Penobscot Valley Humane Society
Penobscot Valley Humane Society sees significant revenue surge in 2022 with zero officer compensation.
EIN: 10385402 · Lincoln, ME · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $283K |
| Total Expenses | $159K |
| Program Spending | 85% |
| Net Assets | $269K |
| Transparency Score | 88/100 |
Is Penobscot Valley Humane Society Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Penobscot Valley Humane Society directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Penobscot Valley Humane Society
Penobscot Valley Humane Society (EIN: 10385402) is a nonprofit organization based in Lincoln, ME. The organization reported total revenue of $283K and total assets of $269K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Penobscot Valley Humane Society's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Penobscot Valley Humane Society is a small nonprofit that has been operating for 43 years, with 13 years of IRS 990 filings on record (2010–2022). Revenue has grown at a compound annual rate of 9.0%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $283K |
| Total Expenses | $159K |
| Surplus / Deficit | +$124K |
| Total Assets | $269K |
| Net Assets | $269K |
| Operating Margin | 43.9% |
| Months of Reserves | 20.4 months |
Financial Health Grade: A
In 2022, Penobscot Valley Humane Society reported a surplus of $124K with revenue exceeding expenses, holds 20.4 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2010–2022), Penobscot Valley Humane Society's revenue has grown at a compound annual growth rate (CAGR) of 9.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | +227.3% | +8.2% | +85.3% |
| 2021 | -55.5% | +14.0% | -29.3% |
| 2020 | +9.0% | +24.1% | +46.9% |
| 2019 | +66.7% | +6.0% | +114.2% |
| 2018 | +43.4% | +41.2% | +11.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1983 |
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 Valley Humane Society with a Mission Score of 88 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, Penobscot Valley Humane 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 (2022)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $124K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that the organization's leadership is either entirely volunteer-based or compensated through non-officer roles, 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 Penobscot Valley Humane Society:
- Significant revenue growth in 2022 ($282,599), indicating increased support.
- Zero reported liabilities across all filings, demonstrating strong financial management.
- Consistent 0% officer compensation, suggesting high efficiency and volunteer leadership.
- Healthy asset growth to $269,154, providing a solid financial foundation.
- Consistent IRS 990 filing history (13 filings), indicating good transparency.
Frequently Asked Questions about Penobscot Valley Humane Society
Is Penobscot Valley Humane Society a legitimate charity?
Based on AI analysis of IRS 990 filings, Penobscot Valley Humane Society (EIN: 10385402) appears legitimate. Mission Score: 88/100. 0 red flags identified, 5 strengths noted.
How does Penobscot Valley Humane Society spend its money?
Penobscot Valley Humane Society directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Penobscot Valley Humane Society tax-deductible?
Penobscot Valley Humane Society is registered as a tax-exempt nonprofit (EIN: 10385402). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Penobscot Valley Humane Society's spending goes to programs?
Penobscot Valley Humane Society directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Penobscot Valley Humane Society located?
Penobscot Valley Humane Society is headquartered in Lincoln, Maine and files with the IRS under EIN 10385402.
How many years of IRS 990 filings does Penobscot Valley Humane Society have?
Penobscot Valley Humane 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 $283K in total revenue.
Is Penobscot Valley Humane Society a good charity?
Based on the provided financial data, the Penobscot Valley Humane Society appears to be a good charity. It demonstrates strong financial health, especially with its significant revenue increase in 2022 ($282,599) and no reported liabilities. The consistent 0% officer compensation is a strong indicator of efficiency and dedication to its mission.
How has the organization's revenue trended over time?
The organization's revenue has shown a generally upward trend, with a significant spike in the latest period (2022) to $282,599. Prior to that, revenue fluctuated but generally increased from $69,191 in 2014 to $194,252 in 2020, with a dip in 2021 to $86,346 before the 2022 surge.
What is the organization's asset position?
The organization's assets have grown steadily, reaching $269,154 in 2022. This growth, coupled with $0 in liabilities, indicates a very strong and healthy balance sheet.
Filing History
IRS 990 filing history for Penobscot Valley Humane Society showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2010–2022), Penobscot Valley Humane Society's revenue has grown by 179.7%, moving from $101K to $283K. Total assets increased by 382.5% over the same period, from $56K to $269K. Total functional expenses rose by 111.4%, from $75K to $159K. In its most recent filing year (2022), Penobscot Valley Humane Society reported a surplus of $124K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $283K | $159K | $269K | $0 | — | View 990 |
| 2021 | $86K | $147K | $145K | $0 | — | View 990 |
| 2020 | $194K | $129K | $205K | $0 | — | View 990 |
| 2019 | $178K | $104K | $140K | $0 | — | View 990 |
| 2018 | $107K | $98K | $65K | $0 | — | View 990 |
| 2017 | $75K | $69K | $59K | $0 | — | View 990 |
| 2016 | $91K | $92K | $53K | $0 | — | View 990 |
| 2015 | $77K | $76K | $55K | $0 | — | View 990 |
| 2014 | $69K | $67K | $54K | $0 | — | View 990 |
| 2013 | $73K | $69K | $52K | $0 | — | View 990 |
| 2012 | $74K | $71K | $47K | $0 | — | View 990 |
| 2011 | $69K | $79K | $46K | $0 | — | View 990 |
| 2010 | $101K | $75K | $56K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $283K, expenses of $159K, and assets of $269K (revenue +227.3% year-over-year).
- 2021: Revenue of $86K, expenses of $147K, and assets of $145K (revenue -55.5% year-over-year).
- 2020: Revenue of $194K, expenses of $129K, and assets of $205K (revenue +9.0% year-over-year).
- 2019: Revenue of $178K, expenses of $104K, and assets of $140K (revenue +66.7% year-over-year).
- 2018: Revenue of $107K, expenses of $98K, and assets of $65K (revenue +43.4% year-over-year).
- 2017: Revenue of $75K, expenses of $69K, and assets of $59K (revenue -17.9% year-over-year).
- 2016: Revenue of $91K, expenses of $92K, and assets of $53K (revenue +17.8% year-over-year).
- 2015: Revenue of $77K, expenses of $76K, and assets of $55K (revenue +11.4% year-over-year).
- 2014: Revenue of $69K, expenses of $67K, and assets of $54K (revenue -5.2% year-over-year).
- 2013: Revenue of $73K, expenses of $69K, and assets of $52K (revenue -1.9% year-over-year).
- 2012: Revenue of $74K, expenses of $71K, and assets of $47K (revenue +7.3% year-over-year).
- 2011: Revenue of $69K, expenses of $79K, and assets of $46K (revenue -31.4% year-over-year).
- 2010: Revenue of $101K, expenses of $75K, and assets of $56K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Penobscot Valley Humane Society:
Data Sources and Methodology
This transparency report for Penobscot Valley Humane 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.