New Hampshire Acupuncture And Asian Medicine Association
New Hampshire Acupuncture And Asian Medicine Association maintains stable finances with no officer compensation.
EIN: 20529238 · Strafford, NH · NTEE: G03 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $7K |
| Total Expenses | $6K |
| Program Spending | 90% |
| Net Assets | $26K |
| Transparency Score | 85/100 |
Is New Hampshire Acupuncture And Asian Medicine Association Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
New Hampshire Acupuncture And Asian Medicine Association directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About New Hampshire Acupuncture And Asian Medicine Association
New Hampshire Acupuncture And Asian Medicine Association (EIN: 20529238) is a nonprofit organization based in Strafford, NH, classified under NTEE code G03. The organization reported total revenue of $7K and total assets of $19K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of New Hampshire Acupuncture And Asian Medicine Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
New Hampshire Acupuncture And Asian Medicine Association is a micro nonprofit that has been operating for 2 years.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $8K |
| Total Expenses | $6K |
| Surplus / Deficit | +$2K |
| Total Assets | $26K |
| Net Assets | $26K |
| Operating Margin | 23.1% |
| Months of Reserves | 50.1 months |
Financial Health Grade: A
In 2023, New Hampshire Acupuncture And Asian Medicine Association reported a surplus of $2K with revenue exceeding expenses, holds 50.1 months of operating reserves (strong position).
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2024 |
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 Hampshire Acupuncture And Asian Medicine Association 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 Hampshire Acupuncture And Asian Medicine Association 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 surplus of $2K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is 0% of expenses, indicating a volunteer-led organization, which is highly efficient for an organization of this 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.
Strengths
The following positive indicators were identified for New Hampshire Acupuncture And Asian Medicine Association:
- No officer compensation, indicating volunteer leadership and high efficiency.
- Healthy asset-to-liability ratio ($25,515 assets, $0 liabilities in 202312).
- Positive net income in the latest filing ($7,950 revenue vs. $6,117 expenses in 202312).
Frequently Asked Questions about New Hampshire Acupuncture And Asian Medicine Association
Is New Hampshire Acupuncture And Asian Medicine Association a legitimate charity?
Based on AI analysis of IRS 990 filings, New Hampshire Acupuncture And Asian Medicine Association (EIN: 20529238) appears legitimate. Mission Score: 85/100. 0 red flags identified, 3 strengths noted.
How does New Hampshire Acupuncture And Asian Medicine Association spend its money?
New Hampshire Acupuncture And Asian Medicine Association directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to New Hampshire Acupuncture And Asian Medicine Association tax-deductible?
New Hampshire Acupuncture And Asian Medicine Association is registered as a tax-exempt nonprofit (EIN: 20529238). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does New Hampshire Acupuncture And Asian Medicine Association compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), New Hampshire Acupuncture And Asian Medicine Association is above average for NTEE category G03 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is New Hampshire Acupuncture And Asian Medicine Association located?
New Hampshire Acupuncture And Asian Medicine Association is headquartered in Strafford, New Hampshire and files with the IRS under EIN 20529238. It is classified under NTEE code G03.
Is New Hampshire Acupuncture And Asian Medicine Association a good charity?
Based on the available data, the New Hampshire Acupuncture And Asian Medicine Association appears to be a well-managed, volunteer-driven organization with no officer compensation and a healthy asset-to-liability ratio. Its small size and focus on its mission without significant overhead suggest it is a good charity in terms of financial stewardship.
What is the primary source of revenue for this organization?
The provided data does not specify the primary source of revenue, but for an organization of this size and NTEE code (G03 - Professional Societies, Associations), it is likely to be membership dues, small grants, or event fees.
Filing History
IRS 990 filing history for New Hampshire Acupuncture And Asian Medicine Association showing financial trends over 1 year of public records:
In its most recent filing year (2023), New Hampshire Acupuncture And Asian Medicine Association reported a surplus of $2K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $8K | $6K | $26K | $0 | — | — |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for New Hampshire Acupuncture And Asian Medicine Association:
Data Sources and Methodology
This transparency report for New Hampshire Acupuncture And Asian Medicine Association 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.