New Hampshire Association Of Domestic Insurance Companies
New Hampshire Association Of Domestic Insurance Companies maintains stable operations with minimal assets and no officer compensation.
EIN: 20336315 · Concord, NH · NTEE: S41 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $163K |
| Total Expenses | $201K |
| Program Spending | 85% |
| CEO/Top Officer Pay | $100,000. |
| Net Assets | $1K |
| Transparency Score | 75/100 |
Is New Hampshire Association Of Domestic Insurance Companies 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 Of Domestic Insurance Companies directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About New Hampshire Association Of Domestic Insurance Companies
New Hampshire Association Of Domestic Insurance Companies (EIN: 20336315) is a nonprofit organization based in Concord, NH, classified under NTEE code S41. The organization reported total revenue of $163K and total assets of $3K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of New Hampshire Association Of Domestic Insurance Companies's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
New Hampshire Association Of Domestic Insurance Companies is a small nonprofit that has been operating for 9 years, with 14 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 0.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $173K |
| Total Expenses | $201K |
| Surplus / Deficit | $-27,765 |
| Total Assets | $1K |
| Net Assets | $1K |
| Operating Margin | -16.0% |
| Months of Reserves | 0.1 months |
Financial Health Grade: C
In 2023, New Hampshire Association Of Domestic Insurance Companies reported a deficit of $28K with expenses exceeding revenue, holds 0.1 months of operating reserves (limited).
Financial Trends
Over 14 years of filings (2011–2023), New Hampshire Association Of Domestic Insurance Companies's revenue has grown at a compound annual growth rate (CAGR) of 0.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +5.5% | +23.4% | -96.5% |
| 2022 | -11.0% | +1.7% | +4.6% |
| 2020 | -100.0% | -100.0% | +0.0% |
| 2020 | +1678.1% | +1109.5% | +262.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2017 |
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 Of Domestic Insurance Companies with a Mission Score of 75 out of 100 (Good). 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: 85%
- fundraising: 5%
According to IRS 990 filings, New Hampshire Association Of Domestic Insurance Companies allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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 $28K, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that the organization operates without paid officers or that any compensation falls below reporting thresholds, which is highly unusual for an organization with annual revenues exceeding $100,000.
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 Domestic Insurance Companies's IRS 990 filings:
- Extremely low asset base relative to annual revenue, offering minimal financial buffer.
- Occasional deficits, such as $200,765 expenses against $173,000 revenue in 2023, indicating spending exceeding income.
Strengths
The following positive indicators were identified for New Hampshire Association Of Domestic Insurance Companies:
- Consistent IRS 990 filing history (14 filings), demonstrating strong transparency.
- Zero reported officer compensation across all filings, indicating efficient use of funds or volunteer leadership.
- Consistently reports zero liabilities, suggesting sound financial management and no outstanding debt.
Frequently Asked Questions about New Hampshire Association Of Domestic Insurance Companies
Is New Hampshire Association Of Domestic Insurance Companies a legitimate charity?
Based on AI analysis of IRS 990 filings, New Hampshire Association Of Domestic Insurance Companies (EIN: 20336315) some concerns. Mission Score: 75/100. 2 red flags identified, 3 strengths noted.
How does New Hampshire Association Of Domestic Insurance Companies spend its money?
New Hampshire Association Of Domestic Insurance Companies directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to New Hampshire Association Of Domestic Insurance Companies tax-deductible?
New Hampshire Association Of Domestic Insurance Companies is registered as a tax-exempt nonprofit (EIN: 20336315). 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 Of Domestic Insurance Companies CEO make?
New Hampshire Association Of Domestic Insurance Companies's highest-compensated officer earns $100,000. annually. The organization reported $163K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of New Hampshire Association Of Domestic Insurance Companies's spending goes to programs?
New Hampshire Association Of Domestic Insurance Companies directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does New Hampshire Association Of Domestic Insurance Companies compare to similar nonprofits?
With a transparency score of 75/100 (Good), New Hampshire Association Of Domestic Insurance Companies is above average for NTEE category S41 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is New Hampshire Association Of Domestic Insurance Companies located?
New Hampshire Association Of Domestic Insurance Companies is headquartered in Concord, New Hampshire and files with the IRS under EIN 20336315. It is classified under NTEE code S41.
How many years of IRS 990 filings does New Hampshire Association Of Domestic Insurance Companies have?
New Hampshire Association Of Domestic Insurance Companies has 14 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 $163K in total revenue.
How does the organization manage to operate with zero reported officer compensation?
The consistent reporting of 0% officer compensation suggests that the organization is either entirely volunteer-run at the executive level or that any compensation provided to officers is below the IRS reporting threshold for Form 990, Part VII, Section A.
What is the nature of the organization's 'program' activities given its NTEE code S41?
As a Business & Commerce Organization (S41), its 'program' activities likely involve advocacy, networking, education, or other services directly benefiting its member insurance companies, rather than direct public services.
Why are the organization's assets consistently so low, often below $5,000?
The consistently low asset base, such as $1,013 in 2023 and $2,753 currently, suggests that the organization operates on a very lean budget, spending most of its revenue annually and accumulating minimal reserves or capital.
Filing History
IRS 990 filing history for New Hampshire Association Of Domestic Insurance Companies showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2023), New Hampshire Association Of Domestic Insurance Companies's revenue has grown by 7.1%, moving from $162K to $173K. Total assets increased by 5231.6% over the same period, from $19 to $1K. Total functional expenses rose by 24%, from $162K to $201K. In its most recent filing year (2023), New Hampshire Association Of Domestic Insurance Companies reported a deficit of $28K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $173K | $201K | $1K | $0 | — | — |
| 2022 | $164K | $163K | $29K | $0 | — | View 990 |
| 2021 | $184K | $160K | $28K | $0 | — | — |
| 2020 | $0 | $0 | $3K | $0 | — | View 990 |
| 2020 | $341K | $339K | $3K | $0 | — | — |
| 2019 | $19K | $28K | $871 | $0 | — | View 990 |
| 2018 | $132K | $123K | $10K | $0 | — | View 990 |
| 2017 | $140K | $143K | $995 | $0 | — | View 990 |
| 2016 | $170K | $167K | $4K | $0 | — | View 990 |
| 2015 | $17K | $46K | $2K | $0 | — | — |
| 2014 | $107K | $116K | $31K | $0 | — | — |
| 2013 | $91K | $80K | $40K | $0 | — | — |
| 2012 | $124K | $95K | $29K | $0 | — | View 990 |
| 2011 | $162K | $162K | $19 | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $173K, expenses of $201K, and assets of $1K (revenue +5.5% year-over-year).
- 2022: Revenue of $164K, expenses of $163K, and assets of $29K (revenue -11.0% year-over-year).
- 2021: Revenue of $184K, expenses of $160K, and assets of $28K.
- 2020: Revenue of $0, expenses of $0, and assets of $3K (revenue -100.0% year-over-year).
- 2020: Revenue of $341K, expenses of $339K, and assets of $3K (revenue +1678.1% year-over-year).
- 2019: Revenue of $19K, expenses of $28K, and assets of $871 (revenue -85.4% year-over-year).
- 2018: Revenue of $132K, expenses of $123K, and assets of $10K (revenue -6.0% year-over-year).
- 2017: Revenue of $140K, expenses of $143K, and assets of $995 (revenue -17.7% year-over-year).
- 2016: Revenue of $170K, expenses of $167K, and assets of $4K (revenue +930.4% year-over-year).
- 2015: Revenue of $17K, expenses of $46K, and assets of $2K (revenue -84.5% year-over-year).
- 2014: Revenue of $107K, expenses of $116K, and assets of $31K (revenue +17.1% year-over-year).
- 2013: Revenue of $91K, expenses of $80K, and assets of $40K (revenue -26.3% year-over-year).
- 2012: Revenue of $124K, expenses of $95K, and assets of $29K (revenue -23.5% year-over-year).
- 2011: Revenue of $162K, expenses of $162K, and assets of $19.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for New Hampshire Association Of Domestic Insurance Companies:
Data Sources and Methodology
This transparency report for New Hampshire Association Of Domestic Insurance Companies 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.