New Hampshire Society Of Profession Engineers Educational Fund Inc
New Hampshire Society Of Professional Engineers Educational Fund Inc maintains stable finances with growing assets and no liabilities.
EIN: 20529781 · Concord, NH · NTEE: T30 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $6K |
| Total Expenses | $4K |
| Program Spending | 90% |
| Net Assets | $18K |
| Transparency Score | 90/100 |
Is New Hampshire Society Of Profession Engineers Educational Fund 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 Society Of Profession Engineers Educational Fund Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About New Hampshire Society Of Profession Engineers Educational Fund Inc
New Hampshire Society Of Profession Engineers Educational Fund Inc (EIN: 20529781) is a nonprofit organization based in Concord, NH, classified under NTEE code T30. The organization reported total revenue of $6K and total assets of $18K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of New Hampshire Society Of Profession Engineers Educational Fund Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
New Hampshire Society Of Profession Engineers Educational Fund Inc is a micro nonprofit that has been operating for 24 years, with 6 years of IRS 990 filings on record (2018–2023). Revenue has grown at a compound annual rate of 11.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $6K |
| Total Expenses | $4K |
| Surplus / Deficit | +$2K |
| Total Assets | $18K |
| Net Assets | $18K |
| Operating Margin | 28.5% |
| Months of Reserves | 50.4 months |
Financial Health Grade: A
In 2023, New Hampshire Society Of Profession Engineers Educational Fund Inc reported a surplus of $2K with revenue exceeding expenses, holds 50.4 months of operating reserves (strong position).
Financial Trends
Over 6 years of filings (2018–2023), New Hampshire Society Of Profession Engineers Educational Fund Inc's revenue has grown at a compound annual growth rate (CAGR) of 11.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +33.5% | +56.0% | +10.5% |
| 2022 | -56.4% | +24.9% | +12.0% |
| 2021 | +57.7% | -73.6% | +125.7% |
| 2020 | -0.3% | +15.7% | -21.8% |
| 2019 | +84.8% | +3.5% | -7.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2002 |
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 Society Of Profession Engineers Educational Fund Inc with a Mission Score of 90 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 Society Of Profession Engineers Educational Fund 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $2K, with revenue exceeding expenses.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no executive salaries are paid, which is typical for very small, volunteer-run organizations.
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 Society Of Profession Engineers Educational Fund Inc:
- Consistent asset growth from $8,927 in 2018 to $18,060 in 2023.
- Zero reported liabilities across all filing periods, indicating strong financial stability.
- 0% officer compensation, suggesting efficient use of funds directly for mission.
- Positive net income in recent years (e.g., $6,015 revenue vs. $4,303 expenses in 2023).
Frequently Asked Questions about New Hampshire Society Of Profession Engineers Educational Fund Inc
Is New Hampshire Society Of Profession Engineers Educational Fund Inc a legitimate charity?
New Hampshire Society Of Profession Engineers Educational Fund Inc (EIN: 20529781) is a registered tax-exempt nonprofit based in New Hampshire. Our AI analysis gives it a Mission Score of 90/100. It has 6 years of IRS 990 filings on record. Total revenue: $6K. No red flags identified. 4 strengths noted. Financial health grade: A.
How does New Hampshire Society Of Profession Engineers Educational Fund Inc spend its money?
New Hampshire Society Of Profession Engineers Educational Fund Inc directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to New Hampshire Society Of Profession Engineers Educational Fund Inc tax-deductible?
New Hampshire Society Of Profession Engineers Educational Fund Inc is registered as a tax-exempt nonprofit (EIN: 20529781). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does New Hampshire Society Of Profession Engineers Educational Fund Inc compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), New Hampshire Society Of Profession Engineers Educational Fund Inc is above average for NTEE category T30 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is New Hampshire Society Of Profession Engineers Educational Fund Inc located?
New Hampshire Society Of Profession Engineers Educational Fund Inc is headquartered in Concord, New Hampshire and files with the IRS under EIN 20529781. It is classified under NTEE code T30.
How many years of IRS 990 filings does New Hampshire Society Of Profession Engineers Educational Fund Inc have?
New Hampshire Society Of Profession Engineers Educational Fund Inc has 6 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 $6K in total revenue.
Is the New Hampshire Society Of Profession Engineers Educational Fund Inc a good charity?
Based on the available financial data, the organization appears to be a well-managed and financially sound charity. It consistently reports zero liabilities, has growing assets, and dedicates 0% of its expenses to officer compensation, suggesting a strong focus on its mission.
How has the organization's financial health changed over time?
The organization's financial health has improved significantly. Assets have more than doubled from $8,927 in 2018 to $18,060 in 2023, and it has consistently maintained zero liabilities. Revenue and expenses have shown some fluctuation, but recent periods indicate positive net income.
What is the organization's approach to executive compensation?
The organization reports 0% officer compensation in all available filings, indicating that no salaries are paid to its officers. This suggests a volunteer-driven leadership structure, which is common for smaller educational funds.
Filing History
IRS 990 filing history for New Hampshire Society Of Profession Engineers Educational Fund Inc showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2018–2023), New Hampshire Society Of Profession Engineers Educational Fund Inc's revenue has grown by 69.1%, moving from $4K to $6K. Total assets increased by 102.3% over the same period, from $9K to $18K. Total functional expenses fell by 38.4%, from $7K to $4K. In its most recent filing year (2023), New Hampshire Society Of Profession Engineers Educational Fund Inc reported a surplus of $2K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $6K | $4K | $18K | $0 | — | View 990 |
| 2022 | $5K | $3K | $16K | $0 | — | View 990 |
| 2021 | $10K | $2K | $15K | $0 | — | — |
| 2020 | $7K | $8K | $6K | $0 | — | View 990 |
| 2019 | $7K | $7K | $8K | $0 | — | View 990 |
| 2018 | $4K | $7K | $9K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $6K, expenses of $4K, and assets of $18K (revenue +33.5% year-over-year).
- 2022: Revenue of $5K, expenses of $3K, and assets of $16K (revenue -56.4% year-over-year).
- 2021: Revenue of $10K, expenses of $2K, and assets of $15K (revenue +57.7% year-over-year).
- 2020: Revenue of $7K, expenses of $8K, and assets of $6K (revenue -0.3% year-over-year).
- 2019: Revenue of $7K, expenses of $7K, and assets of $8K (revenue +84.8% year-over-year).
- 2018: Revenue of $4K, expenses of $7K, and assets of $9K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for New Hampshire Society Of Profession Engineers Educational Fund Inc:
Data Sources and Methodology
This transparency report for New Hampshire Society Of Profession Engineers Educational Fund 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.