Old Walpole Meeting House
Old Walpole Meeting House operated with a small deficit in 2012, relying on its asset base with no reported officer compensation.
EIN: 10530528 · Wiscasset, ME · NTEE: A80 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Expenses | $3K |
| Program Spending | 90% |
| Net Assets | $68K |
| Transparency Score | 85/100 |
Is Old Walpole Meeting House Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Old Walpole Meeting House directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Old Walpole Meeting House
Old Walpole Meeting House (EIN: 10530528) is a nonprofit organization based in Wiscasset, 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 Old Walpole Meeting House's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Old Walpole Meeting House is a micro nonprofit that has been operating for 22 years.
Key Financial Metrics (2012)
From the most recent IRS 990 filing on record:
| Total Revenue | $3K |
| Total Expenses | $3K |
| Surplus / Deficit | $-183 |
| Total Assets | $68K |
| Net Assets | $68K |
| Operating Margin | -6.0% |
| Months of Reserves | 249.0 months |
Financial Health Grade: B
In 2012, Old Walpole Meeting House reported a deficit of $183 with expenses exceeding revenue, holds 249.0 months of operating reserves (strong position).
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2004 |
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 Walpole Meeting House 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, Old Walpole Meeting House 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 (2012)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $183, with expenses exceeding revenue.
Executive Compensation Analysis
No officer compensation was reported in the 2012 filing, indicating a volunteer-led organization, which is appropriate given its small size and revenue.
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 Walpole Meeting House's IRS 990 filings:
- Lack of recent financial data makes current assessment difficult
- Current reported $0 revenue and assets may indicate inactivity
Strengths
The following positive indicators were identified for Old Walpole Meeting House:
- No reported officer compensation, indicating volunteer leadership
- Low overhead based on available data
- No reported liabilities in 2012
Frequently Asked Questions about Old Walpole Meeting House
Is Old Walpole Meeting House a legitimate charity?
Based on AI analysis of IRS 990 filings, Old Walpole Meeting House (EIN: 10530528) some concerns. Mission Score: 85/100. 2 red flags identified, 3 strengths noted.
How does Old Walpole Meeting House spend its money?
Old Walpole Meeting House directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Old Walpole Meeting House tax-deductible?
Old Walpole Meeting House is registered as a tax-exempt nonprofit (EIN: 10530528). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Old Walpole Meeting House compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Old Walpole Meeting House 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 Old Walpole Meeting House located?
Old Walpole Meeting House is headquartered in Wiscasset, Maine and files with the IRS under EIN 10530528. It is classified under NTEE code A80.
Is Old Walpole Meeting House still active?
The most recent data shows $0 in revenue and assets, which could indicate inactivity or a significant change since its 2012 filing. Further investigation would be needed to confirm its current operational status.
How does Old Walpole Meeting House fund its operations?
Based on the 2012 filing, the organization had $3,075 in revenue and $67,600 in assets. With no liabilities and no officer compensation, it likely relies on small donations, grants, or income from its assets to cover its modest expenses.
Filing History
IRS 990 filing history for Old Walpole Meeting House showing financial trends over 1 year of public records:
In its most recent filing year (2012), Old Walpole Meeting House reported a deficit of $183, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2012 | $3K | $3K | $68K | $0 | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Old Walpole Meeting House:
Data Sources and Methodology
This transparency report for Old Walpole Meeting House 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.