Nea New Hampshire
Nea New Hampshire consistently reports 0% officer compensation amidst stable revenue and growing assets.
EIN: 20226432 · Concord, NH · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $7.8M |
| Total Expenses | $7.5M |
| Program Spending | 90% |
| CEO/Top Officer Pay | $7 |
| Net Assets | $9.2M |
| Transparency Score | 92/100 |
Is Nea New Hampshire Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Nea New Hampshire directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Nea New Hampshire
Nea New Hampshire (EIN: 20226432) is a nonprofit organization based in Concord, NH. The organization reported total revenue of $7.8M and total assets of $11.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Nea New Hampshire's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Nea New Hampshire is a mid-size nonprofit that has been operating for 66 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 0.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $7.5M |
| Total Expenses | $7.5M |
| Surplus / Deficit | $-62,686 |
| Total Assets | $10.9M |
| Total Liabilities | $1.7M |
| Net Assets | $9.2M |
| Operating Margin | -0.8% |
| Debt-to-Asset Ratio | 15.4% |
| Months of Reserves | 17.3 months |
Financial Health Grade: B
In 2023, Nea New Hampshire reported a deficit of $63K with expenses exceeding revenue, holds 17.3 months of operating reserves (strong position), has a debt-to-asset ratio of 15.4% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Nea New Hampshire's revenue has grown at a compound annual growth rate (CAGR) of 0.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +3.8% | +7.3% | -4.7% |
| 2022 | -1.7% | +6.0% | +1.1% |
| 2021 | +6.0% | +4.7% | +4.3% |
| 2020 | -2.9% | -3.5% | +5.8% |
| 2019 | +0.9% | -1.3% | +10.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1960 |
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 Nea New Hampshire 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, Nea New Hampshire 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 deficit of $63K, with expenses exceeding revenue.
- Debt-to-asset ratio: 15.4%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, which is exceptional for an organization with annual revenues exceeding $7 million and assets over $10 million, indicating a strong commitment to directing funds away from leadership salaries.
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 Nea New Hampshire:
- Consistent 0% officer compensation, indicating high efficiency in leadership costs.
- Stable and growing asset base, increasing from $8.09M in 2014 to $10.88M in 2023.
- Long history of IRS 990 filings (13 filings), demonstrating strong transparency.
- Consistent revenue generation, averaging over $7 million annually in recent years.
- Healthy asset-to-liability ratio, with assets significantly exceeding liabilities (e.g., $10.88M assets vs. $1.67M liabilities in 202308).
Frequently Asked Questions about Nea New Hampshire
Is Nea New Hampshire a legitimate charity?
Nea New Hampshire (EIN: 20226432) is a registered tax-exempt nonprofit based in New Hampshire. Our AI analysis gives it a Mission Score of 92/100. It has 13 years of IRS 990 filings on record. Total revenue: $7.8M. No red flags identified. 5 strengths noted. Financial health grade: B.
How does Nea New Hampshire spend its money?
Nea New Hampshire directs 90% of its spending to programs and services. Fundraising costs 3%. This exceeds the 65% industry benchmark.
Are donations to Nea New Hampshire tax-deductible?
Nea New Hampshire is registered as a tax-exempt nonprofit (EIN: 20226432). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Nea New Hampshire CEO make?
Nea New Hampshire's highest-compensated officer earns $7 annually. The organization reported $7.8M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Nea New Hampshire's spending goes to programs?
Nea New Hampshire directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Nea New Hampshire located?
Nea New Hampshire is headquartered in Concord, New Hampshire and files with the IRS under EIN 20226432.
How many years of IRS 990 filings does Nea New Hampshire have?
Nea New Hampshire 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 $7.8M in total revenue.
How does Nea New Hampshire manage to operate without paying officer compensation?
The consistent reporting of 0% officer compensation suggests that the organization's leadership may be entirely volunteer-based, or that compensation is structured in a way that is not reported as 'officer compensation' on the 990, though the former is more likely given the consistency.
What is the primary source of Nea New Hampshire's revenue?
While the specific breakdown isn't provided in the summary data, an organization of this type and size often relies on membership dues, grants, and potentially some investment income to generate its $7M+ annual revenue.
Is the slight deficit in 202308 a concern for Nea New Hampshire's financial stability?
The slight operational deficit of approximately $62,000 in 202308 is not a significant concern given the organization's substantial assets of $10.8 million and a history of generally positive net income. It likely represents normal operational fluctuations or strategic investments.
Filing History
IRS 990 filing history for Nea New Hampshire showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Nea New Hampshire's revenue has grown by 10.6%, moving from $6.8M to $7.5M. Total assets increased by 60.4% over the same period, from $6.8M to $10.9M. Total functional expenses rose by 16.6%, from $6.5M to $7.5M. In its most recent filing year (2023), Nea New Hampshire reported a deficit of $63K, with expenses exceeding revenue. The organization holds $1.7M in liabilities against $10.9M in assets (debt-to-asset ratio: 15.4%), resulting in net assets of $9.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $7.5M | $7.5M | $10.9M | $1.7M | — | View 990 |
| 2022 | $7.2M | $7.0M | $11.4M | $2.1M | — | View 990 |
| 2021 | $7.3M | $6.6M | $11.3M | $2.1M | — | View 990 |
| 2020 | $6.9M | $6.3M | $10.8M | $2.3M | — | — |
| 2019 | $7.1M | $6.6M | $10.2M | $2.3M | — | View 990 |
| 2018 | $7.1M | $6.7M | $9.3M | $1.9M | — | View 990 |
| 2017 | $7.1M | $6.8M | $9.0M | $2.1M | — | View 990 |
| 2016 | $6.7M | $6.2M | $8.7M | $2.1M | — | View 990 |
| 2015 | $6.6M | $6.0M | $8.3M | $2.1M | — | View 990 |
| 2014 | $6.5M | $6.0M | $8.1M | $2.5M | — | View 990 |
| 2013 | $6.4M | $5.8M | $7.7M | $2.6M | — | View 990 |
| 2012 | $6.5M | $6.1M | $7.2M | $2.6M | — | View 990 |
| 2011 | $6.8M | $6.5M | $6.8M | $2.7M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $7.5M, expenses of $7.5M, and assets of $10.9M (revenue +3.8% year-over-year).
- 2022: Revenue of $7.2M, expenses of $7.0M, and assets of $11.4M (revenue -1.7% year-over-year).
- 2021: Revenue of $7.3M, expenses of $6.6M, and assets of $11.3M (revenue +6.0% year-over-year).
- 2020: Revenue of $6.9M, expenses of $6.3M, and assets of $10.8M (revenue -2.9% year-over-year).
- 2019: Revenue of $7.1M, expenses of $6.6M, and assets of $10.2M (revenue +0.9% year-over-year).
- 2018: Revenue of $7.1M, expenses of $6.7M, and assets of $9.3M (revenue -0.8% year-over-year).
- 2017: Revenue of $7.1M, expenses of $6.8M, and assets of $9.0M (revenue +6.6% year-over-year).
- 2016: Revenue of $6.7M, expenses of $6.2M, and assets of $8.7M (revenue +1.3% year-over-year).
- 2015: Revenue of $6.6M, expenses of $6.0M, and assets of $8.3M (revenue +2.0% year-over-year).
- 2014: Revenue of $6.5M, expenses of $6.0M, and assets of $8.1M (revenue +0.9% year-over-year).
- 2013: Revenue of $6.4M, expenses of $5.8M, and assets of $7.7M (revenue -2.0% year-over-year).
- 2012: Revenue of $6.5M, expenses of $6.1M, and assets of $7.2M (revenue -3.3% year-over-year).
- 2011: Revenue of $6.8M, expenses of $6.5M, and assets of $6.8M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Nea New Hampshire:
Data Sources and Methodology
This transparency report for Nea New Hampshire 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.