Northeast Health Care Quality Foundation
Northeast Health Care Quality Foundation reports $0 revenue and $0 assets, indicating potential cessation of operations.
EIN: 20304292 · Concord, NH · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Expenses | $1.2M |
| Net Assets | $806K |
| Transparency Score | 10/100 |
Is Northeast Health Care Quality Foundation Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Northeast Health Care Quality Foundation
Northeast Health Care Quality Foundation (EIN: 20304292) is a nonprofit organization based in Concord, NH. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Northeast Health Care Quality Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Northeast Health Care Quality Foundation is a small nonprofit, with 5 years of IRS 990 filings on record (2011–2015). Revenue has grown at a compound annual rate of -39.1%.
Key Financial Metrics (2015)
From the most recent IRS 990 filing on record:
| Total Revenue | $474K |
| Total Expenses | $1.2M |
| Surplus / Deficit | $-676,514 |
| Total Assets | $808K |
| Total Liabilities | $2K |
| Net Assets | $806K |
| Operating Margin | -142.6% |
| Debt-to-Asset Ratio | 0.2% |
| Months of Reserves | 8.4 months |
Financial Health Grade: B
In 2015, Northeast Health Care Quality Foundation reported a deficit of $677K with expenses exceeding revenue, holds 8.4 months of operating reserves (strong position), has a debt-to-asset ratio of 0.2% (very low leverage).
Financial Trends
Over 5 years of filings (2011–2015), Northeast Health Care Quality Foundation's revenue has declined at a compound annual growth rate (CAGR) of -39.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2015 | -71.9% | -58.5% | -45.5% |
| 2014 | -52.9% | -18.8% | -46.8% |
| 2013 | +14.1% | +8.8% | +3.8% |
| 2012 | -9.1% | -5.4% | +2.5% |
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Northeast Health Care Quality 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: 0%
- programs: 0%
- fundraising: 0%
According to IRS 990 filings, Northeast Health Care Quality Foundation allocates its expenses as follows: admin: 0%, programs: 0%, fundraising: 0%.
Key Financial Metrics (2015)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $677K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.2%.
Executive Compensation Analysis
No officer compensation was reported across any of the available filings, which is unusual for an organization that historically managed millions in revenue and expenses, suggesting either a volunteer leadership model or that compensation was categorized differently.
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 Health Care Quality Foundation's IRS 990 filings:
- Latest filing shows $0 revenue and $0 assets, indicating potential inactivity or dissolution.
- Significant and rapid decline in revenue from $3,583,806 in 2013 to $0 in the latest period.
- Expenses exceeded revenue in multiple historical periods (e.g., 2014 and 2015), leading to asset depletion.
Strengths
The following positive indicators were identified for Northeast Health Care Quality Foundation:
- Historically managed significant revenue and assets, indicating past capacity for operations.
- No reported officer compensation across all available filings, suggesting efficient use of funds in that area historically.
Frequently Asked Questions about Northeast Health Care Quality Foundation
Is Northeast Health Care Quality Foundation a legitimate charity?
Northeast Health Care Quality Foundation (EIN: 20304292) is a registered tax-exempt nonprofit based in New Hampshire. Our AI analysis gives it a Mission Score of 10/100. It has 5 years of IRS 990 filings on record. 3 red flags identified. 2 strengths noted. Financial health grade: B.
How does Northeast Health Care Quality Foundation spend its money?
Northeast Health Care Quality Foundation reported its financials in IRS 990 filings. 5 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Northeast Health Care Quality Foundation tax-deductible?
Northeast Health Care Quality Foundation is registered as a tax-exempt nonprofit (EIN: 20304292). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Northeast Health Care Quality Foundation located?
Northeast Health Care Quality Foundation is headquartered in Concord, New Hampshire and files with the IRS under EIN 20304292.
How many years of IRS 990 filings does Northeast Health Care Quality Foundation have?
Northeast Health Care Quality Foundation has 5 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends.
Is Northeast Health Care Quality Foundation still operational?
Based on the latest IRS 990 data showing $0 revenue and $0 assets, it is highly probable that the Northeast Health Care Quality Foundation is no longer operational.
What caused the significant decline in revenue and assets?
The provided data does not specify the exact causes, but the sharp decline from millions in revenue and assets to zero suggests a major event such as a loss of funding, dissolution, or merger.
Filing History
IRS 990 filing history for Northeast Health Care Quality Foundation showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2011–2015), Northeast Health Care Quality Foundation's revenue has declined by 86.3%, moving from $3.5M to $474K. Total assets decreased by 69.2% over the same period, from $2.6M to $808K. Total functional expenses fell by 65.4%, from $3.3M to $1.2M. In its most recent filing year (2015), Northeast Health Care Quality Foundation reported a deficit of $677K, with expenses exceeding revenue. The organization holds $2K in liabilities against $808K in assets (debt-to-asset ratio: 0.2%), resulting in net assets of $806K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2015 | $474K | $1.2M | $808K | $2K | — | View 990 |
| 2014 | $1.7M | $2.8M | $1.5M | $727 | — | View 990 |
| 2013 | $3.6M | $3.4M | $2.8M | $217K | — | View 990 |
| 2012 | $3.1M | $3.1M | $2.7M | $276K | — | View 990 |
| 2011 | $3.5M | $3.3M | $2.6M | $207K | — | View 990 |
Year-by-Year Financial Summary
- 2015: Revenue of $474K, expenses of $1.2M, and assets of $808K (revenue -71.9% year-over-year).
- 2014: Revenue of $1.7M, expenses of $2.8M, and assets of $1.5M (revenue -52.9% year-over-year).
- 2013: Revenue of $3.6M, expenses of $3.4M, and assets of $2.8M (revenue +14.1% year-over-year).
- 2012: Revenue of $3.1M, expenses of $3.1M, and assets of $2.7M (revenue -9.1% year-over-year).
- 2011: Revenue of $3.5M, expenses of $3.3M, and assets of $2.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Northeast Health Care Quality Foundation:
Data Sources and Methodology
This transparency report for Northeast Health Care Quality 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.