Veterans Of Foreign Wars Department Of New Hampshire
Veterans Of Foreign Wars Department Of New Hampshire faces persistent operating deficits and growing liabilities.
EIN: 20211966 · Laconia, NH · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $2.1M |
| Total Expenses | $130K |
| Program Spending | 70% |
| CEO/Top Officer Pay | $100,000 |
| Net Assets | $-53,255 |
| Transparency Score | 60/100 |
Is Veterans Of Foreign Wars Department Of New Hampshire Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Veterans Of Foreign Wars Department Of New Hampshire directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Veterans Of Foreign Wars Department Of New Hampshire
Veterans Of Foreign Wars Department Of New Hampshire (EIN: 20211966) is a nonprofit organization based in Laconia, NH. The organization reported total revenue of $2.1M and total assets of $185K 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.
Organization Overview
Veterans Of Foreign Wars Department Of New Hampshire is a mid-size nonprofit that has been operating for 63 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -1.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $123K |
| Total Expenses | $130K |
| Surplus / Deficit | $-7,469 |
| Total Assets | $87K |
| Total Liabilities | $140K |
| Net Assets | $-53,255 |
| Operating Margin | -6.1% |
| Debt-to-Asset Ratio | 161.2% |
| Months of Reserves | 8.0 months |
Financial Health Grade: C
In 2023, Veterans Of Foreign Wars Department Of New Hampshire reported a deficit of $7K with expenses exceeding revenue, holds 8.0 months of operating reserves (strong position), has a debt-to-asset ratio of 161.2% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Veterans Of Foreign Wars Department Of New Hampshire's revenue has declined at a compound annual growth rate (CAGR) of -1.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +25.6% | +1.1% | -5.2% |
| 2022 | +97.9% | +19.1% | -26.3% |
| 2021 | -66.8% | -33.8% | +13.3% |
| 2020 | -4.6% | -16.7% | +45.6% |
| 2019 | +25.9% | +76.5% | -34.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1963 |
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 Veterans Of Foreign Wars Department Of New Hampshire with a Mission Score of 60 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, Veterans Of Foreign Wars Department Of New Hampshire allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $7K, with expenses exceeding revenue.
- Debt-to-asset ratio: 161.2%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers receive salaries from the organization, which is commendable for an organization of its size with annual revenues typically around $100,000-$150,000.
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.
Red Flags
The following concerns were identified during AI analysis of Veterans Of Foreign Wars Department Of New Hampshire's IRS 990 filings:
- Persistent operating deficits (expenses exceeding revenue in most recent years, e.g., 2023, 2022, 2021, 2020, 2019).
- Liabilities significantly exceed assets in the latest filing ($140,226 liabilities vs. $86,971 assets in 2023).
- Significant increase in liabilities over recent years, indicating potential financial strain.
Strengths
The following positive indicators were identified for Veterans Of Foreign Wars Department Of New Hampshire:
- No reported officer compensation across all filings, indicating efficient use of funds for leadership.
- Consistent filing of IRS Form 990s, demonstrating transparency in financial reporting.
Frequently Asked Questions about Veterans Of Foreign Wars Department Of New Hampshire
Is Veterans Of Foreign Wars Department Of New Hampshire a legitimate charity?
Veterans Of Foreign Wars Department Of New Hampshire (EIN: 20211966) is a registered tax-exempt nonprofit based in New Hampshire. Our AI analysis gives it a Mission Score of 60/100. It has 13 years of IRS 990 filings on record. Total revenue: $2.1M. 3 red flags identified. 2 strengths noted. Financial health grade: C.
How does Veterans Of Foreign Wars Department Of New Hampshire spend its money?
Veterans Of Foreign Wars Department Of New Hampshire directs 70% of its spending to programs and services. Fundraising costs 10%. This meets the 65% industry benchmark.
Are donations to Veterans Of Foreign Wars Department Of New Hampshire tax-deductible?
Veterans Of Foreign Wars Department Of New Hampshire is registered as a tax-exempt nonprofit (EIN: 20211966). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Veterans Of Foreign Wars Department Of New Hampshire CEO make?
Veterans Of Foreign Wars Department Of New Hampshire's highest-compensated officer earns $100,000 annually. The organization reported $2.1M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Veterans Of Foreign Wars Department Of New Hampshire's spending goes to programs?
Veterans Of Foreign Wars Department Of New Hampshire directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
Where is Veterans Of Foreign Wars Department Of New Hampshire located?
Veterans Of Foreign Wars Department Of New Hampshire is headquartered in Laconia, New Hampshire and files with the IRS under EIN 20211966.
How many years of IRS 990 filings does Veterans Of Foreign Wars Department Of New Hampshire have?
Veterans Of Foreign Wars Department Of New Hampshire 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 $2.1M in total revenue.
Is Veterans Of Foreign Wars Department Of New Hampshire financially sustainable?
The organization has consistently reported expenses exceeding revenues in most recent periods (e.g., 2023, 2022, 2021, 2020, 2019), and its liabilities ($140,226 in 2023) now significantly exceed its assets ($86,971). This trend raises concerns about its long-term financial sustainability without significant changes in revenue generation or expense management.
What caused the significant increase in liabilities in 2023?
In 2023, liabilities jumped to $140,226 from $123,149 in 2022 and $51,364 in 2020. The provided data does not specify the nature of these liabilities, but this substantial increase warrants further investigation to understand if it's due to debt, deferred revenue, or other obligations.
How does the organization cover its operating deficits?
With expenses consistently exceeding revenues, the organization appears to be drawing down on prior period assets or relying on other unspecified funding sources. For example, in 2023, expenses were $130,356 while revenue was $122,887, indicating a deficit of $7,469.
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 11%, moving from $138K to $123K. Total assets decreased by 58.2% over the same period, from $208K to $87K. Total functional expenses fell by 12.3%, from $149K to $130K. In its most recent filing year (2023), Veterans Of Foreign Wars Department Of New Hampshire reported a deficit of $7K, with expenses exceeding revenue. The organization holds $140K in liabilities against $87K in assets (debt-to-asset ratio: 161.2%), resulting in net assets of $-53,255.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $123K | $130K | $87K | $140K | — | View 990 |
| 2022 | $98K | $129K | $92K | $123K | — | View 990 |
| 2021 | $49K | $108K | $125K | $125K | — | — |
| 2020 | $149K | $164K | $110K | $51K | — | — |
| 2019 | $156K | $196K | $75K | $16K | — | — |
| 2018 | $124K | $111K | $116K | $16K | — | View 990 |
| 2017 | $60K | $121K | $91K | $4K | — | View 990 |
| 2016 | $160K | $138K | $151K | $3K | — | View 990 |
| 2015 | $137K | $151K | $130K | $4K | — | View 990 |
| 2014 | $141K | $172K | $143K | $3K | — | View 990 |
| 2013 | $156K | $169K | $174K | $2K | — | View 990 |
| 2012 | $146K | $167K | $187K | $2K | — | View 990 |
| 2011 | $138K | $149K | $208K | $3K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $123K, expenses of $130K, and assets of $87K (revenue +25.6% year-over-year).
- 2022: Revenue of $98K, expenses of $129K, and assets of $92K (revenue +97.9% year-over-year).
- 2021: Revenue of $49K, expenses of $108K, and assets of $125K (revenue -66.8% year-over-year).
- 2020: Revenue of $149K, expenses of $164K, and assets of $110K (revenue -4.6% year-over-year).
- 2019: Revenue of $156K, expenses of $196K, and assets of $75K (revenue +25.9% year-over-year).
- 2018: Revenue of $124K, expenses of $111K, and assets of $116K (revenue +105.0% year-over-year).
- 2017: Revenue of $60K, expenses of $121K, and assets of $91K (revenue -62.2% year-over-year).
- 2016: Revenue of $160K, expenses of $138K, and assets of $151K (revenue +16.6% year-over-year).
- 2015: Revenue of $137K, expenses of $151K, and assets of $130K (revenue -2.3% year-over-year).
- 2014: Revenue of $141K, expenses of $172K, and assets of $143K (revenue -10.1% year-over-year).
- 2013: Revenue of $156K, expenses of $169K, and assets of $174K (revenue +7.3% year-over-year).
- 2012: Revenue of $146K, expenses of $167K, and assets of $187K (revenue +5.5% year-over-year).
- 2011: Revenue of $138K, expenses of $149K, and assets of $208K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Veterans Of Foreign Wars Department Of New Hampshire:
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.