Quick charity verification for Islesboro Historical Society (EIN: 10316968)
Verdict: Islesboro Historical Society appears trustworthy
85/100Mission Score
$108KRevenue
$634KAssets
1Red Flags
4Strengths
Red Flags
Significant year-to-year revenue volatility, which could impact long-term planning if not managed with reserves.
Strengths
Consistent asset growth, increasing from $451,961 in 2014 to $585,515 in 2023.
Zero officer compensation reported across all filings, indicating high efficiency in directing funds to mission.
Low liabilities reported in most years, suggesting responsible financial management.
Consistent filing of IRS Form 990s, demonstrating transparency and compliance.
Spending Breakdown
How Islesboro Historical Society allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
0%
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 Islesboro Historical Society
Is Islesboro Historical Society a legitimate charity?
Based on AI analysis of IRS 990 filings, Islesboro Historical Society (EIN: 10316968) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
Is Islesboro Historical Society a good charity to donate to?
Islesboro Historical Society has a Mission Score of 85/100. Revenue: $108K. Assets: $634K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Islesboro Historical Society?
The Employer Identification Number (EIN) for Islesboro Historical Society is 10316968. 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 Islesboro Historical Society spend its money?
Islesboro Historical Society allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Islesboro Historical Society's tax-exempt status?
You can verify Islesboro Historical Society's tax-exempt status using EIN 10316968 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 Islesboro Historical Society demonstrates consistent financial stability, with assets growing from $451,961 in 2014 to $585,515 in 2023. The organization generally operates with a surplus, as seen in 2023 where revenue of $82,684 exceeded expenses of $50,633. While revenue can fluctuate significantly year-to-year (e.g., $227,140 in 2014 vs. $37,188 in 2019), the society has maintained a healthy asset base, indicating sound long-term financial management.
Spending efficiency appears strong, particularly given the consistent reporting of 0% officer compensation across all available filings, suggesting that resources are primarily directed towards the organization's mission rather than executive salaries. The low liabilities reported in most years also point to responsible financial practices. The absence of detailed functional expense breakdowns in the provided data makes a precise assessment of program vs. administrative spending challenging, but the overall financial health is positive for a small historical society.
Transparency is high regarding executive compensation, with no reported officer compensation. However, without a detailed NTEE code or a breakdown of program service expenses versus administrative and fundraising costs, a full assessment of spending efficiency and program focus is limited. The consistent filing of IRS Form 990s over many years indicates a commitment to regulatory compliance and public disclosure.