Historic Organ Restoration Committee Inc
Historic Organ Restoration Committee Inc. shows consistent growth and zero executive compensation.
EIN: 200777618 · Atlantic City, NJ · NTEE: A80 · Updated: 2026-03-28
About Historic Organ Restoration Committee Inc
Historic Organ Restoration Committee Inc (EIN: 200777618) is a nonprofit organization based in Atlantic City, NJ, classified under NTEE code A80. The organization reported total revenue of $758K and total assets of $547K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Historic Organ Restoration Committee Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Historic Organ Restoration Committee Inc with a Mission Score of 90 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, Historic Organ Restoration Committee 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 consistently reports 0% officer compensation across all available filings, indicating that no salaries are paid to its executives. This suggests a volunteer-led structure, which is highly efficient for a nonprofit of this 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 Historic Organ Restoration Committee Inc:
- Consistent revenue growth, from $183,291 in 2014 to $628,031 in 2023.
- Strong asset accumulation, increasing from $78,414 in 2014 to $532,150 in 2023.
- Zero officer compensation reported across all filings, indicating high efficiency and volunteer leadership.
- Healthy asset-to-liability ratio, with liabilities consistently low relative to assets (e.g., $29,429 liabilities vs. $532,150 assets in 2023).
- Positive net income in most recent years, demonstrating financial sustainability (e.g., $628,031 revenue vs. $517,915 expenses in 2023).
Frequently Asked Questions about Historic Organ Restoration Committee Inc
Is Historic Organ Restoration Committee Inc. a good charity?
Based on the provided data, the organization appears to be a good charity. It demonstrates consistent financial growth, maintains a healthy asset-to-liability ratio, and notably reports 0% officer compensation, indicating strong financial stewardship and a focus on its mission.
How has the organization's financial health changed over time?
The organization's financial health has significantly improved over time, with revenue growing from $183,291 in 2014 to $628,031 in 2023, and assets increasing from $78,414 to $532,150 in the same period. This indicates strong and sustained growth.
What is the organization's approach to executive compensation?
The Historic Organ Restoration Committee Inc. has a highly commendable approach to executive compensation, consistently reporting 0% officer compensation in all available filings. This means that no salaries are paid to its officers, maximizing funds available for its mission.
Are there any signs of financial mismanagement?
No, the provided data does not show any signs of financial mismanagement. The organization has consistently grown its assets, kept liabilities low, and maintained a positive revenue-to-expense ratio in most recent years, all while paying no officer compensation.
Filing History
IRS 990 filing history for Historic Organ Restoration Committee Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Historic Organ Restoration Committee Inc's revenue has grown by 11094.8%, moving from $6K to $628K. Total assets increased by 9428.2% over the same period, from $6K to $532K. Total functional expenses rose by 2071560%, from $25 to $518K. In its most recent filing year (2023), Historic Organ Restoration Committee Inc reported a surplus of $110K, with revenue exceeding expenses. The organization holds $29K in liabilities against $532K in assets (debt-to-asset ratio: 5.5%), resulting in net assets of $503K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $628K | $518K | $532K | $29K | — | View 990 |
| 2022 | $602K | $458K | $425K | $34K | — | View 990 |
| 2021 | $547K | $425K | $288K | $12K | — | View 990 |
| 2020 | $445K | $412K | $217K | $64K | — | View 990 |
| 2019 | $413K | $451K | $124K | $4K | — | View 990 |
| 2018 | $505K | $458K | $161K | $3K | — | View 990 |
| 2017 | $435K | $442K | $110K | $6K | — | View 990 |
| 2016 | $355K | $377K | $116K | $5K | — | View 990 |
| 2015 | $265K | $210K | $143K | $10K | — | View 990 |
| 2014 | $183K | $115K | $78K | $780 | — | View 990 |
| 2013 | $4K | $4K | $9K | $0 | — | View 990 |
| 2012 | $509 | $0 | $9K | $0 | — | View 990 |
| 2011 | $3K | $0 | $9K | $0 | — | View 990 |
| 2010 | $6K | $25 | $6K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $628K, expenses of $518K, and assets of $532K (revenue +4.3% year-over-year).
- 2022: Revenue of $602K, expenses of $458K, and assets of $425K (revenue +10.1% year-over-year).
- 2021: Revenue of $547K, expenses of $425K, and assets of $288K (revenue +22.9% year-over-year).
- 2020: Revenue of $445K, expenses of $412K, and assets of $217K (revenue +7.8% year-over-year).
- 2019: Revenue of $413K, expenses of $451K, and assets of $124K (revenue -18.3% year-over-year).
- 2018: Revenue of $505K, expenses of $458K, and assets of $161K (revenue +16.2% year-over-year).
- 2017: Revenue of $435K, expenses of $442K, and assets of $110K (revenue +22.5% year-over-year).
- 2016: Revenue of $355K, expenses of $377K, and assets of $116K (revenue +33.8% year-over-year).
- 2015: Revenue of $265K, expenses of $210K, and assets of $143K (revenue +44.7% year-over-year).
- 2014: Revenue of $183K, expenses of $115K, and assets of $78K (revenue +4641.1% year-over-year).
- 2013: Revenue of $4K, expenses of $4K, and assets of $9K (revenue +659.5% year-over-year).
- 2012: Revenue of $509, expenses of $0, and assets of $9K (revenue -83.1% year-over-year).
- 2011: Revenue of $3K, expenses of $0, and assets of $9K (revenue -46.4% year-over-year).
- 2010: Revenue of $6K, expenses of $25, and assets of $6K.
Data Sources and Methodology
This transparency report for Historic Organ Restoration Committee 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.