Veterans Of Foreign Wars Department Of New Hampshire
Veterans Of Foreign Wars Department Of New Hampshire shows consistent revenue growth and strong asset accumulation with no officer compensation.
EIN: 20213403 · Milford, NH · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.5M |
| Total Expenses | $247K |
| Program Spending | 85% |
| CEO/Top Officer Pay | $900,000 |
| Net Assets | $812K |
| Transparency Score | 90/100 |
Is Veterans Of Foreign Wars Department Of New Hampshire Legit?
Appears Legitimate
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 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Veterans Of Foreign Wars Department Of New Hampshire
Veterans Of Foreign Wars Department Of New Hampshire (EIN: 20213403) is a nonprofit organization based in Milford, NH. The organization reported total revenue of $1.5M and total assets of $915K 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 12 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 5.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $314K |
| Total Expenses | $247K |
| Surplus / Deficit | +$66K |
| Total Assets | $915K |
| Total Liabilities | $103K |
| Net Assets | $812K |
| Operating Margin | 21.1% |
| Debt-to-Asset Ratio | 11.3% |
| Months of Reserves | 44.4 months |
Financial Health Grade: A
In 2023, Veterans Of Foreign Wars Department Of New Hampshire reported a surplus of $66K with revenue exceeding expenses, holds 44.4 months of operating reserves (strong position), has a debt-to-asset ratio of 11.3% (very low leverage).
Financial Trends
Over 12 years of filings (2011–2023), Veterans Of Foreign Wars Department Of New Hampshire's revenue has grown at a compound annual growth rate (CAGR) of 5.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +13.4% | +0.1% | +3.8% |
| 2022 | -16.2% | +69.2% | +9.7% |
| 2020 | +33.0% | -36.6% | +38.8% |
| 2019 | -6.9% | +13.3% | +16.1% |
| 2018 | +32.9% | +37.5% | +4.2% |
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 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: 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.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $66K, with revenue exceeding expenses.
- Debt-to-asset ratio: 11.3%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that the organization's leadership is entirely volunteer-based, which is highly commendable for an organization of its size with over $900,000 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.
Strengths
The following positive indicators were identified for Veterans Of Foreign Wars Department Of New Hampshire:
- Consistent revenue growth, with latest revenue at $313,694.
- Significant asset accumulation, reaching $915,219 in 2023 from $285,799 in 2013.
- Zero officer compensation reported across all filings, indicating volunteer leadership and efficient use of funds.
- Positive net income in most recent filings (e.g., $313,694 revenue vs. $247,363 expenses in 2023).
- Low liabilities relative to assets, with liabilities at $103,390 against assets of $915,219 in 2023.
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: 20213403) is a registered tax-exempt nonprofit based in New Hampshire. Our AI analysis gives it a Mission Score of 90/100. It has 12 years of IRS 990 filings on record. Total revenue: $1.5M. No red flags identified. 5 strengths noted. Financial health grade: A.
How does Veterans Of Foreign Wars Department Of New Hampshire spend its money?
Veterans Of Foreign Wars Department Of New Hampshire directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds 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: 20213403). 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 $900,000 annually. The organization reported $1.5M 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 85% to programs, 5% to fundraising. This exceeds 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 Milford, New Hampshire and files with the IRS under EIN 20213403.
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 12 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 $1.5M in total revenue.
Is Veterans Of Foreign Wars Department Of New Hampshire a good charity?
Based on the provided financial data, the organization appears to be a well-managed charity. It consistently generates surpluses, has growing assets, and reports 0% officer compensation, indicating strong financial health and a commitment to its mission.
How has the organization's financial health changed over time?
The organization's financial health has improved significantly. Revenue has generally increased from $170,490 in 2013 to $313,694 in 2023, and assets have more than tripled from $285,799 to $915,219 over the same period, demonstrating robust growth and stability.
What is the organization's approach to executive compensation?
The organization has a highly commendable approach to executive compensation, reporting 0% officer compensation in all available filings. This suggests a volunteer-led structure, ensuring that all funds are directed towards the organization's mission.
Filing History
IRS 990 filing history for Veterans Of Foreign Wars Department Of New Hampshire showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2023), Veterans Of Foreign Wars Department Of New Hampshire's revenue has grown by 91.1%, moving from $164K to $314K. Total assets increased by 109.2% over the same period, from $437K to $915K. Total functional expenses rose by 52.1%, from $163K to $247K. In its most recent filing year (2023), Veterans Of Foreign Wars Department Of New Hampshire reported a surplus of $66K, with revenue exceeding expenses. The organization holds $103K in liabilities against $915K in assets (debt-to-asset ratio: 11.3%), resulting in net assets of $812K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $314K | $247K | $915K | $103K | — | — |
| 2022 | $277K | $247K | $882K | $149K | — | — |
| 2020 | $330K | $146K | $804K | $196K | — | View 990 |
| 2019 | $248K | $231K | $579K | $164K | — | View 990 |
| 2018 | $267K | $204K | $499K | $229K | — | View 990 |
| 2017 | $201K | $148K | $479K | $197K | — | View 990 |
| 2016 | $199K | $212K | $1 | $0 | — | View 990 |
| 2015 | $175K | $181K | $281K | $204K | — | View 990 |
| 2014 | $195K | $193K | $269K | $181K | — | View 990 |
| 2013 | $170K | $180K | $286K | $183K | — | View 990 |
| 2012 | $172K | $197K | $323K | $193K | — | View 990 |
| 2011 | $164K | $163K | $437K | $154K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $314K, expenses of $247K, and assets of $915K (revenue +13.4% year-over-year).
- 2022: Revenue of $277K, expenses of $247K, and assets of $882K (revenue -16.2% year-over-year).
- 2020: Revenue of $330K, expenses of $146K, and assets of $804K (revenue +33.0% year-over-year).
- 2019: Revenue of $248K, expenses of $231K, and assets of $579K (revenue -6.9% year-over-year).
- 2018: Revenue of $267K, expenses of $204K, and assets of $499K (revenue +32.9% year-over-year).
- 2017: Revenue of $201K, expenses of $148K, and assets of $479K (revenue +0.7% year-over-year).
- 2016: Revenue of $199K, expenses of $212K, and assets of $1 (revenue +13.8% year-over-year).
- 2015: Revenue of $175K, expenses of $181K, and assets of $281K (revenue -10.3% year-over-year).
- 2014: Revenue of $195K, expenses of $193K, and assets of $269K (revenue +14.4% year-over-year).
- 2013: Revenue of $170K, expenses of $180K, and assets of $286K (revenue -0.9% year-over-year).
- 2012: Revenue of $172K, expenses of $197K, and assets of $323K (revenue +4.7% year-over-year).
- 2011: Revenue of $164K, expenses of $163K, and assets of $437K.
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.