Hallowell Centennial Burial Ground Assn Inc

Hallowell Centennial Burial Ground Assn Inc maintains strong financial health with low expenses and growing assets.

EIN: 10055140 · Hallowell, ME · Updated: 2026-03-28

$125KRevenue

$1.1MAssets

95/100Mission Score (Excellent)

Is Hallowell Centennial Burial Ground Assn Inc Legit?

Appears Legitimate

GoodFiling Consistency

ExcellentSpending Efficiency

GoodTransparency

NoneRed Flags

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

Hallowell Centennial Burial Ground Assn Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Hallowell Centennial Burial Ground Assn Inc

Hallowell Centennial Burial Ground Assn Inc (EIN: 10055140) is a nonprofit organization based in Hallowell, ME. The organization reported total revenue of $125K and total assets of $1.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Hallowell Centennial Burial Ground Assn Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Hallowell Centennial Burial Ground Assn Inc demonstrates strong financial health and efficient spending, primarily due to its minimal operational expenses relative to its revenue and growing asset base. In the latest filing period (202406), the organization reported revenue of $133,258 against expenses of $38,556, indicating a significant surplus that contributes to its substantial asset growth. Over the past decade, assets have consistently increased from $481,405 in 201506 to $1,036,636 in 202406, more than doubling. This consistent growth, coupled with zero reported liabilities across all filings, suggests excellent financial stewardship and stability.

The organization's spending efficiency is exceptional, with expenses consistently representing a small fraction of its revenue. For instance, in 202406, expenses were only about 29% of revenue, and in 202306, they were even lower at approximately 16%. The absence of officer compensation further underscores its commitment to directing resources towards its mission. While specific program spending details are not explicitly broken down in the provided summary, the low overall expense ratio strongly implies that the majority of spending is directly related to its operational purpose, likely maintenance and preservation of the burial ground. The consistent filing of IRS 990 forms over 13 periods indicates a commitment to transparency.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Hallowell Centennial Burial Ground Assn Inc 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: 85%
fundraising: 5%

According to IRS 990 filings, Hallowell Centennial Burial Ground Assn Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

The organization reports 0% officer compensation across all available filings, indicating that its leadership serves on a volunteer basis, which is highly commendable for a nonprofit of its size and mission.

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 Hallowell Centennial Burial Ground Assn Inc:

Consistent asset growth, more than doubling from $481,405 in 201506 to $1,036,636 in 202406.
Extremely low expense ratio relative to revenue (e.g., 29% in 202406, 16% in 202306).
Zero reported liabilities across all filing periods, indicating strong financial stability.
0% officer compensation, demonstrating a volunteer-driven leadership and efficient use of funds.
Consistent filing of IRS 990 forms over 13 periods, indicating good transparency.

Frequently Asked Questions about Hallowell Centennial Burial Ground Assn Inc

Is Hallowell Centennial Burial Ground Assn Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Hallowell Centennial Burial Ground Assn Inc (EIN: 10055140) appears legitimate. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.

How does Hallowell Centennial Burial Ground Assn Inc spend its money?

Hallowell Centennial Burial Ground Assn Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.

Are donations to Hallowell Centennial Burial Ground Assn Inc tax-deductible?

Hallowell Centennial Burial Ground Assn Inc is registered as a tax-exempt nonprofit (EIN: 10055140). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

Is Hallowell Centennial Burial Ground Assn Inc a good charity?

Based on its financial data, Hallowell Centennial Burial Ground Assn Inc appears to be a very well-managed and efficient organization. It consistently operates with low expenses, no liabilities, and a growing asset base, suggesting strong financial health and effective use of resources.

How does the organization manage its finances?

The organization manages its finances exceptionally well, consistently generating more revenue than expenses. For example, in 202406, revenue was $133,258 while expenses were only $38,556, leading to a significant surplus that contributes to its asset growth. Liabilities are consistently reported as $0.

What is the trend in the organization's assets?

The organization's assets have shown a strong and consistent upward trend, more than doubling from $481,405 in 201506 to $1,036,636 in 202406. This indicates robust financial growth and stability.

Filing History

IRS 990 filing history for Hallowell Centennial Burial Ground Assn Inc showing financial trends over 13 years of public records:

Total assets increased by 141.1% over the same period, from $430K to $1.0M. Total functional expenses rose by 64.2%, from $23K to $39K. In its most recent filing year (2024), Hallowell Centennial Burial Ground Assn Inc reported a surplus of $95K, with revenue exceeding expenses.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2024	$133K	$39K	$1.0M	$0	—	—
2023	$156K	$25K	$941K	$0	—	—
2022	$194K	$13K	$810K	$0	—	View 990
2021	$48K	$14K	$629K	$0	—	—
2020	$44K	$22K	$595K	$0	—	View 990
2019	$40K	$14K	$572K	$0	—	View 990
2018	$36K	$8K	$546K	$0	—	—
2017	$35K	$12K	$519K	$0	—	View 990
2016	$33K	$18K	$496K	$0	—	View 990
2015	$32K	$14K	$481K	$0	—	View 990
2014	$35K	$33K	$464K	$0	—	View 990
2013	$33K	$12K	$451K	$0	—	View 990
2012	$-10,181	$23K	$430K	$0	—	View 990

Year-by-Year Financial Summary

2024: Revenue of $133K, expenses of $39K, and assets of $1.0M (revenue -14.6% year-over-year).
2023: Revenue of $156K, expenses of $25K, and assets of $941K (revenue -19.6% year-over-year).
2022: Revenue of $194K, expenses of $13K, and assets of $810K (revenue +305.2% year-over-year).
2021: Revenue of $48K, expenses of $14K, and assets of $629K (revenue +7.8% year-over-year).
2020: Revenue of $44K, expenses of $22K, and assets of $595K (revenue +12.1% year-over-year).
2019: Revenue of $40K, expenses of $14K, and assets of $572K (revenue +9.6% year-over-year).
2018: Revenue of $36K, expenses of $8K, and assets of $546K (revenue +3.1% year-over-year).
2017: Revenue of $35K, expenses of $12K, and assets of $519K (revenue +7.3% year-over-year).
2016: Revenue of $33K, expenses of $18K, and assets of $496K (revenue +2.5% year-over-year).
2015: Revenue of $32K, expenses of $14K, and assets of $481K (revenue -8.7% year-over-year).
2014: Revenue of $35K, expenses of $33K, and assets of $464K (revenue +5.7% year-over-year).
2013: Revenue of $33K, expenses of $12K, and assets of $451K.
2012: Revenue of $-10,181, expenses of $23K, and assets of $430K.

Data Sources and Methodology

This transparency report for Hallowell Centennial Burial Ground Assn Inc 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.