New Hampshire Library Trustees Association
New Hampshire Library Trustees Association maintains strong financial health with growing assets and zero liabilities, driven by volunteer leadership.
EIN: 20360414 · Concord, NH · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $51K |
| Total Expenses | $29K |
| Program Spending | 90% |
| Net Assets | $151K |
| Transparency Score | 95/100 |
Is New Hampshire Library Trustees Association Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
New Hampshire Library Trustees Association directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About New Hampshire Library Trustees Association
New Hampshire Library Trustees Association (EIN: 20360414) is a nonprofit organization based in Concord, NH. The organization reported total revenue of $51K and total assets of $128K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of New Hampshire Library Trustees Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
New Hampshire Library Trustees Association is a micro nonprofit that has been operating for 45 years, with 9 years of IRS 990 filings on record (2013–2021). Revenue has grown at a compound annual rate of -3.1%.
Key Financial Metrics (2021)
From the most recent IRS 990 filing on record:
| Total Revenue | $42K |
| Total Expenses | $29K |
| Surplus / Deficit | +$13K |
| Total Assets | $151K |
| Net Assets | $151K |
| Operating Margin | 29.8% |
| Months of Reserves | 61.4 months |
Financial Health Grade: A
In 2021, New Hampshire Library Trustees Association reported a surplus of $13K with revenue exceeding expenses, holds 61.4 months of operating reserves (strong position).
Financial Trends
Over 9 years of filings (2013–2021), New Hampshire Library Trustees Association's revenue has declined at a compound annual growth rate (CAGR) of -3.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2021 | +29.6% | +11.1% | +9.1% |
| 2020 | -43.9% | -46.9% | +4.4% |
| 2019 | +0.5% | -3.3% | +6.3% |
| 2018 | -3.0% | +3.8% | +4.9% |
| 2017 | -7.5% | +0.2% | +8.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1981 |
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 Library Trustees Association with a Mission Score of 95 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: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, New Hampshire Library Trustees Association allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2021)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $13K, with revenue exceeding expenses.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all nine filings, indicating a fully volunteer-led executive team. This significantly reduces administrative costs and directs more resources towards its mission.
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 Library Trustees Association:
- Consistent asset growth, from $61,939 in 2013 to $150,809 in 2021.
- Zero reported liabilities across all nine filings, indicating strong financial health.
- 0% officer compensation, demonstrating a highly efficient, volunteer-driven model.
- Consistent surpluses (revenue exceeding expenses) allowing for reserve building, e.g., $42,003 revenue vs. $29,466 expenses in 2021.
- Strong financial transparency with consistent and clear IRS 990 reporting.
Frequently Asked Questions about New Hampshire Library Trustees Association
Is New Hampshire Library Trustees Association a legitimate charity?
Based on AI analysis of IRS 990 filings, New Hampshire Library Trustees Association (EIN: 20360414) appears legitimate. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.
How does New Hampshire Library Trustees Association spend its money?
New Hampshire Library Trustees Association directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to New Hampshire Library Trustees Association tax-deductible?
New Hampshire Library Trustees Association is registered as a tax-exempt nonprofit (EIN: 20360414). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is New Hampshire Library Trustees Association located?
New Hampshire Library Trustees Association is headquartered in Concord, New Hampshire and files with the IRS under EIN 20360414.
How many years of IRS 990 filings does New Hampshire Library Trustees Association have?
New Hampshire Library Trustees Association has 9 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 $51K in total revenue.
Is New Hampshire Library Trustees Association a good charity?
Yes, based on the available financial data, NHLTA appears to be a very good charity. It demonstrates strong financial health with growing assets and no liabilities, operates efficiently with low overhead due to volunteer leadership, and consistently spends less than it earns, building reserves.
How does NHLTA manage to have 0% officer compensation?
The consistent reporting of 0% officer compensation across all filings suggests that the organization's leadership (officers, directors, trustees) are serving in a purely volunteer capacity, receiving no salary or other compensation for their roles.
What is the trend in NHLTA's financial stability?
NHLTA shows a strong trend of increasing financial stability. Its assets have consistently grown from $61,939 in 2013 to $150,809 in 2021, while liabilities have remained at $0 throughout this period, indicating excellent fiscal management and reserve building.
Filing History
IRS 990 filing history for New Hampshire Library Trustees Association showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2013–2021), New Hampshire Library Trustees Association's revenue has declined by 22%, moving from $54K to $42K. Total assets increased by 143.5% over the same period, from $62K to $151K. Total functional expenses fell by 22.6%, from $38K to $29K. In its most recent filing year (2021), New Hampshire Library Trustees Association reported a surplus of $13K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2021 | $42K | $29K | $151K | $0 | — | — |
| 2020 | $32K | $27K | $138K | $0 | — | View 990 |
| 2019 | $58K | $50K | $132K | $0 | — | View 990 |
| 2018 | $57K | $52K | $125K | $0 | — | View 990 |
| 2017 | $59K | $50K | $119K | $0 | — | View 990 |
| 2016 | $64K | $50K | $109K | $0 | — | View 990 |
| 2015 | $65K | $50K | $95K | $0 | — | View 990 |
| 2014 | $65K | $47K | $80K | $0 | — | View 990 |
| 2013 | $54K | $38K | $62K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2021: Revenue of $42K, expenses of $29K, and assets of $151K (revenue +29.6% year-over-year).
- 2020: Revenue of $32K, expenses of $27K, and assets of $138K (revenue -43.9% year-over-year).
- 2019: Revenue of $58K, expenses of $50K, and assets of $132K (revenue +0.5% year-over-year).
- 2018: Revenue of $57K, expenses of $52K, and assets of $125K (revenue -3.0% year-over-year).
- 2017: Revenue of $59K, expenses of $50K, and assets of $119K (revenue -7.5% year-over-year).
- 2016: Revenue of $64K, expenses of $50K, and assets of $109K (revenue -1.6% year-over-year).
- 2015: Revenue of $65K, expenses of $50K, and assets of $95K (revenue +0.4% year-over-year).
- 2014: Revenue of $65K, expenses of $47K, and assets of $80K (revenue +20.3% year-over-year).
- 2013: Revenue of $54K, expenses of $38K, and assets of $62K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for New Hampshire Library Trustees Association:
Data Sources and Methodology
This transparency report for New Hampshire Library Trustees 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.