Parents & Teachers Of Thortons Ferry School

Parents & Teachers Of Thortons Ferry School consistently operates with a surplus and no paid officers.

EIN: 20403312 · Merrimack, NH · Updated: 2026-03-28

$59KRevenue

$44KAssets

92/100Mission Score (Excellent)

Is Parents & Teachers Of Thortons Ferry School Legit?

Some Concerns

GoodFiling Consistency

ExcellentSpending Efficiency

GoodTransparency

1 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Parents & Teachers Of Thortons Ferry School directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Parents & Teachers Of Thortons Ferry School

Parents & Teachers Of Thortons Ferry School (EIN: 20403312) is a nonprofit organization based in Merrimack, NH. The organization reported total revenue of $59K and total assets of $44K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Parents & Teachers Of Thortons Ferry School's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Parents & Teachers Of Thortons Ferry School demonstrates consistent financial health, operating with a positive net income in most recent years. For example, in 2024, they reported $42,033 in revenue against $19,639 in expenses, indicating a healthy surplus. Their asset base has fluctuated but generally remains strong, with $59,357 in assets and $0 liabilities in 2024, suggesting good financial management and solvency. The organization's spending efficiency appears high, as evidenced by the significant difference between revenue and expenses in recent periods, implying that a substantial portion of funds are available for their programs.

The organization's transparency is excellent, particularly regarding executive compensation, which consistently reports 0% for officers across all available filings. This indicates that the organization is run by volunteers, which is common for parent-teacher associations and contributes to lower administrative costs. The consistent filing of IRS Form 990s over 14 periods further enhances their transparency, providing a clear historical record of their financial activities. While specific program spending details are not provided in the summary data, the overall financial picture suggests a well-managed and accountable entity focused on its mission.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Parents & Teachers Of Thortons Ferry School with a Mission Score of 92 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: 90%
fundraising: 0%

According to IRS 990 filings, Parents & Teachers Of Thortons Ferry School allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

Executive compensation is consistently reported as 0% across all filings, indicating that the organization's leadership is entirely volunteer-based, which significantly reduces administrative 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 Parents & Teachers Of Thortons Ferry School's IRS 990 filings:

Significant expense exceeding revenue in 2022 ($129,055 expenses vs. $65,388 revenue), though this appears to be an anomaly and has since been corrected.

Strengths

The following positive indicators were identified for Parents & Teachers Of Thortons Ferry School:

Consistent positive net income in most years, indicating financial stability (e.g., $42,033 revenue vs. $19,639 expenses in 2024).
Zero officer compensation across all filings, demonstrating high volunteer engagement and low administrative costs.
Strong asset base with minimal to no liabilities in recent years (e.g., $59,357 assets and $0 liabilities in 2024).
Consistent IRS 990 filing history over 14 periods, indicating strong transparency and compliance.
Recovery from a deficit year (2022) to strong financial health in subsequent years.

Frequently Asked Questions about Parents & Teachers Of Thortons Ferry School

Is Parents & Teachers Of Thortons Ferry School a legitimate charity?

Based on AI analysis of IRS 990 filings, Parents & Teachers Of Thortons Ferry School (EIN: 20403312) some concerns. Mission Score: 92/100. 1 red flag identified, 5 strengths noted.

How does Parents & Teachers Of Thortons Ferry School spend its money?

Parents & Teachers Of Thortons Ferry School directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.

Are donations to Parents & Teachers Of Thortons Ferry School tax-deductible?

Parents & Teachers Of Thortons Ferry School is registered as a tax-exempt nonprofit (EIN: 20403312). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

Is Parents & Teachers Of Thortons Ferry School a good charity?

Based on the financial data, Parents & Teachers Of Thortons Ferry School appears to be a very good charity. They consistently operate with a surplus, have no liabilities in recent years, and report 0% officer compensation, indicating efficient use of funds and strong volunteer engagement.

How has the organization's financial health changed over time?

The organization's financial health has generally been strong, with consistent revenue generation and positive net income in most years. There was a notable dip in 2022 where expenses ($129,055) significantly exceeded revenue ($65,388), leading to lower assets ($3,826), but they have since recovered strongly, reporting $59,357 in assets by 2024.

What is the organization's approach to executive compensation?

The organization's approach to executive compensation is to have none. All officers consistently report 0% compensation, meaning the leadership is entirely volunteer-driven.

Filing History

IRS 990 filing history for Parents & Teachers Of Thortons Ferry School showing financial trends over 14 years of public records:

Over 14 years of IRS 990 filings (2011–2024), Parents & Teachers Of Thortons Ferry School's revenue has grown by 50.9%, moving from $28K to $42K. Total assets increased by 182.1% over the same period, from $21K to $59K. Total functional expenses fell by 8.8%, from $22K to $20K. In its most recent filing year (2024), Parents & Teachers Of Thortons Ferry School reported a surplus of $22K, with revenue exceeding expenses.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2024	$42K	$20K	$59K	$0	—	—
2023	$48K	$14K	$37K	$0	—	View 990
2022	$65K	$129K	$4K	$250	—	View 990
2021	$19K	$13K	$68K	$670	—	—
2020	$36K	$19K	$62K	$670	—	View 990
2019	$28K	$26K	$47K	$2K	—	View 990
2018	$52K	$50K	$46K	$3K	—	View 990
2017	$60K	$55K	$43K	$3K	—	View 990
2016	$63K	$50K	$34K	$99	—	View 990
2015	$63K	$57K	$23K	$2K	—	View 990
2014	$47K	$54K	$17K	$2K	—	View 990
2013	$37K	$39K	$23K	$1K	—	View 990
2012	$28K	$25K	$25K	$969	—	View 990
2011	$28K	$22K	$21K	$0	—	View 990

Year-by-Year Financial Summary

2024: Revenue of $42K, expenses of $20K, and assets of $59K (revenue -11.6% year-over-year).
2023: Revenue of $48K, expenses of $14K, and assets of $37K (revenue -27.3% year-over-year).
2022: Revenue of $65K, expenses of $129K, and assets of $4K (revenue +241.5% year-over-year).
2021: Revenue of $19K, expenses of $13K, and assets of $68K (revenue -46.3% year-over-year).
2020: Revenue of $36K, expenses of $19K, and assets of $62K (revenue +29.0% year-over-year).
2019: Revenue of $28K, expenses of $26K, and assets of $47K (revenue -47.2% year-over-year).
2018: Revenue of $52K, expenses of $50K, and assets of $46K (revenue -12.7% year-over-year).
2017: Revenue of $60K, expenses of $55K, and assets of $43K (revenue -5.2% year-over-year).
2016: Revenue of $63K, expenses of $50K, and assets of $34K (revenue +0.4% year-over-year).
2015: Revenue of $63K, expenses of $57K, and assets of $23K (revenue +33.3% year-over-year).
2014: Revenue of $47K, expenses of $54K, and assets of $17K (revenue +27.2% year-over-year).
2013: Revenue of $37K, expenses of $39K, and assets of $23K (revenue +35.2% year-over-year).
2012: Revenue of $28K, expenses of $25K, and assets of $25K (revenue -1.1% year-over-year).
2011: Revenue of $28K, expenses of $22K, and assets of $21K.

Data Sources and Methodology

This transparency report for Parents & Teachers Of Thortons Ferry School 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.