Historic Harrisville Inc
Historic Harrisville Inc shows strong financial growth and no reported officer compensation, with assets exceeding $6.3 million in 2023.
EIN: 20301103 · Harrisville, NH · NTEE: A82Z · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.7M |
| Total Expenses | $1.3M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $6.3 |
| Net Assets | $5.6M |
| Transparency Score | 90/100 |
Is Historic Harrisville Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Historic Harrisville Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Historic Harrisville Inc
Historic Harrisville Inc (EIN: 20301103) is a nonprofit organization based in Harrisville, NH, classified under NTEE code A82Z. The organization reported total revenue of $1.7M and total assets of $6.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Historic Harrisville Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Historic Harrisville Inc is a mid-size nonprofit that has been operating for 55 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 9.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.0M |
| Total Expenses | $1.3M |
| Surplus / Deficit | +$709K |
| Total Assets | $6.3M |
| Total Liabilities | $702K |
| Net Assets | $5.6M |
| Operating Margin | 34.8% |
| Debt-to-Asset Ratio | 11.1% |
| Months of Reserves | 57.3 months |
Financial Health Grade: A
In 2023, Historic Harrisville Inc reported a surplus of $709K with revenue exceeding expenses, holds 57.3 months of operating reserves (strong position), has a debt-to-asset ratio of 11.1% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Historic Harrisville Inc's revenue has grown at a compound annual growth rate (CAGR) of 9.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +56.4% | -1.9% | +11.1% |
| 2022 | +14.8% | +12.1% | -0.6% |
| 2021 | +9.2% | +18.3% | -0.8% |
| 2020 | +2.3% | -6.7% | -0.2% |
| 2019 | -14.3% | +0.8% | -0.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1971 |
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 Historic Harrisville Inc with a Mission Score of 90 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, Historic Harrisville Inc 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $709K, with revenue exceeding expenses.
- Debt-to-asset ratio: 11.1%.
Executive Compensation Analysis
Historic Harrisville Inc has consistently reported 0% officer compensation across all available filings, indicating that its leadership either serves on a volunteer basis or is compensated through other means not categorized as officer compensation, which is highly unusual for an organization of its size and asset base ($6.3 million in 2023).
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 Historic Harrisville Inc's IRS 990 filings:
- Lack of detailed functional expense breakdown (program, admin, fundraising) in provided summary data, making precise efficiency analysis difficult.
- Unusually low (0%) reported officer compensation for an organization with over $6 million in assets, which could indicate compensation is reported under other categories or a fully volunteer executive structure.
Strengths
The following positive indicators were identified for Historic Harrisville Inc:
- Consistent asset growth, reaching $6,343,773 in 2023.
- Significant operating surplus in 2023 ($2,037,075 revenue vs. $1,328,235 expenses).
- No reported officer compensation, suggesting high resource allocation to mission.
- Low liability-to-asset ratio, indicating strong financial health.
- Consistent IRS 990 filing history, demonstrating transparency.
Frequently Asked Questions about Historic Harrisville Inc
Is Historic Harrisville Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Historic Harrisville Inc (EIN: 20301103) some concerns. Mission Score: 90/100. 2 red flags identified, 5 strengths noted.
How does Historic Harrisville Inc spend its money?
Historic Harrisville Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Historic Harrisville Inc tax-deductible?
Historic Harrisville Inc is registered as a tax-exempt nonprofit (EIN: 20301103). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Historic Harrisville Inc CEO make?
Historic Harrisville Inc's highest-compensated officer earns $6.3 annually. The organization reported $1.7M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Historic Harrisville Inc's spending goes to programs?
Historic Harrisville Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Historic Harrisville Inc compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Historic Harrisville Inc is above average for NTEE category A82Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Historic Harrisville Inc located?
Historic Harrisville Inc is headquartered in Harrisville, New Hampshire and files with the IRS under EIN 20301103. It is classified under NTEE code A82Z.
How many years of IRS 990 filings does Historic Harrisville Inc have?
Historic Harrisville Inc 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 $1.7M in total revenue.
Is Historic Harrisville Inc financially stable?
Yes, Historic Harrisville Inc appears financially stable. Its assets have consistently grown, reaching $6,343,773 in 2023, and it reported a significant operating surplus of over $700,000 in the same year ($2,037,075 revenue vs. $1,328,235 expenses).
How does Historic Harrisville Inc manage executive compensation?
The organization reports 0% officer compensation across all available IRS 990 filings, suggesting that its executive leadership is either entirely volunteer-based or compensated in a manner not classified as officer compensation on the 990 form.
Has Historic Harrisville Inc's revenue been consistent?
Revenue has fluctuated but shown an upward trend, with a notable peak of $2,037,075 in 2023, significantly higher than previous years which typically ranged from $1.0 million to $1.3 million.
What is the trend in the organization's assets?
Historic Harrisville Inc has demonstrated consistent asset growth over the past decade, increasing from $5,534,376 in 2014 to $6,343,773 in 2023, indicating effective financial management and accumulation of resources.
Filing History
IRS 990 filing history for Historic Harrisville Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Historic Harrisville Inc's revenue has grown by 185.8%, moving from $713K to $2.0M. Total assets increased by 30.5% over the same period, from $4.9M to $6.3M. Total functional expenses rose by 59.4%, from $833K to $1.3M. In its most recent filing year (2023), Historic Harrisville Inc reported a surplus of $709K, with revenue exceeding expenses. The organization holds $702K in liabilities against $6.3M in assets (debt-to-asset ratio: 11.1%), resulting in net assets of $5.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.0M | $1.3M | $6.3M | $702K | — | — |
| 2022 | $1.3M | $1.4M | $5.7M | $780K | — | View 990 |
| 2021 | $1.1M | $1.2M | $5.7M | $762K | — | View 990 |
| 2020 | $1.0M | $1.0M | $5.8M | $737K | — | View 990 |
| 2019 | $1.0M | $1.1M | $5.8M | $768K | — | View 990 |
| 2018 | $1.2M | $1.1M | $5.8M | $721K | — | View 990 |
| 2017 | $1.1M | $1.1M | $5.6M | $604K | — | — |
| 2016 | $1000K | $966K | $5.6M | $536K | — | View 990 |
| 2015 | $904K | $931K | $5.5M | $550K | — | View 990 |
| 2014 | $1.2M | $900K | $5.5M | $520K | — | View 990 |
| 2013 | $1.2M | $929K | $5.3M | $639K | — | View 990 |
| 2012 | $967K | $845K | $5.0M | $670K | — | View 990 |
| 2011 | $713K | $833K | $4.9M | $634K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.0M, expenses of $1.3M, and assets of $6.3M (revenue +56.4% year-over-year).
- 2022: Revenue of $1.3M, expenses of $1.4M, and assets of $5.7M (revenue +14.8% year-over-year).
- 2021: Revenue of $1.1M, expenses of $1.2M, and assets of $5.7M (revenue +9.2% year-over-year).
- 2020: Revenue of $1.0M, expenses of $1.0M, and assets of $5.8M (revenue +2.3% year-over-year).
- 2019: Revenue of $1.0M, expenses of $1.1M, and assets of $5.8M (revenue -14.3% year-over-year).
- 2018: Revenue of $1.2M, expenses of $1.1M, and assets of $5.8M (revenue +11.3% year-over-year).
- 2017: Revenue of $1.1M, expenses of $1.1M, and assets of $5.6M (revenue +6.4% year-over-year).
- 2016: Revenue of $1000K, expenses of $966K, and assets of $5.6M (revenue +10.6% year-over-year).
- 2015: Revenue of $904K, expenses of $931K, and assets of $5.5M (revenue -27.7% year-over-year).
- 2014: Revenue of $1.2M, expenses of $900K, and assets of $5.5M (revenue +3.1% year-over-year).
- 2013: Revenue of $1.2M, expenses of $929K, and assets of $5.3M (revenue +25.3% year-over-year).
- 2012: Revenue of $967K, expenses of $845K, and assets of $5.0M (revenue +35.7% year-over-year).
- 2011: Revenue of $713K, expenses of $833K, and assets of $4.9M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Historic Harrisville Inc:
Data Sources and Methodology
This transparency report for Historic Harrisville 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.