Tamworth Pre School Inc
Tamworth Pre School Inc maintains stable operations with no reported officer compensation, experiencing occasional minor deficits.
EIN: 20270074 · Tamworth, NH · Updated: 2026-03-28
About Tamworth Pre School Inc
Tamworth Pre School Inc (EIN: 20270074) is a nonprofit organization based in Tamworth, NH. The organization reported total revenue of $254K and total assets of $77K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Tamworth Pre School 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 Pre School Inc 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: 90%
- fundraising: 0%
According to IRS 990 filings, Tamworth Pre School 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
Executive compensation is reported as 0% across all available filings, indicating that the organization's leadership is likely volunteer-based or compensated through means not classified as officer compensation, which is a strong positive for a non-profit of this 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 Tamworth Pre School Inc's IRS 990 filings:
- Occasional deficit spending (e.g., $18,860 in 2023, $32,679 in 2019)
Strengths
The following positive indicators were identified for Tamworth Pre School Inc:
- No reported officer compensation across all filings
- Consistent filing history demonstrating transparency
- Healthy asset-to-liability ratio
- Stable operational revenue over the past decade
Frequently Asked Questions about Tamworth Pre School Inc
Is Tamworth Pre School Inc financially stable?
Yes, the organization appears financially stable. While it has experienced occasional deficits (e.g., $18,860 in 2023), its assets consistently exceed liabilities (e.g., $131,095 in assets vs. $14,736 in liabilities in 2023), indicating a healthy balance sheet.
Does Tamworth Pre School Inc pay its officers?
Based on the provided IRS 990 data, Tamworth Pre School Inc reports 0% officer compensation across all available filings, suggesting that officers are not compensated or are volunteers.
How has Tamworth Pre School Inc's revenue trended over time?
Revenue has been relatively stable in recent years, generally ranging between $274,319 and $336,777, with a notable peak of $441,369 in 2012. The latest reported revenue for 2023 was $329,309.
What is the organization's asset-to-liability ratio?
The organization consistently maintains a strong asset-to-liability ratio. For example, in 2023, assets were $131,095 and liabilities were $14,736, indicating a very healthy financial position.
Filing History
IRS 990 filing history for Tamworth Pre School Inc showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2011–2023), Tamworth Pre School Inc's revenue has declined by 12.2%, moving from $375K to $329K. Total assets decreased by 22.2% over the same period, from $169K to $131K. Total functional expenses fell by 9%, from $383K to $348K. In its most recent filing year (2023), Tamworth Pre School Inc reported a deficit of $19K, with expenses exceeding revenue. The organization holds $15K in liabilities against $131K in assets (debt-to-asset ratio: 11.2%), resulting in net assets of $116K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $329K | $348K | $131K | $15K | — | View 990 |
| 2022 | $337K | $330K | $171K | $36K | — | View 990 |
| 2021 | $313K | $290K | $161K | $32K | — | View 990 |
| 2020 | $306K | $277K | $147K | $40K | — | — |
| 2019 | $322K | $354K | $124K | $47K | — | View 990 |
| 2018 | $331K | $335K | $155K | $45K | — | View 990 |
| 2017 | $274K | $318K | $159K | $45K | — | View 990 |
| 2016 | $294K | $280K | $198K | $41K | — | View 990 |
| 2014 | $279K | $277K | $173K | $45K | — | View 990 |
| 2012 | $441K | $407K | $198K | $79K | — | View 990 |
| 2011 | $375K | $383K | $169K | $83K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $329K, expenses of $348K, and assets of $131K (revenue -2.2% year-over-year).
- 2022: Revenue of $337K, expenses of $330K, and assets of $171K (revenue +7.7% year-over-year).
- 2021: Revenue of $313K, expenses of $290K, and assets of $161K (revenue +2.0% year-over-year).
- 2020: Revenue of $306K, expenses of $277K, and assets of $147K (revenue -4.7% year-over-year).
- 2019: Revenue of $322K, expenses of $354K, and assets of $124K (revenue -2.8% year-over-year).
- 2018: Revenue of $331K, expenses of $335K, and assets of $155K (revenue +20.6% year-over-year).
- 2017: Revenue of $274K, expenses of $318K, and assets of $159K (revenue -6.7% year-over-year).
- 2016: Revenue of $294K, expenses of $280K, and assets of $198K (revenue +5.4% year-over-year).
- 2014: Revenue of $279K, expenses of $277K, and assets of $173K (revenue -36.8% year-over-year).
- 2012: Revenue of $441K, expenses of $407K, and assets of $198K (revenue +17.7% year-over-year).
- 2011: Revenue of $375K, expenses of $383K, and assets of $169K.
Data Sources and Methodology
This transparency report for Tamworth Pre School 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.