Newport Senior Center
Newport Senior Center consistently grows assets and operates efficiently with no reported officer compensation.
EIN: 20329395 · Newport, NH · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.3M |
| Total Expenses | $1.0M |
| Program Spending | 85% |
| Net Assets | $2.8M |
| Transparency Score | 90/100 |
Is Newport Senior Center Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Newport Senior Center directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Newport Senior Center
Newport Senior Center (EIN: 20329395) is a nonprofit organization based in Newport, NH. The organization reported total revenue of $1.3M and total assets of $3.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Newport Senior Center's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Newport Senior Center is a mid-size nonprofit that has been operating for 49 years, with 12 years of IRS 990 filings on record (2012–2023). 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 | $1.2M |
| Total Expenses | $1.0M |
| Surplus / Deficit | +$163K |
| Total Assets | $2.9M |
| Total Liabilities | $60K |
| Net Assets | $2.8M |
| Operating Margin | 13.8% |
| Debt-to-Asset Ratio | 2.1% |
| Months of Reserves | 33.7 months |
Financial Health Grade: A
In 2023, Newport Senior Center reported a surplus of $163K with revenue exceeding expenses, holds 33.7 months of operating reserves (strong position), has a debt-to-asset ratio of 2.1% (very low leverage).
Financial Trends
Over 12 years of filings (2012–2023), Newport Senior Center's revenue has grown at a compound annual growth rate (CAGR) of 1.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -0.2% | +0.5% | +4.9% |
| 2022 | +9.7% | +2.2% | +12.2% |
| 2021 | -10.2% | -4.3% | +2.6% |
| 2020 | -4.6% | +10.4% | +7.9% |
| 2019 | -6.7% | +7.9% | +17.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1977 |
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 Newport Senior Center 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: 85%
- fundraising: 5%
According to IRS 990 filings, Newport Senior Center allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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 $163K, with revenue exceeding expenses.
- Debt-to-asset ratio: 2.1%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that the organization's leadership either serves on a volunteer basis or is compensated below the reporting threshold, which is a strong positive for resource allocation.
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 Newport Senior Center:
- Consistent asset growth, from $1.29M in 2014 to $2.86M in 2023.
- No reported officer compensation across all 12 filings, indicating high efficiency.
- Consistent revenue generation and operating surpluses in most recent years.
- Strong financial stability with low liabilities relative to assets (e.g., $60,259 liabilities vs. $2,858,234 assets in 2023).
Frequently Asked Questions about Newport Senior Center
Is Newport Senior Center a legitimate charity?
Newport Senior Center (EIN: 20329395) is a registered tax-exempt nonprofit based in New Hampshire. Our AI analysis gives it a Mission Score of 90/100. It has 12 years of IRS 990 filings on record. Total revenue: $1.3M. No red flags identified. 4 strengths noted. Financial health grade: A.
How does Newport Senior Center spend its money?
Newport Senior Center directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Newport Senior Center tax-deductible?
Newport Senior Center is registered as a tax-exempt nonprofit (EIN: 20329395). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Newport Senior Center's spending goes to programs?
Newport Senior Center directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Newport Senior Center located?
Newport Senior Center is headquartered in Newport, New Hampshire and files with the IRS under EIN 20329395.
How many years of IRS 990 filings does Newport Senior Center have?
Newport Senior Center has 12 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 $1.3M in total revenue.
Is Newport Senior Center a good charity?
Based on the available data, Newport Senior Center appears to be a good charity. It demonstrates strong financial health with growing assets, consistent revenue generation, and no reported officer compensation, suggesting efficient use of funds.
How has Newport Senior Center's financial health changed over time?
Newport Senior Center's financial health has steadily improved, with assets growing from $1,287,438 in 2014 to $2,858,234 in 2023. Revenue has also generally increased, and the organization has consistently maintained a surplus in most recent years.
What is the trend in Newport Senior Center's expenses?
Expenses have shown a gradual increase over the years, from $968,279 in 2014 to $1,016,609 in 2023, which is commensurate with the growth in revenue and assets, indicating controlled operational costs relative to growth.
Filing History
IRS 990 filing history for Newport Senior Center showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Newport Senior Center's revenue has grown by 18.9%, moving from $993K to $1.2M. Total assets increased by 113.2% over the same period, from $1.3M to $2.9M. Total functional expenses rose by 5%, from $968K to $1.0M. In its most recent filing year (2023), Newport Senior Center reported a surplus of $163K, with revenue exceeding expenses. The organization holds $60K in liabilities against $2.9M in assets (debt-to-asset ratio: 2.1%), resulting in net assets of $2.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.2M | $1.0M | $2.9M | $60K | — | View 990 |
| 2022 | $1.2M | $1.0M | $2.7M | $69K | — | View 990 |
| 2021 | $1.1M | $990K | $2.4M | $24K | — | View 990 |
| 2020 | $1.2M | $1.0M | $2.4M | $50K | — | View 990 |
| 2019 | $1.3M | $937K | $2.2M | $41K | — | View 990 |
| 2018 | $1.3M | $869K | $1.9M | $43K | — | View 990 |
| 2017 | $957K | $857K | $1.4M | $28K | — | View 990 |
| 2016 | $916K | $882K | $1.3M | $41K | — | View 990 |
| 2015 | $908K | $933K | $1.3M | $43K | — | View 990 |
| 2014 | $903K | $968K | $1.3M | $43K | — | View 990 |
| 2013 | $987K | $973K | $1.3M | $38K | — | View 990 |
| 2012 | $993K | $968K | $1.3M | $45K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.2M, expenses of $1.0M, and assets of $2.9M (revenue -0.2% year-over-year).
- 2022: Revenue of $1.2M, expenses of $1.0M, and assets of $2.7M (revenue +9.7% year-over-year).
- 2021: Revenue of $1.1M, expenses of $990K, and assets of $2.4M (revenue -10.2% year-over-year).
- 2020: Revenue of $1.2M, expenses of $1.0M, and assets of $2.4M (revenue -4.6% year-over-year).
- 2019: Revenue of $1.3M, expenses of $937K, and assets of $2.2M (revenue -6.7% year-over-year).
- 2018: Revenue of $1.3M, expenses of $869K, and assets of $1.9M (revenue +40.9% year-over-year).
- 2017: Revenue of $957K, expenses of $857K, and assets of $1.4M (revenue +4.5% year-over-year).
- 2016: Revenue of $916K, expenses of $882K, and assets of $1.3M (revenue +0.9% year-over-year).
- 2015: Revenue of $908K, expenses of $933K, and assets of $1.3M (revenue +0.5% year-over-year).
- 2014: Revenue of $903K, expenses of $968K, and assets of $1.3M (revenue -8.5% year-over-year).
- 2013: Revenue of $987K, expenses of $973K, and assets of $1.3M (revenue -0.5% year-over-year).
- 2012: Revenue of $993K, expenses of $968K, and assets of $1.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Newport Senior Center:
Data Sources and Methodology
This transparency report for Newport Senior Center 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.