Steam Into History Inc
Steam Into History Inc. maintains substantial assets despite fluctuating revenues and consistent operational expenses.
EIN: 204755150 · New Freedom, PA · NTEE: A56 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.9M |
| Total Expenses | $1.6M |
| Program Spending | 80% |
| CEO/Top Officer Pay | $7 |
| Net Assets | $4.3M |
| Transparency Score | 85/100 |
Is Steam Into History Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Steam Into History Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Steam Into History Inc
Steam Into History Inc (EIN: 204755150) is a nonprofit organization based in New Freedom, PA, classified under NTEE code A56. The organization reported total revenue of $1.9M and total assets of $7.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Steam Into History Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Steam Into History Inc is a mid-size nonprofit that has been operating for 16 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 3.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.2M |
| Total Expenses | $1.6M |
| Surplus / Deficit | $-373,170 |
| Total Assets | $7.1M |
| Total Liabilities | $2.7M |
| Net Assets | $4.3M |
| Operating Margin | -29.9% |
| Debt-to-Asset Ratio | 38.4% |
| Months of Reserves | 52.3 months |
Financial Health Grade: B
In 2023, Steam Into History Inc reported a deficit of $373K with expenses exceeding revenue, holds 52.3 months of operating reserves (strong position), has a debt-to-asset ratio of 38.4% (moderate leverage).
Financial Trends
Over 14 years of filings (2010–2023), Steam Into History Inc's revenue has grown at a compound annual growth rate (CAGR) of 3.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -38.4% | +7.1% | -6.5% |
| 2022 | +11.4% | +16.7% | +23.7% |
| 2021 | +171.4% | +23.4% | +3.6% |
| 2020 | -40.4% | -8.3% | -4.0% |
| 2019 | -31.8% | -3.4% | -6.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2010 |
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 Steam Into History 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: 80%
- fundraising: 5%
According to IRS 990 filings, Steam Into History Inc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% 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 deficit of $373K, with expenses exceeding revenue.
- Debt-to-asset ratio: 38.4%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no officers received reportable compensation, which is highly favorable for a nonprofit of its size with assets exceeding $7 million.
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 Steam Into History Inc's IRS 990 filings:
- Significant year-to-year revenue volatility, making financial planning potentially challenging.
- Operating deficits in several recent years (e.g., 2023: expenses $1.6M vs. revenue $1.2M), indicating reliance on reserves or other funding sources.
Strengths
The following positive indicators were identified for Steam Into History Inc:
- Consistent reporting of 0% officer compensation, indicating strong financial stewardship regarding executive pay.
- Substantial and growing asset base, reaching $7,215,172, providing financial stability.
- Long filing history (14 filings) demonstrates consistent compliance and transparency.
- Strong program focus implied by consistent operational expenses relative to revenue.
Frequently Asked Questions about Steam Into History Inc
Is Steam Into History Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Steam Into History Inc (EIN: 204755150) some concerns. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
How does Steam Into History Inc spend its money?
Steam Into History Inc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Steam Into History Inc tax-deductible?
Steam Into History Inc is registered as a tax-exempt nonprofit (EIN: 204755150). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Steam Into History Inc CEO make?
Steam Into History Inc's highest-compensated officer earns $7 annually. The organization reported $1.9M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Steam Into History Inc's spending goes to programs?
Steam Into History Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Steam Into History Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Steam Into History Inc is above average for NTEE category A56 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Steam Into History Inc located?
Steam Into History Inc is headquartered in New Freedom, Pennsylvania and files with the IRS under EIN 204755150. It is classified under NTEE code A56.
How many years of IRS 990 filings does Steam Into History Inc have?
Steam Into History Inc has 14 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 $1.9M in total revenue.
Is Steam Into History Inc. financially stable?
Yes, the organization appears financially stable, consistently holding over $5 million in assets since 2014 and reaching $7,215,172 in its latest filing, despite year-to-year fluctuations in revenue and occasional operating deficits.
How does Steam Into History Inc. manage its expenses?
Expenses have generally been managed within a range of $1.0 million to $1.6 million annually over the past decade, indicating consistent operational costs. In some years, like 2023, expenses ($1,619,309) exceeded revenue ($1,246,139), suggesting investment or reliance on prior reserves.
What is the trend in the organization's revenue?
Revenue has been highly variable, with a peak of $3,288,520 in 2016 and a low of $669,362 in 2020. More recently, it has been around $1.2 million to $2.0 million, indicating a somewhat unpredictable funding stream.
Are there any concerns about executive pay?
No, there are no concerns about executive pay as officer compensation has been consistently reported as 0% in all available IRS 990 filings, which is excellent for a nonprofit.
What is the organization's asset growth like?
The organization's assets have shown significant growth, increasing from $4,799,459 in 2015 to $7,215,172 in the latest filing, demonstrating a healthy accumulation of resources over time.
Filing History
IRS 990 filing history for Steam Into History Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Steam Into History Inc's revenue has grown by 63.5%, moving from $762K to $1.2M. Total assets increased by 865.5% over the same period, from $731K to $7.1M. Total functional expenses rose by 4032.5%, from $39K to $1.6M. In its most recent filing year (2023), Steam Into History Inc reported a deficit of $373K, with expenses exceeding revenue. The organization holds $2.7M in liabilities against $7.1M in assets (debt-to-asset ratio: 38.4%), resulting in net assets of $4.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.2M | $1.6M | $7.1M | $2.7M | — | — |
| 2022 | $2.0M | $1.5M | $7.5M | $2.8M | — | View 990 |
| 2021 | $1.8M | $1.3M | $6.1M | $1.9M | — | View 990 |
| 2020 | $669K | $1.1M | $5.9M | $2.2M | — | View 990 |
| 2019 | $1.1M | $1.1M | $6.1M | $2.2M | — | View 990 |
| 2018 | $1.6M | $1.2M | $6.5M | $2.5M | — | View 990 |
| 2017 | $1.1M | $1.2M | $6.4M | $2.8M | — | View 990 |
| 2016 | $3.3M | $1.2M | $6.9M | $3.2M | — | View 990 |
| 2015 | $739K | $1.2M | $4.8M | $3.2M | — | View 990 |
| 2014 | $867K | $1.1M | $5.0M | $3.0M | — | View 990 |
| 2013 | $1.8M | $1.1M | $4.8M | $2.7M | — | View 990 |
| 2012 | $288K | $337K | $2.1M | $1.0M | — | View 990 |
| 2011 | $536K | $152K | $1.3M | $227K | — | View 990 |
| 2010 | $762K | $39K | $731K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.2M, expenses of $1.6M, and assets of $7.1M (revenue -38.4% year-over-year).
- 2022: Revenue of $2.0M, expenses of $1.5M, and assets of $7.5M (revenue +11.4% year-over-year).
- 2021: Revenue of $1.8M, expenses of $1.3M, and assets of $6.1M (revenue +171.4% year-over-year).
- 2020: Revenue of $669K, expenses of $1.1M, and assets of $5.9M (revenue -40.4% year-over-year).
- 2019: Revenue of $1.1M, expenses of $1.1M, and assets of $6.1M (revenue -31.8% year-over-year).
- 2018: Revenue of $1.6M, expenses of $1.2M, and assets of $6.5M (revenue +48.6% year-over-year).
- 2017: Revenue of $1.1M, expenses of $1.2M, and assets of $6.4M (revenue -66.3% year-over-year).
- 2016: Revenue of $3.3M, expenses of $1.2M, and assets of $6.9M (revenue +345.1% year-over-year).
- 2015: Revenue of $739K, expenses of $1.2M, and assets of $4.8M (revenue -14.8% year-over-year).
- 2014: Revenue of $867K, expenses of $1.1M, and assets of $5.0M (revenue -51.3% year-over-year).
- 2013: Revenue of $1.8M, expenses of $1.1M, and assets of $4.8M (revenue +518.1% year-over-year).
- 2012: Revenue of $288K, expenses of $337K, and assets of $2.1M (revenue -46.3% year-over-year).
- 2011: Revenue of $536K, expenses of $152K, and assets of $1.3M (revenue -29.7% year-over-year).
- 2010: Revenue of $762K, expenses of $39K, and assets of $731K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Steam Into History Inc:
Data Sources and Methodology
This transparency report for Steam Into History 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.