Amoskeag Quilters Guild
Amoskeag Quilters Guild operates with modest revenue and no officer compensation.
EIN: 20432694 · Manchester, NH · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $62K |
| Total Expenses | $8K |
| Program Spending | 80% |
| Net Assets | $50K |
| Transparency Score | 85/100 |
Is Amoskeag Quilters Guild Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Amoskeag Quilters Guild directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Amoskeag Quilters Guild
Amoskeag Quilters Guild (EIN: 20432694) is a nonprofit organization based in Manchester, NH. The organization reported total revenue of $62K and total assets of $50K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Amoskeag Quilters Guild's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Amoskeag Quilters Guild is a micro nonprofit that has been operating for 33 years.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $12K |
| Total Expenses | $8K |
| Surplus / Deficit | +$4K |
| Total Assets | $50K |
| Net Assets | $50K |
| Operating Margin | 34.4% |
| Months of Reserves | 74.8 months |
Financial Health Grade: A
In 2024, Amoskeag Quilters Guild reported a surplus of $4K with revenue exceeding expenses, holds 74.8 months of operating reserves (strong position).
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1993 |
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 Amoskeag Quilters Guild with a Mission Score of 85 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Amoskeag Quilters Guild 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.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $4K, with revenue exceeding expenses.
Executive Compensation Analysis
The organization reports 0% officer compensation in its 202406 filing, indicating that its leadership is likely volunteer-based, which is a positive sign for a small nonprofit.
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 Amoskeag Quilters Guild:
- No reported officer compensation (0% in 202406 filing)
- No reported liabilities ($0 in 202406 filing)
- Lean operational expenses relative to revenue ($8,085 expenses vs. $12,323 revenue in 202406)
Frequently Asked Questions about Amoskeag Quilters Guild
Is Amoskeag Quilters Guild a legitimate charity?
Amoskeag Quilters Guild (EIN: 20432694) is a registered tax-exempt nonprofit based in New Hampshire. Our AI analysis gives it a Mission Score of 85/100. Total revenue: $62K. No red flags identified. 3 strengths noted. Financial health grade: A.
How does Amoskeag Quilters Guild spend its money?
Amoskeag Quilters Guild directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Amoskeag Quilters Guild tax-deductible?
Amoskeag Quilters Guild is registered as a tax-exempt nonprofit (EIN: 20432694). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Amoskeag Quilters Guild's spending goes to programs?
Amoskeag Quilters Guild directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Amoskeag Quilters Guild located?
Amoskeag Quilters Guild is headquartered in Manchester, New Hampshire and files with the IRS under EIN 20432694.
How does Amoskeag Quilters Guild fund its operations?
Based on the available data, the organization's funding comes from its reported revenue, which was $12,323 in the 202406 period. Given its nature, this likely includes membership dues, event fees, and small donations.
What are the primary expenses for the Amoskeag Quilters Guild?
The 202406 filing shows total expenses of $8,085. For a quilters guild, these expenses likely cover event costs, materials, venue rentals, and administrative overhead.
Filing History
IRS 990 filing history for Amoskeag Quilters Guild showing financial trends over 1 year of public records:
In its most recent filing year (2024), Amoskeag Quilters Guild reported a surplus of $4K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $12K | $8K | $50K | $0 | — | — |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Amoskeag Quilters Guild:
Data Sources and Methodology
This transparency report for Amoskeag Quilters Guild 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.