New Hampshire Musculoskeletal Inst Itute
New Hampshire Musculoskeletal Institute consistently reports no officer compensation and maintains stable finances.
EIN: 20471046 · Manchester, NH · NTEE: H99 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.1M |
| Total Expenses | $945K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $1 |
| Net Assets | $1000K |
| Transparency Score | 95/100 |
Is New Hampshire Musculoskeletal Inst Itute Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
New Hampshire Musculoskeletal Inst Itute directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About New Hampshire Musculoskeletal Inst Itute
New Hampshire Musculoskeletal Inst Itute (EIN: 20471046) is a nonprofit organization based in Manchester, NH, classified under NTEE code H99. The organization reported total revenue of $1.1M and total assets of $1.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of New Hampshire Musculoskeletal Inst Itute's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
New Hampshire Musculoskeletal Inst Itute is a mid-size nonprofit that has been operating for 32 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 10.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $990K |
| Total Expenses | $945K |
| Surplus / Deficit | +$46K |
| Total Assets | $1.1M |
| Total Liabilities | $77K |
| Net Assets | $1000K |
| Operating Margin | 4.6% |
| Debt-to-Asset Ratio | 7.2% |
| Months of Reserves | 13.7 months |
Financial Health Grade: A
In 2023, New Hampshire Musculoskeletal Inst Itute reported a surplus of $46K with revenue exceeding expenses, holds 13.7 months of operating reserves (strong position), has a debt-to-asset ratio of 7.2% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), New Hampshire Musculoskeletal Inst Itute's revenue has grown at a compound annual growth rate (CAGR) of 10.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +3.7% | -1.7% | +6.3% |
| 2022 | +4.6% | +17.1% | -9.5% |
| 2021 | -15.7% | -9.4% | +3.8% |
| 2020 | +23.9% | -3.6% | +13.4% |
| 2019 | +7.2% | +11.3% | +7.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 4000 |
| IRS Ruling Date | 1994 |
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 Musculoskeletal Inst Itute 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 Musculoskeletal Inst Itute 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $46K, with revenue exceeding expenses.
- Debt-to-asset ratio: 7.2%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no officers receive salaries from the organization, which is highly unusual for an organization of its size with over $1 million in annual revenue.
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 Musculoskeletal Inst Itute's IRS 990 filings:
- Unusually low (0%) officer compensation for an organization of this size, which might warrant further investigation into how leadership is compensated or structured.
Strengths
The following positive indicators were identified for New Hampshire Musculoskeletal Inst Itute:
- Consistent reporting of 0% officer compensation, indicating high efficiency in directing funds to mission.
- Stable financial health with assets consistently exceeding liabilities (e.g., $1,076,811 assets vs. $77,293 liabilities in 2023).
- Positive net income in several recent years, contributing to asset growth (e.g., $45,524 in 2023, $92,961 in 2021).
- Long and consistent IRS 990 filing history (13 filings), demonstrating transparency and compliance.
Frequently Asked Questions about New Hampshire Musculoskeletal Inst Itute
Is New Hampshire Musculoskeletal Inst Itute a legitimate charity?
New Hampshire Musculoskeletal Inst Itute (EIN: 20471046) is a registered tax-exempt nonprofit based in New Hampshire. Our AI analysis gives it a Mission Score of 95/100. It has 13 years of IRS 990 filings on record. Total revenue: $1.1M. 1 red flag identified. 4 strengths noted. Financial health grade: A.
How does New Hampshire Musculoskeletal Inst Itute spend its money?
New Hampshire Musculoskeletal Inst Itute directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to New Hampshire Musculoskeletal Inst Itute tax-deductible?
New Hampshire Musculoskeletal Inst Itute is registered as a tax-exempt nonprofit (EIN: 20471046). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the New Hampshire Musculoskeletal Inst Itute CEO make?
New Hampshire Musculoskeletal Inst Itute's highest-compensated officer earns $1 annually. The organization reported $1.1M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
How does New Hampshire Musculoskeletal Inst Itute compare to similar nonprofits?
With a transparency score of 95/100 (Excellent), New Hampshire Musculoskeletal Inst Itute is above average for NTEE category H99 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is New Hampshire Musculoskeletal Inst Itute located?
New Hampshire Musculoskeletal Inst Itute is headquartered in Manchester, New Hampshire and files with the IRS under EIN 20471046. It is classified under NTEE code H99.
How many years of IRS 990 filings does New Hampshire Musculoskeletal Inst Itute have?
New Hampshire Musculoskeletal Inst Itute 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 $1.1M in total revenue.
Is the New Hampshire Musculoskeletal Institute a good charity?
Based on the provided data, the New Hampshire Musculoskeletal Institute appears to be a very good charity. It consistently reports 0% officer compensation, indicating that all revenue is directed towards its mission and operational costs, not executive salaries. Its financial health is stable, with assets consistently exceeding liabilities.
How does the organization manage its finances without officer compensation?
The data indicates that the organization operates without paying its officers, which is highly unusual for an organization of its size. This suggests that leadership roles may be filled by volunteers or individuals compensated through other means not reflected in the 'Officer Comp' field, or that the organization has a unique operational model.
What is the trend in the organization's financial health?
The organization shows a generally stable to growing financial trend. Assets have increased from $892,951 in 2015 to $1,076,811 in 2023, and it has consistently maintained a positive net asset position with liabilities being a small fraction of total assets.
Filing History
IRS 990 filing history for New Hampshire Musculoskeletal Inst Itute showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), New Hampshire Musculoskeletal Inst Itute's revenue has grown by 243.4%, moving from $288K to $990K. Total assets increased by 40.1% over the same period, from $769K to $1.1M. Total functional expenses rose by 375.5%, from $199K to $945K. In its most recent filing year (2023), New Hampshire Musculoskeletal Inst Itute reported a surplus of $46K, with revenue exceeding expenses. The organization holds $77K in liabilities against $1.1M in assets (debt-to-asset ratio: 7.2%), resulting in net assets of $1000K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $990K | $945K | $1.1M | $77K | — | View 990 |
| 2022 | $955K | $961K | $1.0M | $103K | — | View 990 |
| 2021 | $913K | $820K | $1.1M | $113K | — | View 990 |
| 2020 | $1.1M | $906K | $1.1M | $72K | — | — |
| 2019 | $875K | $939K | $952K | $183K | — | View 990 |
| 2018 | $817K | $844K | $888K | $168K | — | View 990 |
| 2017 | $805K | $785K | $997K | $159K | — | View 990 |
| 2016 | $717K | $725K | $929K | $152K | — | View 990 |
| 2015 | $714K | $746K | $893K | $140K | — | View 990 |
| 2014 | $649K | $639K | $908K | $95K | — | View 990 |
| 2013 | $479K | $491K | $875K | $71K | — | View 990 |
| 2012 | $438K | $400K | $807K | $0 | — | View 990 |
| 2011 | $288K | $199K | $769K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $990K, expenses of $945K, and assets of $1.1M (revenue +3.7% year-over-year).
- 2022: Revenue of $955K, expenses of $961K, and assets of $1.0M (revenue +4.6% year-over-year).
- 2021: Revenue of $913K, expenses of $820K, and assets of $1.1M (revenue -15.7% year-over-year).
- 2020: Revenue of $1.1M, expenses of $906K, and assets of $1.1M (revenue +23.9% year-over-year).
- 2019: Revenue of $875K, expenses of $939K, and assets of $952K (revenue +7.2% year-over-year).
- 2018: Revenue of $817K, expenses of $844K, and assets of $888K (revenue +1.4% year-over-year).
- 2017: Revenue of $805K, expenses of $785K, and assets of $997K (revenue +12.3% year-over-year).
- 2016: Revenue of $717K, expenses of $725K, and assets of $929K (revenue +0.4% year-over-year).
- 2015: Revenue of $714K, expenses of $746K, and assets of $893K (revenue +10.1% year-over-year).
- 2014: Revenue of $649K, expenses of $639K, and assets of $908K (revenue +35.4% year-over-year).
- 2013: Revenue of $479K, expenses of $491K, and assets of $875K (revenue +9.4% year-over-year).
- 2012: Revenue of $438K, expenses of $400K, and assets of $807K (revenue +51.9% year-over-year).
- 2011: Revenue of $288K, expenses of $199K, and assets of $769K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for New Hampshire Musculoskeletal Inst Itute:
Data Sources and Methodology
This transparency report for New Hampshire Musculoskeletal Inst Itute 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.