Nobleboro Historical Society
Nobleboro Historical Society shows consistent asset growth and volunteer leadership with fluctuating revenues.
EIN: 10360177 · Nobleboro, ME · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $71K |
| Total Expenses | $68K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $71,370 |
| Net Assets | $207K |
| Transparency Score | 85/100 |
Is Nobleboro Historical Society Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Nobleboro Historical Society directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Nobleboro Historical Society
Nobleboro Historical Society (EIN: 10360177) is a nonprofit organization based in Nobleboro, ME. The organization reported total revenue of $71K and total assets of $217K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Nobleboro Historical Society's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Nobleboro Historical Society is a micro nonprofit that has been operating for 47 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -4.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $65K |
| Total Expenses | $68K |
| Surplus / Deficit | $-2,793 |
| Total Assets | $207K |
| Total Liabilities | $65 |
| Net Assets | $207K |
| Operating Margin | -4.3% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 36.4 months |
Financial Health Grade: B
In 2023, Nobleboro Historical Society reported a deficit of $3K with expenses exceeding revenue, holds 36.4 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Nobleboro Historical Society's revenue has declined at a compound annual growth rate (CAGR) of -4.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +55.4% | +299.2% | +1.3% |
| 2022 | +77.4% | +152.4% | +9.7% |
| 2021 | -9.4% | -26.5% | +78.8% |
| 2020 | -24.6% | -75.5% | +22.8% |
| 2019 | -10.2% | +35.8% | +9.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1979 |
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 Nobleboro Historical Society with a Mission Score of 85 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: 90%
- fundraising: 0%
According to IRS 990 filings, Nobleboro Historical Society 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.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $3K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all filings, indicating a fully volunteer-led organization, which is highly commendable for a nonprofit of its size ($71,370 latest revenue, $217,231 assets).
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 Nobleboro Historical Society's IRS 990 filings:
- NTEE Code is unknown, limiting sector-specific comparative analysis.
Strengths
The following positive indicators were identified for Nobleboro Historical Society:
- Consistent asset growth, from $56,663 in 2014 to $207,136 in 2023.
- Zero officer compensation, indicating a volunteer-driven model and efficient use of funds.
- Very low liabilities across all reported periods, suggesting sound financial management.
- Long history of public IRS 990 filings (13 filings), demonstrating transparency.
Frequently Asked Questions about Nobleboro Historical Society
Is Nobleboro Historical Society a legitimate charity?
Based on AI analysis of IRS 990 filings, Nobleboro Historical Society (EIN: 10360177) some concerns. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
How does Nobleboro Historical Society spend its money?
Nobleboro Historical Society directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Nobleboro Historical Society tax-deductible?
Nobleboro Historical Society is registered as a tax-exempt nonprofit (EIN: 10360177). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Nobleboro Historical Society CEO make?
Nobleboro Historical Society's highest-compensated officer earns $71,370 annually. The organization reported $71K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
Where is Nobleboro Historical Society located?
Nobleboro Historical Society is headquartered in Nobleboro, Maine and files with the IRS under EIN 10360177.
How many years of IRS 990 filings does Nobleboro Historical Society have?
Nobleboro Historical Society 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 $71K in total revenue.
Is Nobleboro Historical Society financially stable?
Yes, the organization appears financially stable, with assets growing from $56,663 in 2014 to $207,136 in 2023, and consistently low liabilities (e.g., $65 in 2023).
Does Nobleboro Historical Society pay its officers?
No, the IRS 990 filings consistently report 0% officer compensation, indicating a volunteer-led organization.
How has the organization's revenue trended?
Revenue has fluctuated, with a high of $170,039 in 2014, a low of $6,772 in 2021, and a recent revenue of $65,446 in 2023.
Filing History
IRS 990 filing history for Nobleboro Historical Society showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Nobleboro Historical Society's revenue has declined by 41.6%, moving from $112K to $65K. Total assets increased by 127.8% over the same period, from $91K to $207K. Total functional expenses fell by 16%, from $81K to $68K. In its most recent filing year (2023), Nobleboro Historical Society reported a deficit of $3K, with expenses exceeding revenue. The organization holds $65 in liabilities against $207K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $207K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $65K | $68K | $207K | $65 | — | View 990 |
| 2022 | $42K | $17K | $205K | $43 | — | View 990 |
| 2021 | $24K | $7K | $187K | $18 | — | View 990 |
| 2020 | $26K | $9K | $104K | $0 | — | View 990 |
| 2019 | $35K | $38K | $85K | $0 | — | View 990 |
| 2018 | $39K | $28K | $77K | $0 | — | — |
| 2017 | $33K | $35K | $66K | $0 | — | View 990 |
| 2016 | $38K | $43K | $63K | $0 | — | View 990 |
| 2015 | $26K | $15K | $68K | $0 | — | View 990 |
| 2014 | $170K | $176K | $57K | $0 | — | View 990 |
| 2013 | $191K | $176K | $63K | $0 | — | View 990 |
| 2012 | $156K | $198K | $49K | $0 | — | View 990 |
| 2011 | $112K | $81K | $91K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $65K, expenses of $68K, and assets of $207K (revenue +55.4% year-over-year).
- 2022: Revenue of $42K, expenses of $17K, and assets of $205K (revenue +77.4% year-over-year).
- 2021: Revenue of $24K, expenses of $7K, and assets of $187K (revenue -9.4% year-over-year).
- 2020: Revenue of $26K, expenses of $9K, and assets of $104K (revenue -24.6% year-over-year).
- 2019: Revenue of $35K, expenses of $38K, and assets of $85K (revenue -10.2% year-over-year).
- 2018: Revenue of $39K, expenses of $28K, and assets of $77K (revenue +16.1% year-over-year).
- 2017: Revenue of $33K, expenses of $35K, and assets of $66K (revenue -11.5% year-over-year).
- 2016: Revenue of $38K, expenses of $43K, and assets of $63K (revenue +45.7% year-over-year).
- 2015: Revenue of $26K, expenses of $15K, and assets of $68K (revenue -84.8% year-over-year).
- 2014: Revenue of $170K, expenses of $176K, and assets of $57K (revenue -10.8% year-over-year).
- 2013: Revenue of $191K, expenses of $176K, and assets of $63K (revenue +22.1% year-over-year).
- 2012: Revenue of $156K, expenses of $198K, and assets of $49K (revenue +39.4% year-over-year).
- 2011: Revenue of $112K, expenses of $81K, and assets of $91K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Nobleboro Historical Society:
Data Sources and Methodology
This transparency report for Nobleboro 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.