White Mountain Board Of Realtors
White Mountain Board Of Realtors maintains stable finances with no officer compensation.
EIN: 20342672 · Conway, NH · NTEE: S47 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $88K |
| Total Expenses | $83K |
| Program Spending | 85% |
| Net Assets | $136K |
| Transparency Score | 90/100 |
Is White Mountain Board Of Realtors Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
White Mountain Board Of Realtors directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About White Mountain Board Of Realtors
White Mountain Board Of Realtors (EIN: 20342672) is a nonprofit organization based in Conway, NH, classified under NTEE code S47. The organization reported total revenue of $88K and total assets of $195K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of White Mountain Board Of Realtors's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
White Mountain Board Of Realtors is a micro nonprofit that has been operating for 11 years, with 10 years of IRS 990 filings on record (2014–2023). Revenue has grown at a compound annual rate of 4.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $83K |
| Total Expenses | $83K |
| Surplus / Deficit | +$623 |
| Total Assets | $177K |
| Total Liabilities | $41K |
| Net Assets | $136K |
| Operating Margin | 0.7% |
| Debt-to-Asset Ratio | 23.1% |
| Months of Reserves | 25.7 months |
Financial Health Grade: A
In 2023, White Mountain Board Of Realtors reported a surplus of $623 with revenue exceeding expenses, holds 25.7 months of operating reserves (strong position), has a debt-to-asset ratio of 23.1% (moderate leverage).
Financial Trends
Over 10 years of filings (2014–2023), White Mountain Board Of Realtors's revenue has grown at a compound annual growth rate (CAGR) of 4.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -2.3% | +25.0% | +7.0% |
| 2022 | +39.6% | +9.7% | -1.5% |
| 2021 | -25.3% | +31.1% | -7.8% |
| 2020 | +14.8% | -18.7% | +18.1% |
| 2019 | -2.2% | -16.8% | +19.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 4000 |
| IRS Ruling Date | 2015 |
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 White Mountain Board Of Realtors with a Mission Score of 90 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, White Mountain Board Of Realtors 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 $623, with revenue exceeding expenses.
- Debt-to-asset ratio: 23.1%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no salaries are paid to its officers. This suggests a volunteer-led or very lean administrative structure, which is highly favorable for a nonprofit of this 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.
Strengths
The following positive indicators were identified for White Mountain Board Of Realtors:
- Consistent 0% officer compensation, indicating strong financial transparency and mission focus.
- Steady growth in assets, from $153,101 in 2014 to $176,941 in 2023, demonstrating financial stability.
- Expenses are well-controlled relative to revenue, leading to a stable financial position.
- Low liabilities relative to assets, suggesting a healthy balance sheet ($40,810 liabilities vs. $176,941 assets in 2023).
Frequently Asked Questions about White Mountain Board Of Realtors
Is White Mountain Board Of Realtors a legitimate charity?
Based on AI analysis of IRS 990 filings, White Mountain Board Of Realtors (EIN: 20342672) appears legitimate. Mission Score: 90/100. 0 red flags identified, 4 strengths noted.
How does White Mountain Board Of Realtors spend its money?
White Mountain Board Of Realtors directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to White Mountain Board Of Realtors tax-deductible?
White Mountain Board Of Realtors is registered as a tax-exempt nonprofit (EIN: 20342672). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of White Mountain Board Of Realtors's spending goes to programs?
White Mountain Board Of Realtors directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does White Mountain Board Of Realtors compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), White Mountain Board Of Realtors is above average for NTEE category S47 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is White Mountain Board Of Realtors located?
White Mountain Board Of Realtors is headquartered in Conway, New Hampshire and files with the IRS under EIN 20342672. It is classified under NTEE code S47.
How many years of IRS 990 filings does White Mountain Board Of Realtors have?
White Mountain Board Of Realtors 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 $88K in total revenue.
Is White Mountain Board Of Realtors a good charity?
Based on the available financial data, the White Mountain Board Of Realtors appears to be a well-managed and transparent organization. Its consistent reporting of 0% officer compensation is a significant positive indicator, suggesting that resources are directed towards its operational mission rather than executive salaries. The organization also demonstrates financial stability with growing assets and controlled expenses.
How does White Mountain Board Of Realtors manage its finances?
The organization manages its finances prudently, consistently operating near break-even or with small surpluses. For example, in 2023, revenue was $83,209 and expenses were $82,586. Assets have grown steadily from $153,101 in 2014 to $176,941 in 2023, indicating responsible asset accumulation. Liabilities are also kept at manageable levels relative to assets.
What is the trend in White Mountain Board Of Realtors' revenue and expenses?
Revenue has generally fluctuated but remained stable over the past decade, averaging around $70,000-$80,000 annually, with the latest reported revenue at $83,209 in 2023. Expenses have also been managed to align closely with revenue, preventing significant deficits, as seen in 2023 where expenses were $82,586 against $83,209 in revenue.
Filing History
IRS 990 filing history for White Mountain Board Of Realtors showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2014–2023), White Mountain Board Of Realtors's revenue has grown by 54.3%, moving from $54K to $83K. Total assets increased by 15.6% over the same period, from $153K to $177K. Total functional expenses rose by 35.4%, from $61K to $83K. In its most recent filing year (2023), White Mountain Board Of Realtors reported a surplus of $623, with revenue exceeding expenses. The organization holds $41K in liabilities against $177K in assets (debt-to-asset ratio: 23.1%), resulting in net assets of $136K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $83K | $83K | $177K | $41K | — | — |
| 2022 | $85K | $66K | $165K | $37K | — | View 990 |
| 2021 | $61K | $60K | $168K | $40K | — | — |
| 2020 | $82K | $46K | $182K | $55K | — | View 990 |
| 2019 | $71K | $57K | $154K | $68K | — | View 990 |
| 2018 | $73K | $68K | $129K | $67K | — | View 990 |
| 2017 | $66K | $65K | $105K | $36K | — | View 990 |
| 2016 | $58K | $62K | $115K | $50K | — | View 990 |
| 2015 | $53K | $55K | $99K | $33K | — | View 990 |
| 2014 | $54K | $61K | $153K | $81K | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $83K, expenses of $83K, and assets of $177K (revenue -2.3% year-over-year).
- 2022: Revenue of $85K, expenses of $66K, and assets of $165K (revenue +39.6% year-over-year).
- 2021: Revenue of $61K, expenses of $60K, and assets of $168K (revenue -25.3% year-over-year).
- 2020: Revenue of $82K, expenses of $46K, and assets of $182K (revenue +14.8% year-over-year).
- 2019: Revenue of $71K, expenses of $57K, and assets of $154K (revenue -2.2% year-over-year).
- 2018: Revenue of $73K, expenses of $68K, and assets of $129K (revenue +10.0% year-over-year).
- 2017: Revenue of $66K, expenses of $65K, and assets of $105K (revenue +14.8% year-over-year).
- 2016: Revenue of $58K, expenses of $62K, and assets of $115K (revenue +8.3% year-over-year).
- 2015: Revenue of $53K, expenses of $55K, and assets of $99K (revenue -1.2% year-over-year).
- 2014: Revenue of $54K, expenses of $61K, and assets of $153K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for White Mountain Board Of Realtors:
Data Sources and Methodology
This transparency report for White Mountain Board Of Realtors 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.