New Hampshire Bankers Association
New Hampshire Bankers Association maintains stable finances with consistent revenue and asset growth.
EIN: 20235648 · Concord, NH · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.5M |
| Total Expenses | $1.6M |
| Program Spending | 70% |
| CEO/Top Officer Pay | $1.5 |
| Net Assets | $1.9M |
| Transparency Score | 75/100 |
Is New Hampshire Bankers Association Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
New Hampshire Bankers Association directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About New Hampshire Bankers Association
New Hampshire Bankers Association (EIN: 20235648) is a nonprofit organization based in Concord, NH. The organization reported total revenue of $1.5M and total assets of $2.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of New Hampshire Bankers Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
New Hampshire Bankers Association is a mid-size nonprofit that has been operating for 43 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.0M |
| Total Expenses | $1.6M |
| Surplus / Deficit | +$379K |
| Total Assets | $2.3M |
| Total Liabilities | $398K |
| Net Assets | $1.9M |
| Operating Margin | 19.0% |
| Debt-to-Asset Ratio | 17.5% |
| Months of Reserves | 16.9 months |
Financial Health Grade: A
In 2023, New Hampshire Bankers Association reported a surplus of $379K with revenue exceeding expenses, holds 16.9 months of operating reserves (strong position), has a debt-to-asset ratio of 17.5% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), New Hampshire Bankers Association's revenue has grown at a compound annual growth rate (CAGR) of 4.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +81.5% | +30.3% | +21.3% |
| 2022 | +1.6% | +13.0% | -0.3% |
| 2021 | -4.3% | -11.0% | -3.9% |
| 2020 | -13.9% | -8.5% | -2.6% |
| 2019 | +4.4% | +8.4% | -8.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1983 |
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 Bankers Association 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: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, New Hampshire Bankers Association allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $379K, with revenue exceeding expenses.
- Debt-to-asset ratio: 17.5%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, suggesting either volunteer leadership or that compensation is categorized under other expense lines, which would require a deeper dive into the full 990 forms to understand the true compensation structure relative to the organization's size and revenue of approximately $1.5 million annually.
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 Bankers Association's IRS 990 filings:
- Lack of detailed functional expense breakdown in summary data
- Consistent 'Officer Comp=0%' may obscure actual compensation if categorized elsewhere
Strengths
The following positive indicators were identified for New Hampshire Bankers Association:
- Consistent revenue generation, with latest revenue at $1,995,780
- Healthy asset growth, reaching $2,270,715 in the latest period
- Low liabilities relative to assets, indicating financial stability
- Positive net income in most recent filing ($1,995,780 revenue vs. $1,616,591 expenses)
Frequently Asked Questions about New Hampshire Bankers Association
Is New Hampshire Bankers Association a legitimate charity?
New Hampshire Bankers Association (EIN: 20235648) is a registered tax-exempt nonprofit based in New Hampshire. Our AI analysis gives it a Mission Score of 75/100. It has 13 years of IRS 990 filings on record. Total revenue: $1.5M. 2 red flags identified. 4 strengths noted. Financial health grade: A.
How does New Hampshire Bankers Association spend its money?
New Hampshire Bankers Association directs 70% of its spending to programs and services. Fundraising costs 10%. This meets the 65% industry benchmark.
Are donations to New Hampshire Bankers Association tax-deductible?
New Hampshire Bankers Association is registered as a tax-exempt nonprofit (EIN: 20235648). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the New Hampshire Bankers Association CEO make?
New Hampshire Bankers Association's highest-compensated officer earns $1.5 annually. The organization reported $1.5M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of New Hampshire Bankers Association's spending goes to programs?
New Hampshire Bankers Association directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
Where is New Hampshire Bankers Association located?
New Hampshire Bankers Association is headquartered in Concord, New Hampshire and files with the IRS under EIN 20235648.
How many years of IRS 990 filings does New Hampshire Bankers Association have?
New Hampshire Bankers Association 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 $1.5M in total revenue.
Is the New Hampshire Bankers Association a good charity?
Based on the provided financial data, the organization demonstrates strong financial health with consistent revenue, asset growth, and low liabilities. However, without detailed program spending information, it's difficult to fully assess its charitable impact or 'goodness' in the traditional sense of a public charity, as it appears to be a professional association.
What is the actual executive compensation?
The provided data consistently shows 'Officer Comp=0%'. To determine actual executive compensation, a review of the full IRS 990 forms would be necessary to see if compensation is reported under different categories or if leadership is indeed uncompensated.
What percentage of expenses goes to programs?
The summary data does not provide a detailed breakdown of program expenses. A full IRS 990 filing would be needed to determine the exact percentage of expenses allocated to programs versus administrative and fundraising costs.
Filing History
IRS 990 filing history for New Hampshire Bankers Association showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), New Hampshire Bankers Association's revenue has grown by 72.8%, moving from $1.2M to $2.0M. Total assets increased by 114.3% over the same period, from $1.1M to $2.3M. Total functional expenses rose by 54.1%, from $1.0M to $1.6M. In its most recent filing year (2023), New Hampshire Bankers Association reported a surplus of $379K, with revenue exceeding expenses. The organization holds $398K in liabilities against $2.3M in assets (debt-to-asset ratio: 17.5%), resulting in net assets of $1.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.0M | $1.6M | $2.3M | $398K | — | View 990 |
| 2022 | $1.1M | $1.2M | $1.9M | $380K | — | View 990 |
| 2021 | $1.1M | $1.1M | $1.9M | $244K | — | — |
| 2020 | $1.1M | $1.2M | $2.0M | $305K | — | — |
| 2019 | $1.3M | $1.3M | $2.0M | $256K | — | View 990 |
| 2018 | $1.3M | $1.2M | $2.2M | $409K | — | View 990 |
| 2017 | $1.3M | $1.2M | $2.1M | $324K | — | View 990 |
| 2016 | $1.3M | $1.2M | $2.0M | $332K | — | View 990 |
| 2015 | $1.2M | $1.0M | $1.6M | $5K | — | View 990 |
| 2014 | $1.1M | $945K | $1.5M | $17K | — | View 990 |
| 2013 | $1.1M | $886K | $1.3M | $2K | — | View 990 |
| 2012 | $965K | $923K | $1.1M | $2K | — | View 990 |
| 2011 | $1.2M | $1.0M | $1.1M | $15K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.0M, expenses of $1.6M, and assets of $2.3M (revenue +81.5% year-over-year).
- 2022: Revenue of $1.1M, expenses of $1.2M, and assets of $1.9M (revenue +1.6% year-over-year).
- 2021: Revenue of $1.1M, expenses of $1.1M, and assets of $1.9M (revenue -4.3% year-over-year).
- 2020: Revenue of $1.1M, expenses of $1.2M, and assets of $2.0M (revenue -13.9% year-over-year).
- 2019: Revenue of $1.3M, expenses of $1.3M, and assets of $2.0M (revenue +4.4% year-over-year).
- 2018: Revenue of $1.3M, expenses of $1.2M, and assets of $2.2M (revenue -3.9% year-over-year).
- 2017: Revenue of $1.3M, expenses of $1.2M, and assets of $2.1M (revenue +3.6% year-over-year).
- 2016: Revenue of $1.3M, expenses of $1.2M, and assets of $2.0M (revenue +4.6% year-over-year).
- 2015: Revenue of $1.2M, expenses of $1.0M, and assets of $1.6M (revenue +14.6% year-over-year).
- 2014: Revenue of $1.1M, expenses of $945K, and assets of $1.5M (revenue -7.2% year-over-year).
- 2013: Revenue of $1.1M, expenses of $886K, and assets of $1.3M (revenue +17.8% year-over-year).
- 2012: Revenue of $965K, expenses of $923K, and assets of $1.1M (revenue -16.5% year-over-year).
- 2011: Revenue of $1.2M, expenses of $1.0M, and assets of $1.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for New Hampshire Bankers Association:
Data Sources and Methodology
This transparency report for New Hampshire Bankers 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.