New Hampshire Water Works Association Inc
New Hampshire Water Works Association: Consistent Revenue, Modest Growth
EIN: 222682433 · Concord, NH · NTEE: W038 · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $291K |
| Total Expenses | $262K |
| Program Spending | 70% |
| CEO/Top Officer Pay | $0 |
| Net Assets | $75K |
| Transparency Score | 75/100 |
Is New Hampshire Water Works Association Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
New Hampshire Water Works Association Inc directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About New Hampshire Water Works Association Inc
New Hampshire Water Works Association Inc (EIN: 222682433) is a nonprofit organization based in Concord, NH, classified under NTEE code W038. The organization reported total revenue of $291K and total assets of $125K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of New Hampshire Water Works Association Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
New Hampshire Water Works Association Inc is a small nonprofit that has been operating for 40 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 1.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $265K |
| Total Expenses | $262K |
| Surplus / Deficit | +$2K |
| Total Assets | $79K |
| Total Liabilities | $4K |
| Net Assets | $75K |
| Operating Margin | 0.9% |
| Debt-to-Asset Ratio | 4.7% |
| Months of Reserves | 3.6 months |
Financial Health Grade: A
In 2023, New Hampshire Water Works Association Inc reported a surplus of $2K with revenue exceeding expenses, holds 3.6 months of operating reserves (adequate), has a debt-to-asset ratio of 4.7% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), New Hampshire Water Works Association Inc's revenue has grown at a compound annual growth rate (CAGR) of 1.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +2.9% | +8.5% | +3.6% |
| 2022 | +21.6% | +4.7% | +23.3% |
| 2021 | +519.8% | +471.7% | -23.3% |
| 2020 | -76.4% | -73.9% | -7.3% |
| 2020 | -26.2% | -18.5% | -11.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 1986 |
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 Water Works Association Inc with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, New Hampshire Water Works Association Inc allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $2K, with revenue exceeding expenses.
- Debt-to-asset ratio: 4.7%.
Executive Compensation Analysis
The organization consistently reports $0 in compensation for officers, directors, trustees, and key employees across all available filings, which is unusual for an organization with its revenue and asset levels and may indicate compensation is reported under other expense categories or is entirely v
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 Water Works Association Inc's IRS 990 filings:
- Consistent reporting of $0 compensation for all officers, directors, trustees, and key employees across multiple years (e.g., 2023, 2022, 2021) raises questions about how leadership is compensated or if services are entirely pro bono.
- The significant drop in revenue from $211,572 in 2021 to $34,138 in 2020 (and then $144,958 in 2020-10) suggests potential inconsistencies or changes in reporting periods or revenue streams that are not clearly explained.
- Lack of detailed narrative on program service accomplishments in public filings makes it difficult to assess the direct impact of their programs.
Strengths
The following positive indicators were identified for New Hampshire Water Works Association Inc:
- Consistent positive net assets over the years, indicating financial stability (e.g., $78,626 in 2023, $75,866 in 2022).
- Revenue has shown a generally upward trend in recent years, reaching $264,797 in 2023.
- Expenses are generally in line with or slightly below revenue, demonstrating responsible financial management.
- The organization maintains a healthy level of liquidity with current assets consistently exceeding liabilities.
Frequently Asked Questions about New Hampshire Water Works Association Inc
Is New Hampshire Water Works Association Inc a legitimate charity?
New Hampshire Water Works Association Inc (EIN: 222682433) is a registered tax-exempt nonprofit based in New Hampshire. Our AI analysis gives it a Mission Score of 75/100. It has 13 years of IRS 990 filings on record. Total revenue: $291K. 3 red flags identified. 4 strengths noted. Financial health grade: A.
How does New Hampshire Water Works Association Inc spend its money?
New Hampshire Water Works Association Inc directs 70% of its spending to programs and services. Fundraising costs 10%. This meets the 65% industry benchmark.
Are donations to New Hampshire Water Works Association Inc tax-deductible?
New Hampshire Water Works Association Inc is registered as a tax-exempt nonprofit (EIN: 222682433). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the New Hampshire Water Works Association Inc CEO make?
New Hampshire Water Works Association Inc's highest-compensated officer earns $0 annually. The organization reported $291K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of New Hampshire Water Works Association Inc's spending goes to programs?
New Hampshire Water Works Association Inc directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
How does New Hampshire Water Works Association Inc compare to similar nonprofits?
With a transparency score of 75/100 (Good), New Hampshire Water Works Association Inc is above average for NTEE category W038 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is New Hampshire Water Works Association Inc located?
New Hampshire Water Works Association Inc is headquartered in Concord, New Hampshire and files with the IRS under EIN 222682433. It is classified under NTEE code W038.
How many years of IRS 990 filings does New Hampshire Water Works Association Inc have?
New Hampshire Water Works Association Inc 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 $291K in total revenue.
What does New Hampshire Water Works Association Inc do?
New Hampshire Water Works Association Inc is a nonprofit organization in the Public & Society Benefit sector, located in Concord, New Hampshire. It is classified under NTEE code W038.
How much revenue does New Hampshire Water Works Association Inc have?
New Hampshire Water Works Association Inc reported total revenue of $290,906. Based on 13 IRS 990 filings on record.
What are New Hampshire Water Works Association Inc's total assets?
New Hampshire Water Works Association Inc holds total assets of $124,657 as reported in IRS 990 filings.
Where is New Hampshire Water Works Association Inc located?
New Hampshire Water Works Association Inc is based in Concord, New Hampshire.
What is New Hampshire Water Works Association Inc's EIN?
New Hampshire Water Works Association Inc's Employer Identification Number (EIN) is 222682433. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is New Hampshire Water Works Association Inc?
New Hampshire Water Works Association Inc is classified under NTEE code W038 (Public & Society Benefit).
Is New Hampshire Water Works Association Inc a registered 501(c)(3)?
Yes, New Hampshire Water Works Association Inc is recognized as a tax-exempt organization by the IRS. EIN: 222682433.
Does New Hampshire Water Works Association Inc file IRS Form 990?
Yes, New Hampshire Water Works Association Inc has 13 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was New Hampshire Water Works Association Inc's revenue in 2023?
In the 202312 filing period, New Hampshire Water Works Association Inc reported total revenue of $264,797, total expenses of $262,488, and net assets of $78,626.
Is New Hampshire Water Works Association Inc's revenue growing or declining?
New Hampshire Water Works Association Inc's revenue is relatively stable. Revenue went from $257,233 (202212) to $264,797 (202312), a +2.9% change. Based on 13 filings on record.
What is New Hampshire Water Works Association Inc's most recent 990 filing?
The most recent IRS Form 990 filing for New Hampshire Water Works Association Inc covers tax period 202312. It shows revenue of $264,797, expenses of $262,488, total assets of $78,626, and liabilities of $3,689.
How much does New Hampshire Water Works Association Inc spend on programs vs administration?
Based on IRS 990 analysis, New Hampshire Water Works Association Inc allocates approximately 70% of expenses to program services, 20% to administrative costs, and 10% to fundraising. Program spending is moderate relative to overhead.
Is New Hampshire Water Works Association Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, New Hampshire Water Works Association Inc appears trustworthy. Mission Score: 75/100 (Good). 3 red flags identified. 4 strengths noted.
What are the red flags for New Hampshire Water Works Association Inc?
The following concerns were identified: Consistent reporting of $0 compensation for all officers, directors, trustees, and key employees across multiple years (e.g., 2023, 2022, 2021) raises questions about how leadership is compensated or if services are entirely pro bono.. The significant drop in revenue from $211,572 in 2021 to $34,138 in 2020 (and then $144,958 in 2020-10) suggests potential inconsistencies or changes in reporting periods or revenue streams that are not clearly explained.. Lack of detailed narrative on program service accomplishments in public filings makes it difficult to assess the direct impact of their programs.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are New Hampshire Water Works Association Inc's strengths?
Positive indicators for New Hampshire Water Works Association Inc include: Consistent positive net assets over the years, indicating financial stability (e.g., $78,626 in 2023, $75,866 in 2022).. Revenue has shown a generally upward trend in recent years, reaching $264,797 in 2023.. Expenses are generally in line with or slightly below revenue, demonstrating responsible financial management.. The organization maintains a healthy level of liquidity with current assets consistently exceeding liabilities.. These findings are derived from AI analysis of the organization's financial filings.
How does New Hampshire Water Works Association Inc compensate executives?
The organization consistently reports $0 in compensation for officers, directors, trustees, and key employees across all available filings, which is unusual for an organization with its revenue and asset levels and may indicate compensation is reported under other expense categories or is entirely v Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the consistent reporting of $0 compensation for key personnel, how does the organization attract and retain leadership, and are there any indirect benefits or non-cash compensations provided that are not explicitly disclosed?
The filings do not provide details on how leadership is compensated if not directly through salaries. It's possible that leadership is entirely volunteer-based, or compensation is embedded within other operational expenses, or provided through non-cash benefits not itemized as compensation.
What caused the significant fluctuation in reported revenue between 2020 and 2021, specifically the drop to $34,138 in 2020 followed by a rebound to $211,572 in 2021, and how does the organization manage such volatility?
The data shows two filings for 2020 (202012 and 202010), suggesting a potential change in fiscal year or reporting method. The lower revenue in 202012 might represent a partial year or a specific event, while the 2021 figure reflects a return to previous levels. The organization's ability to rebound suggests resilience, but the cause of the dip is not detailed.
Filing History
IRS 990 filing history for New Hampshire Water Works Association Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), New Hampshire Water Works Association Inc's revenue has grown by 21.2%, moving from $219K to $265K. Total assets decreased by 25% over the same period, from $105K to $79K. Total functional expenses rose by 46.1%, from $180K to $262K. In its most recent filing year (2023), New Hampshire Water Works Association Inc reported a surplus of $2K, with revenue exceeding expenses. The organization holds $4K in liabilities against $79K in assets (debt-to-asset ratio: 4.7%), resulting in net assets of $75K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $265K | $262K | $79K | $4K | — | View 990 |
| 2022 | $257K | $242K | $76K | $3K | — | View 990 |
| 2021 | $212K | $231K | $62K | $4K | — | View 990 |
| 2020 | $34K | $40K | $80K | $4K | — | View 990 |
| 2020 | $145K | $155K | $87K | $2K | — | View 990 |
| 2018 | $196K | $190K | $97K | $0 | — | View 990 |
| 2017 | $193K | $160K | $91K | $0 | — | View 990 |
| 2016 | $177K | $169K | $59K | $0 | — | View 990 |
| 2015 | $191K | $184K | $52K | $0 | — | View 990 |
| 2014 | $176K | $192K | $45K | $0 | — | View 990 |
| 2013 | $128K | $176K | $62K | $0 | — | View 990 |
| 2012 | $174K | $169K | $110K | $0 | — | View 990 |
| 2011 | $219K | $180K | $105K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $265K, expenses of $262K, and assets of $79K (revenue +2.9% year-over-year).
- 2022: Revenue of $257K, expenses of $242K, and assets of $76K (revenue +21.6% year-over-year).
- 2021: Revenue of $212K, expenses of $231K, and assets of $62K (revenue +519.8% year-over-year).
- 2020: Revenue of $34K, expenses of $40K, and assets of $80K (revenue -76.4% year-over-year).
- 2020: Revenue of $145K, expenses of $155K, and assets of $87K (revenue -26.2% year-over-year).
- 2018: Revenue of $196K, expenses of $190K, and assets of $97K (revenue +2.0% year-over-year).
- 2017: Revenue of $193K, expenses of $160K, and assets of $91K (revenue +8.9% year-over-year).
- 2016: Revenue of $177K, expenses of $169K, and assets of $59K (revenue -7.4% year-over-year).
- 2015: Revenue of $191K, expenses of $184K, and assets of $52K (revenue +8.6% year-over-year).
- 2014: Revenue of $176K, expenses of $192K, and assets of $45K (revenue +37.7% year-over-year).
- 2013: Revenue of $128K, expenses of $176K, and assets of $62K (revenue -26.8% year-over-year).
- 2012: Revenue of $174K, expenses of $169K, and assets of $110K (revenue -20.2% year-over-year).
- 2011: Revenue of $219K, expenses of $180K, and assets of $105K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for New Hampshire Water Works Association Inc:
Data Sources and Methodology
This transparency report for New Hampshire Water Works Association 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.