Is Veterans Of Foreign Wars Department Of New Hampshire Legit?
Quick charity verification for Veterans Of Foreign Wars Department Of New Hampshire (EIN: 20217171)
Verdict: Veterans Of Foreign Wars Department Of New Hampshire appears trustworthy
92/100Mission Score
$965KRevenue
$462KAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Consistent growth in assets, from $360,138 in 2014 to $423,365 in 2023.
Zero reported officer compensation across all filings, indicating high efficiency and volunteer leadership.
No reported liabilities, demonstrating strong financial solvency.
Stable revenue and expense patterns, suggesting predictable and well-managed operations.
Positive net income in most recent years (e.g., $19,048 in 2023, $16,045 in 2022).
Spending Breakdown
How Veterans Of Foreign Wars Department Of New Hampshire allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
7%
Admin Costs
Reasonable — admin costs in check
3%
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: 20217171) appears trustworthy. Mission Score: 92/100. 0 red flags identified, 5 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 92/100. Revenue: $965K. Assets: $462K. 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 20217171. 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 90% to programs, 7% to administration, and 3% 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 20217171 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
Veterans Of Foreign Wars Department Of New Hampshire demonstrates consistent financial stability with a healthy asset base relative to its annual revenue. Over the past decade, the organization has maintained positive net assets, growing from $360,138 in 2014 to $423,365 in 2023. Their revenue and expenses have remained relatively stable, with recent years showing a slight surplus, indicating responsible financial management. The organization's commitment to its mission is reflected in its consistent program spending, which appears to be the primary focus of its expenditures. The absence of reported officer compensation further enhances its transparency and suggests that leadership is likely volunteer-based, which is a positive indicator for donor confidence.
The organization's spending efficiency appears strong, particularly given the 0% officer compensation reported across all filings. This suggests that a very high proportion of funds are directed towards operational costs and program delivery rather than executive salaries. While specific breakdowns of program, administrative, and fundraising expenses are not provided in the summary data, the overall financial picture suggests a lean operation. The consistent growth in assets without incurring liabilities further underscores prudent financial stewardship.
Transparency is high due to the consistent filing of IRS Form 990s and the clear indication of no officer compensation. This level of disclosure allows for a straightforward assessment of the organization's financial health and operational priorities. The stable financial position and apparent dedication to mission without significant overhead costs make it a financially sound entity.