Hillsborough Historical Society
Hillsborough Historical Society reports $0 revenue and assets in latest filing, a sharp decline from previous years.
EIN: 20363649 · Hillsboro, NH · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Expenses | $19K |
| Program Spending | 80% |
| Net Assets | $129K |
| Transparency Score | 65/100 |
Is Hillsborough Historical Society Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Hillsborough Historical Society directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Hillsborough Historical Society
Hillsborough Historical Society (EIN: 20363649) is a nonprofit organization based in Hillsboro, NH. 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 Hillsborough Historical Society's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Hillsborough Historical Society is a micro nonprofit that has been operating for 43 years, with 9 years of IRS 990 filings on record (2011–2019). Revenue has grown at a compound annual rate of -7.7%.
Key Financial Metrics (2019)
From the most recent IRS 990 filing on record:
| Total Revenue | $20K |
| Total Expenses | $19K |
| Surplus / Deficit | +$2K |
| Total Assets | $129K |
| Net Assets | $129K |
| Operating Margin | 7.4% |
| Months of Reserves | 82.5 months |
Financial Health Grade: A
In 2019, Hillsborough Historical Society reported a surplus of $2K with revenue exceeding expenses, holds 82.5 months of operating reserves (strong position).
Financial Trends
Over 9 years of filings (2011–2019), Hillsborough Historical Society's revenue has declined at a compound annual growth rate (CAGR) of -7.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2019 | -34.8% | -52.1% | +7.6% |
| 2018 | -16.2% | +5.0% | -6.7% |
| 2017 | +20.5% | -23.2% | +69.2% |
| 2016 | -48.7% | -35.7% | -19.0% |
| 2015 | -3.6% | +11.4% | -20.6% |
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 Hillsborough Historical Society with a Mission Score of 65 out of 100 (Good). 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, Hillsborough Historical Society 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.
Key Financial Metrics (2019)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $2K, with revenue exceeding expenses.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that its leadership is likely volunteer-based and does not draw a salary, which is common for small historical societies.
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 Hillsborough Historical Society's IRS 990 filings:
- Reported $0 revenue and assets in the latest filing (Period 201912), which is a significant and unexplained deviation from historical trends.
- Expenses frequently exceeded revenue in multiple years (e.g., 2018, 2017, 2016, 2015, 2014), indicating potential operational deficits.
- Lack of detailed expense breakdown (program, admin, fundraising) in the provided summary limits a full assessment of spending efficiency.
Strengths
The following positive indicators were identified for Hillsborough Historical Society:
- Consistently reports 0% officer compensation, suggesting a volunteer-driven leadership and efficient use of funds for personnel.
- Maintained positive assets and generally low liabilities in most reporting periods prior to the latest filing.
- Long filing history (9 filings) indicates a commitment to transparency over time.
Frequently Asked Questions about Hillsborough Historical Society
Is Hillsborough Historical Society a legitimate charity?
Based on AI analysis of IRS 990 filings, Hillsborough Historical Society (EIN: 20363649) some concerns. Mission Score: 65/100. 3 red flags identified, 3 strengths noted.
How does Hillsborough Historical Society spend its money?
Hillsborough Historical Society directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Hillsborough Historical Society tax-deductible?
Hillsborough Historical Society is registered as a tax-exempt nonprofit (EIN: 20363649). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Hillsborough Historical Society's spending goes to programs?
Hillsborough Historical Society directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Hillsborough Historical Society located?
Hillsborough Historical Society is headquartered in Hillsboro, New Hampshire and files with the IRS under EIN 20363649.
How many years of IRS 990 filings does Hillsborough Historical Society have?
Hillsborough Historical Society 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.
Why did Hillsborough Historical Society report $0 in revenue and assets for the latest period?
The latest filing (Period 201912) shows $0 in both revenue and assets, which is a significant departure from previous years where revenue ranged from $20,337 to $62,492 and assets from $76,168 to $303,621. This anomaly requires clarification to understand the organization's current operational status.
Is the Hillsborough Historical Society financially stable?
Prior to the latest $0 filing, the organization generally maintained positive assets and low liabilities. However, expenses frequently exceeded revenue in several years (e.g., 2018, 2017, 2016, 2015, 2014), indicating a reliance on reserves or other funding sources. The $0 reported in the latest period raises serious questions about its current financial stability.
How does the organization fund its operations given fluctuating revenues?
With revenues fluctuating significantly and expenses often exceeding income, the organization likely relies on accumulated assets, grants, or specific fundraising campaigns not detailed in the summary. The consistent reporting of 0% officer compensation suggests a lean operational model.
Filing History
IRS 990 filing history for Hillsborough Historical Society showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2011–2019), Hillsborough Historical Society's revenue has declined by 47.2%, moving from $39K to $20K. Total assets decreased by 57.4% over the same period, from $304K to $129K. In its most recent filing year (2019), Hillsborough Historical Society reported a surplus of $2K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2019 | $20K | $19K | $129K | $0 | — | View 990 |
| 2018 | $31K | $39K | $120K | $0 | — | View 990 |
| 2017 | $37K | $37K | $129K | $0 | — | View 990 |
| 2016 | $31K | $49K | $76K | $0 | — | View 990 |
| 2015 | $60K | $76K | $94K | $0 | — | View 990 |
| 2014 | $62K | $68K | $118K | $9K | — | View 990 |
| 2013 | $4K | $20K | $215K | $155 | — | View 990 |
| 2012 | $53K | $45K | $270K | $0 | — | View 990 |
| 2011 | $39K | $-39,666 | $304K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2019: Revenue of $20K, expenses of $19K, and assets of $129K (revenue -34.8% year-over-year).
- 2018: Revenue of $31K, expenses of $39K, and assets of $120K (revenue -16.2% year-over-year).
- 2017: Revenue of $37K, expenses of $37K, and assets of $129K (revenue +20.5% year-over-year).
- 2016: Revenue of $31K, expenses of $49K, and assets of $76K (revenue -48.7% year-over-year).
- 2015: Revenue of $60K, expenses of $76K, and assets of $94K (revenue -3.6% year-over-year).
- 2014: Revenue of $62K, expenses of $68K, and assets of $118K (revenue +1414.2% year-over-year).
- 2013: Revenue of $4K, expenses of $20K, and assets of $215K (revenue -92.2% year-over-year).
- 2012: Revenue of $53K, expenses of $45K, and assets of $270K (revenue +38.0% year-over-year).
- 2011: Revenue of $39K, expenses of $-39,666, and assets of $304K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Hillsborough Historical Society:
Data Sources and Methodology
This transparency report for Hillsborough Historical Society 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.