Tamworth Village Association

Tamworth Village Association reports $474,628 deficit in 2019 with assets plummeting from $485,762 to $10,209.

EIN: 20513543 · Tamworth, NH · NTEE: S20 · Updated: 2026-03-28

$18KRevenue
$10KAssets
45/100Mission Score (Fair)
S20
Tamworth Village Association Financial Summary
MetricValue
Total Revenue$18K
Total Expenses$493K
Program Spending80%
Net Assets$10K
Transparency Score45/100

Search Intent Cockpit

Tamworth Village Association Form 990, Revenue, CEO Pay, and IRS Filing Signals

Tamworth Village Association is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around Tamworth Village Association in one place.

Form 990 Filing Summary

9 filing years are available, with latest revenue of $18K and expenses of $493K.

Revenue and Expenses

Tamworth Village Association reported $18K in revenue and $493K in expenses, a deficit of $475K.

Executive Compensation

Officer, director, trustee, and key employee pay is reviewed from IRS 990 compensation disclosures when present.

Charity Score and Red Flags

45/100 mission score, 4 red flags, and 2 strengths are shown from structured and AI review.

Is Tamworth Village Association Legit?

Significant Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
ModerateTransparency
4 FoundRed Flags

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

IRS 990 Data Cockpit

Where the Money Comes From and Where It Goes

PendingDonor/Grant Funding
80%Program Expense
$0Grants Paid
9Stored Filing Years

Revenue Source Mix

Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.

Expense Deployment

Tamworth Village Association Expense Deployment
Program services$394K (80%)

Across stored filings, Tamworth Village Association shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.

Decision Cockpit

One-Stop Donor, Research, and Peer Context Hub

Tamworth Village Association Donor Decision Matrix
Decision LensSignalWhat to Inspect Next
LegitimacySignificant ConcernsGood filing record; 4 red flags identified
Mission spend80% to programsExcellent
Financial durabilityGrade C9 stored filing years
Peer contextCompare with Hellenic Society Paideia Of New HampshireNew Hampshire and Community Improvement context

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Tamworth Village Association directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Tamworth Village Association

Tamworth Village Association (EIN: 20513543) is a nonprofit organization based in Tamworth, NH, classified under NTEE code S20. The organization reported total revenue of $18K and total assets of $10K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Tamworth Village Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

25Years Operating
MicroSize Classification
9Years of Filings
MixedRevenue Trajectory

Tamworth Village Association is a micro nonprofit that has been operating for 25 years, with 9 years of IRS 990 filings on record (2011–2019). Revenue has grown at a compound annual rate of 4.4%.

Key Financial Metrics (2019)

From the most recent IRS 990 filing on record:

Total Revenue$18K
Total Expenses$493K
Surplus / Deficit$-474,628
Total Assets$10K
Total Liabilities$285
Net Assets$10K
Operating Margin-2645.2%
Debt-to-Asset Ratio2.8%
Months of Reserves0.2 months

Financial Health Grade: C

In 2019, Tamworth Village Association reported a deficit of $475K with expenses exceeding revenue, holds 0.2 months of operating reserves (limited), has a debt-to-asset ratio of 2.8% (very low leverage).

Financial Trends

Over 9 years of filings (2011–2019), Tamworth Village Association's revenue has grown at a compound annual growth rate (CAGR) of 4.4%.

YearRevenue ChangeExpense ChangeAsset Change
2019-60.0%+1987.2%-97.9%
2018-84.8%-91.1%+3.3%
2017+1072.5%+1081.5%+8.4%
2016+1227.4%+30.3%+0.6%
2015-83.0%+9.5%-3.4%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date2001

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

The Tamworth Village Association exhibits highly inconsistent financial activity over the past decade. While the organization reported assets of $10,209 in 2019, this is a significant decrease from its peak of $485,762 in 2018 and $470,159 in 2017. The most recent filing for 2019 shows a concerning financial position, with expenses of $492,571 far exceeding revenue of $17,943, resulting in a substantial deficit. This indicates a potential reliance on prior year reserves or significant debt, although liabilities were reported as only $285 in 2019. The lack of officer compensation across all reported periods suggests a volunteer-driven leadership, which can be a positive for efficiency, but the dramatic swings in revenue and expenses warrant further investigation into the nature of their operations and funding model. The organization's spending efficiency is difficult to assess without a detailed breakdown of expenses into program, administrative, and fundraising categories. However, the 2019 deficit of over $470,000 raises serious questions about financial sustainability and planning. The significant drop in assets from 2018 to 2019, coupled with high expenses, suggests a major operational change or a one-time event that depleted resources. Transparency could be improved by providing more context for these large financial fluctuations and detailing how the substantial expenses in 2019 were allocated, especially given the relatively low revenue. Overall, the Tamworth Village Association's financial health appears volatile. While the consistent reporting of zero officer compensation is a positive indicator of volunteer commitment, the extreme disparity between revenue and expenses in the latest filing, alongside the sharp decline in assets, points to significant financial challenges or a major restructuring that is not immediately clear from the summary data. A deeper dive into the full 990 forms would be necessary to understand the specific causes of these financial shifts and to fully evaluate their long-term viability and impact.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Tamworth Village Association with a Mission Score of 45 out of 100 (Fair). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

  • admin: 15%
  • programs: 80%
  • fundraising: 5%

According to IRS 990 filings, Tamworth Village Association allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.

Key Financial Metrics (2019)

From the most recent IRS 990 filing on record:

$18KTotal Revenue
$493KTotal Expenses
$10KTotal Assets
$285Total Liabilities
$10KNet Assets
  • The organization reported a deficit of $475K, with expenses exceeding revenue.
  • Debt-to-asset ratio: 2.8%.

Executive Compensation Analysis

Executive compensation has consistently been reported as 0% across all available filings, indicating a volunteer-led organization, which can be a positive for minimizing overhead costs.

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 Village Association's IRS 990 filings:

  • Extreme financial volatility with significant year-over-year changes in revenue, expenses, and assets.
  • Substantial deficit of $474,628 in 2019, with expenses ($492,571) far exceeding revenue ($17,943).
  • Dramatic decrease in assets from $485,762 in 2018 to $10,209 in 2019, indicating potential asset depletion or transfer.
  • Inconsistent revenue streams, making long-term financial planning and sustainability challenging.

Strengths

The following positive indicators were identified for Tamworth Village Association:

  • Consistent reporting of 0% officer compensation, indicating a volunteer-led organization and potentially lower administrative overhead.
  • Long filing history (9 filings), suggesting a sustained presence in the community.

Frequently Asked Questions about Tamworth Village Association

Is Tamworth Village Association a legitimate charity?

Tamworth Village Association (EIN: 20513543) is a registered tax-exempt nonprofit based in New Hampshire. Our AI analysis gives it a Mission Score of 45/100. It has 9 years of IRS 990 filings on record. Total revenue: $18K. 4 red flags identified. 2 strengths noted. Financial health grade: C.

How does Tamworth Village Association spend its money?

Tamworth Village Association directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.

Are donations to Tamworth Village Association tax-deductible?

Tamworth Village Association is registered as a tax-exempt nonprofit (EIN: 20513543). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

What percentage of Tamworth Village Association's spending goes to programs?

Tamworth Village Association directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

How does Tamworth Village Association compare to similar nonprofits?

With a transparency score of 45/100 (Fair), Tamworth Village Association is near average for NTEE category S20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is Tamworth Village Association located?

Tamworth Village Association is headquartered in Tamworth, New Hampshire and files with the IRS under EIN 20513543. It is classified under NTEE code S20.

How many years of IRS 990 filings does Tamworth Village Association have?

Tamworth Village Association has 9 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 $18K in total revenue.

Is Tamworth Village Association a good charity?

Based on the provided data, it's difficult to definitively say. While they report 0% officer compensation, suggesting volunteer leadership, the extreme financial volatility, particularly the large deficit and asset depletion in 2019, raises significant concerns about financial stability and operational effectiveness. Further investigation into the nature of their expenses and the reasons for these fluctuations is needed.

What caused the massive drop in assets and the large deficit in 2019?

The provided summary data does not specify the exact cause. The organization's assets decreased from $485,762 in 2018 to $10,209 in 2019, while expenses ($492,571) far outstripped revenue ($17,943). This could indicate a major capital expenditure, a significant program investment, a one-time loss, or a substantial transfer of assets, but the specific details are not available in this summary.

How does Tamworth Village Association fund its operations given the low revenue in some years?

The organization's revenue has been highly inconsistent, ranging from $1,901 in 2015 to $295,861 in 2017. In years with low revenue, such as 2019 ($17,943), the organization appears to have relied heavily on existing assets or incurred significant deficits, as evidenced by the $474,628 deficit in 2019. This suggests a reliance on reserves, grants, or other non-recurring income sources in certain periods.

Filing History

IRS 990 filing history for Tamworth Village Association showing financial trends over 9 years of public records:

Over 9 years of IRS 990 filings (2011–2019), Tamworth Village Association's revenue has grown by 40.8%, moving from $13K to $18K. Total assets decreased by 97.8% over the same period, from $474K to $10K. Total functional expenses rose by 503.9%, from $82K to $493K. In its most recent filing year (2019), Tamworth Village Association reported a deficit of $475K, with expenses exceeding revenue. The organization holds $285 in liabilities against $10K in assets (debt-to-asset ratio: 2.8%), resulting in net assets of $10K.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2019 $18K $493K $10K $285 View 990
2018 $45K $24K $486K $1K
2017 $296K $266K $470K $7K View 990
2016 $25K $23K $434K $0 View 990
2015 $2K $17K $431K $0 View 990
2014 $11K $16K $447K $0 View 990
2013 $11K $20K $451K $0 View 990
2012 $12K $26K $460K $0 View 990
2011 $13K $82K $474K $0 View 990

Year-by-Year Financial Summary

  • 2019: Revenue of $18K, expenses of $493K, and assets of $10K (revenue -60.0% year-over-year).
  • 2018: Revenue of $45K, expenses of $24K, and assets of $486K (revenue -84.8% year-over-year).
  • 2017: Revenue of $296K, expenses of $266K, and assets of $470K (revenue +1072.5% year-over-year).
  • 2016: Revenue of $25K, expenses of $23K, and assets of $434K (revenue +1227.4% year-over-year).
  • 2015: Revenue of $2K, expenses of $17K, and assets of $431K (revenue -83.0% year-over-year).
  • 2014: Revenue of $11K, expenses of $16K, and assets of $447K (revenue -2.2% year-over-year).
  • 2013: Revenue of $11K, expenses of $20K, and assets of $451K (revenue -8.2% year-over-year).
  • 2012: Revenue of $12K, expenses of $26K, and assets of $460K (revenue -2.4% year-over-year).
  • 2011: Revenue of $13K, expenses of $82K, and assets of $474K.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Tamworth Village Association:

2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for Tamworth Village Association 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.

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