Upper Valley Hostel Inc
Upper Valley Hostel Inc. maintains stable operations with consistent volunteer leadership, though recent periods show expenses exceeding revenue.
EIN: 20337929 · Hanover, NH · NTEE: E86Z · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $515K |
| Total Expenses | $253K |
| Program Spending | 85% |
| Net Assets | $987K |
| Transparency Score | 85/100 |
Is Upper Valley Hostel Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Upper Valley Hostel Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Upper Valley Hostel Inc
Upper Valley Hostel Inc (EIN: 20337929) is a nonprofit organization based in Hanover, NH, classified under NTEE code E86Z. The organization reported total revenue of $515K and total assets of $1.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Upper Valley Hostel Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Upper Valley Hostel Inc is a small nonprofit that has been operating for 48 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 1.9%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $227K |
| Total Expenses | $253K |
| Surplus / Deficit | $-26,661 |
| Total Assets | $988K |
| Total Liabilities | $2K |
| Net Assets | $987K |
| Operating Margin | -11.8% |
| Debt-to-Asset Ratio | 0.2% |
| Months of Reserves | 46.8 months |
Financial Health Grade: B
In 2024, Upper Valley Hostel Inc reported a deficit of $27K with expenses exceeding revenue, holds 46.8 months of operating reserves (strong position), has a debt-to-asset ratio of 0.2% (very low leverage).
Financial Trends
Over 14 years of filings (2011–2024), Upper Valley Hostel Inc's revenue has grown at a compound annual growth rate (CAGR) of 1.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +68.7% | +62.2% | +0.8% |
| 2023 | -47.2% | -27.2% | -1.3% |
| 2022 | +9.2% | +39.3% | -3.0% |
| 2021 | -10.0% | -24.1% | +13.7% |
| 2020 | +41.4% | -6.2% | +4.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1978 |
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 Upper Valley Hostel Inc 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, Upper Valley Hostel Inc 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $27K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.2%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating a volunteer-led organization or that compensation is not reported as officer compensation, which is a positive for donor perception and efficiency.
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 Upper Valley Hostel Inc's IRS 990 filings:
- Expenses exceeded revenue in the most recent filing (202406) and several other periods (e.g., 202306, 201906), indicating potential reliance on reserves or other funding sources to cover operational costs.
Strengths
The following positive indicators were identified for Upper Valley Hostel Inc:
- Consistent reporting of 0% officer compensation across all filings, indicating strong volunteer leadership or highly efficient compensation structures.
- Long history of IRS 990 filings (14 filings), demonstrating strong commitment to transparency and regulatory compliance.
- Gradual increase in assets over time, from $806,038 in 201506 to $1,046,402 currently, suggesting responsible financial management.
- Low and stable liabilities, indicating the organization is not accumulating significant debt.
Frequently Asked Questions about Upper Valley Hostel Inc
Is Upper Valley Hostel Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Upper Valley Hostel Inc (EIN: 20337929) some concerns. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
How does Upper Valley Hostel Inc spend its money?
Upper Valley Hostel Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Upper Valley Hostel Inc tax-deductible?
Upper Valley Hostel Inc is registered as a tax-exempt nonprofit (EIN: 20337929). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Upper Valley Hostel Inc's spending goes to programs?
Upper Valley Hostel Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Upper Valley Hostel Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Upper Valley Hostel Inc is above average for NTEE category E86Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Upper Valley Hostel Inc located?
Upper Valley Hostel Inc is headquartered in Hanover, New Hampshire and files with the IRS under EIN 20337929. It is classified under NTEE code E86Z.
How many years of IRS 990 filings does Upper Valley Hostel Inc have?
Upper Valley Hostel Inc 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 $515K in total revenue.
Is Upper Valley Hostel Inc. a good charity?
Based on the available data, Upper Valley Hostel Inc. appears to be a good charity. It demonstrates strong transparency with consistent 0% officer compensation and a clear mission. While some periods show expenses exceeding revenue, its asset base is growing, and liabilities are generally low, suggesting overall financial stability.
How does Upper Valley Hostel Inc. manage its finances given occasional deficits?
The organization appears to manage occasional deficits by drawing from its growing asset base, which has increased from $806,038 in 201506 to $1,046,402 currently. Liabilities have remained low, indicating that these deficits are not leading to significant debt accumulation.
What is the trend in Upper Valley Hostel Inc.'s revenue and expenses?
Revenue and expenses for Upper Valley Hostel Inc. have fluctuated but generally remained within a similar range over the past decade, typically between $130,000 and $260,000 annually. There isn't a clear upward or downward trend, but rather a pattern of year-to-year variations, with expenses sometimes exceeding revenue.
Filing History
IRS 990 filing history for Upper Valley Hostel Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Upper Valley Hostel Inc's revenue has grown by 27.2%, moving from $178K to $227K. Total assets increased by 56.3% over the same period, from $632K to $988K. Total functional expenses rose by 77.3%, from $143K to $253K. In its most recent filing year (2024), Upper Valley Hostel Inc reported a deficit of $27K, with expenses exceeding revenue. The organization holds $2K in liabilities against $988K in assets (debt-to-asset ratio: 0.2%), resulting in net assets of $987K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $227K | $253K | $988K | $2K | — | — |
| 2023 | $134K | $156K | $980K | $1K | — | View 990 |
| 2022 | $254K | $214K | $993K | $1K | — | View 990 |
| 2021 | $233K | $154K | $1.0M | $1K | — | View 990 |
| 2020 | $259K | $203K | $900K | $31K | — | View 990 |
| 2019 | $183K | $216K | $858K | $2K | — | View 990 |
| 2018 | $191K | $156K | $866K | $2K | — | View 990 |
| 2017 | $170K | $160K | $815K | $2K | — | View 990 |
| 2016 | $191K | $186K | $801K | $2K | — | View 990 |
| 2015 | $208K | $168K | $806K | $2K | — | View 990 |
| 2014 | $170K | $155K | $770K | $9K | — | View 990 |
| 2013 | $181K | $144K | $704K | $4K | — | View 990 |
| 2012 | $163K | $144K | $633K | $2K | — | View 990 |
| 2011 | $178K | $143K | $632K | $7K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $227K, expenses of $253K, and assets of $988K (revenue +68.7% year-over-year).
- 2023: Revenue of $134K, expenses of $156K, and assets of $980K (revenue -47.2% year-over-year).
- 2022: Revenue of $254K, expenses of $214K, and assets of $993K (revenue +9.2% year-over-year).
- 2021: Revenue of $233K, expenses of $154K, and assets of $1.0M (revenue -10.0% year-over-year).
- 2020: Revenue of $259K, expenses of $203K, and assets of $900K (revenue +41.4% year-over-year).
- 2019: Revenue of $183K, expenses of $216K, and assets of $858K (revenue -4.4% year-over-year).
- 2018: Revenue of $191K, expenses of $156K, and assets of $866K (revenue +12.7% year-over-year).
- 2017: Revenue of $170K, expenses of $160K, and assets of $815K (revenue -11.2% year-over-year).
- 2016: Revenue of $191K, expenses of $186K, and assets of $801K (revenue -8.1% year-over-year).
- 2015: Revenue of $208K, expenses of $168K, and assets of $806K (revenue +22.5% year-over-year).
- 2014: Revenue of $170K, expenses of $155K, and assets of $770K (revenue -5.8% year-over-year).
- 2013: Revenue of $181K, expenses of $144K, and assets of $704K (revenue +10.7% year-over-year).
- 2012: Revenue of $163K, expenses of $144K, and assets of $633K (revenue -8.4% year-over-year).
- 2011: Revenue of $178K, expenses of $143K, and assets of $632K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Upper Valley Hostel Inc:
Data Sources and Methodology
This transparency report for Upper Valley Hostel 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.