Early Learning New Hampshire
Early Learning New Hampshire faces significant financial challenges with declining revenue and increasing liabilities.
EIN: 20517109 · Concord, NH · NTEE: B21 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $127K |
| Total Expenses | $510K |
| Program Spending | 80% |
| Net Assets | $-83,364 |
| Transparency Score | 55/100 |
Is Early Learning New Hampshire Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Early Learning New Hampshire directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Early Learning New Hampshire
Early Learning New Hampshire (EIN: 20517109) is a nonprofit organization based in Concord, NH, classified under NTEE code B21. The organization reported total revenue of $127K and total assets of $118K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Early Learning New Hampshire's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Early Learning New Hampshire is a small nonprofit that has been operating for 24 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -8.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $109K |
| Total Expenses | $510K |
| Surplus / Deficit | $-401,160 |
| Total Assets | $181K |
| Total Liabilities | $264K |
| Net Assets | $-83,364 |
| Operating Margin | -368.1% |
| Debt-to-Asset Ratio | 146.1% |
| Months of Reserves | 4.3 months |
Financial Health Grade: C
In 2023, Early Learning New Hampshire reported a deficit of $401K with expenses exceeding revenue, holds 4.3 months of operating reserves (adequate), has a debt-to-asset ratio of 146.1% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Early Learning New Hampshire's revenue has declined at a compound annual growth rate (CAGR) of -8.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -74.3% | +0.7% | -52.6% |
| 2022 | -25.8% | -6.2% | -18.7% |
| 2021 | -38.5% | -39.6% | +10.7% |
| 2020 | -39.3% | -37.0% | +20.0% |
| 2019 | +106.5% | +104.5% | +67.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2002 |
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 Early Learning New Hampshire with a Mission Score of 55 out of 100 (Fair). 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, Early Learning New Hampshire 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 $401K, with expenses exceeding revenue.
- Debt-to-asset ratio: 146.1%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no officers received compensation from the organization, which is a strong positive for minimizing administrative costs relative to the organization's size and mission.
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 Early Learning New Hampshire's IRS 990 filings:
- Significant and consistent decline in revenue from $1,531,891 in 2019 to $108,970 in 2023.
- Expenses ($510,130 in 2023) consistently exceeding revenue ($108,970 in 2023) in recent years, leading to deficits.
- Liabilities ($264,163 in 2023) exceeding assets ($180,799 in 2023) in the latest filing, indicating potential insolvency.
- High financial volatility with large swings in revenue and asset/liability positions over the past five years.
Strengths
The following positive indicators were identified for Early Learning New Hampshire:
- Consistent reporting of 0% officer compensation, indicating a commitment to minimizing executive overhead.
- Long filing history (13 filings) suggests a consistent presence and compliance with IRS reporting requirements.
Frequently Asked Questions about Early Learning New Hampshire
Is Early Learning New Hampshire a legitimate charity?
Early Learning New Hampshire (EIN: 20517109) is a registered tax-exempt nonprofit based in New Hampshire. Our AI analysis gives it a Mission Score of 55/100. It has 13 years of IRS 990 filings on record. Total revenue: $127K. 4 red flags identified. 2 strengths noted. Financial health grade: C.
How does Early Learning New Hampshire spend its money?
Early Learning New Hampshire directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Early Learning New Hampshire tax-deductible?
Early Learning New Hampshire is registered as a tax-exempt nonprofit (EIN: 20517109). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Early Learning New Hampshire's spending goes to programs?
Early Learning New Hampshire directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Early Learning New Hampshire compare to similar nonprofits?
With a transparency score of 55/100 (Fair), Early Learning New Hampshire is near average for NTEE category B21 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Early Learning New Hampshire located?
Early Learning New Hampshire is headquartered in Concord, New Hampshire and files with the IRS under EIN 20517109. It is classified under NTEE code B21.
How many years of IRS 990 filings does Early Learning New Hampshire have?
Early Learning New Hampshire 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 $127K in total revenue.
Is Early Learning New Hampshire a good charity?
The organization's financial health has deteriorated significantly in recent years, with revenue declining from over $1.5 million in 2019 to $108,970 in 2023, and liabilities exceeding assets in the latest filing. While the 0% officer compensation is positive, the overall financial instability raises concerns about its long-term viability and ability to sustain its mission.
What caused the sharp decline in revenue for Early Learning New Hampshire?
The provided data does not specify the exact causes for the revenue decline from $1,531,891 in 2019 to $108,970 in 2023. This would require reviewing the full IRS 990 forms for detailed revenue sources and explanations.
How does Early Learning New Hampshire manage its liabilities?
In the 2023 filing, liabilities ($264,163) significantly exceeded assets ($180,799), indicating a negative net asset position. This suggests potential challenges in managing its financial obligations, a notable shift from previous years where assets generally exceeded liabilities.
What is the organization's program efficiency?
Without a detailed breakdown of expenses into program, administrative, and fundraising categories from the IRS 990 filings, a precise program efficiency ratio cannot be calculated. However, the general trend of expenses exceeding revenue in recent years suggests potential inefficiencies or funding shortfalls.
Filing History
IRS 990 filing history for Early Learning New Hampshire showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Early Learning New Hampshire's revenue has declined by 65.5%, moving from $316K to $109K. Total assets decreased by 72.7% over the same period, from $663K to $181K. Total functional expenses rose by 13.7%, from $449K to $510K. In its most recent filing year (2023), Early Learning New Hampshire reported a deficit of $401K, with expenses exceeding revenue. The organization holds $264K in liabilities against $181K in assets (debt-to-asset ratio: 146.1%), resulting in net assets of $-83,364.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $109K | $510K | $181K | $264K | — | — |
| 2022 | $424K | $507K | $382K | $64K | — | View 990 |
| 2021 | $572K | $540K | $470K | $71K | — | View 990 |
| 2020 | $929K | $894K | $424K | $85K | — | View 990 |
| 2019 | $1.5M | $1.4M | $353K | $49K | — | View 990 |
| 2018 | $742K | $694K | $210K | $19K | — | View 990 |
| 2017 | $911K | $1.2M | $177K | $33K | — | — |
| 2016 | $1.0M | $834K | $423K | $40K | — | View 990 |
| 2015 | $688K | $724K | $216K | $20K | — | View 990 |
| 2014 | $757K | $652K | $240K | $7K | — | View 990 |
| 2013 | $868K | $784K | $145K | $17K | — | View 990 |
| 2012 | $420K | $477K | $436K | $393K | — | View 990 |
| 2011 | $316K | $449K | $663K | $562K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $109K, expenses of $510K, and assets of $181K (revenue -74.3% year-over-year).
- 2022: Revenue of $424K, expenses of $507K, and assets of $382K (revenue -25.8% year-over-year).
- 2021: Revenue of $572K, expenses of $540K, and assets of $470K (revenue -38.5% year-over-year).
- 2020: Revenue of $929K, expenses of $894K, and assets of $424K (revenue -39.3% year-over-year).
- 2019: Revenue of $1.5M, expenses of $1.4M, and assets of $353K (revenue +106.5% year-over-year).
- 2018: Revenue of $742K, expenses of $694K, and assets of $210K (revenue -18.6% year-over-year).
- 2017: Revenue of $911K, expenses of $1.2M, and assets of $177K (revenue -10.6% year-over-year).
- 2016: Revenue of $1.0M, expenses of $834K, and assets of $423K (revenue +48.1% year-over-year).
- 2015: Revenue of $688K, expenses of $724K, and assets of $216K (revenue -9.1% year-over-year).
- 2014: Revenue of $757K, expenses of $652K, and assets of $240K (revenue -12.8% year-over-year).
- 2013: Revenue of $868K, expenses of $784K, and assets of $145K (revenue +106.7% year-over-year).
- 2012: Revenue of $420K, expenses of $477K, and assets of $436K (revenue +33.1% year-over-year).
- 2011: Revenue of $316K, expenses of $449K, and assets of $663K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Early Learning New Hampshire:
Data Sources and Methodology
This transparency report for Early Learning New Hampshire 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.