Union County Historical Society Inc
EIN: 581428153 · Maynardville, TN · NTEE: A54
| Metric | Value |
|---|---|
| Total Revenue | $85K |
| Total Expenses | $42K |
| Net Assets | $78K |
Is Union County Historical Society Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Union County Historical Society Inc
Union County Historical Society Inc (EIN: 581428153) is a nonprofit organization based in Maynardville, TN, classified under NTEE code A54. The organization reported total revenue of $85K and total assets of $133K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Union County Historical Society Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Union County Historical Society Inc is a micro nonprofit that has been operating for 13 years, with 2 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 6.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $26K |
| Total Expenses | $42K |
| Surplus / Deficit | $-16,406 |
| Total Assets | $84K |
| Total Liabilities | $6K |
| Net Assets | $78K |
| Operating Margin | -64.1% |
| Debt-to-Asset Ratio | 7.2% |
| Months of Reserves | 23.9 months |
Financial Health Grade: B
In 2023, Union County Historical Society Inc reported a deficit of $16K with expenses exceeding revenue, holds 23.9 months of operating reserves (strong position), has a debt-to-asset ratio of 7.2% (very low leverage).
Financial Trends
Over 2 years of filings (2011–2023), Union County Historical Society Inc's revenue has grown at a compound annual growth rate (CAGR) of 6.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +104.3% | +185.2% | +52.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2013 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Union County Historical Society 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 Union County Historical Society 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 deficit of $16K, with expenses exceeding revenue.
- Debt-to-asset ratio: 7.2%.
Frequently Asked Questions about Union County Historical Society Inc
Is Union County Historical Society Inc a legitimate charity?
Union County Historical Society Inc (EIN: 581428153) is a registered tax-exempt nonprofit based in Tennessee. It has 2 years of IRS 990 filings on record. Total revenue: $85K. No red flags identified. Financial health grade: B.
How does Union County Historical Society Inc spend its money?
Union County Historical Society Inc reported $85K in total revenue in IRS 990 filings. 2 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Union County Historical Society Inc tax-deductible?
Union County Historical Society Inc is registered as a tax-exempt nonprofit (EIN: 581428153). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Union County Historical Society Inc located?
Union County Historical Society Inc is headquartered in Maynardville, Tennessee and files with the IRS under EIN 581428153. It is classified under NTEE code A54.
How many years of IRS 990 filings does Union County Historical Society Inc have?
Union County Historical Society Inc has 2 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $85K in total revenue.
Filing History
IRS 990 filing history for Union County Historical Society Inc showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2011–2023), Union County Historical Society Inc's revenue has grown by 104.3%, moving from $13K to $26K. Total assets increased by 52.3% over the same period, from $55K to $84K. Total functional expenses rose by 185.2%, from $15K to $42K. In its most recent filing year (2023), Union County Historical Society Inc reported a deficit of $16K, with expenses exceeding revenue. The organization holds $6K in liabilities against $84K in assets (debt-to-asset ratio: 7.2%), resulting in net assets of $78K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $26K | $42K | $84K | $6K | — | View 990 |
| 2011 | $13K | $15K | $55K | $0 | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Union County Historical Society Inc:
Data Sources and Methodology
This transparency report for Union County Historical Society 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.