Olde Mill Foundation
Olde Mill Foundation consistently operates with no officer compensation and strong program spending.
EIN: 200809557 · Uppr Marlboro, MD · NTEE: S20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $587K |
| Total Expenses | $163K |
| Program Spending | 90% |
| Net Assets | $431K |
| Transparency Score | 92/100 |
Is Olde Mill Foundation Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Olde Mill Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Olde Mill Foundation
Olde Mill Foundation (EIN: 200809557) is a nonprofit organization based in Uppr Marlboro, MD, classified under NTEE code S20. The organization reported total revenue of $587K and total assets of $753K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Olde Mill Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Olde Mill Foundation is a small nonprofit that has been operating for 22 years, with 11 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 9.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $345K |
| Total Expenses | $163K |
| Surplus / Deficit | +$182K |
| Total Assets | $431K |
| Net Assets | $431K |
| Operating Margin | 52.7% |
| Months of Reserves | 31.7 months |
Financial Health Grade: A
In 2023, Olde Mill Foundation reported a surplus of $182K with revenue exceeding expenses, holds 31.7 months of operating reserves (strong position).
Financial Trends
Over 11 years of filings (2011–2023), Olde Mill Foundation's revenue has grown at a compound annual growth rate (CAGR) of 9.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +444.3% | +159.6% | +21.5% |
| 2020 | -4.9% | +26.8% | +0.2% |
| 2019 | +25.1% | +9.1% | +5.1% |
| 2018 | +13.5% | +11.0% | +2.4% |
| 2017 | -25.5% | -53.4% | +1.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| 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 Olde Mill Foundation with a Mission Score of 92 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, Olde Mill Foundation 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 surplus of $182K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is consistently reported at 0% across all available filings, indicating that the organization's leadership is either entirely volunteer-based or compensated through other means not classified as officer compensation, which is highly efficient for an organization of its size.
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.
Strengths
The following positive indicators were identified for Olde Mill Foundation:
- Consistent 0% officer compensation across all filings
- Strong program spending ratio (estimated 90%)
- Consistent growth in assets, reaching $431,259 in 202312
- Minimal to zero liabilities reported in most periods
- Significant revenue growth in the latest filing period (202312)
Frequently Asked Questions about Olde Mill Foundation
Is Olde Mill Foundation a legitimate charity?
Olde Mill Foundation (EIN: 200809557) is a registered tax-exempt nonprofit based in Maryland. Our AI analysis gives it a Mission Score of 92/100. It has 11 years of IRS 990 filings on record. Total revenue: $587K. No red flags identified. 5 strengths noted. Financial health grade: A.
How does Olde Mill Foundation spend its money?
Olde Mill Foundation directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Olde Mill Foundation tax-deductible?
Olde Mill Foundation is registered as a tax-exempt nonprofit (EIN: 200809557). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Olde Mill Foundation compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Olde Mill Foundation is above average for NTEE category S20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Olde Mill Foundation located?
Olde Mill Foundation is headquartered in Uppr Marlboro, Maryland and files with the IRS under EIN 200809557. It is classified under NTEE code S20.
How many years of IRS 990 filings does Olde Mill Foundation have?
Olde Mill Foundation has 11 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 $587K in total revenue.
Is Olde Mill Foundation a good charity?
Based on its financial filings, Olde Mill Foundation appears to be a good charity, demonstrating strong financial health, efficient spending with no officer compensation, and a clear focus on its mission through high program spending.
How has Olde Mill Foundation's revenue changed over time?
Olde Mill Foundation's revenue has shown significant growth, particularly in the latest period (202312) where it reached $344,905, a substantial increase from previous years which typically ranged from $40,000 to $85,000.
What is Olde Mill Foundation's approach to executive compensation?
Olde Mill Foundation consistently reports 0% officer compensation across all its IRS 990 filings, indicating a highly efficient and potentially volunteer-led executive structure.
Filing History
IRS 990 filing history for Olde Mill Foundation showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2011–2023), Olde Mill Foundation's revenue has grown by 207.3%, moving from $112K to $345K. Total assets increased by 36.9% over the same period, from $315K to $431K. Total functional expenses rose by 7.2%, from $152K to $163K. In its most recent filing year (2023), Olde Mill Foundation reported a surplus of $182K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $345K | $163K | $431K | $0 | — | — |
| 2020 | $63K | $63K | $355K | $0 | — | View 990 |
| 2019 | $67K | $50K | $354K | $0 | — | View 990 |
| 2018 | $53K | $45K | $337K | $0 | — | View 990 |
| 2017 | $47K | $41K | $329K | $0 | — | — |
| 2016 | $63K | $88K | $323K | $0 | — | View 990 |
| 2015 | $82K | $60K | $348K | $0 | — | View 990 |
| 2014 | $79K | $70K | $327K | $0 | — | View 990 |
| 2013 | $41K | $38K | $322K | $4K | — | View 990 |
| 2012 | $86K | $81K | $319K | $4K | — | View 990 |
| 2011 | $112K | $152K | $315K | $5K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $345K, expenses of $163K, and assets of $431K (revenue +444.3% year-over-year).
- 2020: Revenue of $63K, expenses of $63K, and assets of $355K (revenue -4.9% year-over-year).
- 2019: Revenue of $67K, expenses of $50K, and assets of $354K (revenue +25.1% year-over-year).
- 2018: Revenue of $53K, expenses of $45K, and assets of $337K (revenue +13.5% year-over-year).
- 2017: Revenue of $47K, expenses of $41K, and assets of $329K (revenue -25.5% year-over-year).
- 2016: Revenue of $63K, expenses of $88K, and assets of $323K (revenue -23.0% year-over-year).
- 2015: Revenue of $82K, expenses of $60K, and assets of $348K (revenue +2.9% year-over-year).
- 2014: Revenue of $79K, expenses of $70K, and assets of $327K (revenue +94.4% year-over-year).
- 2013: Revenue of $41K, expenses of $38K, and assets of $322K (revenue -52.4% year-over-year).
- 2012: Revenue of $86K, expenses of $81K, and assets of $319K (revenue -23.5% year-over-year).
- 2011: Revenue of $112K, expenses of $152K, and assets of $315K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Olde Mill Foundation:
Data Sources and Methodology
This transparency report for Olde Mill Foundation 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.