Gafney Home For The Aged
Gafney Home For The Aged faces severe financial distress with declining assets and negative revenue.
EIN: 20222132 · Rochester, NH · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $448K |
| Total Expenses | $294K |
| Program Spending | 75% |
| Net Assets | $53K |
| Transparency Score | 30/100 |
Is Gafney Home For The Aged Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Gafney Home For The Aged directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Gafney Home For The Aged
Gafney Home For The Aged (EIN: 20222132) is a nonprofit organization based in Rochester, NH. The organization reported total revenue of $448K and total assets of $53K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Gafney Home For The Aged's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Gafney Home For The Aged is a small nonprofit that has been operating for 80 years, with 6 years of IRS 990 filings on record (2012–2020).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2020 | -129.0% | -72.7% | -93.3% |
| 2016 | +3.4% | -10.8% | -18.5% |
| 2015 | -28.2% | -9.3% | -24.5% |
| 2014 | +26.6% | +1.5% | -10.1% |
| 2013 | +14.7% | +1.3% | -17.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1946 |
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 Gafney Home For The Aged with a Mission Score of 30 out of 100 (Poor). 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: 75%
- fundraising: 10%
According to IRS 990 filings, Gafney Home For The Aged allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2020)
From the most recent IRS 990 filing on record:
- Debt-to-asset ratio: 0.1%.
Executive Compensation Analysis
Officer compensation is reported as 0% across all available filings, which is unusual for an organization that historically managed significant revenues and expenses. This either indicates an entirely volunteer-run leadership or that compensation is structured in a way not captured under 'officer compensation' on the 990.
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 Gafney Home For The Aged's IRS 990 filings:
- Consistent operating deficits with expenses exceeding revenue in most periods.
- Dramatic decline in assets from $1.7 million in 2012 to $52,594 in 2020.
- Negative revenue of $-263,308 reported in 2020, indicating severe financial distress.
- Unknown NTEE code, hindering understanding of mission and peer comparison.
- Lack of detailed expense breakdown (program, admin, fundraising) in provided data.
Strengths
The following positive indicators were identified for Gafney Home For The Aged:
- Consistent filing of IRS Form 990s, indicating adherence to basic reporting requirements.
Frequently Asked Questions about Gafney Home For The Aged
Is Gafney Home For The Aged a legitimate charity?
Based on AI analysis of IRS 990 filings, Gafney Home For The Aged (EIN: 20222132) significant concerns. Mission Score: 30/100. 5 red flags identified, 1 strength noted.
How does Gafney Home For The Aged spend its money?
Gafney Home For The Aged directs 75% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Gafney Home For The Aged tax-deductible?
Gafney Home For The Aged is registered as a tax-exempt nonprofit (EIN: 20222132). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Gafney Home For The Aged's spending goes to programs?
Gafney Home For The Aged directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Gafney Home For The Aged located?
Gafney Home For The Aged is headquartered in Rochester, New Hampshire and files with the IRS under EIN 20222132.
How many years of IRS 990 filings does Gafney Home For The Aged have?
Gafney Home For The Aged has 6 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 $448K in total revenue.
What caused the drastic decline in assets from $1,722,530 in 2012 to $52,594 in 2020?
The provided data does not specify the exact causes, but the consistent pattern of expenses exceeding revenue and the negative revenue in 2020 strongly suggest significant operational losses or a strategic decision to liquidate assets.
Why was revenue negative ($-263,308) in the 2020 fiscal period?
Negative revenue can occur due to significant returns, refunds, or adjustments that exceed new income. Without further detail from the full 990, the specific reason for this substantial negative figure is unclear but indicates severe financial challenges.
Is the organization still operational given its current financial state?
The severe decline in assets and negative revenue in 2020 raise serious questions about the organization's ongoing operational viability. Further investigation into more recent filings or public statements would be necessary to confirm its current status.
How are the organization's leaders compensated if officer compensation is consistently reported as 0%?
This could mean the organization is entirely volunteer-run at the leadership level, or that compensation is provided through other means not categorized as 'officer compensation' on the 990, such as through a management company or as independent contractors.
What is the NTEE code for Gafney Home For The Aged and what specific programs does it run?
The NTEE code is listed as 'Unknown' in the provided data, which makes it difficult to understand its specific mission and programmatic activities. The name 'Home For The Aged' suggests elder care, but details are lacking.
Filing History
IRS 990 filing history for Gafney Home For The Aged showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2012–2020), Gafney Home For The Aged's revenue has declined by 131.2%, moving from $843K to $-263,308. Total assets decreased by 96.9% over the same period, from $1.7M to $53K. Total functional expenses fell by 77.3%, from $1.3M to $294K. The organization holds $35 in liabilities against $53K in assets (debt-to-asset ratio: 0.1%), resulting in net assets of $53K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2020 | $-263,308 | $294K | $53K | $35 | — | — |
| 2016 | $909K | $1.1M | $788K | $107K | — | View 990 |
| 2015 | $879K | $1.2M | $966K | $116K | — | View 990 |
| 2014 | $1.2M | $1.3M | $1.3M | $99K | — | View 990 |
| 2013 | $967K | $1.3M | $1.4M | $134K | — | View 990 |
| 2012 | $843K | $1.3M | $1.7M | $88K | — | View 990 |
Year-by-Year Financial Summary
- 2020: Revenue of $-263,308, expenses of $294K, and assets of $53K (revenue -129.0% year-over-year).
- 2016: Revenue of $909K, expenses of $1.1M, and assets of $788K (revenue +3.4% year-over-year).
- 2015: Revenue of $879K, expenses of $1.2M, and assets of $966K (revenue -28.2% year-over-year).
- 2014: Revenue of $1.2M, expenses of $1.3M, and assets of $1.3M (revenue +26.6% year-over-year).
- 2013: Revenue of $967K, expenses of $1.3M, and assets of $1.4M (revenue +14.7% year-over-year).
- 2012: Revenue of $843K, expenses of $1.3M, and assets of $1.7M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Gafney Home For The Aged:
Data Sources and Methodology
This transparency report for Gafney Home For The Aged 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.