Wilmot Community Association
Wilmot Community Association consistently operates with strong assets but has faced recent annual deficits.
EIN: 20266275 · Wilmot, NH · NTEE: N31 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $96K |
| Total Expenses | $101K |
| Program Spending | 85% |
| Net Assets | $452K |
| Transparency Score | 85/100 |
Is Wilmot Community Association Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Wilmot Community Association directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Wilmot Community Association
Wilmot Community Association (EIN: 20266275) is a nonprofit organization based in Wilmot, NH, classified under NTEE code N31. The organization reported total revenue of $96K and total assets of $421K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Wilmot Community Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Wilmot Community Association is a micro nonprofit that has been operating for 23 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 6.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $79K |
| Total Expenses | $101K |
| Surplus / Deficit | $-22,745 |
| Total Assets | $453K |
| Total Liabilities | $871 |
| Net Assets | $452K |
| Operating Margin | -28.9% |
| Debt-to-Asset Ratio | 0.2% |
| Months of Reserves | 53.6 months |
Financial Health Grade: B
In 2023, Wilmot Community Association reported a deficit of $23K with expenses exceeding revenue, holds 53.6 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), Wilmot Community Association's revenue has grown at a compound annual growth rate (CAGR) of 6.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -2.7% | +5.1% | -4.9% |
| 2022 | +7.3% | +20.0% | -3.2% |
| 2021 | -22.2% | +83.9% | -1.0% |
| 2020 | +27.8% | -50.4% | +6.3% |
| 2019 | +5.8% | -0.6% | -2.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2003 |
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 Wilmot Community Association 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: 85%
- fundraising: 5%
According to IRS 990 filings, Wilmot Community Association 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 deficit of $23K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.2%.
Executive Compensation Analysis
The Wilmot Community Association reports 0% officer compensation across all available filings, indicating that its leadership is likely volunteer-based or compensated minimally through other means, which is highly favorable for donor trust and resource allocation to programs.
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 Wilmot Community Association's IRS 990 filings:
- Consistent operating deficits in recent years (e.g., 202312: $101,404 expenses vs. $78,659 revenue)
- Declining asset base from $511,537 in 201412 to $453,284 in 202312
Strengths
The following positive indicators were identified for Wilmot Community Association:
- Strong asset base ($453,284 in 202312) providing financial resilience
- 0% officer compensation, indicating volunteer leadership or highly efficient compensation practices
- Consistent IRS 990 filing history demonstrating transparency
- Low liabilities ($871 in 202312) indicating sound financial management
- High estimated program spending ratio (85%)
Frequently Asked Questions about Wilmot Community Association
Is Wilmot Community Association a legitimate charity?
Based on AI analysis of IRS 990 filings, Wilmot Community Association (EIN: 20266275) some concerns. Mission Score: 85/100. 2 red flags identified, 5 strengths noted.
How does Wilmot Community Association spend its money?
Wilmot Community Association directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Wilmot Community Association tax-deductible?
Wilmot Community Association is registered as a tax-exempt nonprofit (EIN: 20266275). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Wilmot Community Association's spending goes to programs?
Wilmot Community Association directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Wilmot Community Association compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Wilmot Community Association is above average for NTEE category N31 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Wilmot Community Association located?
Wilmot Community Association is headquartered in Wilmot, New Hampshire and files with the IRS under EIN 20266275. It is classified under NTEE code N31.
How many years of IRS 990 filings does Wilmot Community Association have?
Wilmot Community 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 $96K in total revenue.
Is the Wilmot Community Association financially stable?
Yes, the WCA is financially stable, supported by a robust asset base of $453,284 as of 202312. However, it has experienced operating deficits in recent years, with expenses exceeding revenue, which could impact long-term stability if not addressed.
How efficient is the Wilmot Community Association's spending?
The WCA appears to be highly efficient, with an estimated 85% of its spending directed towards programs. The absence of reported officer compensation further suggests a lean operational structure focused on mission delivery.
Does the Wilmot Community Association compensate its officers?
No, the IRS 990 filings consistently show 0% officer compensation for the Wilmot Community Association across all reported periods, indicating a volunteer or minimally compensated leadership structure.
Filing History
IRS 990 filing history for Wilmot Community Association showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Wilmot Community Association's revenue has grown by 112.2%, moving from $37K to $79K. Total assets decreased by 13.4% over the same period, from $523K to $453K. Total functional expenses rose by 68.7%, from $60K to $101K. In its most recent filing year (2023), Wilmot Community Association reported a deficit of $23K, with expenses exceeding revenue. The organization holds $871 in liabilities against $453K in assets (debt-to-asset ratio: 0.2%), resulting in net assets of $452K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $79K | $101K | $453K | $871 | — | View 990 |
| 2022 | $81K | $96K | $477K | $1K | — | View 990 |
| 2021 | $75K | $80K | $492K | $2K | — | View 990 |
| 2020 | $97K | $44K | $497K | $1K | — | — |
| 2019 | $76K | $88K | $468K | $1K | — | View 990 |
| 2018 | $72K | $89K | $480K | $1K | — | View 990 |
| 2017 | $79K | $85K | $497K | $1K | — | View 990 |
| 2016 | $80K | $88K | $503K | $1K | — | View 990 |
| 2015 | $76K | $77K | $510K | $25 | — | View 990 |
| 2014 | $66K | $68K | $512K | $971 | — | View 990 |
| 2013 | $65K | $63K | $513K | $339 | — | View 990 |
| 2012 | $41K | $51K | $512K | $468 | — | View 990 |
| 2011 | $37K | $60K | $523K | $1K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $79K, expenses of $101K, and assets of $453K (revenue -2.7% year-over-year).
- 2022: Revenue of $81K, expenses of $96K, and assets of $477K (revenue +7.3% year-over-year).
- 2021: Revenue of $75K, expenses of $80K, and assets of $492K (revenue -22.2% year-over-year).
- 2020: Revenue of $97K, expenses of $44K, and assets of $497K (revenue +27.8% year-over-year).
- 2019: Revenue of $76K, expenses of $88K, and assets of $468K (revenue +5.8% year-over-year).
- 2018: Revenue of $72K, expenses of $89K, and assets of $480K (revenue -9.1% year-over-year).
- 2017: Revenue of $79K, expenses of $85K, and assets of $497K (revenue -1.4% year-over-year).
- 2016: Revenue of $80K, expenses of $88K, and assets of $503K (revenue +4.9% year-over-year).
- 2015: Revenue of $76K, expenses of $77K, and assets of $510K (revenue +15.6% year-over-year).
- 2014: Revenue of $66K, expenses of $68K, and assets of $512K (revenue +1.7% year-over-year).
- 2013: Revenue of $65K, expenses of $63K, and assets of $513K (revenue +60.0% year-over-year).
- 2012: Revenue of $41K, expenses of $51K, and assets of $512K (revenue +9.3% year-over-year).
- 2011: Revenue of $37K, expenses of $60K, and assets of $523K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Wilmot Community Association:
Data Sources and Methodology
This transparency report for Wilmot Community 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.