Groveton Foundation The
Groveton Foundation maintains stable assets with volunteer leadership and fluctuating but increasing revenue.
EIN: 20337849 · Groveton, NH · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $46K |
| Total Expenses | $22K |
| Program Spending | 85% |
| Net Assets | $324K |
| Transparency Score | 85/100 |
Is Groveton Foundation The Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Groveton Foundation The directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Groveton Foundation The
Groveton Foundation The (EIN: 20337849) is a nonprofit organization based in Groveton, NH. The organization reported total revenue of $46K and total assets of $345K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Groveton Foundation The's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Groveton Foundation The is a micro nonprofit that has been operating for 48 years, with 11 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of 11.4%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $23K |
| Total Expenses | $22K |
| Surplus / Deficit | +$614 |
| Total Assets | $324K |
| Total Liabilities | $1 |
| Net Assets | $324K |
| Operating Margin | 2.7% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 175.6 months |
Financial Health Grade: A
In 2024, Groveton Foundation The reported a surplus of $614 with revenue exceeding expenses, holds 175.6 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 11 years of filings (2012–2024), Groveton Foundation The's revenue has grown at a compound annual growth rate (CAGR) of 11.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +7.4% | +1.3% | +0.2% |
| 2023 | -62.0% | -11.9% | -0.2% |
| 2022 | +201.7% | +30.8% | +10.6% |
| 2021 | +5.4% | +2.3% | -0.2% |
| 2020 | -17.5% | -39.5% | -0.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1978 |
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 Groveton Foundation The 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, Groveton Foundation The 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $614, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
The Groveton Foundation consistently reports 0% officer compensation across all available filings, indicating a fully volunteer-led executive team. This significantly reduces administrative overhead and ensures that a greater proportion of funds can be directed towards the organization's mission.
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 Groveton Foundation The's IRS 990 filings:
- NTEE Code Unknown: Lack of a specified NTEE code makes it difficult to categorize the organization's specific mission and compare it to peers.
- Limited detail on program activities: Without a detailed breakdown of expenses, it's difficult to ascertain the specific programs funded and their impact.
Strengths
The following positive indicators were identified for Groveton Foundation The:
- Strong financial stability: Assets of $344,718 significantly outweigh latest revenue of $45,862, indicating a healthy financial cushion.
- Zero executive compensation: Consistently reporting 0% officer compensation demonstrates a highly efficient and volunteer-driven leadership.
- Low liabilities: Consistently reports $0 or $1 in liabilities, indicating excellent financial management and minimal debt.
- Consistent IRS 990 filing history: 11 filings demonstrate a commitment to transparency and compliance.
- Positive revenue trend: Latest revenue of $45,862 is a significant increase from previous years, suggesting growing support.
Frequently Asked Questions about Groveton Foundation The
Is Groveton Foundation The a legitimate charity?
Based on AI analysis of IRS 990 filings, Groveton Foundation The (EIN: 20337849) some concerns. Mission Score: 85/100. 2 red flags identified, 5 strengths noted.
How does Groveton Foundation The spend its money?
Groveton Foundation The directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Groveton Foundation The tax-deductible?
Groveton Foundation The is registered as a tax-exempt nonprofit (EIN: 20337849). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Groveton Foundation The's spending goes to programs?
Groveton Foundation The directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Groveton Foundation The located?
Groveton Foundation The is headquartered in Groveton, New Hampshire and files with the IRS under EIN 20337849.
How many years of IRS 990 filings does Groveton Foundation The have?
Groveton Foundation The has 11 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 $46K in total revenue.
Is Groveton Foundation a good charity?
Based on the available data, Groveton Foundation appears to be a well-managed organization with strong financial stability (assets of $344,718 vs. latest revenue of $45,862) and excellent transparency regarding its financial filings. The consistent reporting of 0% officer compensation is a significant positive, suggesting a high dedication to its mission with minimal administrative costs. However, without specific program details, it's hard to fully assess its direct impact.
How does Groveton Foundation manage its administrative costs?
The Groveton Foundation manages its administrative costs very effectively, primarily by having 0% officer compensation reported across all filings. This indicates that its leadership is entirely volunteer-based, which drastically reduces a major component of administrative expenses.
What is the trend in Groveton Foundation's revenue?
Groveton Foundation's revenue has fluctuated over the years. While it saw a peak of $55,849 in 202204, it has generally been in the $17,000-$22,000 range in other recent years. The latest revenue of $45,862 (Period 202404) shows a positive increase from the previous year's $21,207, suggesting a recent upward trend.
Are there any concerns about the organization's liabilities?
No, there are no concerns about the organization's liabilities. The Groveton Foundation consistently reports extremely low liabilities, often $0 or $1, across all available filings. This indicates very strong financial health and responsible management of its obligations.
Filing History
IRS 990 filing history for Groveton Foundation The showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2012–2024), Groveton Foundation The's revenue has grown by 265.8%, moving from $6K to $23K. Total assets decreased by 14.3% over the same period, from $379K to $324K. Total functional expenses fell by 4.4%, from $23K to $22K. In its most recent filing year (2024), Groveton Foundation The reported a surplus of $614, with revenue exceeding expenses. The organization holds $1 in liabilities against $324K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $324K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $23K | $22K | $324K | $1 | — | View 990 |
| 2023 | $21K | $22K | $324K | $1 | — | View 990 |
| 2022 | $56K | $25K | $324K | $1 | — | View 990 |
| 2021 | $19K | $19K | $293K | $1 | — | — |
| 2020 | $18K | $19K | $294K | $0 | — | View 990 |
| 2019 | $21K | $31K | $295K | $0 | — | View 990 |
| 2016 | $11K | $23K | $339K | $0 | — | View 990 |
| 2015 | $12K | $20K | $352K | $0 | — | View 990 |
| 2014 | $12K | $19K | $360K | $0 | — | View 990 |
| 2013 | $8K | $19K | $367K | $0 | — | View 990 |
| 2012 | $6K | $23K | $379K | $0 | — | — |
Year-by-Year Financial Summary
- 2024: Revenue of $23K, expenses of $22K, and assets of $324K (revenue +7.4% year-over-year).
- 2023: Revenue of $21K, expenses of $22K, and assets of $324K (revenue -62.0% year-over-year).
- 2022: Revenue of $56K, expenses of $25K, and assets of $324K (revenue +201.7% year-over-year).
- 2021: Revenue of $19K, expenses of $19K, and assets of $293K (revenue +5.4% year-over-year).
- 2020: Revenue of $18K, expenses of $19K, and assets of $294K (revenue -17.5% year-over-year).
- 2019: Revenue of $21K, expenses of $31K, and assets of $295K (revenue +88.1% year-over-year).
- 2016: Revenue of $11K, expenses of $23K, and assets of $339K (revenue -2.7% year-over-year).
- 2015: Revenue of $12K, expenses of $20K, and assets of $352K (revenue -0.5% year-over-year).
- 2014: Revenue of $12K, expenses of $19K, and assets of $360K (revenue +51.6% year-over-year).
- 2013: Revenue of $8K, expenses of $19K, and assets of $367K (revenue +23.8% year-over-year).
- 2012: Revenue of $6K, expenses of $23K, and assets of $379K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Groveton Foundation The:
Data Sources and Methodology
This transparency report for Groveton Foundation The 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.