University Of New Hampshire Foundation Incorporated
University Of New Hampshire Foundation shows consistent asset growth and positive financial performance with no reported officer compensation.
EIN: 20437506 · Durham, NH · NTEE: B110 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $133.7M |
| Total Expenses | $43.9M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $300 |
| Net Assets | $309.9M |
| Transparency Score | 85/100 |
Is University Of New Hampshire Foundation Incorporated Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
University Of New Hampshire Foundation Incorporated directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About University Of New Hampshire Foundation Incorporated
University Of New Hampshire Foundation Incorporated (EIN: 20437506) is a nonprofit organization based in Durham, NH, classified under NTEE code B110. The organization reported total revenue of $133.7M and total assets of $343.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of University Of New Hampshire Foundation Incorporated's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
University Of New Hampshire Foundation Incorporated is a major nonprofit that has been operating for 36 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 9.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $48.2M |
| Total Expenses | $43.9M |
| Surplus / Deficit | +$4.3M |
| Total Assets | $318.6M |
| Total Liabilities | $8.7M |
| Net Assets | $309.9M |
| Operating Margin | 8.9% |
| Debt-to-Asset Ratio | 2.7% |
| Months of Reserves | 87.0 months |
Financial Health Grade: A
In 2023, University Of New Hampshire Foundation Incorporated reported a surplus of $4.3M with revenue exceeding expenses, holds 87.0 months of operating reserves (strong position), has a debt-to-asset ratio of 2.7% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), University Of New Hampshire Foundation Incorporated's revenue has grown at a compound annual growth rate (CAGR) of 9.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -6.6% | +15.1% | +8.9% |
| 2022 | +28.2% | -6.9% | -7.3% |
| 2021 | +17.4% | +18.5% | +25.6% |
| 2020 | +5.3% | +12.5% | -1.6% |
| 2019 | -15.3% | -3.5% | +5.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1990 |
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 University Of New Hampshire Foundation Incorporated 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: 85%
- fundraising: 5%
According to IRS 990 filings, University Of New Hampshire Foundation Incorporated allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $4.3M, with revenue exceeding expenses.
- Debt-to-asset ratio: 2.7%.
Executive Compensation Analysis
The IRS 990 filings consistently report 0% officer compensation, which is highly unusual for an organization of this size with assets exceeding $300 million. This suggests that executive compensation for the foundation's leadership is either paid by the University of New Hampshire directly or is not reported on the foundation's 990, which could impact the full picture of administrative 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 University Of New Hampshire Foundation Incorporated's IRS 990 filings:
- Consistent 0% officer compensation reported on 990s for an organization of this size, which may obscure actual executive pay if paid by an affiliated entity.
Strengths
The following positive indicators were identified for University Of New Hampshire Foundation Incorporated:
- Consistent growth in assets, from $204,123,000 in 2014 to $318,585,911 in 2023.
- Generally positive net revenue, with revenue often exceeding expenses (e.g., $48,194,063 revenue vs. $43,921,459 expenses in 2023).
- Strong financial stability with liabilities remaining a small fraction of total assets.
- Clear mission focus as a university foundation (NTEE B110).
Frequently Asked Questions about University Of New Hampshire Foundation Incorporated
Is University Of New Hampshire Foundation Incorporated a legitimate charity?
Based on AI analysis of IRS 990 filings, University Of New Hampshire Foundation Incorporated (EIN: 20437506) some concerns. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
How does University Of New Hampshire Foundation Incorporated spend its money?
University Of New Hampshire Foundation Incorporated directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to University Of New Hampshire Foundation Incorporated tax-deductible?
University Of New Hampshire Foundation Incorporated is registered as a tax-exempt nonprofit (EIN: 20437506). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the University Of New Hampshire Foundation Incorporated CEO make?
University Of New Hampshire Foundation Incorporated's highest-compensated officer earns $300 annually. The organization reported $133.7M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of University Of New Hampshire Foundation Incorporated's spending goes to programs?
University Of New Hampshire Foundation Incorporated directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does University Of New Hampshire Foundation Incorporated compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), University Of New Hampshire Foundation Incorporated is above average for NTEE category B110 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is University Of New Hampshire Foundation Incorporated located?
University Of New Hampshire Foundation Incorporated is headquartered in Durham, New Hampshire and files with the IRS under EIN 20437506. It is classified under NTEE code B110.
How many years of IRS 990 filings does University Of New Hampshire Foundation Incorporated have?
University Of New Hampshire Foundation Incorporated 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 $133.7M in total revenue.
Is the University Of New Hampshire Foundation Incorporated a good charity?
Based on the available IRS 990 data, the foundation demonstrates strong financial health with consistent asset growth and generally positive net revenue. The lack of reported officer compensation on the 990s is a unique aspect that warrants further investigation to fully understand the compensation structure and administrative overhead.
How has the foundation's financial health changed over the past decade?
The foundation's financial health has significantly improved over the past decade. Assets grew from $204,123,000 in 2014 to $318,585,911 in 2023, and revenue has shown a general upward trend, indicating robust growth and financial stability.
What is the trend in the foundation's liabilities?
Liabilities have fluctuated but remained relatively low compared to assets. For example, in 2014, liabilities were $5,430,000 against assets of $204,123,000, and in 2023, they were $8,654,576 against assets of $318,585,911, indicating a healthy balance sheet.
Filing History
IRS 990 filing history for University Of New Hampshire Foundation Incorporated showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), University Of New Hampshire Foundation Incorporated's revenue has grown by 201.1%, moving from $16.0M to $48.2M. Total assets increased by 120.4% over the same period, from $144.6M to $318.6M. Total functional expenses rose by 196.7%, from $14.8M to $43.9M. In its most recent filing year (2023), University Of New Hampshire Foundation Incorporated reported a surplus of $4.3M, with revenue exceeding expenses. The organization holds $8.7M in liabilities against $318.6M in assets (debt-to-asset ratio: 2.7%), resulting in net assets of $309.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $48.2M | $43.9M | $318.6M | $8.7M | — | View 990 |
| 2022 | $51.6M | $38.2M | $292.6M | $6.0M | — | View 990 |
| 2021 | $40.3M | $41.0M | $315.4M | $5.6M | — | View 990 |
| 2020 | $34.3M | $34.6M | $251.2M | $4.7M | — | View 990 |
| 2019 | $32.6M | $30.8M | $255.2M | $7.8M | — | View 990 |
| 2018 | $38.4M | $31.9M | $242.9M | $5.3M | — | View 990 |
| 2017 | $26.1M | $29.8M | $225.9M | $5.5M | — | View 990 |
| 2016 | $30.3M | $30.5M | $204.8M | $2.5M | — | View 990 |
| 2015 | $35.5M | $24.3M | $214.8M | $2.5M | — | View 990 |
| 2014 | $27.0M | $22.9M | $204.1M | $5.4M | — | View 990 |
| 2013 | $37.7M | $22.5M | $161.9M | $3.1M | — | View 990 |
| 2012 | $20.8M | $28.5M | $133.3M | $2.7M | — | View 990 |
| 2011 | $16.0M | $14.8M | $144.6M | $2.7M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $48.2M, expenses of $43.9M, and assets of $318.6M (revenue -6.6% year-over-year).
- 2022: Revenue of $51.6M, expenses of $38.2M, and assets of $292.6M (revenue +28.2% year-over-year).
- 2021: Revenue of $40.3M, expenses of $41.0M, and assets of $315.4M (revenue +17.4% year-over-year).
- 2020: Revenue of $34.3M, expenses of $34.6M, and assets of $251.2M (revenue +5.3% year-over-year).
- 2019: Revenue of $32.6M, expenses of $30.8M, and assets of $255.2M (revenue -15.3% year-over-year).
- 2018: Revenue of $38.4M, expenses of $31.9M, and assets of $242.9M (revenue +47.0% year-over-year).
- 2017: Revenue of $26.1M, expenses of $29.8M, and assets of $225.9M (revenue -13.7% year-over-year).
- 2016: Revenue of $30.3M, expenses of $30.5M, and assets of $204.8M (revenue -14.7% year-over-year).
- 2015: Revenue of $35.5M, expenses of $24.3M, and assets of $214.8M (revenue +31.7% year-over-year).
- 2014: Revenue of $27.0M, expenses of $22.9M, and assets of $204.1M (revenue -28.5% year-over-year).
- 2013: Revenue of $37.7M, expenses of $22.5M, and assets of $161.9M (revenue +81.0% year-over-year).
- 2012: Revenue of $20.8M, expenses of $28.5M, and assets of $133.3M (revenue +30.1% year-over-year).
- 2011: Revenue of $16.0M, expenses of $14.8M, and assets of $144.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for University Of New Hampshire Foundation Incorporated:
Data Sources and Methodology
This transparency report for University Of New Hampshire Foundation Incorporated 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.