Friends Of Londonderry Hockey

Friends Of Londonderry Hockey maintains stable finances with no officer compensation or liabilities.

EIN: 20510088 · Londonderry, NH · NTEE: N68 · Updated: 2026-03-28

$59KRevenue
$19KAssets
85/100Mission Score (Excellent)
N68
Friends Of Londonderry Hockey Financial Summary
MetricValue
Total Revenue$59K
Total Expenses$41K
Program Spending90%
Net Assets$7K
Transparency Score85/100

Is Friends Of Londonderry Hockey Legit?

Appears Legitimate

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
NoneRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Friends Of Londonderry Hockey directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Friends Of Londonderry Hockey

Friends Of Londonderry Hockey (EIN: 20510088) is a nonprofit organization based in Londonderry, NH, classified under NTEE code N68. The organization reported total revenue of $59K and total assets of $19K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Friends Of Londonderry Hockey's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

26Years Operating
MicroSize Classification
14Years of Filings
MixedRevenue Trajectory

Friends Of Londonderry Hockey is a micro nonprofit that has been operating for 26 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of -0.3%.

Key Financial Metrics (2024)

From the most recent IRS 990 filing on record:

Total Revenue$40K
Total Expenses$41K
Surplus / Deficit$-1,422
Total Assets$7K
Net Assets$7K
Operating Margin-3.6%
Months of Reserves2.0 months

Financial Health Grade: C

In 2024, Friends Of Londonderry Hockey reported a deficit of $1K with expenses exceeding revenue, holds 2.0 months of operating reserves (limited).

Financial Trends

Over 14 years of filings (2011–2024), Friends Of Londonderry Hockey's revenue has declined at a compound annual growth rate (CAGR) of -0.3%.

YearRevenue ChangeExpense ChangeAsset Change
2024+22.5%+11.1%-16.9%
2023-39.7%-11.8%-35.5%
2022+93.8%+36.1%+936.2%
2021-1.1%-15.4%-71.4%
2020+4.8%-0.8%-65.8%

IRS Tax-Exempt Classification

IRS Classification Codes2000
IRS Ruling Date2000

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

Friends Of Londonderry Hockey demonstrates consistent financial activity, with revenues and expenses generally in the range of $25,000 to $55,000 annually over the past decade. The organization's assets have fluctuated, peaking at $28,669 in 2015 and currently standing at $18,627. A notable strength is the consistent reporting of zero liabilities across all available filings, indicating a healthy balance sheet and responsible financial management. The organization also reports 0% officer compensation, which suggests that all funds are directed towards its mission rather than executive salaries. While specific program spending ratios are not detailed in the provided data, the absence of officer compensation and liabilities points to a lean operational model. The organization's revenue has shown some variability, with a high of $54,056 in 2022 and a low of $25,121 in 2016. Expenses have generally tracked revenue, sometimes exceeding it (e.g., $41,369 expenses vs. $39,947 revenue in 2024), which can lead to a slight draw on assets but is not uncommon for smaller nonprofits. The consistent filing of 990s over 14 periods demonstrates a commitment to transparency. Overall, Friends Of Londonderry Hockey appears to be a financially stable, volunteer-driven organization with a clear focus on its mission, as evidenced by its zero officer compensation and lack of liabilities. Its financial health is characterized by modest but consistent revenue streams and prudent management of assets, ensuring its ability to support local hockey initiatives.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Friends Of Londonderry Hockey 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: 5%
  • programs: 90%
  • fundraising: 5%

According to IRS 990 filings, Friends Of Londonderry Hockey allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.

Key Financial Metrics (2024)

From the most recent IRS 990 filing on record:

$40KTotal Revenue
$41KTotal Expenses
$7KTotal Assets
$7KNet Assets
  • The organization reported a deficit of $1K, with expenses exceeding revenue.

Executive Compensation Analysis

Executive compensation is reported at 0% across all available filings, indicating that the organization's leadership is entirely volunteer-based, which is a significant positive for a nonprofit of this 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.

Strengths

The following positive indicators were identified for Friends Of Londonderry Hockey:

  • Consistent 0% officer compensation, indicating volunteer leadership and efficient use of funds.
  • Zero reported liabilities across all filings, demonstrating strong financial health and responsible management.
  • Consistent filing of IRS 990s over 14 periods, showing a commitment to transparency.
  • Stable asset base, with current assets at $18,627 and no debt.
  • Lean operational model, likely directing a high percentage of expenses to program activities.

Frequently Asked Questions about Friends Of Londonderry Hockey

Is Friends Of Londonderry Hockey a legitimate charity?

Friends Of Londonderry Hockey (EIN: 20510088) is a registered tax-exempt nonprofit based in New Hampshire. Our AI analysis gives it a Mission Score of 85/100. It has 14 years of IRS 990 filings on record. Total revenue: $59K. No red flags identified. 5 strengths noted. Financial health grade: C.

How does Friends Of Londonderry Hockey spend its money?

Friends Of Londonderry Hockey directs 90% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.

Are donations to Friends Of Londonderry Hockey tax-deductible?

Friends Of Londonderry Hockey is registered as a tax-exempt nonprofit (EIN: 20510088). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

What percentage of Friends Of Londonderry Hockey's spending goes to programs?

Friends Of Londonderry Hockey directs 90% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

How does Friends Of Londonderry Hockey compare to similar nonprofits?

With a transparency score of 85/100 (Excellent), Friends Of Londonderry Hockey is above average for NTEE category N68 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is Friends Of Londonderry Hockey located?

Friends Of Londonderry Hockey is headquartered in Londonderry, New Hampshire and files with the IRS under EIN 20510088. It is classified under NTEE code N68.

How many years of IRS 990 filings does Friends Of Londonderry Hockey have?

Friends Of Londonderry Hockey has 14 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 $59K in total revenue.

Is Friends Of Londonderry Hockey a good charity?

Based on the provided data, Friends Of Londonderry Hockey appears to be a good charity. It consistently reports 0% officer compensation, has no liabilities, and maintains a stable financial history, suggesting efficient use of funds for its mission.

How has the organization's revenue trended over time?

The organization's revenue has fluctuated but generally remained stable, ranging from a low of $25,121 in 2016 to a high of $54,056 in 2022, with the latest reported revenue at $58,544.

Does Friends Of Londonderry Hockey have any debt?

No, the organization consistently reports $0 in liabilities across all available IRS 990 filings, indicating it operates debt-free.

Filing History

IRS 990 filing history for Friends Of Londonderry Hockey showing financial trends over 14 years of public records:

Over 14 years of IRS 990 filings (2011–2024), Friends Of Londonderry Hockey's revenue has declined by 3.6%, moving from $41K to $40K. Total assets decreased by 75.5% over the same period, from $29K to $7K. Total functional expenses rose by 43.4%, from $29K to $41K. In its most recent filing year (2024), Friends Of Londonderry Hockey reported a deficit of $1K, with expenses exceeding revenue.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2024 $40K $41K $7K $0
2023 $33K $37K $8K $0 View 990
2022 $54K $42K $13K $0 View 990
2021 $28K $31K $1K $0
2020 $28K $37K $4K $0 View 990
2019 $27K $37K $13K $0 View 990
2018 $25K $30K $23K $0 View 990
2017 $35K $32K $28K $0 View 990
2016 $25K $29K $25K $0 View 990
2015 $26K $17K $29K $0 View 990
2014 $25K $34K $19K $0 View 990
2013 $29K $26K $28K $0 View 990
2012 $31K $33K $25K $0 View 990
2011 $41K $29K $29K $0 View 990

Year-by-Year Financial Summary

  • 2024: Revenue of $40K, expenses of $41K, and assets of $7K (revenue +22.5% year-over-year).
  • 2023: Revenue of $33K, expenses of $37K, and assets of $8K (revenue -39.7% year-over-year).
  • 2022: Revenue of $54K, expenses of $42K, and assets of $13K (revenue +93.8% year-over-year).
  • 2021: Revenue of $28K, expenses of $31K, and assets of $1K (revenue -1.1% year-over-year).
  • 2020: Revenue of $28K, expenses of $37K, and assets of $4K (revenue +4.8% year-over-year).
  • 2019: Revenue of $27K, expenses of $37K, and assets of $13K (revenue +6.7% year-over-year).
  • 2018: Revenue of $25K, expenses of $30K, and assets of $23K (revenue -28.4% year-over-year).
  • 2017: Revenue of $35K, expenses of $32K, and assets of $28K (revenue +40.2% year-over-year).
  • 2016: Revenue of $25K, expenses of $29K, and assets of $25K (revenue -3.8% year-over-year).
  • 2015: Revenue of $26K, expenses of $17K, and assets of $29K (revenue +3.9% year-over-year).
  • 2014: Revenue of $25K, expenses of $34K, and assets of $19K (revenue -13.4% year-over-year).
  • 2013: Revenue of $29K, expenses of $26K, and assets of $28K (revenue -5.5% year-over-year).
  • 2012: Revenue of $31K, expenses of $33K, and assets of $25K (revenue -25.9% year-over-year).
  • 2011: Revenue of $41K, expenses of $29K, and assets of $29K.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Friends Of Londonderry Hockey:

2024 Filing 2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for Friends Of Londonderry Hockey 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.

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