Is Gulf Of Maine Marine Education Association Legit?
Quick charity verification for Gulf Of Maine Marine Education Association (EIN: 10412164)
Verdict: Gulf Of Maine Marine Education Association shows mixed signals
60/100Mission Score
$0Revenue
$0Assets
2Red Flags
2Strengths
Red Flags
Latest reported revenue and assets are $0, indicating potential inactivity or dissolution.
Significant gap in financial data, with the latest detailed filing being from 2019.
Strengths
No reported liabilities in 2019, indicating financial prudence.
No officer compensation reported in 2019, suggesting efficient use of funds or volunteer leadership.
AI Transparency Report
The Gulf Of Maine Marine Education Association appears to be in a nascent or transitional phase, as indicated by its latest reported revenue and assets of $0. However, its most recent available filing from the 201909 period shows a more active financial picture with $226,915 in revenue and $167,561 in expenses, resulting in a surplus for that period. The organization reported $80,777 in assets and $0 in liabilities, suggesting a healthy balance sheet at that time. The significant discrepancy between the latest reported $0 figures and the 2019 filing raises questions about its current operational status and financial health, making a definitive assessment challenging without more current data. The lack of officer compensation reported in 2019 suggests either a volunteer-led organization or that compensation was not reported under that specific line item.