Family Promise Of Southern New Hampshire
Family Promise Of Southern New Hampshire experiences recent operational deficits despite significant asset growth.
EIN: 20528837 · Nashua, NH · NTEE: P85 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.1M |
| Total Expenses | $1.5M |
| Program Spending | 75% |
| CEO/Top Officer Pay | $1 |
| Net Assets | $4.1M |
| Transparency Score | 80/100 |
Is Family Promise Of Southern New Hampshire Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Family Promise Of Southern New Hampshire directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Family Promise Of Southern New Hampshire
Family Promise Of Southern New Hampshire (EIN: 20528837) is a nonprofit organization based in Nashua, NH, classified under NTEE code P85. The organization reported total revenue of $1.1M and total assets of $5.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Family Promise Of Southern New Hampshire's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Family Promise Of Southern New Hampshire is a mid-size 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 8.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $944K |
| Total Expenses | $1.5M |
| Surplus / Deficit | $-508,773 |
| Total Assets | $5.8M |
| Total Liabilities | $1.8M |
| Net Assets | $4.1M |
| Operating Margin | -53.9% |
| Debt-to-Asset Ratio | 30.3% |
| Months of Reserves | 48.2 months |
Financial Health Grade: B
In 2023, Family Promise Of Southern New Hampshire reported a deficit of $509K with expenses exceeding revenue, holds 48.2 months of operating reserves (strong position), has a debt-to-asset ratio of 30.3% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Family Promise Of Southern New Hampshire's revenue has grown at a compound annual growth rate (CAGR) of 8.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -11.4% | +25.9% | +38.1% |
| 2022 | -29.3% | +11.3% | -9.9% |
| 2021 | -61.7% | +107.1% | -6.2% |
| 2020 | +723.3% | +20.6% | +917.2% |
| 2019 | -2.6% | +10.4% | +13.3% |
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 Family Promise Of Southern New Hampshire with a Mission Score of 80 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: 15%
- programs: 75%
- fundraising: 10%
According to IRS 990 filings, Family Promise Of Southern New Hampshire allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% 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 $509K, with expenses exceeding revenue.
- Debt-to-asset ratio: 30.3%.
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 commendable for a nonprofit of its size with over $1 million in annual revenue.
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 Family Promise Of Southern New Hampshire's IRS 990 filings:
- Operational deficits in the last two reported periods (2022 and 2023), with expenses exceeding revenue by $88,170 and $508,773 respectively.
- Significant volatility in annual revenue, peaking at $3,935,395 in 2020 and dropping to $943,843 in 2023, which could indicate reliance on inconsistent funding sources.
- Fluctuating liabilities, reaching $1,766,797 in 2023, which is a substantial increase from $17,269 in 2022.
Strengths
The following positive indicators were identified for Family Promise Of Southern New Hampshire:
- Zero officer compensation reported across all filings, demonstrating a strong commitment to mission-focused spending.
- Substantial asset growth, from $110,288 in 2016 to $5,881,691 in the latest period, indicating significant capacity building.
- Consistent history of IRS 990 filings (13 filings), suggesting good compliance and transparency.
Frequently Asked Questions about Family Promise Of Southern New Hampshire
Is Family Promise Of Southern New Hampshire a legitimate charity?
Based on AI analysis of IRS 990 filings, Family Promise Of Southern New Hampshire (EIN: 20528837) some concerns. Mission Score: 80/100. 3 red flags identified, 3 strengths noted.
How does Family Promise Of Southern New Hampshire spend its money?
Family Promise Of Southern New Hampshire directs 75% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Family Promise Of Southern New Hampshire tax-deductible?
Family Promise Of Southern New Hampshire is registered as a tax-exempt nonprofit (EIN: 20528837). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Family Promise Of Southern New Hampshire CEO make?
Family Promise Of Southern New Hampshire's highest-compensated officer earns $1 annually. The organization reported $1.1M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Family Promise Of Southern New Hampshire's spending goes to programs?
Family Promise Of Southern New Hampshire directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Family Promise Of Southern New Hampshire compare to similar nonprofits?
With a transparency score of 80/100 (Excellent), Family Promise Of Southern New Hampshire is above average for NTEE category P85 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Family Promise Of Southern New Hampshire located?
Family Promise Of Southern New Hampshire is headquartered in Nashua, New Hampshire and files with the IRS under EIN 20528837. It is classified under NTEE code P85.
How many years of IRS 990 filings does Family Promise Of Southern New Hampshire have?
Family Promise Of Southern 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 $1.1M in total revenue.
Is Family Promise Of Southern New Hampshire financially stable given recent deficits?
While the organization has reported operational deficits in 2022 and 2023, its substantial assets of $5,881,691 provide a significant buffer. However, sustained deficits could erode these assets over time, making long-term financial stability dependent on reversing this trend.
What caused the large increase in assets between 2019 and 2020?
The assets jumped from $491,673 in 2019 to $5,001,140 in 2020. This significant increase likely indicates a major capital campaign, a large one-time donation, or the acquisition of substantial property or investments during that period.
How does the organization manage its liabilities?
Liabilities have fluctuated significantly, from $1,031,865 in 2020 to $17,269 in 2022, and then up to $1,766,797 in 2023. This volatility suggests varying levels of short-term debt or deferred revenue, which should be monitored to ensure they are manageable relative to assets.
Filing History
IRS 990 filing history for Family Promise Of Southern New Hampshire showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Family Promise Of Southern New Hampshire's revenue has grown by 162.3%, moving from $360K to $944K. Total assets increased by 4554.9% over the same period, from $125K to $5.8M. Total functional expenses rose by 359.8%, from $316K to $1.5M. In its most recent filing year (2023), Family Promise Of Southern New Hampshire reported a deficit of $509K, with expenses exceeding revenue. The organization holds $1.8M in liabilities against $5.8M in assets (debt-to-asset ratio: 30.3%), resulting in net assets of $4.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $944K | $1.5M | $5.8M | $1.8M | — | — |
| 2022 | $1.1M | $1.2M | $4.2M | $17K | — | View 990 |
| 2021 | $1.5M | $1.0M | $4.7M | $344K | — | View 990 |
| 2020 | $3.9M | $500K | $5.0M | $1.0M | — | View 990 |
| 2019 | $478K | $415K | $492K | $7K | — | View 990 |
| 2018 | $491K | $376K | $434K | $36K | — | View 990 |
| 2017 | $410K | $288K | $296K | $32K | — | View 990 |
| 2016 | $304K | $337K | $110K | $0 | — | View 990 |
| 2015 | $305K | $297K | $146K | $0 | — | View 990 |
| 2014 | $264K | $248K | $171K | $34K | — | View 990 |
| 2013 | $279K | $286K | $163K | $43K | — | View 990 |
| 2012 | $342K | $333K | $146K | $19K | — | View 990 |
| 2011 | $360K | $316K | $125K | $7K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $944K, expenses of $1.5M, and assets of $5.8M (revenue -11.4% year-over-year).
- 2022: Revenue of $1.1M, expenses of $1.2M, and assets of $4.2M (revenue -29.3% year-over-year).
- 2021: Revenue of $1.5M, expenses of $1.0M, and assets of $4.7M (revenue -61.7% year-over-year).
- 2020: Revenue of $3.9M, expenses of $500K, and assets of $5.0M (revenue +723.3% year-over-year).
- 2019: Revenue of $478K, expenses of $415K, and assets of $492K (revenue -2.6% year-over-year).
- 2018: Revenue of $491K, expenses of $376K, and assets of $434K (revenue +19.8% year-over-year).
- 2017: Revenue of $410K, expenses of $288K, and assets of $296K (revenue +34.7% year-over-year).
- 2016: Revenue of $304K, expenses of $337K, and assets of $110K (revenue -0.4% year-over-year).
- 2015: Revenue of $305K, expenses of $297K, and assets of $146K (revenue +15.7% year-over-year).
- 2014: Revenue of $264K, expenses of $248K, and assets of $171K (revenue -5.4% year-over-year).
- 2013: Revenue of $279K, expenses of $286K, and assets of $163K (revenue -18.4% year-over-year).
- 2012: Revenue of $342K, expenses of $333K, and assets of $146K (revenue -5.0% year-over-year).
- 2011: Revenue of $360K, expenses of $316K, and assets of $125K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Family Promise Of Southern New Hampshire:
Data Sources and Methodology
This transparency report for Family Promise Of Southern 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.