Society For The Prevention Of Cruelty To Animals Of Hancock Cty

Hancock County SPCA maintains strong assets and zero officer compensation despite recent minor operating deficits.

EIN: 16018214 · Trenton, ME · NTEE: D200 · Updated: 2026-03-28

$1.5MRevenue

$2.0MAssets

90/100Mission Score (Excellent)

D200

About Society For The Prevention Of Cruelty To Animals Of Hancock Cty

Society For The Prevention Of Cruelty To Animals Of Hancock Cty (EIN: 16018214) is a nonprofit organization based in Trenton, ME, classified under NTEE code D200. The organization reported total revenue of $1.5M and total assets of $2.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Society For The Prevention Of Cruelty To Animals Of Hancock Cty's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

The Society For The Prevention Of Cruelty To Animals Of Hancock Cty demonstrates consistent financial operations, with revenues generally covering expenses over the past decade, though recent years (2022 and 2023) show expenses slightly exceeding revenue. For instance, in 2023, expenses were $591,367 against revenues of $526,855. The organization maintains a healthy asset base, with assets consistently above $1.6 million, reaching $2,039,862 in the latest available data, indicating good financial stability. Their liabilities have remained relatively low, further supporting a strong balance sheet.

The organization's transparency is commendable, particularly in its executive compensation practices. The filings consistently report 0% officer compensation across all periods, suggesting a volunteer-led or very lean administrative structure at the top, which is a strong indicator of donor funds being directed towards the mission. This commitment to minimizing administrative overhead at the executive level enhances trust and demonstrates a focus on program delivery. The consistent filing of IRS Form 990s over 14 periods also reflects a commitment to regulatory compliance and public disclosure.

While specific program spending ratios are not provided in the raw data, the absence of officer compensation strongly implies efficient use of funds. The slight deficits in recent years warrant monitoring, but the overall asset base provides a buffer. The organization appears to be a well-managed entity with a clear focus on its mission, supported by a solid financial foundation and transparent practices regarding executive pay.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Society For The Prevention Of Cruelty To Animals Of Hancock Cty 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, Society For The Prevention Of Cruelty To Animals Of Hancock Cty 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.

Executive Compensation Analysis

Executive compensation is reported as 0% across all available filings, indicating that the organization's officers receive no salary, which is highly commendable and suggests a strong commitment to directing funds towards the mission rather than administrative overhead.

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 Society For The Prevention Of Cruelty To Animals Of Hancock Cty's IRS 990 filings:

Expenses slightly exceeded revenue in the last two reported periods (2022 and 2023).

Strengths

The following positive indicators were identified for Society For The Prevention Of Cruelty To Animals Of Hancock Cty:

Consistent 0% officer compensation, indicating high efficiency at the executive level.
Strong and stable asset base, consistently above $1.6 million, providing financial security.
Low liabilities relative to assets, demonstrating a healthy balance sheet.
Long history of IRS 990 filings (14 filings), indicating transparency and compliance.

Frequently Asked Questions about Society For The Prevention Of Cruelty To Animals Of Hancock Cty

Is Society For The Prevention Of Cruelty To Animals Of Hancock Cty a good charity?

Based on the available data, the organization appears to be a good charity. It maintains a strong asset base, consistently reports 0% officer compensation, and has a long history of IRS 990 filings, indicating transparency and financial stability.

How has the organization's financial health changed over time?

The organization has maintained a strong asset base, consistently above $1.6 million, and has generally managed to cover expenses with revenue. While 2022 and 2023 showed slight operating deficits (e.g., $591,367 expenses vs. $526,855 revenue in 2023), its overall financial health remains robust due to its substantial assets.

What is the organization's approach to executive compensation?

The organization reports 0% officer compensation in all available filings, indicating a highly efficient and volunteer-driven executive leadership structure, which is a significant positive for donor confidence.

Are there any concerns about the organization's liabilities?

No, the organization's liabilities have remained relatively low across all periods, for example, $151,349 in 2023, especially when compared to its substantial assets, indicating a healthy balance sheet.

Filing History

IRS 990 filing history for Society For The Prevention Of Cruelty To Animals Of Hancock Cty showing financial trends over 14 years of public records:

Over 14 years of IRS 990 filings (2010–2023), Society For The Prevention Of Cruelty To Animals Of Hancock Cty's revenue has grown by 57.5%, moving from $335K to $527K. Total assets decreased by 33.2% over the same period, from $2.4M to $1.6M. Total functional expenses rose by 70.2%, from $347K to $591K. In its most recent filing year (2023), Society For The Prevention Of Cruelty To Animals Of Hancock Cty reported a deficit of $65K, with expenses exceeding revenue. The organization holds $151K in liabilities against $1.6M in assets (debt-to-asset ratio: 9.5%), resulting in net assets of $1.4M.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$527K	$591K	$1.6M	$151K	—	—
2022	$596K	$681K	$1.6M	$152K	—	View 990
2021	$676K	$667K	$1.8M	$154K	—	View 990
2020	$652K	$710K	$1.7M	$154K	—	View 990
2019	$483K	$613K	$1.6M	$340	—	View 990
2018	$452K	$565K	$1.7M	$170	—	View 990
2017	$554K	$504K	$1.9M	$0	—	View 990
2016	$331K	$460K	$1.8M	$5K	—	View 990
2015	$327K	$419K	$1.9M	$3K	—	View 990
2014	$253K	$432K	$2.1M	$851	—	View 990
2013	$475K	$463K	$2.2M	$3K	—	View 990
2012	$330K	$490K	$2.1M	$0	—	View 990
2011	$328K	$442K	$2.3M	$0	—	View 990
2010	$335K	$347K	$2.4M	$0	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $527K, expenses of $591K, and assets of $1.6M (revenue -11.6% year-over-year).
2022: Revenue of $596K, expenses of $681K, and assets of $1.6M (revenue -11.9% year-over-year).
2021: Revenue of $676K, expenses of $667K, and assets of $1.8M (revenue +3.6% year-over-year).
2020: Revenue of $652K, expenses of $710K, and assets of $1.7M (revenue +34.9% year-over-year).
2019: Revenue of $483K, expenses of $613K, and assets of $1.6M (revenue +6.9% year-over-year).
2018: Revenue of $452K, expenses of $565K, and assets of $1.7M (revenue -18.3% year-over-year).
2017: Revenue of $554K, expenses of $504K, and assets of $1.9M (revenue +67.3% year-over-year).
2016: Revenue of $331K, expenses of $460K, and assets of $1.8M (revenue +1.3% year-over-year).
2015: Revenue of $327K, expenses of $419K, and assets of $1.9M (revenue +29.2% year-over-year).
2014: Revenue of $253K, expenses of $432K, and assets of $2.1M (revenue -46.7% year-over-year).
2013: Revenue of $475K, expenses of $463K, and assets of $2.2M (revenue +43.7% year-over-year).
2012: Revenue of $330K, expenses of $490K, and assets of $2.1M (revenue +0.8% year-over-year).
2011: Revenue of $328K, expenses of $442K, and assets of $2.3M (revenue -2.1% year-over-year).
2010: Revenue of $335K, expenses of $347K, and assets of $2.4M.

Data Sources and Methodology

This transparency report for Society For The Prevention Of Cruelty To Animals Of Hancock Cty 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.