Hopkinton Public Library Foundation Of Hopkinton Nh

Hopkinton Public Library Foundation maintains strong assets despite fluctuating revenues and occasional deficit spending.

EIN: 20416647 · Contoocook, NH · Updated: 2026-03-28

$137KRevenue
$46KGross Revenue
$812KAssets
85/100Mission Score (Excellent)

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Hopkinton Public Library Foundation Of Hopkinton Nh is mapped to EIN 20416647.

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Hopkinton Public Library Foundation Of Hopkinton Nh Financial Summary
MetricValue
Total Revenue$137K
Total Expenses$173K
Program Spending85%
CEO/Top Officer Pay$136,550
Net Assets$717K
Transparency Score85/100

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Hopkinton Public Library Foundation Of Hopkinton Nh Form 990, Revenue, CEO Pay, and IRS Filing Signals

Hopkinton Public Library Foundation Of Hopkinton Nh is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around Hopkinton Public Library Foundation Of Hopkinton Nh in one place.

Form 990 Filing Summary

6 filing years are available, with latest revenue of $114K and expenses of $173K.

Revenue and Expenses

Hopkinton Public Library Foundation Of Hopkinton Nh reported $114K in revenue and $173K in expenses, a deficit of $59K.

Executive Compensation

Top officer compensation appears as $136,550 in the stored analysis, with context against revenue and expenses below.

Charity Score and Red Flags

85/100 mission score, 2 red flags, and 4 strengths are shown from structured and AI review.

Is Hopkinton Public Library Foundation Of Hopkinton Nh Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
2 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

IRS 990 Data Cockpit

Where the Money Comes From and Where It Goes

PendingDonor/Grant Funding
85%Program Expense
$0Grants Paid
6Stored Filing Years

Revenue Source Mix

Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.

Expense Deployment

Hopkinton Public Library Foundation Of Hopkinton Nh Expense Deployment
Program services$147K (85%)

Across stored filings, Hopkinton Public Library Foundation Of Hopkinton Nh shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.

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Hopkinton Public Library Foundation Of Hopkinton Nh Donor Decision Matrix
Decision LensSignalWhat to Inspect Next
LegitimacySome ConcernsGood filing record; 2 red flags identified
Mission spend85% to programsExcellent
Financial durabilityGrade B6 stored filing years
Peer contextCompare with Hellenic Society Paideia Of New HampshireNew Hampshire and category context

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Hopkinton Public Library Foundation Of Hopkinton Nh directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Hopkinton Public Library Foundation Of Hopkinton Nh

Hopkinton Public Library Foundation Of Hopkinton Nh (EIN: 20416647) is a nonprofit organization based in Contoocook, NH. The organization reported total revenue of $137K and total assets of $812K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Hopkinton Public Library Foundation Of Hopkinton Nh's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

38Years Operating
SmallSize Classification
6Years of Filings
MixedRevenue Trajectory

Hopkinton Public Library Foundation Of Hopkinton Nh is a small nonprofit that has been operating for 38 years, with 6 years of IRS 990 filings on record (2018–2023). Revenue has grown at a compound annual rate of -0.7%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$114K
Total Expenses$173K
Surplus / Deficit$-59,204
Total Assets$717K
Net Assets$717K
Operating Margin-51.9%
Months of Reserves49.7 months

Financial Health Grade: B

In 2023, Hopkinton Public Library Foundation Of Hopkinton Nh reported a deficit of $59K with expenses exceeding revenue, holds 49.7 months of operating reserves (strong position).

Financial Trends

Over 6 years of filings (2018–2023), Hopkinton Public Library Foundation Of Hopkinton Nh's revenue has declined at a compound annual growth rate (CAGR) of -0.7%.

YearRevenue ChangeExpense ChangeAsset Change
2023+84.1%+474.9%+2.5%
2022+14.4%+14.9%-16.4%
2021+162.1%+24.4%+10.6%
2020-72.3%-85.6%+13.2%
2019-37.0%+677.4%+0.1%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date1988

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

The Hopkinton Public Library Foundation of Hopkinton NH demonstrates a generally stable financial position with assets consistently over $600,000, reaching $812,108 in the latest period. Revenue has fluctuated significantly, from a low of $20,654 in 2020 to a high of $118,254 in 2018, and $136,550 in the latest period. The organization's expenses have also varied, with notable spikes in 2019 ($146,526) and 2023 ($173,263), which exceeded revenue in those years, indicating periods of deficit spending. However, the organization maintains zero liabilities in most recent filings, suggesting good financial management regarding debt. The foundation's spending efficiency appears to be focused primarily on its program services, given its mission to support the library. Without a detailed breakdown of expenses into program, administrative, and fundraising categories from the provided data, it's challenging to precisely quantify efficiency. However, the consistent asset base and the absence of officer compensation suggest that resources are likely directed towards the foundation's objectives rather than executive overhead. The organization's transparency is good, with six years of consistent IRS 990 filings available, and no reported officer compensation, which is a positive indicator for a nonprofit of this size. Overall, while there are periods where expenses outpaced revenue, the foundation's strong asset base and minimal liabilities provide a buffer. The lack of officer compensation further reinforces a commitment to directing funds towards its mission. The organization appears to be a well-managed entity supporting the Hopkinton Public Library.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Hopkinton Public Library Foundation Of Hopkinton Nh with a Mission Score of 85 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, Hopkinton Public Library Foundation Of Hopkinton Nh 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:

$114KTotal Revenue
$173KTotal Expenses
$717KTotal Assets
$717KNet Assets
  • The organization reported a deficit of $59K, with expenses exceeding revenue.

Executive Compensation Analysis

The organization reports 0% officer compensation across all available filings, indicating that executive leadership is either volunteer-based or compensated through other means not classified as officer compensation, which is a positive sign for a nonprofit of this size ($136,550 latest revenue, $812,108 assets).

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 Hopkinton Public Library Foundation Of Hopkinton Nh's IRS 990 filings:

  • Significant year-over-year revenue volatility
  • Expenses exceeded revenue in two of the last six reported periods (2019 and 2023)

Strengths

The following positive indicators were identified for Hopkinton Public Library Foundation Of Hopkinton Nh:

  • Strong and consistent asset base (latest $812,108)
  • Zero officer compensation reported across all filings
  • Consistently low or zero liabilities, indicating good debt management
  • Regular and transparent IRS 990 filing history

Frequently Asked Questions about Hopkinton Public Library Foundation Of Hopkinton Nh

Is Hopkinton Public Library Foundation Of Hopkinton Nh a legitimate charity?

Hopkinton Public Library Foundation Of Hopkinton Nh (EIN: 20416647) is a registered tax-exempt nonprofit based in New Hampshire. Our AI analysis gives it a Mission Score of 85/100. It has 6 years of IRS 990 filings on record. Total revenue: $137K. 2 red flags identified. 4 strengths noted. Financial health grade: B.

How does Hopkinton Public Library Foundation Of Hopkinton Nh spend its money?

Hopkinton Public Library Foundation Of Hopkinton Nh directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.

Are donations to Hopkinton Public Library Foundation Of Hopkinton Nh tax-deductible?

Hopkinton Public Library Foundation Of Hopkinton Nh is registered as a tax-exempt nonprofit (EIN: 20416647). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

How much does the Hopkinton Public Library Foundation Of Hopkinton Nh CEO make?

Hopkinton Public Library Foundation Of Hopkinton Nh's highest-compensated officer earns $136,550 annually. The organization reported $137K in total revenue. Executive compensation data is disclosed in IRS 990 filings.

What percentage of Hopkinton Public Library Foundation Of Hopkinton Nh's spending goes to programs?

Hopkinton Public Library Foundation Of Hopkinton Nh directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

Where is Hopkinton Public Library Foundation Of Hopkinton Nh located?

Hopkinton Public Library Foundation Of Hopkinton Nh is headquartered in Contoocook, New Hampshire and files with the IRS under EIN 20416647.

How many years of IRS 990 filings does Hopkinton Public Library Foundation Of Hopkinton Nh have?

Hopkinton Public Library Foundation Of Hopkinton Nh has 6 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 $137K in total revenue.

Is Hopkinton Public Library Foundation Of Hopkinton Nh a good charity?

Based on the available data, the foundation appears to be a good charity. It consistently files its IRS 990s, maintains a healthy asset base ($812,108 latest), and reports no officer compensation, suggesting a strong commitment to its mission without significant administrative overhead.

How does the organization manage its finances given periods of deficit spending?

While the organization experienced deficit spending in 2019 (expenses $146,526 vs. revenue $74,520) and 2023 (expenses $173,263 vs. revenue $114,059), its substantial asset base (e.g., $812,108 latest) and minimal liabilities (often $0) indicate it can absorb these fluctuations, likely drawing from reserves to cover expenses in leaner years.

What is the trend in the organization's revenue?

The organization's revenue has been highly variable, ranging from a low of $20,654 in 2020 to a high of $118,254 in 2018, and $136,550 in the latest period. This suggests reliance on fundraising efforts that can fluctuate year-to-year.

Filing History

IRS 990 filing history for Hopkinton Public Library Foundation Of Hopkinton Nh showing financial trends over 6 years of public records:

Over 6 years of IRS 990 filings (2018–2023), Hopkinton Public Library Foundation Of Hopkinton Nh's revenue has declined by 3.5%, moving from $118K to $114K. Total assets increased by 7.4% over the same period, from $667K to $717K. Total functional expenses rose by 819.3%, from $19K to $173K. In its most recent filing year (2023), Hopkinton Public Library Foundation Of Hopkinton Nh reported a deficit of $59K, with expenses exceeding revenue.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $114K $173K $717K $0
2022 $62K $30K $699K $0
2021 $54K $26K $836K $50 View 990
2020 $21K $21K $756K $2K View 990
2019 $75K $147K $668K $350 View 990
2018 $118K $19K $667K $0 View 990

Year-by-Year Financial Summary

  • 2023: Revenue of $114K, expenses of $173K, and assets of $717K (revenue +84.1% year-over-year).
  • 2022: Revenue of $62K, expenses of $30K, and assets of $699K (revenue +14.4% year-over-year).
  • 2021: Revenue of $54K, expenses of $26K, and assets of $836K (revenue +162.1% year-over-year).
  • 2020: Revenue of $21K, expenses of $21K, and assets of $756K (revenue -72.3% year-over-year).
  • 2019: Revenue of $75K, expenses of $147K, and assets of $668K (revenue -37.0% year-over-year).
  • 2018: Revenue of $118K, expenses of $19K, and assets of $667K.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Hopkinton Public Library Foundation Of Hopkinton Nh:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2018 Filing

Data Sources and Methodology

This transparency report for Hopkinton Public Library Foundation Of Hopkinton Nh 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.

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