Pejepscot Historical Society
Pejepscot Historical Society maintains stable finances and growing assets with no reported officer compensation.
EIN: 16024157 · Brunswick, ME · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.2M |
| Total Expenses | $357K |
| Program Spending | 80% |
| Net Assets | $2.0M |
| Transparency Score | 85/100 |
Is Pejepscot Historical Society Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Pejepscot Historical Society directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Pejepscot Historical Society
Pejepscot Historical Society (EIN: 16024157) is a nonprofit organization based in Brunswick, ME. The organization reported total revenue of $1.2M and total assets of $2.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Pejepscot Historical Society's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Pejepscot Historical Society is a mid-size nonprofit that has been operating for 59 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 12.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $332K |
| Total Expenses | $357K |
| Surplus / Deficit | $-25,161 |
| Total Assets | $2.0M |
| Total Liabilities | $3K |
| Net Assets | $2.0M |
| Operating Margin | -7.6% |
| Debt-to-Asset Ratio | 0.2% |
| Months of Reserves | 68.2 months |
Financial Health Grade: B
In 2023, Pejepscot Historical Society reported a deficit of $25K with expenses exceeding revenue, holds 68.2 months of operating reserves (strong position), has a debt-to-asset ratio of 0.2% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Pejepscot Historical Society's revenue has grown at a compound annual growth rate (CAGR) of 12.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -27.7% | +1.9% | +3.2% |
| 2022 | +19.7% | +16.1% | -9.6% |
| 2021 | +27.1% | +28.6% | +7.0% |
| 2020 | -39.0% | -4.0% | +8.9% |
| 2019 | +64.6% | +4.1% | +20.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2300 |
| IRS Ruling Date | 1967 |
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 Pejepscot 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Pejepscot Historical Society allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% 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 $25K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.2%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that executive leadership is either entirely volunteer or compensated through non-officer roles, which is highly favorable for donor confidence and efficient use of funds.
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 Pejepscot Historical Society's IRS 990 filings:
- Slight deficit in 2023 ($331,721 revenue vs. $356,882 expenses) after several years of surpluses, warranting monitoring.
Strengths
The following positive indicators were identified for Pejepscot Historical Society:
- Consistent asset growth, reaching over $2 million in 2023 from $1.39 million in 2015.
- Zero reported officer compensation across all filings, indicating high efficiency and transparency.
- Low liabilities, consistently under $8,000 in recent years, demonstrating strong financial management.
- Consistent filing of IRS Form 990s over 13 periods, indicating strong commitment to transparency.
Frequently Asked Questions about Pejepscot Historical Society
Is Pejepscot Historical Society a legitimate charity?
Pejepscot Historical Society (EIN: 16024157) is a registered tax-exempt nonprofit based in Maine. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $1.2M. 1 red flag identified. 4 strengths noted. Financial health grade: B.
How does Pejepscot Historical Society spend its money?
Pejepscot Historical Society directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Pejepscot Historical Society tax-deductible?
Pejepscot Historical Society is registered as a tax-exempt nonprofit (EIN: 16024157). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Pejepscot Historical Society's spending goes to programs?
Pejepscot Historical Society directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Pejepscot Historical Society located?
Pejepscot Historical Society is headquartered in Brunswick, Maine and files with the IRS under EIN 16024157.
How many years of IRS 990 filings does Pejepscot Historical Society have?
Pejepscot 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 $1.2M in total revenue.
Is Pejepscot Historical Society financially stable?
Yes, the organization appears financially stable, consistently growing its assets from $1.39 million in 2015 to over $2 million in 2023, and generally managing expenses within revenue, with low liabilities.
How does Pejepscot Historical Society manage executive compensation?
The Pejepscot Historical Society reports 0% officer compensation in all available filings, suggesting a volunteer-led executive team or compensation structured in a way that doesn't fall under 'officer compensation' on the 990, which is a strong positive for efficiency.
Has the organization's revenue been consistent?
Revenue has fluctuated, ranging from a low of $151,279 in 2015 to a high of $494,682 in 2019, but generally shows an upward trend over the long term, with the latest reported revenue at $331,721 in 2023.
Filing History
IRS 990 filing history for Pejepscot Historical Society showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Pejepscot Historical Society's revenue has grown by 296.1%, moving from $84K to $332K. Total assets increased by 50.5% over the same period, from $1.3M to $2.0M. Total functional expenses rose by 316.6%, from $86K to $357K. In its most recent filing year (2023), Pejepscot Historical Society reported a deficit of $25K, with expenses exceeding revenue. The organization holds $3K in liabilities against $2.0M in assets (debt-to-asset ratio: 0.2%), resulting in net assets of $2.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $332K | $357K | $2.0M | $3K | — | — |
| 2022 | $459K | $350K | $2.0M | $664 | — | View 990 |
| 2021 | $383K | $302K | $2.2M | $3K | — | View 990 |
| 2020 | $302K | $235K | $2.0M | $745 | — | View 990 |
| 2019 | $495K | $244K | $1.9M | $-300 | — | View 990 |
| 2018 | $300K | $235K | $1.5M | $777 | — | View 990 |
| 2017 | $226K | $202K | $1.6M | $2K | — | View 990 |
| 2016 | $227K | $191K | $1.4M | $8K | — | View 990 |
| 2015 | $151K | $236K | $1.4M | $6K | — | View 990 |
| 2014 | $293K | $276K | $1.5M | $23K | — | View 990 |
| 2013 | $264K | $214K | $1.5M | $9K | — | View 990 |
| 2012 | $296K | $238K | $1.4M | $9K | — | View 990 |
| 2011 | $84K | $86K | $1.3M | $3K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $332K, expenses of $357K, and assets of $2.0M (revenue -27.7% year-over-year).
- 2022: Revenue of $459K, expenses of $350K, and assets of $2.0M (revenue +19.7% year-over-year).
- 2021: Revenue of $383K, expenses of $302K, and assets of $2.2M (revenue +27.1% year-over-year).
- 2020: Revenue of $302K, expenses of $235K, and assets of $2.0M (revenue -39.0% year-over-year).
- 2019: Revenue of $495K, expenses of $244K, and assets of $1.9M (revenue +64.6% year-over-year).
- 2018: Revenue of $300K, expenses of $235K, and assets of $1.5M (revenue +32.9% year-over-year).
- 2017: Revenue of $226K, expenses of $202K, and assets of $1.6M (revenue -0.4% year-over-year).
- 2016: Revenue of $227K, expenses of $191K, and assets of $1.4M (revenue +50.0% year-over-year).
- 2015: Revenue of $151K, expenses of $236K, and assets of $1.4M (revenue -48.3% year-over-year).
- 2014: Revenue of $293K, expenses of $276K, and assets of $1.5M (revenue +11.0% year-over-year).
- 2013: Revenue of $264K, expenses of $214K, and assets of $1.5M (revenue -10.9% year-over-year).
- 2012: Revenue of $296K, expenses of $238K, and assets of $1.4M (revenue +253.1% year-over-year).
- 2011: Revenue of $84K, expenses of $86K, and assets of $1.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Pejepscot Historical Society:
Data Sources and Methodology
This transparency report for Pejepscot 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.