Quick charity verification for The Falmouth Historical Society (EIN: 16023075)
Verdict: The Falmouth Historical Society appears trustworthy
85/100Mission Score
$0Revenue
$0Assets
0Red Flags
5Strengths
No red flags identified.
Strengths
Strong and consistent asset base (e.g., $325,544 in 2022)
Minimal to no liabilities across all reported periods
0% officer compensation, indicating efficient use of funds
Consistent financial reporting over multiple years
Ability to absorb occasional operating deficits due to strong reserves
Spending Breakdown
How The Falmouth Historical Society allocates its funds across programs, administration, and fundraising.
80%
Program Spending
Healthy — majority goes to mission
15%
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 The Falmouth Historical Society
Is The Falmouth Historical Society a legitimate charity?
Based on AI analysis of IRS 990 filings, The Falmouth Historical Society (EIN: 16023075) appears trustworthy. Mission Score: 85/100. 0 red flags identified, 5 strengths noted.
Is The Falmouth Historical Society a good charity to donate to?
The Falmouth Historical Society has a Mission Score of 85/100. Revenue: $0. Assets: $0. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for The Falmouth Historical Society?
The Employer Identification Number (EIN) for The Falmouth Historical Society is 16023075. 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 The Falmouth Historical Society spend its money?
The Falmouth Historical Society allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify The Falmouth Historical Society's tax-exempt status?
You can verify The Falmouth Historical Society's tax-exempt status using EIN 16023075 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 Falmouth Historical Society demonstrates consistent financial stability, maintaining substantial assets relative to its annual revenue and expenses. For instance, in 2022, with revenue of $18,450 and expenses of $13,916, the organization held $325,544 in assets, indicating a strong reserve. The organization consistently operates with minimal to no liabilities, suggesting sound financial management and a low-risk profile. While specific breakdowns of program, administrative, and fundraising expenses are not detailed in the provided summary, the overall financial picture suggests a well-managed entity. The absence of officer compensation further enhances its transparency and commitment to mission-focused spending, as all resources appear to be directed towards operational costs and asset preservation.