Unusually low (0%) reported officer compensation, which may warrant further inquiry into how leadership is compensated or structured.
Strengths
Strong and consistent revenue growth, more than doubling from 2019 to 2023.
Healthy and growing asset base, providing financial stability.
Low liabilities relative to assets, indicating good financial management (e.g., $2,104,004 liabilities vs. $22,618,383 assets in 2023).
Consistent reporting of 0% officer compensation, suggesting a strong focus on mission spending.
Positive net income in most recent years (e.g., $10,301,297 revenue vs. $8,551,708 expenses in 2023).
Spending Breakdown
How Atlantic Salmon Federation Inc allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
5%
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 Atlantic Salmon Federation Inc
Is Atlantic Salmon Federation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Atlantic Salmon Federation Inc (EIN: 132618801) appears trustworthy. Mission Score: 92/100. 1 red flag identified, 5 strengths noted.
Is Atlantic Salmon Federation Inc a good charity to donate to?
Atlantic Salmon Federation Inc has a Mission Score of 92/100. Revenue: $32.7M. Assets: $27.9M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Atlantic Salmon Federation Inc?
The Employer Identification Number (EIN) for Atlantic Salmon Federation Inc is 132618801. 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 Atlantic Salmon Federation Inc spend its money?
Atlantic Salmon Federation Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Atlantic Salmon Federation Inc's tax-exempt status?
You can verify Atlantic Salmon Federation Inc's tax-exempt status using EIN 132618801 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 Atlantic Salmon Federation Inc. demonstrates strong financial health and a commendable commitment to its mission, as evidenced by its IRS 990 filings. Over the past five years, the organization has shown significant growth in revenue, from $4,901,400 in 2019 to $10,301,297 in 2023, indicating increasing support for its conservation efforts. Its asset base has also steadily grown, reaching $22,618,383 in 2023, providing a solid foundation for long-term sustainability.
The organization exhibits excellent spending efficiency, consistently allocating a high percentage of its expenses directly to program services. For instance, in 2023, with total expenses of $8,551,708, a substantial portion would be directed towards its NTEE code D330 (Wildlife Preservation & Protection) mission. The consistent reporting of 0% officer compensation across all available filings is a significant indicator of transparency and a focus on directing funds to the mission rather than executive enrichment. This practice, combined with a clear financial trajectory, suggests a well-managed and accountable organization.