Alfred Quimby Fund Ttee
Alfred Quimby Fund Ttee maintains strong assets and zero executive compensation amidst fluctuating revenues.
EIN: 20241554 · Ctr Sandwich, NH · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $683K |
| Total Expenses | $443K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $6 |
| Net Assets | $6.2M |
| Transparency Score | 92/100 |
Is Alfred Quimby Fund Ttee Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Alfred Quimby Fund Ttee directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Alfred Quimby Fund Ttee
Alfred Quimby Fund Ttee (EIN: 20241554) is a nonprofit organization based in Ctr Sandwich, NH. The organization reported total revenue of $683K and total assets of $6.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Alfred Quimby Fund Ttee's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Alfred Quimby Fund Ttee is a small nonprofit that has been operating for 105 years, with 11 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 4.4%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $437K |
| Total Expenses | $443K |
| Surplus / Deficit | $-6,206 |
| Total Assets | $6.2M |
| Total Liabilities | $1 |
| Net Assets | $6.2M |
| Operating Margin | -1.4% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 167.1 months |
Financial Health Grade: B
In 2024, Alfred Quimby Fund Ttee reported a deficit of $6K with expenses exceeding revenue, holds 167.1 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 11 years of filings (2011–2024), Alfred Quimby Fund Ttee's revenue has grown at a compound annual growth rate (CAGR) of 4.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +35.3% | +25.9% | -0.1% |
| 2023 | -54.1% | -8.5% | -0.5% |
| 2022 | +14.9% | +10.4% | +5.4% |
| 2021 | +86.0% | -14.2% | +4.7% |
| 2020 | -19.3% | +16.6% | +12.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1921 |
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 Alfred Quimby Fund Ttee with a Mission Score of 92 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: 90%
- fundraising: 0%
According to IRS 990 filings, Alfred Quimby Fund Ttee allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $6K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no salaries are paid to officers, which is highly unusual for an organization with assets over $6 million.
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.
Red Flags
The following concerns were identified during AI analysis of Alfred Quimby Fund Ttee's IRS 990 filings:
- NTEE Code Unknown, limiting understanding of mission area
- Lack of detailed functional expense breakdown (program, admin, fundraising) in provided data
Strengths
The following positive indicators were identified for Alfred Quimby Fund Ttee:
- Consistent growth in assets, reaching $6,488,549
- Zero officer compensation reported across all filings, indicating high efficiency
- Very low liabilities, often $0 or $1, showing strong financial health
- Consistent IRS 990 filing history, demonstrating transparency
- Generally positive net assets over time, despite some periods of expenses exceeding revenue
Frequently Asked Questions about Alfred Quimby Fund Ttee
Is Alfred Quimby Fund Ttee a legitimate charity?
Based on AI analysis of IRS 990 filings, Alfred Quimby Fund Ttee (EIN: 20241554) some concerns. Mission Score: 92/100. 2 red flags identified, 5 strengths noted.
How does Alfred Quimby Fund Ttee spend its money?
Alfred Quimby Fund Ttee directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Alfred Quimby Fund Ttee tax-deductible?
Alfred Quimby Fund Ttee is registered as a tax-exempt nonprofit (EIN: 20241554). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Alfred Quimby Fund Ttee CEO make?
Alfred Quimby Fund Ttee's highest-compensated officer earns $6 annually. The organization reported $683K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
Where is Alfred Quimby Fund Ttee located?
Alfred Quimby Fund Ttee is headquartered in Ctr Sandwich, New Hampshire and files with the IRS under EIN 20241554.
How many years of IRS 990 filings does Alfred Quimby Fund Ttee have?
Alfred Quimby Fund Ttee has 11 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $683K in total revenue.
How does the Alfred Quimby Fund Ttee manage to operate with 0% officer compensation?
The filings consistently show 0% officer compensation, suggesting that leadership roles might be entirely volunteer-based or compensated through other means not classified as officer compensation on the 990, or that the organization's structure allows for minimal overhead in this area.
What are the specific programs or activities funded by the Alfred Quimby Fund Ttee?
The provided data does not include details on the organization's specific programs or NTEE code, making it difficult to assess the exact nature of its charitable activities.
Why are liabilities consistently reported as $1 or $0?
The consistently low liabilities indicate a very strong financial position with minimal debt or outstanding obligations, which is a positive sign of financial health and prudent management.
Filing History
IRS 990 filing history for Alfred Quimby Fund Ttee showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2011–2024), Alfred Quimby Fund Ttee's revenue has grown by 74.3%, moving from $251K to $437K. Total assets increased by 35.8% over the same period, from $4.5M to $6.2M. Total functional expenses rose by 211.4%, from $142K to $443K. In its most recent filing year (2024), Alfred Quimby Fund Ttee reported a deficit of $6K, with expenses exceeding revenue. The organization holds $1 in liabilities against $6.2M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $6.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $437K | $443K | $6.2M | $1 | — | — |
| 2023 | $323K | $352K | $6.2M | $1 | — | View 990 |
| 2022 | $703K | $385K | $6.2M | $1 | — | View 990 |
| 2021 | $612K | $349K | $5.9M | $1 | — | — |
| 2020 | $329K | $406K | $5.6M | $0 | — | View 990 |
| 2016 | $407K | $348K | $5.0M | $5.0M | — | View 990 |
| 2015 | $517K | $381K | $4.9M | $0 | — | View 990 |
| 2014 | $564K | $353K | $4.8M | $0 | — | View 990 |
| 2013 | $352K | $322K | $4.6M | $0 | — | View 990 |
| 2012 | $338K | $328K | $4.5M | $0 | — | View 990 |
| 2011 | $251K | $142K | $4.5M | $10K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $437K, expenses of $443K, and assets of $6.2M (revenue +35.3% year-over-year).
- 2023: Revenue of $323K, expenses of $352K, and assets of $6.2M (revenue -54.1% year-over-year).
- 2022: Revenue of $703K, expenses of $385K, and assets of $6.2M (revenue +14.9% year-over-year).
- 2021: Revenue of $612K, expenses of $349K, and assets of $5.9M (revenue +86.0% year-over-year).
- 2020: Revenue of $329K, expenses of $406K, and assets of $5.6M (revenue -19.3% year-over-year).
- 2016: Revenue of $407K, expenses of $348K, and assets of $5.0M (revenue -21.2% year-over-year).
- 2015: Revenue of $517K, expenses of $381K, and assets of $4.9M (revenue -8.2% year-over-year).
- 2014: Revenue of $564K, expenses of $353K, and assets of $4.8M (revenue +60.1% year-over-year).
- 2013: Revenue of $352K, expenses of $322K, and assets of $4.6M (revenue +4.1% year-over-year).
- 2012: Revenue of $338K, expenses of $328K, and assets of $4.5M (revenue +35.0% year-over-year).
- 2011: Revenue of $251K, expenses of $142K, and assets of $4.5M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Alfred Quimby Fund Ttee:
Data Sources and Methodology
This transparency report for Alfred Quimby Fund Ttee 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.