Metro Health Foundation Of New Hampshire Inc
Metro Health Foundation maintains stable finances with consistent revenue and expenses, reporting no officer compensation.
EIN: 20502466 · Meredith, NH · NTEE: L22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $15.2M |
| Total Expenses | $15.1M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $12 |
| Net Assets | $9.9M |
| Transparency Score | 80/100 |
Is Metro Health Foundation Of New Hampshire Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Metro Health Foundation Of New Hampshire Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Metro Health Foundation Of New Hampshire Inc
Metro Health Foundation Of New Hampshire Inc (EIN: 20502466) is a nonprofit organization based in Meredith, NH, classified under NTEE code L22. The organization reported total revenue of $15.2M and total assets of $19.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Metro Health Foundation Of New Hampshire Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Metro Health Foundation Of New Hampshire Inc is a large 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 1.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $14.3M |
| Total Expenses | $15.1M |
| Surplus / Deficit | $-797,753 |
| Total Assets | $21.3M |
| Total Liabilities | $11.3M |
| Net Assets | $9.9M |
| Operating Margin | -5.6% |
| Debt-to-Asset Ratio | 53.2% |
| Months of Reserves | 16.9 months |
Financial Health Grade: C
In 2023, Metro Health Foundation Of New Hampshire Inc reported a deficit of $798K with expenses exceeding revenue, holds 16.9 months of operating reserves (strong position), has a debt-to-asset ratio of 53.2% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Metro Health Foundation Of New Hampshire Inc's revenue has grown at a compound annual growth rate (CAGR) of 1.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +7.4% | +13.3% | -4.9% |
| 2022 | -0.6% | -2.6% | -2.9% |
| 2021 | -15.3% | -2.9% | -9.4% |
| 2020 | +17.5% | +5.0% | +11.2% |
| 2019 | -0.4% | +1.0% | -3.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| 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 Metro Health Foundation Of New Hampshire Inc with a Mission Score of 80 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: 85%
- fundraising: 5%
According to IRS 990 filings, Metro Health Foundation Of New Hampshire Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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 $798K, with expenses exceeding revenue.
- Debt-to-asset ratio: 53.2%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, which is highly unusual for an organization of its size with annual revenues exceeding $12 million. This either indicates a fully volunteer executive leadership or that compensation is structured in a way not captured by this specific reporting field, requiring deeper scrutiny for complete understanding.
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 Metro Health Foundation Of New Hampshire Inc's IRS 990 filings:
- Consistent 0% officer compensation reported, which is unusual for an organization of this size and warrants further investigation into executive remuneration practices.
Strengths
The following positive indicators were identified for Metro Health Foundation Of New Hampshire Inc:
- Consistent revenue generation, typically exceeding $12 million annually, indicating stable funding.
- Substantial asset base, consistently over $19 million, providing financial stability and capacity.
- Decreasing trend in liabilities from $15.6 million in 2014 to $11.3 million in 2023, indicating sound financial management.
- Long filing history (13 filings), suggesting established operations and compliance.
Frequently Asked Questions about Metro Health Foundation Of New Hampshire Inc
Is Metro Health Foundation Of New Hampshire Inc a legitimate charity?
Metro Health Foundation Of New Hampshire Inc (EIN: 20502466) is a registered tax-exempt nonprofit based in New Hampshire. Our AI analysis gives it a Mission Score of 80/100. It has 13 years of IRS 990 filings on record. Total revenue: $15.2M. 1 red flag identified. 4 strengths noted. Financial health grade: C.
How does Metro Health Foundation Of New Hampshire Inc spend its money?
Metro Health Foundation Of New Hampshire Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Metro Health Foundation Of New Hampshire Inc tax-deductible?
Metro Health Foundation Of New Hampshire Inc is registered as a tax-exempt nonprofit (EIN: 20502466). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Metro Health Foundation Of New Hampshire Inc CEO make?
Metro Health Foundation Of New Hampshire Inc's highest-compensated officer earns $12 annually. The organization reported $15.2M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Metro Health Foundation Of New Hampshire Inc's spending goes to programs?
Metro Health Foundation Of New Hampshire Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Metro Health Foundation Of New Hampshire Inc compare to similar nonprofits?
With a transparency score of 80/100 (Excellent), Metro Health Foundation Of New Hampshire Inc is above average for NTEE category L22 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Metro Health Foundation Of New Hampshire Inc located?
Metro Health Foundation Of New Hampshire Inc is headquartered in Meredith, New Hampshire and files with the IRS under EIN 20502466. It is classified under NTEE code L22.
How many years of IRS 990 filings does Metro Health Foundation Of New Hampshire Inc have?
Metro Health Foundation Of New Hampshire 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 $15.2M in total revenue.
How does Metro Health Foundation Of New Hampshire Inc manage to operate with 0% reported officer compensation?
The consistent reporting of 0% officer compensation across all filings is highly unusual for an organization of this scale. It suggests either a fully volunteer executive team, or that executive compensation is paid through a related entity or structured in a way that is not reported under 'Officer Comp' on the IRS 990, which would require further investigation into their financial statements for clarity.
What are the specific program activities funded by Metro Health Foundation Of New Hampshire Inc?
Based on the NTEE code L22 (General & Rehabilitative Hospitals), the organization likely supports general hospital services and rehabilitative care. However, the provided financial data does not detail specific program expenditures, so further review of their full IRS 990 or annual reports would be necessary to understand their precise program activities.
What is the organization's strategy for managing its significant asset base of over $19 million?
The organization maintains a substantial asset base, fluctuating between $19 million and $25 million over the past decade. This indicates a strong financial foundation. The strategy for managing these assets would typically involve investments to generate income or reserves for future capital expenditures, but specific details are not available in the provided summary.
Filing History
IRS 990 filing history for Metro Health Foundation Of New Hampshire Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Metro Health Foundation Of New Hampshire Inc's revenue has grown by 21.7%, moving from $11.7M to $14.3M. Total assets increased by 0.6% over the same period, from $21.1M to $21.3M. Total functional expenses rose by 39.5%, from $10.8M to $15.1M. In its most recent filing year (2023), Metro Health Foundation Of New Hampshire Inc reported a deficit of $798K, with expenses exceeding revenue. The organization holds $11.3M in liabilities against $21.3M in assets (debt-to-asset ratio: 53.2%), resulting in net assets of $9.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $14.3M | $15.1M | $21.3M | $11.3M | — | — |
| 2022 | $13.3M | $13.3M | $22.3M | $11.6M | — | — |
| 2021 | $13.4M | $13.7M | $23.0M | $12.3M | — | View 990 |
| 2020 | $15.8M | $14.1M | $25.4M | $14.4M | — | — |
| 2019 | $13.5M | $13.4M | $22.8M | $13.6M | — | View 990 |
| 2018 | $13.5M | $13.3M | $23.6M | $14.2M | — | View 990 |
| 2017 | $13.3M | $12.8M | $23.8M | $14.7M | — | View 990 |
| 2016 | $13.1M | $12.4M | $23.5M | $14.8M | — | View 990 |
| 2015 | $12.7M | $11.6M | $23.4M | $15.4M | — | View 990 |
| 2014 | $12.3M | $11.7M | $22.6M | $15.6M | — | View 990 |
| 2013 | $12.5M | $11.8M | $22.1M | $15.9M | — | View 990 |
| 2012 | $12.2M | $11.4M | $21.7M | $16.2M | — | View 990 |
| 2011 | $11.7M | $10.8M | $21.1M | $16.4M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $14.3M, expenses of $15.1M, and assets of $21.3M (revenue +7.4% year-over-year).
- 2022: Revenue of $13.3M, expenses of $13.3M, and assets of $22.3M (revenue -0.6% year-over-year).
- 2021: Revenue of $13.4M, expenses of $13.7M, and assets of $23.0M (revenue -15.3% year-over-year).
- 2020: Revenue of $15.8M, expenses of $14.1M, and assets of $25.4M (revenue +17.5% year-over-year).
- 2019: Revenue of $13.5M, expenses of $13.4M, and assets of $22.8M (revenue -0.4% year-over-year).
- 2018: Revenue of $13.5M, expenses of $13.3M, and assets of $23.6M (revenue +1.9% year-over-year).
- 2017: Revenue of $13.3M, expenses of $12.8M, and assets of $23.8M (revenue +1.5% year-over-year).
- 2016: Revenue of $13.1M, expenses of $12.4M, and assets of $23.5M (revenue +3.0% year-over-year).
- 2015: Revenue of $12.7M, expenses of $11.6M, and assets of $23.4M (revenue +3.0% year-over-year).
- 2014: Revenue of $12.3M, expenses of $11.7M, and assets of $22.6M (revenue -1.5% year-over-year).
- 2013: Revenue of $12.5M, expenses of $11.8M, and assets of $22.1M (revenue +2.3% year-over-year).
- 2012: Revenue of $12.2M, expenses of $11.4M, and assets of $21.7M (revenue +4.2% year-over-year).
- 2011: Revenue of $11.7M, expenses of $10.8M, and assets of $21.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Metro Health Foundation Of New Hampshire Inc:
Data Sources and Methodology
This transparency report for Metro Health Foundation Of New Hampshire 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.