Island Falls Historical Society
Island Falls Historical Society reports no revenue or assets, indicating a volunteer-driven, minimal financial operation.
EIN: 10461676 · Island Falls, ME · NTEE: A80 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Program Spending | 100% |
| Transparency Score | 70/100 |
Is Island Falls Historical Society Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Island Falls Historical Society directs 100% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Island Falls Historical Society
Island Falls Historical Society (EIN: 10461676) is a nonprofit organization based in Island Falls, ME, classified under NTEE code A80. 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 Island Falls Historical Society's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2014 |
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 Island Falls Historical Society with a Mission Score of 70 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: 0%
- programs: 100%
- fundraising: 0%
According to IRS 990 filings, Island Falls Historical Society allocates its expenses as follows: admin: 0%, programs: 100%, fundraising: 0%. With 100% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Given the reported zero revenue and zero assets, it is highly probable that there is no paid executive compensation, aligning with a volunteer-led operational model.
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 Island Falls Historical Society's IRS 990 filings:
- Zero reported revenue and assets, which could indicate very limited operational capacity or reliance on unreported informal funding.
Strengths
The following positive indicators were identified for Island Falls Historical Society:
- Likely very low overhead due to zero reported expenses, suggesting high efficiency in resource utilization (primarily volunteer labor).
- Strong indication of direct program focus, as there are no funds being diverted to administrative or fundraising costs.
- Community-driven and volunteer-centric model, fostering local engagement.
Frequently Asked Questions about Island Falls Historical Society
Is Island Falls Historical Society a legitimate charity?
Based on AI analysis of IRS 990 filings, Island Falls Historical Society (EIN: 10461676) some concerns. Mission Score: 70/100. 1 red flag identified, 3 strengths noted.
How does Island Falls Historical Society spend its money?
Island Falls Historical Society directs 100% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Island Falls Historical Society tax-deductible?
Island Falls Historical Society is registered as a tax-exempt nonprofit (EIN: 10461676). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Island Falls Historical Society compare to similar nonprofits?
With a transparency score of 70/100 (Good), Island Falls Historical Society is above average for NTEE category A80 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Island Falls Historical Society located?
Island Falls Historical Society is headquartered in Island Falls, Maine and files with the IRS under EIN 10461676. It is classified under NTEE code A80.
Is Island Falls Historical Society a good charity?
Based on the IRS 990 data showing $0 revenue and $0 assets, the organization operates on a very small, likely volunteer-only basis. This suggests a high dedication to its mission without significant financial overhead, making it 'good' in terms of direct mission focus and lack of financial waste, though its impact is limited by its size.
How does Island Falls Historical Society fund its operations?
With $0 reported revenue, the organization likely funds its operations through in-kind donations, volunteer labor, and potentially very small cash donations that do not meet IRS reporting thresholds for revenue, or through community support not reflected in the 990-EZ.
What is the financial risk associated with donating to Island Falls Historical Society?
The financial risk is minimal in terms of mismanagement, as there are no significant funds to mismanage. However, any donation would likely go directly to program activities or very minor operational costs, given the $0 revenue and assets.
Data Sources and Methodology
This transparency report for Island Falls Historical Society 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.