Springfield Telescope Makers Inc
Springfield Telescope Makers Inc: Consistent Mission, Modest Growth
EIN: 222582956 · Springfield, VT · NTEE: A030 · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $118K |
| Total Expenses | $93K |
| Program Spending | 75% |
| Net Assets | $641K |
| Transparency Score | 85/100 |
Is Springfield Telescope Makers Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Springfield Telescope Makers Inc directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Springfield Telescope Makers Inc
Springfield Telescope Makers Inc (EIN: 222582956) is a nonprofit organization based in Springfield, VT, classified under NTEE code A030. The organization reported total revenue of $118K and total assets of $675K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Springfield Telescope Makers Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Springfield Telescope Makers Inc is a small nonprofit that has been operating for 41 years, with 12 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $101K |
| Total Expenses | $93K |
| Surplus / Deficit | +$8K |
| Total Assets | $641K |
| Net Assets | $641K |
| Operating Margin | 7.5% |
| Months of Reserves | 82.6 months |
Financial Health Grade: A
In 2023, Springfield Telescope Makers Inc reported a surplus of $8K with revenue exceeding expenses, holds 82.6 months of operating reserves (strong position).
Financial Trends
Over 12 years of filings (2011–2023), Springfield Telescope Makers Inc's revenue has grown at a compound annual growth rate (CAGR) of 4.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +19.9% | +36.9% | +1.3% |
| 2022 | +38.2% | +55.3% | +2.6% |
| 2021 | -22.9% | -44.0% | +2.3% |
| 2019 | +18.1% | +8.4% | +0.1% |
| 2018 | +23.9% | +59.9% | -0.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1985 |
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 Springfield Telescope Makers Inc with a Mission Score of 85 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: 15%
- programs: 75%
- fundraising: 10%
According to IRS 990 filings, Springfield Telescope Makers Inc 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $8K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is not reported in available filings, suggesting a volunteer-driven organization or very minimal paid leadership.
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 Springfield Telescope Makers Inc:
- Consistent mission focus on astronomy and telescope making.
- Healthy asset base of $674,791 in 2023, providing financial stability.
- Low overhead with no reported executive compensation.
Frequently Asked Questions about Springfield Telescope Makers Inc
Is Springfield Telescope Makers Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Springfield Telescope Makers Inc (EIN: 222582956) appears legitimate. Mission Score: 85/100. 0 red flags identified, 3 strengths noted.
How does Springfield Telescope Makers Inc spend its money?
Springfield Telescope Makers Inc directs 75% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Springfield Telescope Makers Inc tax-deductible?
Springfield Telescope Makers Inc is registered as a tax-exempt nonprofit (EIN: 222582956). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Springfield Telescope Makers Inc's spending goes to programs?
Springfield Telescope Makers Inc directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Springfield Telescope Makers Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Springfield Telescope Makers Inc is above average for NTEE category A030 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Springfield Telescope Makers Inc located?
Springfield Telescope Makers Inc is headquartered in Springfield, Vermont and files with the IRS under EIN 222582956. It is classified under NTEE code A030.
How many years of IRS 990 filings does Springfield Telescope Makers Inc have?
Springfield Telescope Makers Inc has 12 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 $118K in total revenue.
What does Springfield Telescope Makers Inc do?
Springfield Telescope Makers Inc is a nonprofit organization in the Arts, Culture & Humanities sector, located in Springfield, Vermont. It is classified under NTEE code A030.
How much revenue does Springfield Telescope Makers Inc have?
Springfield Telescope Makers Inc reported total revenue of $117,636. Based on 12 IRS 990 filings on record.
What are Springfield Telescope Makers Inc's total assets?
Springfield Telescope Makers Inc holds total assets of $674,791 as reported in IRS 990 filings.
Where is Springfield Telescope Makers Inc located?
Springfield Telescope Makers Inc is based in Springfield, Vermont.
What is Springfield Telescope Makers Inc's EIN?
Springfield Telescope Makers Inc's Employer Identification Number (EIN) is 222582956. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Springfield Telescope Makers Inc?
Springfield Telescope Makers Inc is classified under NTEE code A030 (Arts, Culture & Humanities).
Is Springfield Telescope Makers Inc a registered 501(c)(3)?
Yes, Springfield Telescope Makers Inc is recognized as a tax-exempt organization by the IRS. EIN: 222582956.
Does Springfield Telescope Makers Inc file IRS Form 990?
Yes, Springfield Telescope Makers Inc has 12 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Springfield Telescope Makers Inc's revenue in 2023?
In the 202312 filing period, Springfield Telescope Makers Inc reported total revenue of $100,630, total expenses of $93,103, and net assets of $640,834.
Is Springfield Telescope Makers Inc's revenue growing or declining?
Springfield Telescope Makers Inc's revenue is growing. Revenue went from $83,927 (202212) to $100,630 (202312), a +19.9% change. Based on 12 filings on record.
What is Springfield Telescope Makers Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Springfield Telescope Makers Inc covers tax period 202312. It shows revenue of $100,630, expenses of $93,103, total assets of $640,834, and liabilities of N/A.
How much does Springfield Telescope Makers Inc spend on programs vs administration?
Based on IRS 990 analysis, Springfield Telescope Makers Inc allocates approximately 75% of expenses to program services, 15% to administrative costs, and 10% to fundraising. This indicates strong program focus.
Is Springfield Telescope Makers Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Springfield Telescope Makers Inc appears trustworthy. Mission Score: 85/100 (Excellent). No red flags identified. 3 strengths noted.
What are Springfield Telescope Makers Inc's strengths?
Positive indicators for Springfield Telescope Makers Inc include: Consistent mission focus on astronomy and telescope making.. Healthy asset base of $674,791 in 2023, providing financial stability.. Low overhead with no reported executive compensation.. These findings are derived from AI analysis of the organization's financial filings.
How does Springfield Telescope Makers Inc compensate executives?
Executive compensation is not reported in available filings, suggesting a volunteer-driven organization or very minimal paid leadership. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How does the organization sustain its operations without reported executive compensation?
The absence of reported executive compensation suggests that the organization is primarily run by volunteers, or that any paid positions are below the reporting threshold, allowing a greater portion of funds to be directed towards programs and mission-related activities.
What is the long-term trend in the organization's financial health?
Over the past several years, the organization has maintained a stable asset base, with total assets growing from $602,892 in 2015 to $674,791 in 2023, indicating prudent financial management and sustainability despite fluctuating revenues.
Filing History
IRS 990 filing history for Springfield Telescope Makers Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2023), Springfield Telescope Makers Inc's revenue has grown by 62.2%, moving from $62K to $101K. Total assets increased by 14% over the same period, from $562K to $641K. Total functional expenses rose by 75.5%, from $53K to $93K. In its most recent filing year (2023), Springfield Telescope Makers Inc reported a surplus of $8K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $101K | $93K | $641K | $0 | — | View 990 |
| 2022 | $84K | $68K | $633K | $0 | — | View 990 |
| 2021 | $61K | $44K | $617K | $0 | — | View 990 |
| 2019 | $79K | $78K | $603K | $0 | — | View 990 |
| 2018 | $67K | $72K | $602K | $0 | — | View 990 |
| 2017 | $54K | $45K | $608K | $0 | — | View 990 |
| 2016 | $70K | $58K | $613K | $3K | — | View 990 |
| 2015 | $69K | $49K | $603K | $5K | — | View 990 |
| 2014 | $70K | $66K | $585K | $7K | — | View 990 |
| 2013 | $64K | $60K | $583K | $9K | — | View 990 |
| 2012 | $86K | $56K | $569K | $0 | — | View 990 |
| 2011 | $62K | $53K | $562K | $23K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $101K, expenses of $93K, and assets of $641K (revenue +19.9% year-over-year).
- 2022: Revenue of $84K, expenses of $68K, and assets of $633K (revenue +38.2% year-over-year).
- 2021: Revenue of $61K, expenses of $44K, and assets of $617K (revenue -22.9% year-over-year).
- 2019: Revenue of $79K, expenses of $78K, and assets of $603K (revenue +18.1% year-over-year).
- 2018: Revenue of $67K, expenses of $72K, and assets of $602K (revenue +23.9% year-over-year).
- 2017: Revenue of $54K, expenses of $45K, and assets of $608K (revenue -23.0% year-over-year).
- 2016: Revenue of $70K, expenses of $58K, and assets of $613K (revenue +1.7% year-over-year).
- 2015: Revenue of $69K, expenses of $49K, and assets of $603K (revenue -1.9% year-over-year).
- 2014: Revenue of $70K, expenses of $66K, and assets of $585K (revenue +9.8% year-over-year).
- 2013: Revenue of $64K, expenses of $60K, and assets of $583K (revenue -26.1% year-over-year).
- 2012: Revenue of $86K, expenses of $56K, and assets of $569K (revenue +39.3% year-over-year).
- 2011: Revenue of $62K, expenses of $53K, and assets of $562K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Springfield Telescope Makers Inc:
Data Sources and Methodology
This transparency report for Springfield Telescope Makers 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.