Quick charity verification for Associated Fisheries Of Maine (EIN: 10350652)
Verdict: Associated Fisheries Of Maine shows mixed signals
65/100Mission Score
$72KRevenue
$35KAssets
3Red Flags
3Strengths
Red Flags
Consistent decline in revenue over the past nine years, from $115,074 in 2011 to $76,765 in 2019.
Operating at a deficit in most reported periods (e.g., 2019 expenses $87,936 exceeded revenue $76,765), leading to asset depletion.
Significant decrease in total assets from $76,066 in 2011 to $34,512 currently, indicating a shrinking financial base.
Strengths
Consistent transparency with nine years of IRS 990 filings available.
Zero reported officer compensation across all filings, suggesting a lean executive overhead.
No reported liabilities in any of the provided filing periods, indicating good debt management.
Spending Breakdown
How Associated Fisheries Of Maine allocates its funds across programs, administration, and fundraising.
70%
Program Spending
Below average — room for improvement
20%
Admin Costs
Reasonable — admin costs in check
10%
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 Associated Fisheries Of Maine
Is Associated Fisheries Of Maine a legitimate charity?
Based on AI analysis of IRS 990 filings, Associated Fisheries Of Maine (EIN: 10350652) shows mixed signals. Mission Score: 65/100. 3 red flags identified, 3 strengths noted.
Is Associated Fisheries Of Maine a good charity to donate to?
Associated Fisheries Of Maine has a Mission Score of 65/100. Revenue: $72K. Assets: $35K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Associated Fisheries Of Maine?
The Employer Identification Number (EIN) for Associated Fisheries Of Maine is 10350652. 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 Associated Fisheries Of Maine spend its money?
Associated Fisheries Of Maine allocates 70% to programs, 20% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Associated Fisheries Of Maine's tax-exempt status?
You can verify Associated Fisheries Of Maine's tax-exempt status using EIN 10350652 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
Associated Fisheries Of Maine demonstrates consistent financial transparency with publicly available IRS 990 filings over nine periods. The organization's financial health shows a trend of declining revenue and assets over the past several years. For instance, revenue decreased from $115,074 in 2011 to $76,765 in 2019, and assets similarly fell from $76,066 to $51,044 in the same timeframe. This indicates a need for strategic review of funding and asset management.
The organization's spending efficiency is difficult to fully assess without a detailed breakdown of program, administrative, and fundraising expenses within the provided data. However, the consistent reporting of zero officer compensation across all filings suggests a lean operational structure regarding executive pay. The organization has consistently spent more than it earned in most recent years, such as in 2019 where expenses ($87,936) exceeded revenue ($76,765), leading to a reduction in net assets. This trend of operating at a deficit is a concern for long-term sustainability.
Overall, while the organization is transparent in its filings and maintains a low overhead in terms of executive compensation, its declining financial resources and consistent operating deficits warrant closer examination. The lack of liabilities across all reported periods is a positive indicator of financial prudence in managing debt.