Quick charity verification for Stockholm Historical Society Inc (EIN: 10356095)
Verdict: Stockholm Historical Society Inc appears trustworthy
85/100Mission Score
$75KRevenue
$268KAssets
1Red Flags
4Strengths
Red Flags
Significant revenue volatility (e.g., $174,844 in 2021 vs. $21,763 in 2022) could indicate reliance on inconsistent funding sources.
Strengths
Consistent asset growth from $234,026 in 2021 to $261,420 in 2023.
Zero liabilities reported across all three filings, indicating strong financial health.
No officer compensation reported, suggesting a volunteer-driven leadership and efficient use of funds.
Relatively low and stable expenses, demonstrating good cost control.
Spending Breakdown
How Stockholm Historical Society Inc 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 Stockholm Historical Society Inc
Is Stockholm Historical Society Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Stockholm Historical Society Inc (EIN: 10356095) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
Is Stockholm Historical Society Inc a good charity to donate to?
Stockholm Historical Society Inc has a Mission Score of 85/100. Revenue: $75K. Assets: $268K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Stockholm Historical Society Inc?
The Employer Identification Number (EIN) for Stockholm Historical Society Inc is 10356095. 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 Stockholm Historical Society Inc spend its money?
Stockholm Historical Society Inc allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Stockholm Historical Society Inc's tax-exempt status?
You can verify Stockholm Historical Society Inc's tax-exempt status using EIN 10356095 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 Stockholm Historical Society Inc demonstrates a generally healthy financial position with consistent asset growth over the past three years, increasing from $234,026 in 2021 to $261,420 in 2023. The organization maintains zero liabilities, indicating strong financial stability and responsible management of its resources. Revenue has fluctuated significantly, with a peak of $174,844 in 2021, followed by a dip to $21,763 in 2022, and a recovery to $49,709 in 2023. This variability suggests reliance on potentially inconsistent funding sources or large one-time donations. The organization's expenses have remained relatively low and stable, ranging from $6,953 in 2021 to $26,161 in 2023, which is a positive indicator of cost control. The absence of officer compensation reported across all three filings suggests a volunteer-driven leadership, which can contribute to lower administrative costs and a higher percentage of funds directed towards programs. However, without a detailed breakdown of expenses, it's challenging to fully assess spending efficiency and program focus.