Fort Mckinley Museum At Diamond Cove
EIN: 811572536 · Great Diamond Island, ME · NTEE: A54
| Metric | Value |
|---|---|
| Total Revenue | $13K |
| Total Expenses | $6K |
| Net Assets | $32K |
Is Fort Mckinley Museum At Diamond Cove Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Fort Mckinley Museum At Diamond Cove
Fort Mckinley Museum At Diamond Cove (EIN: 811572536) is a nonprofit organization based in Great Diamond Island, ME, classified under NTEE code A54. The organization reported total revenue of $13K and total assets of $37K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Fort Mckinley Museum At Diamond Cove's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Fort Mckinley Museum At Diamond Cove is a micro nonprofit that has been operating for 10 years, with 6 years of IRS 990 filings on record (2016–2023). Revenue has grown at a compound annual rate of -13.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $7K |
| Total Expenses | $6K |
| Surplus / Deficit | +$949 |
| Total Assets | $32K |
| Total Liabilities | $1 |
| Net Assets | $32K |
| Operating Margin | 14.6% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 69.2 months |
Financial Health Grade: A
In 2023, Fort Mckinley Museum At Diamond Cove reported a surplus of $949 with revenue exceeding expenses, holds 69.2 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 6 years of filings (2016–2023), Fort Mckinley Museum At Diamond Cove's revenue has declined at a compound annual growth rate (CAGR) of -13.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -57.6% | +22.2% | +3.1% |
| 2022 | +466.1% | +14.5% | +53.2% |
| 2021 | +54.5% | +35.9% | -5.9% |
| 2020 | -75.0% | -36.3% | -5.1% |
| 2019 | -60.2% | -3.4% | — |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2016 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Fort Mckinley Museum At Diamond Cove has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Fort Mckinley Museum At Diamond Cove with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $949, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Fort Mckinley Museum At Diamond Cove
Is Fort Mckinley Museum At Diamond Cove a legitimate charity?
Based on AI analysis of IRS 990 filings, Fort Mckinley Museum At Diamond Cove (EIN: 811572536) insufficient data. 0 red flags identified, 0 strengths noted.
How does Fort Mckinley Museum At Diamond Cove spend its money?
Detailed spending breakdown data is not yet available for Fort Mckinley Museum At Diamond Cove. Check back for updated IRS 990 analysis.
Are donations to Fort Mckinley Museum At Diamond Cove tax-deductible?
Fort Mckinley Museum At Diamond Cove is registered as a tax-exempt nonprofit (EIN: 811572536). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Fort Mckinley Museum At Diamond Cove located?
Fort Mckinley Museum At Diamond Cove is headquartered in Great Diamond Island, Maine and files with the IRS under EIN 811572536. It is classified under NTEE code A54.
How many years of IRS 990 filings does Fort Mckinley Museum At Diamond Cove have?
Fort Mckinley Museum At Diamond Cove 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 $13K in total revenue.
Filing History
IRS 990 filing history for Fort Mckinley Museum At Diamond Cove showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2016–2023), Fort Mckinley Museum At Diamond Cove's revenue has declined by 63%, moving from $18K to $7K. Total functional expenses rose by 16.9%, from $5K to $6K. In its most recent filing year (2023), Fort Mckinley Museum At Diamond Cove reported a surplus of $949, with revenue exceeding expenses. The organization holds $1 in liabilities against $32K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $32K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $7K | $6K | $32K | $1 | — | — |
| 2022 | $15K | $5K | $31K | $1 | — | — |
| 2021 | $3K | $4K | $20K | $1 | — | — |
| 2020 | $2K | $3K | $22K | $1 | — | View 990 |
| 2019 | $7K | $5K | $23K | $1 | — | View 990 |
| 2016 | $18K | $5K | $0 | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $7K, expenses of $6K, and assets of $32K (revenue -57.6% year-over-year).
- 2022: Revenue of $15K, expenses of $5K, and assets of $31K (revenue +466.1% year-over-year).
- 2021: Revenue of $3K, expenses of $4K, and assets of $20K (revenue +54.5% year-over-year).
- 2020: Revenue of $2K, expenses of $3K, and assets of $22K (revenue -75.0% year-over-year).
- 2019: Revenue of $7K, expenses of $5K, and assets of $23K (revenue -60.2% year-over-year).
- 2016: Revenue of $18K, expenses of $5K, and assets of $0.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Fort Mckinley Museum At Diamond Cove:
Data Sources and Methodology
This transparency report for Fort Mckinley Museum At Diamond Cove 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.