Fall Foliage Festival Inc
Fall Foliage Festival Inc. maintains stable finances with no executive compensation and zero liabilities in recent years.
EIN: 20331950 · Warner, NH · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $79K |
| Total Expenses | $31K |
| Program Spending | 90% |
| Net Assets | $37K |
| Transparency Score | 90/100 |
Is Fall Foliage Festival Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Fall Foliage Festival Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Fall Foliage Festival Inc
Fall Foliage Festival Inc (EIN: 20331950) is a nonprofit organization based in Warner, NH. The organization reported total revenue of $79K and total assets of $55K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Fall Foliage Festival Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Fall Foliage Festival Inc is a micro nonprofit that has been operating for 49 years, with 11 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 5.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $30K |
| Total Expenses | $31K |
| Surplus / Deficit | $-576 |
| Total Assets | $37K |
| Net Assets | $37K |
| Operating Margin | -1.9% |
| Months of Reserves | 14.3 months |
Financial Health Grade: B
In 2023, Fall Foliage Festival Inc reported a deficit of $576 with expenses exceeding revenue, holds 14.3 months of operating reserves (strong position).
Financial Trends
Over 11 years of filings (2010–2023), Fall Foliage Festival Inc's revenue has grown at a compound annual growth rate (CAGR) of 5.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +7.2% | +68.1% | -1.5% |
| 2022 | +37.6% | -21.5% | -37.0% |
| 2019 | +24.7% | +105.8% | -4.6% |
| 2018 | -58.6% | -64.7% | +8.9% |
| 2017 | +593.8% | +401.0% | +6.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 3000 |
| IRS Ruling Date | 1977 |
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 Fall Foliage Festival Inc with a Mission Score of 90 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: 90%
- fundraising: 0%
According to IRS 990 filings, Fall Foliage Festival Inc allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. 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 deficit of $576, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no officers receive salaries from the organization. This is highly favorable, suggesting all operational funds are directed towards the organization's mission rather than executive salaries.
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 Fall Foliage Festival Inc:
- Consistent 0% officer compensation, indicating high efficiency in directing funds to mission.
- Zero liabilities reported in recent years (2017-2023), demonstrating strong financial health and responsible management.
- Stable asset base relative to its operational size, providing a buffer for operations.
- Consistent IRS 990 filing history (11 filings), indicating good transparency and compliance.
- Expenses generally align with revenue, showing prudent financial management and sustainability.
Frequently Asked Questions about Fall Foliage Festival Inc
Is Fall Foliage Festival Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Fall Foliage Festival Inc (EIN: 20331950) appears legitimate. Mission Score: 90/100. 0 red flags identified, 5 strengths noted.
How does Fall Foliage Festival Inc spend its money?
Fall Foliage Festival Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Fall Foliage Festival Inc tax-deductible?
Fall Foliage Festival Inc is registered as a tax-exempt nonprofit (EIN: 20331950). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Fall Foliage Festival Inc located?
Fall Foliage Festival Inc is headquartered in Warner, New Hampshire and files with the IRS under EIN 20331950.
How many years of IRS 990 filings does Fall Foliage Festival Inc have?
Fall Foliage Festival Inc has 11 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 $79K in total revenue.
Is Fall Foliage Festival Inc. a good charity?
Based on the available financial data, Fall Foliage Festival Inc. appears to be a well-managed organization. It consistently reports 0% officer compensation, has maintained stable assets, and has reported zero liabilities in recent years (2017-2023), all of which are positive indicators of responsible financial stewardship.
How has the organization's revenue trended over time?
Revenue has fluctuated but shown an upward trend in recent years, from $16,490 in 2018 to $30,335 in 2023, indicating growing support or activity for the festival.
What is the organization's financial stability?
The organization demonstrates strong financial stability, particularly with zero reported liabilities from 2017 to 2023 and consistent asset levels relative to its operational size. This suggests it operates within its means and manages its finances prudently.
Does Fall Foliage Festival Inc. pay its executives?
No, the IRS 990 filings consistently report 0% officer compensation, indicating that no executives or officers are paid salaries by the organization.
Are there any significant financial risks for this organization?
Based on the provided data, there are no significant financial risks apparent. The organization has no liabilities in recent years and manages its expenses closely with its revenue, suggesting a low-risk financial profile.
Filing History
IRS 990 filing history for Fall Foliage Festival Inc showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2010–2023), Fall Foliage Festival Inc's revenue has grown by 87.7%, moving from $16K to $30K. Total assets decreased by 43.7% over the same period, from $65K to $37K. Total functional expenses rose by 840.4%, from $3K to $31K. In its most recent filing year (2023), Fall Foliage Festival Inc reported a deficit of $576, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $30K | $31K | $37K | $0 | — | — |
| 2022 | $28K | $18K | $37K | $0 | — | View 990 |
| 2019 | $21K | $23K | $59K | $0 | — | View 990 |
| 2018 | $16K | $11K | $62K | $0 | — | View 990 |
| 2017 | $40K | $32K | $57K | $0 | — | View 990 |
| 2015 | $6K | $6K | $54K | $11K | — | View 990 |
| 2014 | $11K | $7K | $56K | $13K | — | View 990 |
| 2013 | $4K | $9K | $50K | $10K | — | View 990 |
| 2012 | $1K | $3K | $57K | $12K | — | View 990 |
| 2011 | $10K | $2K | $62K | $14K | — | View 990 |
| 2010 | $16K | $3K | $65K | $13K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $30K, expenses of $31K, and assets of $37K (revenue +7.2% year-over-year).
- 2022: Revenue of $28K, expenses of $18K, and assets of $37K (revenue +37.6% year-over-year).
- 2019: Revenue of $21K, expenses of $23K, and assets of $59K (revenue +24.7% year-over-year).
- 2018: Revenue of $16K, expenses of $11K, and assets of $62K (revenue -58.6% year-over-year).
- 2017: Revenue of $40K, expenses of $32K, and assets of $57K (revenue +593.8% year-over-year).
- 2015: Revenue of $6K, expenses of $6K, and assets of $54K (revenue -46.9% year-over-year).
- 2014: Revenue of $11K, expenses of $7K, and assets of $56K (revenue +161.0% year-over-year).
- 2013: Revenue of $4K, expenses of $9K, and assets of $50K (revenue +235.0% year-over-year).
- 2012: Revenue of $1K, expenses of $3K, and assets of $57K (revenue -87.8% year-over-year).
- 2011: Revenue of $10K, expenses of $2K, and assets of $62K (revenue -37.4% year-over-year).
- 2010: Revenue of $16K, expenses of $3K, and assets of $65K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Fall Foliage Festival Inc:
Data Sources and Methodology
This transparency report for Fall Foliage Festival 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.