News Paper Foundation
News Paper Foundation reports minimal revenue and consistent asset depletion to cover expenses.
EIN: 20522262 · Concord, NH · NTEE: T20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1 |
| Total Expenses | $10K |
| Net Assets | $175K |
| Transparency Score | 10/100 |
Is News Paper Foundation Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About News Paper Foundation
News Paper Foundation (EIN: 20522262) is a nonprofit organization based in Concord, NH, classified under NTEE code T20. The organization reported total revenue of $1 and total assets of $173K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of News Paper Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
News Paper Foundation is a micro nonprofit that has been operating for 25 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -36.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1 |
| Total Expenses | $10K |
| Surplus / Deficit | $-10,008 |
| Total Assets | $175K |
| Total Liabilities | $1 |
| Net Assets | $175K |
| Operating Margin | -1000800.0% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 209.5 months |
Financial Health Grade: B
In 2023, News Paper Foundation reported a deficit of $10K with expenses exceeding revenue, holds 209.5 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), News Paper Foundation's revenue has declined at a compound annual growth rate (CAGR) of -36.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +0.0% | -0.3% | -2.9% |
| 2022 | +0.0% | -2.0% | -4.3% |
| 2021 | +0.0% | -16.5% | -5.2% |
| 2020 | +0.0% | -7.5% | -5.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2001 |
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 News Paper Foundation with a Mission Score of 10 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.
Spending Breakdown
- admin: 100%
- programs: 0%
- fundraising: 0%
According to IRS 990 filings, News Paper Foundation allocates its expenses as follows: admin: 100%, programs: 0%, fundraising: 0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $10K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation, indicating that its leadership is either unpaid volunteers or compensated through other means not reported as officer compensation, which is positive for minimizing overhead.
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 News Paper Foundation's IRS 990 filings:
- Persistent and significant deficit spending (expenses far exceeding revenue, e.g., $1 revenue vs. $10,009 expenses in 2023).
- Consistent reporting of only $1 in revenue for multiple years (2019-2023), which is highly unusual for an active nonprofit.
- Steady decline in assets over the past decade, from $343,146 in 2011 to $174,718 in 2023, indicating reliance on reserves.
- Lack of clear program spending details given the minimal reported revenue and asset drawdowns.
Strengths
The following positive indicators were identified for News Paper Foundation:
- No reported officer compensation, suggesting a volunteer-driven or highly cost-conscious leadership.
- Low reported liabilities, consistently $1 or $0, indicating minimal debt.
Frequently Asked Questions about News Paper Foundation
Is News Paper Foundation a legitimate charity?
News Paper Foundation (EIN: 20522262) is a registered tax-exempt nonprofit based in New Hampshire. Our AI analysis gives it a Mission Score of 10/100. It has 10 years of IRS 990 filings on record. Total revenue: $1. 4 red flags identified. 2 strengths noted. Financial health grade: B.
How does News Paper Foundation spend its money?
News Paper Foundation reported $1 in total revenue in IRS 990 filings. 10 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to News Paper Foundation tax-deductible?
News Paper Foundation is registered as a tax-exempt nonprofit (EIN: 20522262). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does News Paper Foundation compare to similar nonprofits?
With a transparency score of 10/100 (Very Poor), News Paper Foundation is below average for NTEE category T20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is News Paper Foundation located?
News Paper Foundation is headquartered in Concord, New Hampshire and files with the IRS under EIN 20522262. It is classified under NTEE code T20.
How many years of IRS 990 filings does News Paper Foundation have?
News Paper Foundation has 10 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 in total revenue.
How does News Paper Foundation sustain its operations with only $1 in reported revenue annually?
The organization appears to sustain operations by drawing down its assets, which have decreased from $343,146 in 2011 to $174,718 in 2023, rather than through incoming revenue.
What are the specific programs or activities that the News Paper Foundation is funding?
The provided data does not detail specific program spending, making it difficult to assess the nature of its charitable activities given the minimal revenue and asset depletion.
Why has the organization's revenue remained at $1 for several consecutive years?
The consistent reporting of $1 in revenue for multiple years (2019-2023) is unusual and may indicate a reporting anomaly, a change in operational model, or that its primary financial activity is not reflected in the 'revenue' line item.
What is the long-term financial plan for the News Paper Foundation given its declining assets?
With assets steadily decreasing and expenses consistently exceeding revenue, the organization's current financial trajectory is unsustainable without a significant change in funding or operational strategy.
Filing History
IRS 990 filing history for News Paper Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), News Paper Foundation's revenue has declined by 99.6%, moving from $246 to $1. Total assets decreased by 49.1% over the same period, from $343K to $175K. Total functional expenses fell by 53.4%, from $21K to $10K. In its most recent filing year (2023), News Paper Foundation reported a deficit of $10K, with expenses exceeding revenue. The organization holds $1 in liabilities against $175K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $175K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1 | $10K | $175K | $1 | — | — |
| 2022 | $1 | $10K | $180K | $1 | — | — |
| 2021 | $1 | $10K | $188K | $1 | — | — |
| 2020 | $1 | $12K | $198K | $1 | — | — |
| 2019 | $1 | $13K | $210K | $1 | — | — |
| 2015 | $0 | $17K | $268K | $0 | — | View 990 |
| 2014 | $0 | $18K | $284K | $0 | — | View 990 |
| 2013 | $27 | $23K | $302K | $0 | — | View 990 |
| 2012 | $175 | $19K | $324K | $0 | — | View 990 |
| 2011 | $246 | $21K | $343K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1, expenses of $10K, and assets of $175K (revenue +0.0% year-over-year).
- 2022: Revenue of $1, expenses of $10K, and assets of $180K (revenue +0.0% year-over-year).
- 2021: Revenue of $1, expenses of $10K, and assets of $188K (revenue +0.0% year-over-year).
- 2020: Revenue of $1, expenses of $12K, and assets of $198K (revenue +0.0% year-over-year).
- 2019: Revenue of $1, expenses of $13K, and assets of $210K.
- 2015: Revenue of $0, expenses of $17K, and assets of $268K.
- 2014: Revenue of $0, expenses of $18K, and assets of $284K (revenue -100.0% year-over-year).
- 2013: Revenue of $27, expenses of $23K, and assets of $302K (revenue -84.6% year-over-year).
- 2012: Revenue of $175, expenses of $19K, and assets of $324K (revenue -28.9% year-over-year).
- 2011: Revenue of $246, expenses of $21K, and assets of $343K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for News Paper Foundation:
Data Sources and Methodology
This transparency report for News Paper 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.