New Boston Fourth Of July Assoc
New Boston Fourth Of July Assoc consistently reports $0 expenses despite revenue, raising transparency questions.
EIN: 20474917 · New Boston, NH · NTEE: A84 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Program Spending | 100% |
| Net Assets | $59K |
| Transparency Score | 40/100 |
Is New Boston Fourth Of July Assoc Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
New Boston Fourth Of July Assoc directs 100% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About New Boston Fourth Of July Assoc
New Boston Fourth Of July Assoc (EIN: 20474917) is a nonprofit organization based in New Boston, NH, classified under NTEE code A84. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of New Boston Fourth Of July Assoc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
New Boston Fourth Of July Assoc is a micro nonprofit that has been operating for 30 years, with 9 years of IRS 990 filings on record (2012–2020).
Key Financial Metrics (2020)
From the most recent IRS 990 filing on record:
| Total Revenue | $17K |
| Total Expenses | $0 |
| Surplus / Deficit | +$17K |
| Total Assets | $59K |
| Net Assets | $59K |
| Operating Margin | 100.0% |
Financial Health Grade: A
In 2020, New Boston Fourth Of July Assoc reported a surplus of $17K with revenue exceeding expenses.
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2020 | -5.5% | — | +11.2% |
| 2018 | -168.0% | — | -12.3% |
| 2017 | +9.4% | — | +25.9% |
| 2016 | +156.2% | — | +31.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 1996 |
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 New Boston Fourth Of July Assoc with a Mission Score of 40 out of 100 (Fair). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 0%
- programs: 100%
- fundraising: 0%
According to IRS 990 filings, New Boston Fourth Of July Assoc allocates its expenses as follows: admin: 0%, programs: 100%, fundraising: 0%. With 100% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2020)
From the most recent IRS 990 filing on record:
Executive Compensation Analysis
Officer compensation is consistently reported as 0% across all filings, indicating a fully volunteer-run organization with no paid executives, which is appropriate for an organization of this size and revenue level.
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 New Boston Fourth Of July Assoc's IRS 990 filings:
- Consistent reporting of $0 expenses across all nine filings, despite revenue generation.
- Lack of detailed financial information regarding program activities and operational costs.
Strengths
The following positive indicators were identified for New Boston Fourth Of July Assoc:
- No reported officer compensation, indicating a volunteer-driven organization.
- Consistent growth in assets from $28,559 in 2012 to $58,898 in 2020.
Frequently Asked Questions about New Boston Fourth Of July Assoc
Is New Boston Fourth Of July Assoc a legitimate charity?
Based on AI analysis of IRS 990 filings, New Boston Fourth Of July Assoc (EIN: 20474917) significant concerns. Mission Score: 40/100. 2 red flags identified, 2 strengths noted.
How does New Boston Fourth Of July Assoc spend its money?
New Boston Fourth Of July Assoc directs 100% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to New Boston Fourth Of July Assoc tax-deductible?
New Boston Fourth Of July Assoc is registered as a tax-exempt nonprofit (EIN: 20474917). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does New Boston Fourth Of July Assoc compare to similar nonprofits?
With a transparency score of 40/100 (Fair), New Boston Fourth Of July Assoc is near average for NTEE category A84 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is New Boston Fourth Of July Assoc located?
New Boston Fourth Of July Assoc is headquartered in New Boston, New Hampshire and files with the IRS under EIN 20474917. It is classified under NTEE code A84.
How many years of IRS 990 filings does New Boston Fourth Of July Assoc have?
New Boston Fourth Of July Assoc has 9 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends.
Is New Boston Fourth Of July Assoc a good charity?
It's difficult to definitively say without more detailed financial reporting. While it appears to be volunteer-run and has grown its assets, the consistent reporting of $0 expenses across all filings is highly unusual and prevents a proper assessment of how funds are being used for its mission.
How does the organization spend its money?
Based on the IRS 990 filings, the organization reports $0 in expenses for all periods, making it impossible to determine how funds are spent. All reported revenue appears to be added directly to assets.
Why are expenses always $0?
The reason for consistently reporting $0 expenses is not clear from the filings. This could indicate that all activities are funded directly by volunteers or in-kind donations not reflected as expenses, or it could be an error in financial reporting.
Filing History
IRS 990 filing history for New Boston Fourth Of July Assoc showing financial trends over 9 years of public records:
Total assets increased by 106.2% over the same period, from $29K to $59K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2020 | $17K | $0 | $59K | $0 | — | View 990 |
| 2019 | $18K | $0 | $53K | $0 | — | — |
| 2018 | $-7,786 | $0 | $49K | $0 | — | View 990 |
| 2017 | $11K | $0 | $56K | $0 | — | View 990 |
| 2016 | $10K | $0 | $44K | $0 | — | — |
| 2015 | $4K | $0 | $34K | $0 | — | View 990 |
| 2014 | $-695 | $0 | $30K | $0 | — | View 990 |
| 2013 | $2K | $0 | $30K | $0 | — | View 990 |
| 2012 | $-563 | $0 | $29K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2020: Revenue of $17K, expenses of $0, and assets of $59K (revenue -5.5% year-over-year).
- 2019: Revenue of $18K, expenses of $0, and assets of $53K.
- 2018: Revenue of $-7,786, expenses of $0, and assets of $49K (revenue -168.0% year-over-year).
- 2017: Revenue of $11K, expenses of $0, and assets of $56K (revenue +9.4% year-over-year).
- 2016: Revenue of $10K, expenses of $0, and assets of $44K (revenue +156.2% year-over-year).
- 2015: Revenue of $4K, expenses of $0, and assets of $34K.
- 2014: Revenue of $-695, expenses of $0, and assets of $30K (revenue -139.5% year-over-year).
- 2013: Revenue of $2K, expenses of $0, and assets of $30K.
- 2012: Revenue of $-563, expenses of $0, and assets of $29K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for New Boston Fourth Of July Assoc:
Data Sources and Methodology
This transparency report for New Boston Fourth Of July Assoc 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.