Veterans Of Foreign Wars Department Of New Hampshire
Veterans Of Foreign Wars Department Of New Hampshire shows consistent asset growth and low liabilities with no reported officer compensation.
EIN: 20221243 · Keene, NH · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $287K |
| Total Expenses | $97K |
| Program Spending | 90% |
| Net Assets | $297K |
| Transparency Score | 90/100 |
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 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: 20221243) is a nonprofit organization based in Keene, NH. The organization reported total revenue of $287K and total assets of $328K 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 small nonprofit that has been operating for 63 years, with 12 years of IRS 990 filings on record (2011–2022). Revenue has grown at a compound annual rate of 2.9%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $120K |
| Total Expenses | $97K |
| Surplus / Deficit | +$23K |
| Total Assets | $298K |
| Total Liabilities | $829 |
| Net Assets | $297K |
| Operating Margin | 18.9% |
| Debt-to-Asset Ratio | 0.3% |
| Months of Reserves | 36.8 months |
Financial Health Grade: A
In 2022, Veterans Of Foreign Wars Department Of New Hampshire reported a surplus of $23K with revenue exceeding expenses, holds 36.8 months of operating reserves (strong position), has a debt-to-asset ratio of 0.3% (very low leverage).
Financial Trends
Over 12 years of filings (2011–2022), Veterans Of Foreign Wars Department Of New Hampshire's revenue has grown at a compound annual growth rate (CAGR) of 2.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -28.0% | -5.9% | +8.3% |
| 2021 | +36.2% | +21.9% | +29.8% |
| 2020 | -3.4% | -1.9% | +21.5% |
| 2019 | +8.3% | -7.6% | +28.2% |
| 2018 | +18.5% | +2.7% | +23.2% |
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: 90%
- fundraising: 0%
According to IRS 990 filings, Veterans Of Foreign Wars Department Of New Hampshire allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $23K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.3%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that its leadership is likely volunteer-based or compensated through non-officer categories, which is highly favorable for directing funds to its mission.
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:
- NTEE Code is unknown, which can make it harder to categorize and compare with similar organizations.
Strengths
The following positive indicators were identified for Veterans Of Foreign Wars Department Of New Hampshire:
- Consistent asset growth, increasing from $146,363 in 2013 to $298,206 in 2022.
- Very low liabilities, consistently under $1,000 in recent years, indicating strong financial management.
- 0% reported officer compensation across all filings, maximizing funds for programs.
- Healthy revenue growth over the past decade, from $95,631 in 2013 to $119,919 in 2022.
- Positive net assets and strong financial reserves.
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: 20221243) 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: $287K. 1 red flag 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 90% of its spending to programs and services. 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: 20221243). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Veterans Of Foreign Wars Department Of New Hampshire located?
Veterans Of Foreign Wars Department Of New Hampshire is headquartered in Keene, New Hampshire and files with the IRS under EIN 20221243.
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 $287K in total revenue.
Is Veterans Of Foreign Wars Department Of New Hampshire a good charity?
Based on the provided financial data, the organization demonstrates strong financial health, consistent asset growth, very low liabilities, and no reported officer compensation, all of which are positive indicators of a well-managed and efficient charity.
How has the organization's financial health changed over the past decade?
The organization has shown significant financial improvement, with revenue increasing from $95,631 in 2013 to $119,919 in 2022, and assets more than doubling from $146,363 to $298,206 in the same period, while maintaining very low liabilities.
What is the organization's approach to executive compensation?
The organization consistently reports 0% officer compensation, suggesting a volunteer-driven leadership model or compensation structure that does not fall under 'officer compensation' on the 990-EZ, which is highly efficient for a nonprofit.
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 (2011–2022), Veterans Of Foreign Wars Department Of New Hampshire's revenue has grown by 36.9%, moving from $88K to $120K. Total assets increased by 98.7% over the same period, from $150K to $298K. Total functional expenses fell by 3.3%, from $101K to $97K. In its most recent filing year (2022), Veterans Of Foreign Wars Department Of New Hampshire reported a surplus of $23K, with revenue exceeding expenses. The organization holds $829 in liabilities against $298K in assets (debt-to-asset ratio: 0.3%), resulting in net assets of $297K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $120K | $97K | $298K | $829 | — | View 990 |
| 2021 | $167K | $103K | $275K | $789 | — | View 990 |
| 2020 | $122K | $85K | $212K | $857 | — | — |
| 2019 | $127K | $86K | $175K | $1K | — | View 990 |
| 2018 | $117K | $93K | $136K | $840 | — | View 990 |
| 2017 | $99K | $91K | $111K | $513 | — | View 990 |
| 2016 | $104K | $114K | $103K | $1K | — | View 990 |
| 2015 | $100K | $119K | $112K | $568 | — | View 990 |
| 2014 | $105K | $120K | $131K | $652 | — | View 990 |
| 2013 | $96K | $94K | $146K | $924 | — | View 990 |
| 2012 | $100K | $105K | $145K | $800 | — | View 990 |
| 2011 | $88K | $101K | $150K | $702 | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $120K, expenses of $97K, and assets of $298K (revenue -28.0% year-over-year).
- 2021: Revenue of $167K, expenses of $103K, and assets of $275K (revenue +36.2% year-over-year).
- 2020: Revenue of $122K, expenses of $85K, and assets of $212K (revenue -3.4% year-over-year).
- 2019: Revenue of $127K, expenses of $86K, and assets of $175K (revenue +8.3% year-over-year).
- 2018: Revenue of $117K, expenses of $93K, and assets of $136K (revenue +18.5% year-over-year).
- 2017: Revenue of $99K, expenses of $91K, and assets of $111K (revenue -5.3% year-over-year).
- 2016: Revenue of $104K, expenses of $114K, and assets of $103K (revenue +4.1% year-over-year).
- 2015: Revenue of $100K, expenses of $119K, and assets of $112K (revenue -5.1% year-over-year).
- 2014: Revenue of $105K, expenses of $120K, and assets of $131K (revenue +10.2% year-over-year).
- 2013: Revenue of $96K, expenses of $94K, and assets of $146K (revenue -4.4% year-over-year).
- 2012: Revenue of $100K, expenses of $105K, and assets of $145K (revenue +14.2% year-over-year).
- 2011: Revenue of $88K, expenses of $101K, and assets of $150K.
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.