Nashua Childrens Home
Nashua Childrens Home consistently operates with balanced budgets and zero reported officer compensation.
EIN: 20222162 · Nashua, NH · NTEE: P70Z · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $10.2M |
| Total Expenses | $5.9M |
| Program Spending | 90% |
| Net Assets | $5.1M |
| Transparency Score | 92/100 |
Is Nashua Childrens Home Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Nashua Childrens Home directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Nashua Childrens Home
Nashua Childrens Home (EIN: 20222162) is a nonprofit organization based in Nashua, NH, classified under NTEE code P70Z. The organization reported total revenue of $10.2M and total assets of $8.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Nashua Childrens Home's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Nashua Childrens Home is a large nonprofit that has been operating for 91 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $6.0M |
| Total Expenses | $5.9M |
| Surplus / Deficit | +$52K |
| Total Assets | $6.4M |
| Total Liabilities | $1.4M |
| Net Assets | $5.1M |
| Operating Margin | 0.9% |
| Debt-to-Asset Ratio | 21.6% |
| Months of Reserves | 13.0 months |
Financial Health Grade: A
In 2023, Nashua Childrens Home reported a surplus of $52K with revenue exceeding expenses, holds 13.0 months of operating reserves (strong position), has a debt-to-asset ratio of 21.6% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Nashua Childrens Home's revenue has grown at a compound annual growth rate (CAGR) of 4.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -0.2% | -4.9% | +5.6% |
| 2022 | -14.3% | +8.2% | -17.6% |
| 2021 | +30.8% | +9.2% | +34.5% |
| 2020 | +12.1% | +7.6% | +3.5% |
| 2019 | +5.9% | +7.3% | +0.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1935 |
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 Nashua Childrens Home 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Nashua Childrens Home 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.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $52K, with revenue exceeding expenses.
- Debt-to-asset ratio: 21.6%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers received compensation from the organization, which is highly unusual and suggests either volunteer leadership or compensation is covered by another entity, or not reported in this section.
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 Nashua Childrens Home's IRS 990 filings:
- Unusually low or zero reported officer compensation may warrant further investigation to understand the full compensation structure, as it is uncommon for organizations of this size to have no compensated officers.
Strengths
The following positive indicators were identified for Nashua Childrens Home:
- Consistent financial stability with revenues generally exceeding or matching expenses.
- Healthy growth in assets over the past decade, from $5,083,591 in 2014 to $6,442,871 in 2023.
- Zero reported officer compensation across all filings, indicating a strong commitment to program spending.
- Positive net assets, with assets consistently exceeding liabilities, demonstrating financial solvency.
Frequently Asked Questions about Nashua Childrens Home
Is Nashua Childrens Home a legitimate charity?
Based on AI analysis of IRS 990 filings, Nashua Childrens Home (EIN: 20222162) some concerns. Mission Score: 92/100. 1 red flag identified, 4 strengths noted.
How does Nashua Childrens Home spend its money?
Nashua Childrens Home directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Nashua Childrens Home tax-deductible?
Nashua Childrens Home is registered as a tax-exempt nonprofit (EIN: 20222162). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Nashua Childrens Home's spending goes to programs?
Nashua Childrens Home directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Nashua Childrens Home compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Nashua Childrens Home is above average for NTEE category P70Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Nashua Childrens Home located?
Nashua Childrens Home is headquartered in Nashua, New Hampshire and files with the IRS under EIN 20222162. It is classified under NTEE code P70Z.
How many years of IRS 990 filings does Nashua Childrens Home have?
Nashua Childrens Home 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 $10.2M in total revenue.
Is Nashua Childrens Home a good charity?
Based on the available data, Nashua Childrens Home appears to be a good charity. It consistently operates with revenues covering expenses, maintains a healthy asset base, and notably reports 0% officer compensation, suggesting a strong commitment to program spending and transparency.
How has Nashua Childrens Home's financial health changed over time?
Nashua Childrens Home has shown stable financial health over the past decade. Revenues have generally increased from $4,226,616 in 2014 to $5,982,426 in 2023, with expenses tracking closely. Assets have also grown from $5,083,591 to $6,442,871, indicating steady growth and financial management.
What is the significance of 0% officer compensation?
The 0% officer compensation reported across all filings is highly significant. It suggests that either the organization's leadership is entirely volunteer-based, or their compensation is structured in a way that it is not reported as officer compensation on the 990 form. This practice, if truly volunteer-led, indicates an exceptional dedication to maximizing funds for direct program services.
Filing History
IRS 990 filing history for Nashua Childrens Home showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Nashua Childrens Home's revenue has grown by 69.3%, moving from $3.5M to $6.0M. Total assets increased by 44.7% over the same period, from $4.5M to $6.4M. Total functional expenses rose by 56.2%, from $3.8M to $5.9M. In its most recent filing year (2023), Nashua Childrens Home reported a surplus of $52K, with revenue exceeding expenses. The organization holds $1.4M in liabilities against $6.4M in assets (debt-to-asset ratio: 21.6%), resulting in net assets of $5.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $6.0M | $5.9M | $6.4M | $1.4M | — | View 990 |
| 2022 | $6.0M | $6.2M | $6.1M | $1.4M | — | View 990 |
| 2021 | $7.0M | $5.8M | $7.4M | $1.5M | — | View 990 |
| 2020 | $5.4M | $5.3M | $5.5M | $1.5M | — | View 990 |
| 2019 | $4.8M | $4.9M | $5.3M | $1.4M | — | View 990 |
| 2018 | $4.5M | $4.6M | $5.3M | $1.3M | — | View 990 |
| 2017 | $4.8M | $4.6M | $5.4M | $1.3M | — | View 990 |
| 2016 | $4.6M | $4.3M | $5.1M | $1.2M | — | View 990 |
| 2015 | $4.5M | $4.5M | $4.9M | $1.2M | — | View 990 |
| 2014 | $4.2M | $4.3M | $5.1M | $1.2M | — | View 990 |
| 2013 | $4.1M | $3.8M | $5.0M | $1.2M | — | View 990 |
| 2012 | $3.7M | $3.7M | $4.4M | $1.1M | — | View 990 |
| 2011 | $3.5M | $3.8M | $4.5M | $1.1M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $6.0M, expenses of $5.9M, and assets of $6.4M (revenue -0.2% year-over-year).
- 2022: Revenue of $6.0M, expenses of $6.2M, and assets of $6.1M (revenue -14.3% year-over-year).
- 2021: Revenue of $7.0M, expenses of $5.8M, and assets of $7.4M (revenue +30.8% year-over-year).
- 2020: Revenue of $5.4M, expenses of $5.3M, and assets of $5.5M (revenue +12.1% year-over-year).
- 2019: Revenue of $4.8M, expenses of $4.9M, and assets of $5.3M (revenue +5.9% year-over-year).
- 2018: Revenue of $4.5M, expenses of $4.6M, and assets of $5.3M (revenue -5.8% year-over-year).
- 2017: Revenue of $4.8M, expenses of $4.6M, and assets of $5.4M (revenue +4.7% year-over-year).
- 2016: Revenue of $4.6M, expenses of $4.3M, and assets of $5.1M (revenue +1.6% year-over-year).
- 2015: Revenue of $4.5M, expenses of $4.5M, and assets of $4.9M (revenue +6.4% year-over-year).
- 2014: Revenue of $4.2M, expenses of $4.3M, and assets of $5.1M (revenue +2.9% year-over-year).
- 2013: Revenue of $4.1M, expenses of $3.8M, and assets of $5.0M (revenue +12.0% year-over-year).
- 2012: Revenue of $3.7M, expenses of $3.7M, and assets of $4.4M (revenue +3.9% year-over-year).
- 2011: Revenue of $3.5M, expenses of $3.8M, and assets of $4.5M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Nashua Childrens Home:
Data Sources and Methodology
This transparency report for Nashua Childrens Home 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.