Foresters Club
Foresters Club shows stable finances with growing assets and no executive compensation.
EIN: 20209526 · Newport, NH · NTEE: N50 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $229K |
| Total Expenses | $116K |
| Program Spending | 85% |
| CEO/Top Officer Pay | $72,814 |
| Net Assets | $60K |
| Transparency Score | 90/100 |
Is Foresters Club Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Foresters Club directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Foresters Club
Foresters Club (EIN: 20209526) is a nonprofit organization based in Newport, NH, classified under NTEE code N50. The organization reported total revenue of $229K and total assets of $85K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Foresters Club's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Foresters Club is a small nonprofit that has been operating for 7 years, with 7 years of IRS 990 filings on record (2017–2023). Revenue has grown at a compound annual rate of 7.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $132K |
| Total Expenses | $116K |
| Surplus / Deficit | +$16K |
| Total Assets | $60K |
| Net Assets | $60K |
| Operating Margin | 11.9% |
| Months of Reserves | 6.1 months |
Financial Health Grade: A
In 2023, Foresters Club reported a surplus of $16K with revenue exceeding expenses, holds 6.1 months of operating reserves (strong position).
Financial Trends
Over 7 years of filings (2017–2023), Foresters Club's revenue has grown at a compound annual growth rate (CAGR) of 7.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +22.5% | +11.3% | +24.8% |
| 2022 | +27.3% | +21.4% | +13.5% |
| 2021 | +16.4% | +5.0% | -3.5% |
| 2020 | -17.6% | -23.8% | -17.3% |
| 2019 | -2.7% | +2.2% | -22.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2019 |
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 Foresters Club 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: 85%
- fundraising: 5%
According to IRS 990 filings, Foresters Club 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 surplus of $16K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is consistently reported at 0% across all seven years of filings, indicating that no officer salaries are paid, which is highly commendable for an organization of its size with revenues ranging from $72,814 to $132,161.
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 Foresters Club:
- Consistent financial surpluses in recent years (e.g., $15,683 in 2023)
- Growing asset base (from $47,809 in 2022 to $59,673 in 2023)
- Zero reported liabilities in the latest filing (2023)
- 0% officer compensation across all reported periods, indicating high efficiency
- Consistent IRS 990 filing history demonstrating transparency
Frequently Asked Questions about Foresters Club
Is Foresters Club a legitimate charity?
Foresters Club (EIN: 20209526) is a registered tax-exempt nonprofit based in New Hampshire. Our AI analysis gives it a Mission Score of 90/100. It has 7 years of IRS 990 filings on record. Total revenue: $229K. No red flags identified. 5 strengths noted. Financial health grade: A.
How does Foresters Club spend its money?
Foresters Club directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Foresters Club tax-deductible?
Foresters Club is registered as a tax-exempt nonprofit (EIN: 20209526). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Foresters Club CEO make?
Foresters Club's highest-compensated officer earns $72,814 annually. The organization reported $229K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Foresters Club's spending goes to programs?
Foresters Club directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Foresters Club compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Foresters Club is above average for NTEE category N50 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Foresters Club located?
Foresters Club is headquartered in Newport, New Hampshire and files with the IRS under EIN 20209526. It is classified under NTEE code N50.
How many years of IRS 990 filings does Foresters Club have?
Foresters Club has 7 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 $229K in total revenue.
Is Foresters Club a good charity?
Based on the provided financial data, Foresters Club appears to be a well-managed organization. It consistently operates with a surplus in recent years (e.g., $15,683 in 2023), has growing assets, and reports 0% officer compensation, all of which are strong indicators of financial health and a commitment to its mission.
How has Foresters Club's financial health changed over time?
Foresters Club has shown a positive trend in financial health. While there were periods of expenses exceeding revenue in earlier years (e.g., 2019, 2018), the organization has consistently generated surpluses since 2022, with assets growing from $47,809 in 2022 to $59,673 in 2023, and liabilities reduced to $0 in the latest filing.
What is the organization's approach to executive compensation?
The organization's approach to executive compensation is highly conservative, reporting 0% officer compensation across all seven years of available data. This indicates that leadership is either volunteer-based or compensated through other means not classified as officer compensation, allowing more funds to be directed towards its mission.
Filing History
IRS 990 filing history for Foresters Club showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2017–2023), Foresters Club's revenue has grown by 57.4%, moving from $84K to $132K. Total assets decreased by 25.2% over the same period, from $80K to $60K. Total functional expenses rose by 31%, from $89K to $116K. In its most recent filing year (2023), Foresters Club reported a surplus of $16K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $132K | $116K | $60K | $0 | — | — |
| 2022 | $108K | $105K | $48K | $24K | — | — |
| 2021 | $85K | $86K | $42K | $21K | — | View 990 |
| 2020 | $73K | $82K | $44K | $21K | — | — |
| 2019 | $88K | $108K | $53K | $21K | — | View 990 |
| 2018 | $91K | $105K | $68K | $17K | — | View 990 |
| 2017 | $84K | $89K | $80K | $14K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $132K, expenses of $116K, and assets of $60K (revenue +22.5% year-over-year).
- 2022: Revenue of $108K, expenses of $105K, and assets of $48K (revenue +27.3% year-over-year).
- 2021: Revenue of $85K, expenses of $86K, and assets of $42K (revenue +16.4% year-over-year).
- 2020: Revenue of $73K, expenses of $82K, and assets of $44K (revenue -17.6% year-over-year).
- 2019: Revenue of $88K, expenses of $108K, and assets of $53K (revenue -2.7% year-over-year).
- 2018: Revenue of $91K, expenses of $105K, and assets of $68K (revenue +8.2% year-over-year).
- 2017: Revenue of $84K, expenses of $89K, and assets of $80K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Foresters Club:
Data Sources and Methodology
This transparency report for Foresters Club 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.