Sedgwick Brooklin Historical Society
Sedgwick Brooklin Historical Society reports strong assets and minimal expenses, with no officer compensation.
EIN: 16020564 · Sedgwick, ME · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $57K |
| Total Expenses | $10K |
| Program Spending | 90% |
| Net Assets | $684K |
| Transparency Score | 95/100 |
Is Sedgwick Brooklin Historical Society Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Sedgwick Brooklin Historical Society directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Sedgwick Brooklin Historical Society
Sedgwick Brooklin Historical Society (EIN: 16020564) is a nonprofit organization based in Sedgwick, ME. The organization reported total revenue of $57K and total assets of $723K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Sedgwick Brooklin Historical Society's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Sedgwick Brooklin Historical Society is a micro nonprofit that has been operating for 54 years.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $137K |
| Total Expenses | $10K |
| Surplus / Deficit | +$127K |
| Total Assets | $684K |
| Net Assets | $684K |
| Operating Margin | 92.9% |
| Months of Reserves | 843.0 months |
Financial Health Grade: A
In 2024, Sedgwick Brooklin Historical Society reported a surplus of $127K with revenue exceeding expenses, holds 843.0 months of operating reserves (strong position).
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1972 |
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 Sedgwick Brooklin Historical Society with a Mission Score of 95 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: 90%
- fundraising: 0%
According to IRS 990 filings, Sedgwick Brooklin Historical Society allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $127K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is 0% of expenses, indicating that leadership is either volunteer-based or compensated through other means, which is highly favorable for donor confidence and 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 Sedgwick Brooklin Historical Society:
- Strong financial health with $683,878 in assets and $0 liabilities.
- Exceptional spending efficiency, with expenses of only $9,735 against $136,588 in revenue (202407).
- Zero officer compensation, indicating volunteer leadership or highly efficient compensation practices.
- High program spending ratio, estimated at 90% due to very low overall expenses.
- Significant asset base relative to annual expenses, providing long-term stability.
Frequently Asked Questions about Sedgwick Brooklin Historical Society
Is Sedgwick Brooklin Historical Society a legitimate charity?
Based on AI analysis of IRS 990 filings, Sedgwick Brooklin Historical Society (EIN: 16020564) appears legitimate. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.
How does Sedgwick Brooklin Historical Society spend its money?
Sedgwick Brooklin Historical Society directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Sedgwick Brooklin Historical Society tax-deductible?
Sedgwick Brooklin Historical Society is registered as a tax-exempt nonprofit (EIN: 16020564). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Sedgwick Brooklin Historical Society located?
Sedgwick Brooklin Historical Society is headquartered in Sedgwick, Maine and files with the IRS under EIN 16020564.
Is Sedgwick Brooklin Historical Society a good charity?
Based on the available financial data, the Sedgwick Brooklin Historical Society appears to be a very good charity. It exhibits strong financial health with $683,878 in assets and no liabilities, extremely low expenses relative to revenue ($9,735 expenses vs. $136,588 revenue in 202407), and zero officer compensation, all of which indicate efficient use of funds and a strong commitment to its mission.
How does Sedgwick Brooklin Historical Society manage its finances?
The organization manages its finances very conservatively and efficiently. With $683,878 in assets and $0 in liabilities, it maintains a robust balance sheet. Its expenses of $9,735 against a revenue of $136,588 in the 202407 period suggest a significant portion of its income is being retained or directly applied to its mission without high overhead.
Filing History
IRS 990 filing history for Sedgwick Brooklin Historical Society showing financial trends over 1 year of public records:
In its most recent filing year (2024), Sedgwick Brooklin Historical Society reported a surplus of $127K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $137K | $10K | $684K | $0 | — | — |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Sedgwick Brooklin Historical Society:
Data Sources and Methodology
This transparency report for Sedgwick Brooklin 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.