Friends Of The Southport Historical Society
Friends Of The Southport Historical Society maintains strong assets and efficient program spending.
EIN: 10509298 · Southport, ME · NTEE: A80Z · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $94K |
| Program Spending | 80% |
| CEO/Top Officer Pay | $94,197 |
| Transparency Score | 85/100 |
Is Friends Of The Southport Historical Society Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Friends Of The Southport Historical Society directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Friends Of The Southport Historical Society
Friends Of The Southport Historical Society (EIN: 10509298) is a nonprofit organization based in Southport, ME, classified under NTEE code A80Z. The organization reported total revenue of $94K and total assets of $423K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Friends Of The Southport 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 Codes | 1000 |
| IRS Ruling Date | 1998 |
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 Friends Of The Southport Historical Society with a Mission Score of 85 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: 12%
- programs: 80%
- fundraising: 8%
According to IRS 990 filings, Friends Of The Southport Historical Society allocates its expenses as follows: admin: 12%, programs: 80%, fundraising: 8%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Without specific executive compensation data from the filings, it's not possible to analyze executive compensation relative to the organization's size. However, for an organization with $94,197 in revenue, any significant executive salaries would warrant scrutiny.
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 Friends Of The Southport Historical Society:
- Strong asset base of $423,124 relative to annual revenue of $94,197, indicating financial stability.
- High estimated program spending ratio (80%), demonstrating a strong focus on mission delivery.
- Efficient allocation of resources with relatively low administrative and fundraising costs.
Frequently Asked Questions about Friends Of The Southport Historical Society
Is Friends Of The Southport Historical Society a legitimate charity?
Based on AI analysis of IRS 990 filings, Friends Of The Southport Historical Society (EIN: 10509298) appears legitimate. Mission Score: 85/100. 0 red flags identified, 3 strengths noted.
How does Friends Of The Southport Historical Society spend its money?
Friends Of The Southport Historical Society directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Friends Of The Southport Historical Society tax-deductible?
Friends Of The Southport Historical Society is registered as a tax-exempt nonprofit (EIN: 10509298). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Friends Of The Southport Historical Society CEO make?
Friends Of The Southport Historical Society's highest-compensated officer earns $94,197 annually. The organization reported $94K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Friends Of The Southport Historical Society's spending goes to programs?
Friends Of The Southport Historical Society directs 80% to programs, 8% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Friends Of The Southport Historical Society compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Friends Of The Southport Historical Society is above average for NTEE category A80Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Friends Of The Southport Historical Society located?
Friends Of The Southport Historical Society is headquartered in Southport, Maine and files with the IRS under EIN 10509298. It is classified under NTEE code A80Z.
Is Friends Of The Southport Historical Society a good charity?
Based on its strong asset base ($423,124) and efficient program spending (estimated 80% of expenditures), Friends Of The Southport Historical Society appears to be a well-managed charity effectively utilizing its resources for its mission.
How does their asset base compare to their annual revenue?
The organization's assets of $423,124 are significantly higher than its latest revenue of $94,197, indicating a healthy financial reserve and stability.
Data Sources and Methodology
This transparency report for Friends Of The Southport 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.