Neighbors In Need

Neighbors In Need maintains strong assets and zero executive compensation despite fluctuating revenues and occasional operating deficits.

EIN: 20436280 · Laconia, NH · Updated: 2026-03-28

$291KRevenue
$65KGross Revenue
$801KAssets
90/100Mission Score (Excellent)
Neighbors In Need Financial Summary
MetricValue
Total Revenue$291K
Total Expenses$68K
Program Spending85%
CEO/Top Officer Pay$700,000.
Net Assets$770K
Transparency Score90/100

Is Neighbors In Need Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
2 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Neighbors In Need directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Neighbors In Need

Neighbors In Need (EIN: 20436280) is a nonprofit organization based in Laconia, NH. The organization reported total revenue of $291K and total assets of $801K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Neighbors In Need's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

35Years Operating
SmallSize Classification
13Years of Filings
MixedRevenue Trajectory

Neighbors In Need is a small nonprofit that has been operating for 35 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 2.8%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$32K
Total Expenses$68K
Surplus / Deficit$-35,133
Total Assets$770K
Net Assets$770K
Operating Margin-108.4%
Months of Reserves136.8 months

Financial Health Grade: B

In 2023, Neighbors In Need reported a deficit of $35K with expenses exceeding revenue, holds 136.8 months of operating reserves (strong position).

Financial Trends

Over 13 years of filings (2011–2023), Neighbors In Need's revenue has grown at a compound annual growth rate (CAGR) of 2.8%.

YearRevenue ChangeExpense ChangeAsset Change
2023+1.6%+70.9%+7.6%
2022-68.5%+7.1%-24.2%
2021+185.5%+0.8%+7.2%
2020-30.7%-24.6%+17.4%
2019-34.9%+35.1%+16.9%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date1991

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

Neighbors In Need demonstrates a consistent operational history with a focus on maintaining a strong asset base relative to its annual revenue and expenses. Over the past several years, the organization has shown fluctuating revenue, with a notable peak of $101,355 in 2021, but generally operates on a modest budget. For example, in 2023, expenses ($67,556) exceeded revenue ($32,423), indicating a reliance on prior year surpluses or asset drawdowns. The organization consistently reports zero liabilities and zero officer compensation, which speaks to a lean operational structure and strong financial control, enhancing its transparency and accountability. The spending efficiency appears to be high given the lack of officer compensation and liabilities, suggesting that resources are directly applied to the organization's mission. While specific program spending percentages are not detailed in the provided data, the absence of executive salaries implies a significant portion of expenses would likely be program-related or essential administrative costs. The organization's assets have grown significantly over time, from $664,332 in 2014 to $770,326 in 2023, indicating sound financial management and the ability to build reserves, which is a strength for long-term sustainability. Transparency is excellent, particularly with the consistent reporting of no liabilities and no officer compensation across all available filings. This level of detail provides a clear picture of the organization's financial commitments and how it manages its leadership costs. The consistent filing of IRS Form 990s over 13 periods further reinforces its commitment to public disclosure and accountability.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Neighbors In Need with a Mission Score of 90 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: 15%
  • programs: 85%
  • fundraising: 0%

According to IRS 990 filings, Neighbors In Need allocates its expenses as follows: admin: 15%, programs: 85%, fundraising: 0%. 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:

$32KTotal Revenue
$68KTotal Expenses
$770KTotal Assets
$770KNet Assets
  • The organization reported a deficit of $35K, with expenses exceeding revenue.

Executive Compensation Analysis

Neighbors In Need consistently reports 0% officer compensation across all available filings, indicating that executive leadership is either volunteer-based or compensated through non-officer roles, which is highly unusual for an organization with assets exceeding $700,000.

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 Neighbors In Need's IRS 990 filings:

  • Expenses exceeded revenue in recent years (e.g., 2023: $67,556 expenses vs. $32,423 revenue), indicating reliance on reserves or prior surpluses.
  • Significant fluctuation in annual revenue, making financial planning potentially challenging.

Strengths

The following positive indicators were identified for Neighbors In Need:

  • Consistent reporting of zero liabilities across all filings, indicating strong financial health and no debt.
  • Zero officer compensation reported, suggesting highly efficient operations and direct application of funds to mission.
  • Substantial and growing asset base (e.g., $770,326 in 2023) provides financial stability and long-term sustainability.
  • Consistent IRS 990 filing history (13 filings) demonstrates strong commitment to transparency and compliance.

Frequently Asked Questions about Neighbors In Need

Is Neighbors In Need a legitimate charity?

Neighbors In Need (EIN: 20436280) is a registered tax-exempt nonprofit based in New Hampshire. Our AI analysis gives it a Mission Score of 90/100. It has 13 years of IRS 990 filings on record. Total revenue: $291K. 2 red flags identified. 4 strengths noted. Financial health grade: B.

How does Neighbors In Need spend its money?

Neighbors In Need directs 85% of its spending to programs and services. This exceeds the 65% industry benchmark.

Are donations to Neighbors In Need tax-deductible?

Neighbors In Need is registered as a tax-exempt nonprofit (EIN: 20436280). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

How much does the Neighbors In Need CEO make?

Neighbors In Need's highest-compensated officer earns $700,000. annually. The organization reported $291K in total revenue. Executive compensation data is disclosed in IRS 990 filings.

Where is Neighbors In Need located?

Neighbors In Need is headquartered in Laconia, New Hampshire and files with the IRS under EIN 20436280.

How many years of IRS 990 filings does Neighbors In Need have?

Neighbors In Need 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 $291K in total revenue.

Is Neighbors In Need a good charity?

Based on the provided data, Neighbors In Need appears to be a financially sound organization with strong asset management, no liabilities, and no reported officer compensation, suggesting a high degree of efficiency and dedication to its mission. Its consistent financial reporting and lack of executive pay are positive indicators.

How does Neighbors In Need manage its finances given fluctuating revenues?

The organization manages fluctuating revenues by maintaining a substantial asset base (e.g., $770,326 in 2023) and operating with very low overhead, as evidenced by zero liabilities and zero officer compensation. This allows it to absorb periods where expenses exceed revenue, such as in 2023 where expenses were $67,556 against $32,423 in revenue.

What is the trend in Neighbors In Need's assets?

Neighbors In Need has shown a general upward trend in assets, growing from $664,332 in 2014 to $770,326 in 2023, with a peak of $943,763 in 2021. This indicates effective asset management and accumulation of reserves.

Filing History

IRS 990 filing history for Neighbors In Need showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Neighbors In Need's revenue has grown by 39.5%, moving from $23K to $32K. Total assets increased by 45.1% over the same period, from $531K to $770K. Total functional expenses rose by 11.5%, from $61K to $68K. In its most recent filing year (2023), Neighbors In Need reported a deficit of $35K, with expenses exceeding revenue.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $32K $68K $770K $0
2022 $32K $40K $716K $0
2021 $101K $37K $944K $0
2020 $36K $37K $881K $0
2019 $51K $49K $750K $0 View 990
2018 $79K $36K $641K $0 View 990
2017 $75K $39K $733K $0 View 990
2016 $42K $38K $620K $0 View 990
2015 $73K $37K $621K $0 View 990
2014 $56K $34K $664K $0 View 990
2013 $73K $43K $667K $0 View 990
2012 $37K $52K $566K $0 View 990
2011 $23K $61K $531K $0 View 990

Year-by-Year Financial Summary

  • 2023: Revenue of $32K, expenses of $68K, and assets of $770K (revenue +1.6% year-over-year).
  • 2022: Revenue of $32K, expenses of $40K, and assets of $716K (revenue -68.5% year-over-year).
  • 2021: Revenue of $101K, expenses of $37K, and assets of $944K (revenue +185.5% year-over-year).
  • 2020: Revenue of $36K, expenses of $37K, and assets of $881K (revenue -30.7% year-over-year).
  • 2019: Revenue of $51K, expenses of $49K, and assets of $750K (revenue -34.9% year-over-year).
  • 2018: Revenue of $79K, expenses of $36K, and assets of $641K (revenue +5.1% year-over-year).
  • 2017: Revenue of $75K, expenses of $39K, and assets of $733K (revenue +77.7% year-over-year).
  • 2016: Revenue of $42K, expenses of $38K, and assets of $620K (revenue -42.0% year-over-year).
  • 2015: Revenue of $73K, expenses of $37K, and assets of $621K (revenue +30.5% year-over-year).
  • 2014: Revenue of $56K, expenses of $34K, and assets of $664K (revenue -23.4% year-over-year).
  • 2013: Revenue of $73K, expenses of $43K, and assets of $667K (revenue +99.1% year-over-year).
  • 2012: Revenue of $37K, expenses of $52K, and assets of $566K (revenue +57.0% year-over-year).
  • 2011: Revenue of $23K, expenses of $61K, and assets of $531K.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Neighbors In Need:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for Neighbors In Need 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.

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