Nh Automtoive Education Foundation Inc
NH Automotive Education Foundation Inc: Strong Assets, Inconsistent Revenue, and High Program Spending
EIN: 222715464 · Bow, NH · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $435K |
| Total Expenses | $346K |
| Program Spending | 80% |
| CEO/Top Officer Pay | $0 |
| Net Assets | $749K |
| Transparency Score | 75/100 |
Is Nh Automtoive Education Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Nh Automtoive Education Foundation Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Nh Automtoive Education Foundation Inc
Nh Automtoive Education Foundation Inc (EIN: 222715464) is a nonprofit organization based in Bow, NH. The organization reported total revenue of $435K and total assets of $1.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Nh Automtoive Education Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Nh Automtoive Education Foundation Inc is a small nonprofit that has been operating for 35 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $311K |
| Total Expenses | $346K |
| Surplus / Deficit | $-35,488 |
| Total Assets | $1.0M |
| Total Liabilities | $252K |
| Net Assets | $749K |
| Operating Margin | -11.4% |
| Debt-to-Asset Ratio | 25.2% |
| Months of Reserves | 34.7 months |
Financial Health Grade: B
In 2023, Nh Automtoive Education Foundation Inc reported a deficit of $35K with expenses exceeding revenue, holds 34.7 months of operating reserves (strong position), has a debt-to-asset ratio of 25.2% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Nh Automtoive Education Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 3.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -5.4% | +33.1% | -1.8% |
| 2022 | -57.9% | -3.4% | +1.7% |
| 2021 | +135.6% | -20.7% | +141.7% |
| 2020 | -7.9% | +14.6% | -9.7% |
| 2019 | +29.4% | +7.5% | +37.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1991 |
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 Nh Automtoive Education Foundation 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: 10%
- programs: 80%
- fundraising: 10%
According to IRS 990 filings, Nh Automtoive Education Foundation Inc allocates its expenses as follows: admin: 10%, programs: 80%, fundraising: 10%. With 80% 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 deficit of $35K, with expenses exceeding revenue.
- Debt-to-asset ratio: 25.2%.
Executive Compensation Analysis
Executive compensation is consistently reported as $0 across all available filings, suggesting a volunteer-led organization or compensation below IRS reporting thresholds.
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 Nh Automtoive Education Foundation Inc's IRS 990 filings:
- Revenue has been inconsistent, fluctuating significantly from $779,568 in 2021 to $310,658 in 2023, which could impact long-term program stability.
- The 'nt' (nonprofit type) field is marked as '?', indicating a lack of clear categorization for the organization's specific focus.
Strengths
The following positive indicators were identified for Nh Automtoive Education Foundation Inc:
- The organization maintains a strong asset base, with assets consistently over $1,000,000 in recent years, providing financial stability.
- Expenses are consistently lower than revenue in most years, indicating sound financial management.
- The organization has a long history of financial filings dating back to 2016, demonstrating sustained operation.
Frequently Asked Questions about Nh Automtoive Education Foundation Inc
Is Nh Automtoive Education Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Nh Automtoive Education Foundation Inc (EIN: 222715464) some concerns. Mission Score: 75/100. 2 red flags identified, 3 strengths noted.
How does Nh Automtoive Education Foundation Inc spend its money?
Nh Automtoive Education Foundation Inc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Nh Automtoive Education Foundation Inc tax-deductible?
Nh Automtoive Education Foundation Inc is registered as a tax-exempt nonprofit (EIN: 222715464). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Nh Automtoive Education Foundation Inc CEO make?
Nh Automtoive Education Foundation Inc's highest-compensated officer earns $0 annually. The organization reported $435K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Nh Automtoive Education Foundation Inc's spending goes to programs?
Nh Automtoive Education Foundation Inc directs 80% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Nh Automtoive Education Foundation Inc located?
Nh Automtoive Education Foundation Inc is headquartered in Bow, New Hampshire and files with the IRS under EIN 222715464.
How many years of IRS 990 filings does Nh Automtoive Education Foundation Inc have?
Nh Automtoive Education Foundation 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 $435K in total revenue.
What does Nh Automtoive Education Foundation Inc do?
Nh Automtoive Education Foundation Inc is a nonprofit organization in the Unknown sector, located in Bow, New Hampshire. It is classified under NTEE code Unknown.
How much revenue does Nh Automtoive Education Foundation Inc have?
Nh Automtoive Education Foundation Inc reported total revenue of $434,778. Based on 13 IRS 990 filings on record.
What are Nh Automtoive Education Foundation Inc's total assets?
Nh Automtoive Education Foundation Inc holds total assets of $1,128,519 as reported in IRS 990 filings.
Where is Nh Automtoive Education Foundation Inc located?
Nh Automtoive Education Foundation Inc is based in Bow, New Hampshire.
What is Nh Automtoive Education Foundation Inc's EIN?
Nh Automtoive Education Foundation Inc's Employer Identification Number (EIN) is 222715464. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Nh Automtoive Education Foundation Inc?
Nh Automtoive Education Foundation Inc is classified under NTEE code Unknown (Unknown).
Is Nh Automtoive Education Foundation Inc a registered 501(c)(3)?
Nh Automtoive Education Foundation Inc appears in IRS records (EIN: 222715464). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Nh Automtoive Education Foundation Inc file IRS Form 990?
Yes, Nh Automtoive Education Foundation Inc has 13 IRS Form 990 filings on record. The most recent covers tax period 202304.
What was Nh Automtoive Education Foundation Inc's revenue in 2023?
In the 202304 filing period, Nh Automtoive Education Foundation Inc reported total revenue of $310,658, total expenses of $346,146, and net assets of $1,001,000.
Is Nh Automtoive Education Foundation Inc's revenue growing or declining?
Nh Automtoive Education Foundation Inc's revenue is declining. Revenue went from $328,446 (202204) to $310,658 (202304), a -5.4% change. Based on 13 filings on record.
What is Nh Automtoive Education Foundation Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Nh Automtoive Education Foundation Inc covers tax period 202304. It shows revenue of $310,658, expenses of $346,146, total assets of $1,001,000, and liabilities of $252,023.
How much does Nh Automtoive Education Foundation Inc spend on programs vs administration?
Based on IRS 990 analysis, Nh Automtoive Education Foundation Inc allocates approximately 80% of expenses to program services, 10% to administrative costs, and 10% to fundraising. This indicates strong program focus.
Is Nh Automtoive Education Foundation Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Nh Automtoive Education Foundation Inc appears trustworthy. Mission Score: 75/100 (Good). 2 red flags identified. 3 strengths noted.
What are the red flags for Nh Automtoive Education Foundation Inc?
The following concerns were identified: Revenue has been inconsistent, fluctuating significantly from $779,568 in 2021 to $310,658 in 2023, which could impact long-term program stability.. The 'nt' (nonprofit type) field is marked as '?', indicating a lack of clear categorization for the organization's specific focus.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Nh Automtoive Education Foundation Inc's strengths?
Positive indicators for Nh Automtoive Education Foundation Inc include: The organization maintains a strong asset base, with assets consistently over $1,000,000 in recent years, providing financial stability.. Expenses are consistently lower than revenue in most years, indicating sound financial management.. The organization has a long history of financial filings dating back to 2016, demonstrating sustained operation.. These findings are derived from AI analysis of the organization's financial filings.
How does Nh Automtoive Education Foundation Inc compensate executives?
Executive compensation is consistently reported as $0 across all available filings, suggesting a volunteer-led organization or compensation below IRS reporting thresholds. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the '0%' compensation reported, how does the organization sustain its operational leadership and administrative functions?
The consistent reporting of $0 for compensation suggests that the organization is either entirely volunteer-run at the executive level or that any compensation paid falls below the IRS reporting thresholds for key employees, which could imply a lean operational model.
What factors contributed to the significant revenue spike in 2021 ($779,568) compared to other years, and how does the organization plan to stabilize or replicate such success?
The provided data does not specify the source of the 2021 revenue spike. Understanding whether this was a one-time grant, a major fundraising event, or an anomaly is crucial for assessing future financial predictability and sustainability.
Filing History
IRS 990 filing history for Nh Automtoive Education Foundation Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Nh Automtoive Education Foundation Inc's revenue has grown by 52.3%, moving from $204K to $311K. Total assets increased by 391.6% over the same period, from $204K to $1.0M. Total functional expenses rose by 75.3%, from $197K to $346K. In its most recent filing year (2023), Nh Automtoive Education Foundation Inc reported a deficit of $35K, with expenses exceeding revenue. The organization holds $252K in liabilities against $1.0M in assets (debt-to-asset ratio: 25.2%), resulting in net assets of $749K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $311K | $346K | $1.0M | $252K | — | View 990 |
| 2022 | $328K | $260K | $1.0M | $258K | — | View 990 |
| 2021 | $780K | $269K | $1.0M | $246K | — | View 990 |
| 2020 | $331K | $340K | $414K | $169K | — | View 990 |
| 2019 | $359K | $296K | $459K | $205K | — | View 990 |
| 2018 | $278K | $276K | $334K | $143K | — | View 990 |
| 2017 | $214K | $227K | $302K | $113K | — | View 990 |
| 2016 | $229K | $228K | $255K | $53K | — | View 990 |
| 2015 | $234K | $236K | $255K | $54K | — | View 990 |
| 2014 | $261K | $250K | $268K | $65K | — | View 990 |
| 2013 | $235K | $198K | $263K | $71K | — | View 990 |
| 2012 | $205K | $181K | $222K | $66K | — | View 990 |
| 2011 | $204K | $197K | $204K | $71K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $311K, expenses of $346K, and assets of $1.0M (revenue -5.4% year-over-year).
- 2022: Revenue of $328K, expenses of $260K, and assets of $1.0M (revenue -57.9% year-over-year).
- 2021: Revenue of $780K, expenses of $269K, and assets of $1.0M (revenue +135.6% year-over-year).
- 2020: Revenue of $331K, expenses of $340K, and assets of $414K (revenue -7.9% year-over-year).
- 2019: Revenue of $359K, expenses of $296K, and assets of $459K (revenue +29.4% year-over-year).
- 2018: Revenue of $278K, expenses of $276K, and assets of $334K (revenue +29.8% year-over-year).
- 2017: Revenue of $214K, expenses of $227K, and assets of $302K (revenue -6.8% year-over-year).
- 2016: Revenue of $229K, expenses of $228K, and assets of $255K (revenue -1.8% year-over-year).
- 2015: Revenue of $234K, expenses of $236K, and assets of $255K (revenue -10.6% year-over-year).
- 2014: Revenue of $261K, expenses of $250K, and assets of $268K (revenue +11.4% year-over-year).
- 2013: Revenue of $235K, expenses of $198K, and assets of $263K (revenue +14.6% year-over-year).
- 2012: Revenue of $205K, expenses of $181K, and assets of $222K (revenue +0.4% year-over-year).
- 2011: Revenue of $204K, expenses of $197K, and assets of $204K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Nh Automtoive Education Foundation Inc:
Data Sources and Methodology
This transparency report for Nh Automtoive Education Foundation 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.