Springvale Social Club
Springvale Social Club maintains financial stability with growing assets and no reported officer compensation.
EIN: 10228578 · Springvale, ME · Updated: 2026-03-28
Is Springvale Social Club Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Springvale Social Club directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Springvale Social Club
Springvale Social Club (EIN: 10228578) is a nonprofit organization based in Springvale, ME. The organization reported total revenue of $481K and total assets of $451K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Springvale Social Club's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Springvale Social Club with a Mission Score of 75 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
- admin: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, Springvale Social Club allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, suggesting a volunteer-led executive structure or that executive salaries are categorized differently, which is a positive indicator for resource allocation.
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 Springvale Social Club's IRS 990 filings:
- Lack of detailed functional expense breakdown in summary data
- NTEE code is unknown, making peer comparison difficult
Strengths
The following positive indicators were identified for Springvale Social Club:
- Consistent operational surpluses in most recent years (e.g., $2,872 in 2023)
- Growing asset base over time, from $206,889 in 2015 to $504,093 in 2023
- No reported officer compensation, indicating efficient use of funds or volunteer leadership
- Stable financial history with 13 filings, demonstrating longevity and compliance
Frequently Asked Questions about Springvale Social Club
Is Springvale Social Club a legitimate charity?
Based on AI analysis of IRS 990 filings, Springvale Social Club (EIN: 10228578) some concerns. Mission Score: 75/100. 2 red flags identified, 4 strengths noted.
How does Springvale Social Club spend its money?
Springvale Social Club directs 70% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Springvale Social Club tax-deductible?
Springvale Social Club is registered as a tax-exempt nonprofit (EIN: 10228578). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What are the primary programs or activities of Springvale Social Club?
The provided data does not detail the specific programs or activities of the Springvale Social Club. Further investigation into their mission statement or program service accomplishments on their full 990 forms would be necessary.
How does Springvale Social Club allocate its expenses between program services, administration, and fundraising?
The summary data does not provide a functional expense breakdown. To understand the allocation, one would need to review the detailed expense schedules in the full IRS Form 990 filings.
What is the reason for the consistent 0% officer compensation reported?
The consistent reporting of 0% officer compensation suggests that the organization may be run by volunteers, or that any compensation for leadership roles is not classified as 'officer compensation' but rather as general salaries or other expenses. This would require reviewing the full 990 for clarification.
What caused the significant increase in assets from $309,081 in 2018 to $471,872 in 2019?
The data shows a substantial increase in assets between 2018 and 2019. This could be due to significant donations, investment gains, or accumulation of surpluses. A detailed review of the balance sheet and revenue sources in the 2019 filing would provide more insight.
Filing History
IRS 990 filing history for Springvale Social Club showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Springvale Social Club's revenue has grown by 29.4%, moving from $230K to $297K. Total assets increased by 157.8% over the same period, from $196K to $504K. Total functional expenses rose by 59.1%, from $185K to $294K. In its most recent filing year (2023), Springvale Social Club reported a surplus of $3K, with revenue exceeding expenses. The organization holds $111K in liabilities against $504K in assets (debt-to-asset ratio: 22.0%), resulting in net assets of $393K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $297K | $294K | $504K | $111K | — | — |
| 2022 | $337K | $301K | $517K | $127K | — | View 990 |
| 2021 | $329K | $279K | $485K | $137K | — | View 990 |
| 2020 | $189K | $210K | $446K | $148K | — | View 990 |
| 2019 | $281K | $229K | $472K | $154K | — | View 990 |
| 2018 | $235K | $213K | $309K | $30K | — | View 990 |
| 2017 | $285K | $208K | $300K | $39K | — | View 990 |
| 2016 | $227K | $192K | $232K | $45K | — | View 990 |
| 2015 | $196K | $190K | $207K | $52K | — | View 990 |
| 2014 | $207K | $194K | $214K | $58K | — | View 990 |
| 2013 | $241K | $231K | $214K | $67K | — | View 990 |
| 2012 | $223K | $205K | $215K | $76K | — | View 990 |
| 2011 | $230K | $185K | $196K | $74K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $297K, expenses of $294K, and assets of $504K (revenue -11.8% year-over-year).
- 2022: Revenue of $337K, expenses of $301K, and assets of $517K (revenue +2.4% year-over-year).
- 2021: Revenue of $329K, expenses of $279K, and assets of $485K (revenue +73.9% year-over-year).
- 2020: Revenue of $189K, expenses of $210K, and assets of $446K (revenue -32.6% year-over-year).
- 2019: Revenue of $281K, expenses of $229K, and assets of $472K (revenue +19.5% year-over-year).
- 2018: Revenue of $235K, expenses of $213K, and assets of $309K (revenue -17.6% year-over-year).
- 2017: Revenue of $285K, expenses of $208K, and assets of $300K (revenue +26.0% year-over-year).
- 2016: Revenue of $227K, expenses of $192K, and assets of $232K (revenue +15.7% year-over-year).
- 2015: Revenue of $196K, expenses of $190K, and assets of $207K (revenue -5.4% year-over-year).
- 2014: Revenue of $207K, expenses of $194K, and assets of $214K (revenue -13.9% year-over-year).
- 2013: Revenue of $241K, expenses of $231K, and assets of $214K (revenue +8.1% year-over-year).
- 2012: Revenue of $223K, expenses of $205K, and assets of $215K (revenue -3.1% year-over-year).
- 2011: Revenue of $230K, expenses of $185K, and assets of $196K.
Data Sources and Methodology
This transparency report for Springvale Social Club 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.