Gilead Historical Society
Gilead Historical Society reports zero revenue and assets in latest filing, raising concerns about operational status.
EIN: 201925417 · Gilead, ME · NTEE: A80 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Expenses | $6K |
| Program Spending | 90% |
| Net Assets | $202K |
| Transparency Score | 30/100 |
Is Gilead Historical Society Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Gilead Historical Society directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Gilead Historical Society
Gilead Historical Society (EIN: 201925417) is a nonprofit organization based in Gilead, 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 Gilead Historical Society's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Gilead Historical Society is a micro nonprofit that has been operating for 12 years, with 4 years of IRS 990 filings on record (2008–2011). Revenue has grown at a compound annual rate of 158.0%.
Key Financial Metrics (2011)
From the most recent IRS 990 filing on record:
| Total Revenue | $68K |
| Total Expenses | $6K |
| Surplus / Deficit | +$62K |
| Total Assets | $202K |
| Net Assets | $202K |
| Operating Margin | 90.9% |
| Months of Reserves | 393.2 months |
Financial Health Grade: A
In 2011, Gilead Historical Society reported a surplus of $62K with revenue exceeding expenses, holds 393.2 months of operating reserves (strong position).
Financial Trends
Over 4 years of filings (2008–2011), Gilead Historical Society's revenue has grown at a compound annual growth rate (CAGR) of 158.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2011 | -51.1% | -30.3% | +43.1% |
| 2010 | +1065.2% | +2.6% | +1141.9% |
| 2009 | +201.1% | +197.9% | +39.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2014 |
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 Gilead Historical Society with a Mission Score of 30 out of 100 (Poor). 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, Gilead 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.
Key Financial Metrics (2011)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $62K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation has consistently been reported as 0% across all available filings, indicating a volunteer-led organization. While this minimizes overhead, it also suggests a lack of paid, dedicated leadership, which could be a factor in the organization's current dormant financial state.
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 Gilead Historical Society's IRS 990 filings:
- Zero revenue and assets in the latest filing, indicating potential dormancy.
- Significant and unexplained decline in financial activity since 2011.
- Lack of recent financial transparency beyond the $0 figures.
Strengths
The following positive indicators were identified for Gilead Historical Society:
- Historically low expenses relative to revenue in active periods (e.g., $6,179 expenses on $67,735 revenue in 2011).
- Volunteer-led with 0% officer compensation reported across all filings.
- Demonstrated ability to accumulate assets in its active years, reaching over $200,000 by 2011.
Frequently Asked Questions about Gilead Historical Society
Is Gilead Historical Society a legitimate charity?
Gilead Historical Society (EIN: 201925417) is a registered tax-exempt nonprofit based in Maine. Our AI analysis gives it a Mission Score of 30/100. It has 4 years of IRS 990 filings on record. 3 red flags identified. 3 strengths noted. Financial health grade: A.
How does Gilead Historical Society spend its money?
Gilead Historical Society directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Gilead Historical Society tax-deductible?
Gilead Historical Society is registered as a tax-exempt nonprofit (EIN: 201925417). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Gilead Historical Society compare to similar nonprofits?
With a transparency score of 30/100 (Poor), Gilead Historical Society is below average for NTEE category A80 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Gilead Historical Society located?
Gilead Historical Society is headquartered in Gilead, Maine and files with the IRS under EIN 201925417. It is classified under NTEE code A80.
How many years of IRS 990 filings does Gilead Historical Society have?
Gilead Historical Society has 4 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data.
Is Gilead Historical Society still operational?
The latest financial data showing $0 in revenue and assets strongly suggests the organization may no longer be actively operating or has significantly scaled back its activities.
What caused the significant decline in financial activity from 2011 to the present?
The provided data does not specify the reasons for the decline from $67,735 in revenue and $202,455 in assets in 2011 to $0 in the latest filing. Further investigation into subsequent filings or public statements would be needed.
How did the organization manage its assets, given the substantial accumulation by 2011 and subsequent disappearance?
The data shows assets grew from $8,174 in 2008 to $202,455 in 2011. The current $0 asset figure implies these assets were either spent, transferred, or dissolved, but the filings do not provide details on their disposition.
Filing History
IRS 990 filing history for Gilead Historical Society showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2008–2011), Gilead Historical Society's revenue has grown by 1617%, moving from $4K to $68K. Total assets increased by 2376.8% over the same period, from $8K to $202K. Total functional expenses rose by 113.1%, from $3K to $6K. In its most recent filing year (2011), Gilead Historical Society reported a surplus of $62K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2011 | $68K | $6K | $202K | $0 | — | View 990 |
| 2010 | $138K | $9K | $141K | $0 | — | View 990 |
| 2009 | $12K | $9K | $11K | $40 | — | View 990 |
| 2008 | $4K | $3K | $8K | $60 | — | View 990 |
Year-by-Year Financial Summary
- 2011: Revenue of $68K, expenses of $6K, and assets of $202K (revenue -51.1% year-over-year).
- 2010: Revenue of $138K, expenses of $9K, and assets of $141K (revenue +1065.2% year-over-year).
- 2009: Revenue of $12K, expenses of $9K, and assets of $11K (revenue +201.1% year-over-year).
- 2008: Revenue of $4K, expenses of $3K, and assets of $8K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Gilead Historical Society:
Data Sources and Methodology
This transparency report for Gilead 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.