German Protestant Society

German Protestant Society maintains strong asset growth with minimal expenses and no reported officer compensation.

EIN: 16011236 · Waldoboro, ME · NTEE: Y50 · Updated: 2026-03-28

$148KRevenue

$632KAssets

95/100Mission Score (Excellent)

Y50

About German Protestant Society

German Protestant Society (EIN: 16011236) is a nonprofit organization based in Waldoboro, ME, classified under NTEE code Y50. The organization reported total revenue of $148K and total assets of $632K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of German Protestant Society's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

The German Protestant Society demonstrates consistent financial stability with a healthy asset base relative to its annual revenue. Over the past decade, the organization has maintained positive net assets, growing from $417,118 in 2014 to $611,114 in 2023. Its expenses are consistently low, often less than half of its revenue, indicating efficient operations. For example, in 2023, expenses were $17,751 against $37,668 in revenue. The organization's transparency is high, as evidenced by 13 filings and zero reported liabilities across all periods, suggesting a straightforward financial structure.

The organization's spending efficiency appears very strong, particularly given that no officer compensation has been reported in any of the available filings. This suggests that the organization is likely volunteer-run or has very minimal administrative overhead, allowing a significant portion of its resources to be directed towards its mission. The consistent growth in assets, despite fluctuating annual revenues, further underscores a prudent financial management approach.

Overall, the German Protestant Society exhibits robust financial health and high operational efficiency. The absence of liabilities and officer compensation, combined with a growing asset base, points to a well-managed and transparent organization. Its consistent filing history further enhances its transparency profile.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates German Protestant 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, German Protestant 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

No officer compensation has been reported in any of the 13 available IRS 990 filings, indicating that the organization is likely volunteer-led or operates with extremely low executive overhead, which is highly efficient for an organization of its size.

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 German Protestant Society:

Strong program spending efficiency due to minimal overhead and no reported officer compensation.
Consistent growth in assets, from $417,118 in 2014 to $611,114 in 2023, indicating financial stability.
Zero reported liabilities across all 13 filings, demonstrating excellent financial health and risk management.
Expenses consistently well below revenue in most years (e.g., $17,751 expenses vs. $37,668 revenue in 2023), showing efficient operations.
High transparency with 13 consistent IRS 990 filings.

Frequently Asked Questions about German Protestant Society

Is the German Protestant Society a good charity?

Based on the financial data, the German Protestant Society appears to be a very good charity. It demonstrates strong financial health with growing assets ($611,114 in 2023), very low expenses (e.g., $17,751 in 2023), and no reported officer compensation, suggesting high efficiency and a strong focus on its mission.

How does the organization manage its finances?

The organization manages its finances prudently, consistently maintaining positive net assets and growing its asset base from $417,118 in 2014 to $611,114 in 2023. Expenses are kept significantly lower than revenue in most years, indicating careful stewardship of funds. There are no reported liabilities, further highlighting sound financial management.

What is the organization's overhead?

The organization's overhead appears to be extremely low. With no reported officer compensation across all filings and expenses consistently well below revenue (e.g., $17,751 in expenses vs. $37,668 in revenue in 2023), it suggests that administrative and fundraising costs are minimal, allowing most resources to go towards programs.

Filing History

IRS 990 filing history for German Protestant Society showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), German Protestant Society's revenue has grown by 98.4%, moving from $19K to $38K. Total assets increased by 55.7% over the same period, from $393K to $611K. Total functional expenses rose by 15.4%, from $15K to $18K. In its most recent filing year (2023), German Protestant Society reported a surplus of $20K, with revenue exceeding expenses.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$38K	$18K	$611K	$0	—	—
2022	$31K	$43K	$581K	$0	—	View 990
2021	$28K	$13K	$638K	$0	—	—
2020	$36K	$13K	$601K	$0	—	—
2019	$53K	$12K	$576K	$0	—	View 990
2018	$36K	$14K	$497K	$0	—	View 990
2017	$25K	$17K	$488K	$0	—	View 990
2016	$23K	$15K	$493K	$0	—	View 990
2015	$26K	$11K	$434K	$0	—	View 990
2014	$16K	$21K	$417K	$0	—	View 990
2013	$23K	$28K	$411K	$0	—	View 990
2012	$18K	$13K	$408K	$0	—	View 990
2011	$19K	$15K	$393K	$0	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $38K, expenses of $18K, and assets of $611K (revenue +21.3% year-over-year).
2022: Revenue of $31K, expenses of $43K, and assets of $581K (revenue +12.9% year-over-year).
2021: Revenue of $28K, expenses of $13K, and assets of $638K (revenue -23.9% year-over-year).
2020: Revenue of $36K, expenses of $13K, and assets of $601K (revenue -31.6% year-over-year).
2019: Revenue of $53K, expenses of $12K, and assets of $576K (revenue +46.8% year-over-year).
2018: Revenue of $36K, expenses of $14K, and assets of $497K (revenue +45.6% year-over-year).
2017: Revenue of $25K, expenses of $17K, and assets of $488K (revenue +6.4% year-over-year).
2016: Revenue of $23K, expenses of $15K, and assets of $493K (revenue -11.0% year-over-year).
2015: Revenue of $26K, expenses of $11K, and assets of $434K (revenue +67.4% year-over-year).
2014: Revenue of $16K, expenses of $21K, and assets of $417K (revenue -32.0% year-over-year).
2013: Revenue of $23K, expenses of $28K, and assets of $411K (revenue +24.5% year-over-year).
2012: Revenue of $18K, expenses of $13K, and assets of $408K (revenue -2.9% year-over-year).
2011: Revenue of $19K, expenses of $15K, and assets of $393K.

Data Sources and Methodology

This transparency report for German Protestant 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.