Education Alliance For New Hampshire
Education Alliance For New Hampshire shows strong asset growth but high liabilities and zero reported officer compensation.
EIN: 20524025 · Concord, NH · NTEE: B80 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $3.1M |
| Total Expenses | $2.1M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $2 |
| Net Assets | $423K |
| Transparency Score | 75/100 |
Is Education Alliance For New Hampshire Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Education Alliance For New Hampshire directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Education Alliance For New Hampshire
Education Alliance For New Hampshire (EIN: 20524025) is a nonprofit organization based in Concord, NH, classified under NTEE code B80. The organization reported total revenue of $3.1M and total assets of $7.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Education Alliance For New Hampshire's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Education Alliance For New Hampshire is a mid-size nonprofit that has been operating for 25 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 7.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.1M |
| Total Expenses | $2.1M |
| Surplus / Deficit | $-5,322 |
| Total Assets | $6.5M |
| Total Liabilities | $6.1M |
| Net Assets | $423K |
| Operating Margin | -0.2% |
| Debt-to-Asset Ratio | 93.5% |
| Months of Reserves | 36.7 months |
Financial Health Grade: C
In 2023, Education Alliance For New Hampshire reported a deficit of $5K with expenses exceeding revenue, holds 36.7 months of operating reserves (strong position), has a debt-to-asset ratio of 93.5% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Education Alliance For New Hampshire's revenue has grown at a compound annual growth rate (CAGR) of 7.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +42.1% | +39.5% | +12.3% |
| 2022 | -1.1% | +6.2% | +11.3% |
| 2021 | +0.6% | -0.8% | +24.0% |
| 2020 | -13.2% | -13.5% | +40.7% |
| 2019 | +20.6% | +17.5% | +59.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2001 |
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 Education Alliance For New Hampshire 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Education Alliance For New Hampshire allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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 $5K, with expenses exceeding revenue.
- Debt-to-asset ratio: 93.5%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, which is unusual for an organization of its size with over $2 million in annual expenses, suggesting either volunteer leadership or compensation being reported in other expense categories.
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 Education Alliance For New Hampshire's IRS 990 filings:
- High proportion of liabilities relative to assets ($6,113,864 liabilities vs. $6,536,598 assets in 2023)
- Consistent 0% reported officer compensation, which may obscure true leadership costs for an organization of this size.
Strengths
The following positive indicators were identified for Education Alliance For New Hampshire:
- Consistent and significant asset growth over the past decade, from $290,993 in 2017 to $6,536,598 in 2023.
- Steady revenue growth, indicating increasing support and programmatic reach.
- Expenses closely track revenue, suggesting efficient operational management.
Frequently Asked Questions about Education Alliance For New Hampshire
Is Education Alliance For New Hampshire a legitimate charity?
Based on AI analysis of IRS 990 filings, Education Alliance For New Hampshire (EIN: 20524025) some concerns. Mission Score: 75/100. 2 red flags identified, 3 strengths noted.
How does Education Alliance For New Hampshire spend its money?
Education Alliance For New Hampshire directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Education Alliance For New Hampshire tax-deductible?
Education Alliance For New Hampshire is registered as a tax-exempt nonprofit (EIN: 20524025). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Education Alliance For New Hampshire CEO make?
Education Alliance For New Hampshire's highest-compensated officer earns $2 annually. The organization reported $3.1M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Education Alliance For New Hampshire's spending goes to programs?
Education Alliance For New Hampshire directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Education Alliance For New Hampshire compare to similar nonprofits?
With a transparency score of 75/100 (Good), Education Alliance For New Hampshire is above average for NTEE category B80 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Education Alliance For New Hampshire located?
Education Alliance For New Hampshire is headquartered in Concord, New Hampshire and files with the IRS under EIN 20524025. It is classified under NTEE code B80.
How many years of IRS 990 filings does Education Alliance For New Hampshire have?
Education Alliance For 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 $3.1M in total revenue.
What is the nature of the significant liabilities reported, which were $6,113,864 in 2023 against $6,536,598 in assets?
The filings indicate a high proportion of liabilities relative to assets, which could be due to various factors such as program-related debt, capital expenditures, or specific funding structures. Further detail from the full IRS Form 990 would be needed to understand the composition and implications of these liabilities.
How does the organization manage to operate with 0% reported officer compensation, given its scale and growth?
The consistent reporting of 0% officer compensation suggests either a fully volunteer-led executive team or that executive compensation is categorized under other expense lines, such as salaries and wages for non-officer staff, or as contractor fees. This practice requires further investigation for complete transparency.
What is the organization's strategy for managing its slight operating deficit in 2023, where expenses ($2,140,204) exceeded revenue ($2,134,882)?
A slight operating deficit in a single year is not uncommon for nonprofits, especially if it's part of a strategic investment or covered by prior year surpluses. The organization's overall asset growth suggests a capacity to absorb such minor fluctuations, but understanding the specific cause and mitigation plan would be beneficial.
Filing History
IRS 990 filing history for Education Alliance For New Hampshire showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Education Alliance For New Hampshire's revenue has grown by 125.7%, moving from $946K to $2.1M. Total assets increased by 2660.9% over the same period, from $237K to $6.5M. Total functional expenses rose by 129.7%, from $932K to $2.1M. In its most recent filing year (2023), Education Alliance For New Hampshire reported a deficit of $5K, with expenses exceeding revenue. The organization holds $6.1M in liabilities against $6.5M in assets (debt-to-asset ratio: 93.5%), resulting in net assets of $423K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.1M | $2.1M | $6.5M | $6.1M | — | — |
| 2022 | $1.5M | $1.5M | $5.8M | $5.4M | — | View 990 |
| 2021 | $1.5M | $1.4M | $5.2M | $4.8M | — | View 990 |
| 2020 | $1.5M | $1.5M | $4.2M | $3.8M | — | View 990 |
| 2019 | $1.7M | $1.7M | $3.0M | $2.7M | — | View 990 |
| 2018 | $1.4M | $1.4M | $1.9M | $1.6M | — | View 990 |
| 2017 | $1.0M | $996K | $291K | $42K | — | View 990 |
| 2016 | $824K | $806K | $262K | $43K | — | View 990 |
| 2015 | $878K | $864K | $238K | $43K | — | View 990 |
| 2014 | $752K | $790K | $230K | $51K | — | View 990 |
| 2013 | $1.1M | $1.1M | $248K | $59K | — | View 990 |
| 2012 | $957K | $956K | $257K | $60K | — | View 990 |
| 2011 | $946K | $932K | $237K | $41K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.1M, expenses of $2.1M, and assets of $6.5M (revenue +42.1% year-over-year).
- 2022: Revenue of $1.5M, expenses of $1.5M, and assets of $5.8M (revenue -1.1% year-over-year).
- 2021: Revenue of $1.5M, expenses of $1.4M, and assets of $5.2M (revenue +0.6% year-over-year).
- 2020: Revenue of $1.5M, expenses of $1.5M, and assets of $4.2M (revenue -13.2% year-over-year).
- 2019: Revenue of $1.7M, expenses of $1.7M, and assets of $3.0M (revenue +20.6% year-over-year).
- 2018: Revenue of $1.4M, expenses of $1.4M, and assets of $1.9M (revenue +41.0% year-over-year).
- 2017: Revenue of $1.0M, expenses of $996K, and assets of $291K (revenue +24.4% year-over-year).
- 2016: Revenue of $824K, expenses of $806K, and assets of $262K (revenue -6.2% year-over-year).
- 2015: Revenue of $878K, expenses of $864K, and assets of $238K (revenue +16.8% year-over-year).
- 2014: Revenue of $752K, expenses of $790K, and assets of $230K (revenue -28.8% year-over-year).
- 2013: Revenue of $1.1M, expenses of $1.1M, and assets of $248K (revenue +10.2% year-over-year).
- 2012: Revenue of $957K, expenses of $956K, and assets of $257K (revenue +1.2% year-over-year).
- 2011: Revenue of $946K, expenses of $932K, and assets of $237K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Education Alliance For New Hampshire:
Data Sources and Methodology
This transparency report for Education Alliance For 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.