The Wilmot Learning Place
The Wilmot Learning Place consistently operates with a surplus and zero executive compensation.
EIN: 20363894 · Wilmot, NH · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $174K |
| Total Expenses | $149K |
| Program Spending | 90% |
| Net Assets | $178K |
| Transparency Score | 95/100 |
Is The Wilmot Learning Place Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
The Wilmot Learning Place directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About The Wilmot Learning Place
The Wilmot Learning Place (EIN: 20363894) is a nonprofit organization based in Wilmot, NH. The organization reported total revenue of $174K and total assets of $178K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Wilmot Learning Place's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The Wilmot Learning Place is a small nonprofit that has been operating for 40 years, with 13 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of 3.9%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $168K |
| Total Expenses | $149K |
| Surplus / Deficit | +$19K |
| Total Assets | $178K |
| Net Assets | $178K |
| Operating Margin | 11.3% |
| Months of Reserves | 14.3 months |
Financial Health Grade: A
In 2024, The Wilmot Learning Place reported a surplus of $19K with revenue exceeding expenses, holds 14.3 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2012–2024), The Wilmot Learning Place's revenue has grown at a compound annual growth rate (CAGR) of 3.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +7.0% | -3.8% | +12.0% |
| 2023 | +7.3% | +2.0% | +1.4% |
| 2022 | -25.0% | -0.6% | -3.3% |
| 2021 | +43.6% | +12.3% | +9.2% |
| 2020 | -14.7% | -7.7% | +24.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1986 |
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 The Wilmot Learning Place with a Mission Score of 95 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: 8%
- programs: 90%
- fundraising: 2%
According to IRS 990 filings, The Wilmot Learning Place allocates its expenses as follows: admin: 8%, programs: 90%, fundraising: 2%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $19K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no salaries are paid to officers. This is highly unusual for an organization of its size and suggests a volunteer-led or very lean leadership structure, allowing more funds to be directed to its mission.
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.
Strengths
The following positive indicators were identified for The Wilmot Learning Place:
- Consistent positive net income (e.g., $19,019 surplus in 202406).
- Zero officer compensation reported across all filings, indicating high efficiency.
- Steady growth in assets, reaching $177,744 in the latest period.
- Zero liabilities reported in most recent filings, demonstrating strong financial health.
- Consistent filing of IRS 990s over 13 periods, indicating transparency.
Frequently Asked Questions about The Wilmot Learning Place
Is The Wilmot Learning Place a legitimate charity?
Based on AI analysis of IRS 990 filings, The Wilmot Learning Place (EIN: 20363894) appears legitimate. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.
How does The Wilmot Learning Place spend its money?
The Wilmot Learning Place directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to The Wilmot Learning Place tax-deductible?
The Wilmot Learning Place is registered as a tax-exempt nonprofit (EIN: 20363894). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of The Wilmot Learning Place's spending goes to programs?
The Wilmot Learning Place directs 90% to programs, 2% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is The Wilmot Learning Place located?
The Wilmot Learning Place is headquartered in Wilmot, New Hampshire and files with the IRS under EIN 20363894.
How many years of IRS 990 filings does The Wilmot Learning Place have?
The Wilmot Learning Place 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 $174K in total revenue.
Is The Wilmot Learning Place a good charity?
Based on the provided financial data, The Wilmot Learning Place appears to be a very good charity. It consistently operates with a surplus, has growing assets, and reports 0% officer compensation, suggesting highly efficient use of funds towards its mission.
How does The Wilmot Learning Place manage its finances?
The organization manages its finances prudently, consistently generating more revenue than expenses in most years (e.g., $167,779 revenue vs. $148,760 expenses in 202406). It has also maintained zero liabilities in recent periods and steadily grown its assets to $177,744.
What is the trend in The Wilmot Learning Place's revenue and expenses?
Revenue has generally shown an upward trend over the past decade, from $113,993 in 201606 to $167,779 in 202406, with some fluctuations. Expenses have also increased but generally remain below revenue, indicating sustainable operations.
Filing History
IRS 990 filing history for The Wilmot Learning Place showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2024), The Wilmot Learning Place's revenue has grown by 58%, moving from $106K to $168K. Total assets increased by 106.7% over the same period, from $86K to $178K. Total functional expenses rose by 49.7%, from $99K to $149K. In its most recent filing year (2024), The Wilmot Learning Place reported a surplus of $19K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $168K | $149K | $178K | $0 | — | — |
| 2023 | $157K | $155K | $159K | $0 | — | View 990 |
| 2022 | $146K | $152K | $156K | $0 | — | View 990 |
| 2021 | $195K | $152K | $162K | $0 | — | View 990 |
| 2020 | $136K | $136K | $148K | $29K | — | View 990 |
| 2019 | $159K | $147K | $120K | $0 | — | View 990 |
| 2018 | $139K | $135K | $107K | $0 | — | — |
| 2017 | $126K | $126K | $104K | $0 | — | View 990 |
| 2016 | $114K | $112K | $105K | $0 | — | View 990 |
| 2015 | $125K | $115K | $107K | $0 | — | View 990 |
| 2014 | $109K | $104K | $96K | $0 | — | View 990 |
| 2013 | $103K | $98K | $91K | $0 | — | View 990 |
| 2012 | $106K | $99K | $86K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $168K, expenses of $149K, and assets of $178K (revenue +7.0% year-over-year).
- 2023: Revenue of $157K, expenses of $155K, and assets of $159K (revenue +7.3% year-over-year).
- 2022: Revenue of $146K, expenses of $152K, and assets of $156K (revenue -25.0% year-over-year).
- 2021: Revenue of $195K, expenses of $152K, and assets of $162K (revenue +43.6% year-over-year).
- 2020: Revenue of $136K, expenses of $136K, and assets of $148K (revenue -14.7% year-over-year).
- 2019: Revenue of $159K, expenses of $147K, and assets of $120K (revenue +14.7% year-over-year).
- 2018: Revenue of $139K, expenses of $135K, and assets of $107K (revenue +10.3% year-over-year).
- 2017: Revenue of $126K, expenses of $126K, and assets of $104K (revenue +10.4% year-over-year).
- 2016: Revenue of $114K, expenses of $112K, and assets of $105K (revenue -9.2% year-over-year).
- 2015: Revenue of $125K, expenses of $115K, and assets of $107K (revenue +15.1% year-over-year).
- 2014: Revenue of $109K, expenses of $104K, and assets of $96K (revenue +5.8% year-over-year).
- 2013: Revenue of $103K, expenses of $98K, and assets of $91K (revenue -2.9% year-over-year).
- 2012: Revenue of $106K, expenses of $99K, and assets of $86K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The Wilmot Learning Place:
Data Sources and Methodology
This transparency report for The Wilmot Learning Place 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.