Quick charity verification for Andover Historical Society (EIN: 20366332)
Verdict: Andover Historical Society appears trustworthy
92/100Mission Score
$97KRevenue
$383KAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Consistent asset growth from $217,535 in 2012 to $277,452 in 2023.
Zero officer compensation reported across all filings, indicating a volunteer-driven model.
Very low liabilities, with only $7,807 reported in 2023, demonstrating strong financial health.
Significant revenue growth, from $17,857 in 2019 to $50,771 in 2023, and a latest revenue of $97,230.
Excellent 990 filing history with 11 filings, indicating strong transparency.
Spending Breakdown
How Andover Historical Society allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
5%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about Andover Historical Society
Is Andover Historical Society a legitimate charity?
Based on AI analysis of IRS 990 filings, Andover Historical Society (EIN: 20366332) appears trustworthy. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
Is Andover Historical Society a good charity to donate to?
Andover Historical Society has a Mission Score of 92/100. Revenue: $97K. Assets: $383K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Andover Historical Society?
The Employer Identification Number (EIN) for Andover Historical Society is 20366332. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does Andover Historical Society spend its money?
Andover Historical Society allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Andover Historical Society's tax-exempt status?
You can verify Andover Historical Society's tax-exempt status using EIN 20366332 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
The Andover Historical Society demonstrates a consistent commitment to its mission, as evidenced by its financial filings. The organization's revenue has shown significant growth in recent years, jumping from $17,857 in 2019 to $50,771 in 2023, indicating increased community support or successful fundraising efforts. Its asset base has also steadily grown, reaching $277,452 in 2023, suggesting sound financial management and accumulation of resources. The society maintains a very low liability profile, with liabilities at $7,807 in 2023, which is a positive indicator of financial stability and responsible fiscal practices. The organization's transparency is high, with all 11 required 990 filings submitted, and a clear record of no officer compensation, reinforcing its volunteer-driven model.
Spending efficiency appears strong, particularly in the most recent filing where expenses were $17,694 against revenues of $50,771, resulting in a substantial surplus. While a detailed breakdown of program, administrative, and fundraising expenses isn't explicitly provided in the summary data, the overall low expense figures relative to revenue suggest that a significant portion of funds are either directly applied to programs or retained for future mission-related activities. The absence of officer compensation further enhances its efficiency by minimizing overhead related to executive salaries. The consistent growth in assets, from $217,535 in 2012 to $277,452 in 2023, also points to effective stewardship of resources over the long term.