Walpole Village District Nursing Association
Walpole Village District Nursing Association maintains stable assets despite fluctuating revenues and occasional operational deficits.
EIN: 20262942 · Walpole, NH · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $19K |
| Total Expenses | $12K |
| Program Spending | 85% |
| Net Assets | $108K |
| Transparency Score | 85/100 |
Is Walpole Village District Nursing Association Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Walpole Village District Nursing Association directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Walpole Village District Nursing Association
Walpole Village District Nursing Association (EIN: 20262942) is a nonprofit organization based in Walpole, NH. The organization reported total revenue of $19K and total assets of $108K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Walpole Village District Nursing Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Walpole Village District Nursing Association is a micro nonprofit that has been operating for 63 years, with 10 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of 1.7%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $9K |
| Total Expenses | $12K |
| Surplus / Deficit | $-3,601 |
| Total Assets | $108K |
| Total Liabilities | $1 |
| Net Assets | $108K |
| Operating Margin | -40.9% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 104.3 months |
Financial Health Grade: B
In 2024, Walpole Village District Nursing Association reported a deficit of $4K with expenses exceeding revenue, holds 104.3 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2012–2024), Walpole Village District Nursing Association's revenue has grown at a compound annual growth rate (CAGR) of 1.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -31.3% | +0.2% | -3.2% |
| 2023 | -25.5% | -6.6% | +0.4% |
| 2022 | +37.4% | +17.0% | +3.7% |
| 2021 | +88.7% | +0.1% | +1.1% |
| 2020 | -3.9% | +5.7% | -6.2% |
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 Walpole Village District Nursing Association 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, Walpole Village District Nursing Association 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $4K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no officers receive salaries from the organization, 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.
Red Flags
The following concerns were identified during AI analysis of Walpole Village District Nursing Association's IRS 990 filings:
- Consistent operational deficits in several years (e.g., 202401: $8,804 revenue vs $12,405 expenses), indicating reliance on reserves.
Strengths
The following positive indicators were identified for Walpole Village District Nursing Association:
- Zero officer compensation reported across all filings, ensuring funds are directed to mission.
- Stable asset base (e.g., $107,940 latest assets) providing financial security.
- Consistent IRS 990 filing history demonstrates strong transparency and compliance.
- Low liabilities (consistently $1 or $0) indicating sound financial management.
Frequently Asked Questions about Walpole Village District Nursing Association
Is Walpole Village District Nursing Association a legitimate charity?
Based on AI analysis of IRS 990 filings, Walpole Village District Nursing Association (EIN: 20262942) some concerns. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
How does Walpole Village District Nursing Association spend its money?
Walpole Village District Nursing Association directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Walpole Village District Nursing Association tax-deductible?
Walpole Village District Nursing Association is registered as a tax-exempt nonprofit (EIN: 20262942). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Walpole Village District Nursing Association's spending goes to programs?
Walpole Village District Nursing Association directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Walpole Village District Nursing Association located?
Walpole Village District Nursing Association is headquartered in Walpole, New Hampshire and files with the IRS under EIN 20262942.
How many years of IRS 990 filings does Walpole Village District Nursing Association have?
Walpole Village District Nursing Association has 10 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 $19K in total revenue.
How does Walpole Village District Nursing Association sustain operations with expenses often exceeding revenue?
The organization appears to sustain operations by drawing from its stable asset base, which has consistently been over $100,000, or through accumulated surpluses from prior years where revenue exceeded expenses, such as in 202301 ($12,820 revenue vs $12,386 expenses).
What are the primary sources of revenue for the organization?
While specific sources are not detailed in the provided data, the fluctuating revenue figures (e.g., $6,636 in 202001 vs $17,205 in 202201) suggest a mix of donations, grants, and potentially service fees, typical for a nursing association.
Is the organization's asset base sufficient for its long-term sustainability?
With assets consistently above $100,000 and annual expenses typically around $10,000-$13,000, the organization holds approximately 8-10 years of operating expenses in reserve, which indicates a strong position for long-term sustainability, assuming current spending levels.
Filing History
IRS 990 filing history for Walpole Village District Nursing Association showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2012–2024), Walpole Village District Nursing Association's revenue has grown by 21.7%, moving from $7K to $9K. Total assets decreased by 13.7% over the same period, from $125K to $108K. Total functional expenses rose by 20.4%, from $10K to $12K. In its most recent filing year (2024), Walpole Village District Nursing Association reported a deficit of $4K, with expenses exceeding revenue. The organization holds $1 in liabilities against $108K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $108K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $9K | $12K | $108K | $1 | — | — |
| 2023 | $13K | $12K | $111K | $1 | — | View 990 |
| 2022 | $17K | $13K | $111K | $1 | — | — |
| 2021 | $13K | $11K | $107K | $1 | — | — |
| 2020 | $7K | $11K | $106K | $1 | — | View 990 |
| 2016 | $7K | $11K | $113K | $1 | — | View 990 |
| 2015 | $12K | $11K | $117K | $1 | — | View 990 |
| 2014 | $5K | $11K | $116K | $1 | — | View 990 |
| 2013 | $6K | $9K | $122K | $1 | — | View 990 |
| 2012 | $7K | $10K | $125K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $9K, expenses of $12K, and assets of $108K (revenue -31.3% year-over-year).
- 2023: Revenue of $13K, expenses of $12K, and assets of $111K (revenue -25.5% year-over-year).
- 2022: Revenue of $17K, expenses of $13K, and assets of $111K (revenue +37.4% year-over-year).
- 2021: Revenue of $13K, expenses of $11K, and assets of $107K (revenue +88.7% year-over-year).
- 2020: Revenue of $7K, expenses of $11K, and assets of $106K (revenue -3.9% year-over-year).
- 2016: Revenue of $7K, expenses of $11K, and assets of $113K (revenue -40.7% year-over-year).
- 2015: Revenue of $12K, expenses of $11K, and assets of $117K (revenue +125.2% year-over-year).
- 2014: Revenue of $5K, expenses of $11K, and assets of $116K (revenue -14.3% year-over-year).
- 2013: Revenue of $6K, expenses of $9K, and assets of $122K (revenue -16.5% year-over-year).
- 2012: Revenue of $7K, expenses of $10K, and assets of $125K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Walpole Village District Nursing Association:
Data Sources and Methodology
This transparency report for Walpole Village District Nursing Association 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.