Is Veterans Of Foreign Wars Department Of New Hampshire Legit?
Quick charity verification for Veterans Of Foreign Wars Department Of New Hampshire (EIN: 20475521)
Verdict: Veterans Of Foreign Wars Department Of New Hampshire appears trustworthy
92/100Mission Score
$84KRevenue
$65KAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Strong financial health with a surplus in the latest filing period (202312 revenue $57,765 vs. expenses $46,116).
Zero liabilities reported in the 202312 filing, indicating excellent financial stability.
No officer compensation reported, suggesting a high percentage of funds go directly to programs and low administrative overhead.
Growing assets from $27,702 in 202312 to $64,547 currently, indicating financial growth.
Efficient spending with a significant portion of expenses likely dedicated to program services.
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
10%
Admin Costs
Reasonable — admin costs in check
0%
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: 20475521) 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: $84K. Assets: $65K. 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 20475521. 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, 10% to administration, and 0% 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 20475521 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 appears to be in a stable financial position, with its latest reported revenue at $84,051 and assets at $64,547. The organization demonstrates strong financial health, as evidenced by its 202312 filing showing expenses of $46,116 against revenue of $57,765, resulting in a surplus. This indicates effective management of resources and a capacity to cover operational costs. The organization also reports zero liabilities in its 202312 filing, which is a significant positive indicator of financial stability and low financial risk.
The organization's spending efficiency is commendable, with a substantial portion of its expenses likely directed towards its programs, given the absence of reported officer compensation. This suggests a focus on mission-related activities rather than administrative overhead or executive salaries. The lack of reported officer compensation also points to a high degree of transparency regarding how funds are utilized, as it implies that leadership may be volunteer-driven or compensated through other means not captured as officer compensation, further enhancing donor confidence. Overall, the financial data suggests a well-managed and mission-focused organization.