Nhscot
Nhscot maintains stable assets and zero officer compensation, but faced an operating deficit in 2023.
EIN: 20354077 · Concord, NH · NTEE: A230 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.9M |
| Total Expenses | $1.2M |
| Program Spending | 85% |
| Net Assets | $1.0M |
| Transparency Score | 85/100 |
Is Nhscot Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Nhscot directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Nhscot
Nhscot (EIN: 20354077) is a nonprofit organization based in Concord, NH, classified under NTEE code A230. The organization reported total revenue of $1.9M and total assets of $1.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Nhscot's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Nhscot is a mid-size nonprofit that has been operating for 45 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 2.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $936K |
| Total Expenses | $1.2M |
| Surplus / Deficit | $-262,720 |
| Total Assets | $1.1M |
| Total Liabilities | $52K |
| Net Assets | $1.0M |
| Operating Margin | -28.1% |
| Debt-to-Asset Ratio | 4.9% |
| Months of Reserves | 10.7 months |
Financial Health Grade: B
In 2023, Nhscot reported a deficit of $263K with expenses exceeding revenue, holds 10.7 months of operating reserves (strong position), has a debt-to-asset ratio of 4.9% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Nhscot's revenue has grown at a compound annual growth rate (CAGR) of 2.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -18.4% | +8.3% | -13.6% |
| 2022 | +72.9% | +93.4% | -5.5% |
| 2021 | +86.3% | +44.2% | +6.3% |
| 2020 | -66.5% | -63.3% | +8.2% |
| 2019 | +15.5% | +8.7% | +12.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1981 |
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 Nhscot 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: 85%
- fundraising: 5%
According to IRS 990 filings, Nhscot 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 deficit of $263K, with expenses exceeding revenue.
- Debt-to-asset ratio: 4.9%.
Executive Compensation Analysis
Nhscot consistently reports 0% officer compensation across all available filings, indicating that no funds are allocated to executive salaries, which is highly favorable for directing resources to its mission.
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 Nhscot's IRS 990 filings:
- Operating deficit in 2023 ($936,170 revenue vs. $1,198,890 expenses)
- Fluctuating revenue streams, indicating potential reliance on variable funding sources
Strengths
The following positive indicators were identified for Nhscot:
- Consistent 0% officer compensation across all filings, indicating high efficiency in executive spending
- Strong asset base, consistently over $1 million in recent years ($1,070,576 in 2023)
- Low liabilities relative to assets ($52,316 in 2023 vs. $1,070,576 assets)
- Consistent IRS 990 filing history (13 filings), demonstrating strong transparency
Frequently Asked Questions about Nhscot
Is Nhscot a legitimate charity?
Based on AI analysis of IRS 990 filings, Nhscot (EIN: 20354077) some concerns. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
How does Nhscot spend its money?
Nhscot directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Nhscot tax-deductible?
Nhscot is registered as a tax-exempt nonprofit (EIN: 20354077). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Nhscot's spending goes to programs?
Nhscot directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Nhscot compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Nhscot is above average for NTEE category A230 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Nhscot located?
Nhscot is headquartered in Concord, New Hampshire and files with the IRS under EIN 20354077. It is classified under NTEE code A230.
How many years of IRS 990 filings does Nhscot have?
Nhscot 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 $1.9M in total revenue.
Is Nhscot a good charity?
Based on the available data, Nhscot appears to be a good charity. It demonstrates strong financial transparency through consistent 990 filings and a remarkable commitment to its mission by reporting 0% officer compensation across all periods. While there was an operating deficit in 2023, its asset base remains solid, and liabilities are well-managed.
How has Nhscot's revenue trended over the past few years?
Nhscot's revenue has fluctuated significantly. It was $1,147,484 in 2022, decreased to $936,170 in 2023, and was as low as $356,220 in 2020, but reached $1,290,025 in 2017. This indicates variability in its funding streams.
What is Nhscot's financial stability like?
Nhscot shows reasonable financial stability. Its assets have consistently been over $1 million in recent years, reaching $1,070,576 in 2023. Liabilities are kept low, at $52,316 in 2023, indicating good financial management despite some years with operating deficits.
Filing History
IRS 990 filing history for Nhscot showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Nhscot's revenue has grown by 32.1%, moving from $708K to $936K. Total assets increased by 208.9% over the same period, from $347K to $1.1M. Total functional expenses rose by 51.5%, from $791K to $1.2M. In its most recent filing year (2023), Nhscot reported a deficit of $263K, with expenses exceeding revenue. The organization holds $52K in liabilities against $1.1M in assets (debt-to-asset ratio: 4.9%), resulting in net assets of $1.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $936K | $1.2M | $1.1M | $52K | — | — |
| 2022 | $1.1M | $1.1M | $1.2M | $61K | — | View 990 |
| 2021 | $664K | $572K | $1.3M | $14K | — | View 990 |
| 2020 | $356K | $397K | $1.2M | $100K | — | — |
| 2019 | $1.1M | $1.1M | $1.1M | $22K | — | View 990 |
| 2018 | $920K | $994K | $1.0M | $11K | — | View 990 |
| 2017 | $1.3M | $922K | $1.1M | $7K | — | View 990 |
| 2016 | $923K | $792K | $716K | $2K | — | View 990 |
| 2015 | $865K | $766K | $578K | $4K | — | View 990 |
| 2014 | $845K | $720K | $517K | $14K | — | View 990 |
| 2013 | $760K | $715K | $378K | $9K | — | View 990 |
| 2012 | $749K | $743K | $306K | $7K | — | View 990 |
| 2011 | $708K | $791K | $347K | $48K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $936K, expenses of $1.2M, and assets of $1.1M (revenue -18.4% year-over-year).
- 2022: Revenue of $1.1M, expenses of $1.1M, and assets of $1.2M (revenue +72.9% year-over-year).
- 2021: Revenue of $664K, expenses of $572K, and assets of $1.3M (revenue +86.3% year-over-year).
- 2020: Revenue of $356K, expenses of $397K, and assets of $1.2M (revenue -66.5% year-over-year).
- 2019: Revenue of $1.1M, expenses of $1.1M, and assets of $1.1M (revenue +15.5% year-over-year).
- 2018: Revenue of $920K, expenses of $994K, and assets of $1.0M (revenue -28.7% year-over-year).
- 2017: Revenue of $1.3M, expenses of $922K, and assets of $1.1M (revenue +39.8% year-over-year).
- 2016: Revenue of $923K, expenses of $792K, and assets of $716K (revenue +6.7% year-over-year).
- 2015: Revenue of $865K, expenses of $766K, and assets of $578K (revenue +2.4% year-over-year).
- 2014: Revenue of $845K, expenses of $720K, and assets of $517K (revenue +11.1% year-over-year).
- 2013: Revenue of $760K, expenses of $715K, and assets of $378K (revenue +1.4% year-over-year).
- 2012: Revenue of $749K, expenses of $743K, and assets of $306K (revenue +5.8% year-over-year).
- 2011: Revenue of $708K, expenses of $791K, and assets of $347K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Nhscot:
Data Sources and Methodology
This transparency report for Nhscot 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.