Veterans Of Foreign Wars Department Of New Hampshire

VFW Department of New Hampshire shows volatile revenue but strong asset base and no executive compensation.

EIN: 20208422 · New Durham, NH · Updated: 2026-03-28

$312KRevenue

$1.2MAssets

85/100Mission Score (Excellent)

About Veterans Of Foreign Wars Department Of New Hampshire

Veterans Of Foreign Wars Department Of New Hampshire (EIN: 20208422) is a nonprofit organization based in New Durham, NH. The organization reported total revenue of $312K and total assets of $1.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Veterans Of Foreign Wars Department Of New Hampshire's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Veterans Of Foreign Wars Department Of New Hampshire demonstrates a mixed financial picture. While the organization consistently maintains a healthy asset base, exceeding $1 million in recent years, its revenue and expense figures show significant volatility. For instance, revenue spiked to $999,916 in 2018 but was only $19,949 in 2023 and $10,600 in 2022. This inconsistency makes it challenging to assess long-term operational stability based on annual income. The organization's liabilities have consistently been reported as zero or negligible, indicating strong financial solvency and a lack of debt burden. The consistent reporting of 0% officer compensation across all available filings suggests a volunteer-driven leadership, which is a positive indicator for donor confidence and efficient use of funds. However, without detailed breakdowns of program, administrative, and fundraising expenses, a precise assessment of spending efficiency is difficult. The wide fluctuations in revenue and expenses, particularly the low expense figures in some high-revenue years (e.g., $999,916 revenue vs. $9,587 expenses in 2018), warrant further investigation to understand how funds are being utilized or accumulated.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Veterans Of Foreign Wars Department Of New Hampshire 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, Veterans Of Foreign Wars Department Of New Hampshire 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.

Executive Compensation Analysis

Executive compensation is consistently reported as 0% across all filings, indicating that the organization's leadership is entirely volunteer-based, which is highly commendable for a nonprofit of its size with over $1 million in assets.

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 Veterans Of Foreign Wars Department Of New Hampshire's IRS 990 filings:

Highly volatile revenue and expense figures, making consistent operational assessment challenging.
Lack of detailed expense breakdown in available summary data to fully analyze spending efficiency.

Strengths

The following positive indicators were identified for Veterans Of Foreign Wars Department Of New Hampshire:

Consistently strong asset base, exceeding $1 million in recent years.
Zero reported officer compensation across all filings, indicating volunteer leadership.
Consistently low or zero liabilities, demonstrating strong financial solvency.
Long filing history (13 filings) indicates consistent compliance and transparency.

Frequently Asked Questions about Veterans Of Foreign Wars Department Of New Hampshire

Is Veterans Of Foreign Wars Department Of New Hampshire a good charity?

Based on the available data, the organization appears to be a financially sound entity with a strong asset base and no executive compensation, suggesting a high dedication to its mission. However, the extreme volatility in revenue and expenses makes it difficult to fully assess its operational consistency and impact without more detailed program spending information.

Why is the revenue so inconsistent year-to-year?

The revenue figures show significant fluctuations, from $999,916 in 2018 to $10,600 in 2022. This could be due to large, infrequent donations, specific fundraising campaigns, or the nature of their funding sources. Further investigation into their revenue streams would be needed to understand this pattern.

How does the organization manage to have zero liabilities?

The consistent reporting of $0 liabilities across most filings indicates excellent financial management, a lack of debt, and potentially a strong cash reserve or endowment that prevents the need for borrowing. This is a significant financial strength.

Filing History

IRS 990 filing history for Veterans Of Foreign Wars Department Of New Hampshire showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Veterans Of Foreign Wars Department Of New Hampshire's revenue has declined by 89.1%, moving from $182K to $20K. Total assets increased by 138% over the same period, from $463K to $1.1M. Total functional expenses fell by 80.6%, from $149K to $29K. In its most recent filing year (2023), Veterans Of Foreign Wars Department Of New Hampshire reported a deficit of $9K, with expenses exceeding revenue.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$20K	$29K	$1.1M	$0	—	—
2022	$11K	$32K	$1.0M	$0	—	View 990
2021	$184K	$68K	$1.2M	$0	—	—
2020	$19K	$16K	$1.2M	$0	—	—
2019	$41K	$17K	$1.1M	$0	—	View 990
2018	$1000K	$10K	$1.0M	$0	—	View 990
2017	$53K	$87K	$418K	$0	—	View 990
2016	$97K	$115K	$454K	$2K	—	View 990
2015	$125K	$129K	$472K	$2K	—	View 990
2014	$145K	$131K	$477K	$2K	—	View 990
2013	$147K	$147K	$463K	$3K	—	View 990
2012	$154K	$153K	$464K	$3K	—	View 990
2011	$182K	$149K	$463K	$3K	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $20K, expenses of $29K, and assets of $1.1M (revenue +88.2% year-over-year).
2022: Revenue of $11K, expenses of $32K, and assets of $1.0M (revenue -94.2% year-over-year).
2021: Revenue of $184K, expenses of $68K, and assets of $1.2M (revenue +879.5% year-over-year).
2020: Revenue of $19K, expenses of $16K, and assets of $1.2M (revenue -54.4% year-over-year).
2019: Revenue of $41K, expenses of $17K, and assets of $1.1M (revenue -95.9% year-over-year).
2018: Revenue of $1000K, expenses of $10K, and assets of $1.0M (revenue +1799.9% year-over-year).
2017: Revenue of $53K, expenses of $87K, and assets of $418K (revenue -45.9% year-over-year).
2016: Revenue of $97K, expenses of $115K, and assets of $454K (revenue -22.0% year-over-year).
2015: Revenue of $125K, expenses of $129K, and assets of $472K (revenue -13.8% year-over-year).
2014: Revenue of $145K, expenses of $131K, and assets of $477K (revenue -1.7% year-over-year).
2013: Revenue of $147K, expenses of $147K, and assets of $463K (revenue -4.2% year-over-year).
2012: Revenue of $154K, expenses of $153K, and assets of $464K (revenue -15.8% year-over-year).
2011: Revenue of $182K, expenses of $149K, and assets of $463K.

Data Sources and Methodology

This transparency report for Veterans Of Foreign Wars Department Of New Hampshire 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.