Sparrows Point North Point Historical Society Inc
EIN: 824544231 · Sparrows Pt, MD · NTEE: A80
| Metric | Value |
|---|---|
| Total Revenue | $268K |
| Total Expenses | $23K |
| Net Assets | $139K |
Is Sparrows Point North Point Historical Society Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Sparrows Point North Point Historical Society Inc
Sparrows Point North Point Historical Society Inc (EIN: 824544231) is a nonprofit organization based in Sparrows Pt, MD, classified under NTEE code A80. The organization reported total revenue of $268K and total assets of $10K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Sparrows Point North Point Historical Society Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Sparrows Point North Point Historical Society Inc is a small nonprofit that has been operating for 8 years, with 6 years of IRS 990 filings on record (2018–2023). Revenue has grown at a compound annual rate of 69.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $71K |
| Total Expenses | $23K |
| Surplus / Deficit | +$48K |
| Total Assets | $139K |
| Net Assets | $139K |
| Operating Margin | 68.2% |
| Months of Reserves | 74.2 months |
Financial Health Grade: A
In 2023, Sparrows Point North Point Historical Society Inc reported a surplus of $48K with revenue exceeding expenses, holds 74.2 months of operating reserves (strong position).
Financial Trends
Over 6 years of filings (2018–2023), Sparrows Point North Point Historical Society Inc's revenue has grown at a compound annual growth rate (CAGR) of 69.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +336.8% | -35.1% | +53.0% |
| 2022 | -74.5% | -13.7% | -16.9% |
| 2021 | +836.9% | +972.6% | +27.0% |
| 2020 | +1.7% | -45.4% | +3.6% |
| 2019 | +30.1% | +37.5% | +42.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2018 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Sparrows Point North Point Historical Society Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Sparrows Point North Point Historical Society Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $48K, with revenue exceeding expenses.
Frequently Asked Questions about Sparrows Point North Point Historical Society Inc
Is Sparrows Point North Point Historical Society Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Sparrows Point North Point Historical Society Inc (EIN: 824544231) insufficient data. 0 red flags identified, 0 strengths noted.
How does Sparrows Point North Point Historical Society Inc spend its money?
Detailed spending breakdown data is not yet available for Sparrows Point North Point Historical Society Inc. Check back for updated IRS 990 analysis.
Are donations to Sparrows Point North Point Historical Society Inc tax-deductible?
Sparrows Point North Point Historical Society Inc is registered as a tax-exempt nonprofit (EIN: 824544231). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Sparrows Point North Point Historical Society Inc located?
Sparrows Point North Point Historical Society Inc is headquartered in Sparrows Pt, Maryland and files with the IRS under EIN 824544231. It is classified under NTEE code A80.
How many years of IRS 990 filings does Sparrows Point North Point Historical Society Inc have?
Sparrows Point North Point Historical Society Inc has 6 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 $268K in total revenue.
Filing History
IRS 990 filing history for Sparrows Point North Point Historical Society Inc showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2018–2023), Sparrows Point North Point Historical Society Inc's revenue has grown by 1281.7%, moving from $5K to $71K. Total assets increased by 138.1% over the same period, from $59K to $139K. Total functional expenses rose by 351.1%, from $5K to $23K. In its most recent filing year (2023), Sparrows Point North Point Historical Society Inc reported a surplus of $48K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $71K | $23K | $139K | $0 | — | View 990 |
| 2022 | $16K | $35K | $91K | $0 | — | — |
| 2021 | $64K | $40K | $110K | $0 | — | — |
| 2020 | $7K | $4K | $86K | $0 | — | — |
| 2019 | $7K | $7K | $83K | $0 | — | View 990 |
| 2018 | $5K | $5K | $59K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $71K, expenses of $23K, and assets of $139K (revenue +336.8% year-over-year).
- 2022: Revenue of $16K, expenses of $35K, and assets of $91K (revenue -74.5% year-over-year).
- 2021: Revenue of $64K, expenses of $40K, and assets of $110K (revenue +836.9% year-over-year).
- 2020: Revenue of $7K, expenses of $4K, and assets of $86K (revenue +1.7% year-over-year).
- 2019: Revenue of $7K, expenses of $7K, and assets of $83K (revenue +30.1% year-over-year).
- 2018: Revenue of $5K, expenses of $5K, and assets of $59K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Sparrows Point North Point Historical Society Inc:
Data Sources and Methodology
This transparency report for Sparrows Point North Point 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.