Newfound Area Nursing Association

Newfound Area Nursing Association maintains stable finances with no reported officer compensation.

EIN: 20258546 · Bristol, NH · NTEE: E920 · Updated: 2026-03-28

$1.1MRevenue

$529KAssets

85/100Mission Score (Excellent)

E920

About Newfound Area Nursing Association

Newfound Area Nursing Association (EIN: 20258546) is a nonprofit organization based in Bristol, NH, classified under NTEE code E920. The organization reported total revenue of $1.1M and total assets of $529K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Newfound Area Nursing Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

The Newfound Area Nursing Association demonstrates consistent financial activity, with revenues and expenses generally in balance over the past decade. For example, in 2019, revenues were $1,367,424 against expenses of $1,350,565, indicating a slight surplus. The organization's assets have fluctuated, peaking around $885,302 in 2013 and settling around $500,000-$530,000 in recent years, suggesting stable but not rapidly growing reserves. Liabilities have remained relatively low and stable, typically under $100,000 in recent periods, which is a positive indicator of financial management.

One notable aspect of the organization's financial health is the consistent reporting of 0% officer compensation across all available filings. This suggests that the organization's leadership may be volunteer-based or compensated through other means not categorized as officer compensation, which can be a strong indicator of program focus and efficiency. However, without a detailed breakdown of functional expenses (program, administrative, fundraising), it's challenging to fully assess spending efficiency. The consistent revenue generation, currently at $1,087,013, indicates a stable operational base.

Overall, the Newfound Area Nursing Association appears to be a financially stable organization with a consistent revenue stream and prudent management of liabilities. The lack of reported officer compensation is a significant positive for transparency and efficiency, though a more granular breakdown of expenses would further enhance the assessment of spending efficiency.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Newfound Area Nursing Association with a Mission Score of 85 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, Newfound Area Nursing Association 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.

Executive Compensation Analysis

The organization consistently reports 0% officer compensation across all nine available filings, indicating that executive leadership may be volunteer-based or compensated through non-officer roles, which is highly favorable for resource allocation to mission-related activities.

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 Newfound Area Nursing Association's IRS 990 filings:

Lack of detailed functional expense breakdown in provided data prevents full assessment of program vs. administrative spending.

Strengths

The following positive indicators were identified for Newfound Area Nursing Association:

Consistent reporting of 0% officer compensation, indicating high efficiency in leadership costs.
Stable revenue generation, consistently over $1 million in recent years (e.g., $1,367,424 in 2019).
Low and stable liabilities, typically under $100,000 in recent periods (e.g., $95,642 in 2019), indicating sound financial management.
Expenses generally align with revenues, preventing significant deficits (e.g., 2019 revenue $1,367,424 vs. expenses $1,350,565).

Frequently Asked Questions about Newfound Area Nursing Association

Is Newfound Area Nursing Association a good charity?

Based on the available IRS 990 data, the Newfound Area Nursing Association appears to be a well-managed charity. It consistently operates with revenues covering expenses, maintains low liabilities, and notably reports 0% officer compensation, suggesting a strong commitment to directing resources towards its mission.

How does the organization manage its leadership compensation?

The organization consistently reports 0% officer compensation in its IRS 990 filings from 2011 to 2019. This indicates that the top leadership may be volunteer-based or compensated in ways not classified as officer compensation, which is a positive sign for efficiency and resource allocation.

What is the trend in the organization's assets?

The organization's assets have fluctuated over the years, from a high of $885,302 in 2013 to $529,465 currently. While there has been a decrease from its peak, assets have remained relatively stable in recent years (e.g., $533,840 in 2019), indicating a consistent level of reserves.

Filing History

IRS 990 filing history for Newfound Area Nursing Association showing financial trends over 9 years of public records:

Over 9 years of IRS 990 filings (2011–2019), Newfound Area Nursing Association's revenue has grown by 74.8%, moving from $782K to $1.4M. Total assets decreased by 30.5% over the same period, from $768K to $534K. Total functional expenses rose by 76%, from $767K to $1.4M. In its most recent filing year (2019), Newfound Area Nursing Association reported a surplus of $17K, with revenue exceeding expenses. The organization holds $96K in liabilities against $534K in assets (debt-to-asset ratio: 17.9%), resulting in net assets of $438K.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2019	$1.4M	$1.4M	$534K	$96K	—	View 990
2018	$1.3M	$1.2M	$514K	$93K	—	View 990
2017	$1.1M	$1.2M	$444K	$93K	—	View 990
2016	$1.1M	$1.2M	$489K	$99K	—	View 990
2015	$1.0M	$1.1M	$625K	$119K	—	View 990
2014	$977K	$1.1M	$739K	$113K	—	View 990
2013	$1.0M	$977K	$885K	$134K	—	View 990
2012	$873K	$849K	$806K	$113K	—	View 990
2011	$782K	$767K	$768K	$99K	—	View 990

Year-by-Year Financial Summary

2019: Revenue of $1.4M, expenses of $1.4M, and assets of $534K (revenue +4.5% year-over-year).
2018: Revenue of $1.3M, expenses of $1.2M, and assets of $514K (revenue +14.6% year-over-year).
2017: Revenue of $1.1M, expenses of $1.2M, and assets of $444K (revenue +3.9% year-over-year).
2016: Revenue of $1.1M, expenses of $1.2M, and assets of $489K (revenue +7.1% year-over-year).
2015: Revenue of $1.0M, expenses of $1.1M, and assets of $625K (revenue +5.0% year-over-year).
2014: Revenue of $977K, expenses of $1.1M, and assets of $739K (revenue -4.8% year-over-year).
2013: Revenue of $1.0M, expenses of $977K, and assets of $885K (revenue +17.6% year-over-year).
2012: Revenue of $873K, expenses of $849K, and assets of $806K (revenue +11.6% year-over-year).
2011: Revenue of $782K, expenses of $767K, and assets of $768K.

Data Sources and Methodology

This transparency report for Newfound Area Nursing 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.