St Albans Historical Society
St Albans Historical Society operates on minimal revenue, slowly drawing down assets to cover modest expenses.
EIN: 10547646 · Saint Albans, ME · NTEE: A70 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $5K |
| Total Expenses | $1K |
| Program Spending | 90% |
| Net Assets | $5K |
| Transparency Score | 75/100 |
Is St Albans Historical Society Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
St Albans Historical Society directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About St Albans Historical Society
St Albans Historical Society (EIN: 10547646) is a nonprofit organization based in Saint Albans, ME, classified under NTEE code A70. The organization reported total revenue of $5K and total assets of $3K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of St Albans Historical Society's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
St Albans Historical Society is a micro nonprofit that has been operating for 2 years, with 6 years of IRS 990 filings on record (2012–2022). Revenue has grown at a compound annual rate of -40.0%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $3 |
| Total Expenses | $1K |
| Surplus / Deficit | $-1,047 |
| Total Assets | $5K |
| Total Liabilities | $1 |
| Net Assets | $5K |
| Operating Margin | -34900.0% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 53.7 months |
Financial Health Grade: B
In 2022, St Albans Historical Society reported a deficit of $1K with expenses exceeding revenue, holds 53.7 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 6 years of filings (2012–2022), St Albans Historical Society's revenue has declined at a compound annual growth rate (CAGR) of -40.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -99.6% | -17.6% | -18.2% |
| 2021 | +60.8% | +571.1% | -7.6% |
| 2020 | +0.0% | +2.7% | +5.2% |
| 2019 | +0.0% | -35.1% | +1.1% |
| 2015 | +0.0% | -30.0% | +0.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2024 |
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 St Albans Historical Society 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: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, St Albans Historical Society allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $1K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0%, indicating that the organization is entirely volunteer-run. This is highly efficient for an organization of its small size and limited financial resources.
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 St Albans Historical Society's IRS 990 filings:
- Consistent negative net income (expenses exceeding revenue) in recent years, leading to asset depletion (e.g., $3 revenue vs. $1,050 expenses in 2022).
- Very low and inconsistent revenue streams, making financial planning difficult.
Strengths
The following positive indicators were identified for St Albans Historical Society:
- 100% volunteer leadership with 0% officer compensation, indicating high efficiency and dedication.
- Negligible liabilities ($1 in recent years), showing no significant debt burden.
- Consistent IRS 990-N filings, demonstrating basic transparency and compliance.
Frequently Asked Questions about St Albans Historical Society
Is St Albans Historical Society a legitimate charity?
Based on AI analysis of IRS 990 filings, St Albans Historical Society (EIN: 10547646) some concerns. Mission Score: 75/100. 2 red flags identified, 3 strengths noted.
How does St Albans Historical Society spend its money?
St Albans Historical Society directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to St Albans Historical Society tax-deductible?
St Albans Historical Society is registered as a tax-exempt nonprofit (EIN: 10547646). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does St Albans Historical Society compare to similar nonprofits?
With a transparency score of 75/100 (Good), St Albans Historical Society is above average for NTEE category A70 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is St Albans Historical Society located?
St Albans Historical Society is headquartered in Saint Albans, Maine and files with the IRS under EIN 10547646. It is classified under NTEE code A70.
How many years of IRS 990 filings does St Albans Historical Society have?
St Albans Historical Society 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 $5K in total revenue.
Is St Albans Historical Society a good charity?
For its specific mission and scale, it appears to be a dedicated, volunteer-run organization. Its financial activity is minimal, with 0% officer compensation, suggesting high efficiency in resource allocation. However, its declining asset base due to expenses exceeding revenue in recent years (e.g., $3 revenue vs. $1,050 expenses in 2022) raises questions about its long-term financial sustainability without increased funding.
How does the organization fund its operations?
The organization primarily relies on very modest revenue, which has fluctuated significantly (e.g., $3 in 2022, $804 in 2021, $500 in prior years). Given that expenses have often exceeded revenue, it appears to be funding operations by drawing down its existing assets, which have decreased from $6,219 in 2020 to $3,285 currently.
What are the primary financial challenges facing the St Albans Historical Society?
The primary financial challenge is the consistent trend of expenses exceeding revenue, leading to a gradual depletion of its asset base. For example, in 2022, revenue was $3 while expenses were $1,050. This indicates a need for increased fundraising or alternative revenue streams to ensure long-term viability.
Filing History
IRS 990 filing history for St Albans Historical Society showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2012–2022), St Albans Historical Society's revenue has declined by 99.4%, moving from $500 to $3. Total assets decreased by 19.3% over the same period, from $6K to $5K. Total functional expenses rose by 158%, from $407 to $1K. In its most recent filing year (2022), St Albans Historical Society reported a deficit of $1K, with expenses exceeding revenue. The organization holds $1 in liabilities against $5K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $5K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $3 | $1K | $5K | $1 | — | View 990 |
| 2021 | $804 | $1K | $6K | $1 | — | — |
| 2020 | $500 | $190 | $6K | $1 | — | View 990 |
| 2019 | $500 | $185 | $6K | $0 | — | View 990 |
| 2015 | $500 | $285 | $6K | $0 | — | View 990 |
| 2012 | $500 | $407 | $6K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $3, expenses of $1K, and assets of $5K (revenue -99.6% year-over-year).
- 2021: Revenue of $804, expenses of $1K, and assets of $6K (revenue +60.8% year-over-year).
- 2020: Revenue of $500, expenses of $190, and assets of $6K (revenue +0.0% year-over-year).
- 2019: Revenue of $500, expenses of $185, and assets of $6K (revenue +0.0% year-over-year).
- 2015: Revenue of $500, expenses of $285, and assets of $6K (revenue +0.0% year-over-year).
- 2012: Revenue of $500, expenses of $407, and assets of $6K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for St Albans Historical Society:
Data Sources and Methodology
This transparency report for St Albans 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.