Old Berwick Historical Society
Old Berwick Historical Society maintains stable assets despite fluctuating revenues and operational deficits in recent years.
EIN: 10360460 · South Berwick, ME · NTEE: A80Z · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $62K |
| Total Expenses | $71K |
| Program Spending | 85% |
| CEO/Top Officer Pay | $100,000. |
| Net Assets | $452K |
| Transparency Score | 85/100 |
Is Old Berwick Historical Society Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Old Berwick Historical Society directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Old Berwick Historical Society
Old Berwick Historical Society (EIN: 10360460) is a nonprofit organization based in South Berwick, ME, classified under NTEE code A80Z. The organization reported total revenue of $62K and total assets of $470K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Old Berwick Historical Society's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Old Berwick Historical Society is a micro nonprofit that has been operating for 29 years, with 13 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of -0.7%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $32K |
| Total Expenses | $71K |
| Surplus / Deficit | $-39,845 |
| Total Assets | $452K |
| Net Assets | $452K |
| Operating Margin | -126.5% |
| Months of Reserves | 75.9 months |
Financial Health Grade: B
In 2024, Old Berwick Historical Society reported a deficit of $40K with expenses exceeding revenue, holds 75.9 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2012–2024), Old Berwick Historical Society's revenue has declined at a compound annual growth rate (CAGR) of -0.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -66.5% | -5.7% | -5.4% |
| 2023 | +128.1% | +6.1% | -1.1% |
| 2022 | -60.0% | +44.4% | -3.6% |
| 2021 | +112.2% | -15.6% | +24.1% |
| 2020 | -34.7% | -36.4% | -2.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1997 |
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 Old Berwick 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: 85%
- fundraising: 5%
According to IRS 990 filings, Old Berwick Historical Society allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $40K, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all filings, indicating a volunteer-led organization. This significantly reduces administrative overhead and allows more resources to be directed towards the organization's mission, especially for an organization of its size with annual revenues typically under $100,000.
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 Old Berwick Historical Society's IRS 990 filings:
- Frequent operational deficits where expenses exceed revenue (e.g., 2024: $71,354 expenses vs. $31,509 revenue; 2022: $71,298 expenses vs. $41,290 revenue), which could strain reserves if persistent.
Strengths
The following positive indicators were identified for Old Berwick Historical Society:
- Zero liabilities across all reported periods, indicating strong financial health and no debt burden.
- Consistent 0% officer compensation, demonstrating a volunteer-driven leadership and efficient use of funds.
- Stable asset base (e.g., $469,683 latest assets) providing a solid financial foundation despite revenue fluctuations.
- Long history of IRS 990 filings (13 filings), indicating transparency and consistent compliance.
Frequently Asked Questions about Old Berwick Historical Society
Is Old Berwick Historical Society a legitimate charity?
Based on AI analysis of IRS 990 filings, Old Berwick Historical Society (EIN: 10360460) some concerns. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
How does Old Berwick Historical Society spend its money?
Old Berwick Historical Society directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Old Berwick Historical Society tax-deductible?
Old Berwick Historical Society is registered as a tax-exempt nonprofit (EIN: 10360460). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Old Berwick Historical Society CEO make?
Old Berwick Historical Society's highest-compensated officer earns $100,000. annually. The organization reported $62K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Old Berwick Historical Society's spending goes to programs?
Old Berwick Historical Society directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Old Berwick Historical Society compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Old Berwick Historical Society is above average for NTEE category A80Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Old Berwick Historical Society located?
Old Berwick Historical Society is headquartered in South Berwick, Maine and files with the IRS under EIN 10360460. It is classified under NTEE code A80Z.
How many years of IRS 990 filings does Old Berwick Historical Society have?
Old Berwick 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 $62K in total revenue.
Is Old Berwick Historical Society a good charity?
Based on the provided data, the Old Berwick Historical Society appears to be a well-managed charity, particularly due to its consistent lack of liabilities, stable asset base, and volunteer-driven leadership (0% officer compensation). While it experiences revenue fluctuations and occasional operational deficits, its long-term financial stability and mission focus are positive indicators.
How does the organization manage its finances given fluctuating revenues?
The organization manages fluctuating revenues by maintaining a stable asset base (e.g., $469,683 in latest assets) and operating without liabilities. This suggests a reliance on reserves built during higher revenue years (like 2021 with $103,258 revenue) to cover expenses during leaner periods (like 2024 with $31,509 revenue against $71,354 expenses).
What is the trend in the organization's assets?
The organization's assets have remained relatively stable over the past decade, generally fluctuating between $400,000 and $500,000. For example, assets were $403,710 in 2020 and $451,528 in 2024, indicating a consistent financial foundation.
Filing History
IRS 990 filing history for Old Berwick Historical Society showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2024), Old Berwick Historical Society's revenue has declined by 8.1%, moving from $34K to $32K. Total assets increased by 10.7% over the same period, from $408K to $452K. Total functional expenses rose by 93.6%, from $37K to $71K. In its most recent filing year (2024), Old Berwick Historical Society reported a deficit of $40K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $32K | $71K | $452K | $0 | — | — |
| 2023 | $94K | $76K | $477K | $0 | — | View 990 |
| 2022 | $41K | $71K | $483K | $0 | — | View 990 |
| 2021 | $103K | $49K | $501K | $0 | — | — |
| 2020 | $49K | $59K | $404K | $0 | — | View 990 |
| 2019 | $75K | $92K | $414K | $0 | — | View 990 |
| 2018 | $55K | $84K | $431K | $0 | — | View 990 |
| 2017 | $102K | $87K | $459K | $0 | — | View 990 |
| 2016 | $60K | $70K | $444K | $0 | — | View 990 |
| 2015 | $40K | $48K | $454K | $0 | — | View 990 |
| 2014 | $64K | $63K | $463K | $0 | — | View 990 |
| 2013 | $109K | $55K | $462K | $0 | — | View 990 |
| 2012 | $34K | $37K | $408K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $32K, expenses of $71K, and assets of $452K (revenue -66.5% year-over-year).
- 2023: Revenue of $94K, expenses of $76K, and assets of $477K (revenue +128.1% year-over-year).
- 2022: Revenue of $41K, expenses of $71K, and assets of $483K (revenue -60.0% year-over-year).
- 2021: Revenue of $103K, expenses of $49K, and assets of $501K (revenue +112.2% year-over-year).
- 2020: Revenue of $49K, expenses of $59K, and assets of $404K (revenue -34.7% year-over-year).
- 2019: Revenue of $75K, expenses of $92K, and assets of $414K (revenue +34.4% year-over-year).
- 2018: Revenue of $55K, expenses of $84K, and assets of $431K (revenue -45.6% year-over-year).
- 2017: Revenue of $102K, expenses of $87K, and assets of $459K (revenue +70.8% year-over-year).
- 2016: Revenue of $60K, expenses of $70K, and assets of $444K (revenue +51.0% year-over-year).
- 2015: Revenue of $40K, expenses of $48K, and assets of $454K (revenue -38.1% year-over-year).
- 2014: Revenue of $64K, expenses of $63K, and assets of $463K (revenue -41.1% year-over-year).
- 2013: Revenue of $109K, expenses of $55K, and assets of $462K (revenue +216.9% year-over-year).
- 2012: Revenue of $34K, expenses of $37K, and assets of $408K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Old Berwick Historical Society:
Data Sources and Methodology
This transparency report for Old Berwick 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.