Pine County Historical Society
EIN: 416048580 · Askov, MN
| Metric | Value |
|---|---|
| Total Revenue | $518K |
| Total Expenses | $274K |
| Net Assets | $694K |
Is Pine County Historical Society Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Pine County Historical Society
Pine County Historical Society (EIN: 416048580) is a nonprofit organization based in Askov, MN. The organization reported total revenue of $518K and total assets of $774K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Pine County Historical Society's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Pine County Historical Society is a small nonprofit that has been operating for 60 years, with 11 years of IRS 990 filings on record (2013–2023). Revenue has grown at a compound annual rate of 15.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $351K |
| Total Expenses | $274K |
| Surplus / Deficit | +$77K |
| Total Assets | $698K |
| Total Liabilities | $4K |
| Net Assets | $694K |
| Operating Margin | 21.9% |
| Debt-to-Asset Ratio | 0.6% |
| Months of Reserves | 30.6 months |
Financial Health Grade: A
In 2023, Pine County Historical Society reported a surplus of $77K with revenue exceeding expenses, holds 30.6 months of operating reserves (strong position), has a debt-to-asset ratio of 0.6% (very low leverage).
Financial Trends
Over 11 years of filings (2013–2023), Pine County Historical Society's revenue has grown at a compound annual growth rate (CAGR) of 15.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +13.1% | -4.7% | +15.3% |
| 2022 | -4.3% | +64.4% | +1.8% |
| 2021 | +46.0% | +27.9% | +40.5% |
| 2020 | +23.6% | -25.7% | +21.1% |
| 2019 | +64.8% | +80.0% | +1.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1966 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Pine County Historical Society has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Pine County Historical Society with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $77K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.6%.
Frequently Asked Questions about Pine County Historical Society
Is Pine County Historical Society a legitimate charity?
Pine County Historical Society (EIN: 416048580) is a registered tax-exempt nonprofit based in Minnesota. It has 11 years of IRS 990 filings on record. Total revenue: $518K. No red flags identified. Financial health grade: A.
How does Pine County Historical Society spend its money?
Pine County Historical Society reported $518K in total revenue in IRS 990 filings. 11 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Pine County Historical Society tax-deductible?
Pine County Historical Society is registered as a tax-exempt nonprofit (EIN: 416048580). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Pine County Historical Society located?
Pine County Historical Society is headquartered in Askov, Minnesota and files with the IRS under EIN 416048580.
How many years of IRS 990 filings does Pine County Historical Society have?
Pine County Historical Society 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 $518K in total revenue.
Filing History
IRS 990 filing history for Pine County Historical Society showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2013–2023), Pine County Historical Society's revenue has grown by 324.1%, moving from $83K to $351K. Total assets increased by 953.4% over the same period, from $66K to $698K. Total functional expenses rose by 233.4%, from $82K to $274K. In its most recent filing year (2023), Pine County Historical Society reported a surplus of $77K, with revenue exceeding expenses. The organization holds $4K in liabilities against $698K in assets (debt-to-asset ratio: 0.6%), resulting in net assets of $694K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $351K | $274K | $698K | $4K | — | View 990 |
| 2022 | $310K | $288K | $606K | $3K | — | View 990 |
| 2021 | $324K | $175K | $595K | $2K | — | — |
| 2020 | $222K | $137K | $423K | $-502 | — | View 990 |
| 2019 | $180K | $184K | $350K | $12K | — | View 990 |
| 2018 | $109K | $102K | $344K | $2K | — | View 990 |
| 2017 | $118K | $108K | $348K | $13K | — | View 990 |
| 2016 | $115K | $102K | $350K | $25K | — | View 990 |
| 2015 | $157K | $163K | $326K | $24K | — | View 990 |
| 2014 | $101K | $114K | $327K | $20K | — | View 990 |
| 2013 | $83K | $82K | $66K | $60K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $351K, expenses of $274K, and assets of $698K (revenue +13.1% year-over-year).
- 2022: Revenue of $310K, expenses of $288K, and assets of $606K (revenue -4.3% year-over-year).
- 2021: Revenue of $324K, expenses of $175K, and assets of $595K (revenue +46.0% year-over-year).
- 2020: Revenue of $222K, expenses of $137K, and assets of $423K (revenue +23.6% year-over-year).
- 2019: Revenue of $180K, expenses of $184K, and assets of $350K (revenue +64.8% year-over-year).
- 2018: Revenue of $109K, expenses of $102K, and assets of $344K (revenue -7.4% year-over-year).
- 2017: Revenue of $118K, expenses of $108K, and assets of $348K (revenue +2.7% year-over-year).
- 2016: Revenue of $115K, expenses of $102K, and assets of $350K (revenue -27.2% year-over-year).
- 2015: Revenue of $157K, expenses of $163K, and assets of $326K (revenue +56.1% year-over-year).
- 2014: Revenue of $101K, expenses of $114K, and assets of $327K (revenue +21.9% year-over-year).
- 2013: Revenue of $83K, expenses of $82K, and assets of $66K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Pine County Historical Society:
Data Sources and Methodology
This transparency report for Pine County 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.