Kingston Veterans Club Inc

Kingston Veterans Club Inc operates near break-even with no reported officer compensation.

EIN: 20276895 · Kingston, NH · NTEE: W30 · Updated: 2026-03-28

$606KRevenue

$131KAssets

85/100Mission Score (Excellent)

W30

About Kingston Veterans Club Inc

Kingston Veterans Club Inc (EIN: 20276895) is a nonprofit organization based in Kingston, NH, classified under NTEE code W30. The organization reported total revenue of $606K and total assets of $131K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Kingston Veterans Club Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

The Kingston Veterans Club Inc demonstrates a consistent operational pattern with revenues closely matching expenses over the past two reported periods. In 2023, the organization reported revenues of $249,828 against expenses of $273,006, indicating a slight deficit for the year. The prior year, 2022, showed revenues of $219,777 and expenses of $219,672, reflecting a near break-even operation. The organization's assets have fluctuated, decreasing from $149,040 in 2022 to $126,137 in 2023, while liabilities remained low and stable, suggesting good financial management of debt. The absence of reported officer compensation in both filings indicates a volunteer-led executive structure, which is a positive sign for donor confidence and efficient use of funds.

Given the NTEE code W30 (Veterans' Organizations), the financial data suggests the club is primarily focused on its mission without significant accumulation of wealth or high overhead. The consistent spending patterns relative to revenue indicate a stable, albeit not rapidly growing, financial position. The organization's transparency is bolstered by its consistent IRS 990 filings, providing public access to its financial activities.

Overall, the Kingston Veterans Club Inc appears to be a financially stable organization, operating close to its means, with a strong emphasis on direct mission-related activities given the lack of executive compensation. Its modest asset base and low liabilities suggest a focus on current operations rather than large-scale capital accumulation.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Kingston Veterans Club Inc with a Mission Score of 85 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, Kingston Veterans Club Inc 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.

Executive Compensation Analysis

Executive compensation is reported as 0% in both 2022 and 2023 filings, indicating a volunteer-led organization. This is highly efficient for an organization of its size, with revenues around $200,000-$250,000 annually, as it directs more funds to its mission.

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.

Strengths

The following positive indicators were identified for Kingston Veterans Club Inc:

No reported officer compensation, indicating volunteer leadership and efficient use of funds.
Low liabilities ($4,107 in 2023), suggesting good debt management.
Consistent IRS 990 filings, demonstrating transparency.
Expenses closely align with revenues, indicating responsible financial planning.

Frequently Asked Questions about Kingston Veterans Club Inc

Is Kingston Veterans Club Inc a good charity?

Based on the available IRS 990 data, the Kingston Veterans Club Inc appears to be a good charity. It operates efficiently with no reported officer compensation, indicating that funds are likely directed towards its programs. Its expenses closely match its revenues, suggesting responsible financial management without excessive accumulation or deficits.

How has the organization's financial health changed over the past two years?

The organization's financial health has remained relatively stable. Revenues increased from $219,777 in 2022 to $249,828 in 2023. Expenses also increased from $219,672 to $273,006, resulting in a slight deficit in 2023 compared to a near break-even in 2022. Assets decreased slightly from $149,040 to $126,137, while liabilities remained low and stable.

What is the organization's approach to executive compensation?

The Kingston Veterans Club Inc reports 0% officer compensation for both the 2022 and 2023 periods. This indicates that the organization's leadership is likely volunteer-based, which is a strong positive for directing resources to its mission rather than administrative salaries.

Filing History

IRS 990 filing history for Kingston Veterans Club Inc showing financial trends over 2 years of public records:

Over 2 years of IRS 990 filings (2022–2023), Kingston Veterans Club Inc's revenue has grown by 13.7%, moving from $220K to $250K. Total assets decreased by 15.4% over the same period, from $149K to $126K. Total functional expenses rose by 24.3%, from $220K to $273K. In its most recent filing year (2023), Kingston Veterans Club Inc reported a deficit of $23K, with expenses exceeding revenue. The organization holds $4K in liabilities against $126K in assets (debt-to-asset ratio: 3.3%), resulting in net assets of $122K.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$250K	$273K	$126K	$4K	—	View 990
2022	$220K	$220K	$149K	$4K	—	—

Data Sources and Methodology

This transparency report for Kingston Veterans Club 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.