Quick charity verification for Southwest Harbor Historical Society (EIN: 202072613)
Verdict: Southwest Harbor Historical Society appears trustworthy
92/100Mission Score
$0Revenue
$0Assets
0Red Flags
5Strengths
No red flags identified.
Strengths
Strong financial health with consistent revenue surpluses.
Growing asset base, increasing from $203,176 in 201908 to $213,719 in 202408.
Minimal to no liabilities reported across all filings, indicating low financial risk.
0% officer compensation, suggesting a highly efficient, volunteer-led operation.
Consistent IRS 990 filings, demonstrating good transparency.
Spending Breakdown
How Southwest Harbor Historical Society allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
5%
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 Southwest Harbor Historical Society
Is Southwest Harbor Historical Society a legitimate charity?
Based on AI analysis of IRS 990 filings, Southwest Harbor Historical Society (EIN: 202072613) appears trustworthy. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
Is Southwest Harbor Historical Society a good charity to donate to?
Southwest Harbor Historical Society has a Mission Score of 92/100. Revenue: $0. Assets: $0. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Southwest Harbor Historical Society?
The Employer Identification Number (EIN) for Southwest Harbor Historical Society is 202072613. 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 Southwest Harbor Historical Society spend its money?
Southwest Harbor Historical Society allocates 90% to programs, 5% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Southwest Harbor Historical Society's tax-exempt status?
You can verify Southwest Harbor Historical Society's tax-exempt status using EIN 202072613 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 Southwest Harbor Historical Society demonstrates consistent financial stability with growing assets and minimal liabilities across its recent filings. In the 202408 period, the organization reported revenues of $86,877 against expenses of $25,335, indicating a healthy surplus that contributes to its asset growth. The society's assets have steadily increased from $203,176 in 201908 to $213,719 in 202408, with liabilities consistently near zero, suggesting strong financial management and a low-risk profile. The absence of officer compensation reported across all filings indicates a volunteer-driven leadership, which is a positive sign for donor confidence and efficient use of funds.
The organization's spending efficiency appears robust, with expenses consistently well below revenues. For example, in 202408, expenses were only 29.16% of revenue ($25,335 / $86,877), allowing for significant reinvestment into its mission or reserves. This pattern of low expenses relative to income is maintained across all reported periods, highlighting a lean operational model. While specific program spending details are not provided in the summary data, the overall financial health suggests that the majority of funds are likely directed towards its historical preservation and educational activities, given the lack of significant administrative or fundraising overhead indicated by the zero officer compensation.
Transparency is generally good, with consistent IRS 990 filings available. The clear reporting of revenues, expenses, assets, and liabilities without any reported officer compensation provides a straightforward view of the organization's financial activities. The consistent growth in assets and the absence of debt further enhance its transparency and trustworthiness. The lack of specific NTEE code information is a minor gap, but the overall financial picture is positive, indicating a well-managed and fiscally responsible historical society.