Phippsburg Historical Society Inc
Phippsburg Historical Society reported no expenses in its last available filing, with zero current revenue and assets.
EIN: 16018958 · Phippsburg, ME · NTEE: P20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Net Assets | $137K |
| Transparency Score | 30/100 |
Is Phippsburg Historical Society Inc Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Phippsburg Historical Society Inc
Phippsburg Historical Society Inc (EIN: 16018958) is a nonprofit organization based in Phippsburg, ME, classified under NTEE code P20. 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 Phippsburg Historical Society Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Phippsburg Historical Society Inc is a micro nonprofit that has been operating for 7 years.
Key Financial Metrics (2011)
From the most recent IRS 990 filing on record:
| Total Revenue | $10K |
| Total Expenses | $0 |
| Surplus / Deficit | +$10K |
| Total Assets | $137K |
| Net Assets | $137K |
| Operating Margin | 100.0% |
Financial Health Grade: A
In 2011, Phippsburg Historical Society Inc reported a surplus of $10K with revenue exceeding expenses.
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2019 |
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 Phippsburg Historical Society Inc with a Mission Score of 30 out of 100 (Poor). 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: 0%
- fundraising: 0%
According to IRS 990 filings, Phippsburg Historical Society Inc allocates its expenses as follows: admin: 0%, programs: 0%, fundraising: 0%.
Key Financial Metrics (2011)
From the most recent IRS 990 filing on record:
Executive Compensation Analysis
Officer compensation was reported as 0% of expenses in the 2011 filing, indicating no salaries were paid to officers, which is typical for very small, volunteer-run historical societies.
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 Phippsburg Historical Society Inc's IRS 990 filings:
- No expenses reported in 2011 filing, making financial analysis impossible.
- Latest data shows $0 revenue and $0 assets, suggesting potential inactivity or lack of updated filings.
- Limited financial transparency due to minimal and outdated filing history.
Strengths
The following positive indicators were identified for Phippsburg Historical Society Inc:
- Strong asset base relative to reported revenue in 2011 ($137,303 assets vs. $9,726 revenue).
- No liabilities reported in 2011, indicating financial stability.
- No officer compensation reported in 2011, suggesting a volunteer-driven model.
Frequently Asked Questions about Phippsburg Historical Society Inc
Is Phippsburg Historical Society Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Phippsburg Historical Society Inc (EIN: 16018958) significant concerns. Mission Score: 30/100. 3 red flags identified, 3 strengths noted.
How does Phippsburg Historical Society Inc spend its money?
Detailed spending breakdown data is not yet available for Phippsburg Historical Society Inc. Check back for updated IRS 990 analysis.
Are donations to Phippsburg Historical Society Inc tax-deductible?
Phippsburg Historical Society Inc is registered as a tax-exempt nonprofit (EIN: 16018958). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Phippsburg Historical Society Inc compare to similar nonprofits?
With a transparency score of 30/100 (Poor), Phippsburg Historical Society Inc is below average for NTEE category P20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Phippsburg Historical Society Inc located?
Phippsburg Historical Society Inc is headquartered in Phippsburg, Maine and files with the IRS under EIN 16018958. It is classified under NTEE code P20.
Is Phippsburg Historical Society Inc. currently active?
Based on the latest available data showing $0 revenue and $0 assets, the organization's current operational status is unclear and it may be inactive.
Why were no expenses reported in the 2011 filing?
The 2011 filing reported $0 in expenses despite having revenue, which is unusual and could indicate that all operations were volunteer-based with no financial outlays, or that reporting was incomplete.
How does the organization fund its activities?
The 2011 filing showed $9,726 in revenue, likely from donations or membership fees, but with no reported expenses, it's difficult to determine how these funds were utilized for activities.
Filing History
IRS 990 filing history for Phippsburg Historical Society Inc showing financial trends over 1 year of public records:
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2011 | $10K | $0 | $137K | $0 | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Phippsburg Historical Society Inc:
Data Sources and Methodology
This transparency report for Phippsburg Historical Society Inc 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.