Friends Of Centennial Hall Inc

Friends Of Centennial Hall Inc maintains stable assets and volunteer leadership, with fluctuating but generally positive operating margins.

EIN: 20499309 · North Hampton, NH · NTEE: A80 · Updated: 2026-03-28

$135KRevenue

$1.0MAssets

85/100Mission Score (Excellent)

A80

About Friends Of Centennial Hall Inc

Friends Of Centennial Hall Inc (EIN: 20499309) is a nonprofit organization based in North Hampton, NH, classified under NTEE code A80. The organization reported total revenue of $135K and total assets of $1.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Friends Of Centennial Hall Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Friends Of Centennial Hall Inc demonstrates a generally stable financial position, with assets consistently over $1 million in recent years, reaching $1,161,326 in 2023. The organization's revenue has fluctuated, with a notable peak of $325,634 in 2019 and a more recent high of $214,887 in 2023. Expenses have also varied, but the organization has often operated with a surplus, such as in 2023 where revenue exceeded expenses by nearly $9,000. A key aspect of their financial health is the absence of reported officer compensation across all available filings, suggesting a volunteer-driven leadership model which can contribute to lower administrative costs. The organization's liabilities have remained relatively low compared to its assets, indicating good financial stability. The NTEE code A80 suggests a focus on historical societies and related activities, aligning with the 'Centennial Hall' name.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Friends Of Centennial Hall 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, Friends Of Centennial Hall 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.

Executive Compensation Analysis

The organization consistently reports 0% officer compensation across all available filings, indicating that its leadership is entirely volunteer-based, which significantly reduces administrative overhead.

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 Friends Of Centennial Hall Inc:

Consistent 0% officer compensation, indicating volunteer leadership and efficient use of funds.
Strong and growing asset base, reaching over $1.1 million in 2023.
Generally low liabilities relative to assets, demonstrating financial stability.
Often operates with a revenue surplus, such as $8,920 in 2023 ($214,887 revenue vs. $205,967 expenses).

Frequently Asked Questions about Friends Of Centennial Hall Inc

Is Friends Of Centennial Hall Inc a good charity?

Based on the available data, Friends Of Centennial Hall Inc appears to be a well-managed organization. It maintains a strong asset base, consistently reports 0% officer compensation, and generally operates with a surplus, indicating financial prudence. The lack of paid executive compensation suggests a high dedication to its mission and efficient use of funds.

How has the organization's financial health changed over time?

The organization's assets have grown significantly, from $462,947 in 2014 to $1,161,326 in 2023. Revenue and expenses have shown variability year-to-year, but the overall trend indicates growth in financial capacity and stability, with liabilities remaining low relative to assets.

What is the organization's approach to executive compensation?

Friends Of Centennial Hall Inc does not report any officer compensation in any of its filings, indicating a volunteer-led executive team. This is a strong positive for donor confidence as it means more funds are available for programmatic activities.

Filing History

IRS 990 filing history for Friends Of Centennial Hall Inc showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Friends Of Centennial Hall Inc's revenue has grown by 351.6%, moving from $48K to $215K. Total assets increased by 161% over the same period, from $445K to $1.2M. Total functional expenses rose by 289.2%, from $53K to $206K. In its most recent filing year (2023), Friends Of Centennial Hall Inc reported a surplus of $9K, with revenue exceeding expenses. The organization holds $130K in liabilities against $1.2M in assets (debt-to-asset ratio: 11.2%), resulting in net assets of $1.0M.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$215K	$206K	$1.2M	$130K	—	—
2022	$53K	$81K	$1.2M	$136K	—	—
2021	$170K	$129K	$1.2M	$138K	—	—
2020	$137K	$45K	$1.2M	$138K	—	—
2019	$326K	$51K	$925K	$1K	—	View 990
2018	$97K	$69K	$631K	$1K	—	View 990
2017	$168K	$47K	$603K	$1K	—	View 990
2016	$53K	$44K	$495K	$2K	—	View 990
2015	$51K	$54K	$494K	$1K	—	View 990
2014	$92K	$55K	$463K	$1K	—	View 990
2013	$48K	$52K	$435K	$10K	—	View 990
2012	$35K	$51K	$429K	$0	—	View 990
2011	$48K	$53K	$445K	$0	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $215K, expenses of $206K, and assets of $1.2M (revenue +305.7% year-over-year).
2022: Revenue of $53K, expenses of $81K, and assets of $1.2M (revenue -68.9% year-over-year).
2021: Revenue of $170K, expenses of $129K, and assets of $1.2M (revenue +24.5% year-over-year).
2020: Revenue of $137K, expenses of $45K, and assets of $1.2M (revenue -57.9% year-over-year).
2019: Revenue of $326K, expenses of $51K, and assets of $925K (revenue +234.3% year-over-year).
2018: Revenue of $97K, expenses of $69K, and assets of $631K (revenue -42.1% year-over-year).
2017: Revenue of $168K, expenses of $47K, and assets of $603K (revenue +219.7% year-over-year).
2016: Revenue of $53K, expenses of $44K, and assets of $495K (revenue +3.9% year-over-year).
2015: Revenue of $51K, expenses of $54K, and assets of $494K (revenue -44.7% year-over-year).
2014: Revenue of $92K, expenses of $55K, and assets of $463K (revenue +90.9% year-over-year).
2013: Revenue of $48K, expenses of $52K, and assets of $435K (revenue +36.8% year-over-year).
2012: Revenue of $35K, expenses of $51K, and assets of $429K (revenue -26.3% year-over-year).
2011: Revenue of $48K, expenses of $53K, and assets of $445K.

Data Sources and Methodology

This transparency report for Friends Of Centennial Hall 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.