Warner House Association
Warner House Association faces significant deficit in latest fiscal year despite historical financial stability.
EIN: 20241407 · Portsmouth, NH · NTEE: A82Z · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $228K |
| Total Expenses | $614K |
| Program Spending | 75% |
| Net Assets | $1.4M |
| Transparency Score | 70/100 |
Is Warner House Association Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Warner House Association directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Warner House Association
Warner House Association (EIN: 20241407) is a nonprofit organization based in Portsmouth, NH, classified under NTEE code A82Z. The organization reported total revenue of $228K and total assets of $1.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Warner House Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Warner House Association is a small nonprofit that has been operating for 92 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 9.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $207K |
| Total Expenses | $614K |
| Surplus / Deficit | $-407,152 |
| Total Assets | $1.4M |
| Total Liabilities | $3K |
| Net Assets | $1.4M |
| Operating Margin | -196.5% |
| Debt-to-Asset Ratio | 0.2% |
| Months of Reserves | 26.7 months |
Financial Health Grade: B
In 2023, Warner House Association reported a deficit of $407K with expenses exceeding revenue, holds 26.7 months of operating reserves (strong position), has a debt-to-asset ratio of 0.2% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Warner House Association's revenue has grown at a compound annual growth rate (CAGR) of 9.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +3.4% | +708.6% | -21.5% |
| 2022 | -20.8% | -12.6% | +19.1% |
| 2021 | +330.6% | -4.0% | +36.2% |
| 2020 | -53.7% | +20.0% | -2.8% |
| 2019 | +37.9% | -0.8% | +12.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1934 |
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 Warner House Association with a Mission Score of 70 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 75%
- fundraising: 10%
According to IRS 990 filings, Warner House Association allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% 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 deficit of $407K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.2%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no officers or key employees received compensation from the organization, which is highly favorable for transparency and resource allocation.
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 Warner House Association's IRS 990 filings:
- Significant deficit in the latest fiscal year (202310) where expenses ($614,364) far exceeded revenue ($207,212).
- Dramatic increase in expenses in 202310 compared to previous years without a corresponding revenue increase.
- Decrease in total assets from $1,739,655 in 202210 to $1,364,868 in 202310.
Strengths
The following positive indicators were identified for Warner House Association:
- Consistent reporting of 0% officer compensation across all filings, indicating strong transparency and efficient use of funds for leadership.
- Historically low liabilities, suggesting good financial management of debt.
- Long filing history (13 filings) indicates consistent compliance with IRS reporting requirements.
- Significant asset base ($1,364,868 in 202310) provides some financial cushion.
Frequently Asked Questions about Warner House Association
Is Warner House Association a legitimate charity?
Based on AI analysis of IRS 990 filings, Warner House Association (EIN: 20241407) some concerns. Mission Score: 70/100. 3 red flags identified, 4 strengths noted.
How does Warner House Association spend its money?
Warner House Association directs 75% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Warner House Association tax-deductible?
Warner House Association is registered as a tax-exempt nonprofit (EIN: 20241407). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Warner House Association's spending goes to programs?
Warner House Association directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Warner House Association compare to similar nonprofits?
With a transparency score of 70/100 (Good), Warner House Association is above average for NTEE category A82Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Warner House Association located?
Warner House Association is headquartered in Portsmouth, New Hampshire and files with the IRS under EIN 20241407. It is classified under NTEE code A82Z.
How many years of IRS 990 filings does Warner House Association have?
Warner House Association 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 $228K in total revenue.
What caused the significant increase in expenses in the 202310 period, from $75,975 in 202210 to $614,364?
The IRS 990 data shows a dramatic jump in expenses in the latest filing period (202310) without a clear explanation in the provided summary. This would require reviewing the full 990 form for detailed expense categories.
How does the Warner House Association plan to address the $407,152 deficit reported in 202310?
The provided data does not detail future financial plans. The deficit of $407,152 (Expenses $614,364 - Revenue $207,212) in 202310 is substantial and would likely require drawing from reserves or securing new funding sources.
Is the organization's asset base sufficient to cover potential future deficits given the recent spending trend?
With assets of $1,364,868 in 202310 and a deficit of over $400,000 in that same year, a sustained trend of such deficits could significantly erode the asset base over time, impacting long-term sustainability.
Filing History
IRS 990 filing history for Warner House Association showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Warner House Association's revenue has grown by 202.5%, moving from $68K to $207K. Total assets increased by 127% over the same period, from $601K to $1.4M. Total functional expenses rose by 1173.1%, from $48K to $614K. In its most recent filing year (2023), Warner House Association reported a deficit of $407K, with expenses exceeding revenue. The organization holds $3K in liabilities against $1.4M in assets (debt-to-asset ratio: 0.2%), resulting in net assets of $1.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $207K | $614K | $1.4M | $3K | — | View 990 |
| 2022 | $200K | $76K | $1.7M | $8K | — | View 990 |
| 2021 | $253K | $87K | $1.5M | $3K | — | View 990 |
| 2020 | $59K | $91K | $1.1M | $3K | — | View 990 |
| 2019 | $127K | $75K | $1.1M | $3K | — | View 990 |
| 2018 | $92K | $76K | $983K | $31K | — | View 990 |
| 2017 | $58K | $79K | $962K | $7K | — | View 990 |
| 2016 | $77K | $123K | $880K | $6K | — | View 990 |
| 2015 | $103K | $84K | $933K | $8K | — | — |
| 2014 | $317K | $69K | $937K | $5K | — | View 990 |
| 2013 | $46K | $61K | $589K | $3K | — | View 990 |
| 2012 | $40K | $40K | $603K | $3K | — | View 990 |
| 2011 | $68K | $48K | $601K | $3K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $207K, expenses of $614K, and assets of $1.4M (revenue +3.4% year-over-year).
- 2022: Revenue of $200K, expenses of $76K, and assets of $1.7M (revenue -20.8% year-over-year).
- 2021: Revenue of $253K, expenses of $87K, and assets of $1.5M (revenue +330.6% year-over-year).
- 2020: Revenue of $59K, expenses of $91K, and assets of $1.1M (revenue -53.7% year-over-year).
- 2019: Revenue of $127K, expenses of $75K, and assets of $1.1M (revenue +37.9% year-over-year).
- 2018: Revenue of $92K, expenses of $76K, and assets of $983K (revenue +59.8% year-over-year).
- 2017: Revenue of $58K, expenses of $79K, and assets of $962K (revenue -25.6% year-over-year).
- 2016: Revenue of $77K, expenses of $123K, and assets of $880K (revenue -24.5% year-over-year).
- 2015: Revenue of $103K, expenses of $84K, and assets of $933K (revenue -67.6% year-over-year).
- 2014: Revenue of $317K, expenses of $69K, and assets of $937K (revenue +585.6% year-over-year).
- 2013: Revenue of $46K, expenses of $61K, and assets of $589K (revenue +16.6% year-over-year).
- 2012: Revenue of $40K, expenses of $40K, and assets of $603K (revenue -42.1% year-over-year).
- 2011: Revenue of $68K, expenses of $48K, and assets of $601K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Warner House Association:
Data Sources and Methodology
This transparency report for Warner House 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.