Is Nobleboro Historical Society Legit? —…

Spending Breakdown

How Nobleboro 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

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 Nobleboro Historical Society

Is Nobleboro Historical Society a legitimate charity?

Based on AI analysis of IRS 990 filings, Nobleboro Historical Society (EIN: 10360177) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.

Is Nobleboro Historical Society a good charity to donate to?

Nobleboro Historical Society has a Mission Score of 85/100. Revenue: $71K. Assets: $217K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Nobleboro Historical Society?

The Employer Identification Number (EIN) for Nobleboro Historical Society is 10360177. 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 Nobleboro Historical Society spend its money?

Nobleboro Historical Society allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Nobleboro Historical Society's tax-exempt status?

You can verify Nobleboro Historical Society's tax-exempt status using EIN 10360177 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 Nobleboro Historical Society demonstrates a generally stable financial position, with assets growing significantly over the past decade, from $56,663 in 2014 to $207,136 in 2023. Revenue has fluctuated, with a notable peak in 2014 ($170,039) and a recent high in 2023 ($65,446). The organization consistently reports zero officer compensation, indicating a volunteer-driven leadership, which is a positive sign for minimizing administrative overhead. However, the NTEE code is unknown, which can sometimes hinder a clear understanding of its specific programmatic focus and comparative efficiency within its sector.

Spending efficiency appears to be reasonable, especially given the lack of officer compensation. In 2023, expenses ($68,239) slightly exceeded revenue ($65,446), but this is not uncommon for smaller nonprofits and is offset by substantial asset growth over time. The low liabilities across all reported periods (e.g., $65 in 2023) suggest sound financial management and a lack of significant debt. Without a detailed breakdown of expenses into program, administrative, and fundraising categories in the provided data, a precise assessment of spending efficiency is challenging, but the absence of paid leadership is a strong indicator of lean operations.

Transparency is good in terms of public filings, with 13 filings available. The consistent reporting of zero officer compensation enhances trust. However, the lack of a specified NTEE code and detailed expense breakdowns in the provided summary limits a deeper analysis of programmatic spending versus overhead. Overall, the organization appears to be a well-managed, volunteer-led entity focused on its mission, as evidenced by its asset growth and minimal liabilities.

Is Nobleboro Historical Society Legit?

Verdict: Nobleboro Historical Society appears trustworthy

Red Flags

Strengths