Veterans Of Foreign Wars Department Of New Hampshire

Veterans Of Foreign Wars Department Of New Hampshire faces declining assets and persistent liabilities despite volunteer leadership.

EIN: 20214887 · Jaffrey, NH · Updated: 2026-03-28

$2.8MRevenue

$116KAssets

65/100Mission Score (Good)

About Veterans Of Foreign Wars Department Of New Hampshire

Veterans Of Foreign Wars Department Of New Hampshire (EIN: 20214887) is a nonprofit organization based in Jaffrey, NH. The organization reported total revenue of $2.8M and total assets of $116K 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 consistent operational pattern with revenues generally exceeding expenses in most recent years, though the latest filing (202306) shows expenses slightly surpassing revenue ($270,479 vs $253,682). The organization's assets have seen a significant decline from a peak of $848,908 in 201406 to $226,245 in 202306, while liabilities have also decreased but remain substantial at $338,586 in 202306, indicating a negative net asset position. The consistent reporting of 0% officer compensation across all filings suggests a volunteer-driven leadership, which is a positive indicator of efficiency and dedication to mission.

However, the substantial and persistent liabilities, which have exceeded assets in the most recent filings, raise concerns about long-term financial stability. While the organization consistently files its IRS 990s, the lack of detailed program spending breakdowns in the provided data makes a precise assessment of spending efficiency challenging. The overall financial trend shows a shrinking asset base and a struggle to maintain positive net assets, which could impact its capacity to deliver on its mission in the future.

Transparency regarding executive compensation is excellent, with no reported officer compensation. However, without a breakdown of program, administrative, and fundraising expenses, it's difficult to fully evaluate how efficiently funds are being allocated to direct charitable activities versus overhead. The declining asset base and persistent liabilities warrant closer scrutiny for potential donors.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Veterans Of Foreign Wars Department Of New Hampshire with a Mission Score of 65 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.

Executive Compensation Analysis

Executive compensation is reported as 0% across all available filings, indicating a volunteer leadership structure. This is a strong positive, suggesting that all funds are directed towards the organization's mission and operational costs rather than high salaries.

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 negative net assets (liabilities exceeding assets) in recent filings, e.g., 202306 assets $226,245 vs liabilities $338,586.
Significant decline in total assets over the past decade, from $848,908 in 201406 to $226,245 in 202306.
Expenses exceeding revenue in the most recent filing (202306), indicating an operational deficit for that period.

Strengths

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

Consistent reporting of 0% officer compensation, indicating a volunteer-driven leadership and efficient use of funds for executive roles.
Long history of IRS 990 filings (14 filings), demonstrating commitment to transparency and compliance.
Generally consistent revenue generation over the years, albeit with recent fluctuations.

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

Is Veterans Of Foreign Wars Department Of New Hampshire financially stable?

The organization's financial stability is questionable, as its liabilities ($338,586 in 202306) have exceeded its assets ($226,245 in 202306) in recent years, indicating a negative net asset position. Assets have also significantly declined from a peak of $848,908 in 201406.

How does the organization manage its expenses relative to revenue?

While revenue generally exceeded expenses in earlier periods, the latest filing (202306) shows expenses ($270,479) slightly higher than revenue ($253,682), indicating a deficit for that period. This trend, combined with declining assets, suggests potential challenges in managing operational costs.

What is the trend in the organization's asset base?

The organization's assets have shown a significant downward trend, decreasing from $848,908 in 201406 to $226,245 in 202306. This substantial reduction in assets over time is a concern.

Filing History

IRS 990 filing history for Veterans Of Foreign Wars Department Of New Hampshire showing financial trends over 14 years of public records:

Over 14 years of IRS 990 filings (2010–2023), Veterans Of Foreign Wars Department Of New Hampshire's revenue has declined by 0.7%, moving from $255K to $254K. Total assets decreased by 75.9% over the same period, from $938K to $226K. Total functional expenses rose by 14.2%, from $237K to $270K. In its most recent filing year (2023), Veterans Of Foreign Wars Department Of New Hampshire reported a deficit of $17K, with expenses exceeding revenue. The organization holds $339K in liabilities against $226K in assets (debt-to-asset ratio: 149.7%), resulting in net assets of $-112,341.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$254K	$270K	$226K	$339K	—	View 990
2022	$265K	$167K	$272K	$367K	—	View 990
2021	$370K	$211K	$435K	$402K	—	—
2020	$161K	$174K	$788K	$454K	—	View 990
2019	$217K	$209K	$798K	$458K	—	View 990
2018	$206K	$218K	$817K	$481K	—	View 990
2017	$241K	$203K	$847K	$499K	—	View 990
2016	$293K	$194K	$828K	$523K	—	View 990
2015	$228K	$199K	$818K	$612K	—	View 990
2014	$202K	$180K	$849K	$672K	—	View 990
2013	$182K	$175K	$861K	$708K	—	View 990
2012	$164K	$151K	$899K	$758K	—	View 990
2011	$209K	$203K	$913K	$785K	—	View 990
2010	$255K	$237K	$938K	$817K	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $254K, expenses of $270K, and assets of $226K (revenue -4.4% year-over-year).
2022: Revenue of $265K, expenses of $167K, and assets of $272K (revenue -28.2% year-over-year).
2021: Revenue of $370K, expenses of $211K, and assets of $435K (revenue +129.3% year-over-year).
2020: Revenue of $161K, expenses of $174K, and assets of $788K (revenue -25.6% year-over-year).
2019: Revenue of $217K, expenses of $209K, and assets of $798K (revenue +5.2% year-over-year).
2018: Revenue of $206K, expenses of $218K, and assets of $817K (revenue -14.4% year-over-year).
2017: Revenue of $241K, expenses of $203K, and assets of $847K (revenue -17.8% year-over-year).
2016: Revenue of $293K, expenses of $194K, and assets of $828K (revenue +28.4% year-over-year).
2015: Revenue of $228K, expenses of $199K, and assets of $818K (revenue +12.9% year-over-year).
2014: Revenue of $202K, expenses of $180K, and assets of $849K (revenue +10.9% year-over-year).
2013: Revenue of $182K, expenses of $175K, and assets of $861K (revenue +11.0% year-over-year).
2012: Revenue of $164K, expenses of $151K, and assets of $899K (revenue -21.4% year-over-year).
2011: Revenue of $209K, expenses of $203K, and assets of $913K (revenue -18.3% year-over-year).
2010: Revenue of $255K, expenses of $237K, and assets of $938K.

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.