Ars Inc
Ars Inc. maintains substantial assets despite volatile revenue and occasional operating deficits.
EIN: 20354220 · W Chesterfld, NH · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $176K |
| Total Expenses | $174K |
| Program Spending | 80% |
| Net Assets | $3.3M |
| Transparency Score | 75/100 |
Is Ars Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Ars Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Ars Inc
Ars Inc (EIN: 20354220) is a nonprofit organization based in W Chesterfld, NH. The organization reported total revenue of $176K and total assets of $3.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Ars Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Ars Inc is a small nonprofit that has been operating for 46 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 7.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $151K |
| Total Expenses | $174K |
| Surplus / Deficit | $-22,524 |
| Total Assets | $3.3M |
| Total Liabilities | $634 |
| Net Assets | $3.3M |
| Operating Margin | -14.9% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 231.1 months |
Financial Health Grade: B
In 2023, Ars Inc reported a deficit of $23K with expenses exceeding revenue, holds 231.1 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Ars Inc's revenue has grown at a compound annual growth rate (CAGR) of 7.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +104.8% | +15.7% | +10.1% |
| 2022 | -81.7% | -2.5% | -22.1% |
| 2021 | +33.7% | -1.2% | +7.8% |
| 2020 | +130.1% | +4.0% | +10.5% |
| 2019 | +15.9% | +36.7% | +4371.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1980 |
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 Ars 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, Ars 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.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $23K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Ars Inc. reports 0% officer compensation across all 13 filings, indicating a volunteer-led organization or one with extremely modest executive salaries, which is highly favorable for donor confidence.
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 Ars Inc's IRS 990 filings:
- Significant year-over-year revenue volatility (e.g., $403,647 in 2021 to $73,748 in 2022)
- Expenses frequently exceed revenue in recent periods (e.g., 2023 and 2022), indicating reliance on reserves or other income sources
Strengths
The following positive indicators were identified for Ars Inc:
- Substantial asset base ($3,452,017 latest) provides financial security
- Zero reported officer compensation across all filings, indicating highly efficient leadership costs
- Consistently low liabilities (e.g., $634 in 2023) suggest good debt management
Frequently Asked Questions about Ars Inc
Is Ars Inc a legitimate charity?
Ars Inc (EIN: 20354220) is a registered tax-exempt nonprofit based in New Hampshire. Our AI analysis gives it a Mission Score of 75/100. It has 13 years of IRS 990 filings on record. Total revenue: $176K. 2 red flags identified. 3 strengths noted. Financial health grade: B.
How does Ars Inc spend its money?
Ars Inc directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Ars Inc tax-deductible?
Ars Inc is registered as a tax-exempt nonprofit (EIN: 20354220). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Ars Inc's spending goes to programs?
Ars Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Ars Inc located?
Ars Inc is headquartered in W Chesterfld, New Hampshire and files with the IRS under EIN 20354220.
How many years of IRS 990 filings does Ars Inc have?
Ars Inc 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 $176K in total revenue.
Is Ars Inc. financially stable given its fluctuating revenue?
While Ars Inc. experiences significant revenue fluctuations, often with expenses exceeding revenue in recent years (e.g., 2023 and 2022), its substantial asset base of over $3.4 million provides a strong financial buffer and suggests long-term stability.
What is the purpose of Ars Inc.'s large asset base relative to its annual expenses?
The organization holds over $3.4 million in assets, significantly more than its annual expenses (e.g., $173,532 in 2023). This could indicate an endowment, property holdings, or other long-term investments, which would be important to understand for a complete financial picture.
How does Ars Inc. manage to operate without reporting officer compensation?
The consistent reporting of 0% officer compensation across all filings suggests that Ars Inc. is either entirely volunteer-run at the executive level or that any compensation falls below reporting thresholds, which is a strong indicator of efficient use of funds.
Filing History
IRS 990 filing history for Ars Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Ars Inc's revenue has grown by 144.5%, moving from $62K to $151K. Total assets increased by 5415.4% over the same period, from $61K to $3.3M. Total functional expenses rose by 188.6%, from $60K to $174K. In its most recent filing year (2023), Ars Inc reported a deficit of $23K, with expenses exceeding revenue. The organization holds $634 in liabilities against $3.3M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $3.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $151K | $174K | $3.3M | $634 | — | — |
| 2022 | $74K | $150K | $3.0M | $1K | — | View 990 |
| 2021 | $404K | $154K | $3.9M | $634 | — | View 990 |
| 2020 | $302K | $156K | $3.6M | $2K | — | View 990 |
| 2019 | $131K | $150K | $3.3M | $2K | — | — |
| 2018 | $113K | $109K | $73K | $2K | — | View 990 |
| 2017 | $97K | $67K | $68K | $391 | — | View 990 |
| 2016 | $69K | $66K | $38K | $391 | — | View 990 |
| 2015 | $66K | $75K | $35K | $536 | — | View 990 |
| 2014 | $52K | $61K | $44K | $606 | — | View 990 |
| 2013 | $42K | $51K | $54K | $172 | — | View 990 |
| 2012 | $45K | $43K | $63K | $0 | — | View 990 |
| 2011 | $62K | $60K | $61K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $151K, expenses of $174K, and assets of $3.3M (revenue +104.8% year-over-year).
- 2022: Revenue of $74K, expenses of $150K, and assets of $3.0M (revenue -81.7% year-over-year).
- 2021: Revenue of $404K, expenses of $154K, and assets of $3.9M (revenue +33.7% year-over-year).
- 2020: Revenue of $302K, expenses of $156K, and assets of $3.6M (revenue +130.1% year-over-year).
- 2019: Revenue of $131K, expenses of $150K, and assets of $3.3M (revenue +15.9% year-over-year).
- 2018: Revenue of $113K, expenses of $109K, and assets of $73K (revenue +16.5% year-over-year).
- 2017: Revenue of $97K, expenses of $67K, and assets of $68K (revenue +41.7% year-over-year).
- 2016: Revenue of $69K, expenses of $66K, and assets of $38K (revenue +3.1% year-over-year).
- 2015: Revenue of $66K, expenses of $75K, and assets of $35K (revenue +28.4% year-over-year).
- 2014: Revenue of $52K, expenses of $61K, and assets of $44K (revenue +24.3% year-over-year).
- 2013: Revenue of $42K, expenses of $51K, and assets of $54K (revenue -8.3% year-over-year).
- 2012: Revenue of $45K, expenses of $43K, and assets of $63K (revenue -26.5% year-over-year).
- 2011: Revenue of $62K, expenses of $60K, and assets of $61K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Ars Inc:
Data Sources and Methodology
This transparency report for Ars 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.