Androscoggin Historical Society
Androscoggin Historical Society shows strong asset growth and efficient operations with no officer compensation.
EIN: 10342762 · Lewiston, ME · NTEE: A80 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $143K |
| Total Expenses | $48K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $800,000. |
| Net Assets | $839K |
| Transparency Score | 95/100 |
Is Androscoggin Historical Society Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Androscoggin Historical Society directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Androscoggin Historical Society
Androscoggin Historical Society (EIN: 10342762) is a nonprofit organization based in Lewiston, ME, classified under NTEE code A80. The organization reported total revenue of $143K and total assets of $814K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Androscoggin Historical Society's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Androscoggin Historical Society is a small nonprofit that has been operating for 12 years, with 6 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 21.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $209K |
| Total Expenses | $48K |
| Surplus / Deficit | +$161K |
| Total Assets | $839K |
| Net Assets | $839K |
| Operating Margin | 76.9% |
| Months of Reserves | 208.4 months |
Financial Health Grade: A
In 2023, Androscoggin Historical Society reported a surplus of $161K with revenue exceeding expenses, holds 208.4 months of operating reserves (strong position).
Financial Trends
Over 6 years of filings (2010–2023), Androscoggin Historical Society's revenue has grown at a compound annual growth rate (CAGR) of 21.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +27.5% | -16.8% | -14.9% |
| 2022 | +817.9% | +166.8% | +283.9% |
| 2013 | +100.2% | +2.4% | -5.5% |
| 2012 | -38.6% | -10.6% | -6.2% |
| 2011 | -13.4% | -7.5% | -4.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2014 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Androscoggin Historical Society with a Mission Score of 95 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Androscoggin Historical Society allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $161K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that the organization's leadership is entirely volunteer-based, which is highly commendable for a nonprofit of its size with assets exceeding $800,000.
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.
Strengths
The following positive indicators were identified for Androscoggin Historical Society:
- Strong asset growth, reaching $839,051 in 202306.
- Consistent reporting of 0% officer compensation, indicating volunteer leadership.
- Significant revenue growth from $8,914 in 201205 to $208,827 in 202306.
- Efficient expense management, with expenses significantly lower than revenue in recent periods (e.g., $48,322 expenses vs. $208,827 revenue in 202306).
- Elimination of liabilities, reporting $0 in 202306, down from $307,000 in 202206.
Frequently Asked Questions about Androscoggin Historical Society
Is Androscoggin Historical Society a legitimate charity?
Based on AI analysis of IRS 990 filings, Androscoggin Historical Society (EIN: 10342762) appears legitimate. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.
How does Androscoggin Historical Society spend its money?
Androscoggin Historical Society directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Androscoggin Historical Society tax-deductible?
Androscoggin Historical Society is registered as a tax-exempt nonprofit (EIN: 10342762). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Androscoggin Historical Society CEO make?
Androscoggin Historical Society's highest-compensated officer earns $800,000. annually. The organization reported $143K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
How does Androscoggin Historical Society compare to similar nonprofits?
With a transparency score of 95/100 (Excellent), Androscoggin Historical Society is above average for NTEE category A80 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Androscoggin Historical Society located?
Androscoggin Historical Society is headquartered in Lewiston, Maine and files with the IRS under EIN 10342762. It is classified under NTEE code A80.
How many years of IRS 990 filings does Androscoggin Historical Society have?
Androscoggin Historical Society has 6 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $143K in total revenue.
Is Androscoggin Historical Society a good charity?
Based on the provided financial data, the Androscoggin Historical Society appears to be a very good charity. It demonstrates strong financial health with growing assets, efficient expense management (e.g., $48,322 expenses vs. $208,827 revenue in 202306), and a notable commitment to its mission by reporting 0% officer compensation across all filings.
How has the organization's financial health changed over time?
The organization's financial health has significantly improved. Revenue grew from $8,914 in 201205 to $208,827 in 202306, and assets increased from $271,652 to $839,051 in the same period, indicating substantial growth and stability.
What is the organization's approach to executive compensation?
The organization reports 0% officer compensation in all available filings, suggesting a volunteer-led structure and a strong commitment to directing all financial resources towards its mission and operations rather than executive salaries.
Are there any significant liabilities?
In the most recent filing (202306), the organization reported $0 in liabilities, a significant improvement from $307,000 in 202206, indicating a very strong and unencumbered financial position.
Filing History
IRS 990 filing history for Androscoggin Historical Society showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2010–2023), Androscoggin Historical Society's revenue has grown by 1145.8%, moving from $17K to $209K. Total assets increased by 176.1% over the same period, from $304K to $839K. Total functional expenses rose by 88.1%, from $26K to $48K. In its most recent filing year (2023), Androscoggin Historical Society reported a surplus of $161K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $209K | $48K | $839K | $0 | — | — |
| 2022 | $164K | $58K | $986K | $307K | — | View 990 |
| 2013 | $18K | $22K | $257K | $3K | — | View 990 |
| 2012 | $9K | $21K | $272K | $14K | — | View 990 |
| 2011 | $15K | $24K | $290K | $20K | — | View 990 |
| 2010 | $17K | $26K | $304K | $25K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $209K, expenses of $48K, and assets of $839K (revenue +27.5% year-over-year).
- 2022: Revenue of $164K, expenses of $58K, and assets of $986K (revenue +817.9% year-over-year).
- 2013: Revenue of $18K, expenses of $22K, and assets of $257K (revenue +100.2% year-over-year).
- 2012: Revenue of $9K, expenses of $21K, and assets of $272K (revenue -38.6% year-over-year).
- 2011: Revenue of $15K, expenses of $24K, and assets of $290K (revenue -13.4% year-over-year).
- 2010: Revenue of $17K, expenses of $26K, and assets of $304K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Androscoggin Historical Society:
Data Sources and Methodology
This transparency report for Androscoggin Historical Society 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.