New Hampshire Association Of Broadcasters Inc

New Hampshire Association Of Broadcasters Inc maintains stable assets despite recent operating deficit and no officer compensation.

EIN: 20324070 · Manchester, NH · Updated: 2026-03-28

$224KRevenue
$641KAssets
85/100Mission Score (Excellent)
New Hampshire Association Of Broadcasters Inc Financial Summary
MetricValue
Total Revenue$224K
Total Expenses$135K
Program Spending75%
Net Assets$562K
Transparency Score85/100

Is New Hampshire Association Of Broadcasters Inc Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
1 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

New Hampshire Association Of Broadcasters Inc directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About New Hampshire Association Of Broadcasters Inc

New Hampshire Association Of Broadcasters Inc (EIN: 20324070) is a nonprofit organization based in Manchester, NH. The organization reported total revenue of $224K and total assets of $641K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of New Hampshire Association Of Broadcasters Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

48Years Operating
SmallSize Classification
13Years of Filings
MixedRevenue Trajectory

New Hampshire Association Of Broadcasters Inc is a small nonprofit that has been operating for 48 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -6.0%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$120K
Total Expenses$135K
Surplus / Deficit$-15,265
Total Assets$579K
Total Liabilities$17K
Net Assets$562K
Operating Margin-12.8%
Debt-to-Asset Ratio2.9%
Months of Reserves51.5 months

Financial Health Grade: B

In 2023, New Hampshire Association Of Broadcasters Inc reported a deficit of $15K with expenses exceeding revenue, holds 51.5 months of operating reserves (strong position), has a debt-to-asset ratio of 2.9% (very low leverage).

Financial Trends

Over 13 years of filings (2011–2023), New Hampshire Association Of Broadcasters Inc's revenue has declined at a compound annual growth rate (CAGR) of -6.0%.

YearRevenue ChangeExpense ChangeAsset Change
2023-41.2%-26.3%-2.8%
2022-18.6%+28.2%+2.9%
2021+13.6%+9.4%+24.1%
2020-23.0%-31.3%+23.8%
2019+19.8%+20.3%+38.3%

IRS Tax-Exempt Classification

IRS Classification Codes2000
IRS Ruling Date1978

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

AI Transparency Report

The New Hampshire Association Of Broadcasters Inc demonstrates a generally stable financial position, with assets consistently growing over the past decade, reaching $579,050 in 2023. While revenue has fluctuated, the organization has largely managed its expenses, though the most recent filing (2023) shows expenses exceeding revenue by $15,265 ($134,836 vs $119,571), indicating a deficit for that period. This is a shift from previous years like 2022 and 2021 where revenue significantly outpaced expenses. The organization's spending efficiency appears reasonable given its operational scale. A key strength is the consistent reporting of 0% officer compensation across all available filings, which suggests a strong commitment to directing funds towards its mission rather than executive salaries. This also contributes positively to its transparency profile, as the absence of executive compensation simplifies financial scrutiny and indicates a volunteer-led or very lean leadership structure. Overall, the organization exhibits good financial health with a solid asset base and a history of managing expenses. The recent deficit in 2023 warrants monitoring, but it does not immediately signal a crisis given the overall asset strength and prior surpluses. The consistent lack of officer compensation is a notable positive indicator of financial stewardship.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates New Hampshire Association Of Broadcasters 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: 15%
  • programs: 75%
  • fundraising: 10%

According to IRS 990 filings, New Hampshire Association Of Broadcasters Inc 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:

$120KTotal Revenue
$135KTotal Expenses
$579KTotal Assets
$17KTotal Liabilities
$562KNet Assets
  • The organization reported a deficit of $15K, with expenses exceeding revenue.
  • Debt-to-asset ratio: 2.9%.

Executive Compensation Analysis

Executive compensation is consistently reported as 0% across all available filings, indicating that no officers receive salaries from the organization, which is highly unusual for an organization of this size and suggests a volunteer-led or extremely lean operational model.

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 Of Broadcasters Inc's IRS 990 filings:

  • Expenses exceeded revenue in the most recent 2023 filing by $15,265.

Strengths

The following positive indicators were identified for New Hampshire Association Of Broadcasters Inc:

  • Consistent 0% officer compensation across all filings, indicating strong financial stewardship.
  • Significant growth in assets from $167,198 in 2016 to $579,050 in 2023, demonstrating financial stability.
  • Generally positive net income in most years, such as $60,600 in 2021 and $20,383 in 2022.

Frequently Asked Questions about New Hampshire Association Of Broadcasters Inc

Is New Hampshire Association Of Broadcasters Inc a legitimate charity?

New Hampshire Association Of Broadcasters Inc (EIN: 20324070) 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: $224K. 1 red flag identified. 3 strengths noted. Financial health grade: B.

How does New Hampshire Association Of Broadcasters Inc spend its money?

New Hampshire Association Of Broadcasters Inc directs 75% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.

Are donations to New Hampshire Association Of Broadcasters Inc tax-deductible?

New Hampshire Association Of Broadcasters Inc is registered as a tax-exempt nonprofit (EIN: 20324070). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

What percentage of New Hampshire Association Of Broadcasters Inc's spending goes to programs?

New Hampshire Association Of Broadcasters Inc directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

Where is New Hampshire Association Of Broadcasters Inc located?

New Hampshire Association Of Broadcasters Inc is headquartered in Manchester, New Hampshire and files with the IRS under EIN 20324070.

How many years of IRS 990 filings does New Hampshire Association Of Broadcasters Inc have?

New Hampshire Association Of Broadcasters 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 $224K in total revenue.

Is New Hampshire Association Of Broadcasters Inc a good charity?

Based on the available data, the organization appears to be a good charity, particularly due to its strong asset base, consistent lack of officer compensation, and generally responsible financial management over time. The recent deficit in 2023 is a point to watch, but not a major concern given its overall financial stability.

Why did expenses exceed revenue in 2023?

In the 2023 fiscal period, the organization reported revenues of $119,571 and expenses of $134,836, resulting in a deficit of $15,265. The specific reasons for this are not detailed in the summary data, but it could be due to increased program activities, one-time operational costs, or a temporary dip in fundraising.

How has the organization's asset base changed over time?

The organization's assets have shown consistent growth, increasing from $167,198 in 2016 to $579,050 in 2023, demonstrating strong financial accumulation and stability.

Filing History

IRS 990 filing history for New Hampshire Association Of Broadcasters Inc showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), New Hampshire Association Of Broadcasters Inc's revenue has declined by 52.2%, moving from $250K to $120K. Total assets increased by 93.5% over the same period, from $299K to $579K. Total functional expenses fell by 38%, from $217K to $135K. In its most recent filing year (2023), New Hampshire Association Of Broadcasters Inc reported a deficit of $15K, with expenses exceeding revenue. The organization holds $17K in liabilities against $579K in assets (debt-to-asset ratio: 2.9%), resulting in net assets of $562K.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $120K $135K $579K $17K
2022 $203K $183K $595K $18K View 990
2021 $250K $143K $579K $22K View 990
2020 $220K $130K $467K $17K
2019 $286K $190K $377K $16K View 990
2018 $238K $158K $273K $8K View 990
2017 $174K $150K $193K $8K View 990
2016 $108K $228K $167K $7K View 990
2015 $125K $218K $292K $11K View 990
2014 $248K $244K $391K $17K View 990
2013 $254K $252K $393K $24K View 990
2012 $302K $222K $378K $10K View 990
2011 $250K $217K $299K $12K View 990

Year-by-Year Financial Summary

  • 2023: Revenue of $120K, expenses of $135K, and assets of $579K (revenue -41.2% year-over-year).
  • 2022: Revenue of $203K, expenses of $183K, and assets of $595K (revenue -18.6% year-over-year).
  • 2021: Revenue of $250K, expenses of $143K, and assets of $579K (revenue +13.6% year-over-year).
  • 2020: Revenue of $220K, expenses of $130K, and assets of $467K (revenue -23.0% year-over-year).
  • 2019: Revenue of $286K, expenses of $190K, and assets of $377K (revenue +19.8% year-over-year).
  • 2018: Revenue of $238K, expenses of $158K, and assets of $273K (revenue +36.9% year-over-year).
  • 2017: Revenue of $174K, expenses of $150K, and assets of $193K (revenue +62.0% year-over-year).
  • 2016: Revenue of $108K, expenses of $228K, and assets of $167K (revenue -14.2% year-over-year).
  • 2015: Revenue of $125K, expenses of $218K, and assets of $292K (revenue -49.5% year-over-year).
  • 2014: Revenue of $248K, expenses of $244K, and assets of $391K (revenue -2.1% year-over-year).
  • 2013: Revenue of $254K, expenses of $252K, and assets of $393K (revenue -16.1% year-over-year).
  • 2012: Revenue of $302K, expenses of $222K, and assets of $378K (revenue +20.7% year-over-year).
  • 2011: Revenue of $250K, expenses of $217K, and assets of $299K.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for New Hampshire Association Of Broadcasters Inc:

2023 Filing 2022 Filing 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 Hampshire Association Of Broadcasters 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.

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