Thorndike Club Inc

Thorndike Club Inc consistently manages expenses below revenue, leading to steady asset growth and no officer compensation.

EIN: 20238875 · Jaffrey, NH · NTEE: N50 · Updated: 2026-03-28

$71KRevenue

$247KAssets

90/100Mission Score (Excellent)

N50

About Thorndike Club Inc

Thorndike Club Inc (EIN: 20238875) is a nonprofit organization based in Jaffrey, NH, classified under NTEE code N50. The organization reported total revenue of $71K and total assets of $247K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Thorndike Club Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Thorndike Club Inc demonstrates consistent financial activity, with revenues generally in the range of $50,000 to $90,000 annually, though there was a notable spike to $199,101 in 2022. Expenses have remained relatively stable, typically between $55,000 and $70,000. The organization has shown a positive trend in asset growth, increasing from $59,930 in 2020 to $235,708 in 2024, indicating sound financial management and accumulation of resources. Liabilities have remained very low, often under $500, which is a strong indicator of financial stability and minimal debt burden.

The organization's spending efficiency appears solid, as expenses are consistently managed within or below revenue levels in most recent years, leading to asset growth. For instance, in 2024, revenue was $67,117 against expenses of $56,622, resulting in a surplus. The absence of reported officer compensation across all filings suggests that the organization operates with a volunteer leadership structure, which can significantly reduce administrative overhead and direct more funds towards its mission. This practice enhances spending efficiency and demonstrates a commitment to maximizing program impact.

Transparency is generally good, given the consistent filing of IRS Form 990s over 14 periods. The detailed financial data available allows for a clear understanding of its revenue, expenses, and asset accumulation. The lack of officer compensation further simplifies the financial picture, indicating a straightforward operational model. Overall, Thorndike Club Inc appears to be a financially healthy and efficiently managed nonprofit.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Thorndike Club Inc with a Mission Score of 90 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: 15%
programs: 85%
fundraising: 0%

According to IRS 990 filings, Thorndike Club Inc allocates its expenses as follows: admin: 15%, programs: 85%, fundraising: 0%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

Executive compensation is consistently reported as 0% across all available filings, indicating that the organization's leadership operates on a volunteer basis, which is highly commendable for an organization of its size with revenues typically under $100,000.

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 Thorndike Club Inc:

Consistent asset growth: Assets increased from $59,930 in 2020 to $235,708 in 2024.
No officer compensation: 0% officer compensation across all filings, indicating volunteer leadership.
Low liabilities: Liabilities consistently remain very low, often under $500, demonstrating strong financial stability.
Efficient expense management: Expenses are generally kept below revenue, leading to surpluses and asset accumulation (e.g., 2024 revenue $67,117, expenses $56,622).
Strong program focus: The absence of fundraising expenses and officer compensation suggests a high proportion of spending is directed towards programs and administrative necessities.

Frequently Asked Questions about Thorndike Club Inc

Is Thorndike Club Inc a good charity?

Based on the available IRS 990 data, Thorndike Club Inc appears to be a good charity. It demonstrates strong financial health with growing assets ($59,930 in 2020 to $235,708 in 2024), low liabilities, and consistent management of expenses below revenue. The absence of officer compensation is a significant positive indicator of efficiency and dedication to its mission.

How has Thorndike Club Inc's financial health changed over time?

Thorndike Club Inc has shown significant improvement in its financial health. Assets have grown substantially from $59,930 in 2020 to $235,708 in 2024. While revenue fluctuates, expenses have been consistently managed, leading to surpluses in most recent years (e.g., $67,117 revenue vs. $56,622 expenses in 2024), contributing to this asset growth.

What is the organization's approach to executive compensation?

The organization's approach to executive compensation is to pay none. Officer compensation is reported as 0% in all 14 available filings, indicating a volunteer-led structure.

Filing History

IRS 990 filing history for Thorndike Club Inc showing financial trends over 14 years of public records:

Over 14 years of IRS 990 filings (2011–2024), Thorndike Club Inc's revenue has grown by 21.1%, moving from $55K to $67K. Total assets increased by 557.2% over the same period, from $36K to $236K. Total functional expenses rose by 10.5%, from $51K to $57K. In its most recent filing year (2024), Thorndike Club Inc reported a surplus of $10K, with revenue exceeding expenses. The organization holds $250 in liabilities against $236K in assets (debt-to-asset ratio: 0.1%), resulting in net assets of $235K.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2024	$67K	$57K	$236K	$250	—	View 990
2023	$83K	$57K	$226K	$550	—	—
2022	$199K	$56K	$199K	$400	—	View 990
2021	$54K	$58K	$55K	$400	—	—
2020	$55K	$61K	$60K	$250	—	View 990
2019	$57K	$65K	$65K	$250	—	View 990
2018	$58K	$66K	$72K	$0	—	—
2017	$59K	$72K	$81K	$0	—	—
2016	$54K	$57K	$94K	$0	—	—
2015	$91K	$56K	$97K	$0	—	—
2014	$59K	$52K	$62K	$0	—	—
2013	$54K	$49K	$56K	$150	—	—
2012	$58K	$44K	$50K	$0	—	—
2011	$55K	$51K	$36K	$0	—	—

Year-by-Year Financial Summary

2024: Revenue of $67K, expenses of $57K, and assets of $236K (revenue -19.4% year-over-year).
2023: Revenue of $83K, expenses of $57K, and assets of $226K (revenue -58.2% year-over-year).
2022: Revenue of $199K, expenses of $56K, and assets of $199K (revenue +271.0% year-over-year).
2021: Revenue of $54K, expenses of $58K, and assets of $55K (revenue -3.0% year-over-year).
2020: Revenue of $55K, expenses of $61K, and assets of $60K (revenue -3.6% year-over-year).
2019: Revenue of $57K, expenses of $65K, and assets of $65K (revenue -0.8% year-over-year).
2018: Revenue of $58K, expenses of $66K, and assets of $72K (revenue -1.3% year-over-year).
2017: Revenue of $59K, expenses of $72K, and assets of $81K (revenue +8.7% year-over-year).
2016: Revenue of $54K, expenses of $57K, and assets of $94K (revenue -40.8% year-over-year).
2015: Revenue of $91K, expenses of $56K, and assets of $97K (revenue +54.8% year-over-year).
2014: Revenue of $59K, expenses of $52K, and assets of $62K (revenue +8.1% year-over-year).
2013: Revenue of $54K, expenses of $49K, and assets of $56K (revenue -5.9% year-over-year).
2012: Revenue of $58K, expenses of $44K, and assets of $50K (revenue +4.3% year-over-year).
2011: Revenue of $55K, expenses of $51K, and assets of $36K.

Data Sources and Methodology

This transparency report for Thorndike Club 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.