Hesser College Alumni Association Inc
Hesser College Alumni Association maintains stable assets and zero officer compensation amidst fluctuating revenue.
EIN: 20375266 · Manchester, NH · NTEE: B84 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $9K |
| Total Expenses | $4K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $10,000. |
| Net Assets | $239K |
| Transparency Score | 95/100 |
Is Hesser College Alumni Association Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Hesser College Alumni Association Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Hesser College Alumni Association Inc
Hesser College Alumni Association Inc (EIN: 20375266) is a nonprofit organization based in Manchester, NH, classified under NTEE code B84. The organization reported total revenue of $9K and total assets of $242K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Hesser College Alumni Association Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Hesser College Alumni Association Inc is a micro nonprofit that has been operating for 8 years, with 2 years of IRS 990 filings on record (2018–2019). Revenue has grown at a compound annual rate of -25.9%.
Key Financial Metrics (2019)
From the most recent IRS 990 filing on record:
| Total Revenue | $6K |
| Total Expenses | $4K |
| Surplus / Deficit | +$2K |
| Total Assets | $242K |
| Total Liabilities | $2K |
| Net Assets | $239K |
| Operating Margin | 37.7% |
| Debt-to-Asset Ratio | 1.0% |
| Months of Reserves | 746.1 months |
Financial Health Grade: A
In 2019, Hesser College Alumni Association Inc reported a surplus of $2K with revenue exceeding expenses, holds 746.1 months of operating reserves (strong position), has a debt-to-asset ratio of 1.0% (very low leverage).
Financial Trends
Over 2 years of filings (2018–2019), Hesser College Alumni Association Inc's revenue has declined at a compound annual growth rate (CAGR) of -25.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2019 | -25.9% | -41.1% | +1.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2018 |
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 Hesser College Alumni Association Inc 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, Hesser College Alumni Association Inc 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 (2019)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $2K, with revenue exceeding expenses.
- Debt-to-asset ratio: 1.0%.
Executive Compensation Analysis
Executive compensation is reported at 0% for both filing periods, indicating that the organization's leadership is entirely volunteer-based, which is highly efficient for an organization of its size with revenues under $10,000.
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 Hesser College Alumni Association Inc:
- Zero officer compensation reported, indicating volunteer leadership and efficient use of funds.
- Stable and growing asset base ($239,391 in 2018 to $241,743 in 2019) relative to its revenue.
- Very low liabilities ($2,306 across both periods), indicating strong financial solvency.
- Efficient expense management, with expenses decreasing in line with revenue fluctuations.
Frequently Asked Questions about Hesser College Alumni Association Inc
Is Hesser College Alumni Association Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Hesser College Alumni Association Inc (EIN: 20375266) appears legitimate. Mission Score: 95/100. 0 red flags identified, 4 strengths noted.
How does Hesser College Alumni Association Inc spend its money?
Hesser College Alumni Association Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Hesser College Alumni Association Inc tax-deductible?
Hesser College Alumni Association Inc is registered as a tax-exempt nonprofit (EIN: 20375266). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Hesser College Alumni Association Inc CEO make?
Hesser College Alumni Association Inc's highest-compensated officer earns $10,000. annually. The organization reported $9K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
How does Hesser College Alumni Association Inc compare to similar nonprofits?
With a transparency score of 95/100 (Excellent), Hesser College Alumni Association Inc is above average for NTEE category B84 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Hesser College Alumni Association Inc located?
Hesser College Alumni Association Inc is headquartered in Manchester, New Hampshire and files with the IRS under EIN 20375266. It is classified under NTEE code B84.
How many years of IRS 990 filings does Hesser College Alumni Association Inc have?
Hesser College Alumni Association Inc has 2 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $9K in total revenue.
Is Hesser College Alumni Association Inc. a good charity?
Based on the available data, the Hesser College Alumni Association Inc. appears to be a well-managed organization. It maintains stable assets, very low liabilities, and reports 0% officer compensation, suggesting a strong commitment to its mission with minimal overhead.
How does the organization manage its expenses?
The organization effectively manages its expenses, reducing them from $6,606 in 2018 to $3,888 in 2019, even as revenue decreased. This indicates a disciplined approach to financial management.
Filing History
IRS 990 filing history for Hesser College Alumni Association Inc showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2018–2019), Hesser College Alumni Association Inc's revenue has declined by 25.9%, moving from $8K to $6K. Total assets increased by 1% over the same period, from $239K to $242K. Total functional expenses fell by 41.1%, from $7K to $4K. In its most recent filing year (2019), Hesser College Alumni Association Inc reported a surplus of $2K, with revenue exceeding expenses. The organization holds $2K in liabilities against $242K in assets (debt-to-asset ratio: 1.0%), resulting in net assets of $239K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2019 | $6K | $4K | $242K | $2K | — | View 990 |
| 2018 | $8K | $7K | $239K | $2K | — | — |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Hesser College Alumni Association Inc:
Data Sources and Methodology
This transparency report for Hesser College Alumni Association 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.