Freedom Historical Society

Freedom Historical Society reports no revenue or assets, indicating a volunteer-driven, non-monetary operational model.

EIN: 10539071 · Freedom, ME · NTEE: A80 · Updated: 2026-03-28

$0Revenue
$0Assets
70/100Mission Score (Good)
A80
Freedom Historical Society Financial Summary
MetricValue
Program Spending100%
CEO/Top Officer Pay$0
Transparency Score70/100

Is Freedom Historical Society Legit?

Some Concerns

NoneFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
1 FoundRed Flags

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

Freedom Historical Society directs 100% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Freedom Historical Society

Freedom Historical Society (EIN: 10539071) is a nonprofit organization based in Freedom, ME, classified under NTEE code A80. 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 Freedom Historical Society's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date2014

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

AI Transparency Report

The Freedom Historical Society appears to be a very small, likely volunteer-run organization, as indicated by its latest reported revenue and assets of $0. This suggests that the society operates with minimal or no financial transactions that would typically be reported on an IRS Form 990. While this level of financial activity inherently limits the scope for detailed financial analysis regarding spending efficiency, it also means there are no significant financial red flags related to large expenditures or complex financial structures. The transparency of such an organization is primarily reflected in its community engagement and the accessibility of its historical resources, rather than financial disclosures, given the absence of reportable financial data. Without any reported revenue or assets, it's impossible to assess spending efficiency in terms of program, administrative, or fundraising ratios. The organization's financial health, based on these filings, is characterized by its non-monetary operational model. This structure implies a reliance on in-kind donations, volunteer labor, and community support rather than substantial financial inflows or outflows. Therefore, traditional financial metrics for evaluating nonprofit performance are not applicable here.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Freedom Historical Society 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

  • admin: 0%
  • programs: 100%
  • fundraising: 0%

According to IRS 990 filings, Freedom Historical Society allocates its expenses as follows: admin: 0%, programs: 100%, fundraising: 0%. With 100% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

No executive compensation is reported, which is consistent with an organization reporting $0 in revenue and assets, suggesting a volunteer-led structure.

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 Freedom Historical Society's IRS 990 filings:

  • No reported revenue or assets, limiting financial analysis

Strengths

The following positive indicators were identified for Freedom Historical Society:

  • Likely high reliance on volunteerism and community support
  • Minimal overhead due to lack of financial transactions

Frequently Asked Questions about Freedom Historical Society

Is Freedom Historical Society a legitimate charity?

Freedom Historical Society (EIN: 10539071) is a registered tax-exempt nonprofit based in Maine. Our AI analysis gives it a Mission Score of 70/100. 1 red flag identified. 2 strengths noted. Financial health grade: D.

How does Freedom Historical Society spend its money?

Freedom Historical Society directs 100% of its spending to programs and services. This exceeds the 65% industry benchmark.

Are donations to Freedom Historical Society tax-deductible?

Freedom Historical Society is registered as a tax-exempt nonprofit (EIN: 10539071). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

How much does the Freedom Historical Society CEO make?

Freedom Historical Society's highest-compensated officer earns $0 annually. Executive compensation data is disclosed in IRS 990 filings.

How does Freedom Historical Society compare to similar nonprofits?

With a transparency score of 70/100 (Good), Freedom 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 Freedom Historical Society located?

Freedom Historical Society is headquartered in Freedom, Maine and files with the IRS under EIN 10539071. It is classified under NTEE code A80.

How does Freedom Historical Society fund its operations if it reports $0 revenue?

The organization likely operates entirely through volunteer efforts, in-kind donations, and community support, without significant monetary transactions that would be reported as revenue on an IRS Form 990.

What does the $0 in assets signify for the organization's long-term sustainability?

The $0 in assets suggests the organization does not own significant property or financial reserves, indicating a reliance on current community support and in-kind resources for its ongoing operations rather than accumulated wealth.

Data Sources and Methodology

This transparency report for Freedom 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.

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