New Hampshire Alpine Racing Association Inc
New Hampshire Alpine Racing Association Inc shows consistent revenue growth and zero liabilities over a decade.
EIN: 20375066 · Campton, NH · NTEE: N67 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $162K |
| Total Expenses | $113K |
| Program Spending | 90% |
| Net Assets | $292K |
| Transparency Score | 92/100 |
Is New Hampshire Alpine Racing Association Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
New Hampshire Alpine Racing Association Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About New Hampshire Alpine Racing Association Inc
New Hampshire Alpine Racing Association Inc (EIN: 20375066) is a nonprofit organization based in Campton, NH, classified under NTEE code N67. The organization reported total revenue of $162K and total assets of $380K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of New Hampshire Alpine Racing Association Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
New Hampshire Alpine Racing Association Inc is a small nonprofit that has been operating for 3 years, with 8 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $140K |
| Total Expenses | $113K |
| Surplus / Deficit | +$28K |
| Total Assets | $292K |
| Net Assets | $292K |
| Operating Margin | 19.6% |
| Months of Reserves | 31.1 months |
Financial Health Grade: A
In 2023, New Hampshire Alpine Racing Association Inc reported a surplus of $28K with revenue exceeding expenses, holds 31.1 months of operating reserves (strong position).
Financial Trends
Over 8 years of filings (2011–2023), New Hampshire Alpine Racing Association Inc's revenue has grown at a compound annual growth rate (CAGR) of 3.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +3.7% | +18.8% | +10.4% |
| 2022 | +22.9% | +30.8% | +18.0% |
| 2021 | -1.9% | -26.6% | +69.0% |
| 2015 | -0.2% | +9.5% | +4.1% |
| 2014 | +20.6% | +25.3% | +18.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2023 |
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 Alpine Racing Association Inc with a Mission Score of 92 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, New Hampshire Alpine Racing Association Inc allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. 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 $28K, with revenue exceeding expenses.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that its leadership is likely volunteer-based, which is highly efficient for a nonprofit 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 Alpine Racing Association Inc:
- Consistent revenue growth (from $97,380 in 2011 to $140,243 in 2023)
- Steady asset accumulation (from $62,627 in 2011 to $291,963 in 2023)
- Zero reported liabilities across all filings
- 0% officer compensation, indicating volunteer leadership and high efficiency
- Consistent positive net income (revenue exceeding expenses) in all reported periods
Frequently Asked Questions about New Hampshire Alpine Racing Association Inc
Is New Hampshire Alpine Racing Association Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, New Hampshire Alpine Racing Association Inc (EIN: 20375066) appears legitimate. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
How does New Hampshire Alpine Racing Association Inc spend its money?
New Hampshire Alpine Racing Association Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to New Hampshire Alpine Racing Association Inc tax-deductible?
New Hampshire Alpine Racing Association Inc is registered as a tax-exempt nonprofit (EIN: 20375066). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of New Hampshire Alpine Racing Association Inc's spending goes to programs?
New Hampshire Alpine Racing Association Inc directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does New Hampshire Alpine Racing Association Inc compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), New Hampshire Alpine Racing Association Inc is above average for NTEE category N67 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is New Hampshire Alpine Racing Association Inc located?
New Hampshire Alpine Racing Association Inc is headquartered in Campton, New Hampshire and files with the IRS under EIN 20375066. It is classified under NTEE code N67.
How many years of IRS 990 filings does New Hampshire Alpine Racing Association Inc have?
New Hampshire Alpine Racing Association Inc has 8 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 $162K in total revenue.
Is New Hampshire Alpine Racing Association Inc a good charity?
Based on its financial filings, NHARA appears to be a very good charity. It demonstrates consistent financial growth, maintains zero liabilities, and has no reported officer compensation, suggesting a high proportion of funds go directly to its mission.
How has NHARA's financial health changed over time?
NHARA's financial health has steadily improved over time. Revenue grew from $97,380 in 2011 to $140,243 in 2023, and assets increased from $62,627 to $291,963 in the same period, indicating strong and consistent growth.
Does NHARA have any debt?
No, NHARA consistently reports $0 in liabilities across all available IRS 990 filings, indicating a debt-free operation.
Filing History
IRS 990 filing history for New Hampshire Alpine Racing Association Inc showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2011–2023), New Hampshire Alpine Racing Association Inc's revenue has grown by 44%, moving from $97K to $140K. Total assets increased by 366.2% over the same period, from $63K to $292K. Total functional expenses rose by 39.8%, from $81K to $113K. In its most recent filing year (2023), New Hampshire Alpine Racing Association Inc reported a surplus of $28K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $140K | $113K | $292K | $0 | — | View 990 |
| 2022 | $135K | $95K | $264K | $0 | — | — |
| 2021 | $110K | $73K | $224K | $0 | — | — |
| 2015 | $112K | $99K | $133K | $0 | — | View 990 |
| 2014 | $112K | $90K | $127K | $0 | — | View 990 |
| 2013 | $93K | $72K | $108K | $0 | — | View 990 |
| 2012 | $107K | $90K | $72K | $0 | — | View 990 |
| 2011 | $97K | $81K | $63K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $140K, expenses of $113K, and assets of $292K (revenue +3.7% year-over-year).
- 2022: Revenue of $135K, expenses of $95K, and assets of $264K (revenue +22.9% year-over-year).
- 2021: Revenue of $110K, expenses of $73K, and assets of $224K (revenue -1.9% year-over-year).
- 2015: Revenue of $112K, expenses of $99K, and assets of $133K (revenue -0.2% year-over-year).
- 2014: Revenue of $112K, expenses of $90K, and assets of $127K (revenue +20.6% year-over-year).
- 2013: Revenue of $93K, expenses of $72K, and assets of $108K (revenue -13.2% year-over-year).
- 2012: Revenue of $107K, expenses of $90K, and assets of $72K (revenue +10.3% year-over-year).
- 2011: Revenue of $97K, expenses of $81K, and assets of $63K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for New Hampshire Alpine Racing Association Inc:
Data Sources and Methodology
This transparency report for New Hampshire Alpine Racing Association 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.