Huntington At Nashua
Huntington At Nashua shows consistent revenue growth and asset accumulation, with a recent slight operational deficit.
EIN: 20518481 · Nashua, NH · NTEE: L22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $38.2M |
| Total Expenses | $13.5M |
| Program Spending | 80% |
| CEO/Top Officer Pay | $10 |
| Net Assets | $-3,614,197 |
| Transparency Score | 75/100 |
Is Huntington At Nashua Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Huntington At Nashua directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Huntington At Nashua
Huntington At Nashua (EIN: 20518481) is a nonprofit organization based in Nashua, NH, classified under NTEE code L22. The organization reported total revenue of $38.2M and total assets of $88.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Huntington At Nashua's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Huntington At Nashua is a large nonprofit that has been operating for 25 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 3.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $12.8M |
| Total Expenses | $13.5M |
| Surplus / Deficit | $-683,185 |
| Total Assets | $71.3M |
| Total Liabilities | $74.9M |
| Net Assets | $-3,614,197 |
| Operating Margin | -5.3% |
| Debt-to-Asset Ratio | 105.1% |
| Months of Reserves | 63.2 months |
Financial Health Grade: C
In 2023, Huntington At Nashua reported a deficit of $683K with expenses exceeding revenue, holds 63.2 months of operating reserves (strong position), has a debt-to-asset ratio of 105.1% (high leverage).
Financial Trends
Over 12 years of filings (2012–2023), Huntington At Nashua's revenue has grown at a compound annual growth rate (CAGR) of 3.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -20.7% | +14.1% | +1.9% |
| 2022 | +41.6% | +6.7% | +9.0% |
| 2021 | -11.2% | -3.7% | +2.8% |
| 2020 | +3.2% | +3.7% | -3.3% |
| 2019 | +5.2% | +2.0% | +3.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2001 |
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 Huntington At Nashua with a Mission Score of 75 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, Huntington At Nashua 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $683K, with expenses exceeding revenue.
- Debt-to-asset ratio: 105.1%.
Executive Compensation Analysis
The IRS 990 filings consistently report 0% officer compensation across all periods, which is highly unusual for an organization of this size with annual revenues exceeding $10 million. This either indicates that executive leadership is entirely volunteer-based, compensated through a related entity, or that compensation is reported under other expense categories, warranting further scrutiny for complete transparency.
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 Huntington At Nashua's IRS 990 filings:
- Consistent 0% officer compensation reported, which is unusual for an organization of this size and warrants further investigation into how executive leadership is compensated.
- Operational deficit in the most recent filing (202304), with expenses exceeding revenue by $683,185, breaking a trend of surpluses.
Strengths
The following positive indicators were identified for Huntington At Nashua:
- Consistent revenue generation, with latest revenue at $38,225,477 and annual revenues consistently above $10 million.
- Strong and growing asset base, increasing from $59,894,797 in 201404 to $71,282,533 in 202304.
- Generally positive operational surpluses in most years, indicating effective financial management.
- Improved solvency over time, with assets increasingly covering liabilities.
Frequently Asked Questions about Huntington At Nashua
Is Huntington At Nashua a legitimate charity?
Huntington At Nashua (EIN: 20518481) is a registered tax-exempt nonprofit based in New Hampshire. Our AI analysis gives it a Mission Score of 75/100. It has 12 years of IRS 990 filings on record. Total revenue: $38.2M. 2 red flags identified. 4 strengths noted. Financial health grade: C.
How does Huntington At Nashua spend its money?
Huntington At Nashua directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Huntington At Nashua tax-deductible?
Huntington At Nashua is registered as a tax-exempt nonprofit (EIN: 20518481). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Huntington At Nashua CEO make?
Huntington At Nashua's highest-compensated officer earns $10 annually. The organization reported $38.2M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Huntington At Nashua's spending goes to programs?
Huntington At Nashua directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Huntington At Nashua compare to similar nonprofits?
With a transparency score of 75/100 (Good), Huntington At Nashua is above average for NTEE category L22 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Huntington At Nashua located?
Huntington At Nashua is headquartered in Nashua, New Hampshire and files with the IRS under EIN 20518481. It is classified under NTEE code L22.
How many years of IRS 990 filings does Huntington At Nashua have?
Huntington At Nashua has 12 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 $38.2M in total revenue.
Is Huntington At Nashua financially stable?
Yes, Huntington At Nashua appears financially stable. While the 202304 filing shows a slight operational deficit ($12,846,117 revenue vs. $13,529,302 expenses), most prior years demonstrated surpluses. Assets have consistently grown from $59,894,797 in 201404 to $71,282,533 in 202304, and liabilities have become more manageable relative to assets.
How does Huntington At Nashua manage its executive compensation?
The provided IRS 990 data consistently reports 0% officer compensation across all 12 filings. This is an unusual finding for an organization of its scale and suggests that executive compensation may be structured differently (e.g., through a management company) or is genuinely non-existent, which would be a significant positive for resource allocation.
What is the trend in Huntington At Nashua's assets and liabilities?
Huntington At Nashua's assets have shown a strong upward trend, increasing from $59,894,797 in 201404 to $71,282,533 in 202304. Liabilities, while substantial, have also been managed, with assets exceeding liabilities in recent periods like 202204 ($69,976,352 assets vs. $73,652,039 liabilities) and 202304 ($71,282,533 assets vs. $74,896,730 liabilities), indicating improved solvency over time.
Is the recent operational deficit a concern?
The operational deficit in 202304 ($12,846,117 revenue vs. $13,529,302 expenses) is a point to monitor, but it does not immediately signal a major concern given the organization's history of surpluses and growing asset base. It could be due to one-time expenses or investment in future programs. A single year's deficit, especially after many years of surpluses, is not uncommon.
Filing History
IRS 990 filing history for Huntington At Nashua showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Huntington At Nashua's revenue has grown by 37.9%, moving from $9.3M to $12.8M. Total assets increased by 26.9% over the same period, from $56.2M to $71.3M. Total functional expenses rose by 45.5%, from $9.3M to $13.5M. In its most recent filing year (2023), Huntington At Nashua reported a deficit of $683K, with expenses exceeding revenue. The organization holds $74.9M in liabilities against $71.3M in assets (debt-to-asset ratio: 105.1%), resulting in net assets of $-3,614,197.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $12.8M | $13.5M | $71.3M | $74.9M | — | View 990 |
| 2022 | $16.2M | $11.9M | $70.0M | $73.7M | — | View 990 |
| 2021 | $11.4M | $11.1M | $64.2M | $68.5M | — | View 990 |
| 2020 | $12.9M | $11.5M | $62.5M | $71.2M | — | View 990 |
| 2019 | $12.5M | $11.1M | $64.6M | $71.2M | — | View 990 |
| 2018 | $11.9M | $10.9M | $62.4M | $70.7M | — | View 990 |
| 2017 | $11.2M | $10.3M | $62.4M | $71.6M | — | View 990 |
| 2016 | $10.4M | $10.2M | $61.3M | $72.2M | — | View 990 |
| 2015 | $10.3M | $9.5M | $61.2M | $72.5M | — | View 990 |
| 2014 | $10.3M | $9.2M | $59.9M | $72.3M | — | View 990 |
| 2013 | $9.6M | $9.6M | $56.2M | $69.4M | — | View 990 |
| 2012 | $9.3M | $9.3M | $56.2M | $64.2M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $12.8M, expenses of $13.5M, and assets of $71.3M (revenue -20.7% year-over-year).
- 2022: Revenue of $16.2M, expenses of $11.9M, and assets of $70.0M (revenue +41.6% year-over-year).
- 2021: Revenue of $11.4M, expenses of $11.1M, and assets of $64.2M (revenue -11.2% year-over-year).
- 2020: Revenue of $12.9M, expenses of $11.5M, and assets of $62.5M (revenue +3.2% year-over-year).
- 2019: Revenue of $12.5M, expenses of $11.1M, and assets of $64.6M (revenue +5.2% year-over-year).
- 2018: Revenue of $11.9M, expenses of $10.9M, and assets of $62.4M (revenue +6.3% year-over-year).
- 2017: Revenue of $11.2M, expenses of $10.3M, and assets of $62.4M (revenue +7.2% year-over-year).
- 2016: Revenue of $10.4M, expenses of $10.2M, and assets of $61.3M (revenue +1.4% year-over-year).
- 2015: Revenue of $10.3M, expenses of $9.5M, and assets of $61.2M (revenue -0.9% year-over-year).
- 2014: Revenue of $10.3M, expenses of $9.2M, and assets of $59.9M (revenue +8.1% year-over-year).
- 2013: Revenue of $9.6M, expenses of $9.6M, and assets of $56.2M (revenue +2.7% year-over-year).
- 2012: Revenue of $9.3M, expenses of $9.3M, and assets of $56.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Huntington At Nashua:
Data Sources and Methodology
This transparency report for Huntington At Nashua 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.