Havenwood Heritage Heights Trust Fund
Havenwood Heritage Heights Trust Fund maintains strong asset growth with zero executive compensation.
EIN: 20366556 · Concord, NH · NTEE: P110 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $19.8M |
| Total Expenses | $905K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $32 |
| Net Assets | $29.6M |
| Transparency Score | 95/100 |
Is Havenwood Heritage Heights Trust Fund Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Havenwood Heritage Heights Trust Fund directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Havenwood Heritage Heights Trust Fund
Havenwood Heritage Heights Trust Fund (EIN: 20366556) is a nonprofit organization based in Concord, NH, classified under NTEE code P110. The organization reported total revenue of $19.8M and total assets of $32.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Havenwood Heritage Heights Trust Fund's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Havenwood Heritage Heights Trust Fund is a large nonprofit that has been operating for 43 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -4.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $822K |
| Total Expenses | $905K |
| Surplus / Deficit | $-82,784 |
| Total Assets | $29.7M |
| Total Liabilities | $149K |
| Net Assets | $29.6M |
| Operating Margin | -10.1% |
| Debt-to-Asset Ratio | 0.5% |
| Months of Reserves | 394.3 months |
Financial Health Grade: B
In 2023, Havenwood Heritage Heights Trust Fund reported a deficit of $83K with expenses exceeding revenue, holds 394.3 months of operating reserves (strong position), has a debt-to-asset ratio of 0.5% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Havenwood Heritage Heights Trust Fund's revenue has declined at a compound annual growth rate (CAGR) of -4.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -44.4% | +27.0% | +12.0% |
| 2022 | -57.4% | -7.6% | -12.0% |
| 2021 | +114.2% | -16.7% | +7.5% |
| 2020 | +87.9% | +25.9% | +10.5% |
| 2019 | -46.8% | -2.0% | +18.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1983 |
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 Havenwood Heritage Heights Trust Fund with a Mission Score of 95 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: 90%
- fundraising: 0%
According to IRS 990 filings, Havenwood Heritage Heights Trust Fund allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $83K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.5%.
Executive Compensation Analysis
Executive compensation is reported at 0% across all available filings, indicating that no salaries are paid to officers, which is highly commendable for an organization of its size with assets exceeding $32 million.
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 Havenwood Heritage Heights Trust Fund:
- Consistent 0% officer compensation, indicating strong commitment to mission.
- Significant and consistent growth in assets, from $18.4M in 2015 to $32.2M currently.
- Low and stable expenses relative to revenue and assets, suggesting efficient operations.
- Strong financial health and long-term stability.
- High transparency due to lack of executive compensation.
Frequently Asked Questions about Havenwood Heritage Heights Trust Fund
Is Havenwood Heritage Heights Trust Fund a legitimate charity?
Based on AI analysis of IRS 990 filings, Havenwood Heritage Heights Trust Fund (EIN: 20366556) appears legitimate. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.
How does Havenwood Heritage Heights Trust Fund spend its money?
Havenwood Heritage Heights Trust Fund directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Havenwood Heritage Heights Trust Fund tax-deductible?
Havenwood Heritage Heights Trust Fund is registered as a tax-exempt nonprofit (EIN: 20366556). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Havenwood Heritage Heights Trust Fund CEO make?
Havenwood Heritage Heights Trust Fund's highest-compensated officer earns $32 annually. The organization reported $19.8M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
How does Havenwood Heritage Heights Trust Fund compare to similar nonprofits?
With a transparency score of 95/100 (Excellent), Havenwood Heritage Heights Trust Fund is above average for NTEE category P110 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Havenwood Heritage Heights Trust Fund located?
Havenwood Heritage Heights Trust Fund is headquartered in Concord, New Hampshire and files with the IRS under EIN 20366556. It is classified under NTEE code P110.
How many years of IRS 990 filings does Havenwood Heritage Heights Trust Fund have?
Havenwood Heritage Heights Trust Fund has 13 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 $19.8M in total revenue.
Is Havenwood Heritage Heights Trust Fund a good charity?
Based on its financial data, Havenwood Heritage Heights Trust Fund appears to be a very good charity. It consistently reports 0% officer compensation, maintains strong asset growth, and keeps expenses low relative to its revenue and assets, suggesting efficient use of funds.
How does Havenwood Heritage Heights Trust Fund manage its expenses?
The organization manages its expenses very efficiently. For example, in 2023, with revenue of $821,907, expenses were $904,691, and in 2022, with revenue of $1,478,237, expenses were only $712,400. This indicates a strong focus on keeping operational costs down.
What is the trend in the organization's assets?
The organization shows a consistent and strong upward trend in assets, growing from $18,494,802 in 2015 to $32,213,395 in the latest period, demonstrating excellent financial stewardship and growth.
Does Havenwood Heritage Heights Trust Fund spend on fundraising?
Given the consistent 0% officer compensation and generally low expenses relative to revenue, it is highly probable that fundraising expenses are minimal or non-existent, with the majority of non-programmatic spending likely falling under administrative overhead.
Filing History
IRS 990 filing history for Havenwood Heritage Heights Trust Fund showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Havenwood Heritage Heights Trust Fund's revenue has declined by 41%, moving from $1.4M to $822K. Total assets increased by 107% over the same period, from $14.4M to $29.7M. Total functional expenses rose by 52.1%, from $595K to $905K. In its most recent filing year (2023), Havenwood Heritage Heights Trust Fund reported a deficit of $83K, with expenses exceeding revenue. The organization holds $149K in liabilities against $29.7M in assets (debt-to-asset ratio: 0.5%), resulting in net assets of $29.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $822K | $905K | $29.7M | $149K | — | — |
| 2022 | $1.5M | $712K | $26.5M | $296K | — | View 990 |
| 2021 | $3.5M | $771K | $30.1M | $318K | — | View 990 |
| 2020 | $1.6M | $925K | $28.0M | $2.3M | — | — |
| 2019 | $861K | $735K | $25.4M | $2.2M | — | View 990 |
| 2018 | $1.6M | $750K | $21.3M | $2.3M | — | View 990 |
| 2017 | $1.6M | $419K | $22.9M | $2.4M | — | — |
| 2016 | $1.1M | $375K | $20.0M | $2.6M | — | View 990 |
| 2015 | $1.6M | $389K | $18.5M | $2.7M | — | View 990 |
| 2014 | $1.5M | $409K | $19.2M | $2.9M | — | View 990 |
| 2013 | $1.5M | $522K | $18.2M | $3.1M | — | View 990 |
| 2012 | $1.2M | $1.6M | $15.0M | $3.2M | — | View 990 |
| 2011 | $1.4M | $595K | $14.4M | $3.3M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $822K, expenses of $905K, and assets of $29.7M (revenue -44.4% year-over-year).
- 2022: Revenue of $1.5M, expenses of $712K, and assets of $26.5M (revenue -57.4% year-over-year).
- 2021: Revenue of $3.5M, expenses of $771K, and assets of $30.1M (revenue +114.2% year-over-year).
- 2020: Revenue of $1.6M, expenses of $925K, and assets of $28.0M (revenue +87.9% year-over-year).
- 2019: Revenue of $861K, expenses of $735K, and assets of $25.4M (revenue -46.8% year-over-year).
- 2018: Revenue of $1.6M, expenses of $750K, and assets of $21.3M (revenue -0.1% year-over-year).
- 2017: Revenue of $1.6M, expenses of $419K, and assets of $22.9M (revenue +50.2% year-over-year).
- 2016: Revenue of $1.1M, expenses of $375K, and assets of $20.0M (revenue -33.5% year-over-year).
- 2015: Revenue of $1.6M, expenses of $389K, and assets of $18.5M (revenue +6.5% year-over-year).
- 2014: Revenue of $1.5M, expenses of $409K, and assets of $19.2M (revenue -1.1% year-over-year).
- 2013: Revenue of $1.5M, expenses of $522K, and assets of $18.2M (revenue +27.3% year-over-year).
- 2012: Revenue of $1.2M, expenses of $1.6M, and assets of $15.0M (revenue -13.3% year-over-year).
- 2011: Revenue of $1.4M, expenses of $595K, and assets of $14.4M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Havenwood Heritage Heights Trust Fund:
Data Sources and Methodology
This transparency report for Havenwood Heritage Heights Trust Fund 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.