Historic St Marys City Foundation Inc
EIN: 521300423 · St Marys City, MD · NTEE: A82Z
| Metric | Value |
|---|---|
| Total Revenue | $247K |
| Total Expenses | $249K |
| Net Assets | $418K |
Is Historic St Marys City Foundation Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Historic St Marys City Foundation Inc
Historic St Marys City Foundation Inc (EIN: 521300423) is a nonprofit organization based in St Marys City, MD, classified under NTEE code A82Z. The organization reported total revenue of $247K and total assets of $537K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Historic St Marys City Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Historic St Marys City Foundation Inc is a small nonprofit that has been operating for 42 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 1.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $233K |
| Total Expenses | $249K |
| Surplus / Deficit | $-15,455 |
| Total Assets | $508K |
| Total Liabilities | $89K |
| Net Assets | $418K |
| Operating Margin | -6.6% |
| Debt-to-Asset Ratio | 17.6% |
| Months of Reserves | 24.5 months |
Financial Health Grade: B
In 2023, Historic St Marys City Foundation Inc reported a deficit of $15K with expenses exceeding revenue, holds 24.5 months of operating reserves (strong position), has a debt-to-asset ratio of 17.6% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Historic St Marys City Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 1.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -8.4% | +44.7% | -1.2% |
| 2022 | +4.7% | -39.8% | +11.5% |
| 2021 | +74.5% | -10.9% | -11.4% |
| 2020 | -29.3% | +60.3% | -14.9% |
| 2019 | +31.0% | +11.1% | +4.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1984 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Historic St Marys City Foundation Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Historic St Marys City Foundation Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $15K, with expenses exceeding revenue.
- Debt-to-asset ratio: 17.6%.
Frequently Asked Questions about Historic St Marys City Foundation Inc
Is Historic St Marys City Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Historic St Marys City Foundation Inc (EIN: 521300423) insufficient data. 0 red flags identified, 0 strengths noted.
How does Historic St Marys City Foundation Inc spend its money?
Detailed spending breakdown data is not yet available for Historic St Marys City Foundation Inc. Check back for updated IRS 990 analysis.
Are donations to Historic St Marys City Foundation Inc tax-deductible?
Historic St Marys City Foundation Inc is registered as a tax-exempt nonprofit (EIN: 521300423). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Historic St Marys City Foundation Inc located?
Historic St Marys City Foundation Inc is headquartered in St Marys City, Maryland and files with the IRS under EIN 521300423. It is classified under NTEE code A82Z.
How many years of IRS 990 filings does Historic St Marys City Foundation Inc have?
Historic St Marys City Foundation Inc 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 $247K in total revenue.
Filing History
IRS 990 filing history for Historic St Marys City Foundation Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Historic St Marys City Foundation Inc's revenue has grown by 24.1%, moving from $188K to $233K. Total assets increased by 8.6% over the same period, from $467K to $508K. Total functional expenses rose by 31.9%, from $188K to $249K. In its most recent filing year (2023), Historic St Marys City Foundation Inc reported a deficit of $15K, with expenses exceeding revenue. The organization holds $89K in liabilities against $508K in assets (debt-to-asset ratio: 17.6%), resulting in net assets of $418K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $233K | $249K | $508K | $89K | — | View 990 |
| 2022 | $255K | $172K | $514K | $80K | — | View 990 |
| 2021 | $243K | $285K | $461K | $109K | — | — |
| 2020 | $139K | $320K | $520K | $125K | — | View 990 |
| 2019 | $197K | $200K | $611K | $35K | — | View 990 |
| 2018 | $151K | $180K | $588K | $9K | — | View 990 |
| 2017 | $173K | $100K | $632K | $24K | — | View 990 |
| 2016 | $233K | $206K | $563K | $28K | — | View 990 |
| 2015 | $173K | $174K | $519K | $12K | — | View 990 |
| 2014 | $269K | $139K | $522K | $15K | — | View 990 |
| 2013 | $194K | $155K | $388K | $11K | — | View 990 |
| 2012 | $163K | $269K | $354K | $16K | — | View 990 |
| 2011 | $188K | $188K | $467K | $24K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $233K, expenses of $249K, and assets of $508K (revenue -8.4% year-over-year).
- 2022: Revenue of $255K, expenses of $172K, and assets of $514K (revenue +4.7% year-over-year).
- 2021: Revenue of $243K, expenses of $285K, and assets of $461K (revenue +74.5% year-over-year).
- 2020: Revenue of $139K, expenses of $320K, and assets of $520K (revenue -29.3% year-over-year).
- 2019: Revenue of $197K, expenses of $200K, and assets of $611K (revenue +31.0% year-over-year).
- 2018: Revenue of $151K, expenses of $180K, and assets of $588K (revenue -13.1% year-over-year).
- 2017: Revenue of $173K, expenses of $100K, and assets of $632K (revenue -25.8% year-over-year).
- 2016: Revenue of $233K, expenses of $206K, and assets of $563K (revenue +34.9% year-over-year).
- 2015: Revenue of $173K, expenses of $174K, and assets of $519K (revenue -35.7% year-over-year).
- 2014: Revenue of $269K, expenses of $139K, and assets of $522K (revenue +39.0% year-over-year).
- 2013: Revenue of $194K, expenses of $155K, and assets of $388K (revenue +18.9% year-over-year).
- 2012: Revenue of $163K, expenses of $269K, and assets of $354K (revenue -13.2% year-over-year).
- 2011: Revenue of $188K, expenses of $188K, and assets of $467K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Historic St Marys City Foundation Inc:
Data Sources and Methodology
This transparency report for Historic St Marys City Foundation 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.