Laconia Christian Fellowship Fund Inc
Laconia Christian Fellowship Fund Inc consistently maintains low expenses and zero liabilities, growing assets steadily.
EIN: 20526949 · Laconia, NH · NTEE: X11 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $22K |
| Total Expenses | $5K |
| Program Spending | 90% |
| Net Assets | $227K |
| Transparency Score | 95/100 |
Is Laconia Christian Fellowship Fund Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Laconia Christian Fellowship Fund Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Laconia Christian Fellowship Fund Inc
Laconia Christian Fellowship Fund Inc (EIN: 20526949) is a nonprofit organization based in Laconia, NH, classified under NTEE code X11. The organization reported total revenue of $22K and total assets of $260K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Laconia Christian Fellowship Fund Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Laconia Christian Fellowship Fund Inc is a micro nonprofit that has been operating for 25 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 10.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $18K |
| Total Expenses | $5K |
| Surplus / Deficit | +$14K |
| Total Assets | $227K |
| Net Assets | $227K |
| Operating Margin | 74.7% |
| Months of Reserves | 584.7 months |
Financial Health Grade: A
In 2023, Laconia Christian Fellowship Fund Inc reported a surplus of $14K with revenue exceeding expenses, holds 584.7 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Laconia Christian Fellowship Fund Inc's revenue has grown at a compound annual growth rate (CAGR) of 10.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +23.4% | +43.5% | +17.0% |
| 2022 | -58.7% | -32.4% | -8.6% |
| 2021 | +324.9% | +264.0% | +20.2% |
| 2020 | -67.4% | -53.5% | +9.8% |
| 2019 | -16.4% | +11.9% | +25.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 7000 |
| IRS Ruling Date | 2001 |
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 Laconia Christian Fellowship Fund Inc with a Mission Score of 95 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: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Laconia Christian Fellowship Fund Inc allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. 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 surplus of $14K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers or key employees receive salaries, which is highly commendable for a nonprofit of this size.
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 Laconia Christian Fellowship Fund Inc:
- Consistently low expense ratio (e.g., 25% of revenue in 2023, 21% in 2022)
- Zero liabilities reported across all filings, indicating strong financial health
- Consistent and significant asset growth over the past decade (from $56,941 in 2014 to $227,419 in 2023)
- 0% officer compensation, ensuring funds are directed to mission
- Positive net income in most years, contributing to reserves and stability
Frequently Asked Questions about Laconia Christian Fellowship Fund Inc
Is Laconia Christian Fellowship Fund Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Laconia Christian Fellowship Fund Inc (EIN: 20526949) appears legitimate. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.
How does Laconia Christian Fellowship Fund Inc spend its money?
Laconia Christian Fellowship Fund Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Laconia Christian Fellowship Fund Inc tax-deductible?
Laconia Christian Fellowship Fund Inc is registered as a tax-exempt nonprofit (EIN: 20526949). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Laconia Christian Fellowship Fund Inc compare to similar nonprofits?
With a transparency score of 95/100 (Excellent), Laconia Christian Fellowship Fund Inc is above average for NTEE category X11 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Laconia Christian Fellowship Fund Inc located?
Laconia Christian Fellowship Fund Inc is headquartered in Laconia, New Hampshire and files with the IRS under EIN 20526949. It is classified under NTEE code X11.
How many years of IRS 990 filings does Laconia Christian Fellowship Fund Inc have?
Laconia Christian Fellowship Fund Inc 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 $22K in total revenue.
Is Laconia Christian Fellowship Fund Inc a good charity?
Based on the provided financial data, Laconia Christian Fellowship Fund Inc appears to be a very good charity. It consistently operates with extremely low expenses relative to revenue, has zero liabilities, and shows strong asset growth, all while reporting 0% officer compensation.
How has the organization's financial stability changed over time?
The organization's financial stability has significantly improved over time. Assets have grown from $56,941 in 2014 to $227,419 in 2023, and it has consistently maintained zero liabilities, indicating robust and growing financial health.
What is the organization's spending efficiency?
The organization demonstrates excellent spending efficiency. For example, in 2023, expenses were only $4,667 against revenues of $18,419, meaning approximately 75% of revenue was retained or directed towards future activities after covering minimal operational costs. This pattern is consistent across multiple years.
Filing History
IRS 990 filing history for Laconia Christian Fellowship Fund Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Laconia Christian Fellowship Fund Inc's revenue has grown by 241%, moving from $5K to $18K. Total assets increased by 318.5% over the same period, from $54K to $227K. Total functional expenses rose by 86.7%, from $3K to $5K. In its most recent filing year (2023), Laconia Christian Fellowship Fund Inc reported a surplus of $14K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $18K | $5K | $227K | $0 | — | View 990 |
| 2022 | $15K | $3K | $194K | $0 | — | — |
| 2021 | $36K | $5K | $213K | $0 | — | — |
| 2020 | $9K | $1K | $177K | $0 | — | — |
| 2019 | $26K | $3K | $161K | $0 | — | View 990 |
| 2018 | $31K | $3K | $129K | $0 | — | View 990 |
| 2017 | $42K | $2K | $104K | $0 | — | View 990 |
| 2016 | $4K | $4K | $63K | $0 | — | View 990 |
| 2015 | $8K | $3K | $62K | $0 | — | View 990 |
| 2014 | $21K | $3K | $57K | $0 | — | View 990 |
| 2013 | $2K | $18K | $40K | $0 | — | View 990 |
| 2012 | $4K | $2K | $56K | $0 | — | View 990 |
| 2011 | $5K | $3K | $54K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $18K, expenses of $5K, and assets of $227K (revenue +23.4% year-over-year).
- 2022: Revenue of $15K, expenses of $3K, and assets of $194K (revenue -58.7% year-over-year).
- 2021: Revenue of $36K, expenses of $5K, and assets of $213K (revenue +324.9% year-over-year).
- 2020: Revenue of $9K, expenses of $1K, and assets of $177K (revenue -67.4% year-over-year).
- 2019: Revenue of $26K, expenses of $3K, and assets of $161K (revenue -16.4% year-over-year).
- 2018: Revenue of $31K, expenses of $3K, and assets of $129K (revenue -25.4% year-over-year).
- 2017: Revenue of $42K, expenses of $2K, and assets of $104K (revenue +1019.9% year-over-year).
- 2016: Revenue of $4K, expenses of $4K, and assets of $63K (revenue -51.0% year-over-year).
- 2015: Revenue of $8K, expenses of $3K, and assets of $62K (revenue -63.1% year-over-year).
- 2014: Revenue of $21K, expenses of $3K, and assets of $57K (revenue +1145.9% year-over-year).
- 2013: Revenue of $2K, expenses of $18K, and assets of $40K (revenue -53.1% year-over-year).
- 2012: Revenue of $4K, expenses of $2K, and assets of $56K (revenue -34.5% year-over-year).
- 2011: Revenue of $5K, expenses of $3K, and assets of $54K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Laconia Christian Fellowship Fund Inc:
Data Sources and Methodology
This transparency report for Laconia Christian Fellowship Fund 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.