Penobscot Mineral And Lapidary Club
Penobscot Mineral And Lapidary Club reports no revenue or assets in latest filing.
EIN: 201124381 · Orono, ME · NTEE: B01 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Program Spending | 100% |
| CEO/Top Officer Pay | $0 |
| Transparency Score | 60/100 |
Is Penobscot Mineral And Lapidary Club Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Penobscot Mineral And Lapidary Club directs 100% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Penobscot Mineral And Lapidary Club
Penobscot Mineral And Lapidary Club (EIN: 201124381) is a nonprofit organization based in Orono, ME, classified under NTEE code B01. 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 Penobscot Mineral And Lapidary Club's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2017 |
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 Penobscot Mineral And Lapidary Club with a Mission Score of 60 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 0%
- programs: 100%
- fundraising: 0%
According to IRS 990 filings, Penobscot Mineral And Lapidary Club allocates its expenses as follows: admin: 0%, programs: 100%, fundraising: 0%. With 100% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
No executive compensation was reported, which is typical for an organization with $0 in revenue and assets, suggesting a volunteer leadership structure.
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 Penobscot Mineral And Lapidary Club's IRS 990 filings:
- Lack of reported financial activity makes financial health assessment impossible
Strengths
The following positive indicators were identified for Penobscot Mineral And Lapidary Club:
- No reported executive compensation, indicating volunteer leadership
- Likely very low overhead given $0 revenue and assets
Frequently Asked Questions about Penobscot Mineral And Lapidary Club
Is Penobscot Mineral And Lapidary Club a legitimate charity?
Based on AI analysis of IRS 990 filings, Penobscot Mineral And Lapidary Club (EIN: 201124381) some concerns. Mission Score: 60/100. 1 red flag identified, 2 strengths noted.
How does Penobscot Mineral And Lapidary Club spend its money?
Penobscot Mineral And Lapidary Club directs 100% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Penobscot Mineral And Lapidary Club tax-deductible?
Penobscot Mineral And Lapidary Club is registered as a tax-exempt nonprofit (EIN: 201124381). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Penobscot Mineral And Lapidary Club CEO make?
Penobscot Mineral And Lapidary Club's highest-compensated officer earns $0 annually. Executive compensation data is disclosed in IRS 990 filings.
How does Penobscot Mineral And Lapidary Club compare to similar nonprofits?
With a transparency score of 60/100 (Good), Penobscot Mineral And Lapidary Club is above average for NTEE category B01 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Penobscot Mineral And Lapidary Club located?
Penobscot Mineral And Lapidary Club is headquartered in Orono, Maine and files with the IRS under EIN 201124381. It is classified under NTEE code B01.
Is Penobscot Mineral And Lapidary Club a good charity?
Based on the available IRS 990 data showing $0 in revenue and assets, it's difficult to assess its 'goodness' as a charity in traditional financial terms. It appears to be a very small, likely volunteer-led club with minimal financial activity, focusing on its mission without significant financial overhead.
How does the club fund its activities?
The IRS 990 data does not provide information on how the club funds its activities, as it reports $0 in revenue. It's possible it operates on a cash basis not fully captured by the filing, relies on in-kind donations, or is entirely volunteer-driven with members covering direct costs.
Data Sources and Methodology
This transparency report for Penobscot Mineral And Lapidary Club 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.