Is Save Our Shores Maine Legit?

Save Our Shores Maine demonstrates a generally stable financial position, with assets consistently growing from $145,652 in 2016 to $206,897 currently. The organization's revenue has fluctuated significantly, from a high of $31,540 in 2022 to a low of $7,696 in 2023, before rebounding to $18,382 in 2024. This variability in revenue, while not uncommon for smaller nonprofits, suggests a need for diversified funding strategies to ensure long-term sustainability. Their consistent reporting of zero liabilities across all available filings indicates strong financial management and a lack of debt, which is a positive indicator of fiscal health. The organization's spending efficiency appears to be strong, particularly given the absence of reported officer compensation in all filings, suggesting a volunteer-led or very lean operational structure. With total expenses of $16,965 against revenue of $18,382 in the latest period, they are operating within their means. The NTEE code C300 (Environmental Protection & Conservation) aligns with their mission, and the financial data suggests resources are likely directed towards program activities given the low overhead implied by zero officer compensation. However, without a detailed breakdown of expenses, it's difficult to precisely assess the program spending ratio. Transparency is high, as evidenced by the readily available filing history and consistent reporting. The organization's commitment to its mission is further supported by the lack of executive compensation, indicating that resources are not being diverted to high salaries. While the overall financial scale is modest, Save Our Shores Maine appears to be a well-managed and fiscally responsible organization, effectively utilizing its resources for its stated environmental protection goals.