Harmony Inc

Harmony Inc. reported minimal revenue and expenses in its sole 2014 filing, with no officer compensation.

EIN: 20358818 · Somersworth, NH · NTEE: A6B · Updated: 2026-03-28

$0Revenue

$0Assets

50/100Mission Score (Fair)

A6B

About Harmony Inc

Harmony Inc (EIN: 20358818) is a nonprofit organization based in Somersworth, NH, classified under NTEE code A6B. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Harmony Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Harmony Inc. appears to be a very small, nascent organization based on its single available IRS 990 filing from 2014. With revenue of only $18,588 and expenses of $18,762, it operated at a slight deficit in that period. The organization's assets were minimal at $3,477, indicating a very limited operational scale. There is no information available for subsequent years, suggesting it may no longer be active or has not met filing thresholds since 2014. The lack of recent financial data significantly limits a comprehensive assessment of its current financial health and transparency.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Harmony Inc with a Mission Score of 50 out of 100 (Fair). 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, Harmony Inc 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.

Executive Compensation Analysis

Officer compensation was reported as 0% of expenses in 2014, indicating that no executives or officers received salaries from the organization during that period, which is common for very small or volunteer-run entities.

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 Harmony Inc's IRS 990 filings:

No recent financial filings available since 2014
Operated at a slight deficit in 2014 (expenses $18,762 vs. revenue $18,588)
Zero reported revenue and assets in the latest data, suggesting inactivity

Strengths

The following positive indicators were identified for Harmony Inc:

No officer compensation reported in 2014, indicating volunteer leadership or very low overhead for executive roles.

Frequently Asked Questions about Harmony Inc

Is Harmony Inc. currently active?

Based on the provided data, Harmony Inc. has only one IRS 990 filing from 2014 and no subsequent filings or revenue reported. This suggests it may no longer be active or has not met filing thresholds since then.

What were Harmony Inc.'s primary programs?

The NTEE code A6B indicates 'Other Human Services', but without more detailed program expense breakdowns from the 2014 filing, specific programs cannot be identified.

Filing History

IRS 990 filing history for Harmony Inc showing financial trends over 1 year of public records:

In its most recent filing year (2014), Harmony Inc reported a deficit of $174, with expenses exceeding revenue. The organization holds $618 in liabilities against $3K in assets (debt-to-asset ratio: 17.8%), resulting in net assets of $3K.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2014	$19K	$19K	$3K	$618	—	View 990

Data Sources and Methodology

This transparency report for Harmony Inc 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.