Exeter Fine Crafts Inc
Exeter Fine Crafts Inc. maintains stable operations with consistent revenue and expenses, reporting no officer compensation.
EIN: 20270374 · Exeter, NH · NTEE: A20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $503K |
| Total Expenses | $266K |
| Program Spending | 85% |
| Net Assets | $230K |
| Transparency Score | 85/100 |
Is Exeter Fine Crafts Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Exeter Fine Crafts Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Exeter Fine Crafts Inc
Exeter Fine Crafts Inc (EIN: 20270374) is a nonprofit organization based in Exeter, NH, classified under NTEE code A20. The organization reported total revenue of $503K and total assets of $272K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Exeter Fine Crafts Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Exeter Fine Crafts Inc is a small nonprofit that has been operating for 14 years, with 12 years of IRS 990 filings on record (2013–2024). Revenue has grown at a compound annual rate of 1.8%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $253K |
| Total Expenses | $266K |
| Surplus / Deficit | $-13,446 |
| Total Assets | $264K |
| Total Liabilities | $33K |
| Net Assets | $230K |
| Operating Margin | -5.3% |
| Debt-to-Asset Ratio | 12.7% |
| Months of Reserves | 11.9 months |
Financial Health Grade: B
In 2024, Exeter Fine Crafts Inc reported a deficit of $13K with expenses exceeding revenue, holds 11.9 months of operating reserves (strong position), has a debt-to-asset ratio of 12.7% (very low leverage).
Financial Trends
Over 12 years of filings (2013–2024), Exeter Fine Crafts Inc's revenue has grown at a compound annual growth rate (CAGR) of 1.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +14.5% | +14.7% | -6.3% |
| 2023 | +2.4% | +14.9% | -3.5% |
| 2022 | -1.1% | +47.0% | +8.2% |
| 2021 | +10.5% | -31.3% | +50.4% |
| 2020 | -8.4% | -2.9% | -6.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2012 |
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 Exeter Fine Crafts Inc with a Mission Score of 85 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Exeter Fine Crafts Inc 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $13K, with expenses exceeding revenue.
- Debt-to-asset ratio: 12.7%.
Executive Compensation Analysis
Exeter Fine Crafts Inc. consistently reports 0% officer compensation across all available IRS 990 filings, indicating that executive leadership is either entirely volunteer-based or compensated below reporting thresholds, which is highly efficient for an organization of its size.
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.
Strengths
The following positive indicators were identified for Exeter Fine Crafts Inc:
- Consistent financial reporting with 12 IRS 990 filings.
- Zero reported officer compensation, indicating high efficiency in leadership costs.
- Consistent growth in assets over the past decade, from $158,913 in 2015 to $263,530 in 2024.
- Stable revenue streams, generally covering expenses over the long term.
- Low liabilities relative to assets, indicating good financial health (e.g., $33,481 liabilities vs. $263,530 assets in 2024).
Frequently Asked Questions about Exeter Fine Crafts Inc
Is Exeter Fine Crafts Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Exeter Fine Crafts Inc (EIN: 20270374) appears legitimate. Mission Score: 85/100. 0 red flags identified, 5 strengths noted.
How does Exeter Fine Crafts Inc spend its money?
Exeter Fine Crafts Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Exeter Fine Crafts Inc tax-deductible?
Exeter Fine Crafts Inc is registered as a tax-exempt nonprofit (EIN: 20270374). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Exeter Fine Crafts Inc's spending goes to programs?
Exeter Fine Crafts Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Exeter Fine Crafts Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Exeter Fine Crafts Inc is above average for NTEE category A20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Exeter Fine Crafts Inc located?
Exeter Fine Crafts Inc is headquartered in Exeter, New Hampshire and files with the IRS under EIN 20270374. It is classified under NTEE code A20.
How many years of IRS 990 filings does Exeter Fine Crafts Inc have?
Exeter Fine Crafts Inc 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 $503K in total revenue.
Is Exeter Fine Crafts Inc. financially stable?
Yes, Exeter Fine Crafts Inc. appears financially stable. While the latest period (202403) shows a slight deficit ($252,974 revenue vs. $266,420 expenses), its assets have grown consistently from $158,913 in 2015 to $263,530 in 2024, indicating a healthy balance sheet.
How does Exeter Fine Crafts Inc. manage executive compensation?
Exeter Fine Crafts Inc. reports 0% officer compensation in all available IRS 990 filings, suggesting a highly efficient model where executive leadership is either volunteer-based or compensated minimally.
Has the organization's revenue grown over time?
Yes, the organization's revenue has shown growth. While there are fluctuations, revenue has increased from approximately $197,633 in 2015 to $252,974 in 2024, with a peak of $503,032 in the latest reported 'Latest Revenue' figure, indicating an upward trend.
Filing History
IRS 990 filing history for Exeter Fine Crafts Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2013–2024), Exeter Fine Crafts Inc's revenue has grown by 22.1%, moving from $207K to $253K. Total assets increased by 94.2% over the same period, from $136K to $264K. Total functional expenses rose by 40.2%, from $190K to $266K. In its most recent filing year (2024), Exeter Fine Crafts Inc reported a deficit of $13K, with expenses exceeding revenue. The organization holds $33K in liabilities against $264K in assets (debt-to-asset ratio: 12.7%), resulting in net assets of $230K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $253K | $266K | $264K | $33K | — | — |
| 2023 | $221K | $232K | $281K | $38K | — | — |
| 2022 | $216K | $202K | $291K | $37K | — | View 990 |
| 2021 | $218K | $137K | $269K | $28K | — | View 990 |
| 2020 | $198K | $200K | $179K | $19K | — | View 990 |
| 2019 | $216K | $206K | $191K | $28K | — | View 990 |
| 2018 | $200K | $190K | $184K | $31K | — | View 990 |
| 2017 | $201K | $198K | $172K | $29K | — | View 990 |
| 2016 | $200K | $191K | $173K | $32K | — | View 990 |
| 2015 | $198K | $188K | $159K | $27K | — | View 990 |
| 2014 | $208K | $191K | $151K | $30K | — | View 990 |
| 2013 | $207K | $190K | $136K | $32K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $253K, expenses of $266K, and assets of $264K (revenue +14.5% year-over-year).
- 2023: Revenue of $221K, expenses of $232K, and assets of $281K (revenue +2.4% year-over-year).
- 2022: Revenue of $216K, expenses of $202K, and assets of $291K (revenue -1.1% year-over-year).
- 2021: Revenue of $218K, expenses of $137K, and assets of $269K (revenue +10.5% year-over-year).
- 2020: Revenue of $198K, expenses of $200K, and assets of $179K (revenue -8.4% year-over-year).
- 2019: Revenue of $216K, expenses of $206K, and assets of $191K (revenue +8.0% year-over-year).
- 2018: Revenue of $200K, expenses of $190K, and assets of $184K (revenue -0.8% year-over-year).
- 2017: Revenue of $201K, expenses of $198K, and assets of $172K (revenue +0.7% year-over-year).
- 2016: Revenue of $200K, expenses of $191K, and assets of $173K (revenue +1.1% year-over-year).
- 2015: Revenue of $198K, expenses of $188K, and assets of $159K (revenue -5.1% year-over-year).
- 2014: Revenue of $208K, expenses of $191K, and assets of $151K (revenue +0.6% year-over-year).
- 2013: Revenue of $207K, expenses of $190K, and assets of $136K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Exeter Fine Crafts Inc:
Data Sources and Methodology
This transparency report for Exeter Fine Crafts 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.