Gordon Nash Library
Gordon Nash Library maintains stable assets and low liabilities with no reported officer compensation.
EIN: 20222137 · New Hampton, NH · NTEE: B700 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $180K |
| Total Expenses | $201K |
| Program Spending | 85% |
| Net Assets | $1.3M |
| Transparency Score | 85/100 |
Is Gordon Nash Library Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Gordon Nash Library directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Gordon Nash Library
Gordon Nash Library (EIN: 20222137) is a nonprofit organization based in New Hampton, NH, classified under NTEE code B700. The organization reported total revenue of $180K and total assets of $1.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Gordon Nash Library's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Gordon Nash Library is a small nonprofit that has been operating for 75 years, with 9 years of IRS 990 filings on record (2011–2019). Revenue has grown at a compound annual rate of 6.1%.
Key Financial Metrics (2019)
From the most recent IRS 990 filing on record:
| Total Revenue | $180K |
| Total Expenses | $201K |
| Surplus / Deficit | $-21,344 |
| Total Assets | $1.3M |
| Total Liabilities | $6K |
| Net Assets | $1.3M |
| Operating Margin | -11.9% |
| Debt-to-Asset Ratio | 0.5% |
| Months of Reserves | 79.6 months |
Financial Health Grade: B
In 2019, Gordon Nash Library reported a deficit of $21K with expenses exceeding revenue, holds 79.6 months of operating reserves (strong position), has a debt-to-asset ratio of 0.5% (very low leverage).
Financial Trends
Over 9 years of filings (2011–2019), Gordon Nash Library's revenue has grown at a compound annual growth rate (CAGR) of 6.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2019 | +133.0% | +16.5% | -1.1% |
| 2018 | -57.2% | +3.2% | -13.5% |
| 2017 | +103.6% | +35.9% | +0.5% |
| 2016 | -20.4% | -27.5% | -1.7% |
| 2015 | -13.4% | -7.5% | -9.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 3000 |
| IRS Ruling Date | 1951 |
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 Gordon Nash Library 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, Gordon Nash Library 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 (2019)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $21K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.5%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all nine available filings, indicating a volunteer-led leadership or that compensation is covered under general expenses, which is a positive for resource allocation.
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 Gordon Nash Library:
- Strong asset base relative to expenses ($1,336,770 assets vs. $201,421 expenses in 2019).
- Minimal liabilities ($6,337 in 2019), indicating low financial risk.
- Consistent reporting of 0% officer compensation, suggesting efficient use of funds.
- Stable expense levels over time, demonstrating predictable operational costs.
Frequently Asked Questions about Gordon Nash Library
Is Gordon Nash Library a legitimate charity?
Based on AI analysis of IRS 990 filings, Gordon Nash Library (EIN: 20222137) appears legitimate. Mission Score: 85/100. 0 red flags identified, 4 strengths noted.
How does Gordon Nash Library spend its money?
Gordon Nash Library directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Gordon Nash Library tax-deductible?
Gordon Nash Library is registered as a tax-exempt nonprofit (EIN: 20222137). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Gordon Nash Library's spending goes to programs?
Gordon Nash Library directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Gordon Nash Library compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Gordon Nash Library is above average for NTEE category B700 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Gordon Nash Library located?
Gordon Nash Library is headquartered in New Hampton, New Hampshire and files with the IRS under EIN 20222137. It is classified under NTEE code B700.
How many years of IRS 990 filings does Gordon Nash Library have?
Gordon Nash Library has 9 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 $180K in total revenue.
Is Gordon Nash Library a good charity?
Based on the available financial data, Gordon Nash Library appears to be a well-managed organization with strong financial stability, minimal liabilities, and no reported officer compensation, suggesting efficient use of funds for its mission.
How does Gordon Nash Library manage its assets?
The library maintains a substantial asset base, with $1,336,770 in assets as of 2019, significantly higher than its annual expenses, indicating good long-term financial planning and reserves.
What is the trend in Gordon Nash Library's revenue?
Revenue for Gordon Nash Library has fluctuated over the years, ranging from a low of $77,192 in 2013 to a high of $180,809 in 2017, and $180,077 in 2019, suggesting reliance on varied funding sources.
Filing History
IRS 990 filing history for Gordon Nash Library showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2011–2019), Gordon Nash Library's revenue has grown by 60.5%, moving from $112K to $180K. Total assets decreased by 20% over the same period, from $1.7M to $1.3M. Total functional expenses rose by 13.8%, from $177K to $201K. In its most recent filing year (2019), Gordon Nash Library reported a deficit of $21K, with expenses exceeding revenue. The organization holds $6K in liabilities against $1.3M in assets (debt-to-asset ratio: 0.5%), resulting in net assets of $1.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2019 | $180K | $201K | $1.3M | $6K | — | View 990 |
| 2018 | $77K | $173K | $1.4M | $206 | — | View 990 |
| 2017 | $181K | $167K | $1.6M | $2K | — | — |
| 2016 | $89K | $123K | $1.6M | $8K | — | View 990 |
| 2015 | $112K | $170K | $1.6M | $0 | — | View 990 |
| 2014 | $129K | $184K | $1.7M | $0 | — | View 990 |
| 2013 | $77K | $173K | $1.8M | $0 | — | View 990 |
| 2012 | $122K | $180K | $1.7M | $0 | — | View 990 |
| 2011 | $112K | $177K | $1.7M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2019: Revenue of $180K, expenses of $201K, and assets of $1.3M (revenue +133.0% year-over-year).
- 2018: Revenue of $77K, expenses of $173K, and assets of $1.4M (revenue -57.2% year-over-year).
- 2017: Revenue of $181K, expenses of $167K, and assets of $1.6M (revenue +103.6% year-over-year).
- 2016: Revenue of $89K, expenses of $123K, and assets of $1.6M (revenue -20.4% year-over-year).
- 2015: Revenue of $112K, expenses of $170K, and assets of $1.6M (revenue -13.4% year-over-year).
- 2014: Revenue of $129K, expenses of $184K, and assets of $1.7M (revenue +66.7% year-over-year).
- 2013: Revenue of $77K, expenses of $173K, and assets of $1.8M (revenue -36.8% year-over-year).
- 2012: Revenue of $122K, expenses of $180K, and assets of $1.7M (revenue +8.9% year-over-year).
- 2011: Revenue of $112K, expenses of $177K, and assets of $1.7M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Gordon Nash Library:
Data Sources and Methodology
This transparency report for Gordon Nash Library 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.