Weare Friends
Weare Friends reports no revenue or assets in its latest filing, following periods of modest activity and fluctuating financial performance.
EIN: 20427494 · Weare, NH · NTEE: B94 · Updated: 2026-03-28
Is Weare Friends Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Weare Friends directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Weare Friends
Weare Friends (EIN: 20427494) is a nonprofit organization based in Weare, NH, classified under NTEE code B94. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Weare Friends'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 Friends 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: 80%
- fundraising: 5%
According to IRS 990 filings, Weare Friends allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Officer compensation has consistently been reported as 0% in the available filings, indicating that the organization's leadership is likely volunteer-based or compensated through non-officer roles, which is typical for very small nonprofits.
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 Friends's IRS 990 filings:
- Latest filing shows $0 revenue and $0 assets, potentially indicating inactivity or cessation of operations.
- Fluctuating financial performance with a deficit in 2011 ($22,342 expenses vs. $17,023 revenue).
Strengths
The following positive indicators were identified for Weare Friends:
- Consistently reports 0% officer compensation, suggesting volunteer leadership.
- Maintained positive assets in active periods (e.g., $8,375 in 2012).
Frequently Asked Questions about Weare Friends
Is Weare Friends a legitimate charity?
Based on AI analysis of IRS 990 filings, Weare Friends (EIN: 20427494) some concerns. Mission Score: 70/100. 2 red flags identified, 2 strengths noted.
How does Weare Friends spend its money?
Weare Friends directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Weare Friends tax-deductible?
Weare Friends is registered as a tax-exempt nonprofit (EIN: 20427494). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What is the current operational status of Weare Friends, given the $0 revenue and assets in the latest data?
The provided data shows $0 in revenue and assets for the latest period, which could indicate inactivity, a very recent formation, or that the provided 'latest' data point is incomplete or represents a period of dormancy. Further investigation into more recent filings or direct contact with the organization would be needed to confirm its current operational status.
How does Weare Friends fund its operations if it reports $0 revenue?
Based on the provided data, the organization reported $0 revenue for the latest period. Historically, it relied on revenues of $19,246 (2012) and $17,023 (2011). If the $0 revenue is current, it would suggest the organization is not actively receiving funds or is no longer operational. Without more recent data, it's difficult to determine current funding sources.
Filing History
IRS 990 filing history for Weare Friends showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2011–2012), Weare Friends's revenue has grown by 13.1%, moving from $17K to $19K. Total assets increased by 73.5% over the same period, from $5K to $8K. Total functional expenses fell by 29.7%, from $22K to $16K. In its most recent filing year (2012), Weare Friends reported a surplus of $4K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2012 | $19K | $16K | $8K | $0 | — | View 990 |
| 2011 | $17K | $22K | $5K | $0 | — | View 990 |
Data Sources and Methodology
This transparency report for Weare Friends 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.