Milford Area Youth Homeschoolers Enriching Minds
Milford Area Youth Homeschoolers Enriching Minds reports zero revenue in its latest filing, operating on reserves.
EIN: 202286304 · Milford, NH · NTEE: B90 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Expenses | $3K |
| Program Spending | 90% |
| Net Assets | $59K |
| Transparency Score | 65/100 |
Is Milford Area Youth Homeschoolers Enriching Minds Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Milford Area Youth Homeschoolers Enriching Minds directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Milford Area Youth Homeschoolers Enriching Minds
Milford Area Youth Homeschoolers Enriching Minds (EIN: 202286304) is a nonprofit organization based in Milford, NH, classified under NTEE code B90. The organization reported total revenue of $0 and total assets of $58K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Milford Area Youth Homeschoolers Enriching Minds's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Milford Area Youth Homeschoolers Enriching Minds is a micro nonprofit that has been operating for 21 years, with 14 years of IRS 990 filings on record (2011–2024).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -100.0% | +1786.4% | -4.3% |
| 2023 | -86.6% | -69.4% | +0.1% |
| 2022 | -79.8% | -55.9% | +1.6% |
| 2021 | -63.6% | -93.3% | +11.1% |
| 2020 | -29.8% | -38.5% | +7.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2005 |
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 Milford Area Youth Homeschoolers Enriching Minds with a Mission Score of 65 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: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Milford Area Youth Homeschoolers Enriching Minds 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 (2024)
From the most recent IRS 990 filing on record:
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all filings, indicating that the organization's leadership is entirely volunteer-based, which is highly commendable for an organization of its 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.
Red Flags
The following concerns were identified during AI analysis of Milford Area Youth Homeschoolers Enriching Minds's IRS 990 filings:
- Zero revenue reported in the latest filing (202407), indicating potential dormancy or severe funding issues.
- Significant and consistent decline in revenue over the past several years, from $40,563 in 2016 to $0 in 2024.
- Operating at a deficit in the latest period ($0 revenue vs. $2,641 expenses), drawing down assets.
Strengths
The following positive indicators were identified for Milford Area Youth Homeschoolers Enriching Minds:
- Consistent reporting of 0% officer compensation, indicating a volunteer-led organization.
- Maintained positive assets ($58,378) despite recent revenue declines.
- Consistent filing of IRS Form 990s, demonstrating transparency.
Frequently Asked Questions about Milford Area Youth Homeschoolers Enriching Minds
Is Milford Area Youth Homeschoolers Enriching Minds a legitimate charity?
Milford Area Youth Homeschoolers Enriching Minds (EIN: 202286304) is a registered tax-exempt nonprofit based in New Hampshire. Our AI analysis gives it a Mission Score of 65/100. It has 14 years of IRS 990 filings on record. 3 red flags identified. 3 strengths noted. Financial health grade: B.
How does Milford Area Youth Homeschoolers Enriching Minds spend its money?
Milford Area Youth Homeschoolers Enriching Minds directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Milford Area Youth Homeschoolers Enriching Minds tax-deductible?
Milford Area Youth Homeschoolers Enriching Minds is registered as a tax-exempt nonprofit (EIN: 202286304). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Milford Area Youth Homeschoolers Enriching Minds compare to similar nonprofits?
With a transparency score of 65/100 (Good), Milford Area Youth Homeschoolers Enriching Minds is above average for NTEE category B90 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Milford Area Youth Homeschoolers Enriching Minds located?
Milford Area Youth Homeschoolers Enriching Minds is headquartered in Milford, New Hampshire and files with the IRS under EIN 202286304. It is classified under NTEE code B90.
How many years of IRS 990 filings does Milford Area Youth Homeschoolers Enriching Minds have?
Milford Area Youth Homeschoolers Enriching Minds has 14 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends.
Is Milford Area Youth Homeschoolers Enriching Minds a good charity?
Based on the data, MAYHEM demonstrates strong volunteer leadership with no officer compensation. However, its recent financial activity, particularly the $0 revenue in the latest period, raises concerns about its current operational status and long-term sustainability. It appears to be a very small, community-focused group.
What caused the significant drop in revenue for MAYHEM?
The IRS 990 filings do not provide specific reasons for the revenue decline. However, revenue dropped from $40,563 in 2016 to $0 in 2024, suggesting a significant change in funding or activity levels.
How does MAYHEM fund its operations with $0 revenue?
In the latest period (202407), with $0 revenue and $2,641 in expenses, the organization is likely funding its operations by drawing down its accumulated assets, which stood at $58,544 at the end of that period.
What are the primary expenses for MAYHEM?
Without detailed expense breakdowns in the provided summary, it's difficult to pinpoint primary expenses. However, given the nature of a homeschoolers' enrichment group, expenses might include event costs, educational materials, or facility rentals.
Filing History
IRS 990 filing history for Milford Area Youth Homeschoolers Enriching Minds showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Milford Area Youth Homeschoolers Enriching Minds's revenue has declined by 100%, moving from $16K to $0. Total assets increased by 466.5% over the same period, from $10K to $59K. Total functional expenses fell by 86.6%, from $20K to $3K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $0 | $3K | $59K | $0 | — | — |
| 2023 | $190 | $140 | $61K | $0 | — | View 990 |
| 2022 | $1K | $458 | $61K | $0 | — | — |
| 2021 | $7K | $1K | $60K | $0 | — | — |
| 2020 | $19K | $16K | $54K | $0 | — | View 990 |
| 2019 | $28K | $25K | $50K | $0 | — | View 990 |
| 2018 | $25K | $22K | $48K | $0 | — | View 990 |
| 2017 | $27K | $26K | $46K | $0 | — | View 990 |
| 2016 | $41K | $27K | $45K | $0 | — | View 990 |
| 2015 | $31K | $21K | $31K | $0 | — | View 990 |
| 2014 | $27K | $19K | $21K | $0 | — | View 990 |
| 2013 | $17K | $15K | $13K | $0 | — | View 990 |
| 2012 | $17K | $16K | $12K | $0 | — | View 990 |
| 2011 | $16K | $20K | $10K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $0, expenses of $3K, and assets of $59K (revenue -100.0% year-over-year).
- 2023: Revenue of $190, expenses of $140, and assets of $61K (revenue -86.6% year-over-year).
- 2022: Revenue of $1K, expenses of $458, and assets of $61K (revenue -79.8% year-over-year).
- 2021: Revenue of $7K, expenses of $1K, and assets of $60K (revenue -63.6% year-over-year).
- 2020: Revenue of $19K, expenses of $16K, and assets of $54K (revenue -29.8% year-over-year).
- 2019: Revenue of $28K, expenses of $25K, and assets of $50K (revenue +12.0% year-over-year).
- 2018: Revenue of $25K, expenses of $22K, and assets of $48K (revenue -8.8% year-over-year).
- 2017: Revenue of $27K, expenses of $26K, and assets of $46K (revenue -33.5% year-over-year).
- 2016: Revenue of $41K, expenses of $27K, and assets of $45K (revenue +29.7% year-over-year).
- 2015: Revenue of $31K, expenses of $21K, and assets of $31K (revenue +15.7% year-over-year).
- 2014: Revenue of $27K, expenses of $19K, and assets of $21K (revenue +57.4% year-over-year).
- 2013: Revenue of $17K, expenses of $15K, and assets of $13K (revenue -0.9% year-over-year).
- 2012: Revenue of $17K, expenses of $16K, and assets of $12K (revenue +9.9% year-over-year).
- 2011: Revenue of $16K, expenses of $20K, and assets of $10K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Milford Area Youth Homeschoolers Enriching Minds:
Data Sources and Methodology
This transparency report for Milford Area Youth Homeschoolers Enriching Minds 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.