New England Paint Horse Club Inc
New England Paint Horse Club Inc. operates with no liabilities and volunteer leadership, managing modest revenues and expenses.
EIN: 20427050 · Derry, NH · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $122K |
| Total Expenses | $91K |
| Program Spending | 90% |
| Net Assets | $31K |
| Transparency Score | 85/100 |
Is New England Paint Horse Club Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
New England Paint Horse Club Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About New England Paint Horse Club Inc
New England Paint Horse Club Inc (EIN: 20427050) is a nonprofit organization based in Derry, NH. The organization reported total revenue of $122K and total assets of $47K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of New England Paint Horse Club Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
New England Paint Horse Club Inc is a small nonprofit that has been operating for 37 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 2.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $85K |
| Total Expenses | $91K |
| Surplus / Deficit | $-5,482 |
| Total Assets | $31K |
| Net Assets | $31K |
| Operating Margin | -6.4% |
| Months of Reserves | 4.1 months |
Financial Health Grade: B
In 2023, New England Paint Horse Club Inc reported a deficit of $5K with expenses exceeding revenue, holds 4.1 months of operating reserves (adequate).
Financial Trends
Over 13 years of filings (2011–2023), New England Paint Horse Club Inc's revenue has grown at a compound annual growth rate (CAGR) of 2.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -2.7% | -4.2% | -15.1% |
| 2022 | -7.1% | +14.0% | -16.4% |
| 2021 | +12.2% | +3.9% | +36.7% |
| 2020 | +374.9% | +20.0% | +15.1% |
| 2019 | -66.2% | +33.3% | +65.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1989 |
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 England Paint Horse Club Inc with a Mission Score of 85 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: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, New England Paint Horse Club Inc allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. 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 $5K, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that the organization's leadership is entirely volunteer-based, which is highly efficient for an organization of its size.
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 Paint Horse Club Inc's IRS 990 filings:
- Occasional operating deficits (e.g., 2023: $85,458 revenue vs. $90,940 expenses; 2022: $87,817 revenue vs. $94,923 expenses), indicating expenses sometimes exceed revenue.
Strengths
The following positive indicators were identified for New England Paint Horse Club Inc:
- Consistent reporting of $0 liabilities across all filings, indicating strong financial health and no debt.
- 0% officer compensation reported in all filings, suggesting a volunteer-led organization and efficient use of funds.
- Positive trend in asset growth, from $3,978 in 2015 to $30,767 in 2023, building organizational reserves.
- Stable revenue and expense levels over recent years, indicating consistent operational activity.
Frequently Asked Questions about New England Paint Horse Club Inc
Is New England Paint Horse Club Inc a legitimate charity?
New England Paint Horse Club Inc (EIN: 20427050) is a registered tax-exempt nonprofit based in New Hampshire. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $122K. 1 red flag identified. 4 strengths noted. Financial health grade: B.
How does New England Paint Horse Club Inc spend its money?
New England Paint Horse Club Inc directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to New England Paint Horse Club Inc tax-deductible?
New England Paint Horse Club Inc is registered as a tax-exempt nonprofit (EIN: 20427050). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is New England Paint Horse Club Inc located?
New England Paint Horse Club Inc is headquartered in Derry, New Hampshire and files with the IRS under EIN 20427050.
How many years of IRS 990 filings does New England Paint Horse Club Inc have?
New England Paint Horse Club Inc 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 $122K in total revenue.
Is New England Paint Horse Club Inc. a good charity?
Based on the available data, the New England Paint Horse Club Inc. appears to be a well-managed organization, particularly given its consistent reporting of $0 liabilities and 0% officer compensation. These factors suggest strong financial stewardship and a volunteer-driven model, which are positive indicators for a charity.
How does the organization manage its debt?
The organization consistently reports $0 in liabilities across all 13 available filings, indicating excellent debt management and a strong financial position in this regard.
What is the trend in the organization's assets?
The organization's assets have shown a positive growth trend, increasing from $3,978 in 2015 to $30,767 in 2023, demonstrating an ability to build and maintain reserves.
Filing History
IRS 990 filing history for New England Paint Horse Club Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), New England Paint Horse Club Inc's revenue has grown by 30.4%, moving from $66K to $85K. Total assets increased by 1032% over the same period, from $3K to $31K. Total functional expenses rose by 41.4%, from $64K to $91K. In its most recent filing year (2023), New England Paint Horse Club Inc reported a deficit of $5K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $85K | $91K | $31K | $0 | — | View 990 |
| 2022 | $88K | $95K | $36K | $0 | — | — |
| 2021 | $95K | $83K | $43K | $0 | — | — |
| 2020 | $84K | $80K | $32K | $0 | — | View 990 |
| 2019 | $18K | $67K | $28K | $0 | — | View 990 |
| 2018 | $53K | $50K | $17K | $0 | — | View 990 |
| 2017 | $36K | $32K | $14K | $0 | — | View 990 |
| 2016 | $29K | $23K | $10K | $0 | — | View 990 |
| 2015 | $44K | $46K | $4K | $0 | — | View 990 |
| 2014 | $35K | $35K | $5K | $0 | — | View 990 |
| 2013 | $57K | $54K | $5K | $0 | — | View 990 |
| 2012 | $69K | $69K | $3K | $0 | — | View 990 |
| 2011 | $66K | $64K | $3K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $85K, expenses of $91K, and assets of $31K (revenue -2.7% year-over-year).
- 2022: Revenue of $88K, expenses of $95K, and assets of $36K (revenue -7.1% year-over-year).
- 2021: Revenue of $95K, expenses of $83K, and assets of $43K (revenue +12.2% year-over-year).
- 2020: Revenue of $84K, expenses of $80K, and assets of $32K (revenue +374.9% year-over-year).
- 2019: Revenue of $18K, expenses of $67K, and assets of $28K (revenue -66.2% year-over-year).
- 2018: Revenue of $53K, expenses of $50K, and assets of $17K (revenue +44.9% year-over-year).
- 2017: Revenue of $36K, expenses of $32K, and assets of $14K (revenue +23.3% year-over-year).
- 2016: Revenue of $29K, expenses of $23K, and assets of $10K (revenue -33.3% year-over-year).
- 2015: Revenue of $44K, expenses of $46K, and assets of $4K (revenue +24.7% year-over-year).
- 2014: Revenue of $35K, expenses of $35K, and assets of $5K (revenue -37.9% year-over-year).
- 2013: Revenue of $57K, expenses of $54K, and assets of $5K (revenue -17.1% year-over-year).
- 2012: Revenue of $69K, expenses of $69K, and assets of $3K (revenue +4.9% year-over-year).
- 2011: Revenue of $66K, expenses of $64K, and assets of $3K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for New England Paint Horse Club Inc:
Data Sources and Methodology
This transparency report for New England Paint Horse Club Inc 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.