Jaffrey Betterment Corporation
Jaffrey Betterment Corporation operates with volunteer leadership and fluctuating modest revenues, occasionally exceeding expenses.
EIN: 20517169 · Jaffrey, NH · NTEE: S80 · Updated: 2026-03-28
About Jaffrey Betterment Corporation
Jaffrey Betterment Corporation (EIN: 20517169) is a nonprofit organization based in Jaffrey, NH, classified under NTEE code S80. The organization reported total revenue of $6K and total assets of $20K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Jaffrey Betterment Corporation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Jaffrey Betterment Corporation 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: 10%
- programs: 80%
- fundraising: 10%
According to IRS 990 filings, Jaffrey Betterment Corporation allocates its expenses as follows: admin: 10%, programs: 80%, fundraising: 10%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Executive compensation is consistently reported as 0%, indicating that the organization is run by volunteers, which is a positive sign for donor funds directly supporting the mission rather than salaries.
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 Jaffrey Betterment Corporation's IRS 990 filings:
- Expenses frequently exceed revenue, potentially drawing down reserves (e.g., 202212: Expenses $7,159 vs. Revenue $3,700).
- Declining asset base in recent years (from $30,710 in 2021 to $19,181 in 2023).
Strengths
The following positive indicators were identified for Jaffrey Betterment Corporation:
- Consistent reporting of zero officer compensation, indicating volunteer leadership.
- No reported liabilities, suggesting sound financial management regarding debt.
- Long history of IRS 990 filings (14 filings), demonstrating commitment to transparency and compliance.
Frequently Asked Questions about Jaffrey Betterment Corporation
Is Jaffrey Betterment Corporation financially stable?
The organization's financial stability shows some variability. While it consistently reports zero liabilities, its expenses have exceeded revenue in several recent periods (e.g., 202212, 201912, 201812, 201712), suggesting reliance on accumulated assets or prior surpluses. Its asset base has also decreased from $30,710 in 2021 to $19,181 in 2023.
How does the organization manage its expenses relative to its income?
Jaffrey Betterment Corporation's expenses are often close to or sometimes exceed its revenue. For example, in 202212, expenses were $7,159 against revenue of $3,700. This indicates a tight budget and a potential need to draw from reserves or seek additional funding to cover operational costs.
What is the trend in the organization's assets?
The organization's assets have fluctuated over the years. They peaked at $30,710 in 2021 but have since declined to $19,181 in 2023, indicating a recent downward trend in its financial reserves.
Filing History
IRS 990 filing history for Jaffrey Betterment Corporation showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Jaffrey Betterment Corporation's revenue has grown by 84.6%, moving from $3K to $5K. Total assets increased by 40% over the same period, from $14K to $19K. Total functional expenses rose by 3.9%, from $5K to $5K. In its most recent filing year (2023), Jaffrey Betterment Corporation reported a surplus of $365, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $5K | $5K | $19K | $0 | — | — |
| 2022 | $4K | $7K | $27K | $0 | — | View 990 |
| 2021 | $14K | $12K | $31K | $0 | — | View 990 |
| 2020 | $21K | $15K | $29K | $0 | — | — |
| 2019 | $16K | $18K | $23K | $0 | — | View 990 |
| 2018 | $20K | $20K | $25K | $0 | — | View 990 |
| 2017 | $16K | $19K | $26K | $0 | — | View 990 |
| 2016 | $16K | $15K | $30K | $0 | — | View 990 |
| 2015 | $15K | $11K | $30K | $0 | — | View 990 |
| 2014 | $15K | $15K | $25K | $0 | — | View 990 |
| 2013 | $17K | $12K | $25K | $0 | — | View 990 |
| 2012 | $26K | $19K | $21K | $0 | — | View 990 |
| 2011 | $12K | $12K | $13K | $0 | — | View 990 |
| 2010 | $3K | $5K | $14K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $5K, expenses of $5K, and assets of $19K (revenue +37.6% year-over-year).
- 2022: Revenue of $4K, expenses of $7K, and assets of $27K (revenue -72.8% year-over-year).
- 2021: Revenue of $14K, expenses of $12K, and assets of $31K (revenue -34.6% year-over-year).
- 2020: Revenue of $21K, expenses of $15K, and assets of $29K (revenue +28.4% year-over-year).
- 2019: Revenue of $16K, expenses of $18K, and assets of $23K (revenue -17.9% year-over-year).
- 2018: Revenue of $20K, expenses of $20K, and assets of $25K (revenue +26.5% year-over-year).
- 2017: Revenue of $16K, expenses of $19K, and assets of $26K (revenue -1.2% year-over-year).
- 2016: Revenue of $16K, expenses of $15K, and assets of $30K (revenue +2.4% year-over-year).
- 2015: Revenue of $15K, expenses of $11K, and assets of $30K (revenue +4.7% year-over-year).
- 2014: Revenue of $15K, expenses of $15K, and assets of $25K (revenue -14.0% year-over-year).
- 2013: Revenue of $17K, expenses of $12K, and assets of $25K (revenue -34.1% year-over-year).
- 2012: Revenue of $26K, expenses of $19K, and assets of $21K (revenue +115.3% year-over-year).
- 2011: Revenue of $12K, expenses of $12K, and assets of $13K (revenue +337.4% year-over-year).
- 2010: Revenue of $3K, expenses of $5K, and assets of $14K.
Data Sources and Methodology
This transparency report for Jaffrey Betterment Corporation 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.