New London Heritage Historical Society Inc
EIN: 391292274 · New London, WI
| Metric | Value |
|---|---|
| Total Revenue | $173K |
| Total Expenses | $124K |
| Net Assets | $2.8M |
Is New London Heritage Historical Society Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About New London Heritage Historical Society Inc
New London Heritage Historical Society Inc (EIN: 391292274) is a nonprofit organization based in New London, WI. The organization reported total revenue of $173K and total assets of $3.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of New London Heritage Historical Society Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
New London Heritage Historical Society Inc is a small nonprofit that has been operating for 48 years, with 8 years of IRS 990 filings on record (2016–2023). Revenue has grown at a compound annual rate of -42.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $47K |
| Total Expenses | $124K |
| Surplus / Deficit | $-77,279 |
| Total Assets | $2.8M |
| Net Assets | $2.8M |
| Operating Margin | -165.7% |
| Months of Reserves | 270.9 months |
Financial Health Grade: B
In 2023, New London Heritage Historical Society Inc reported a deficit of $77K with expenses exceeding revenue, holds 270.9 months of operating reserves (strong position).
Financial Trends
Over 8 years of filings (2016–2023), New London Heritage Historical Society Inc's revenue has declined at a compound annual growth rate (CAGR) of -42.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -34.9% | +38.9% | +3.9% |
| 2022 | +24.8% | -6.1% | -12.8% |
| 2021 | +59.4% | -0.8% | +6.9% |
| 2020 | -89.9% | +9.0% | +3.0% |
| 2019 | +176.4% | +1.6% | +10.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1978 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for New London Heritage Historical Society 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 New London Heritage Historical Society 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 $77K, with expenses exceeding revenue.
Frequently Asked Questions about New London Heritage Historical Society Inc
Is New London Heritage Historical Society Inc a legitimate charity?
New London Heritage Historical Society Inc (EIN: 391292274) is a registered tax-exempt nonprofit based in Wisconsin. It has 8 years of IRS 990 filings on record. Total revenue: $173K. No red flags identified. Financial health grade: B.
How does New London Heritage Historical Society Inc spend its money?
New London Heritage Historical Society Inc reported $173K in total revenue in IRS 990 filings. 8 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to New London Heritage Historical Society Inc tax-deductible?
New London Heritage Historical Society Inc is registered as a tax-exempt nonprofit (EIN: 391292274). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is New London Heritage Historical Society Inc located?
New London Heritage Historical Society Inc is headquartered in New London, Wisconsin and files with the IRS under EIN 391292274.
How many years of IRS 990 filings does New London Heritage Historical Society Inc have?
New London Heritage Historical Society Inc has 8 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 $173K in total revenue.
Filing History
IRS 990 filing history for New London Heritage Historical Society Inc showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2016–2023), New London Heritage Historical Society Inc's revenue has declined by 97.9%, moving from $2.3M to $47K. Total assets increased by 13.4% over the same period, from $2.5M to $2.8M. Total functional expenses rose by 183.8%, from $44K to $124K. In its most recent filing year (2023), New London Heritage Historical Society Inc reported a deficit of $77K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $47K | $124K | $2.8M | $0 | — | — |
| 2022 | $72K | $89K | $2.7M | $0 | — | View 990 |
| 2021 | $57K | $95K | $3.1M | $0 | — | View 990 |
| 2020 | $36K | $96K | $2.9M | $0 | — | View 990 |
| 2019 | $356K | $88K | $2.8M | $0 | — | View 990 |
| 2018 | $129K | $87K | $2.5M | $0 | — | View 990 |
| 2017 | $100K | $77K | $2.5M | $0 | — | View 990 |
| 2016 | $2.3M | $44K | $2.5M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $47K, expenses of $124K, and assets of $2.8M (revenue -34.9% year-over-year).
- 2022: Revenue of $72K, expenses of $89K, and assets of $2.7M (revenue +24.8% year-over-year).
- 2021: Revenue of $57K, expenses of $95K, and assets of $3.1M (revenue +59.4% year-over-year).
- 2020: Revenue of $36K, expenses of $96K, and assets of $2.9M (revenue -89.9% year-over-year).
- 2019: Revenue of $356K, expenses of $88K, and assets of $2.8M (revenue +176.4% year-over-year).
- 2018: Revenue of $129K, expenses of $87K, and assets of $2.5M (revenue +28.1% year-over-year).
- 2017: Revenue of $100K, expenses of $77K, and assets of $2.5M (revenue -95.5% year-over-year).
- 2016: Revenue of $2.3M, expenses of $44K, and assets of $2.5M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for New London Heritage Historical Society Inc:
Data Sources and Methodology
This transparency report for New London Heritage Historical Society 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.