Amethyst Foundation Inc

Is Amethyst Foundation Inc Legit?

Some Concerns

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Amethyst Foundation Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Amethyst Foundation Inc

Amethyst Foundation Inc (EIN: 20363792) is a nonprofit organization based in Epping, NH, classified under NTEE code I23Z. The organization reported total revenue of $784K and total assets of $754K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Amethyst Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Amethyst Foundation Inc with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

• admin: 15%
• programs: 80%
• fundraising: 5%

According to IRS 990 filings, Amethyst Foundation Inc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

Amethyst Foundation Inc. consistently reports 0% officer compensation across all 13 available filings, indicating that no funds are allocated to executive salaries, which is highly commendable for an organization of its size with revenues ranging from $710,162 to $1,231,385.

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 Amethyst Foundation Inc's IRS 990 filings:

• Recurring operational deficits (e.g., $110,211 deficit in 202306, $47,366 deficit in 202206).
• Significant decline in revenue over the past several years (from $1.2M+ to $710K).

Strengths

The following positive indicators were identified for Amethyst Foundation Inc:

• Consistent 0% officer compensation across all filings, indicating strong commitment to mission spending.
• Low liabilities relative to assets, suggesting good financial management of debt.
• Long history of IRS 990 filings (13 filings), demonstrating transparency.

Frequently Asked Questions about Amethyst Foundation Inc

Filing History

IRS 990 filing history for Amethyst Foundation Inc showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Amethyst Foundation Inc's revenue has declined by 39.1%, moving from $1.2M to $710K. Total assets increased by 6.4% over the same period, from $759K to $808K. Total functional expenses fell by 30.8%, from $1.2M to $820K. In its most recent filing year (2023), Amethyst Foundation Inc reported a deficit of $110K, with expenses exceeding revenue. The organization holds $28K in liabilities against $808K in assets (debt-to-asset ratio: 3.5%), resulting in net assets of $779K.

Year-by-Year Financial Summary

• 2023: Revenue of $710K, expenses of $820K, and assets of $808K (revenue -3.9% year-over-year).
• 2022: Revenue of $739K, expenses of $787K, and assets of $903K (revenue -22.5% year-over-year).
• 2021: Revenue of $954K, expenses of $741K, and assets of $940K (revenue -2.9% year-over-year).
• 2020: Revenue of $982K, expenses of $968K, and assets of $848K (revenue -13.3% year-over-year).
• 2019: Revenue of $1.1M, expenses of $1.2M, and assets of $730K (revenue -0.5% year-over-year).
• 2018: Revenue of $1.1M, expenses of $1.2M, and assets of $811K (revenue -2.6% year-over-year).
• 2017: Revenue of $1.2M, expenses of $1.2M, and assets of $931K (revenue -5.1% year-over-year).
• 2016: Revenue of $1.2M, expenses of $1.2M, and assets of $982K (revenue +1.3% year-over-year).
• 2015: Revenue of $1.2M, expenses of $1.1M, and assets of $983K (revenue +7.6% year-over-year).
• 2014: Revenue of $1.1M, expenses of $998K, and assets of $830K (revenue +7.5% year-over-year).
• 2013: Revenue of $1.1M, expenses of $1.1M, and assets of $709K (revenue -10.9% year-over-year).
• 2012: Revenue of $1.2M, expenses of $1.2M, and assets of $715K (revenue +1.1% year-over-year).
• 2011: Revenue of $1.2M, expenses of $1.2M, and assets of $759K.

Data Sources and Methodology

This transparency report for Amethyst Foundation 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.