New England Alpaca Owners & Breeders Assoc

New England Alpaca Owners & Breeders Assoc shows fluctuating revenues and consistent volunteer leadership, with recent filings indicating zero assets and revenue.

EIN: 10502623 · Rochester, NH · NTEE: K26 · Updated: 2026-03-28

$0Revenue
$0Assets
75/100Mission Score (Good)
K26
New England Alpaca Owners & Breeders Assoc Financial Summary
MetricValue
Total Expenses$7K
Program Spending85%
Net Assets$51K
Transparency Score75/100

Is New England Alpaca Owners & Breeders Assoc 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 →

New England Alpaca Owners & Breeders Assoc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About New England Alpaca Owners & Breeders Assoc

New England Alpaca Owners & Breeders Assoc (EIN: 10502623) is a nonprofit organization based in Rochester, NH, classified under NTEE code K26. 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 England Alpaca Owners & Breeders Assoc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

24Years Operating
MicroSize Classification
11Years of Filings
MixedRevenue Trajectory

New England Alpaca Owners & Breeders Assoc is a micro nonprofit that has been operating for 24 years, with 11 years of IRS 990 filings on record (2011–2021). Revenue has grown at a compound annual rate of -15.1%.

Key Financial Metrics (2021)

From the most recent IRS 990 filing on record:

Total Revenue$12K
Total Expenses$7K
Surplus / Deficit+$5K
Total Assets$72K
Total Liabilities$21K
Net Assets$51K
Operating Margin41.6%
Debt-to-Asset Ratio29.5%
Months of Reserves118.7 months

Financial Health Grade: A

In 2021, New England Alpaca Owners & Breeders Assoc reported a surplus of $5K with revenue exceeding expenses, holds 118.7 months of operating reserves (strong position), has a debt-to-asset ratio of 29.5% (moderate leverage).

Financial Trends

Over 11 years of filings (2011–2021), New England Alpaca Owners & Breeders Assoc's revenue has declined at a compound annual growth rate (CAGR) of -15.1%.

YearRevenue ChangeExpense ChangeAsset Change
2021+129.2%+5.6%+56.2%
2020-59.5%-29.7%-19.5%
2019-90.5%-92.2%+31.7%
2018+190.5%+236.5%+54.6%
2017+7.7%+18.4%+65.1%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date2002

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

AI Transparency Report

The New England Alpaca Owners & Breeders Assoc (NEAOBA) demonstrates a fluctuating financial history, with revenue and expenses varying significantly over the past decade. For instance, revenue peaked at $141,511 in 2018 but dropped to $5,449 in 2020 before recovering slightly to $12,490 in 2021. The organization consistently reports zero officer compensation, which is a positive indicator of volunteer leadership and efficient use of funds for a small organization. However, the latest filing shows zero revenue and assets, which could indicate a change in reporting or operational status, or a very recent cessation of activities, warranting further investigation. Spending efficiency appears to be generally good, with expenses often aligning with or slightly below revenue in most years, suggesting responsible financial management. For example, in 2021, expenses were $7,299 against $12,490 in revenue, indicating a surplus. The lack of reported officer compensation further enhances their spending efficiency. However, without a detailed breakdown of program, administrative, and fundraising expenses in the provided data, a precise assessment of spending efficiency across categories is challenging. Transparency is generally good given the consistent filing of IRS Form 990s. The consistent reporting of zero officer compensation is a transparent practice. However, the latest filing showing zero revenue and assets is a significant data point that requires clarification for full transparency regarding the organization's current operational status and financial health. This abrupt change from previous years' activity could be a red flag if not adequately explained.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates New England Alpaca Owners & Breeders Assoc with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

According to IRS 990 filings, New England Alpaca Owners & Breeders Assoc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.

Key Financial Metrics (2021)

From the most recent IRS 990 filing on record:

$12KTotal Revenue
$7KTotal Expenses
$72KTotal Assets
$21KTotal Liabilities
$51KNet Assets

Executive Compensation Analysis

Executive compensation is consistently reported as 0% across all available filings, indicating that the organization is run by volunteers. This is highly commendable for an organization of its size, ensuring that all funds are directed towards its mission.

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 England Alpaca Owners & Breeders Assoc's IRS 990 filings:

Strengths

The following positive indicators were identified for New England Alpaca Owners & Breeders Assoc:

Frequently Asked Questions about New England Alpaca Owners & Breeders Assoc

Is New England Alpaca Owners & Breeders Assoc a legitimate charity?

Based on AI analysis of IRS 990 filings, New England Alpaca Owners & Breeders Assoc (EIN: 10502623) some concerns. Mission Score: 75/100. 2 red flags identified, 3 strengths noted.

How does New England Alpaca Owners & Breeders Assoc spend its money?

New England Alpaca Owners & Breeders Assoc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.

Are donations to New England Alpaca Owners & Breeders Assoc tax-deductible?

New England Alpaca Owners & Breeders Assoc is registered as a tax-exempt nonprofit (EIN: 10502623). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

What percentage of New England Alpaca Owners & Breeders Assoc's spending goes to programs?

New England Alpaca Owners & Breeders Assoc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

How does New England Alpaca Owners & Breeders Assoc compare to similar nonprofits?

With a transparency score of 75/100 (Good), New England Alpaca Owners & Breeders Assoc is above average for NTEE category K26 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is New England Alpaca Owners & Breeders Assoc located?

New England Alpaca Owners & Breeders Assoc is headquartered in Rochester, New Hampshire and files with the IRS under EIN 10502623. It is classified under NTEE code K26.

How many years of IRS 990 filings does New England Alpaca Owners & Breeders Assoc have?

New England Alpaca Owners & Breeders Assoc has 11 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends.

What is the current operational status of the New England Alpaca Owners & Breeders Assoc, given the latest filing shows $0 revenue and assets?

The latest filing (Period 202112) shows $0 revenue and assets, which is a significant change from previous years. This could indicate a cessation of operations, a change in reporting, or a very recent period of inactivity. Further inquiry into their current status is needed.

How does the organization sustain itself with fluctuating revenues, such as the drop from $141,511 in 2018 to $5,449 in 2020?

The organization has experienced significant revenue fluctuations. While it has managed to cover expenses in most years, the sharp drops suggest reliance on variable income sources. The consistent zero officer compensation likely helps in managing these fluctuations by keeping fixed costs low.

What are the primary sources of revenue for the organization, and how diversified are they?

The provided data does not detail specific revenue sources. Given the name, it's likely membership dues, event fees, or donations related to alpaca ownership and breeding. The volatility in revenue suggests potential reliance on a few key events or a less diversified income stream.

Filing History

IRS 990 filing history for New England Alpaca Owners & Breeders Assoc showing financial trends over 11 years of public records:

Over 11 years of IRS 990 filings (2011–2021), New England Alpaca Owners & Breeders Assoc's revenue has declined by 80.6%, moving from $64K to $12K. Total assets increased by 165.5% over the same period, from $27K to $72K. Total functional expenses fell by 90.2%, from $74K to $7K. In its most recent filing year (2021), New England Alpaca Owners & Breeders Assoc reported a surplus of $5K, with revenue exceeding expenses. The organization holds $21K in liabilities against $72K in assets (debt-to-asset ratio: 29.5%), resulting in net assets of $51K.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2021 $12K $7K $72K $21K
2020 $5K $7K $46K $525
2019 $13K $10K $57K $7K View 990
2018 $142K $126K $44K $78 View 990
2017 $49K $37K $28K $105 View 990
2016 $45K $32K $17K $240 View 990
2015 $36K $37K $3K $0 View 990
2014 $56K $82K $4K $0 View 990
2013 $81K $86K $30K $0 View 990
2012 $92K $84K $35K $783 View 990
2011 $64K $74K $27K $330 View 990

Year-by-Year Financial Summary

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for New England Alpaca Owners & Breeders Assoc:

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 New England Alpaca Owners & Breeders 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.

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