Keene Educational Association

Keene Educational Association consistently operates near break-even with zero liabilities and no reported officer compensation.

EIN: 20347755 · Keene, NH · Updated: 2026-03-28

$184KRevenue
$104KAssets
75/100Mission Score (Good)
Keene Educational Association Financial Summary
MetricValue
Total Revenue$184K
Total Expenses$181K
Program Spending80%
CEO/Top Officer Pay$180,000.
Net Assets$103K
Transparency Score75/100

Is Keene Educational Association 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 →

Keene Educational Association directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Keene Educational Association

Keene Educational Association (EIN: 20347755) is a nonprofit organization based in Keene, NH. The organization reported total revenue of $184K and total assets of $104K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Keene Educational Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

32Years Operating
SmallSize Classification
13Years of Filings
MixedRevenue Trajectory

Keene Educational Association is a small nonprofit that has been operating for 32 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 0.1%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$183K
Total Expenses$181K
Surplus / Deficit+$2K
Total Assets$103K
Net Assets$103K
Operating Margin0.9%
Months of Reserves6.9 months

Financial Health Grade: A

In 2023, Keene Educational Association reported a surplus of $2K with revenue exceeding expenses, holds 6.9 months of operating reserves (strong position).

Financial Trends

Over 13 years of filings (2011–2023), Keene Educational Association's revenue has grown at a compound annual growth rate (CAGR) of 0.1%.

YearRevenue ChangeExpense ChangeAsset Change
2023+1.8%-3.5%+1.7%
2022-5.5%-1.4%-7.4%
2021+15.9%+4.8%-0.4%
2020-5.0%+35.4%-13.9%
2019+7.7%-37.6%+42.9%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date1994

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

AI Transparency Report

The Keene Educational Association demonstrates consistent financial activity, with revenues and expenses generally in the range of $160,000 to $190,000 over the past several years. In the latest period (202312), the organization reported revenues of $182,638 against expenses of $180,911, indicating a near break-even operation. While the organization maintains a modest asset base, most recently $103,353, it consistently reports zero liabilities, which is a strong indicator of financial stability and responsible management. The absence of officer compensation reported across all filings suggests that leadership may be volunteer-based or compensated through other means not categorized as officer compensation, which can contribute to lower administrative overhead. However, without a detailed breakdown of expenses into program, administrative, and fundraising categories, it's challenging to fully assess spending efficiency. The consistent reporting of zero liabilities and no officer compensation points to a lean operational structure. The organization's financial health appears stable, operating close to its revenue capacity without accumulating debt. Transparency regarding the allocation of expenses would further enhance the understanding of its operational effectiveness and program impact.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Keene Educational Association 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, Keene Educational Association 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:

$183KTotal Revenue
$181KTotal Expenses
$103KTotal Assets
$103KNet Assets
  • The organization reported a surplus of $2K, with revenue exceeding expenses.

Executive Compensation Analysis

The organization consistently reports 0% officer compensation across all available filings, suggesting that executive leadership is either unpaid or compensated through mechanisms not classified as officer compensation on the 990, which is notable for an organization with annual revenues around $180,000.

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 Keene Educational Association's IRS 990 filings:

  • Lack of detailed expense breakdown (program, admin, fundraising) in provided data
  • NTEE Code is unknown, limiting understanding of specific mission area

Strengths

The following positive indicators were identified for Keene Educational Association:

  • Consistent reporting of zero liabilities across all filings
  • No reported officer compensation, indicating potentially low overhead
  • Stable financial operations with revenues generally covering expenses
  • Modest but consistent asset base

Frequently Asked Questions about Keene Educational Association

Is Keene Educational Association a legitimate charity?

Keene Educational Association (EIN: 20347755) is a registered tax-exempt nonprofit based in New Hampshire. Our AI analysis gives it a Mission Score of 75/100. It has 13 years of IRS 990 filings on record. Total revenue: $184K. 2 red flags identified. 4 strengths noted. Financial health grade: A.

How does Keene Educational Association spend its money?

Keene Educational Association directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.

Are donations to Keene Educational Association tax-deductible?

Keene Educational Association is registered as a tax-exempt nonprofit (EIN: 20347755). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

How much does the Keene Educational Association CEO make?

Keene Educational Association's highest-compensated officer earns $180,000. annually. The organization reported $184K in total revenue. Executive compensation data is disclosed in IRS 990 filings.

What percentage of Keene Educational Association's spending goes to programs?

Keene Educational Association directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

Where is Keene Educational Association located?

Keene Educational Association is headquartered in Keene, New Hampshire and files with the IRS under EIN 20347755.

How many years of IRS 990 filings does Keene Educational Association have?

Keene Educational Association 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 $184K in total revenue.

What are the specific programs and activities that Keene Educational Association funds?

The provided IRS 990 data does not detail the specific programs or activities. Further investigation into their mission statement or annual reports would be necessary.

How does Keene Educational Association manage to operate with zero reported officer compensation?

The consistent reporting of 0% officer compensation suggests that the organization's leadership may be entirely volunteer-based or compensated through non-officer roles, which is a significant factor in managing expenses.

What is the typical breakdown of expenses for program services versus administrative costs?

The provided data does not offer a detailed breakdown of expenses into program, administrative, or fundraising categories, making it difficult to precisely determine spending efficiency without further information.

Has the organization experienced significant growth or decline in recent years?

The organization's revenue and expenses have remained relatively stable, fluctuating between approximately $160,000 and $190,000 over the past five years, indicating consistent operations rather than significant growth or decline.

Filing History

IRS 990 filing history for Keene Educational Association showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Keene Educational Association's revenue has grown by 1.2%, moving from $181K to $183K. Total assets decreased by 6.3% over the same period, from $110K to $103K. Total functional expenses fell by 5.2%, from $191K to $181K. In its most recent filing year (2023), Keene Educational Association reported a surplus of $2K, with revenue exceeding expenses.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $183K $181K $103K $0
2022 $179K $188K $102K $0 View 990
2021 $190K $190K $110K $0 View 990
2020 $164K $182K $110K $0 View 990
2019 $172K $134K $128K $0 View 990
2018 $160K $215K $90K $0 View 990
2017 $158K $82K $144K $0 View 990
2016 $171K $163K $68K $0 View 990
2015 $178K $191K $61K $0 View 990
2014 $241K $222K $74K $0 View 990
2013 $187K $192K $55K $0 View 990
2012 $193K $244K $60K $0 View 990
2011 $181K $191K $110K $0 View 990

Year-by-Year Financial Summary

  • 2023: Revenue of $183K, expenses of $181K, and assets of $103K (revenue +1.8% year-over-year).
  • 2022: Revenue of $179K, expenses of $188K, and assets of $102K (revenue -5.5% year-over-year).
  • 2021: Revenue of $190K, expenses of $190K, and assets of $110K (revenue +15.9% year-over-year).
  • 2020: Revenue of $164K, expenses of $182K, and assets of $110K (revenue -5.0% year-over-year).
  • 2019: Revenue of $172K, expenses of $134K, and assets of $128K (revenue +7.7% year-over-year).
  • 2018: Revenue of $160K, expenses of $215K, and assets of $90K (revenue +1.0% year-over-year).
  • 2017: Revenue of $158K, expenses of $82K, and assets of $144K (revenue -7.1% year-over-year).
  • 2016: Revenue of $171K, expenses of $163K, and assets of $68K (revenue -4.2% year-over-year).
  • 2015: Revenue of $178K, expenses of $191K, and assets of $61K (revenue -26.1% year-over-year).
  • 2014: Revenue of $241K, expenses of $222K, and assets of $74K (revenue +28.6% year-over-year).
  • 2013: Revenue of $187K, expenses of $192K, and assets of $55K (revenue -3.1% year-over-year).
  • 2012: Revenue of $193K, expenses of $244K, and assets of $60K (revenue +7.1% year-over-year).
  • 2011: Revenue of $181K, expenses of $191K, and assets of $110K.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Keene Educational Association:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for Keene Educational Association 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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