New Hampshire Electric Co Op Foundation
New Hampshire Electric Co Op Foundation consistently operates with no officer compensation and stable finances.
EIN: 113751465 · Plymouth, NH · NTEE: P80 · Updated: 2026-03-28
Is New Hampshire Electric Co Op Foundation Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
New Hampshire Electric Co Op Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About New Hampshire Electric Co Op Foundation
New Hampshire Electric Co Op Foundation (EIN: 113751465) is a nonprofit organization based in Plymouth, NH, classified under NTEE code P80. The organization reported total revenue of $272K and total assets of $474K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of New Hampshire Electric Co Op Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates New Hampshire Electric Co Op Foundation 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 Electric Co Op Foundation 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.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that the organization's leadership is either volunteer-based or compensated through other means not reported as officer compensation, which is highly favorable for a nonprofit of its 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 Electric Co Op Foundation:
- Consistent 0% officer compensation, indicating high efficiency and dedication to mission.
- Stable financial history with consistent revenue streams.
- Growing asset base, from $230,395 in 2014 to $447,694 in 2023, demonstrating financial health.
- Regular and consistent IRS 990 filing history, indicating strong transparency and compliance.
- Low liabilities relative to assets, suggesting good financial management (e.g., $7,500 liabilities vs. $447,694 assets in 2023).
Frequently Asked Questions about New Hampshire Electric Co Op Foundation
Is New Hampshire Electric Co Op Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, New Hampshire Electric Co Op Foundation (EIN: 113751465) appears legitimate. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
How does New Hampshire Electric Co Op Foundation spend its money?
New Hampshire Electric Co Op Foundation directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to New Hampshire Electric Co Op Foundation tax-deductible?
New Hampshire Electric Co Op Foundation is registered as a tax-exempt nonprofit (EIN: 113751465). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is New Hampshire Electric Co Op Foundation a good charity?
Based on the available financial data, the New Hampshire Electric Co Op Foundation appears to be a good charity. It consistently reports 0% officer compensation, maintains a stable financial position with growing assets, and has a strong history of IRS 990 filings, all indicating a focus on its mission and transparency.
How does the organization manage its expenses relative to its revenue?
The organization generally manages its expenses well, with revenues often exceeding or closely matching expenses. For example, in 2022, revenue was $293,384 against expenses of $252,401. While there are occasional years where expenses slightly exceed revenue (e.g., 2023: $303,554 expenses vs. $288,805 revenue), this is not a consistent trend and the organization maintains a healthy asset base.
What is the trend in the organization's assets?
The organization's assets have shown a positive growth trend over the past decade, increasing from $230,395 in 2014 to $447,694 in 2023, demonstrating financial stability and accumulation of resources.
Filing History
IRS 990 filing history for New Hampshire Electric Co Op Foundation showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2023), New Hampshire Electric Co Op Foundation's revenue has grown by 5.6%, moving from $273K to $289K. Total assets increased by 190.3% over the same period, from $154K to $448K. Total functional expenses rose by 30.8%, from $232K to $304K. In its most recent filing year (2023), New Hampshire Electric Co Op Foundation reported a deficit of $15K, with expenses exceeding revenue. The organization holds $8K in liabilities against $448K in assets (debt-to-asset ratio: 1.7%), resulting in net assets of $440K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $289K | $304K | $448K | $8K | — | — |
| 2022 | $293K | $252K | $436K | $13K | — | View 990 |
| 2021 | $301K | $286K | $464K | $7K | — | View 990 |
| 2019 | $291K | $236K | $362K | $8K | — | View 990 |
| 2018 | $295K | $281K | $299K | $30K | — | View 990 |
| 2017 | $279K | $266K | $299K | $18K | — | View 990 |
| 2016 | $264K | $273K | $277K | $0 | — | View 990 |
| 2015 | $269K | $275K | $224K | $0 | — | View 990 |
| 2014 | $279K | $301K | $230K | $0 | — | View 990 |
| 2013 | $369K | $248K | $280K | $0 | — | View 990 |
| 2012 | $267K | $263K | $158K | $0 | — | View 990 |
| 2011 | $273K | $232K | $154K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $289K, expenses of $304K, and assets of $448K (revenue -1.6% year-over-year).
- 2022: Revenue of $293K, expenses of $252K, and assets of $436K (revenue -2.5% year-over-year).
- 2021: Revenue of $301K, expenses of $286K, and assets of $464K (revenue +3.5% year-over-year).
- 2019: Revenue of $291K, expenses of $236K, and assets of $362K (revenue -1.5% year-over-year).
- 2018: Revenue of $295K, expenses of $281K, and assets of $299K (revenue +6.0% year-over-year).
- 2017: Revenue of $279K, expenses of $266K, and assets of $299K (revenue +5.4% year-over-year).
- 2016: Revenue of $264K, expenses of $273K, and assets of $277K (revenue -1.6% year-over-year).
- 2015: Revenue of $269K, expenses of $275K, and assets of $224K (revenue -3.8% year-over-year).
- 2014: Revenue of $279K, expenses of $301K, and assets of $230K (revenue -24.4% year-over-year).
- 2013: Revenue of $369K, expenses of $248K, and assets of $280K (revenue +38.5% year-over-year).
- 2012: Revenue of $267K, expenses of $263K, and assets of $158K (revenue -2.4% year-over-year).
- 2011: Revenue of $273K, expenses of $232K, and assets of $154K.
Data Sources and Methodology
This transparency report for New Hampshire Electric Co Op Foundation 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.