Friends Of Abenaki
Friends Of Abenaki shows volatile revenue and expenses, operating without paid executive compensation.
EIN: 161737515 · Wolfeboro, NH · NTEE: S20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $3K |
| Total Expenses | $16K |
| Program Spending | 85% |
| Net Assets | $36K |
| Transparency Score | 70/100 |
Is Friends Of Abenaki Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Friends Of Abenaki directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Friends Of Abenaki
Friends Of Abenaki (EIN: 161737515) is a nonprofit organization based in Wolfeboro, NH, classified under NTEE code S20. The organization reported total revenue of $3K and total assets of $18K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Friends Of Abenaki's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Friends Of Abenaki is a micro nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -9.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $33K |
| Total Expenses | $16K |
| Surplus / Deficit | +$18K |
| Total Assets | $36K |
| Net Assets | $36K |
| Operating Margin | 52.9% |
| Months of Reserves | 27.3 months |
Financial Health Grade: A
In 2023, Friends Of Abenaki reported a surplus of $18K with revenue exceeding expenses, holds 27.3 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Friends Of Abenaki's revenue has declined at a compound annual growth rate (CAGR) of -9.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -43.0% | -87.3% | +98.0% |
| 2022 | -72.0% | -52.9% | -78.2% |
| 2021 | +92.4% | +4341.5% | -38.9% |
| 2020 | +422.0% | -85.0% | +312.4% |
| 2019 | -31.8% | +474.3% | -36.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
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 Friends Of Abenaki with a Mission Score of 70 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, Friends Of Abenaki 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 $18K, with revenue exceeding expenses.
Executive Compensation Analysis
Friends Of Abenaki consistently reports 0% officer compensation across all available filings, indicating that no executives are paid. This suggests a volunteer-driven leadership structure, which significantly reduces administrative overhead 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.
Red Flags
The following concerns were identified during AI analysis of Friends Of Abenaki's IRS 990 filings:
- Highly volatile revenue and expenses over the past decade, making financial planning challenging.
- Significant fluctuations in assets, from $135,697 in 2020 to $18,067 in 2022, indicating potential instability.
Strengths
The following positive indicators were identified for Friends Of Abenaki:
- Consistent reporting of 0% officer compensation, indicating a volunteer-driven model and low administrative overhead.
- Consistent filing of IRS Form 990s over 13 periods, demonstrating transparency and compliance.
- No reported liabilities across all filings, suggesting sound financial management in avoiding debt.
Frequently Asked Questions about Friends Of Abenaki
Is Friends Of Abenaki a legitimate charity?
Friends Of Abenaki (EIN: 161737515) is a registered tax-exempt nonprofit based in New Hampshire. Our AI analysis gives it a Mission Score of 70/100. It has 13 years of IRS 990 filings on record. Total revenue: $3K. 2 red flags identified. 3 strengths noted. Financial health grade: A.
How does Friends Of Abenaki spend its money?
Friends Of Abenaki directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Friends Of Abenaki tax-deductible?
Friends Of Abenaki is registered as a tax-exempt nonprofit (EIN: 161737515). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Friends Of Abenaki's spending goes to programs?
Friends Of Abenaki directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Friends Of Abenaki compare to similar nonprofits?
With a transparency score of 70/100 (Good), Friends Of Abenaki is above average for NTEE category S20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Friends Of Abenaki located?
Friends Of Abenaki is headquartered in Wolfeboro, New Hampshire and files with the IRS under EIN 161737515. It is classified under NTEE code S20.
How many years of IRS 990 filings does Friends Of Abenaki have?
Friends Of Abenaki 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 $3K in total revenue.
Is Friends Of Abenaki a good charity?
Friends Of Abenaki demonstrates a commitment to its mission by operating without paid executive compensation, which is a positive indicator of efficiency. However, its financial stability has been inconsistent, with significant fluctuations in revenue and expenses over the years. Donors should consider the organization's small scale and volunteer-driven model.
How has Friends Of Abenaki's financial health changed over time?
The organization's financial health has been highly volatile. For example, revenue peaked at $290,749 in 2015 and $209,148 in 2021, but dropped to $33,442 in 2023. Expenses have also varied widely, from $5,898 in 2020 to $395,497 in 2015, indicating periods of both significant surplus and deficit.
What is the organization's approach to executive compensation?
Friends Of Abenaki has a clear approach to executive compensation: there is none. All available IRS 990 filings show 0% officer compensation, suggesting that the organization's leadership is entirely volunteer-based.
Filing History
IRS 990 filing history for Friends Of Abenaki showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Friends Of Abenaki's revenue has declined by 71.2%, moving from $116K to $33K. Total assets decreased by 87.5% over the same period, from $286K to $36K. Total functional expenses rose by 24.6%, from $13K to $16K. In its most recent filing year (2023), Friends Of Abenaki reported a surplus of $18K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $33K | $16K | $36K | $0 | — | View 990 |
| 2022 | $59K | $123K | $18K | $0 | — | View 990 |
| 2021 | $209K | $262K | $83K | $0 | — | — |
| 2020 | $109K | $6K | $136K | $0 | — | View 990 |
| 2019 | $21K | $39K | $33K | $0 | — | View 990 |
| 2018 | $31K | $7K | $51K | $0 | — | View 990 |
| 2017 | $36K | $44K | $28K | $0 | — | View 990 |
| 2016 | $25K | $7K | $37K | $0 | — | View 990 |
| 2015 | $291K | $395K | $18K | $0 | — | — |
| 2014 | $130K | $21K | $123K | $0 | — | View 990 |
| 2013 | $24K | $13K | $15K | $0 | — | View 990 |
| 2012 | $26K | $308K | $4K | $0 | — | View 990 |
| 2011 | $116K | $13K | $286K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $33K, expenses of $16K, and assets of $36K (revenue -43.0% year-over-year).
- 2022: Revenue of $59K, expenses of $123K, and assets of $18K (revenue -72.0% year-over-year).
- 2021: Revenue of $209K, expenses of $262K, and assets of $83K (revenue +92.4% year-over-year).
- 2020: Revenue of $109K, expenses of $6K, and assets of $136K (revenue +422.0% year-over-year).
- 2019: Revenue of $21K, expenses of $39K, and assets of $33K (revenue -31.8% year-over-year).
- 2018: Revenue of $31K, expenses of $7K, and assets of $51K (revenue -14.0% year-over-year).
- 2017: Revenue of $36K, expenses of $44K, and assets of $28K (revenue +43.0% year-over-year).
- 2016: Revenue of $25K, expenses of $7K, and assets of $37K (revenue -91.5% year-over-year).
- 2015: Revenue of $291K, expenses of $395K, and assets of $18K (revenue +124.2% year-over-year).
- 2014: Revenue of $130K, expenses of $21K, and assets of $123K (revenue +437.3% year-over-year).
- 2013: Revenue of $24K, expenses of $13K, and assets of $15K (revenue -5.5% year-over-year).
- 2012: Revenue of $26K, expenses of $308K, and assets of $4K (revenue -78.0% year-over-year).
- 2011: Revenue of $116K, expenses of $13K, and assets of $286K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Friends Of Abenaki:
Data Sources and Methodology
This transparency report for Friends Of Abenaki 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.