New Hampshire Excellence In Education Awards
New Hampshire Excellence In Education Awards consistently operates with deficits and declining assets, despite zero officer compensation.
EIN: 20520766 · Concord, NH · NTEE: B99 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $158K |
| Total Expenses | $95K |
| Program Spending | 90% |
| Net Assets | $2K |
| Transparency Score | 75/100 |
Is New Hampshire Excellence In Education Awards Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
New Hampshire Excellence In Education Awards directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About New Hampshire Excellence In Education Awards
New Hampshire Excellence In Education Awards (EIN: 20520766) is a nonprofit organization based in Concord, NH, classified under NTEE code B99. The organization reported total revenue of $158K and total assets of $81K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of New Hampshire Excellence In Education Awards's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
New Hampshire Excellence In Education Awards is a small nonprofit that has been operating for 4 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 23.3%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $76K |
| Total Expenses | $95K |
| Surplus / Deficit | $-18,864 |
| Total Assets | $2K |
| Net Assets | $2K |
| Operating Margin | -24.9% |
| Months of Reserves | 0.2 months |
Financial Health Grade: C
In 2024, New Hampshire Excellence In Education Awards reported a deficit of $19K with expenses exceeding revenue, holds 0.2 months of operating reserves (limited).
Financial Trends
Over 14 years of filings (2011–2024), New Hampshire Excellence In Education Awards's revenue has grown at a compound annual growth rate (CAGR) of 23.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +5.1% | +15.5% | -92.2% |
| 2023 | +2.6% | +24.4% | -32.4% |
| 2022 | +130.5% | +70.7% | +17.0% |
| 2021 | +115.1% | +25.7% | -23.8% |
| 2020 | -76.1% | -53.1% | -32.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2022 |
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 Excellence In Education Awards 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, New Hampshire Excellence In Education Awards 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.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $19K, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating a volunteer-led organization or one with extremely low administrative costs, which is highly efficient 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.
Red Flags
The following concerns were identified during AI analysis of New Hampshire Excellence In Education Awards's IRS 990 filings:
- Consistent operational deficits (e.g., $18,864 deficit in 202406, $9,818 deficit in 202306)
- Significant decline in assets over recent years (from $50,508 in 201906 to $1,599 in 202406)
- Low asset base relative to annual expenses ($1,599 assets vs. $94,713 expenses in 202406)
Strengths
The following positive indicators were identified for New Hampshire Excellence In Education Awards:
- Zero officer compensation reported across all filings, indicating high efficiency and volunteer leadership.
- No reported liabilities across all filings, demonstrating financial prudence.
- Consistent filing history, indicating good transparency and compliance.
Frequently Asked Questions about New Hampshire Excellence In Education Awards
Is New Hampshire Excellence In Education Awards a legitimate charity?
Based on AI analysis of IRS 990 filings, New Hampshire Excellence In Education Awards (EIN: 20520766) some concerns. Mission Score: 75/100. 3 red flags identified, 3 strengths noted.
How does New Hampshire Excellence In Education Awards spend its money?
New Hampshire Excellence In Education Awards directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to New Hampshire Excellence In Education Awards tax-deductible?
New Hampshire Excellence In Education Awards is registered as a tax-exempt nonprofit (EIN: 20520766). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of New Hampshire Excellence In Education Awards's spending goes to programs?
New Hampshire Excellence In Education Awards directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does New Hampshire Excellence In Education Awards compare to similar nonprofits?
With a transparency score of 75/100 (Good), New Hampshire Excellence In Education Awards is above average for NTEE category B99 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is New Hampshire Excellence In Education Awards located?
New Hampshire Excellence In Education Awards is headquartered in Concord, New Hampshire and files with the IRS under EIN 20520766. It is classified under NTEE code B99.
How many years of IRS 990 filings does New Hampshire Excellence In Education Awards have?
New Hampshire Excellence In Education Awards 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 $158K in total revenue.
Is New Hampshire Excellence In Education Awards a good charity?
The organization demonstrates a strong commitment to its mission with no officer compensation and likely high program spending. However, its consistent operational deficits and declining asset base raise concerns about long-term financial sustainability.
Why are the assets declining?
The organization's assets have significantly declined from $50,508 in 201906 to $1,599 in 202406. This trend is likely due to expenses consistently exceeding revenue in most recent periods, requiring the organization to draw down its reserves to cover operational costs.
How does the organization fund its operations if it consistently runs a deficit?
The consistent deficits, such as expenses of $94,713 against revenue of $75,849 in 202406, suggest the organization is either utilizing prior year reserves (which explains the declining assets) or relying on specific grant funding that may not be fully reflected in annual revenue figures or is received intermittently.
Filing History
IRS 990 filing history for New Hampshire Excellence In Education Awards showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), New Hampshire Excellence In Education Awards's revenue has grown by 1420.9%, moving from $5K to $76K. Total assets decreased by 95.7% over the same period, from $37K to $2K. Total functional expenses rose by 351.2%, from $21K to $95K. In its most recent filing year (2024), New Hampshire Excellence In Education Awards reported a deficit of $19K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $76K | $95K | $2K | $0 | — | — |
| 2023 | $72K | $82K | $20K | $0 | — | View 990 |
| 2022 | $70K | $66K | $30K | $0 | — | View 990 |
| 2021 | $31K | $39K | $26K | $0 | — | — |
| 2020 | $14K | $31K | $34K | $0 | — | — |
| 2019 | $59K | $65K | $51K | $0 | — | — |
| 2018 | $68K | $84K | $57K | $0 | — | — |
| 2017 | $54K | $36K | $73K | $0 | — | — |
| 2016 | $58K | $58K | $56K | $0 | — | — |
| 2015 | $29K | $9K | $55K | $0 | — | View 990 |
| 2014 | $8K | $8K | $34K | $0 | — | View 990 |
| 2013 | $10K | $10K | $34K | $0 | — | View 990 |
| 2012 | $8K | $12K | $34K | $0 | — | View 990 |
| 2011 | $5K | $21K | $37K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $76K, expenses of $95K, and assets of $2K (revenue +5.1% year-over-year).
- 2023: Revenue of $72K, expenses of $82K, and assets of $20K (revenue +2.6% year-over-year).
- 2022: Revenue of $70K, expenses of $66K, and assets of $30K (revenue +130.5% year-over-year).
- 2021: Revenue of $31K, expenses of $39K, and assets of $26K (revenue +115.1% year-over-year).
- 2020: Revenue of $14K, expenses of $31K, and assets of $34K (revenue -76.1% year-over-year).
- 2019: Revenue of $59K, expenses of $65K, and assets of $51K (revenue -12.2% year-over-year).
- 2018: Revenue of $68K, expenses of $84K, and assets of $57K (revenue +26.1% year-over-year).
- 2017: Revenue of $54K, expenses of $36K, and assets of $73K (revenue -8.3% year-over-year).
- 2016: Revenue of $58K, expenses of $58K, and assets of $56K (revenue +100.5% year-over-year).
- 2015: Revenue of $29K, expenses of $9K, and assets of $55K (revenue +244.8% year-over-year).
- 2014: Revenue of $8K, expenses of $8K, and assets of $34K (revenue -15.4% year-over-year).
- 2013: Revenue of $10K, expenses of $10K, and assets of $34K (revenue +20.6% year-over-year).
- 2012: Revenue of $8K, expenses of $12K, and assets of $34K (revenue +66.2% year-over-year).
- 2011: Revenue of $5K, expenses of $21K, and assets of $37K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for New Hampshire Excellence In Education Awards:
Data Sources and Methodology
This transparency report for New Hampshire Excellence In Education Awards 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.