Weare Athletic Club
Weare Athletic Club shows consistent revenue growth and zero officer compensation, but frequently operates with expenses exceeding revenue.
EIN: 20446340 · Weare, NH · NTEE: O20 · Updated: 2026-03-28
Is Weare Athletic Club Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Weare Athletic Club directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Weare Athletic Club
Weare Athletic Club (EIN: 20446340) is a nonprofit organization based in Weare, NH, classified under NTEE code O20. The organization reported total revenue of $151K and total assets of $28K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Weare Athletic Club's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Weare Athletic Club 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: 90%
- fundraising: 0%
According to IRS 990 filings, Weare Athletic Club 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.
Executive Compensation Analysis
Executive compensation is consistently reported at 0% across all available filings, indicating that the organization's leadership is likely volunteer-based or compensated through non-officer channels, which is highly favorable for an organization of its size ($141,702 revenue in 2023).
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 Weare Athletic Club's IRS 990 filings:
- Frequent reporting of expenses exceeding revenue, which could impact long-term sustainability if not managed effectively.
Strengths
The following positive indicators were identified for Weare Athletic Club:
- Consistent 0% officer compensation, indicating efficient use of funds and likely volunteer leadership.
- Healthy asset base ($45,161 in 2023) with minimal liabilities, suggesting financial stability.
- Positive revenue growth trend over the last few years, from $59,539 in 2020 to $141,702 in 2023.
- Long history of IRS 990 filings (13 filings), demonstrating transparency and compliance.
Frequently Asked Questions about Weare Athletic Club
Is Weare Athletic Club a legitimate charity?
Based on AI analysis of IRS 990 filings, Weare Athletic Club (EIN: 20446340) some concerns. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
How does Weare Athletic Club spend its money?
Weare Athletic Club directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Weare Athletic Club tax-deductible?
Weare Athletic Club is registered as a tax-exempt nonprofit (EIN: 20446340). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Weare Athletic Club a good charity?
Based on the available data, Weare Athletic Club appears to be a good charity. It consistently reports 0% officer compensation, suggesting a strong commitment to directing funds towards its mission. While expenses sometimes exceed revenue, its asset base remains stable, and it has a long history of IRS filings.
How does Weare Athletic Club manage its finances given expenses often exceed revenue?
While expenses frequently exceed revenue (e.g., $147,951 expenses vs. $141,702 revenue in 2023), the organization maintains a healthy asset base ($45,161 in 2023) and minimal liabilities. This suggests they may draw from reserves during leaner years or manage cash flow effectively to cover shortfalls without accumulating significant debt.
What is the trend in Weare Athletic Club's revenue over the past few years?
Weare Athletic Club has shown a positive revenue trend over the past few years, increasing from $59,539 in 2020 to $141,702 in 2023, indicating significant growth in its financial activity.
Filing History
IRS 990 filing history for Weare Athletic Club showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Weare Athletic Club's revenue has grown by 205.9%, moving from $46K to $142K. Total assets increased by 55.6% over the same period, from $29K to $45K. Total functional expenses rose by 187.1%, from $52K to $148K. In its most recent filing year (2023), Weare Athletic Club reported a deficit of $6K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $142K | $148K | $45K | $0 | — | View 990 |
| 2022 | $104K | $108K | $52K | $1K | — | View 990 |
| 2021 | $88K | $72K | $55K | $0 | — | View 990 |
| 2020 | $60K | $70K | $39K | $0 | — | — |
| 2019 | $89K | $97K | $50K | $0 | — | View 990 |
| 2018 | $87K | $87K | $58K | $0 | — | View 990 |
| 2017 | $74K | $67K | $59K | $900 | — | View 990 |
| 2016 | $77K | $56K | $52K | $0 | — | View 990 |
| 2015 | $61K | $65K | $32K | $0 | — | View 990 |
| 2014 | $48K | $50K | $36K | $0 | — | View 990 |
| 2013 | $46K | $39K | $37K | $0 | — | View 990 |
| 2012 | $48K | $46K | $31K | $0 | — | View 990 |
| 2011 | $46K | $52K | $29K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $142K, expenses of $148K, and assets of $45K (revenue +36.2% year-over-year).
- 2022: Revenue of $104K, expenses of $108K, and assets of $52K (revenue +18.2% year-over-year).
- 2021: Revenue of $88K, expenses of $72K, and assets of $55K (revenue +47.9% year-over-year).
- 2020: Revenue of $60K, expenses of $70K, and assets of $39K (revenue -33.2% year-over-year).
- 2019: Revenue of $89K, expenses of $97K, and assets of $50K (revenue +3.0% year-over-year).
- 2018: Revenue of $87K, expenses of $87K, and assets of $58K (revenue +17.6% year-over-year).
- 2017: Revenue of $74K, expenses of $67K, and assets of $59K (revenue -3.9% year-over-year).
- 2016: Revenue of $77K, expenses of $56K, and assets of $52K (revenue +25.2% year-over-year).
- 2015: Revenue of $61K, expenses of $65K, and assets of $32K (revenue +26.4% year-over-year).
- 2014: Revenue of $48K, expenses of $50K, and assets of $36K (revenue +5.0% year-over-year).
- 2013: Revenue of $46K, expenses of $39K, and assets of $37K (revenue -3.7% year-over-year).
- 2012: Revenue of $48K, expenses of $46K, and assets of $31K (revenue +3.3% year-over-year).
- 2011: Revenue of $46K, expenses of $52K, and assets of $29K.
Data Sources and Methodology
This transparency report for Weare Athletic Club 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.