Walpole Village School
Walpole Village School consistently operates within its means with no officer compensation, despite a significant reduction in assets over the last decade.
EIN: 20318776 · Walpole, NH · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $183K |
| Total Expenses | $175K |
| Program Spending | 85% |
| Net Assets | $131K |
| Transparency Score | 88/100 |
Is Walpole Village School Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Walpole Village School directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Walpole Village School
Walpole Village School (EIN: 20318776) is a nonprofit organization based in Walpole, NH. The organization reported total revenue of $183K and total assets of $152K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Walpole Village School's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Walpole Village School is a small nonprofit that has been operating for 49 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -0.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $203K |
| Total Expenses | $175K |
| Surplus / Deficit | +$28K |
| Total Assets | $138K |
| Total Liabilities | $7K |
| Net Assets | $131K |
| Operating Margin | 13.9% |
| Debt-to-Asset Ratio | 5.3% |
| Months of Reserves | 9.5 months |
Financial Health Grade: A
In 2023, Walpole Village School reported a surplus of $28K with revenue exceeding expenses, holds 9.5 months of operating reserves (strong position), has a debt-to-asset ratio of 5.3% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Walpole Village School's revenue has declined at a compound annual growth rate (CAGR) of -0.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +27.7% | +1.5% | -51.3% |
| 2022 | -17.1% | +1.2% | -13.2% |
| 2021 | +13.8% | -4.7% | +3.4% |
| 2020 | -3.4% | +2.7% | +0.9% |
| 2019 | +23.8% | +4.6% | -3.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1977 |
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 School with a Mission Score of 88 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 School 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $28K, with revenue exceeding expenses.
- Debt-to-asset ratio: 5.3%.
Executive Compensation Analysis
Walpole Village School reports 0% officer compensation across all available filings, indicating that no salaries or benefits are paid to its officers, which is an exceptional level of financial efficiency and dedication 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 School's IRS 990 filings:
- Significant decline in total assets over the past decade without clear explanation in provided data.
Strengths
The following positive indicators were identified for Walpole Village School:
- Consistent operation within revenue, often generating surpluses (e.g., $202,767 revenue vs. $174,535 expenses in 202307).
- 0% officer compensation reported across all filings, indicating exceptional efficiency and dedication.
- Substantial reduction in liabilities, demonstrating strong debt management (from $251,418 in 201407 to $7,352 in 202307).
- Long history of IRS 990 filings, indicating commitment to transparency.
- Positive net assets, even with the decline, showing financial stability.
Frequently Asked Questions about Walpole Village School
Is Walpole Village School a legitimate charity?
Based on AI analysis of IRS 990 filings, Walpole Village School (EIN: 20318776) some concerns. Mission Score: 88/100. 1 red flag identified, 5 strengths noted.
How does Walpole Village School spend its money?
Walpole Village School directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Walpole Village School tax-deductible?
Walpole Village School is registered as a tax-exempt nonprofit (EIN: 20318776). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Walpole Village School's spending goes to programs?
Walpole Village School directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Walpole Village School located?
Walpole Village School is headquartered in Walpole, New Hampshire and files with the IRS under EIN 20318776.
How many years of IRS 990 filings does Walpole Village School have?
Walpole Village School has 13 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 $183K in total revenue.
Is Walpole Village School a good charity?
Based on the available financial data, Walpole Village School appears to be a well-managed and efficient charity. It consistently operates within its revenue, reports 0% officer compensation, and has significantly reduced its liabilities, indicating strong financial stewardship. The decline in assets warrants further investigation but does not immediately suggest poor management given the corresponding reduction in liabilities.
Why have the assets decreased so much?
The assets of Walpole Village School have decreased from $361,250 in 201407 to $138,462 in 202307. This significant reduction, alongside a substantial decrease in liabilities, could indicate a strategic decision to divest certain assets, a change in investment strategy, or a shift in the organization's operational model. Without more detailed financial statements, the exact reason is unclear, but it's important to note that liabilities have also been significantly reduced.
What is the organization's program spending ratio?
While specific program spending percentages are not detailed in the provided summary, the consistent operation within revenue and the 0% officer compensation suggest a high proportion of expenses are directed towards programs. Given the overall financial health and lack of executive compensation, a significant majority of expenses are likely dedicated to its mission.
Filing History
IRS 990 filing history for Walpole Village School showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Walpole Village School's revenue has declined by 1.8%, moving from $206K to $203K. Total assets decreased by 65.2% over the same period, from $398K to $138K. Total functional expenses fell by 6.5%, from $187K to $175K. In its most recent filing year (2023), Walpole Village School reported a surplus of $28K, with revenue exceeding expenses. The organization holds $7K in liabilities against $138K in assets (debt-to-asset ratio: 5.3%), resulting in net assets of $131K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $203K | $175K | $138K | $7K | — | View 990 |
| 2022 | $159K | $172K | $284K | $181K | — | View 990 |
| 2021 | $192K | $170K | $327K | $211K | — | — |
| 2020 | $168K | $178K | $316K | $222K | — | — |
| 2019 | $174K | $174K | $314K | $210K | — | View 990 |
| 2018 | $141K | $166K | $323K | $220K | — | View 990 |
| 2017 | $211K | $170K | $361K | $232K | — | View 990 |
| 2016 | $164K | $171K | $334K | $247K | — | View 990 |
| 2015 | $154K | $169K | $337K | $243K | — | View 990 |
| 2014 | $145K | $159K | $361K | $251K | — | View 990 |
| 2013 | $175K | $153K | $364K | $241K | — | View 990 |
| 2012 | $140K | $145K | $381K | $281K | — | View 990 |
| 2011 | $206K | $187K | $398K | $292K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $203K, expenses of $175K, and assets of $138K (revenue +27.7% year-over-year).
- 2022: Revenue of $159K, expenses of $172K, and assets of $284K (revenue -17.1% year-over-year).
- 2021: Revenue of $192K, expenses of $170K, and assets of $327K (revenue +13.8% year-over-year).
- 2020: Revenue of $168K, expenses of $178K, and assets of $316K (revenue -3.4% year-over-year).
- 2019: Revenue of $174K, expenses of $174K, and assets of $314K (revenue +23.8% year-over-year).
- 2018: Revenue of $141K, expenses of $166K, and assets of $323K (revenue -33.4% year-over-year).
- 2017: Revenue of $211K, expenses of $170K, and assets of $361K (revenue +29.2% year-over-year).
- 2016: Revenue of $164K, expenses of $171K, and assets of $334K (revenue +6.3% year-over-year).
- 2015: Revenue of $154K, expenses of $169K, and assets of $337K (revenue +5.8% year-over-year).
- 2014: Revenue of $145K, expenses of $159K, and assets of $361K (revenue -17.0% year-over-year).
- 2013: Revenue of $175K, expenses of $153K, and assets of $364K (revenue +25.4% year-over-year).
- 2012: Revenue of $140K, expenses of $145K, and assets of $381K (revenue -32.3% year-over-year).
- 2011: Revenue of $206K, expenses of $187K, and assets of $398K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Walpole Village School:
Data Sources and Methodology
This transparency report for Walpole Village School 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.