Sagadahoc Agricultural & Horticultural Society
Sagadahoc Agricultural & Horticultural Society shows strong financial recovery and asset growth with no reported officer compensation.
EIN: 10153868 · Topsham, ME · NTEE: K20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.0M |
| Total Expenses | $986K |
| Program Spending | 85% |
| CEO/Top Officer Pay | $1 |
| Net Assets | $1.6M |
| Transparency Score | 90/100 |
Is Sagadahoc Agricultural & Horticultural Society Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Sagadahoc Agricultural & Horticultural Society directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Sagadahoc Agricultural & Horticultural Society
Sagadahoc Agricultural & Horticultural Society (EIN: 10153868) is a nonprofit organization based in Topsham, ME, classified under NTEE code K20. The organization reported total revenue of $1.0M and total assets of $1.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Sagadahoc Agricultural & Horticultural Society's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Sagadahoc Agricultural & Horticultural Society is a mid-size nonprofit that has been operating for 9 years, with 14 years of IRS 990 filings on record (2009–2022). Revenue has grown at a compound annual rate of 33.2%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.2M |
| Total Expenses | $986K |
| Surplus / Deficit | +$202K |
| Total Assets | $1.6M |
| Total Liabilities | $599 |
| Net Assets | $1.6M |
| Operating Margin | 17.0% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 19.2 months |
Financial Health Grade: A
In 2022, Sagadahoc Agricultural & Horticultural Society reported a surplus of $202K with revenue exceeding expenses, holds 19.2 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 14 years of filings (2009–2022), Sagadahoc Agricultural & Horticultural Society's revenue has grown at a compound annual growth rate (CAGR) of 33.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | +71.3% | +47.7% | +14.6% |
| 2021 | +295.8% | +704.9% | +1.9% |
| 2020 | -75.7% | -88.1% | +7.3% |
| 2019 | +0.4% | +9.9% | +1.8% |
| 2018 | +20.5% | +6.6% | +53.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| 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 Sagadahoc Agricultural & Horticultural Society with a Mission Score of 90 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, Sagadahoc Agricultural & Horticultural 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 $202K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers received compensation from the organization. This is highly unusual for an organization with over $1 million in revenue and suggests a volunteer-led or very lean executive structure, which is a significant positive for resource allocation.
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 Sagadahoc Agricultural & Horticultural Society:
- Consistent 0% officer compensation across all filings, indicating high efficiency and dedication to mission.
- Significant asset growth from $123,143 in 2013 to $1,580,823 in 2022, demonstrating strong financial management.
- Strong revenue recovery post-2020, reaching $1,187,451 in 2022, showing resilience and operational effectiveness.
- Low and well-managed liabilities, with a notable reduction to $599 in 2022.
- Consistent filing of IRS Form 990s over 14 periods, indicating strong transparency.
Frequently Asked Questions about Sagadahoc Agricultural & Horticultural Society
Is Sagadahoc Agricultural & Horticultural Society a legitimate charity?
Sagadahoc Agricultural & Horticultural Society (EIN: 10153868) is a registered tax-exempt nonprofit based in Maine. Our AI analysis gives it a Mission Score of 90/100. It has 14 years of IRS 990 filings on record. Total revenue: $1.0M. No red flags identified. 5 strengths noted. Financial health grade: A.
How does Sagadahoc Agricultural & Horticultural Society spend its money?
Sagadahoc Agricultural & Horticultural Society directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Sagadahoc Agricultural & Horticultural Society tax-deductible?
Sagadahoc Agricultural & Horticultural Society is registered as a tax-exempt nonprofit (EIN: 10153868). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Sagadahoc Agricultural & Horticultural Society CEO make?
Sagadahoc Agricultural & Horticultural Society's highest-compensated officer earns $1 annually. The organization reported $1.0M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Sagadahoc Agricultural & Horticultural Society's spending goes to programs?
Sagadahoc Agricultural & Horticultural Society directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Sagadahoc Agricultural & Horticultural Society compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Sagadahoc Agricultural & Horticultural Society is above average for NTEE category K20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Sagadahoc Agricultural & Horticultural Society located?
Sagadahoc Agricultural & Horticultural Society is headquartered in Topsham, Maine and files with the IRS under EIN 10153868. It is classified under NTEE code K20.
How many years of IRS 990 filings does Sagadahoc Agricultural & Horticultural Society have?
Sagadahoc Agricultural & Horticultural Society has 14 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 $1.0M in total revenue.
Is Sagadahoc Agricultural & Horticultural Society a good charity?
Based on the provided financial data, the Sagadahoc Agricultural & Horticultural Society appears to be a well-managed organization. It demonstrates strong financial health, significant asset growth, and a remarkable commitment to its mission by reporting 0% officer compensation across all filings. Its consistent revenue generation and recovery from the 2020 dip further support its stability.
How has the organization's financial health changed over time?
The organization's financial health has significantly improved over the past decade. Revenue has generally increased, with a strong recovery post-2020, reaching $1,187,451 in 2022. Assets have seen substantial growth from $123,143 in 2013 to $1,580,823 in 2022, indicating effective financial management and accumulation of resources.
What is the trend in liabilities?
Liabilities have generally remained low and manageable relative to assets and revenue. While there was a spike to $786,810 in 2017, they have since decreased significantly to $599 in 2022, indicating a strong financial position with minimal debt.
Filing History
IRS 990 filing history for Sagadahoc Agricultural & Horticultural Society showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2009–2022), Sagadahoc Agricultural & Horticultural Society's revenue has grown by 4051.1%, moving from $29K to $1.2M. Total assets increased by 1325.2% over the same period, from $111K to $1.6M. Total functional expenses rose by 3345.8%, from $29K to $986K. In its most recent filing year (2022), Sagadahoc Agricultural & Horticultural Society reported a surplus of $202K, with revenue exceeding expenses. The organization holds $599 in liabilities against $1.6M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $1.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $1.2M | $986K | $1.6M | $599 | — | View 990 |
| 2021 | $693K | $667K | $1.4M | $776 | — | View 990 |
| 2020 | $175K | $83K | $1.4M | $476 | — | View 990 |
| 2019 | $721K | $700K | $1.3M | $1K | — | View 990 |
| 2018 | $718K | $636K | $1.2M | $681 | — | View 990 |
| 2017 | $596K | $597K | $806K | $787K | — | View 990 |
| 2016 | $642K | $631K | $156K | $22K | — | View 990 |
| 2015 | $639K | $535K | $305K | $31K | — | View 990 |
| 2014 | $642K | $565K | $202K | $32K | — | View 990 |
| 2013 | $583K | $641K | $123K | $79K | — | View 990 |
| 2012 | $738K | $671K | $172K | $70K | — | View 990 |
| 2011 | $606K | $596K | $118K | $82K | — | View 990 |
| 2010 | $493K | $497K | $116K | $91K | — | View 990 |
| 2009 | $29K | $29K | $111K | $82K | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $1.2M, expenses of $986K, and assets of $1.6M (revenue +71.3% year-over-year).
- 2021: Revenue of $693K, expenses of $667K, and assets of $1.4M (revenue +295.8% year-over-year).
- 2020: Revenue of $175K, expenses of $83K, and assets of $1.4M (revenue -75.7% year-over-year).
- 2019: Revenue of $721K, expenses of $700K, and assets of $1.3M (revenue +0.4% year-over-year).
- 2018: Revenue of $718K, expenses of $636K, and assets of $1.2M (revenue +20.5% year-over-year).
- 2017: Revenue of $596K, expenses of $597K, and assets of $806K (revenue -7.1% year-over-year).
- 2016: Revenue of $642K, expenses of $631K, and assets of $156K (revenue +0.5% year-over-year).
- 2015: Revenue of $639K, expenses of $535K, and assets of $305K (revenue -0.6% year-over-year).
- 2014: Revenue of $642K, expenses of $565K, and assets of $202K (revenue +10.1% year-over-year).
- 2013: Revenue of $583K, expenses of $641K, and assets of $123K (revenue -20.9% year-over-year).
- 2012: Revenue of $738K, expenses of $671K, and assets of $172K (revenue +21.7% year-over-year).
- 2011: Revenue of $606K, expenses of $596K, and assets of $118K (revenue +22.9% year-over-year).
- 2010: Revenue of $493K, expenses of $497K, and assets of $116K (revenue +1623.1% year-over-year).
- 2009: Revenue of $29K, expenses of $29K, and assets of $111K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Sagadahoc Agricultural & Horticultural Society:
Data Sources and Methodology
This transparency report for Sagadahoc Agricultural & Horticultural 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.