Friends Of Recovery New Hampshire
Friends Of Recovery New Hampshire maintains stable assets despite recent operational deficits and reports no officer compensation.
EIN: 20521502 · Manchester, NH · NTEE: F20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $906K |
| Total Expenses | $559K |
| Program Spending | 80% |
| Net Assets | $1.1M |
| Transparency Score | 85/100 |
Is Friends Of Recovery New Hampshire Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Friends Of Recovery New Hampshire directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Friends Of Recovery New Hampshire
Friends Of Recovery New Hampshire (EIN: 20521502) is a nonprofit organization based in Manchester, NH, classified under NTEE code F20. The organization reported total revenue of $906K and total assets of $1.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Friends Of Recovery New Hampshire's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Friends Of Recovery New Hampshire is a small nonprofit that has been operating for 25 years, with 14 years of IRS 990 filings on record (2010–2024). Revenue has grown at a compound annual rate of 13.0%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $510K |
| Total Expenses | $559K |
| Surplus / Deficit | $-48,972 |
| Total Assets | $1.5M |
| Total Liabilities | $340K |
| Net Assets | $1.1M |
| Operating Margin | -9.6% |
| Debt-to-Asset Ratio | 23.4% |
| Months of Reserves | 31.2 months |
Financial Health Grade: B
In 2024, Friends Of Recovery New Hampshire reported a deficit of $49K with expenses exceeding revenue, holds 31.2 months of operating reserves (strong position), has a debt-to-asset ratio of 23.4% (moderate leverage).
Financial Trends
Over 14 years of filings (2010–2024), Friends Of Recovery New Hampshire's revenue has grown at a compound annual growth rate (CAGR) of 13.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +8.6% | +7.0% | -8.1% |
| 2023 | -8.7% | +-0.0% | +5.1% |
| 2022 | -8.4% | +21.9% | -0.6% |
| 2021 | +4.5% | -9.8% | +5.4% |
| 2020 | +4.5% | -12.4% | +9.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2001 |
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 Recovery New Hampshire 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Friends Of Recovery New Hampshire allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% 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:
- The organization reported a deficit of $49K, with expenses exceeding revenue.
- Debt-to-asset ratio: 23.4%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating either a fully volunteer leadership or compensation structured in a way that is not categorized as officer compensation, which is highly favorable for donor perception.
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 Recovery New Hampshire's IRS 990 filings:
- Consistent operational deficits in recent years (e.g., 202406 expenses $558,778 vs. revenue $509,806) could indicate a need for improved revenue generation or cost control.
Strengths
The following positive indicators were identified for Friends Of Recovery New Hampshire:
- Zero reported officer compensation across all filings, indicating efficient use of funds and strong transparency.
- Healthy asset-to-liability ratio (e.g., $1,454,966 assets vs. $340,163 liabilities in 202406), demonstrating financial stability.
- Consistent filing history (14 filings) shows a commitment to transparency and compliance.
- Significant asset growth over time, from $57,053 in 201506 to $1,454,966 in 202406.
Frequently Asked Questions about Friends Of Recovery New Hampshire
Is Friends Of Recovery New Hampshire a legitimate charity?
Friends Of Recovery New Hampshire (EIN: 20521502) 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: $906K. 1 red flag identified. 4 strengths noted. Financial health grade: B.
How does Friends Of Recovery New Hampshire spend its money?
Friends Of Recovery New Hampshire directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Friends Of Recovery New Hampshire tax-deductible?
Friends Of Recovery New Hampshire is registered as a tax-exempt nonprofit (EIN: 20521502). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Friends Of Recovery New Hampshire's spending goes to programs?
Friends Of Recovery New Hampshire directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Friends Of Recovery New Hampshire compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Friends Of Recovery New Hampshire is above average for NTEE category F20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Friends Of Recovery New Hampshire located?
Friends Of Recovery New Hampshire is headquartered in Manchester, New Hampshire and files with the IRS under EIN 20521502. It is classified under NTEE code F20.
How many years of IRS 990 filings does Friends Of Recovery New Hampshire have?
Friends Of Recovery New Hampshire 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 $906K in total revenue.
Is Friends Of Recovery New Hampshire financially stable?
Yes, despite some recent operational deficits (e.g., 202406 expenses of $558,778 exceeding revenue of $509,806), the organization maintains a strong asset base ($1,454,966 in 202406) relative to its liabilities ($340,163), indicating good financial stability.
How does Friends Of Recovery New Hampshire compensate its leadership?
The IRS 990 filings consistently report 0% for officer compensation, suggesting that the organization's leadership may be volunteer-based or compensated through non-officer roles, which is a positive indicator of resource allocation.
Has the organization experienced significant financial fluctuations?
Yes, there was a notable spike in revenue in 201706 ($1,923,825) compared to other years, which generally hover around $500,000. This suggests a potential one-time major grant or fundraising event, but the organization has managed its assets well since then.
Filing History
IRS 990 filing history for Friends Of Recovery New Hampshire showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2024), Friends Of Recovery New Hampshire's revenue has grown by 451.2%, moving from $92K to $510K. Total assets increased by 1806.8% over the same period, from $76K to $1.5M. Total functional expenses rose by 1485.8%, from $35K to $559K. In its most recent filing year (2024), Friends Of Recovery New Hampshire reported a deficit of $49K, with expenses exceeding revenue. The organization holds $340K in liabilities against $1.5M in assets (debt-to-asset ratio: 23.4%), resulting in net assets of $1.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $510K | $559K | $1.5M | $340K | — | View 990 |
| 2023 | $469K | $522K | $1.6M | $419K | — | View 990 |
| 2022 | $514K | $522K | $1.5M | $289K | — | View 990 |
| 2021 | $561K | $429K | $1.5M | $338K | — | View 990 |
| 2020 | $537K | $475K | $1.4M | $502K | — | View 990 |
| 2019 | $514K | $542K | $1.3M | $550K | — | View 990 |
| 2018 | $846K | $900K | $1.3M | $592K | — | View 990 |
| 2017 | $1.9M | $1.1M | $1.3M | $287K | — | View 990 |
| 2016 | $596K | $497K | $218K | $62K | — | View 990 |
| 2015 | $169K | $124K | $57K | $0 | — | View 990 |
| 2014 | $24K | $71K | $12K | $0 | — | View 990 |
| 2013 | $88K | $121K | $60K | $2K | — | View 990 |
| 2012 | $167K | $162K | $92K | $0 | — | View 990 |
| 2010 | $92K | $35K | $76K | $5K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $510K, expenses of $559K, and assets of $1.5M (revenue +8.6% year-over-year).
- 2023: Revenue of $469K, expenses of $522K, and assets of $1.6M (revenue -8.7% year-over-year).
- 2022: Revenue of $514K, expenses of $522K, and assets of $1.5M (revenue -8.4% year-over-year).
- 2021: Revenue of $561K, expenses of $429K, and assets of $1.5M (revenue +4.5% year-over-year).
- 2020: Revenue of $537K, expenses of $475K, and assets of $1.4M (revenue +4.5% year-over-year).
- 2019: Revenue of $514K, expenses of $542K, and assets of $1.3M (revenue -39.3% year-over-year).
- 2018: Revenue of $846K, expenses of $900K, and assets of $1.3M (revenue -56.1% year-over-year).
- 2017: Revenue of $1.9M, expenses of $1.1M, and assets of $1.3M (revenue +222.7% year-over-year).
- 2016: Revenue of $596K, expenses of $497K, and assets of $218K (revenue +252.3% year-over-year).
- 2015: Revenue of $169K, expenses of $124K, and assets of $57K (revenue +593.0% year-over-year).
- 2014: Revenue of $24K, expenses of $71K, and assets of $12K (revenue -72.2% year-over-year).
- 2013: Revenue of $88K, expenses of $121K, and assets of $60K (revenue -47.5% year-over-year).
- 2012: Revenue of $167K, expenses of $162K, and assets of $92K (revenue +81.0% year-over-year).
- 2010: Revenue of $92K, expenses of $35K, and assets of $76K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Friends Of Recovery New Hampshire:
Data Sources and Methodology
This transparency report for Friends Of Recovery 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.