Androscoggin Valley Hospital Foundation
Androscoggin Valley Hospital Foundation: Stable Assets, Fluctuating Revenue
EIN: 223035216 · Berlin, NH · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $118K |
| Total Expenses | $80K |
| Program Spending | 70% |
| Net Assets | $3.0M |
| Transparency Score | 75/100 |
Is Androscoggin Valley Hospital Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Androscoggin Valley Hospital Foundation directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Androscoggin Valley Hospital Foundation
Androscoggin Valley Hospital Foundation (EIN: 223035216) is a nonprofit organization based in Berlin, NH. The organization reported total revenue of $118K and total assets of $3.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Androscoggin Valley Hospital Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Androscoggin Valley Hospital Foundation is a small nonprofit that has been operating for 36 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -8.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $69K |
| Total Expenses | $80K |
| Surplus / Deficit | $-11,010 |
| Total Assets | $3.1M |
| Total Liabilities | $123K |
| Net Assets | $3.0M |
| Operating Margin | -16.1% |
| Debt-to-Asset Ratio | 4.0% |
| Months of Reserves | 469.0 months |
Financial Health Grade: B
In 2023, Androscoggin Valley Hospital Foundation reported a deficit of $11K with expenses exceeding revenue, holds 469.0 months of operating reserves (strong position), has a debt-to-asset ratio of 4.0% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Androscoggin Valley Hospital Foundation's revenue has declined at a compound annual growth rate (CAGR) of -8.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -59.0% | -39.2% | +14.2% |
| 2022 | -29.6% | +46.5% | -21.6% |
| 2021 | +49.5% | +111.4% | +22.0% |
| 2020 | +36.7% | -34.3% | +6.0% |
| 2019 | -44.0% | -22.8% | -2.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1990 |
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 Androscoggin Valley Hospital Foundation 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: 70%
- fundraising: 15%
According to IRS 990 filings, Androscoggin Valley Hospital Foundation allocates its expenses as follows: admin: 15%, programs: 70%, fundraising: 15%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $11K, with expenses exceeding revenue.
- Debt-to-asset ratio: 4.0%.
Executive Compensation Analysis
Executive compensation is not reported in the provided data, suggesting it is below the IRS reporting threshold or handled by the parent hospital.
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 Androscoggin Valley Hospital Foundation's IRS 990 filings:
- Significant year-over-year revenue fluctuations, with a notable drop from $237,605 in 2021 to $68,595 in 2023.
- Lack of detailed program spending breakdown within the provided financial summaries.
- No clear indication of specific programs or community impact beyond general hospital support.
Strengths
The following positive indicators were identified for Androscoggin Valley Hospital Foundation:
- Consistent asset growth, from $2,381,353 in 2016 to $3,111,132 in 2023, indicating financial stability.
- Low liability levels relative to assets, suggesting a healthy balance sheet.
- Maintains a consistent presence supporting the Androscoggin Valley Hospital.
Frequently Asked Questions about Androscoggin Valley Hospital Foundation
Is Androscoggin Valley Hospital Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Androscoggin Valley Hospital Foundation (EIN: 223035216) some concerns. Mission Score: 75/100. 3 red flags identified, 3 strengths noted.
How does Androscoggin Valley Hospital Foundation spend its money?
Androscoggin Valley Hospital Foundation directs 70% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Androscoggin Valley Hospital Foundation tax-deductible?
Androscoggin Valley Hospital Foundation is registered as a tax-exempt nonprofit (EIN: 223035216). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Androscoggin Valley Hospital Foundation's spending goes to programs?
Androscoggin Valley Hospital Foundation directs 70% to programs, 15% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
Where is Androscoggin Valley Hospital Foundation located?
Androscoggin Valley Hospital Foundation is headquartered in Berlin, New Hampshire and files with the IRS under EIN 223035216.
How many years of IRS 990 filings does Androscoggin Valley Hospital Foundation have?
Androscoggin Valley Hospital Foundation has 13 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 $118K in total revenue.
What does Androscoggin Valley Hospital Foundation do?
Androscoggin Valley Hospital Foundation is a nonprofit organization in the Unknown sector, located in Berlin, New Hampshire. It is classified under NTEE code Unknown.
How much revenue does Androscoggin Valley Hospital Foundation have?
Androscoggin Valley Hospital Foundation reported total revenue of $118,298. Based on 13 IRS 990 filings on record.
What are Androscoggin Valley Hospital Foundation's total assets?
Androscoggin Valley Hospital Foundation holds total assets of $3,657,333 as reported in IRS 990 filings.
Where is Androscoggin Valley Hospital Foundation located?
Androscoggin Valley Hospital Foundation is based in Berlin, New Hampshire.
What is Androscoggin Valley Hospital Foundation's EIN?
Androscoggin Valley Hospital Foundation's Employer Identification Number (EIN) is 223035216. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Androscoggin Valley Hospital Foundation?
Androscoggin Valley Hospital Foundation is classified under NTEE code Unknown (Unknown).
Is Androscoggin Valley Hospital Foundation a registered 501(c)(3)?
Androscoggin Valley Hospital Foundation appears in IRS records (EIN: 223035216). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Androscoggin Valley Hospital Foundation file IRS Form 990?
Yes, Androscoggin Valley Hospital Foundation has 13 IRS Form 990 filings on record. The most recent covers tax period 202309.
What was Androscoggin Valley Hospital Foundation's revenue in 2023?
In the 202309 filing period, Androscoggin Valley Hospital Foundation reported total revenue of $68,595, total expenses of $79,605, and net assets of $3,111,132.
Is Androscoggin Valley Hospital Foundation's revenue growing or declining?
Androscoggin Valley Hospital Foundation's revenue is declining. Revenue went from $167,210 (202209) to $68,595 (202309), a -59.0% change. Based on 13 filings on record.
What is Androscoggin Valley Hospital Foundation's most recent 990 filing?
The most recent IRS Form 990 filing for Androscoggin Valley Hospital Foundation covers tax period 202309. It shows revenue of $68,595, expenses of $79,605, total assets of $3,111,132, and liabilities of $123,284.
How much does Androscoggin Valley Hospital Foundation spend on programs vs administration?
Based on IRS 990 analysis, Androscoggin Valley Hospital Foundation allocates approximately 70% of expenses to program services, 15% to administrative costs, and 15% to fundraising. Program spending is moderate relative to overhead.
Is Androscoggin Valley Hospital Foundation a trustworthy charity?
Based on AI analysis of IRS 990 data, Androscoggin Valley Hospital Foundation appears trustworthy. Mission Score: 75/100 (Good). 3 red flags identified. 3 strengths noted.
What are the red flags for Androscoggin Valley Hospital Foundation?
The following concerns were identified: Significant year-over-year revenue fluctuations, with a notable drop from $237,605 in 2021 to $68,595 in 2023.. Lack of detailed program spending breakdown within the provided financial summaries.. No clear indication of specific programs or community impact beyond general hospital support.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Androscoggin Valley Hospital Foundation's strengths?
Positive indicators for Androscoggin Valley Hospital Foundation include: Consistent asset growth, from $2,381,353 in 2016 to $3,111,132 in 2023, indicating financial stability.. Low liability levels relative to assets, suggesting a healthy balance sheet.. Maintains a consistent presence supporting the Androscoggin Valley Hospital.. These findings are derived from AI analysis of the organization's financial filings.
How does Androscoggin Valley Hospital Foundation compensate executives?
Executive compensation is not reported in the provided data, suggesting it is below the IRS reporting threshold or handled by the parent hospital. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How transparent is Androscoggin Valley Hospital Foundation?
• Financial data is consistently available through IRS filings. • No specific program details or impact reports are readily accessible. • Board meeting minutes or detailed governance policies are not publicly disclosed. Transparency assessment is based on the availability and consistency of IRS 990 filing data, spending disclosure, and governance indicators.
What factors contributed to the substantial revenue decline from $237,605 in 2021 to $68,595 in 2023, and how does the foundation plan to address this trend?
The provided data does not specify the reasons for the revenue decline. Further investigation into fundraising strategies, donor engagement, and economic factors impacting donations would be necessary to understand and address this trend.
Given the foundation's role in supporting a hospital, what specific programs or initiatives does it fund, and how are these contributions measured for impact?
The provided data only shows general revenue and expenses. Specific program details, such as funding for equipment, patient services, or community health initiatives, are not outlined. Impact measurement would require access to program reports or annual reviews.
Filing History
IRS 990 filing history for Androscoggin Valley Hospital Foundation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Androscoggin Valley Hospital Foundation's revenue has declined by 65.9%, moving from $201K to $69K. Total assets increased by 24.7% over the same period, from $2.5M to $3.1M. Total functional expenses fell by 3%, from $82K to $80K. In its most recent filing year (2023), Androscoggin Valley Hospital Foundation reported a deficit of $11K, with expenses exceeding revenue. The organization holds $123K in liabilities against $3.1M in assets (debt-to-asset ratio: 4.0%), resulting in net assets of $3.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $69K | $80K | $3.1M | $123K | — | — |
| 2022 | $167K | $131K | $2.7M | $119K | — | — |
| 2021 | $238K | $89K | $3.5M | $101K | — | View 990 |
| 2020 | $159K | $42K | $2.8M | $30K | — | — |
| 2019 | $116K | $64K | $2.7M | $45K | — | View 990 |
| 2018 | $207K | $83K | $2.7M | $73K | — | View 990 |
| 2017 | $138K | $51K | $2.7M | $41K | — | View 990 |
| 2016 | $-30,610 | $37K | $2.4M | $0 | — | View 990 |
| 2015 | $72K | $10K | $2.5M | $196K | — | View 990 |
| 2014 | $144K | $75K | $2.5M | $196K | — | View 990 |
| 2013 | $244K | $53K | $2.9M | $631K | — | View 990 |
| 2012 | $65K | $97K | $2.7M | $595K | — | View 990 |
| 2011 | $201K | $82K | $2.5M | $514K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $69K, expenses of $80K, and assets of $3.1M (revenue -59.0% year-over-year).
- 2022: Revenue of $167K, expenses of $131K, and assets of $2.7M (revenue -29.6% year-over-year).
- 2021: Revenue of $238K, expenses of $89K, and assets of $3.5M (revenue +49.5% year-over-year).
- 2020: Revenue of $159K, expenses of $42K, and assets of $2.8M (revenue +36.7% year-over-year).
- 2019: Revenue of $116K, expenses of $64K, and assets of $2.7M (revenue -44.0% year-over-year).
- 2018: Revenue of $207K, expenses of $83K, and assets of $2.7M (revenue +50.3% year-over-year).
- 2017: Revenue of $138K, expenses of $51K, and assets of $2.7M.
- 2016: Revenue of $-30,610, expenses of $37K, and assets of $2.4M (revenue -142.5% year-over-year).
- 2015: Revenue of $72K, expenses of $10K, and assets of $2.5M (revenue -49.9% year-over-year).
- 2014: Revenue of $144K, expenses of $75K, and assets of $2.5M (revenue -40.9% year-over-year).
- 2013: Revenue of $244K, expenses of $53K, and assets of $2.9M (revenue +273.9% year-over-year).
- 2012: Revenue of $65K, expenses of $97K, and assets of $2.7M (revenue -67.6% year-over-year).
- 2011: Revenue of $201K, expenses of $82K, and assets of $2.5M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Androscoggin Valley Hospital Foundation:
Data Sources and Methodology
This transparency report for Androscoggin Valley Hospital Foundation 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.