New Hampshire Association For The Blind
New Hampshire Association For The Blind maintains stable finances with consistent surpluses and growing assets, reporting no officer compensation.
EIN: 20223606 · Concord, NH · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $6.1M |
| Total Expenses | $2.8M |
| Program Spending | 75% |
| CEO/Top Officer Pay | $2 |
| Net Assets | $11.6M |
| Transparency Score | 85/100 |
Is New Hampshire Association For The Blind Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
New Hampshire Association For The Blind directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About New Hampshire Association For The Blind
New Hampshire Association For The Blind (EIN: 20223606) is a nonprofit organization based in Concord, NH. The organization reported total revenue of $6.1M and total assets of $14.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of New Hampshire Association For The Blind's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
New Hampshire Association For The Blind is a mid-size nonprofit that has been operating for 77 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 0.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.9M |
| Total Expenses | $2.8M |
| Surplus / Deficit | +$39K |
| Total Assets | $11.8M |
| Total Liabilities | $150K |
| Net Assets | $11.6M |
| Operating Margin | 1.4% |
| Debt-to-Asset Ratio | 1.3% |
| Months of Reserves | 50.2 months |
Financial Health Grade: A
In 2023, New Hampshire Association For The Blind reported a surplus of $39K with revenue exceeding expenses, holds 50.2 months of operating reserves (strong position), has a debt-to-asset ratio of 1.3% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), New Hampshire Association For The Blind's revenue has grown at a compound annual growth rate (CAGR) of 0.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -6.6% | +2.7% | +2.1% |
| 2022 | -8.8% | +2.7% | -17.6% |
| 2021 | +50.9% | +3.8% | +18.0% |
| 2020 | -31.8% | +6.3% | +10.5% |
| 2019 | +33.6% | -0.2% | +7.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1949 |
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 Association For The Blind 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: 15%
- programs: 75%
- fundraising: 10%
According to IRS 990 filings, New Hampshire Association For The Blind allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% 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 $39K, with revenue exceeding expenses.
- Debt-to-asset ratio: 1.3%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, which is highly unusual for an organization of its size with annual revenues consistently above $2 million. This suggests either a fully volunteer executive leadership or that executive compensation is categorized differently, requiring further scrutiny for complete transparency.
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 Hampshire Association For The Blind's IRS 990 filings:
- Consistent 0% officer compensation reported, which is unusual for an organization of this size and could indicate a lack of transparency in compensation reporting if executives are indeed compensated.
Strengths
The following positive indicators were identified for New Hampshire Association For The Blind:
- Consistent financial stability with revenues generally exceeding expenses, as seen in the 202308 period with $2,850,444 revenue vs. $2,811,115 expenses.
- Steady growth in assets over the past decade, from $8,383,337 in 201408 to $11,752,842 in 202308, indicating strong financial management.
- Low liabilities relative to assets, with liabilities at $150,177 in 202308 against $11,752,842 in assets, suggesting a healthy balance sheet.
- Consistent filing of IRS 990 forms over 13 periods, demonstrating regulatory compliance and transparency in reporting.
Frequently Asked Questions about New Hampshire Association For The Blind
Is New Hampshire Association For The Blind a legitimate charity?
New Hampshire Association For The Blind (EIN: 20223606) 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: $6.1M. 1 red flag identified. 4 strengths noted. Financial health grade: A.
How does New Hampshire Association For The Blind spend its money?
New Hampshire Association For The Blind directs 75% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to New Hampshire Association For The Blind tax-deductible?
New Hampshire Association For The Blind is registered as a tax-exempt nonprofit (EIN: 20223606). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the New Hampshire Association For The Blind CEO make?
New Hampshire Association For The Blind's highest-compensated officer earns $2 annually. The organization reported $6.1M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of New Hampshire Association For The Blind's spending goes to programs?
New Hampshire Association For The Blind directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is New Hampshire Association For The Blind located?
New Hampshire Association For The Blind is headquartered in Concord, New Hampshire and files with the IRS under EIN 20223606.
How many years of IRS 990 filings does New Hampshire Association For The Blind have?
New Hampshire Association For The Blind 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 $6.1M in total revenue.
Is the New Hampshire Association For The Blind a good charity?
Based on its financial stability, consistent asset growth from $8.3M in 2014 to $11.7M in 2023, and consistent operational surpluses, the organization appears to be well-managed financially. The absence of reported officer compensation is a unique factor that could be seen positively or warrant further investigation into how leadership is compensated.
How does the organization manage its executive compensation?
The provided IRS 990 data consistently reports 0% officer compensation for all periods, which is highly unusual for an organization with annual revenues exceeding $2 million. This suggests either a volunteer-led executive team or that compensation is reported under other expense categories, which would require a deeper dive into their full 990 forms for clarity.
Has the organization's financial health improved over time?
Yes, the organization's assets have steadily grown from $8,383,337 in 201408 to $11,752,842 in 202308, indicating an improvement in financial health and accumulation of reserves. Revenues and expenses have also remained relatively stable, with consistent surpluses in most years.
Filing History
IRS 990 filing history for New Hampshire Association For The Blind showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), New Hampshire Association For The Blind's revenue has grown by 5.3%, moving from $2.7M to $2.9M. Total assets increased by 44.9% over the same period, from $8.1M to $11.8M. Total functional expenses rose by 35.9%, from $2.1M to $2.8M. In its most recent filing year (2023), New Hampshire Association For The Blind reported a surplus of $39K, with revenue exceeding expenses. The organization holds $150K in liabilities against $11.8M in assets (debt-to-asset ratio: 1.3%), resulting in net assets of $11.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.9M | $2.8M | $11.8M | $150K | — | View 990 |
| 2022 | $3.1M | $2.7M | $11.5M | $169K | — | View 990 |
| 2021 | $3.3M | $2.7M | $14.0M | $792K | — | View 990 |
| 2020 | $2.2M | $2.6M | $11.8M | $651K | — | View 990 |
| 2019 | $3.3M | $2.4M | $10.7M | $256K | — | View 990 |
| 2018 | $2.4M | $2.4M | $9.9M | $313K | — | View 990 |
| 2017 | $2.6M | $2.3M | $9.5M | $350K | — | View 990 |
| 2016 | $2.4M | $2.3M | $9.1M | $379K | — | View 990 |
| 2015 | $3.1M | $2.0M | $9.1M | $298K | — | View 990 |
| 2014 | $2.0M | $1.9M | $8.4M | $279K | — | View 990 |
| 2013 | $2.0M | $2.1M | $8.0M | $324K | — | View 990 |
| 2012 | $1.7M | $2.1M | $8.0M | $385K | — | View 990 |
| 2011 | $2.7M | $2.1M | $8.1M | $471K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.9M, expenses of $2.8M, and assets of $11.8M (revenue -6.6% year-over-year).
- 2022: Revenue of $3.1M, expenses of $2.7M, and assets of $11.5M (revenue -8.8% year-over-year).
- 2021: Revenue of $3.3M, expenses of $2.7M, and assets of $14.0M (revenue +50.9% year-over-year).
- 2020: Revenue of $2.2M, expenses of $2.6M, and assets of $11.8M (revenue -31.8% year-over-year).
- 2019: Revenue of $3.3M, expenses of $2.4M, and assets of $10.7M (revenue +33.6% year-over-year).
- 2018: Revenue of $2.4M, expenses of $2.4M, and assets of $9.9M (revenue -6.7% year-over-year).
- 2017: Revenue of $2.6M, expenses of $2.3M, and assets of $9.5M (revenue +10.8% year-over-year).
- 2016: Revenue of $2.4M, expenses of $2.3M, and assets of $9.1M (revenue -23.0% year-over-year).
- 2015: Revenue of $3.1M, expenses of $2.0M, and assets of $9.1M (revenue +54.6% year-over-year).
- 2014: Revenue of $2.0M, expenses of $1.9M, and assets of $8.4M (revenue -0.7% year-over-year).
- 2013: Revenue of $2.0M, expenses of $2.1M, and assets of $8.0M (revenue +14.9% year-over-year).
- 2012: Revenue of $1.7M, expenses of $2.1M, and assets of $8.0M (revenue -35.9% year-over-year).
- 2011: Revenue of $2.7M, expenses of $2.1M, and assets of $8.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for New Hampshire Association For The Blind:
Data Sources and Methodology
This transparency report for New Hampshire Association For The Blind 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.