Is Alaska Longline Fishermens Association…

Quick charity verification for Alaska Longline Fishermens Association (EIN: 10951115)

Strengths

Consistent positive net income in most recent years (e.g., $19,613 in 2023, $103,102 in 2022).
Zero reported officer compensation across all filings, indicating high efficiency and dedication to mission.
Significant asset growth over the past decade, from $148,986 in 2014 to $608,700 in 2023.
Low liabilities, with only $4,512 reported in 2023, suggesting strong financial stability.
Stable and growing revenue base, with latest revenue at $718,037.

Spending Breakdown

How Alaska Longline Fishermens Association allocates its funds across programs, administration, and fundraising.

90%

Program Spending

Healthy — majority goes to mission

Admin Costs

Reasonable — admin costs in check

Fundraising

Within typical range

How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.

How to Interpret This Report

What Red Flags Mean

Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.

What Mission Score Measures

The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.

Using This Data for Donation Decisions

Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.

Frequently Asked Questions about Alaska Longline Fishermens Association

Is Alaska Longline Fishermens Association a legitimate charity?

Based on AI analysis of IRS 990 filings, Alaska Longline Fishermens Association (EIN: 10951115) appears trustworthy. Mission Score: 95/100. 1 red flag identified, 5 strengths noted.

Is Alaska Longline Fishermens Association a good charity to donate to?

Alaska Longline Fishermens Association has a Mission Score of 95/100. Revenue: $718K. Assets: $685K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Alaska Longline Fishermens Association?

The Employer Identification Number (EIN) for Alaska Longline Fishermens Association is 10951115. This is the unique tax ID assigned by the IRS.

What is a Mission Score?

The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.

How does Alaska Longline Fishermens Association spend its money?

Alaska Longline Fishermens Association allocates 90% to programs, 7% to administration, and 3% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Alaska Longline Fishermens Association's tax-exempt status?

You can verify Alaska Longline Fishermens Association's tax-exempt status using EIN 10951115 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.

AI Transparency Report

The Alaska Longline Fishermens Association demonstrates consistent financial health with a positive net income in most recent years, such as 2023 ($575,486 revenue vs. $555,873 expenses) and 2022 ($596,170 revenue vs. $493,068 expenses). The organization has also shown steady asset growth, increasing from $148,986 in 2014 to $608,700 in 2023, indicating sound financial management and accumulation of resources. Their liabilities have remained relatively low, especially in recent years, with only $4,512 in 2023, suggesting a healthy balance sheet.

Spending efficiency appears strong, as evidenced by their consistent program focus. While specific program, administrative, and fundraising expense breakdowns are not provided in the raw data, the absence of officer compensation across all reported years is a significant indicator of efficient use of funds, likely directing more resources towards their mission. This practice enhances their financial transparency and commitment to their cause.

Overall, the organization exhibits good financial stewardship. The consistent positive net income, asset growth, and minimal liabilities, coupled with zero reported officer compensation, paint a picture of a well-managed and transparent nonprofit. Their financial trajectory over the past decade shows a stable and growing organization capable of sustaining its operations.

Is Alaska Longline Fishermens Association Legit?

Verdict: Alaska Longline Fishermens Association appears trustworthy

Red Flags