Abbot Downing Historical Society Inc
Abbot Downing Historical Society Inc shows strong asset growth and zero liabilities with no officer compensation.
EIN: 20333474 · Concord, NH · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $27K |
| Total Expenses | $10K |
| Program Spending | 80% |
| CEO/Top Officer Pay | $1.2 |
| Net Assets | $1.2M |
| Transparency Score | 90/100 |
Is Abbot Downing Historical Society Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Abbot Downing Historical Society Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Abbot Downing Historical Society Inc
Abbot Downing Historical Society Inc (EIN: 20333474) is a nonprofit organization based in Concord, NH. The organization reported total revenue of $27K and total assets of $1.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Abbot Downing Historical Society Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Abbot Downing Historical Society Inc is a micro nonprofit that has been operating for 49 years, with 4 years of IRS 990 filings on record (2020–2023). Revenue has grown at a compound annual rate of -52.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $13K |
| Total Expenses | $10K |
| Surplus / Deficit | +$3K |
| Total Assets | $1.2M |
| Net Assets | $1.2M |
| Operating Margin | 25.8% |
| Months of Reserves | 1480.2 months |
Financial Health Grade: A
In 2023, Abbot Downing Historical Society Inc reported a surplus of $3K with revenue exceeding expenses, holds 1480.2 months of operating reserves (strong position).
Financial Trends
Over 4 years of filings (2020–2023), Abbot Downing Historical Society Inc's revenue has declined at a compound annual growth rate (CAGR) of -52.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -88.1% | -14.0% | +0.3% |
| 2022 | -54.6% | -41.5% | +9.0% |
| 2021 | +99.1% | +228.7% | +25.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1977 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Abbot Downing Historical Society Inc with a Mission Score of 90 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 80%
- fundraising: 10%
According to IRS 990 filings, Abbot Downing Historical Society Inc allocates its expenses as follows: admin: 10%, programs: 80%, fundraising: 10%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $3K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is reported as 0% across all filings, indicating that the organization's leadership is likely volunteer-based or compensated through other means not classified as officer compensation, which is highly favorable for a nonprofit of its size with over $1.2 million in assets.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Strengths
The following positive indicators were identified for Abbot Downing Historical Society Inc:
- Strong asset growth, increasing from $862,827 in 2020 to $1,204,207 currently.
- Zero liabilities across all reported periods, indicating excellent financial stability.
- 0% officer compensation reported, suggesting volunteer leadership and efficient use of funds.
- Expenses consistently well below revenue, leading to significant financial surpluses.
- High financial transparency regarding executive pay and debt management.
Frequently Asked Questions about Abbot Downing Historical Society Inc
Is Abbot Downing Historical Society Inc a legitimate charity?
Abbot Downing Historical Society Inc (EIN: 20333474) is a registered tax-exempt nonprofit based in New Hampshire. Our AI analysis gives it a Mission Score of 90/100. It has 4 years of IRS 990 filings on record. Total revenue: $27K. No red flags identified. 5 strengths noted. Financial health grade: A.
How does Abbot Downing Historical Society Inc spend its money?
Abbot Downing Historical Society Inc directs 80% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to Abbot Downing Historical Society Inc tax-deductible?
Abbot Downing Historical Society Inc is registered as a tax-exempt nonprofit (EIN: 20333474). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Abbot Downing Historical Society Inc CEO make?
Abbot Downing Historical Society Inc's highest-compensated officer earns $1.2 annually. The organization reported $27K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Abbot Downing Historical Society Inc's spending goes to programs?
Abbot Downing Historical Society Inc directs 80% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Abbot Downing Historical Society Inc located?
Abbot Downing Historical Society Inc is headquartered in Concord, New Hampshire and files with the IRS under EIN 20333474.
How many years of IRS 990 filings does Abbot Downing Historical Society Inc have?
Abbot Downing Historical Society Inc has 4 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $27K in total revenue.
Is Abbot Downing Historical Society Inc a good charity?
Based on the available data, Abbot Downing Historical Society Inc appears to be a very good charity. It exhibits strong financial health with growing assets ($1,204,207), zero liabilities, and no reported officer compensation, suggesting efficient use of funds and strong financial stewardship.
How does the organization manage its expenses relative to its revenue?
The organization consistently manages its expenses well below its revenue. For example, in 2021, revenue was $240,700 against expenses of $19,130, and in 2023, revenue was $12,953 against expenses of $9,613. This indicates a strong ability to generate surplus funds, which contributes to asset growth.
What is the trend in the organization's assets?
The organization's assets have shown a consistent upward trend, growing from $862,827 in 2020 to $1,204,207 in the latest period. This indicates strong financial growth and accumulation of resources.
Filing History
IRS 990 filing history for Abbot Downing Historical Society Inc showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2020–2023), Abbot Downing Historical Society Inc's revenue has declined by 89.3%, moving from $121K to $13K. Total assets increased by 37.4% over the same period, from $863K to $1.2M. Total functional expenses rose by 65.2%, from $6K to $10K. In its most recent filing year (2023), Abbot Downing Historical Society Inc reported a surplus of $3K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $13K | $10K | $1.2M | $0 | — | — |
| 2022 | $109K | $11K | $1.2M | $0 | — | — |
| 2021 | $241K | $19K | $1.1M | $0 | — | View 990 |
| 2020 | $121K | $6K | $863K | $0 | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $13K, expenses of $10K, and assets of $1.2M (revenue -88.1% year-over-year).
- 2022: Revenue of $109K, expenses of $11K, and assets of $1.2M (revenue -54.6% year-over-year).
- 2021: Revenue of $241K, expenses of $19K, and assets of $1.1M (revenue +99.1% year-over-year).
- 2020: Revenue of $121K, expenses of $6K, and assets of $863K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Abbot Downing Historical Society Inc:
Data Sources and Methodology
This transparency report for Abbot Downing Historical Society Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.