Historical Society Of The Town Of Hancock Maine
Small historical society operates with minimal revenue and no paid officers.
EIN: 10369079 · Hancock, ME · Updated: 2026-03-28
Is Historical Society Of The Town Of Hancock Maine Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Historical Society Of The Town Of Hancock Maine directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Historical Society Of The Town Of Hancock Maine
Historical Society Of The Town Of Hancock Maine (EIN: 10369079) is a nonprofit organization based in Hancock, ME. 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 Historical Society Of The Town Of Hancock Maine'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 Historical Society Of The Town Of Hancock Maine with a Mission Score of 75 out of 100 (Good). 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, Historical Society Of The Town Of Hancock Maine 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.
Executive Compensation Analysis
Executive compensation is 0% of expenses, indicating that all officers are volunteers and receive no salary, which is typical for very small, community-based organizations.
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 Historical Society Of The Town Of Hancock Maine's IRS 990 filings:
- Extremely low revenue and assets, indicating limited operational capacity.
Strengths
The following positive indicators were identified for Historical Society Of The Town Of Hancock Maine:
- No officer compensation, indicating a volunteer-driven model.
- Very low expenses relative to assets, suggesting careful resource management.
- Filed IRS 990, demonstrating basic transparency.
Frequently Asked Questions about Historical Society Of The Town Of Hancock Maine
Is Historical Society Of The Town Of Hancock Maine a legitimate charity?
Based on AI analysis of IRS 990 filings, Historical Society Of The Town Of Hancock Maine (EIN: 10369079) some concerns. Mission Score: 75/100. 1 red flag identified, 3 strengths noted.
How does Historical Society Of The Town Of Hancock Maine spend its money?
Historical Society Of The Town Of Hancock Maine directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Historical Society Of The Town Of Hancock Maine tax-deductible?
Historical Society Of The Town Of Hancock Maine is registered as a tax-exempt nonprofit (EIN: 10369079). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is the Historical Society Of The Town Of Hancock Maine a good charity?
Based on the available data, the organization operates with extremely low overhead and no paid officers, suggesting a high dedication of resources to its mission. However, its very small scale ($1,089 revenue in 2012) means its impact is likely localized and limited by its financial capacity.
What is the primary source of funding for this organization?
The 2012 filing shows $1,089 in revenue, but the specific sources are not detailed in the summary data. Given its nature, it likely relies on small donations, membership fees, or local grants.
Filing History
IRS 990 filing history for Historical Society Of The Town Of Hancock Maine showing financial trends over 1 year of public records:
In its most recent filing year (2012), Historical Society Of The Town Of Hancock Maine reported a surplus of $355, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2012 | $1K | $734 | $15K | $0 | — | View 990 |
Data Sources and Methodology
This transparency report for Historical Society Of The Town Of Hancock Maine 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.