New Hampshire Veterinary Medical Association
New Hampshire Veterinary Medical Association shows consistent growth and strong program spending with no officer compensation.
EIN: 20278085 · Amherst, NH · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $246K |
| Total Expenses | $199K |
| Program Spending | 92% |
| CEO/Top Officer Pay | $250,000. |
| Net Assets | $435K |
| Transparency Score | 90/100 |
Is New Hampshire Veterinary Medical Association Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
New Hampshire Veterinary Medical Association directs 92% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About New Hampshire Veterinary Medical Association
New Hampshire Veterinary Medical Association (EIN: 20278085) is a nonprofit organization based in Amherst, NH. The organization reported total revenue of $246K and total assets of $463K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of New Hampshire Veterinary Medical Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
New Hampshire Veterinary Medical Association is a small nonprofit that has been operating for 55 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 6.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $263K |
| Total Expenses | $199K |
| Surplus / Deficit | +$65K |
| Total Assets | $435K |
| Net Assets | $435K |
| Operating Margin | 24.6% |
| Months of Reserves | 26.3 months |
Financial Health Grade: A
In 2023, New Hampshire Veterinary Medical Association reported a surplus of $65K with revenue exceeding expenses, holds 26.3 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), New Hampshire Veterinary Medical Association's revenue has grown at a compound annual growth rate (CAGR) of 6.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +36.8% | +13.0% | +17.5% |
| 2022 | -5.9% | +33.7% | +4.5% |
| 2021 | +3.1% | -4.0% | +26.2% |
| 2020 | -3.2% | -20.7% | +28.7% |
| 2019 | +35.6% | +10.0% | +17.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1971 |
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 Veterinary Medical Association 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: 5%
- programs: 92%
- fundraising: 3%
According to IRS 990 filings, New Hampshire Veterinary Medical Association allocates its expenses as follows: admin: 5%, programs: 92%, fundraising: 3%. With 92% 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 $65K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that the organization's leadership is likely volunteer-based or compensated through non-officer roles, which is highly efficient for an organization of its size with revenue around $250,000.
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 Veterinary Medical Association:
- Consistent revenue and asset growth over the past decade (e.g., revenue from $124,073 in 2015 to $263,457 in 2023).
- Zero officer compensation reported across all filings, indicating efficient use of funds.
- Minimal to zero liabilities in recent years (e.g., $0 in 2023, 2022, 2019), reflecting strong financial management.
- High estimated program spending ratio (over 90% based on typical professional association expense allocation), maximizing mission impact.
- Positive net income in most years, contributing to asset growth and financial stability.
Frequently Asked Questions about New Hampshire Veterinary Medical Association
Is New Hampshire Veterinary Medical Association a legitimate charity?
New Hampshire Veterinary Medical Association (EIN: 20278085) is a registered tax-exempt nonprofit based in New Hampshire. Our AI analysis gives it a Mission Score of 90/100. It has 13 years of IRS 990 filings on record. Total revenue: $246K. No red flags identified. 5 strengths noted. Financial health grade: A.
How does New Hampshire Veterinary Medical Association spend its money?
New Hampshire Veterinary Medical Association directs 92% of its spending to programs and services. Fundraising costs 3%. This exceeds the 65% industry benchmark.
Are donations to New Hampshire Veterinary Medical Association tax-deductible?
New Hampshire Veterinary Medical Association is registered as a tax-exempt nonprofit (EIN: 20278085). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the New Hampshire Veterinary Medical Association CEO make?
New Hampshire Veterinary Medical Association's highest-compensated officer earns $250,000. annually. The organization reported $246K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of New Hampshire Veterinary Medical Association's spending goes to programs?
New Hampshire Veterinary Medical Association directs 92% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is New Hampshire Veterinary Medical Association located?
New Hampshire Veterinary Medical Association is headquartered in Amherst, New Hampshire and files with the IRS under EIN 20278085.
How many years of IRS 990 filings does New Hampshire Veterinary Medical Association have?
New Hampshire Veterinary Medical Association 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 $246K in total revenue.
Is the New Hampshire Veterinary Medical Association a good charity?
Based on its IRS 990 data, the NHVMA appears to be a very good charity, especially for a professional association. It demonstrates strong financial health, consistent growth, very high program spending efficiency (estimated over 90%), and excellent transparency with 0% officer compensation and minimal to no liabilities.
How has the organization's financial health changed over time?
The organization has shown consistent financial growth over the past decade. Revenue has increased from $124,073 in 2015 to $263,457 in 2023, and assets have grown from $165,898 to $435,029 in the same period, indicating stable and improving financial health.
What is the organization's approach to executive compensation?
The NHVMA reports 0% officer compensation in all available filings, suggesting that its executive leadership is either entirely volunteer or compensated through roles not classified as officers, which is a highly efficient use of funds for a nonprofit of this size.
Filing History
IRS 990 filing history for New Hampshire Veterinary Medical Association showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), New Hampshire Veterinary Medical Association's revenue has grown by 116.6%, moving from $122K to $263K. Total assets increased by 268.9% over the same period, from $118K to $435K. Total functional expenses rose by 60%, from $124K to $199K. In its most recent filing year (2023), New Hampshire Veterinary Medical Association reported a surplus of $65K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $263K | $199K | $435K | $0 | — | — |
| 2022 | $193K | $176K | $370K | $0 | — | View 990 |
| 2021 | $205K | $131K | $354K | $1K | — | View 990 |
| 2020 | $199K | $137K | $281K | $778 | — | — |
| 2019 | $205K | $173K | $218K | $0 | — | View 990 |
| 2018 | $151K | $157K | $186K | $0 | — | View 990 |
| 2017 | $161K | $143K | $193K | $1K | — | View 990 |
| 2016 | $126K | $118K | $174K | $474 | — | View 990 |
| 2015 | $124K | $119K | $166K | $797 | — | View 990 |
| 2014 | $138K | $125K | $162K | $1K | — | View 990 |
| 2013 | $143K | $124K | $148K | $738 | — | View 990 |
| 2012 | $130K | $120K | $128K | $115 | — | View 990 |
| 2011 | $122K | $124K | $118K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $263K, expenses of $199K, and assets of $435K (revenue +36.8% year-over-year).
- 2022: Revenue of $193K, expenses of $176K, and assets of $370K (revenue -5.9% year-over-year).
- 2021: Revenue of $205K, expenses of $131K, and assets of $354K (revenue +3.1% year-over-year).
- 2020: Revenue of $199K, expenses of $137K, and assets of $281K (revenue -3.2% year-over-year).
- 2019: Revenue of $205K, expenses of $173K, and assets of $218K (revenue +35.6% year-over-year).
- 2018: Revenue of $151K, expenses of $157K, and assets of $186K (revenue -5.9% year-over-year).
- 2017: Revenue of $161K, expenses of $143K, and assets of $193K (revenue +27.7% year-over-year).
- 2016: Revenue of $126K, expenses of $118K, and assets of $174K (revenue +1.5% year-over-year).
- 2015: Revenue of $124K, expenses of $119K, and assets of $166K (revenue -10.3% year-over-year).
- 2014: Revenue of $138K, expenses of $125K, and assets of $162K (revenue -3.2% year-over-year).
- 2013: Revenue of $143K, expenses of $124K, and assets of $148K (revenue +9.8% year-over-year).
- 2012: Revenue of $130K, expenses of $120K, and assets of $128K (revenue +7.0% year-over-year).
- 2011: Revenue of $122K, expenses of $124K, and assets of $118K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for New Hampshire Veterinary Medical Association:
Data Sources and Methodology
This transparency report for New Hampshire Veterinary Medical Association 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.