Kearsarge Area Council On Aging Inc Treasurer
Kearsarge Area Council On Aging Inc maintains stable finances with consistent asset growth and no reported officer compensation.
EIN: 20457703 · New London, NH · NTEE: P81Z · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $318K |
| Total Expenses | $274K |
| Program Spending | 90% |
| Net Assets | $1.1M |
| Transparency Score | 92/100 |
Is Kearsarge Area Council On Aging Inc Treasurer Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Kearsarge Area Council On Aging Inc Treasurer directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Kearsarge Area Council On Aging Inc Treasurer
Kearsarge Area Council On Aging Inc Treasurer (EIN: 20457703) is a nonprofit organization based in New London, NH, classified under NTEE code P81Z. The organization reported total revenue of $318K and total assets of $1.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Kearsarge Area Council On Aging Inc Treasurer's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Kearsarge Area Council On Aging Inc Treasurer is a small nonprofit that has been operating for 33 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 2.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $264K |
| Total Expenses | $274K |
| Surplus / Deficit | $-9,922 |
| Total Assets | $1.1M |
| Total Liabilities | $8K |
| Net Assets | $1.1M |
| Operating Margin | -3.8% |
| Debt-to-Asset Ratio | 0.7% |
| Months of Reserves | 50.4 months |
Financial Health Grade: B
In 2023, Kearsarge Area Council On Aging Inc Treasurer reported a deficit of $10K with expenses exceeding revenue, holds 50.4 months of operating reserves (strong position), has a debt-to-asset ratio of 0.7% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Kearsarge Area Council On Aging Inc Treasurer's revenue has grown at a compound annual growth rate (CAGR) of 2.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -5.8% | -1.1% | -0.4% |
| 2022 | +2.9% | +3.3% | -5.2% |
| 2021 | -10.2% | +6.1% | +5.0% |
| 2020 | +15.5% | +0.0% | +7.6% |
| 2019 | +20.5% | +4.2% | +7.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1993 |
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 Kearsarge Area Council On Aging Inc Treasurer with a Mission Score of 92 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Kearsarge Area Council On Aging Inc Treasurer allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% 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 $10K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.7%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that executive leadership is either entirely volunteer-based or compensated below IRS reporting thresholds, which is highly favorable for resource allocation.
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 Kearsarge Area Council On Aging Inc Treasurer's IRS 990 filings:
- Slight deficit in 2023, with expenses ($273,607) exceeding revenue ($263,685), warrants monitoring.
Strengths
The following positive indicators were identified for Kearsarge Area Council On Aging Inc Treasurer:
- Consistent asset growth from $976,686 in 2014 to $1,149,387 in 2023.
- Zero reported officer compensation across all available filings, indicating high efficiency.
- Low liabilities, with the highest reported at $22,835 in 2022, suggesting strong financial management.
- Stable financial operations with revenue and expenses generally balanced over time.
- Consistent IRS 990 filing history, demonstrating transparency.
Frequently Asked Questions about Kearsarge Area Council On Aging Inc Treasurer
Is Kearsarge Area Council On Aging Inc Treasurer a legitimate charity?
Based on AI analysis of IRS 990 filings, Kearsarge Area Council On Aging Inc Treasurer (EIN: 20457703) some concerns. Mission Score: 92/100. 1 red flag identified, 5 strengths noted.
How does Kearsarge Area Council On Aging Inc Treasurer spend its money?
Kearsarge Area Council On Aging Inc Treasurer directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Kearsarge Area Council On Aging Inc Treasurer tax-deductible?
Kearsarge Area Council On Aging Inc Treasurer is registered as a tax-exempt nonprofit (EIN: 20457703). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Kearsarge Area Council On Aging Inc Treasurer's spending goes to programs?
Kearsarge Area Council On Aging Inc Treasurer directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Kearsarge Area Council On Aging Inc Treasurer compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Kearsarge Area Council On Aging Inc Treasurer is above average for NTEE category P81Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Kearsarge Area Council On Aging Inc Treasurer located?
Kearsarge Area Council On Aging Inc Treasurer is headquartered in New London, New Hampshire and files with the IRS under EIN 20457703. It is classified under NTEE code P81Z.
How many years of IRS 990 filings does Kearsarge Area Council On Aging Inc Treasurer have?
Kearsarge Area Council On Aging Inc Treasurer 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 $318K in total revenue.
Is Kearsarge Area Council On Aging Inc a good charity?
Based on the available IRS 990 data, Kearsarge Area Council On Aging Inc appears to be a very good charity. It demonstrates strong financial health with growing assets, low liabilities, and a remarkable record of 0% reported officer compensation, suggesting a high dedication to its mission and efficient use of funds.
How has the organization's financial health changed over the last decade?
The organization's financial health has steadily improved over the last decade, with assets growing from $976,686 in 2014 to $1,149,387 in 2023. While revenue and expenses have fluctuated, they have generally remained balanced, indicating stable operations.
What is the organization's approach to executive compensation?
Kearsarge Area Council On Aging Inc has consistently reported 0% officer compensation in all available IRS 990 filings, indicating a highly efficient approach where executive leadership is likely volunteer-driven or compensated minimally, directing more funds to programs.
Filing History
IRS 990 filing history for Kearsarge Area Council On Aging Inc Treasurer showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Kearsarge Area Council On Aging Inc Treasurer's revenue has grown by 31.4%, moving from $201K to $264K. Total assets increased by 26.4% over the same period, from $909K to $1.1M. Total functional expenses rose by 45.3%, from $188K to $274K. In its most recent filing year (2023), Kearsarge Area Council On Aging Inc Treasurer reported a deficit of $10K, with expenses exceeding revenue. The organization holds $8K in liabilities against $1.1M in assets (debt-to-asset ratio: 0.7%), resulting in net assets of $1.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $264K | $274K | $1.1M | $8K | — | — |
| 2022 | $280K | $277K | $1.2M | $23K | — | View 990 |
| 2021 | $272K | $268K | $1.2M | $10K | — | View 990 |
| 2020 | $303K | $253K | $1.2M | $10K | — | View 990 |
| 2019 | $262K | $252K | $1.1M | $9K | — | View 990 |
| 2018 | $218K | $242K | $1.0M | $3K | — | View 990 |
| 2017 | $219K | $228K | $1.1M | $677 | — | View 990 |
| 2016 | $232K | $243K | $1.0M | $3K | — | View 990 |
| 2015 | $267K | $211K | $1.0M | $3K | — | View 990 |
| 2014 | $248K | $200K | $977K | $0 | — | View 990 |
| 2013 | $216K | $183K | $930K | $2K | — | View 990 |
| 2012 | $197K | $215K | $894K | $1K | — | View 990 |
| 2011 | $201K | $188K | $909K | $1K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $264K, expenses of $274K, and assets of $1.1M (revenue -5.8% year-over-year).
- 2022: Revenue of $280K, expenses of $277K, and assets of $1.2M (revenue +2.9% year-over-year).
- 2021: Revenue of $272K, expenses of $268K, and assets of $1.2M (revenue -10.2% year-over-year).
- 2020: Revenue of $303K, expenses of $253K, and assets of $1.2M (revenue +15.5% year-over-year).
- 2019: Revenue of $262K, expenses of $252K, and assets of $1.1M (revenue +20.5% year-over-year).
- 2018: Revenue of $218K, expenses of $242K, and assets of $1.0M (revenue -0.5% year-over-year).
- 2017: Revenue of $219K, expenses of $228K, and assets of $1.1M (revenue -5.6% year-over-year).
- 2016: Revenue of $232K, expenses of $243K, and assets of $1.0M (revenue -13.3% year-over-year).
- 2015: Revenue of $267K, expenses of $211K, and assets of $1.0M (revenue +7.7% year-over-year).
- 2014: Revenue of $248K, expenses of $200K, and assets of $977K (revenue +14.8% year-over-year).
- 2013: Revenue of $216K, expenses of $183K, and assets of $930K (revenue +9.9% year-over-year).
- 2012: Revenue of $197K, expenses of $215K, and assets of $894K (revenue -1.9% year-over-year).
- 2011: Revenue of $201K, expenses of $188K, and assets of $909K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Kearsarge Area Council On Aging Inc Treasurer:
Data Sources and Methodology
This transparency report for Kearsarge Area Council On Aging Inc Treasurer 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.