Steamship Historical Society Of America Inc
EIN: 546053001 · Warwick, RI · NTEE: A80
| Metric | Value |
|---|---|
| Total Revenue | $706K |
| Total Expenses | $614K |
| Net Assets | $608K |
Is Steamship Historical Society Of America Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Steamship Historical Society Of America Inc
Steamship Historical Society Of America Inc (EIN: 546053001) is a nonprofit organization based in Warwick, RI, classified under NTEE code A80. The organization reported total revenue of $706K and total assets of $852K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Steamship Historical Society Of America Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Steamship Historical Society Of America Inc is a small nonprofit that has been operating for 16 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 7.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $627K |
| Total Expenses | $614K |
| Surplus / Deficit | +$13K |
| Total Assets | $1.1M |
| Total Liabilities | $457K |
| Net Assets | $608K |
| Operating Margin | 2.0% |
| Debt-to-Asset Ratio | 42.9% |
| Months of Reserves | 20.8 months |
Financial Health Grade: A
In 2023, Steamship Historical Society Of America Inc reported a surplus of $13K with revenue exceeding expenses, holds 20.8 months of operating reserves (strong position), has a debt-to-asset ratio of 42.9% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Steamship Historical Society Of America Inc's revenue has grown at a compound annual growth rate (CAGR) of 7.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +5.6% | +11.6% | -14.6% |
| 2022 | -45.8% | +1.7% | -22.8% |
| 2021 | +21.4% | -18.4% | -39.5% |
| 2020 | +60.4% | +4.4% | +61.6% |
| 2019 | +60.7% | +10.1% | -11.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2010 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Steamship Historical Society Of America 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 Steamship Historical Society Of America 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 $13K, with revenue exceeding expenses.
- Debt-to-asset ratio: 42.9%.
Frequently Asked Questions about Steamship Historical Society Of America Inc
Is Steamship Historical Society Of America Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Steamship Historical Society Of America Inc (EIN: 546053001) insufficient data. 0 red flags identified, 0 strengths noted.
How does Steamship Historical Society Of America Inc spend its money?
Detailed spending breakdown data is not yet available for Steamship Historical Society Of America Inc. Check back for updated IRS 990 analysis.
Are donations to Steamship Historical Society Of America Inc tax-deductible?
Steamship Historical Society Of America Inc is registered as a tax-exempt nonprofit (EIN: 546053001). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Steamship Historical Society Of America Inc located?
Steamship Historical Society Of America Inc is headquartered in Warwick, Rhode Island and files with the IRS under EIN 546053001. It is classified under NTEE code A80.
How many years of IRS 990 filings does Steamship Historical Society Of America Inc have?
Steamship Historical Society Of America Inc has 13 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 $706K in total revenue.
Filing History
IRS 990 filing history for Steamship Historical Society Of America Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Steamship Historical Society Of America Inc's revenue has grown by 129.3%, moving from $273K to $627K. Total assets decreased by 48.6% over the same period, from $2.1M to $1.1M. Total functional expenses rose by 24.2%, from $495K to $614K. In its most recent filing year (2023), Steamship Historical Society Of America Inc reported a surplus of $13K, with revenue exceeding expenses. The organization holds $457K in liabilities against $1.1M in assets (debt-to-asset ratio: 42.9%), resulting in net assets of $608K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $627K | $614K | $1.1M | $457K | — | — |
| 2022 | $594K | $550K | $1.2M | $490K | — | — |
| 2021 | $1.1M | $541K | $1.6M | $719K | — | View 990 |
| 2020 | $902K | $664K | $2.7M | $792K | — | View 990 |
| 2019 | $562K | $635K | $1.6M | $0 | — | View 990 |
| 2018 | $350K | $577K | $1.9M | $146K | — | View 990 |
| 2017 | $539K | $571K | $2.1M | $150K | — | — |
| 2016 | $371K | $509K | $2.0M | $38K | — | View 990 |
| 2015 | $524K | $513K | $2.1M | $15K | — | View 990 |
| 2014 | $382K | $544K | $2.1M | $0 | — | View 990 |
| 2013 | $554K | $492K | $2.3M | $0 | — | View 990 |
| 2012 | $563K | $451K | $2.2M | $282 | — | View 990 |
| 2011 | $273K | $495K | $2.1M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $627K, expenses of $614K, and assets of $1.1M (revenue +5.6% year-over-year).
- 2022: Revenue of $594K, expenses of $550K, and assets of $1.2M (revenue -45.8% year-over-year).
- 2021: Revenue of $1.1M, expenses of $541K, and assets of $1.6M (revenue +21.4% year-over-year).
- 2020: Revenue of $902K, expenses of $664K, and assets of $2.7M (revenue +60.4% year-over-year).
- 2019: Revenue of $562K, expenses of $635K, and assets of $1.6M (revenue +60.7% year-over-year).
- 2018: Revenue of $350K, expenses of $577K, and assets of $1.9M (revenue -35.1% year-over-year).
- 2017: Revenue of $539K, expenses of $571K, and assets of $2.1M (revenue +45.1% year-over-year).
- 2016: Revenue of $371K, expenses of $509K, and assets of $2.0M (revenue -29.2% year-over-year).
- 2015: Revenue of $524K, expenses of $513K, and assets of $2.1M (revenue +37.3% year-over-year).
- 2014: Revenue of $382K, expenses of $544K, and assets of $2.1M (revenue -31.0% year-over-year).
- 2013: Revenue of $554K, expenses of $492K, and assets of $2.3M (revenue -1.6% year-over-year).
- 2012: Revenue of $563K, expenses of $451K, and assets of $2.2M (revenue +105.9% year-over-year).
- 2011: Revenue of $273K, expenses of $495K, and assets of $2.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Steamship Historical Society Of America Inc:
Data Sources and Methodology
This transparency report for Steamship Historical Society Of America 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.