Albion Historical Society Inc

Albion Historical Society Inc. operated with a small surplus in 2011, showing no officer compensation.

EIN: 10430965 · Albion, ME · Updated: 2026-03-28

$0Revenue
$0Assets
70/100Mission Score (Good)
Albion Historical Society Inc Financial Summary
MetricValue
Total Expenses$2K
Program Spending80%
CEO/Top Officer Pay$2,772
Net Assets$3K
Transparency Score70/100

Is Albion Historical Society Inc Legit?

Some Concerns

LimitedFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
2 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Albion Historical Society Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Albion Historical Society Inc

Albion Historical Society Inc (EIN: 10430965) is a nonprofit organization based in Albion, ME. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Albion Historical Society Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

37Years Operating
MicroSize Classification
1Years of Filings
StableRevenue Trajectory

Albion Historical Society Inc is a micro nonprofit that has been operating for 37 years.

Key Financial Metrics (2011)

From the most recent IRS 990 filing on record:

Total Revenue$3K
Total Expenses$2K
Surplus / Deficit+$1K
Total Assets$3K
Net Assets$3K
Operating Margin45.7%
Months of Reserves25.3 months

Financial Health Grade: A

In 2011, Albion Historical Society Inc reported a surplus of $1K with revenue exceeding expenses, holds 25.3 months of operating reserves (strong position).

IRS Tax-Exempt Classification

IRS Classification Codes2000
IRS Ruling Date1989

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

The Albion Historical Society Inc. appears to be a very small, community-focused organization with minimal financial activity. In its latest reported period (201112), the organization generated $2,772 in revenue and incurred $1,506 in expenses, resulting in a modest surplus. Its assets stood at $3,178 with no reported liabilities, indicating a stable, albeit small, financial position. The lack of reported revenue and assets in the most recent data suggests either a significant change in operations or a reporting anomaly, which makes a current assessment challenging. The organization's financial health, based on the available 2011 data, was sound for its size, but current information is critical for a complete picture. Spending efficiency, based on the 2011 data, shows that expenses were well within revenue, suggesting responsible management of its limited funds. With no officer compensation reported, it implies a volunteer-driven model, which is common for small historical societies and contributes to high efficiency in terms of personnel costs. However, without a detailed breakdown of expenses, it's difficult to fully assess program versus administrative spending. The organization's transparency is limited by the age and scarcity of available data; a more recent filing would be necessary to provide a current and comprehensive transparency assessment.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Albion Historical Society Inc with a Mission Score of 70 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

According to IRS 990 filings, Albion Historical Society Inc allocates its expenses as follows: admin: 20%, programs: 80%, fundraising: 0%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.

Key Financial Metrics (2011)

From the most recent IRS 990 filing on record:

$3KTotal Revenue
$2KTotal Expenses
$3KTotal Assets
$3KNet Assets

Executive Compensation Analysis

No officer compensation was reported in the 2011 filing, indicating that the organization likely relies on volunteer leadership, which is appropriate for an organization of its small size and revenue ($2,772).

Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.

Red Flags

The following concerns were identified during AI analysis of Albion Historical Society Inc's IRS 990 filings:

Strengths

The following positive indicators were identified for Albion Historical Society Inc:

Frequently Asked Questions about Albion Historical Society Inc

Is Albion Historical Society Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Albion Historical Society Inc (EIN: 10430965) some concerns. Mission Score: 70/100. 2 red flags identified, 3 strengths noted.

How does Albion Historical Society Inc spend its money?

Albion Historical Society Inc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.

Are donations to Albion Historical Society Inc tax-deductible?

Albion Historical Society Inc is registered as a tax-exempt nonprofit (EIN: 10430965). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

How much does the Albion Historical Society Inc CEO make?

Albion Historical Society Inc's highest-compensated officer earns $2,772 annually. Executive compensation data is disclosed in IRS 990 filings.

Where is Albion Historical Society Inc located?

Albion Historical Society Inc is headquartered in Albion, Maine and files with the IRS under EIN 10430965.

Is Albion Historical Society Inc. still active?

The lack of recent financial data (latest revenue and assets reported as $0, with the last filing from 2011) raises questions about the organization's current operational status. Further investigation would be needed to confirm if it is still active.

What were the specific program activities in 2011?

The available IRS 990 data for 2011 does not provide a detailed breakdown of program activities or expenses, only total expenses of $1,506. More detailed filings or direct contact with the organization would be needed to understand specific programs.

Filing History

IRS 990 filing history for Albion Historical Society Inc showing financial trends over 1 year of public records:

In its most recent filing year (2011), Albion Historical Society Inc reported a surplus of $1K, with revenue exceeding expenses.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2011 $3K $2K $3K $0 View 990

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Albion Historical Society Inc:

2011 Filing

Data Sources and Methodology

This transparency report for Albion Historical Society Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.

IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

Other Nonprofits in Maine

Explore more nonprofits based in Maine with AI-powered transparency reports.

View all Maine nonprofits →

Explore Related Nonprofits

Browse by State