Community Colleges Of New Hampshire Foundation
Community Colleges Of New Hampshire Foundation consistently reports 0% officer compensation amidst fluctuating but generally growing revenues and assets.
EIN: 20516490 · Concord, NH · NTEE: T31 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $3.3M |
| Total Expenses | $989K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $8 |
| Net Assets | $7.0M |
| Transparency Score | 92/100 |
Is Community Colleges Of New Hampshire Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Community Colleges Of New Hampshire Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Community Colleges Of New Hampshire Foundation
Community Colleges Of New Hampshire Foundation (EIN: 20516490) is a nonprofit organization based in Concord, NH, classified under NTEE code T31. The organization reported total revenue of $3.3M and total assets of $8.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Community Colleges Of New Hampshire Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Community Colleges Of New Hampshire Foundation is a mid-size nonprofit that has been operating for 26 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of -1.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.3M |
| Total Expenses | $989K |
| Surplus / Deficit | +$282K |
| Total Assets | $7.0M |
| Total Liabilities | $4K |
| Net Assets | $7.0M |
| Operating Margin | 22.2% |
| Debt-to-Asset Ratio | 0.1% |
| Months of Reserves | 85.2 months |
Financial Health Grade: A
In 2023, Community Colleges Of New Hampshire Foundation reported a surplus of $282K with revenue exceeding expenses, holds 85.2 months of operating reserves (strong position), has a debt-to-asset ratio of 0.1% (very low leverage).
Financial Trends
Over 12 years of filings (2012–2023), Community Colleges Of New Hampshire Foundation's revenue has declined at a compound annual growth rate (CAGR) of -1.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -50.6% | -25.2% | +15.2% |
| 2022 | +162.6% | +101.8% | +1.5% |
| 2021 | +9.9% | +8.4% | +35.9% |
| 2020 | +40.2% | +0.4% | +3.2% |
| 2019 | -28.9% | -15.9% | +2.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2000 |
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 Community Colleges Of New Hampshire Foundation 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: 5%
- programs: 90%
- fundraising: 5%
According to IRS 990 filings, Community Colleges Of New Hampshire Foundation allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. With 90% 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 surplus of $282K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.1%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers received compensation from the organization, which is highly unusual for an organization of its size with assets exceeding $8 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 Community Colleges Of New Hampshire Foundation's IRS 990 filings:
- Significant asset decline between 2016 ($16,629,458) and 2017 ($3,922,570) without clear explanation in provided data.
- Unusually low liabilities in some periods (e.g., $0 in 2017, $2,153 in 2021) which could indicate specific financial structures or reporting practices.
Strengths
The following positive indicators were identified for Community Colleges Of New Hampshire Foundation:
- Consistent reporting of 0% officer compensation, indicating high efficiency and dedication of funds to mission.
- Consistent revenue generation, with latest revenue at $3,294,615.
- Positive net income (revenue exceeding expenses) in most reported periods, demonstrating financial stability.
- Significant asset growth in recent years, from $3,922,570 in 2017 to $7,026,274 in 2023.
- Low liabilities in most periods, suggesting a healthy balance sheet.
Frequently Asked Questions about Community Colleges Of New Hampshire Foundation
Is Community Colleges Of New Hampshire Foundation a legitimate charity?
Community Colleges Of New Hampshire Foundation (EIN: 20516490) is a registered tax-exempt nonprofit based in New Hampshire. Our AI analysis gives it a Mission Score of 92/100. It has 12 years of IRS 990 filings on record. Total revenue: $3.3M. 2 red flags identified. 5 strengths noted. Financial health grade: A.
How does Community Colleges Of New Hampshire Foundation spend its money?
Community Colleges Of New Hampshire Foundation directs 90% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Community Colleges Of New Hampshire Foundation tax-deductible?
Community Colleges Of New Hampshire Foundation is registered as a tax-exempt nonprofit (EIN: 20516490). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Community Colleges Of New Hampshire Foundation CEO make?
Community Colleges Of New Hampshire Foundation's highest-compensated officer earns $8 annually. The organization reported $3.3M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Community Colleges Of New Hampshire Foundation's spending goes to programs?
Community Colleges Of New Hampshire Foundation directs 90% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Community Colleges Of New Hampshire Foundation compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Community Colleges Of New Hampshire Foundation is above average for NTEE category T31 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Community Colleges Of New Hampshire Foundation located?
Community Colleges Of New Hampshire Foundation is headquartered in Concord, New Hampshire and files with the IRS under EIN 20516490. It is classified under NTEE code T31.
How many years of IRS 990 filings does Community Colleges Of New Hampshire Foundation have?
Community Colleges Of New Hampshire Foundation has 12 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 $3.3M in total revenue.
Is Community Colleges Of New Hampshire Foundation a good charity?
Based on the available IRS 990 data, the foundation appears to be a good charity, primarily due to its consistent reporting of 0% officer compensation, suggesting a strong dedication of resources to its mission. Its financial health shows consistent revenue generation and asset growth in recent years.
How does the foundation manage its executive compensation?
The foundation reports 0% officer compensation in all available filings, meaning no officers received salaries or other compensation directly from the organization. This is a highly positive indicator for donors.
What is the trend in the foundation's assets?
The foundation's assets have shown significant growth in recent years, increasing from $3,922,570 in 2017 to $7,026,274 in 2023, after a notable decrease from a peak of $16,629,458 in 2016.
Filing History
IRS 990 filing history for Community Colleges Of New Hampshire Foundation showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Community Colleges Of New Hampshire Foundation's revenue has declined by 16.9%, moving from $1.5M to $1.3M. Total assets decreased by 29.9% over the same period, from $10.0M to $7.0M. Total functional expenses rose by 94.7%, from $508K to $989K. In its most recent filing year (2023), Community Colleges Of New Hampshire Foundation reported a surplus of $282K, with revenue exceeding expenses. The organization holds $4K in liabilities against $7.0M in assets (debt-to-asset ratio: 0.1%), resulting in net assets of $7.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.3M | $989K | $7.0M | $4K | — | View 990 |
| 2022 | $2.6M | $1.3M | $6.1M | $6K | — | View 990 |
| 2021 | $980K | $655K | $6.0M | $2K | — | — |
| 2020 | $891K | $604K | $4.4M | $2K | — | View 990 |
| 2019 | $636K | $602K | $4.3M | $49K | — | View 990 |
| 2018 | $893K | $716K | $4.2M | $39K | — | View 990 |
| 2017 | $2.1M | $577K | $3.9M | $0 | — | View 990 |
| 2016 | $2.7M | $1.0M | $16.6M | $4K | — | View 990 |
| 2015 | $2.7M | $1.0M | $15.2M | $27K | — | View 990 |
| 2014 | $4.2M | $2.0M | $14.3M | $587K | — | View 990 |
| 2013 | $1.1M | $685K | $10.9M | $228K | — | View 990 |
| 2012 | $1.5M | $508K | $10.0M | $228K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.3M, expenses of $989K, and assets of $7.0M (revenue -50.6% year-over-year).
- 2022: Revenue of $2.6M, expenses of $1.3M, and assets of $6.1M (revenue +162.6% year-over-year).
- 2021: Revenue of $980K, expenses of $655K, and assets of $6.0M (revenue +9.9% year-over-year).
- 2020: Revenue of $891K, expenses of $604K, and assets of $4.4M (revenue +40.2% year-over-year).
- 2019: Revenue of $636K, expenses of $602K, and assets of $4.3M (revenue -28.9% year-over-year).
- 2018: Revenue of $893K, expenses of $716K, and assets of $4.2M (revenue -57.2% year-over-year).
- 2017: Revenue of $2.1M, expenses of $577K, and assets of $3.9M (revenue -23.8% year-over-year).
- 2016: Revenue of $2.7M, expenses of $1.0M, and assets of $16.6M (revenue +3.1% year-over-year).
- 2015: Revenue of $2.7M, expenses of $1.0M, and assets of $15.2M (revenue -36.0% year-over-year).
- 2014: Revenue of $4.2M, expenses of $2.0M, and assets of $14.3M (revenue +271.4% year-over-year).
- 2013: Revenue of $1.1M, expenses of $685K, and assets of $10.9M (revenue -26.9% year-over-year).
- 2012: Revenue of $1.5M, expenses of $508K, and assets of $10.0M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Community Colleges Of New Hampshire Foundation:
Data Sources and Methodology
This transparency report for Community Colleges Of New Hampshire 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.