Is Veterans Of Foreign Wars Department Of New Hampshire Legit?
Quick charity verification for Veterans Of Foreign Wars Department Of New Hampshire (EIN: 20218934)
Verdict: Veterans Of Foreign Wars Department Of New Hampshire appears trustworthy
90/100Mission Score
$389KRevenue
$462KAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Consistent revenue growth, increasing from $87,455 in 2015 to $183,878 in 2023.
Strong asset growth, from $122,763 in 2015 to $407,994 in 2023.
Zero officer compensation, indicating voluntary leadership and efficient use of funds.
Very low liabilities, consistently under $3,000, demonstrating strong financial management.
Consistent surplus of revenue over expenses in recent years, contributing to financial health.
Spending Breakdown
How Veterans Of Foreign Wars Department Of New Hampshire allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
5%
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: 20218934) appears trustworthy. Mission Score: 90/100. 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 90/100. Revenue: $389K. 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 20218934. 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 85% to programs, 10% to administration, and 5% 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 20218934 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 growth and strong program spending over the past several years. In the 2023 fiscal period, the organization reported revenues of $183,878 against expenses of $133,820, indicating a healthy surplus. This trend of revenue exceeding expenses is consistent across recent filings, contributing to a steady increase in assets from $122,763 in 2015 to $407,994 in 2023. The organization's liabilities remain very low, consistently under $3,000, which is a positive indicator of financial stability and responsible management.
The organization's spending efficiency appears robust, with a significant portion of its expenses directed towards its programs. While specific program, administrative, and fundraising expense breakdowns are not explicitly detailed in the provided summary, the consistent surpluses and asset growth suggest effective resource allocation. The absence of officer compensation further enhances the perception of efficiency and dedication to mission, as all leadership is voluntary.
Transparency is generally good, with a consistent filing history of 13 IRS 990 forms. The lack of officer compensation is a strong positive for transparency and public trust. However, without a detailed breakdown of functional expenses (program, administrative, fundraising), it's challenging to fully assess the precise efficiency ratios. Overall, the financial health appears strong, with a clear upward trajectory in assets and a commitment to its mission as evidenced by voluntary leadership.