Wentworth Economic Development Corporation Inc
Only null% goes to programs Strong reserves Declining revenue
Wentworth Economic Development Corporation Inc is a 501(c)(3) organization based in Wolfeboro, New Hampshire, registered in 1996, with $269,573 in FY2024 revenue. CharityIndex grades it B.
15 Varney Rd, Wolfeboro, NH, 03894 EIN 02-0474842 Since 1996
Revenue (FY2024)
$270K
▼ 53.7% vs prior year
Community median: $184K
Expenses (FY2024)
$195K
Net assets
$1.1M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Wentworth Economic Development Corporation Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
B+Financial health25% of the rating70 mo reserves · +28% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Wentworth Economic Development Corporation Inc: 70 mo reserves · +28% margin earns a B+ on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Wentworth Economic Development Corporation Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Wentworth Economic Development Corporation Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
- Address
- 15 Varney Rd, Wolfeboro, NH, 03894
- City
- Wolfeboro
- State
- New Hampshire
- Subcategory
- Economic Development
- Website
- …
Financial trends
Revenue grew from $234K (FY2013) to $270K (FY2024) across 11 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $1.1MNet assets $1.1M
Operating margin
27.7%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$2.2M
Total liabilities
$1.1M
Net assets
$1.1M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $269,573▼53.7% | $194,954▼70.4% | $1,132,909▲6.0% | $2,217,886▲19.4% | 990 |
| 2023 | $581,662▲128% | $658,803▲148% | $1,069,041▼6.7% | $1,857,711▲17.1% | 990 |
| 2022 | $255,575▼22.0% | $265,269▼8.4% | $1,146,182▼0.8% | $1,587,028▲1.7% | 990 |
| 2021 | $327,805▲9.8% | $289,689▲20.0% | $1,155,876▲3.4% | $1,560,305▲11.3% | 990 |
| 2020 | $298,605▲40.8% | $241,345▼2.9% | $1,117,760▲5.4% | $1,401,278▼12.7% | 990 |
| 2019 | $212,031▲15.6% | $248,534▲7.1% | $1,060,500▼3.3% | $1,605,085▲13.8% | 990 |
| 2018 | $183,343▼55.1% | $232,109▼27.8% | $1,097,003▼4.3% | $1,410,895▼4.6% | 990 |
| 2017 | $408,489▲59.5% | $321,549▲28.9% | $1,145,769▲8.2% | $1,478,281▲0.7% | 990 |
| 2016 | $256,066▼4.7% | $249,470▲2.5% | $1,058,829▼3.5% | $1,468,552▼3.2% | 990 |
| 2014 | $268,831▲15.1% | $243,445▲5.8% | $1,097,341▲2.4% | $1,517,546▲1.2% | 990 |
| 2013 | $233,588 | $230,118▼3.6% | $1,071,956▲0.3% | $1,499,633▼1.7% | 990 |
| 2012 | — | $238,757 | $1,068,485 | $1,525,629 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Grants received · $335K total
11 grants to Wentworth Economic Development Corporation Inc totaling $335K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $47,000 |
| New Hampshire Charitable Foundation | For a playground, upgrade loan app process to electronic | 2023 | $17,500 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2021 | $38,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2021 | $38,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2020 | $37,600 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2019 | $37,200 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2018 | $37,000 |
| New Hampshire Charitable Foundation | For general support and cotton valley trail work on new trails | 2017 | $20,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2017 | $15,400 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2016 | $41,220 |
| New Hampshire Charitable Foundation | For promotion of recreational, cultural, agricultural, and historic assets | 2016 | $6,000 |
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Frequently asked questions
- Is Wentworth Economic Development Corporation Inc a legitimate nonprofit?
- Yes. Wentworth Economic Development Corporation Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 02-0474842, based in Wolfeboro, New Hampshire. Donations are tax-deductible.
- What is Wentworth Economic Development Corporation Inc's EIN?
- Wentworth Economic Development Corporation Inc's Employer Identification Number (EIN) is 02-0474842.
- How much revenue does Wentworth Economic Development Corporation Inc report?
- Wentworth Economic Development Corporation Inc reported $269,573 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Wentworth Economic Development Corporation Inc have?
- CharityIndex grades Wentworth Economic Development Corporation Inc B, based on financial health (reserves and operating margin).
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Data for Wentworth Economic Development Corporation Inc (EIN 02-0474842) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.