Portsmouth Aikido
EIN: 270679219 · Portsmouth, NH · NTEE: B99
| Metric | Value |
|---|---|
| Total Revenue | $104K |
| Total Expenses | $174K |
| Net Assets | $17K |
Is Portsmouth Aikido Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Portsmouth Aikido
Portsmouth Aikido (EIN: 270679219) is a nonprofit organization based in Portsmouth, NH, classified under NTEE code B99. The organization reported total revenue of $104K and total assets of $11K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Portsmouth Aikido's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Portsmouth Aikido is a small nonprofit that has been operating for 16 years, with 8 years of IRS 990 filings on record (2016–2023). Revenue has grown at a compound annual rate of 18.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $171K |
| Total Expenses | $174K |
| Surplus / Deficit | $-2,507 |
| Total Assets | $17K |
| Total Liabilities | $226 |
| Net Assets | $17K |
| Operating Margin | -1.5% |
| Debt-to-Asset Ratio | 1.3% |
| Months of Reserves | 1.2 months |
Financial Health Grade: C
In 2023, Portsmouth Aikido reported a deficit of $3K with expenses exceeding revenue, holds 1.2 months of operating reserves (limited), has a debt-to-asset ratio of 1.3% (very low leverage).
Financial Trends
Over 8 years of filings (2016–2023), Portsmouth Aikido's revenue has grown at a compound annual growth rate (CAGR) of 18.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +75.8% | +70.3% | -11.7% |
| 2022 | +11.3% | +34.4% | -19.3% |
| 2021 | +27.6% | +17.2% | +92.4% |
| 2020 | -13.2% | -18.8% | +43.1% |
| 2019 | +13.9% | +15.6% | -8.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2010 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Portsmouth Aikido has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Portsmouth Aikido with a Mission Score of 0 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.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $3K, with expenses exceeding revenue.
- Debt-to-asset ratio: 1.3%.
Frequently Asked Questions about Portsmouth Aikido
Is Portsmouth Aikido a legitimate charity?
Portsmouth Aikido (EIN: 270679219) is a registered tax-exempt nonprofit based in New Hampshire. It has 8 years of IRS 990 filings on record. Total revenue: $104K. No red flags identified. Financial health grade: C.
How does Portsmouth Aikido spend its money?
Portsmouth Aikido reported $104K in total revenue in IRS 990 filings. 8 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Portsmouth Aikido tax-deductible?
Portsmouth Aikido is registered as a tax-exempt nonprofit (EIN: 270679219). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Portsmouth Aikido located?
Portsmouth Aikido is headquartered in Portsmouth, New Hampshire and files with the IRS under EIN 270679219. It is classified under NTEE code B99.
How many years of IRS 990 filings does Portsmouth Aikido have?
Portsmouth Aikido has 8 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 $104K in total revenue.
Filing History
IRS 990 filing history for Portsmouth Aikido showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2016–2023), Portsmouth Aikido's revenue has grown by 233.5%, moving from $51K to $171K. Total assets increased by 164.8% over the same period, from $6K to $17K. Total functional expenses rose by 231.4%, from $52K to $174K. In its most recent filing year (2023), Portsmouth Aikido reported a deficit of $3K, with expenses exceeding revenue. The organization holds $226 in liabilities against $17K in assets (debt-to-asset ratio: 1.3%), resulting in net assets of $17K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $171K | $174K | $17K | $226 | — | — |
| 2022 | $97K | $102K | $19K | $0 | — | View 990 |
| 2021 | $87K | $76K | $24K | $0 | — | View 990 |
| 2020 | $69K | $65K | $13K | $0 | — | — |
| 2019 | $79K | $80K | $9K | $0 | — | View 990 |
| 2018 | $69K | $69K | $10K | $0 | — | View 990 |
| 2017 | $72K | $66K | $13K | $0 | — | View 990 |
| 2016 | $51K | $52K | $6K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $171K, expenses of $174K, and assets of $17K (revenue +75.8% year-over-year).
- 2022: Revenue of $97K, expenses of $102K, and assets of $19K (revenue +11.3% year-over-year).
- 2021: Revenue of $87K, expenses of $76K, and assets of $24K (revenue +27.6% year-over-year).
- 2020: Revenue of $69K, expenses of $65K, and assets of $13K (revenue -13.2% year-over-year).
- 2019: Revenue of $79K, expenses of $80K, and assets of $9K (revenue +13.9% year-over-year).
- 2018: Revenue of $69K, expenses of $69K, and assets of $10K (revenue -3.8% year-over-year).
- 2017: Revenue of $72K, expenses of $66K, and assets of $13K (revenue +40.6% year-over-year).
- 2016: Revenue of $51K, expenses of $52K, and assets of $6K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Portsmouth Aikido:
Data Sources and Methodology
This transparency report for Portsmouth Aikido 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.