Veterans Of Foreign Wars Department Of New Hampshire

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 90% 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: 20216010) is a nonprofit organization based in Franklin, NH. The organization reported total revenue of $2.5M and total assets of $550K 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

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: 5%
• programs: 90%
• fundraising: 5%

According to IRS 990 filings, Veterans Of Foreign Wars Department Of New Hampshire allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

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

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 0% officer compensation, indicating volunteer leadership and efficient use of funds.
• Stable financial operations with revenues generally covering expenses.
• Growing asset base, increasing from $189,804 in 201912 to $480,035 in 202312.
• Low liabilities, at $4,760 in 202312, suggesting strong financial health.
• Long filing history (13 filings) demonstrating consistent reporting and operational longevity.

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

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 6.5%, moving from $182K to $170K. Total assets increased by 70.1% over the same period, from $282K to $480K. Total functional expenses rose by 0.1%, from $164K to $164K. In its most recent filing year (2023), Veterans Of Foreign Wars Department Of New Hampshire reported a surplus of $6K, with revenue exceeding expenses. The organization holds $5K in liabilities against $480K in assets (debt-to-asset ratio: 1.0%), resulting in net assets of $475K.

Year-by-Year Financial Summary

• 2023: Revenue of $170K, expenses of $164K, and assets of $480K (revenue +32.5% year-over-year).
• 2022: Revenue of $128K, expenses of $136K, and assets of $480K (revenue -27.7% year-over-year).
• 2021: Revenue of $177K, expenses of $136K, and assets of $483K (revenue -49.9% year-over-year).
• 2020: Revenue of $354K, expenses of $95K, and assets of $445K (revenue +166.0% year-over-year).
• 2019: Revenue of $133K, expenses of $136K, and assets of $190K (revenue -3.3% year-over-year).
• 2018: Revenue of $138K, expenses of $141K, and assets of $196K (revenue +19.4% year-over-year).
• 2017: Revenue of $115K, expenses of $153K, and assets of $201K (revenue +10.0% year-over-year).
• 2016: Revenue of $105K, expenses of $111K, and assets of $224K (revenue +43.3% year-over-year).
• 2015: Revenue of $73K, expenses of $102K, and assets of $231K (revenue -45.9% year-over-year).
• 2014: Revenue of $135K, expenses of $157K, and assets of $259K (revenue -13.5% year-over-year).
• 2013: Revenue of $156K, expenses of $155K, and assets of $282K (revenue +4.0% year-over-year).
• 2012: Revenue of $150K, expenses of $152K, and assets of $280K (revenue -17.4% year-over-year).
• 2011: Revenue of $182K, expenses of $164K, and assets of $282K.

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.