumulation. Liabilities remain relatively low, at $4,760 in 202312, which is a positive indicator of financial stability. The organization consistently reports 0% officer compensation across all available filings, which is a strong indicator of volunteer-driven leadership and efficient use of funds, as no revenue is diverted to executive salaries. This practice significantly enhances the organization's spending efficiency and transparency. While a detailed breakdown of program, administrative, and fundraising expenses isn't explicitly provided in the summary data, the absence of officer compensation suggests a high likelihood of funds being directed towards their mission. The organization's financial health appears stable, with consistent operations and growing assets.

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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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