South Solon Historical Society

South Solon Historical Society reported $4,553 in revenue and $3,514 in expenses in its last available filing from 2011, holding $262,989 in assets.

EIN: 16019170 · Skowhegan, ME · Updated: 2026-03-28

$0Revenue
$0Assets
60/100Mission Score (Good)
South Solon Historical Society Financial Summary
MetricValue
Total Expenses$4K
Program Spending75%
Net Assets$263K
Transparency Score60/100

Is South Solon Historical Society Legit?

Some Concerns

LimitedFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
2 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

South Solon Historical Society directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About South Solon Historical Society

South Solon Historical Society (EIN: 16019170) is a nonprofit organization based in Skowhegan, ME. 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 South Solon Historical Society's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

65Years Operating
MicroSize Classification
1Years of Filings
StableRevenue Trajectory

South Solon Historical Society is a micro nonprofit that has been operating for 65 years.

Key Financial Metrics (2011)

From the most recent IRS 990 filing on record:

Total Revenue$5K
Total Expenses$4K
Surplus / Deficit+$1K
Total Assets$263K
Net Assets$263K
Operating Margin22.8%
Months of Reserves898.1 months

Financial Health Grade: A

In 2011, South Solon Historical Society reported a surplus of $1K with revenue exceeding expenses, holds 898.1 months of operating reserves (strong position).

IRS Tax-Exempt Classification

IRS Classification Codes2000
IRS Ruling Date1961

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

The South Solon Historical Society appears to be a very small organization with minimal financial activity. In its latest reported period (201112), it generated $4,553 in revenue and incurred $3,514 in expenses, resulting in a modest surplus. The organization holds significant assets, reported at $262,989, with no liabilities, indicating a strong balance sheet relative to its operational size. However, the lack of recent financial data (latest revenue and assets are reported as $0, with the only filing being from 2011) makes a current assessment of financial health and transparency challenging. The organization's operational status and current financial activities are unclear from the provided data.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates South Solon Historical Society with a Mission Score of 60 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

According to IRS 990 filings, South Solon Historical Society allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% directed toward programs, this reflects a strong commitment to its charitable mission.

Key Financial Metrics (2011)

From the most recent IRS 990 filing on record:

$5KTotal Revenue
$4KTotal Expenses
$263KTotal Assets
$263KNet Assets

Executive Compensation Analysis

No officer compensation was reported in the 2011 filing, indicating that executive leadership was likely volunteer-based or compensated through non-salary means, which is common for very small historical societies.

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 South Solon Historical Society's IRS 990 filings:

Strengths

The following positive indicators were identified for South Solon Historical Society:

Frequently Asked Questions about South Solon Historical Society

Is South Solon Historical Society a legitimate charity?

Based on AI analysis of IRS 990 filings, South Solon Historical Society (EIN: 16019170) some concerns. Mission Score: 60/100. 2 red flags identified, 3 strengths noted.

How does South Solon Historical Society spend its money?

South Solon Historical Society directs 75% of its spending to programs and services. The remaining budget covers administration and fundraising costs.

Are donations to South Solon Historical Society tax-deductible?

South Solon Historical Society is registered as a tax-exempt nonprofit (EIN: 16019170). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

What percentage of South Solon Historical Society's spending goes to programs?

South Solon Historical Society directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

Where is South Solon Historical Society located?

South Solon Historical Society is headquartered in Skowhegan, Maine and files with the IRS under EIN 16019170.

What are the current financial activities of the South Solon Historical Society, given the last filing is from 2011?

The provided data only includes a filing from 2011, showing $4,553 in revenue and $3,514 in expenses. There is no information on current financial activities.

How does the organization sustain its $262,989 in assets with minimal reported revenue?

The assets of $262,989 likely represent historical properties, endowments, or other non-liquid assets that do not generate significant operational revenue but contribute to the organization's mission.

Is the South Solon Historical Society still active?

The provided data does not offer enough information to determine if the organization is currently active, as the latest financial report is from 2011 and current revenue/assets are listed as $0.

Filing History

IRS 990 filing history for South Solon Historical Society showing financial trends over 1 year of public records:

In its most recent filing year (2011), South Solon Historical Society reported a surplus of $1K, with revenue exceeding expenses.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2011 $5K $4K $263K $0 View 990

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for South Solon Historical Society:

2011 Filing

Data Sources and Methodology

This transparency report for South Solon 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.

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