Sharon Historical Society Inc
Sharon Historical Society: Minimal Activity, Low Financials
EIN: 223090218 · Sharon, VT · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Net Assets | $3K |
| Transparency Score | 20/100 |
Is Sharon 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 Sharon Historical Society Inc
Sharon Historical Society Inc (EIN: 223090218) is a nonprofit organization based in Sharon, VT. 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 Sharon Historical Society Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Sharon Historical Society Inc is a micro nonprofit that has been operating for 35 years, with 2 years of IRS 990 filings on record (2010–2011). Revenue has grown at a compound annual rate of 124.2%.
Key Financial Metrics (2011)
From the most recent IRS 990 filing on record:
| Total Revenue | $1K |
| Total Expenses | $0 |
| Surplus / Deficit | +$1K |
| Total Assets | $5K |
| Total Liabilities | $2K |
| Net Assets | $3K |
| Operating Margin | 100.0% |
| Debt-to-Asset Ratio | 40.0% |
Financial Health Grade: A
In 2011, Sharon Historical Society Inc reported a surplus of $1K with revenue exceeding expenses, has a debt-to-asset ratio of 40.0% (moderate leverage).
Financial Trends
Over 2 years of filings (2010–2011), Sharon Historical Society Inc's revenue has grown at a compound annual growth rate (CAGR) of 124.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2011 | +124.2% | — | +693.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1991 |
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 Sharon Historical Society Inc with a Mission Score of 20 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, Sharon 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:
- Debt-to-asset ratio: 40.0%.
Executive Compensation Analysis
Executive compensation cannot be assessed as no compensation data is available in the provided filings.
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 Sharon Historical Society Inc's IRS 990 filings:
- Zero reported expenses for 2010 and 2011, suggesting minimal or no operational activity.
- No program service accomplishments detailed in available filings.
- Very low revenue and assets, indicating a small and potentially inactive organization.
Strengths
The following positive indicators were identified for Sharon Historical Society Inc:
- Maintains a legal presence as a registered entity.
Frequently Asked Questions about Sharon Historical Society Inc
Is Sharon Historical Society Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Sharon Historical Society Inc (EIN: 223090218) significant concerns. Mission Score: 20/100. 3 red flags identified, 1 strength noted.
How does Sharon Historical Society Inc spend its money?
Detailed spending breakdown data is not yet available for Sharon Historical Society Inc. Check back for updated IRS 990 analysis.
Are donations to Sharon Historical Society Inc tax-deductible?
Sharon Historical Society Inc is registered as a tax-exempt nonprofit (EIN: 223090218). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Sharon Historical Society Inc located?
Sharon Historical Society Inc is headquartered in Sharon, Vermont and files with the IRS under EIN 223090218.
How many years of IRS 990 filings does Sharon Historical Society Inc have?
Sharon Historical Society Inc has 2 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data.
What does Sharon Historical Society Inc do?
Sharon Historical Society Inc is a nonprofit organization in the Unknown sector, located in Sharon, Vermont. It is classified under NTEE code Unknown.
How much revenue does Sharon Historical Society Inc have?
Sharon Historical Society Inc reported total revenue of N/A. Based on 2 IRS 990 filings on record.
What are Sharon Historical Society Inc's total assets?
Sharon Historical Society Inc holds total assets of N/A as reported in IRS 990 filings.
Where is Sharon Historical Society Inc located?
Sharon Historical Society Inc is based in Sharon, Vermont.
What is Sharon Historical Society Inc's EIN?
Sharon Historical Society Inc's Employer Identification Number (EIN) is 223090218. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Sharon Historical Society Inc?
Sharon Historical Society Inc is classified under NTEE code Unknown (Unknown).
Is Sharon Historical Society Inc a registered 501(c)(3)?
Sharon Historical Society Inc appears in IRS records (EIN: 223090218). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Sharon Historical Society Inc file IRS Form 990?
Yes, Sharon Historical Society Inc has 2 IRS Form 990 filings on record. The most recent covers tax period 201112.
What was Sharon Historical Society Inc's revenue in 2011?
In the 201112 filing period, Sharon Historical Society Inc reported total revenue of $1,480, total expenses of N/A, and net assets of $5,238.
Is Sharon Historical Society Inc's revenue growing or declining?
Sharon Historical Society Inc's revenue is growing. Revenue went from $660 (201012) to $1,480 (201112), a +124.2% change.
What is Sharon Historical Society Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Sharon Historical Society Inc covers tax period 201112. It shows revenue of $1,480, expenses of N/A, total assets of $5,238, and liabilities of $2,096.
Is Sharon Historical Society Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Sharon Historical Society Inc has notable concerns. Mission Score: 20/100 (Poor). 3 red flags identified. 1 strength noted.
What are the red flags for Sharon Historical Society Inc?
The following concerns were identified: Zero reported expenses for 2010 and 2011, suggesting minimal or no operational activity.. No program service accomplishments detailed in available filings.. Very low revenue and assets, indicating a small and potentially inactive organization.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Sharon Historical Society Inc's strengths?
Positive indicators for Sharon Historical Society Inc include: Maintains a legal presence as a registered entity.. These findings are derived from AI analysis of the organization's financial filings.
How does Sharon Historical Society Inc compensate executives?
Executive compensation cannot be assessed as no compensation data is available in the provided filings. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the reported zero expenses and lack of program details, what is the primary function or activity of the Sharon Historical Society Inc?
Based on the provided data, it is unclear what the primary function or activity of the Sharon Historical Society Inc is, as no expenses or program accomplishments are reported for the years 2010 and 2011. The organization appears to be largely inactive financially during these periods.
Filing History
IRS 990 filing history for Sharon Historical Society Inc showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2010–2011), Sharon Historical Society Inc's revenue has grown by 124.2%, moving from $660 to $1K. Total assets increased by 693.6% over the same period, from $660 to $5K. The organization holds $2K in liabilities against $5K in assets (debt-to-asset ratio: 40.0%), resulting in net assets of $3K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2011 | $1K | $0 | $5K | $2K | — | View 990 |
| 2010 | $660 | $0 | $660 | $2K | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Sharon Historical Society Inc:
Data Sources and Methodology
This transparency report for Sharon 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.