Wolfeboro Nursery School Inc
Wolfeboro Nursery School Inc consistently operates with a volunteer board and stable finances, showing modest surpluses in recent years.
EIN: 20350184 · Wolfeboro Fls, NH · NTEE: B21 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $37K |
| Total Expenses | $50K |
| Program Spending | 90% |
| Net Assets | $63K |
| Transparency Score | 92/100 |
Is Wolfeboro Nursery School Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Wolfeboro Nursery School Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Wolfeboro Nursery School Inc
Wolfeboro Nursery School Inc (EIN: 20350184) is a nonprofit organization based in Wolfeboro Fls, NH, classified under NTEE code B21. The organization reported total revenue of $37K and total assets of $49K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Wolfeboro Nursery School Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Wolfeboro Nursery School Inc is a micro nonprofit that has been operating for 21 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 0.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $54K |
| Total Expenses | $50K |
| Surplus / Deficit | +$4K |
| Total Assets | $64K |
| Total Liabilities | $641 |
| Net Assets | $63K |
| Operating Margin | 6.6% |
| Debt-to-Asset Ratio | 1.0% |
| Months of Reserves | 15.2 months |
Financial Health Grade: A
In 2023, Wolfeboro Nursery School Inc reported a surplus of $4K with revenue exceeding expenses, holds 15.2 months of operating reserves (strong position), has a debt-to-asset ratio of 1.0% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Wolfeboro Nursery School Inc's revenue has grown at a compound annual growth rate (CAGR) of 0.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +1.4% | +7.8% | +6.2% |
| 2022 | +42.4% | +18.2% | +12.0% |
| 2021 | -20.9% | -3.4% | -3.1% |
| 2020 | -28.0% | -35.5% | +8.9% |
| 2019 | +31.0% | -0.6% | +4.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2005 |
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 Wolfeboro Nursery School Inc with a Mission Score of 92 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, Wolfeboro Nursery School Inc 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.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $4K, with revenue exceeding expenses.
- Debt-to-asset ratio: 1.0%.
Executive Compensation Analysis
No officer compensation has been reported in any of the available filings, indicating that the organization's leadership is entirely volunteer-based, which is highly efficient for an organization 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 Wolfeboro Nursery School Inc:
- Consistent volunteer leadership with 0% officer compensation reported across all filings.
- Stable financial health with assets consistently exceeding liabilities.
- Generally operates with a surplus or near break-even, indicating responsible financial management (e.g., 2023 revenue $53,945 vs. expenses $50,366).
- Low liabilities, indicating minimal debt burden (e.g., $641 in 2023).
Frequently Asked Questions about Wolfeboro Nursery School Inc
Is Wolfeboro Nursery School Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Wolfeboro Nursery School Inc (EIN: 20350184) appears legitimate. Mission Score: 92/100. 0 red flags identified, 4 strengths noted.
How does Wolfeboro Nursery School Inc spend its money?
Wolfeboro Nursery School Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Wolfeboro Nursery School Inc tax-deductible?
Wolfeboro Nursery School Inc is registered as a tax-exempt nonprofit (EIN: 20350184). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Wolfeboro Nursery School Inc compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Wolfeboro Nursery School Inc is above average for NTEE category B21 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Wolfeboro Nursery School Inc located?
Wolfeboro Nursery School Inc is headquartered in Wolfeboro Fls, New Hampshire and files with the IRS under EIN 20350184. It is classified under NTEE code B21.
How many years of IRS 990 filings does Wolfeboro Nursery School Inc have?
Wolfeboro Nursery School Inc 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 $37K in total revenue.
Is Wolfeboro Nursery School Inc a good charity?
Yes, Wolfeboro Nursery School Inc appears to be a good charity, especially given its consistent operation, volunteer leadership (0% officer compensation), and generally stable financial health with minimal liabilities.
How does Wolfeboro Nursery School Inc manage its expenses?
The organization manages its expenses effectively, with expenses generally aligning closely with revenue. For example, in 2023, expenses were $50,366 against revenues of $53,945, demonstrating responsible spending within its means.
What is the trend in Wolfeboro Nursery School Inc's assets?
Wolfeboro Nursery School Inc's assets have shown some fluctuation but have generally remained stable and healthy for its size, ranging from $48,892 to $63,974 in recent years, indicating a solid financial foundation.
Filing History
IRS 990 filing history for Wolfeboro Nursery School Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Wolfeboro Nursery School Inc's revenue has grown by 3.8%, moving from $52K to $54K. Total assets increased by 38.3% over the same period, from $46K to $64K. Total functional expenses rose by 2.5%, from $49K to $50K. In its most recent filing year (2023), Wolfeboro Nursery School Inc reported a surplus of $4K, with revenue exceeding expenses. The organization holds $641 in liabilities against $64K in assets (debt-to-asset ratio: 1.0%), resulting in net assets of $63K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $54K | $50K | $64K | $641 | — | View 990 |
| 2022 | $53K | $47K | $60K | $483 | — | View 990 |
| 2021 | $37K | $40K | $54K | $477 | — | View 990 |
| 2020 | $47K | $41K | $55K | $0 | — | — |
| 2019 | $66K | $63K | $51K | $2K | — | View 990 |
| 2018 | $50K | $64K | $49K | $2K | — | View 990 |
| 2017 | $28K | $64K | $64K | $3K | — | View 990 |
| 2016 | $48K | $55K | $98K | $2K | — | View 990 |
| 2015 | $70K | $73K | $107K | $3K | — | View 990 |
| 2014 | $79K | $62K | $112K | $7K | — | View 990 |
| 2013 | $64K | $59K | $98K | $10K | — | View 990 |
| 2012 | $77K | $46K | $84K | $1K | — | View 990 |
| 2011 | $52K | $49K | $46K | $1K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $54K, expenses of $50K, and assets of $64K (revenue +1.4% year-over-year).
- 2022: Revenue of $53K, expenses of $47K, and assets of $60K (revenue +42.4% year-over-year).
- 2021: Revenue of $37K, expenses of $40K, and assets of $54K (revenue -20.9% year-over-year).
- 2020: Revenue of $47K, expenses of $41K, and assets of $55K (revenue -28.0% year-over-year).
- 2019: Revenue of $66K, expenses of $63K, and assets of $51K (revenue +31.0% year-over-year).
- 2018: Revenue of $50K, expenses of $64K, and assets of $49K (revenue +75.8% year-over-year).
- 2017: Revenue of $28K, expenses of $64K, and assets of $64K (revenue -40.7% year-over-year).
- 2016: Revenue of $48K, expenses of $55K, and assets of $98K (revenue -31.9% year-over-year).
- 2015: Revenue of $70K, expenses of $73K, and assets of $107K (revenue -10.6% year-over-year).
- 2014: Revenue of $79K, expenses of $62K, and assets of $112K (revenue +23.4% year-over-year).
- 2013: Revenue of $64K, expenses of $59K, and assets of $98K (revenue -17.0% year-over-year).
- 2012: Revenue of $77K, expenses of $46K, and assets of $84K (revenue +47.9% year-over-year).
- 2011: Revenue of $52K, expenses of $49K, and assets of $46K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Wolfeboro Nursery School Inc:
Data Sources and Methodology
This transparency report for Wolfeboro Nursery School Inc 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.