Northeast Acquirers Association Inc
Northeast Acquirers Association Inc consistently grows assets with no reported officer compensation.
EIN: 20507192 · Windham, NH · NTEE: S41 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $692K |
| Total Expenses | $424K |
| Program Spending | 80% |
| Net Assets | $1.2M |
| Transparency Score | 85/100 |
Is Northeast Acquirers Association Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Northeast Acquirers Association Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Northeast Acquirers Association Inc
Northeast Acquirers Association Inc (EIN: 20507192) is a nonprofit organization based in Windham, NH, classified under NTEE code S41. The organization reported total revenue of $692K and total assets of $1.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Northeast Acquirers Association Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Northeast Acquirers Association Inc is a small nonprofit that has been operating for 24 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $502K |
| Total Expenses | $424K |
| Surplus / Deficit | +$79K |
| Total Assets | $1.2M |
| Total Liabilities | $192 |
| Net Assets | $1.2M |
| Operating Margin | 15.7% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 33.1 months |
Financial Health Grade: A
In 2023, Northeast Acquirers Association Inc reported a surplus of $79K with revenue exceeding expenses, holds 33.1 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Northeast Acquirers Association Inc's revenue has grown at a compound annual growth rate (CAGR) of 4.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -26.1% | +30.1% | +7.0% |
| 2022 | +387.3% | +411.1% | +48.0% |
| 2021 | -14.3% | -74.0% | +11.5% |
| 2020 | -53.9% | -6.7% | -11.0% |
| 2019 | -10.4% | +50.6% | +14.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2002 |
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 Northeast Acquirers Association Inc 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Northeast Acquirers Association Inc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. 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 surplus of $79K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating a volunteer-led executive structure which significantly reduces overhead and maximizes resources for 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 Northeast Acquirers Association Inc's IRS 990 filings:
- Lack of detailed expense breakdown (program, admin, fundraising) in provided data, limiting granular efficiency analysis.
Strengths
The following positive indicators were identified for Northeast Acquirers Association Inc:
- Consistent asset growth, increasing from $310,449 in 2014 to $1,168,877 in 2023.
- No reported officer compensation across all filings, indicating volunteer leadership and efficient use of funds.
- Consistent operating surpluses in most years, demonstrating sound financial management.
- Strong revenue generation, with a peak of $680,262 in 2022 and $502,484 in 2023, supporting its operations.
Frequently Asked Questions about Northeast Acquirers Association Inc
Is Northeast Acquirers Association Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Northeast Acquirers Association Inc (EIN: 20507192) some concerns. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
How does Northeast Acquirers Association Inc spend its money?
Northeast Acquirers Association Inc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Northeast Acquirers Association Inc tax-deductible?
Northeast Acquirers Association Inc is registered as a tax-exempt nonprofit (EIN: 20507192). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Northeast Acquirers Association Inc's spending goes to programs?
Northeast Acquirers Association Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Northeast Acquirers Association Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Northeast Acquirers Association Inc is above average for NTEE category S41 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Northeast Acquirers Association Inc located?
Northeast Acquirers Association Inc is headquartered in Windham, New Hampshire and files with the IRS under EIN 20507192. It is classified under NTEE code S41.
How many years of IRS 990 filings does Northeast Acquirers Association Inc have?
Northeast Acquirers Association 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 $692K in total revenue.
Is Northeast Acquirers Association Inc a good charity?
Based on the available data, Northeast Acquirers Association Inc appears to be a financially sound organization with consistent asset growth and a history of operating surpluses. The absence of officer compensation is a strong positive indicator of efficiency and dedication to its mission. However, without detailed program spending breakdowns, a full assessment of its direct impact is limited.
How has the organization's financial health changed over time?
The organization's financial health has generally improved, with assets growing from $310,449 in 2014 to $1,168,877 in 2023. Revenue has fluctuated, but expenses have consistently been managed below revenue in most years, leading to sustained growth in net assets.
What is the significance of 0% officer compensation?
0% officer compensation is highly significant as it suggests that the organization's leadership is entirely volunteer-based. This practice can lead to lower administrative costs and ensures that a greater proportion of the organization's revenue is available for its programs and operational needs, rather than executive salaries.
Filing History
IRS 990 filing history for Northeast Acquirers Association Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Northeast Acquirers Association Inc's revenue has grown by 61.6%, moving from $311K to $502K. Total assets increased by 389.1% over the same period, from $239K to $1.2M. Total functional expenses rose by 118.5%, from $194K to $424K. In its most recent filing year (2023), Northeast Acquirers Association Inc reported a surplus of $79K, with revenue exceeding expenses. The organization holds $192 in liabilities against $1.2M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $1.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $502K | $424K | $1.2M | $192 | — | — |
| 2022 | $680K | $326K | $1.1M | $0 | — | View 990 |
| 2021 | $140K | $64K | $738K | $0 | — | View 990 |
| 2020 | $163K | $245K | $662K | $0 | — | View 990 |
| 2019 | $354K | $262K | $744K | $0 | — | View 990 |
| 2018 | $395K | $174K | $653K | $0 | — | View 990 |
| 2017 | $317K | $292K | $432K | $0 | — | View 990 |
| 2016 | $298K | $263K | $407K | $0 | — | View 990 |
| 2015 | $330K | $270K | $372K | $0 | — | View 990 |
| 2014 | $288K | $230K | $310K | $0 | — | View 990 |
| 2013 | $320K | $331K | $256K | $0 | — | View 990 |
| 2012 | $311K | $284K | $266K | $0 | — | View 990 |
| 2011 | $311K | $194K | $239K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $502K, expenses of $424K, and assets of $1.2M (revenue -26.1% year-over-year).
- 2022: Revenue of $680K, expenses of $326K, and assets of $1.1M (revenue +387.3% year-over-year).
- 2021: Revenue of $140K, expenses of $64K, and assets of $738K (revenue -14.3% year-over-year).
- 2020: Revenue of $163K, expenses of $245K, and assets of $662K (revenue -53.9% year-over-year).
- 2019: Revenue of $354K, expenses of $262K, and assets of $744K (revenue -10.4% year-over-year).
- 2018: Revenue of $395K, expenses of $174K, and assets of $653K (revenue +24.3% year-over-year).
- 2017: Revenue of $317K, expenses of $292K, and assets of $432K (revenue +6.7% year-over-year).
- 2016: Revenue of $298K, expenses of $263K, and assets of $407K (revenue -9.7% year-over-year).
- 2015: Revenue of $330K, expenses of $270K, and assets of $372K (revenue +14.6% year-over-year).
- 2014: Revenue of $288K, expenses of $230K, and assets of $310K (revenue -10.1% year-over-year).
- 2013: Revenue of $320K, expenses of $331K, and assets of $256K (revenue +2.8% year-over-year).
- 2012: Revenue of $311K, expenses of $284K, and assets of $266K (revenue +0.1% year-over-year).
- 2011: Revenue of $311K, expenses of $194K, and assets of $239K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Northeast Acquirers Association Inc:
Data Sources and Methodology
This transparency report for Northeast Acquirers Association 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.