New Hampshire School Principals Foundation
New Hampshire School Principals Foundation: Low Revenue, High Administrative Costs
EIN: 222473068 · Penacook, NH · Updated: 2026-04-04
About New Hampshire School Principals Foundation
New Hampshire School Principals Foundation (EIN: 222473068) is a nonprofit organization based in Penacook, NH. The organization reported total revenue of $7K and total assets of $17K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of New Hampshire School Principals Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates New Hampshire School Principals Foundation with a Mission Score of 45 out of 100 (Fair). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 100%
- programs: 0%
- fundraising: 0%
According to IRS 990 filings, New Hampshire School Principals Foundation allocates its expenses as follows: admin: 100%, programs: 0%, fundraising: 0%.
Executive Compensation Analysis
Executive compensation is reported as $0 across all available filings, which is unusual given the administrative expenses.
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 School Principals Foundation's IRS 990 filings:
- Zero program service expenses reported in recent filings despite administrative costs.
- Lobbying expenses of $2,452 reported while total revenue is low ($7,118 in 2024).
- Significant drop in revenue from $26,472 in 2023 to $7,118 in 2024.
- Administrative expenses ($17,845 in 2024) exceed total revenue ($7,118).
Strengths
The following positive indicators were identified for New Hampshire School Principals Foundation:
- Consistent reporting of $0 compensation for all key personnel.
Frequently Asked Questions about New Hampshire School Principals Foundation
What does New Hampshire School Principals Foundation do?
New Hampshire School Principals Foundation is a nonprofit organization in the Unknown sector, located in Penacook, New Hampshire. It is classified under NTEE code Unknown.
How much revenue does New Hampshire School Principals Foundation have?
New Hampshire School Principals Foundation reported total revenue of $7,118. Based on 3 IRS 990 filings on record.
What are New Hampshire School Principals Foundation's total assets?
New Hampshire School Principals Foundation holds total assets of $16,836 as reported in IRS 990 filings.
Where is New Hampshire School Principals Foundation located?
New Hampshire School Principals Foundation is based in Penacook, New Hampshire.
What is New Hampshire School Principals Foundation's EIN?
New Hampshire School Principals Foundation's Employer Identification Number (EIN) is 222473068. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is New Hampshire School Principals Foundation?
New Hampshire School Principals Foundation is classified under NTEE code Unknown (Unknown).
Is New Hampshire School Principals Foundation a registered 501(c)(3)?
New Hampshire School Principals Foundation appears in IRS records (EIN: 222473068). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does New Hampshire School Principals Foundation file IRS Form 990?
Yes, New Hampshire School Principals Foundation has 3 IRS Form 990 filings on record. The most recent covers tax period 202406.
What was New Hampshire School Principals Foundation's revenue in 2024?
In the 202406 filing period, New Hampshire School Principals Foundation reported total revenue of $6,118, total expenses of $17,845, and net assets of $16,836.
Is New Hampshire School Principals Foundation's revenue growing or declining?
New Hampshire School Principals Foundation's revenue is declining. Revenue went from $26,472 (202306) to $6,118 (202406), a -76.9% change. Based on 3 filings on record.
What is New Hampshire School Principals Foundation's most recent 990 filing?
The most recent IRS Form 990 filing for New Hampshire School Principals Foundation covers tax period 202406. It shows revenue of $6,118, expenses of $17,845, total assets of $16,836, and liabilities of $2,452.
Is New Hampshire School Principals Foundation a trustworthy charity?
Based on AI analysis of IRS 990 data, New Hampshire School Principals Foundation shows mixed signals. Mission Score: 45/100 (Fair). 4 red flags identified. 1 strength noted.
What are the red flags for New Hampshire School Principals Foundation?
The following concerns were identified: Zero program service expenses reported in recent filings despite administrative costs.. Lobbying expenses of $2,452 reported while total revenue is low ($7,118 in 2024).. Significant drop in revenue from $26,472 in 2023 to $7,118 in 2024.. Administrative expenses ($17,845 in 2024) exceed total revenue ($7,118).. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are New Hampshire School Principals Foundation's strengths?
Positive indicators for New Hampshire School Principals Foundation include: Consistent reporting of $0 compensation for all key personnel.. These findings are derived from AI analysis of the organization's financial filings.
How does New Hampshire School Principals Foundation compensate executives?
Executive compensation is reported as $0 across all available filings, which is unusual given the administrative expenses. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the reported $0 program service expenses, what is the actual charitable activity or impact of the New Hampshire School Principals Foundation?
Based on the provided financial data, there is no direct evidence of charitable program spending. The organization's activities appear to be primarily administrative and lobbying-focused, as indicated by the $17,845 in expenses in 2024 with $0 allocated to programs.
How does the organization sustain operations and lobbying efforts with such low and fluctuating revenue, especially when administrative expenses consistently exceed revenue?
The organization's ability to sustain operations with administrative expenses ($17,845 in 2024) significantly higher than revenue ($7,118 in 2024) suggests reliance on accumulated assets ($16,836 in 2024) or other unreported funding sources to cover shortfalls.
Filing History
IRS 990 filing history for New Hampshire School Principals Foundation showing financial trends over 3 years of public records:
Total assets increased by 1052.4% over the same period, from $1K to $17K. In its most recent filing year (2024), New Hampshire School Principals Foundation reported a deficit of $12K, with expenses exceeding revenue. The organization holds $2K in liabilities against $17K in assets (debt-to-asset ratio: 14.6%), resulting in net assets of $14K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2024 | $6K | $18K | $17K | $2K | — | — |
| 2023 | $26K | $150 | $29K | $2K | — | View 990 |
| 2013 | $0 | $0 | $1K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $6K, expenses of $18K, and assets of $17K (revenue -76.9% year-over-year).
- 2023: Revenue of $26K, expenses of $150, and assets of $29K.
- 2013: Revenue of $0, expenses of $0, and assets of $1K.
Data Sources and Methodology
This transparency report for New Hampshire School Principals Foundation 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.