United Society Of Shakers

United Society Of Shakers consistently generates significant surpluses, growing assets to nearly $10 million with no reported officer compensation.

EIN: 10317232 · New Gloucestr, ME · NTEE: X21Z · Updated: 2026-03-28

$5.1MRevenue
$2.5MGross Revenue
$11.9MAssets
90/100Mission Score (Excellent)
X21Z
United Society Of Shakers Financial Summary
MetricValue
Total Revenue$5.1M
Total Expenses$551K
Program Spending85%
Net Assets$9.6M
Transparency Score90/100

Is United Society Of Shakers Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
1 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

United Society Of Shakers directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About United Society Of Shakers

United Society Of Shakers (EIN: 10317232) is a nonprofit organization based in New Gloucestr, ME, classified under NTEE code X21Z. The organization reported total revenue of $5.1M and total assets of $11.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of United Society Of Shakers's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

54Years Operating
Mid-SizeSize Classification
13Years of Filings
MixedRevenue Trajectory

United Society Of Shakers is a mid-size nonprofit that has been operating for 54 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 15.8%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$2.0M
Total Expenses$551K
Surplus / Deficit+$1.4M
Total Assets$9.7M
Total Liabilities$99K
Net Assets$9.6M
Operating Margin72.5%
Debt-to-Asset Ratio1.0%
Months of Reserves211.1 months

Financial Health Grade: A

In 2023, United Society Of Shakers reported a surplus of $1.4M with revenue exceeding expenses, holds 211.1 months of operating reserves (strong position), has a debt-to-asset ratio of 1.0% (very low leverage).

Financial Trends

Over 13 years of filings (2011–2023), United Society Of Shakers's revenue has grown at a compound annual growth rate (CAGR) of 15.8%.

YearRevenue ChangeExpense ChangeAsset Change
2023+99.7%+4.0%+28.8%
2022+26.0%+3.6%-5.8%
2021-40.3%+10.7%+12.6%
2020-40.2%-28.2%+22.9%
2019+336.8%-3.5%+52.9%

IRS Tax-Exempt Classification

IRS Classification Codes7120
IRS Ruling Date1972

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

The United Society Of Shakers demonstrates strong financial health and efficiency based on its recent IRS 990 filings. In the latest reported period (202312), the organization generated $2,000,093 in revenue against $550,839 in expenses, indicating a significant surplus that contributes to its growing asset base, which reached $9,688,562. This trend of revenue exceeding expenses is consistent across multiple years, allowing for substantial asset growth from $3,775,725 in 2018 to nearly $10 million in 2023. The organization's liabilities remain very low relative to its assets, suggesting a stable financial position. The organization's spending efficiency appears high, with expenses consistently well below revenue. While a detailed breakdown of program, administrative, and fundraising expenses is not provided in the summary data, the overall low expense ratio relative to revenue suggests that a significant portion of funds are either retained for future use or directed towards its mission. The absence of reported officer compensation further enhances its perceived efficiency and commitment to its cause. The consistent filing of IRS 990s over 13 periods indicates a commitment to transparency.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates United Society Of Shakers with a Mission Score of 90 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

According to IRS 990 filings, United Society Of Shakers allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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:

$2.0MTotal Revenue
$551KTotal Expenses
$9.7MTotal Assets
$99KTotal Liabilities
$9.6MNet Assets

Executive Compensation Analysis

The United Society Of Shakers reports 0% officer compensation across all available filings, indicating that no salaries or other compensation are paid to its officers, which is highly unusual for an organization of its size and asset base.

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 United Society Of Shakers's IRS 990 filings:

Strengths

The following positive indicators were identified for United Society Of Shakers:

Frequently Asked Questions about United Society Of Shakers

Is United Society Of Shakers a legitimate charity?

Based on AI analysis of IRS 990 filings, United Society Of Shakers (EIN: 10317232) some concerns. Mission Score: 90/100. 1 red flag identified, 5 strengths noted.

How does United Society Of Shakers spend its money?

United Society Of Shakers directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.

Are donations to United Society Of Shakers tax-deductible?

United Society Of Shakers is registered as a tax-exempt nonprofit (EIN: 10317232). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

What percentage of United Society Of Shakers's spending goes to programs?

United Society Of Shakers directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

How does United Society Of Shakers compare to similar nonprofits?

With a transparency score of 90/100 (Excellent), United Society Of Shakers is above average for NTEE category X21Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is United Society Of Shakers located?

United Society Of Shakers is headquartered in New Gloucestr, Maine and files with the IRS under EIN 10317232. It is classified under NTEE code X21Z.

How many years of IRS 990 filings does United Society Of Shakers have?

United Society Of Shakers 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 $5.1M in total revenue.

Is United Society Of Shakers a good charity?

Based on the financial data, the United Society Of Shakers appears to be a financially sound and efficient organization. It consistently generates significant revenue surpluses, has a growing asset base, and reports no officer compensation, which are all positive indicators of responsible financial management.

How has the organization's financial health changed over time?

The organization's financial health has significantly improved, with assets growing from $3,775,725 in 2018 to $9,688,562 in 2023. Revenue has also shown strong growth, particularly in recent years, consistently outpacing expenses.

What is the organization's approach to executive compensation?

The United Society Of Shakers reports 0% officer compensation in all available filings, suggesting that its leadership serves without direct financial compensation from the organization.

Are there any concerns regarding the organization's liabilities?

No, the organization's liabilities are consistently very low relative to its assets. For example, in 202312, liabilities were $98,504 against assets of $9,688,562, indicating a very strong balance sheet.

Filing History

IRS 990 filing history for United Society Of Shakers showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), United Society Of Shakers's revenue has grown by 482.8%, moving from $343K to $2.0M. Total assets increased by 198.6% over the same period, from $3.2M to $9.7M. Total functional expenses rose by 85%, from $298K to $551K. In its most recent filing year (2023), United Society Of Shakers reported a surplus of $1.4M, with revenue exceeding expenses. The organization holds $99K in liabilities against $9.7M in assets (debt-to-asset ratio: 1.0%), resulting in net assets of $9.6M.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $2.0M $551K $9.7M $99K View 990
2022 $1.0M $530K $7.5M $21K View 990
2021 $795K $511K $8.0M $38K View 990
2020 $1.3M $462K $7.1M $59K View 990
2019 $2.2M $643K $5.8M $9K View 990
2018 $510K $666K $3.8M $17K View 990
2017 $511K $646K $4.1M $9K View 990
2016 $420K $428K $3.9M $12K View 990
2015 $482K $418K $3.8M $6K View 990
2014 $503K $410K $4.0M $15K View 990
2013 $585K $349K $3.9M $43K View 990
2012 $401K $365K $3.3M $6K View 990
2011 $343K $298K $3.2M $6K View 990

Year-by-Year Financial Summary

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for United Society Of Shakers:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for United Society Of Shakers 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.

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