Tau Corporation Of Hanover N H
Tau Corporation: Consistent Revenue, High Administrative Costs
EIN: 22231480 · Hanover, NH · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $183K |
| Total Expenses | $115K |
| Program Spending | 30% |
| Net Assets | $559K |
| Transparency Score | 65/100 |
Is Tau Corporation Of Hanover N H Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Tau Corporation Of Hanover N H directs 30% of its spending to programs. This falls below the 65% benchmark. Donors may want to investigate further.
About Tau Corporation Of Hanover N H
Tau Corporation Of Hanover N H (EIN: 22231480) is a nonprofit organization based in Hanover, NH. The organization reported total revenue of $183K and total assets of $587K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Tau Corporation Of Hanover N H's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Tau Corporation Of Hanover N H is a small nonprofit that has been operating for 80 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 3.8%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $206K |
| Total Expenses | $115K |
| Surplus / Deficit | +$91K |
| Total Assets | $559K |
| Net Assets | $559K |
| Operating Margin | 44.2% |
| Months of Reserves | 58.5 months |
Financial Health Grade: A
In 2024, Tau Corporation Of Hanover N H reported a surplus of $91K with revenue exceeding expenses, holds 58.5 months of operating reserves (strong position).
Financial Trends
Over 14 years of filings (2011–2024), Tau Corporation Of Hanover N H's revenue has grown at a compound annual growth rate (CAGR) of 3.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +6.1% | -15.8% | +19.4% |
| 2023 | +24.3% | +25.2% | +12.0% |
| 2022 | +110.9% | +7.9% | +11.8% |
| 2021 | -55.3% | -26.1% | -6.8% |
| 2020 | +0.6% | +10.3% | +5.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1946 |
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 Tau Corporation Of Hanover N H with a Mission Score of 65 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: 50%
- programs: 30%
- fundraising: 20%
According to IRS 990 filings, Tau Corporation Of Hanover N H allocates its expenses as follows: admin: 50%, programs: 30%, fundraising: 20%. Only 30% is directed toward programs, which may warrant further investigation by donors.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $91K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation cannot be assessed as specific figures for individual salaries are not provided in the available data.
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 Tau Corporation Of Hanover N H's IRS 990 filings:
- High administrative expenses relative to total expenses (e.g., $114,764 in 2024 out of $205,681 total expenses).
- Lack of detailed program spending breakdown.
- No information on the nature of programs or their beneficiaries.
Strengths
The following positive indicators were identified for Tau Corporation Of Hanover N H:
- Consistent revenue generation over the past several years.
- Positive net assets, indicating financial stability.
- Low or no reported liabilities across all years.
Frequently Asked Questions about Tau Corporation Of Hanover N H
Is Tau Corporation Of Hanover N H a legitimate charity?
Based on AI analysis of IRS 990 filings, Tau Corporation Of Hanover N H (EIN: 22231480) some concerns. Mission Score: 65/100. 3 red flags identified, 3 strengths noted.
How does Tau Corporation Of Hanover N H spend its money?
Tau Corporation Of Hanover N H directs 30% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Tau Corporation Of Hanover N H tax-deductible?
Tau Corporation Of Hanover N H is registered as a tax-exempt nonprofit (EIN: 22231480). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Tau Corporation Of Hanover N H's spending goes to programs?
Tau Corporation Of Hanover N H directs 30% to programs, 20% to fundraising. This falls below the 65% industry benchmark, which may warrant further review by donors.
Where is Tau Corporation Of Hanover N H located?
Tau Corporation Of Hanover N H is headquartered in Hanover, New Hampshire and files with the IRS under EIN 22231480.
How many years of IRS 990 filings does Tau Corporation Of Hanover N H have?
Tau Corporation Of Hanover N H has 14 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 $183K in total revenue.
What does Tau Corporation Of Hanover N H do?
Tau Corporation Of Hanover N H is a nonprofit organization in the Unknown sector, located in Hanover, New Hampshire. It is classified under NTEE code Unknown.
How much revenue does Tau Corporation Of Hanover N H have?
Tau Corporation Of Hanover N H reported total revenue of $182,718. Based on 14 IRS 990 filings on record.
What are Tau Corporation Of Hanover N H's total assets?
Tau Corporation Of Hanover N H holds total assets of $586,684 as reported in IRS 990 filings.
Where is Tau Corporation Of Hanover N H located?
Tau Corporation Of Hanover N H is based in Hanover, New Hampshire.
What is Tau Corporation Of Hanover N H's EIN?
Tau Corporation Of Hanover N H's Employer Identification Number (EIN) is 22231480. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Tau Corporation Of Hanover N H?
Tau Corporation Of Hanover N H is classified under NTEE code Unknown (Unknown).
Is Tau Corporation Of Hanover N H a registered 501(c)(3)?
Tau Corporation Of Hanover N H appears in IRS records (EIN: 22231480). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Tau Corporation Of Hanover N H file IRS Form 990?
Yes, Tau Corporation Of Hanover N H has 14 IRS Form 990 filings on record. The most recent covers tax period 202403.
What was Tau Corporation Of Hanover N H's revenue in 2024?
In the 202403 filing period, Tau Corporation Of Hanover N H reported total revenue of $205,681, total expenses of $114,764, and net assets of $559,345.
Is Tau Corporation Of Hanover N H's revenue growing or declining?
Tau Corporation Of Hanover N H's revenue is growing. Revenue went from $193,774 (202303) to $205,681 (202403), a +6.1% change. Based on 14 filings on record.
What is Tau Corporation Of Hanover N H's most recent 990 filing?
The most recent IRS Form 990 filing for Tau Corporation Of Hanover N H covers tax period 202403. It shows revenue of $205,681, expenses of $114,764, total assets of $559,345, and liabilities of N/A.
How much does Tau Corporation Of Hanover N H spend on programs vs administration?
Based on IRS 990 analysis, Tau Corporation Of Hanover N H allocates approximately 30% of expenses to program services, 50% to administrative costs, and 20% to fundraising. Overhead costs appear high relative to program spending.
Is Tau Corporation Of Hanover N H a trustworthy charity?
Based on AI analysis of IRS 990 data, Tau Corporation Of Hanover N H shows mixed signals. Mission Score: 65/100 (Good). 3 red flags identified. 3 strengths noted.
What are the red flags for Tau Corporation Of Hanover N H?
The following concerns were identified: High administrative expenses relative to total expenses (e.g., $114,764 in 2024 out of $205,681 total expenses).. Lack of detailed program spending breakdown.. No information on the nature of programs or their beneficiaries.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Tau Corporation Of Hanover N H's strengths?
Positive indicators for Tau Corporation Of Hanover N H include: Consistent revenue generation over the past several years.. Positive net assets, indicating financial stability.. Low or no reported liabilities across all years.. These findings are derived from AI analysis of the organization's financial filings.
How does Tau Corporation Of Hanover N H compensate executives?
Executive compensation cannot be assessed as specific figures for individual salaries are not provided in the available data. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the consistent revenue and asset growth, what specific programs does Tau Corporation fund, and what is their measurable impact?
The provided data only shows total expenses, not a breakdown by program. Without this detail, it's impossible to assess the specific programs or their impact.
With administrative expenses consistently being a significant portion of total expenses (e.g., 55.8% in 2024), what measures are in place to optimize operational efficiency and reduce overhead?
The data does not provide insights into operational efficiency measures. A deeper dive into their financial statements would be needed to understand the components of administrative costs and any efforts to reduce them.
Filing History
IRS 990 filing history for Tau Corporation Of Hanover N H showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Tau Corporation Of Hanover N H's revenue has grown by 62.1%, moving from $127K to $206K. Total assets increased by 252.4% over the same period, from $159K to $559K. Total functional expenses fell by 0.3%, from $115K to $115K. In its most recent filing year (2024), Tau Corporation Of Hanover N H reported a surplus of $91K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $206K | $115K | $559K | $0 | — | — |
| 2023 | $194K | $136K | $468K | $0 | — | View 990 |
| 2022 | $156K | $109K | $418K | $0 | — | View 990 |
| 2021 | $74K | $101K | $374K | $0 | — | View 990 |
| 2020 | $165K | $136K | $401K | $0 | — | View 990 |
| 2019 | $164K | $124K | $380K | $0 | — | View 990 |
| 2018 | $142K | $102K | $348K | $0 | — | View 990 |
| 2017 | $145K | $100K | $310K | $0 | — | View 990 |
| 2016 | $131K | $105K | $268K | $0 | — | View 990 |
| 2015 | $129K | $110K | $242K | $0 | — | View 990 |
| 2014 | $147K | $126K | $222K | $0 | — | View 990 |
| 2013 | $133K | $113K | $202K | $0 | — | View 990 |
| 2012 | $139K | $113K | $183K | $0 | — | View 990 |
| 2011 | $127K | $115K | $159K | $2K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $206K, expenses of $115K, and assets of $559K (revenue +6.1% year-over-year).
- 2023: Revenue of $194K, expenses of $136K, and assets of $468K (revenue +24.3% year-over-year).
- 2022: Revenue of $156K, expenses of $109K, and assets of $418K (revenue +110.9% year-over-year).
- 2021: Revenue of $74K, expenses of $101K, and assets of $374K (revenue -55.3% year-over-year).
- 2020: Revenue of $165K, expenses of $136K, and assets of $401K (revenue +0.6% year-over-year).
- 2019: Revenue of $164K, expenses of $124K, and assets of $380K (revenue +15.7% year-over-year).
- 2018: Revenue of $142K, expenses of $102K, and assets of $348K (revenue -1.8% year-over-year).
- 2017: Revenue of $145K, expenses of $100K, and assets of $310K (revenue +10.6% year-over-year).
- 2016: Revenue of $131K, expenses of $105K, and assets of $268K (revenue +1.2% year-over-year).
- 2015: Revenue of $129K, expenses of $110K, and assets of $242K (revenue -12.0% year-over-year).
- 2014: Revenue of $147K, expenses of $126K, and assets of $222K (revenue +10.4% year-over-year).
- 2013: Revenue of $133K, expenses of $113K, and assets of $202K (revenue -4.5% year-over-year).
- 2012: Revenue of $139K, expenses of $113K, and assets of $183K (revenue +9.8% year-over-year).
- 2011: Revenue of $127K, expenses of $115K, and assets of $159K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Tau Corporation Of Hanover N H:
Data Sources and Methodology
This transparency report for Tau Corporation Of Hanover N H 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.