Fort Kent Historical Society
Fort Kent Historical Society maintains strong financial health with zero liabilities and volunteer leadership.
EIN: 10386599 · Fort Kent, ME · NTEE: A80 · Updated: 2026-03-28
Is Fort Kent Historical Society Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Fort Kent Historical Society directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Fort Kent Historical Society
Fort Kent Historical Society (EIN: 10386599) is a nonprofit organization based in Fort Kent, ME, classified under NTEE code A80. The organization reported total revenue of $90K and total assets of $582K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Fort Kent Historical Society's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Fort Kent 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, Fort Kent 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.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that the organization is likely run by volunteers, which is highly commendable for a nonprofit of its size with assets of $581,646.
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 Fort Kent Historical Society:
- Strong financial health with growing assets ($581,646)
- Zero liabilities reported across all filings
- Volunteer-driven leadership with 0% officer compensation
- Consistent spending efficiency (expenses well below revenue)
- Significant long-term revenue and asset growth
Frequently Asked Questions about Fort Kent Historical Society
Is Fort Kent Historical Society a legitimate charity?
Based on AI analysis of IRS 990 filings, Fort Kent Historical Society (EIN: 10386599) appears legitimate. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.
How does Fort Kent Historical Society spend its money?
Fort Kent Historical Society directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Fort Kent Historical Society tax-deductible?
Fort Kent Historical Society is registered as a tax-exempt nonprofit (EIN: 10386599). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Fort Kent Historical Society a good charity?
Yes, based on the available IRS 990 data, the Fort Kent Historical Society appears to be a very good charity. They demonstrate strong financial health with growing assets ($581,646), zero liabilities, and efficient spending where expenses are consistently lower than revenue. The 0% officer compensation indicates a volunteer-driven model, ensuring funds are directed to their mission.
How has the organization's financial health changed over time?
The organization's financial health has significantly improved over time. Revenue has grown from $9,350 in 2013 to $89,545 currently, and assets have increased from $0 in 2013 to $581,646. They have consistently maintained zero liabilities, indicating excellent fiscal management and growth.
What is the organization's approach to executive compensation?
The Fort Kent Historical Society reports 0% officer compensation in all available filings, suggesting a volunteer-led structure. This approach maximizes the funds available for their programs and mission.
Filing History
IRS 990 filing history for Fort Kent Historical Society showing financial trends over 3 years of public records:
Over 3 years of IRS 990 filings (2013–2023), Fort Kent Historical Society's revenue has grown by 157.5%, moving from $9K to $24K. Total functional expenses rose by 2716%, from $750 to $21K. In its most recent filing year (2023), Fort Kent Historical Society reported a surplus of $3K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $24K | $21K | $499K | $0 | — | — |
| 2022 | $41K | $24K | $496K | $0 | — | — |
| 2013 | $9K | $750 | $0 | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $24K, expenses of $21K, and assets of $499K (revenue -41.1% year-over-year).
- 2022: Revenue of $41K, expenses of $24K, and assets of $496K (revenue +337.3% year-over-year).
- 2013: Revenue of $9K, expenses of $750, and assets of $0.
Data Sources and Methodology
This transparency report for Fort Kent 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.