Veterans Of Foreign Wars Merrimack Post 8641

Veterans Of Foreign Wars Merrimack Post 8641 shows stable finances and asset growth with no reported officer compensation.

EIN: 20262935 · Merrimack, NH · Updated: 2026-03-28

$674KRevenue

$308KAssets

85/100Mission Score (Excellent)

Is Veterans Of Foreign Wars Merrimack Post 8641 Legit?

Some Concerns

GoodFiling Consistency

ExcellentSpending Efficiency

GoodTransparency

1 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Veterans Of Foreign Wars Merrimack Post 8641 directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Veterans Of Foreign Wars Merrimack Post 8641

Veterans Of Foreign Wars Merrimack Post 8641 (EIN: 20262935) is a nonprofit organization based in Merrimack, NH. The organization reported total revenue of $674K and total assets of $308K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Veterans Of Foreign Wars Merrimack Post 8641's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Veterans Of Foreign Wars Merrimack Post 8641 demonstrates consistent financial activity, with revenues generally exceeding expenses in recent years, indicating a stable operational model. For example, in 2023, revenue was $232,830 against expenses of $178,514, contributing to asset growth. The organization's assets have shown a positive trend, growing from $94,908 in 2019 to $292,855 in 2023, suggesting prudent financial management and accumulation of resources. The absence of reported officer compensation across all available filings is a significant indicator of transparency and a volunteer-driven leadership structure, which can contribute to lower administrative costs and a higher proportion of funds directed towards its mission. However, without a detailed breakdown of program, administrative, and fundraising expenses, a precise assessment of spending efficiency is challenging. The organization's consistent filing history also points to good governance and transparency in reporting its financial activities to the IRS.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Veterans Of Foreign Wars Merrimack Post 8641 with a Mission Score of 85 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 Merrimack Post 8641 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.

Executive Compensation Analysis

The organization reports 0% officer compensation across all available filings, indicating a volunteer-led executive structure, which is highly efficient and directs more 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 Merrimack Post 8641'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 Merrimack Post 8641:

Consistent asset growth, from $94,908 in 2019 to $292,855 in 2023, indicating financial stability.
No reported officer compensation across all filings, suggesting a volunteer-led and highly efficient executive structure.
Revenues consistently exceeding expenses in recent years (e.g., $232,830 revenue vs. $178,514 expenses in 2023), contributing to financial health.
Consistent IRS 990 filing history (13 filings), demonstrating good governance and transparency.

Frequently Asked Questions about Veterans Of Foreign Wars Merrimack Post 8641

Is Veterans Of Foreign Wars Merrimack Post 8641 a legitimate charity?

Based on AI analysis of IRS 990 filings, Veterans Of Foreign Wars Merrimack Post 8641 (EIN: 20262935) some concerns. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.

How does Veterans Of Foreign Wars Merrimack Post 8641 spend its money?

Veterans Of Foreign Wars Merrimack Post 8641 directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.

Are donations to Veterans Of Foreign Wars Merrimack Post 8641 tax-deductible?

Veterans Of Foreign Wars Merrimack Post 8641 is registered as a tax-exempt nonprofit (EIN: 20262935). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

Is Veterans Of Foreign Wars Merrimack Post 8641 a good charity?

Based on the available data, the organization appears to be a good charity. It consistently reports 0% officer compensation, indicating a volunteer-driven model, and has shown consistent asset growth from $94,908 in 2019 to $292,855 in 2023, suggesting financial stability. Its revenues have generally exceeded expenses in recent years, such as $232,830 in revenue against $178,514 in expenses in 2023.

How has the organization's financial health changed over time?

The organization's financial health has generally improved. Assets have grown significantly from $94,908 in 2019 to $292,855 in 2023. While there were periods where expenses exceeded revenue (e.g., 2018 and 2019), recent years (2021-2023) show revenues consistently exceeding expenses, indicating a positive trend in financial stability.

What is the organization's approach to executive compensation?

The organization's approach to executive compensation is highly conservative, reporting 0% officer compensation in all available filings. This suggests that its leadership is entirely volunteer-based, which is a strong indicator of dedication to its mission and efficient use of funds.

Filing History

IRS 990 filing history for Veterans Of Foreign Wars Merrimack Post 8641 showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Veterans Of Foreign Wars Merrimack Post 8641's revenue has grown by 46.3%, moving from $159K to $233K. Total assets increased by 61.6% over the same period, from $181K to $293K. Total functional expenses rose by 30.3%, from $137K to $179K. In its most recent filing year (2023), Veterans Of Foreign Wars Merrimack Post 8641 reported a surplus of $54K, with revenue exceeding expenses. The organization holds $16K in liabilities against $293K in assets (debt-to-asset ratio: 5.5%), resulting in net assets of $277K.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$233K	$179K	$293K	$16K	—	View 990
2022	$194K	$150K	$241K	$19K	—	View 990
2021	$213K	$104K	$200K	$21K	—	View 990
2020	$101K	$124K	$160K	$90K	—	View 990
2019	$154K	$171K	$95K	$2K	—	View 990
2018	$181K	$211K	$110K	$0	—	View 990
2017	$184K	$188K	$140K	$182	—	View 990
2016	$196K	$207K	$150K	$6K	—	View 990
2015	$189K	$184K	$168K	$14K	—	View 990
2014	$196K	$182K	$173K	$25K	—	View 990
2013	$175K	$172K	$167K	$32K	—	View 990
2012	$138K	$132K	$173K	$40K	—	View 990
2011	$159K	$137K	$181K	$49K	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $233K, expenses of $179K, and assets of $293K (revenue +20.2% year-over-year).
2022: Revenue of $194K, expenses of $150K, and assets of $241K (revenue -9.3% year-over-year).
2021: Revenue of $213K, expenses of $104K, and assets of $200K (revenue +112.1% year-over-year).
2020: Revenue of $101K, expenses of $124K, and assets of $160K (revenue -34.8% year-over-year).
2019: Revenue of $154K, expenses of $171K, and assets of $95K (revenue -14.7% year-over-year).
2018: Revenue of $181K, expenses of $211K, and assets of $110K (revenue -1.6% year-over-year).
2017: Revenue of $184K, expenses of $188K, and assets of $140K (revenue -6.3% year-over-year).
2016: Revenue of $196K, expenses of $207K, and assets of $150K (revenue +3.6% year-over-year).
2015: Revenue of $189K, expenses of $184K, and assets of $168K (revenue -3.3% year-over-year).
2014: Revenue of $196K, expenses of $182K, and assets of $173K (revenue +12.2% year-over-year).
2013: Revenue of $175K, expenses of $172K, and assets of $167K (revenue +26.3% year-over-year).
2012: Revenue of $138K, expenses of $132K, and assets of $173K (revenue -13.2% year-over-year).
2011: Revenue of $159K, expenses of $137K, and assets of $181K.

Data Sources and Methodology

This transparency report for Veterans Of Foreign Wars Merrimack Post 8641 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.