New Hampshire Innovation And Creativity Connection
New Hampshire Innovation And Creativity Connection shows consistent revenue growth and zero officer compensation, indicating strong mission focus.
EIN: 20394884 · Manchester, NH · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $137K |
| Total Expenses | $117K |
| Program Spending | 90% |
| Net Assets | $150K |
| Transparency Score | 85/100 |
Is New Hampshire Innovation And Creativity Connection Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
New Hampshire Innovation And Creativity Connection directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About New Hampshire Innovation And Creativity Connection
New Hampshire Innovation And Creativity Connection (EIN: 20394884) is a nonprofit organization based in Manchester, NH. The organization reported total revenue of $137K and total assets of $158K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of New Hampshire Innovation And Creativity Connection's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
New Hampshire Innovation And Creativity Connection is a small nonprofit that has been operating for 39 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -0.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $145K |
| Total Expenses | $117K |
| Surplus / Deficit | +$28K |
| Total Assets | $150K |
| Net Assets | $150K |
| Operating Margin | 19.3% |
| Months of Reserves | 15.3 months |
Financial Health Grade: A
In 2023, New Hampshire Innovation And Creativity Connection reported a surplus of $28K with revenue exceeding expenses, holds 15.3 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), New Hampshire Innovation And Creativity Connection's revenue has declined at a compound annual growth rate (CAGR) of -0.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +42.0% | +35.1% | +23.4% |
| 2022 | +105.2% | +120.5% | +14.7% |
| 2021 | -43.0% | -55.8% | +11.0% |
| 2020 | -67.9% | -71.8% | -2.5% |
| 2019 | +15.8% | +22.7% | -18.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1987 |
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 Innovation And Creativity Connection 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: 5%
- programs: 90%
- fundraising: 5%
According to IRS 990 filings, New Hampshire Innovation And Creativity Connection allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. With 90% 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 surplus of $28K, with revenue exceeding expenses.
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 classified as officer compensation, which is a strong positive for directing funds to programs.
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 Innovation And Creativity Connection's IRS 990 filings:
- NTEE Code is unknown, limiting industry-specific comparisons and understanding of mission focus.
- Detailed expense breakdown (program, admin, fundraising) is not provided in the summary data, hindering a precise efficiency analysis.
Strengths
The following positive indicators were identified for New Hampshire Innovation And Creativity Connection:
- Consistent zero officer compensation across all filings, indicating high dedication to mission and efficient use of funds.
- Healthy growth in revenue and assets in recent years (2021-2023), demonstrating financial stability and increasing capacity.
- Minimal to zero liabilities reported in most recent filings, indicating strong financial management and solvency.
- Operating with a surplus in the latest filing (2023 revenue $144,840 vs. expenses $116,897), contributing to asset growth.
Frequently Asked Questions about New Hampshire Innovation And Creativity Connection
Is New Hampshire Innovation And Creativity Connection a legitimate charity?
New Hampshire Innovation And Creativity Connection (EIN: 20394884) 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: $137K. 2 red flags identified. 4 strengths noted. Financial health grade: A.
How does New Hampshire Innovation And Creativity Connection spend its money?
New Hampshire Innovation And Creativity Connection directs 90% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to New Hampshire Innovation And Creativity Connection tax-deductible?
New Hampshire Innovation And Creativity Connection is registered as a tax-exempt nonprofit (EIN: 20394884). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of New Hampshire Innovation And Creativity Connection's spending goes to programs?
New Hampshire Innovation And Creativity Connection directs 90% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is New Hampshire Innovation And Creativity Connection located?
New Hampshire Innovation And Creativity Connection is headquartered in Manchester, New Hampshire and files with the IRS under EIN 20394884.
How many years of IRS 990 filings does New Hampshire Innovation And Creativity Connection have?
New Hampshire Innovation And Creativity Connection 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 $137K in total revenue.
Is New Hampshire Innovation And Creativity Connection a good charity?
Based on the available data, NHICC appears to be a good charity. They consistently report zero officer compensation, indicating a strong commitment to directing funds towards their mission. Their assets are growing, and they generally operate with a surplus, suggesting financial stability.
How has NHICC's revenue trended over time?
NHICC's revenue has shown fluctuations, with a peak in 2019 ($271,715) and a low in 2021 ($49,709). However, it has demonstrated strong recovery and growth in recent years, from $49,709 in 2021 to $144,840 in 2023.
What is the organization's financial solvency?
The organization appears financially solvent, with assets consistently exceeding liabilities. In 2023, assets were $149,508 with $0 liabilities, indicating a very strong balance sheet.
Filing History
IRS 990 filing history for New Hampshire Innovation And Creativity Connection showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), New Hampshire Innovation And Creativity Connection's revenue has declined by 5.8%, moving from $154K to $145K. Total assets decreased by 0.8% over the same period, from $151K to $150K. Total functional expenses fell by 22.4%, from $151K to $117K. In its most recent filing year (2023), New Hampshire Innovation And Creativity Connection reported a surplus of $28K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $145K | $117K | $150K | $0 | — | View 990 |
| 2022 | $102K | $87K | $121K | $1 | — | View 990 |
| 2021 | $50K | $39K | $106K | $138 | — | View 990 |
| 2020 | $87K | $89K | $95K | $0 | — | View 990 |
| 2019 | $272K | $315K | $98K | $1K | — | View 990 |
| 2018 | $235K | $257K | $120K | $4K | — | View 990 |
| 2017 | $165K | $236K | $142K | $13 | — | View 990 |
| 2016 | $181K | $168K | $217K | $4K | — | View 990 |
| 2015 | $157K | $128K | $203K | $3K | — | View 990 |
| 2014 | $136K | $124K | $173K | $626 | — | View 990 |
| 2013 | $115K | $113K | $161K | $2K | — | View 990 |
| 2012 | $132K | $126K | $158K | $556 | — | View 990 |
| 2011 | $154K | $151K | $151K | $633 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $145K, expenses of $117K, and assets of $150K (revenue +42.0% year-over-year).
- 2022: Revenue of $102K, expenses of $87K, and assets of $121K (revenue +105.2% year-over-year).
- 2021: Revenue of $50K, expenses of $39K, and assets of $106K (revenue -43.0% year-over-year).
- 2020: Revenue of $87K, expenses of $89K, and assets of $95K (revenue -67.9% year-over-year).
- 2019: Revenue of $272K, expenses of $315K, and assets of $98K (revenue +15.8% year-over-year).
- 2018: Revenue of $235K, expenses of $257K, and assets of $120K (revenue +42.1% year-over-year).
- 2017: Revenue of $165K, expenses of $236K, and assets of $142K (revenue -8.8% year-over-year).
- 2016: Revenue of $181K, expenses of $168K, and assets of $217K (revenue +15.5% year-over-year).
- 2015: Revenue of $157K, expenses of $128K, and assets of $203K (revenue +14.9% year-over-year).
- 2014: Revenue of $136K, expenses of $124K, and assets of $173K (revenue +18.4% year-over-year).
- 2013: Revenue of $115K, expenses of $113K, and assets of $161K (revenue -13.0% year-over-year).
- 2012: Revenue of $132K, expenses of $126K, and assets of $158K (revenue -13.9% year-over-year).
- 2011: Revenue of $154K, expenses of $151K, and assets of $151K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for New Hampshire Innovation And Creativity Connection:
Data Sources and Methodology
This transparency report for New Hampshire Innovation And Creativity Connection 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.