New Hampshire Tech Foundation
EIN: 833107362 · Manchester, NH · NTEE: J21
| Metric | Value |
|---|---|
| Total Revenue | $63K |
| Total Expenses | $48K |
| Net Assets | $796K |
Is New Hampshire Tech Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About New Hampshire Tech Foundation
New Hampshire Tech Foundation (EIN: 833107362) is a nonprofit organization based in Manchester, NH, classified under NTEE code J21. The organization reported total revenue of $63K and total assets of $852K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of New Hampshire Tech Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
New Hampshire Tech Foundation is a micro nonprofit that has been operating for 6 years, with 5 years of IRS 990 filings on record (2019–2023). Revenue has grown at a compound annual rate of 231.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $40K |
| Total Expenses | $48K |
| Surplus / Deficit | $-8,096 |
| Total Assets | $850K |
| Total Liabilities | $55K |
| Net Assets | $796K |
| Operating Margin | -20.4% |
| Debt-to-Asset Ratio | 6.4% |
| Months of Reserves | 213.9 months |
Financial Health Grade: B
In 2023, New Hampshire Tech Foundation reported a deficit of $8K with expenses exceeding revenue, holds 213.9 months of operating reserves (strong position), has a debt-to-asset ratio of 6.4% (very low leverage).
Financial Trends
Over 5 years of filings (2019–2023), New Hampshire Tech Foundation's revenue has grown at a compound annual growth rate (CAGR) of 231.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +133.8% | +108.8% | +4.8% |
| 2022 | -97.9% | +817.8% | -0.5% |
| 2021 | +8485.3% | +33.7% | +10311.4% |
| 2020 | +2756.7% | +5220.0% | +313.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2020 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for New Hampshire Tech Foundation has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates New Hampshire Tech Foundation with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $8K, with expenses exceeding revenue.
- Debt-to-asset ratio: 6.4%.
Frequently Asked Questions about New Hampshire Tech Foundation
Is New Hampshire Tech Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, New Hampshire Tech Foundation (EIN: 833107362) insufficient data. 0 red flags identified, 0 strengths noted.
How does New Hampshire Tech Foundation spend its money?
Detailed spending breakdown data is not yet available for New Hampshire Tech Foundation. Check back for updated IRS 990 analysis.
Are donations to New Hampshire Tech Foundation tax-deductible?
New Hampshire Tech Foundation is registered as a tax-exempt nonprofit (EIN: 833107362). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is New Hampshire Tech Foundation located?
New Hampshire Tech Foundation is headquartered in Manchester, New Hampshire and files with the IRS under EIN 833107362. It is classified under NTEE code J21.
How many years of IRS 990 filings does New Hampshire Tech Foundation have?
New Hampshire Tech Foundation has 5 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 $63K in total revenue.
Filing History
IRS 990 filing history for New Hampshire Tech Foundation showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2019–2023), New Hampshire Tech Foundation's revenue has grown by 11976.8%, moving from $328 to $40K. Total assets increased by 44826.7% over the same period, from $2K to $850K. Total functional expenses rose by 136208.6%, from $35 to $48K. In its most recent filing year (2023), New Hampshire Tech Foundation reported a deficit of $8K, with expenses exceeding revenue. The organization holds $55K in liabilities against $850K in assets (debt-to-asset ratio: 6.4%), resulting in net assets of $796K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $40K | $48K | $850K | $55K | — | — |
| 2022 | $17K | $23K | $811K | $7K | — | View 990 |
| 2021 | $804K | $2K | $815K | $5K | — | — |
| 2020 | $9K | $2K | $8K | $27 | — | View 990 |
| 2019 | $328 | $35 | $2K | $2K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $40K, expenses of $48K, and assets of $850K (revenue +133.8% year-over-year).
- 2022: Revenue of $17K, expenses of $23K, and assets of $811K (revenue -97.9% year-over-year).
- 2021: Revenue of $804K, expenses of $2K, and assets of $815K (revenue +8485.3% year-over-year).
- 2020: Revenue of $9K, expenses of $2K, and assets of $8K (revenue +2756.7% year-over-year).
- 2019: Revenue of $328, expenses of $35, and assets of $2K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for New Hampshire Tech Foundation:
Data Sources and Methodology
This transparency report for New Hampshire Tech 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.