Weld Historical Society
EIN: 510137739 · Weld, ME · NTEE: A54
| Metric | Value |
|---|---|
| Total Revenue | $13K |
| Total Expenses | $34K |
| Net Assets | $957K |
Is Weld Historical Society Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Weld Historical Society
Weld Historical Society (EIN: 510137739) is a nonprofit organization based in Weld, ME, classified under NTEE code A54. The organization reported total revenue of $13K and total assets of $957K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Weld Historical Society's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Weld Historical Society is a micro nonprofit that has been operating for 14 years, with 5 years of IRS 990 filings on record (2020–2024). Revenue has grown at a compound annual rate of -38.4%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $13K |
| Total Expenses | $34K |
| Surplus / Deficit | $-21,159 |
| Total Assets | $957K |
| Net Assets | $957K |
| Operating Margin | -164.8% |
| Months of Reserves | 337.7 months |
Financial Health Grade: B
In 2024, Weld Historical Society reported a deficit of $21K with expenses exceeding revenue, holds 337.7 months of operating reserves (strong position).
Financial Trends
Over 5 years of filings (2020–2024), Weld Historical Society's revenue has declined at a compound annual growth rate (CAGR) of -38.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -24.7% | +37.4% | +4.2% |
| 2023 | -98.0% | -12.8% | +1.2% |
| 2022 | +3226.6% | -40.0% | +824.7% |
| 2021 | -71.9% | +572.7% | -18.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2012 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Weld Historical Society 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 Weld Historical Society 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $21K, with expenses exceeding revenue.
Frequently Asked Questions about Weld Historical Society
Is Weld Historical Society a legitimate charity?
Based on AI analysis of IRS 990 filings, Weld Historical Society (EIN: 510137739) insufficient data. 0 red flags identified, 0 strengths noted.
How does Weld Historical Society spend its money?
Detailed spending breakdown data is not yet available for Weld Historical Society. Check back for updated IRS 990 analysis.
Are donations to Weld Historical Society tax-deductible?
Weld Historical Society is registered as a tax-exempt nonprofit (EIN: 510137739). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Weld Historical Society located?
Weld Historical Society is headquartered in Weld, Maine and files with the IRS under EIN 510137739. It is classified under NTEE code A54.
How many years of IRS 990 filings does Weld Historical Society have?
Weld Historical Society has 5 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 $13K in total revenue.
Filing History
IRS 990 filing history for Weld Historical Society showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2020–2024), Weld Historical Society's revenue has declined by 85.6%, moving from $89K to $13K. Total assets increased by 695.5% over the same period, from $120K to $957K. Total functional expenses rose by 383.4%, from $7K to $34K. In its most recent filing year (2024), Weld Historical Society reported a deficit of $21K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $13K | $34K | $957K | $0 | — | — |
| 2023 | $17K | $25K | $918K | $0 | — | View 990 |
| 2022 | $837K | $28K | $907K | $0 | — | View 990 |
| 2021 | $25K | $47K | $98K | $4 | — | View 990 |
| 2020 | $89K | $7K | $120K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $13K, expenses of $34K, and assets of $957K (revenue -24.7% year-over-year).
- 2023: Revenue of $17K, expenses of $25K, and assets of $918K (revenue -98.0% year-over-year).
- 2022: Revenue of $837K, expenses of $28K, and assets of $907K (revenue +3226.6% year-over-year).
- 2021: Revenue of $25K, expenses of $47K, and assets of $98K (revenue -71.9% year-over-year).
- 2020: Revenue of $89K, expenses of $7K, and assets of $120K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Weld Historical Society:
Data Sources and Methodology
This transparency report for Weld 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.