Immaculate Heart Of Mary School Inc
Immaculate Heart Of Mary School Inc. shows fluctuating revenues but consistent zero officer compensation over the past decade.
EIN: 203109807 · Winchester, NH · NTEE: B30 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $108K |
| Total Expenses | $120K |
| Program Spending | 80% |
| Net Assets | $63K |
| Transparency Score | 75/100 |
Is Immaculate Heart Of Mary School Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Immaculate Heart Of Mary School Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Immaculate Heart Of Mary School Inc
Immaculate Heart Of Mary School Inc (EIN: 203109807) is a nonprofit organization based in Winchester, NH, classified under NTEE code B30. The organization reported total revenue of $108K and total assets of $58K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Immaculate Heart Of Mary School Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Immaculate Heart Of Mary School Inc is a small nonprofit that has been operating for 18 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 2.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $136K |
| Total Expenses | $120K |
| Surplus / Deficit | +$15K |
| Total Assets | $65K |
| Total Liabilities | $2K |
| Net Assets | $63K |
| Operating Margin | 11.4% |
| Debt-to-Asset Ratio | 2.5% |
| Months of Reserves | 6.5 months |
Financial Health Grade: A
In 2023, Immaculate Heart Of Mary School Inc reported a surplus of $15K with revenue exceeding expenses, holds 6.5 months of operating reserves (strong position), has a debt-to-asset ratio of 2.5% (very low leverage).
Financial Trends
Over 12 years of filings (2012–2023), Immaculate Heart Of Mary School Inc's revenue has grown at a compound annual growth rate (CAGR) of 2.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +62.7% | -17.9% | +28.0% |
| 2022 | -57.1% | +59.3% | -58.1% |
| 2021 | +161.1% | -35.4% | +567.3% |
| 2020 | -58.4% | +3.2% | -79.0% |
| 2019 | +50.4% | +7.9% | +43.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2008 |
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 Immaculate Heart Of Mary School Inc 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, Immaculate Heart Of Mary School Inc 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 surplus of $15K, with revenue exceeding expenses.
- Debt-to-asset ratio: 2.5%.
Executive Compensation Analysis
Executive compensation is consistently reported at 0% across all available filings, indicating that no salaries are paid to officers, which is highly unusual for an organization of any size and suggests a volunteer-led leadership structure.
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 Immaculate Heart Of Mary School Inc's IRS 990 filings:
- Significant year-over-year revenue volatility (e.g., $194,309 in 2021 to $83,450 in 2022)
- Expenses exceeding revenue in multiple years (e.g., 2022, 2020, 2018, 2016)
Strengths
The following positive indicators were identified for Immaculate Heart Of Mary School Inc:
- Consistent 0% officer compensation, maximizing funds for mission
- Low liabilities across all reported periods
- Positive asset growth over the decade, from $18,807 in 2014 to $64,732 in 2023
- Consistent IRS 990 filing history, indicating transparency
Frequently Asked Questions about Immaculate Heart Of Mary School Inc
Is Immaculate Heart Of Mary School Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Immaculate Heart Of Mary School Inc (EIN: 203109807) some concerns. Mission Score: 75/100. 2 red flags identified, 4 strengths noted.
How does Immaculate Heart Of Mary School Inc spend its money?
Immaculate Heart Of Mary School Inc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Immaculate Heart Of Mary School Inc tax-deductible?
Immaculate Heart Of Mary School Inc is registered as a tax-exempt nonprofit (EIN: 203109807). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Immaculate Heart Of Mary School Inc's spending goes to programs?
Immaculate Heart Of Mary School Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Immaculate Heart Of Mary School Inc compare to similar nonprofits?
With a transparency score of 75/100 (Good), Immaculate Heart Of Mary School Inc is above average for NTEE category B30 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Immaculate Heart Of Mary School Inc located?
Immaculate Heart Of Mary School Inc is headquartered in Winchester, New Hampshire and files with the IRS under EIN 203109807. It is classified under NTEE code B30.
How many years of IRS 990 filings does Immaculate Heart Of Mary School Inc have?
Immaculate Heart Of Mary School Inc 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 $108K in total revenue.
Is Immaculate Heart Of Mary School Inc. financially stable given its fluctuating revenues?
While revenues fluctuate significantly (e.g., $194,309 in 2021 vs. $74,410 in 2020), the organization has generally maintained low liabilities and shown asset growth, suggesting a degree of resilience despite revenue volatility.
How does the 0% officer compensation impact the organization?
The 0% officer compensation indicates a volunteer-driven leadership, which can maximize funds available for programs but might also pose challenges in terms of professional management capacity and long-term sustainability if key roles are not formally compensated.
What is the trend in the organization's assets?
Assets have generally increased over the decade, from $18,807 in 2014 to $64,732 in 2023, indicating a positive trend in accumulating resources.
Filing History
IRS 990 filing history for Immaculate Heart Of Mary School Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Immaculate Heart Of Mary School Inc's revenue has grown by 31.4%, moving from $103K to $136K. Total assets increased by 350.8% over the same period, from $14K to $65K. Total functional expenses rose by 4.5%, from $115K to $120K. In its most recent filing year (2023), Immaculate Heart Of Mary School Inc reported a surplus of $15K, with revenue exceeding expenses. The organization holds $2K in liabilities against $65K in assets (debt-to-asset ratio: 2.5%), resulting in net assets of $63K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $136K | $120K | $65K | $2K | — | View 990 |
| 2022 | $83K | $147K | $51K | $3K | — | View 990 |
| 2021 | $194K | $92K | $121K | $2K | — | — |
| 2020 | $74K | $142K | $18K | $2K | — | View 990 |
| 2019 | $179K | $138K | $86K | $2K | — | View 990 |
| 2018 | $119K | $128K | $60K | $16K | — | View 990 |
| 2017 | $166K | $124K | $55K | $2K | — | View 990 |
| 2016 | $114K | $127K | $12K | $2K | — | View 990 |
| 2015 | $119K | $112K | $26K | $2K | — | View 990 |
| 2014 | $103K | $98K | $19K | $2K | — | View 990 |
| 2013 | $119K | $119K | $13K | $2K | — | View 990 |
| 2012 | $103K | $115K | $14K | $2K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $136K, expenses of $120K, and assets of $65K (revenue +62.7% year-over-year).
- 2022: Revenue of $83K, expenses of $147K, and assets of $51K (revenue -57.1% year-over-year).
- 2021: Revenue of $194K, expenses of $92K, and assets of $121K (revenue +161.1% year-over-year).
- 2020: Revenue of $74K, expenses of $142K, and assets of $18K (revenue -58.4% year-over-year).
- 2019: Revenue of $179K, expenses of $138K, and assets of $86K (revenue +50.4% year-over-year).
- 2018: Revenue of $119K, expenses of $128K, and assets of $60K (revenue -28.4% year-over-year).
- 2017: Revenue of $166K, expenses of $124K, and assets of $55K (revenue +45.6% year-over-year).
- 2016: Revenue of $114K, expenses of $127K, and assets of $12K (revenue -4.2% year-over-year).
- 2015: Revenue of $119K, expenses of $112K, and assets of $26K (revenue +15.1% year-over-year).
- 2014: Revenue of $103K, expenses of $98K, and assets of $19K (revenue -13.2% year-over-year).
- 2013: Revenue of $119K, expenses of $119K, and assets of $13K (revenue +15.2% year-over-year).
- 2012: Revenue of $103K, expenses of $115K, and assets of $14K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Immaculate Heart Of Mary School Inc:
Data Sources and Methodology
This transparency report for Immaculate Heart Of Mary School 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.