Tamworth Learning Circles Inc
Tamworth Learning Circles Inc. reports $0 in latest revenue and assets, indicating potential dormancy after a decade of declining financial activity.
EIN: 202646700 · Tamworth, NH · NTEE: B20 · Updated: 2026-03-28
About Tamworth Learning Circles Inc
Tamworth Learning Circles Inc (EIN: 202646700) is a nonprofit organization based in Tamworth, NH, classified under NTEE code B20. 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 Tamworth Learning Circles Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Tamworth Learning Circles Inc with a Mission Score of 60 out of 100 (Good). 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, Tamworth Learning Circles Inc 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
The organization consistently reports 0% officer compensation across all filings, indicating a volunteer-led structure and ensuring all funds are directed towards programs and administrative needs rather than executive salaries.
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 Tamworth Learning Circles Inc's IRS 990 filings:
- Latest reported revenue and assets are $0, indicating potential dormancy or cessation of operations.
- Consistent decline in revenue over the past decade, from $45,742 in 2013 to $6,594 in 2020.
- Negative assets reported in 2011 ($ -21), suggesting financial instability at that time.
Strengths
The following positive indicators were identified for Tamworth Learning Circles Inc:
- Consistent reporting of 0% officer compensation, indicating a volunteer-driven model and efficient use of funds for mission.
- Low liabilities reported across most years, suggesting responsible financial management when active.
Frequently Asked Questions about Tamworth Learning Circles Inc
Is Tamworth Learning Circles Inc. currently active?
The latest reported revenue and assets are $0, suggesting the organization may no longer be actively operating or has significantly scaled down its activities since its last reported financial activity in 2020.
What caused the significant decline in revenue from $45,742 in 2013 to $6,594 in 2020?
The provided data does not specify the reasons for the revenue decline, but it's a consistent trend over the past decade, indicating a potential reduction in funding sources or program scope.
How does the organization sustain itself with $0 in current revenue and assets?
With $0 in latest reported revenue and assets, the organization's current operational capacity is unclear. It may be dormant, in the process of dissolution, or operating on an extremely small, informal basis not reflected in the latest filing.
Filing History
IRS 990 filing history for Tamworth Learning Circles Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2020), Tamworth Learning Circles Inc's revenue has declined by 79%, moving from $31K to $7K. Total functional expenses fell by 79%, from $26K to $6K. In its most recent filing year (2020), Tamworth Learning Circles Inc reported a surplus of $1K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2020 | $7K | $6K | $6K | $0 | — | View 990 |
| 2019 | $8K | $10K | $5K | $0 | — | View 990 |
| 2018 | $15K | $13K | $9K | $0 | — | — |
| 2017 | $22K | $21K | $8K | $0 | — | View 990 |
| 2016 | $40K | $35K | $8K | $441 | — | View 990 |
| 2015 | $31K | $28K | $6K | $0 | — | View 990 |
| 2014 | $35K | $34K | $5K | $0 | — | View 990 |
| 2013 | $46K | $50K | $6K | $986 | — | View 990 |
| 2012 | $44K | $40K | $16K | $7K | — | View 990 |
| 2011 | $31K | $26K | $-21 | $-5,527 | — | View 990 |
Year-by-Year Financial Summary
- 2020: Revenue of $7K, expenses of $6K, and assets of $6K (revenue -20.8% year-over-year).
- 2019: Revenue of $8K, expenses of $10K, and assets of $5K (revenue -44.8% year-over-year).
- 2018: Revenue of $15K, expenses of $13K, and assets of $9K (revenue -30.2% year-over-year).
- 2017: Revenue of $22K, expenses of $21K, and assets of $8K (revenue -45.3% year-over-year).
- 2016: Revenue of $40K, expenses of $35K, and assets of $8K (revenue +27.8% year-over-year).
- 2015: Revenue of $31K, expenses of $28K, and assets of $6K (revenue -10.5% year-over-year).
- 2014: Revenue of $35K, expenses of $34K, and assets of $5K (revenue -24.5% year-over-year).
- 2013: Revenue of $46K, expenses of $50K, and assets of $6K (revenue +5.2% year-over-year).
- 2012: Revenue of $44K, expenses of $40K, and assets of $16K (revenue +38.4% year-over-year).
- 2011: Revenue of $31K, expenses of $26K, and assets of $-21.
Data Sources and Methodology
This transparency report for Tamworth Learning Circles 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.