Portsmouth Regional Hospital Medical Staff Educational Fund
Portsmouth Regional Hospital Medical Staff Educational Fund reports significant deficit in 2023 despite revenue growth.
EIN: 20439740 · Portsmouth, NH · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $142K |
| Total Expenses | $230K |
| Program Spending | 85% |
| Net Assets | $116K |
| Transparency Score | 85/100 |
Is Portsmouth Regional Hospital Medical Staff Educational Fund Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Portsmouth Regional Hospital Medical Staff Educational Fund directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Portsmouth Regional Hospital Medical Staff Educational Fund
Portsmouth Regional Hospital Medical Staff Educational Fund (EIN: 20439740) is a nonprofit organization based in Portsmouth, NH. The organization reported total revenue of $142K and total assets of $108K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Portsmouth Regional Hospital Medical Staff Educational Fund's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Portsmouth Regional Hospital Medical Staff Educational Fund is a small nonprofit that has been operating for 34 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 8.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $161K |
| Total Expenses | $230K |
| Surplus / Deficit | $-69,131 |
| Total Assets | $116K |
| Net Assets | $116K |
| Operating Margin | -42.8% |
| Months of Reserves | 6.0 months |
Financial Health Grade: B
In 2023, Portsmouth Regional Hospital Medical Staff Educational Fund reported a deficit of $69K with expenses exceeding revenue, holds 6.0 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Portsmouth Regional Hospital Medical Staff Educational Fund's revenue has grown at a compound annual growth rate (CAGR) of 8.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +50.9% | +166.9% | -37.3% |
| 2022 | +31.8% | +33.5% | +12.5% |
| 2021 | +22.9% | -37.6% | +11.1% |
| 2020 | -32.2% | -17.3% | -20.3% |
| 2019 | -22.6% | +65.0% | -13.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1992 |
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 Portsmouth Regional Hospital Medical Staff Educational Fund 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, Portsmouth Regional Hospital Medical Staff Educational Fund 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 $69K, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that the organization is likely volunteer-led or has no paid officers, which is highly efficient for a nonprofit of its size.
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 Portsmouth Regional Hospital Medical Staff Educational Fund's IRS 990 filings:
- Significant deficit in 2023 ($69,131) where expenses ($230,481) far exceeded revenue ($161,350).
- Assets decreased by over 37% from $185,120 in 2022 to $115,989 in 2023 due to the deficit.
Strengths
The following positive indicators were identified for Portsmouth Regional Hospital Medical Staff Educational Fund:
- Consistent history of no reported liabilities across all 13 filings.
- 0% officer compensation reported, indicating highly efficient and likely volunteer-led governance.
- Long history of IRS 990 filings demonstrates transparency and compliance.
- Maintained assets above $100,000 for most of its history, providing a financial cushion.
Frequently Asked Questions about Portsmouth Regional Hospital Medical Staff Educational Fund
Is Portsmouth Regional Hospital Medical Staff Educational Fund a legitimate charity?
Portsmouth Regional Hospital Medical Staff Educational Fund (EIN: 20439740) is a registered tax-exempt nonprofit based in New Hampshire. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $142K. 2 red flags identified. 4 strengths noted. Financial health grade: B.
How does Portsmouth Regional Hospital Medical Staff Educational Fund spend its money?
Portsmouth Regional Hospital Medical Staff Educational Fund directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Portsmouth Regional Hospital Medical Staff Educational Fund tax-deductible?
Portsmouth Regional Hospital Medical Staff Educational Fund is registered as a tax-exempt nonprofit (EIN: 20439740). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Portsmouth Regional Hospital Medical Staff Educational Fund's spending goes to programs?
Portsmouth Regional Hospital Medical Staff Educational Fund directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Portsmouth Regional Hospital Medical Staff Educational Fund located?
Portsmouth Regional Hospital Medical Staff Educational Fund is headquartered in Portsmouth, New Hampshire and files with the IRS under EIN 20439740.
How many years of IRS 990 filings does Portsmouth Regional Hospital Medical Staff Educational Fund have?
Portsmouth Regional Hospital Medical Staff Educational Fund 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 $142K in total revenue.
Is Portsmouth Regional Hospital Medical Staff Educational Fund financially stable?
The organization has historically been stable with no liabilities. However, the 2023 filing shows expenses of $230,481 significantly exceeding revenue of $161,350, resulting in a deficit that reduced assets from $185,120 to $115,989. This recent trend warrants closer monitoring.
How does the organization manage its administrative costs?
With 0% reported officer compensation across all filings, the organization demonstrates extremely low administrative overhead related to executive salaries. While specific administrative expense ratios are not provided, this suggests a highly efficient, likely volunteer-driven, administrative structure.
What caused the large increase in expenses in 2023?
The provided data does not specify the nature of the $230,481 in expenses for 2023. A detailed functional expense statement from the full 990 filing would be needed to understand if this was due to increased program activities, one-time costs, or other factors.
Filing History
IRS 990 filing history for Portsmouth Regional Hospital Medical Staff Educational Fund showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Portsmouth Regional Hospital Medical Staff Educational Fund's revenue has grown by 170.3%, moving from $60K to $161K. Total assets increased by 134.6% over the same period, from $49K to $116K. Total functional expenses rose by 241.8%, from $67K to $230K. In its most recent filing year (2023), Portsmouth Regional Hospital Medical Staff Educational Fund reported a deficit of $69K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $161K | $230K | $116K | $0 | — | View 990 |
| 2022 | $107K | $86K | $185K | $0 | — | — |
| 2021 | $81K | $65K | $165K | $0 | — | View 990 |
| 2020 | $66K | $104K | $148K | $0 | — | View 990 |
| 2019 | $97K | $125K | $186K | $0 | — | View 990 |
| 2018 | $126K | $76K | $214K | $0 | — | View 990 |
| 2017 | $107K | $76K | $164K | $0 | — | View 990 |
| 2016 | $92K | $83K | $134K | $0 | — | View 990 |
| 2015 | $101K | $38K | $124K | $0 | — | View 990 |
| 2014 | $92K | $99K | $61K | $0 | — | View 990 |
| 2013 | $105K | $105K | $69K | $0 | — | View 990 |
| 2012 | $69K | $50K | $68K | $0 | — | View 990 |
| 2011 | $60K | $67K | $49K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $161K, expenses of $230K, and assets of $116K (revenue +50.9% year-over-year).
- 2022: Revenue of $107K, expenses of $86K, and assets of $185K (revenue +31.8% year-over-year).
- 2021: Revenue of $81K, expenses of $65K, and assets of $165K (revenue +22.9% year-over-year).
- 2020: Revenue of $66K, expenses of $104K, and assets of $148K (revenue -32.2% year-over-year).
- 2019: Revenue of $97K, expenses of $125K, and assets of $186K (revenue -22.6% year-over-year).
- 2018: Revenue of $126K, expenses of $76K, and assets of $214K (revenue +17.4% year-over-year).
- 2017: Revenue of $107K, expenses of $76K, and assets of $164K (revenue +16.4% year-over-year).
- 2016: Revenue of $92K, expenses of $83K, and assets of $134K (revenue -8.8% year-over-year).
- 2015: Revenue of $101K, expenses of $38K, and assets of $124K (revenue +9.7% year-over-year).
- 2014: Revenue of $92K, expenses of $99K, and assets of $61K (revenue -12.7% year-over-year).
- 2013: Revenue of $105K, expenses of $105K, and assets of $69K (revenue +53.2% year-over-year).
- 2012: Revenue of $69K, expenses of $50K, and assets of $68K (revenue +15.2% year-over-year).
- 2011: Revenue of $60K, expenses of $67K, and assets of $49K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Portsmouth Regional Hospital Medical Staff Educational Fund:
Data Sources and Methodology
This transparency report for Portsmouth Regional Hospital Medical Staff Educational Fund 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.