New Hampshire Quarter Horse Assoc Inc
New Hampshire Quarter Horse Assoc Inc consistently operates with modest revenues and expenses, maintaining zero liabilities and no officer compensation.
EIN: 20433037 · Concord, NH · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $55K |
| Total Expenses | $57K |
| Program Spending | 90% |
| Net Assets | $13K |
| Transparency Score | 85/100 |
Is New Hampshire Quarter Horse Assoc Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
New Hampshire Quarter Horse Assoc Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About New Hampshire Quarter Horse Assoc Inc
New Hampshire Quarter Horse Assoc Inc (EIN: 20433037) is a nonprofit organization based in Concord, NH. The organization reported total revenue of $55K and total assets of $13K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of New Hampshire Quarter Horse Assoc Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
New Hampshire Quarter Horse Assoc Inc is a micro nonprofit that has been operating for 32 years, with 7 years of IRS 990 filings on record (2011–2019). Revenue has grown at a compound annual rate of -2.0%.
Key Financial Metrics (2019)
From the most recent IRS 990 filing on record:
| Total Revenue | $55K |
| Total Expenses | $57K |
| Surplus / Deficit | $-2,598 |
| Total Assets | $13K |
| Net Assets | $13K |
| Operating Margin | -4.8% |
| Months of Reserves | 2.8 months |
Financial Health Grade: C
In 2019, New Hampshire Quarter Horse Assoc Inc reported a deficit of $3K with expenses exceeding revenue, holds 2.8 months of operating reserves (limited).
Financial Trends
Over 7 years of filings (2011–2019), New Hampshire Quarter Horse Assoc Inc's revenue has declined at a compound annual growth rate (CAGR) of -2.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2019 | +4.4% | +20.6% | -16.8% |
| 2016 | +19.0% | +20.6% | +44.2% |
| 2015 | +193.6% | +75.8% | +72.2% |
| 2014 | -48.4% | -46.4% | -53.5% |
| 2013 | -43.3% | -16.3% | -47.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| 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 Quarter Horse Assoc Inc 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: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, New Hampshire Quarter Horse Assoc Inc 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 (2019)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $3K, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that officers are either unpaid volunteers or receive no reportable compensation, which is highly favorable for directing funds to the organization's 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 Quarter Horse Assoc Inc:
- Zero liabilities reported across all filings, indicating strong financial stability.
- 0% officer compensation, suggesting high efficiency and volunteer-driven leadership.
- Consistent IRS 990 filing history, demonstrating good transparency.
- Stable asset base relative to operational size, providing financial resilience.
Frequently Asked Questions about New Hampshire Quarter Horse Assoc Inc
Is New Hampshire Quarter Horse Assoc Inc a legitimate charity?
New Hampshire Quarter Horse Assoc Inc (EIN: 20433037) is a registered tax-exempt nonprofit based in New Hampshire. Our AI analysis gives it a Mission Score of 85/100. It has 7 years of IRS 990 filings on record. Total revenue: $55K. No red flags identified. 4 strengths noted. Financial health grade: C.
How does New Hampshire Quarter Horse Assoc Inc spend its money?
New Hampshire Quarter Horse Assoc Inc directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to New Hampshire Quarter Horse Assoc Inc tax-deductible?
New Hampshire Quarter Horse Assoc Inc is registered as a tax-exempt nonprofit (EIN: 20433037). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is New Hampshire Quarter Horse Assoc Inc located?
New Hampshire Quarter Horse Assoc Inc is headquartered in Concord, New Hampshire and files with the IRS under EIN 20433037.
How many years of IRS 990 filings does New Hampshire Quarter Horse Assoc Inc have?
New Hampshire Quarter Horse Assoc Inc has 7 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 $55K in total revenue.
Is New Hampshire Quarter Horse Assoc Inc a good charity?
Based on the available data, the New Hampshire Quarter Horse Assoc Inc appears to be a well-managed organization. It consistently reports zero liabilities and zero officer compensation, suggesting strong financial health and a high dedication of resources to its mission. Its consistent filing history also indicates good transparency.
How does the organization manage its finances given the slight deficit in 2019?
In 2019, the organization had expenses of $57,264 against revenues of $54,666, resulting in a small deficit. However, with $13,274 in assets and zero liabilities, it has sufficient reserves to cover such minor fluctuations without financial strain.
What is the trend in the organization's assets?
The organization's assets have fluctuated over the years, from a high of $26,574 in 2012 to $13,274 in 2019. While there's been a decrease from its peak, the current asset level is stable and sufficient given its operational scale and zero liabilities.
Filing History
IRS 990 filing history for New Hampshire Quarter Horse Assoc Inc showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2011–2019), New Hampshire Quarter Horse Assoc Inc's revenue has declined by 15%, moving from $64K to $55K. Total assets decreased by 47.5% over the same period, from $25K to $13K. Total functional expenses fell by 4.5%, from $60K to $57K. In its most recent filing year (2019), New Hampshire Quarter Horse Assoc Inc reported a deficit of $3K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2019 | $55K | $57K | $13K | $0 | — | View 990 |
| 2016 | $52K | $47K | $16K | $0 | — | View 990 |
| 2015 | $44K | $39K | $11K | $0 | — | View 990 |
| 2014 | $15K | $22K | $6K | $0 | — | View 990 |
| 2013 | $29K | $42K | $14K | $0 | — | View 990 |
| 2012 | $51K | $50K | $27K | $0 | — | View 990 |
| 2011 | $64K | $60K | $25K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2019: Revenue of $55K, expenses of $57K, and assets of $13K (revenue +4.4% year-over-year).
- 2016: Revenue of $52K, expenses of $47K, and assets of $16K (revenue +19.0% year-over-year).
- 2015: Revenue of $44K, expenses of $39K, and assets of $11K (revenue +193.6% year-over-year).
- 2014: Revenue of $15K, expenses of $22K, and assets of $6K (revenue -48.4% year-over-year).
- 2013: Revenue of $29K, expenses of $42K, and assets of $14K (revenue -43.3% year-over-year).
- 2012: Revenue of $51K, expenses of $50K, and assets of $27K (revenue -20.3% year-over-year).
- 2011: Revenue of $64K, expenses of $60K, and assets of $25K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for New Hampshire Quarter Horse Assoc Inc:
Data Sources and Methodology
This transparency report for New Hampshire Quarter Horse Assoc Inc 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.