Hermon Skeet Club
Hermon Skeet Club maintains strong assets and zero executive compensation, with occasional annual deficits.
EIN: 16030523 · Orono, ME · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $101K |
| Total Expenses | $108K |
| Program Spending | 80% |
| Net Assets | $369K |
| Transparency Score | 85/100 |
Is Hermon Skeet Club Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Hermon Skeet Club directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Hermon Skeet Club
Hermon Skeet Club (EIN: 16030523) is a nonprofit organization based in Orono, ME. The organization reported total revenue of $101K and total assets of $353K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Hermon Skeet Club's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Hermon Skeet Club is a small nonprofit that has been operating for 57 years, with 13 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of 1.6%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $90K |
| Total Expenses | $108K |
| Surplus / Deficit | $-17,939 |
| Total Assets | $369K |
| Net Assets | $369K |
| Operating Margin | -19.9% |
| Months of Reserves | 41.0 months |
Financial Health Grade: B
In 2024, Hermon Skeet Club reported a deficit of $18K with expenses exceeding revenue, holds 41.0 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2012–2024), Hermon Skeet Club's revenue has grown at a compound annual growth rate (CAGR) of 1.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +15.8% | +72.7% | -4.6% |
| 2023 | +2.4% | -18.7% | +4.1% |
| 2022 | +2.9% | +28.5% | -0.3% |
| 2021 | -6.4% | -12.2% | +3.9% |
| 2020 | -6.0% | -1.0% | +3.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1969 |
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 Hermon Skeet Club 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Hermon Skeet Club allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $18K, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating a volunteer-led organization. This is a significant strength, as all revenue can be directed towards the club's operations and mission rather than salaries.
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 Hermon Skeet Club's IRS 990 filings:
- Latest fiscal period (202403) shows expenses exceeding revenue by approximately $18,000, indicating a short-term operating deficit.
Strengths
The following positive indicators were identified for Hermon Skeet Club:
- Consistent growth in assets, from $276,360 in 2015 to $369,386 in 2024, demonstrating strong financial health.
- Zero officer compensation reported across all filings, indicating a volunteer-driven model and efficient use of funds.
- Minimal to no liabilities in recent years, suggesting sound financial management and low debt burden.
- Long and consistent IRS 990 filing history (13 filings), indicating good transparency and compliance.
Frequently Asked Questions about Hermon Skeet Club
Is Hermon Skeet Club a legitimate charity?
Hermon Skeet Club (EIN: 16030523) is a registered tax-exempt nonprofit based in Maine. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $101K. 1 red flag identified. 4 strengths noted. Financial health grade: B.
How does Hermon Skeet Club spend its money?
Hermon Skeet Club directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Hermon Skeet Club tax-deductible?
Hermon Skeet Club is registered as a tax-exempt nonprofit (EIN: 16030523). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Hermon Skeet Club's spending goes to programs?
Hermon Skeet Club directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Hermon Skeet Club located?
Hermon Skeet Club is headquartered in Orono, Maine and files with the IRS under EIN 16030523.
How many years of IRS 990 filings does Hermon Skeet Club have?
Hermon Skeet Club has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $101K in total revenue.
Is Hermon Skeet Club financially stable?
Yes, the Hermon Skeet Club appears financially stable, with assets consistently growing from $276,360 in 2015 to $369,386 in 2024, and liabilities being minimal or zero in recent years.
Does Hermon Skeet Club pay its officers?
No, the IRS 990 filings consistently report 0% officer compensation, indicating that the club's leadership is volunteer-based.
How has the club's revenue trended over time?
The club's revenue has fluctuated but generally remained stable, ranging from $73,905 to $111,259 annually over the past decade, with the latest reported revenue at $90,168.
Did the club operate at a deficit in its latest fiscal period?
Yes, in the period 202403, the club reported expenses of $108,107 against revenues of $90,168, resulting in a deficit for that year.
Filing History
IRS 990 filing history for Hermon Skeet Club showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2024), Hermon Skeet Club's revenue has grown by 20.9%, moving from $75K to $90K. Total assets increased by 33.5% over the same period, from $277K to $369K. Total functional expenses rose by 71.1%, from $63K to $108K. In its most recent filing year (2024), Hermon Skeet Club reported a deficit of $18K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $90K | $108K | $369K | $0 | — | View 990 |
| 2023 | $78K | $63K | $387K | $0 | — | View 990 |
| 2022 | $76K | $77K | $372K | $0 | — | View 990 |
| 2021 | $74K | $60K | $373K | $0 | — | — |
| 2020 | $79K | $68K | $359K | $0 | — | View 990 |
| 2019 | $84K | $69K | $348K | $0 | — | View 990 |
| 2018 | $102K | $80K | $333K | $0 | — | — |
| 2017 | $91K | $67K | $311K | $0 | — | View 990 |
| 2016 | $111K | $74K | $296K | $4K | — | View 990 |
| 2015 | $78K | $73K | $276K | $22K | — | View 990 |
| 2014 | $48K | $49K | $278K | $28K | — | View 990 |
| 2013 | $66K | $65K | $277K | $26K | — | View 990 |
| 2012 | $75K | $63K | $277K | $27K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $90K, expenses of $108K, and assets of $369K (revenue +15.8% year-over-year).
- 2023: Revenue of $78K, expenses of $63K, and assets of $387K (revenue +2.4% year-over-year).
- 2022: Revenue of $76K, expenses of $77K, and assets of $372K (revenue +2.9% year-over-year).
- 2021: Revenue of $74K, expenses of $60K, and assets of $373K (revenue -6.4% year-over-year).
- 2020: Revenue of $79K, expenses of $68K, and assets of $359K (revenue -6.0% year-over-year).
- 2019: Revenue of $84K, expenses of $69K, and assets of $348K (revenue -17.5% year-over-year).
- 2018: Revenue of $102K, expenses of $80K, and assets of $333K (revenue +12.5% year-over-year).
- 2017: Revenue of $91K, expenses of $67K, and assets of $311K (revenue -18.6% year-over-year).
- 2016: Revenue of $111K, expenses of $74K, and assets of $296K (revenue +43.4% year-over-year).
- 2015: Revenue of $78K, expenses of $73K, and assets of $276K (revenue +61.8% year-over-year).
- 2014: Revenue of $48K, expenses of $49K, and assets of $278K (revenue -27.7% year-over-year).
- 2013: Revenue of $66K, expenses of $65K, and assets of $277K (revenue -11.1% year-over-year).
- 2012: Revenue of $75K, expenses of $63K, and assets of $277K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Hermon Skeet Club:
Data Sources and Methodology
This transparency report for Hermon Skeet Club 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.