Is Old Salt Fishing Foundation Inc Legit?

Old Salt Fishing Foundation Inc demonstrates consistent financial activity, with revenues and expenses generally tracking closely over the past decade. In 2022, the organization reported revenues of $1,138,290 against expenses of $1,080,572, resulting in a modest surplus. While the organization's assets have grown to $101,785 in 2022, they remain relatively low compared to its annual revenue, suggesting a lean operational model. The consistent reporting of zero officer compensation across all available filings indicates a high degree of volunteer leadership, which is a positive sign for donor confidence and efficient use of funds. However, without detailed expense breakdowns for program, administrative, and fundraising costs, a precise assessment of spending efficiency is challenging. The organization's consistent filing history and lack of reported officer compensation contribute positively to its transparency profile.