Milford Elementary Pto
Milford Elementary PTO shows consistent revenue, asset growth, and no liabilities with zero officer compensation.
EIN: 20372791 · Milford, NH · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $56K |
| Total Expenses | $40K |
| Program Spending | 90% |
| Net Assets | $67K |
| Transparency Score | 92/100 |
Is Milford Elementary Pto Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Milford Elementary Pto directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Milford Elementary Pto
Milford Elementary Pto (EIN: 20372791) is a nonprofit organization based in Milford, NH. The organization reported total revenue of $56K and total assets of $80K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Milford Elementary Pto's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Milford Elementary Pto is a micro nonprofit that has been operating for 32 years, with 6 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of -1.5%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $64K |
| Total Expenses | $40K |
| Surplus / Deficit | +$24K |
| Total Assets | $67K |
| Net Assets | $67K |
| Operating Margin | 37.3% |
| Months of Reserves | 20.0 months |
Financial Health Grade: A
In 2024, Milford Elementary Pto reported a surplus of $24K with revenue exceeding expenses, holds 20.0 months of operating reserves (strong position).
Financial Trends
Over 6 years of filings (2011–2024), Milford Elementary Pto's revenue has declined at a compound annual growth rate (CAGR) of -1.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +8.6% | +24.1% | +55.5% |
| 2023 | -0.7% | -36.5% | +183.3% |
| 2015 | +16.2% | +90521.4% | +131.7% |
| 2014 | -24.9% | -65.2% | +1.9% |
| 2013 | -13.1% | -98.4% | +2.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1994 |
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 Elementary Pto with a Mission Score of 92 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, Milford Elementary Pto 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:
- The organization reported a surplus of $24K, with revenue exceeding expenses.
Executive Compensation Analysis
Milford Elementary PTO reports 0% officer compensation across all available filings, indicating a volunteer-led organization, which is typical for a PTO of this size and contributes to lower administrative overhead.
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 Milford Elementary Pto:
- Consistent positive net income, with revenue exceeding expenses in recent periods (e.g., $63,771 revenue vs. $39,977 expenses in 2024).
- Significant asset growth from $6,264 in 2011 to $66,654 in 2024, indicating strong financial accumulation.
- Zero reported liabilities across all filings, demonstrating excellent financial stability.
- 0% officer compensation, suggesting a highly volunteer-driven model and efficient use of funds.
- Regular IRS 990 filings, indicating good transparency and compliance.
Frequently Asked Questions about Milford Elementary Pto
Is Milford Elementary Pto a legitimate charity?
Milford Elementary Pto (EIN: 20372791) is a registered tax-exempt nonprofit based in New Hampshire. Our AI analysis gives it a Mission Score of 92/100. It has 6 years of IRS 990 filings on record. Total revenue: $56K. No red flags identified. 5 strengths noted. Financial health grade: A.
How does Milford Elementary Pto spend its money?
Milford Elementary Pto directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Milford Elementary Pto tax-deductible?
Milford Elementary Pto is registered as a tax-exempt nonprofit (EIN: 20372791). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Milford Elementary Pto located?
Milford Elementary Pto is headquartered in Milford, New Hampshire and files with the IRS under EIN 20372791.
How many years of IRS 990 filings does Milford Elementary Pto have?
Milford Elementary Pto has 6 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 $56K in total revenue.
Is Milford Elementary PTO a good charity?
Based on the provided financial data, Milford Elementary PTO appears to be a well-managed organization. It consistently generates more revenue than expenses, has growing assets, no liabilities, and operates with 0% officer compensation, suggesting efficient use of funds for its mission.
How has Milford Elementary PTO's financial health changed over time?
Milford Elementary PTO's financial health has improved significantly. Assets have grown from $6,264 in 2011 to $66,654 in 2024, and the organization consistently maintains a positive net income, with recent periods showing substantial surpluses (e.g., $23,794 in 2024 and $26,519 in 2023).
What is the organization's approach to executive compensation?
The organization reports 0% officer compensation in all available filings, indicating that its leadership is entirely volunteer-based and receives no salary from the PTO.
Filing History
IRS 990 filing history for Milford Elementary Pto showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2011–2024), Milford Elementary Pto's revenue has declined by 18.3%, moving from $78K to $64K. Total assets increased by 964.1% over the same period, from $6K to $67K. Total functional expenses rose by 289.7%, from $10K to $40K. In its most recent filing year (2024), Milford Elementary Pto reported a surplus of $24K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $64K | $40K | $67K | $0 | — | — |
| 2023 | $59K | $32K | $43K | $0 | — | View 990 |
| 2015 | $59K | $51K | $15K | $0 | — | — |
| 2014 | $51K | $56 | $7K | $0 | — | — |
| 2013 | $68K | $161 | $6K | $0 | — | View 990 |
| 2011 | $78K | $10K | $6K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $64K, expenses of $40K, and assets of $67K (revenue +8.6% year-over-year).
- 2023: Revenue of $59K, expenses of $32K, and assets of $43K (revenue -0.7% year-over-year).
- 2015: Revenue of $59K, expenses of $51K, and assets of $15K (revenue +16.2% year-over-year).
- 2014: Revenue of $51K, expenses of $56, and assets of $7K (revenue -24.9% year-over-year).
- 2013: Revenue of $68K, expenses of $161, and assets of $6K (revenue -13.1% year-over-year).
- 2011: Revenue of $78K, expenses of $10K, and assets of $6K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Milford Elementary Pto:
Data Sources and Methodology
This transparency report for Milford Elementary Pto 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.