Alaska Longline Fishermens Association
Alaska Longline Fishermens Association consistently operates with positive net income and zero officer compensation.
EIN: 10951115 · Sitka, AK · NTEE: S41 · Updated: 2026-03-27
Is Alaska Longline Fishermens Association Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Alaska Longline Fishermens Association directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Alaska Longline Fishermens Association
Alaska Longline Fishermens Association (EIN: 10951115) is a nonprofit organization based in Sitka, AK, classified under NTEE code S41. The organization reported total revenue of $718K and total assets of $685K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Alaska Longline Fishermens Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Alaska Longline Fishermens Association is a small nonprofit that has been operating for 16 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $575K |
| Total Expenses | $556K |
| Surplus / Deficit | +$20K |
| Total Assets | $609K |
| Total Liabilities | $5K |
| Net Assets | $604K |
| Operating Margin | 3.4% |
| Debt-to-Asset Ratio | 0.7% |
| Months of Reserves | 13.1 months |
Financial Health Grade: A
In 2023, Alaska Longline Fishermens Association reported a surplus of $20K with revenue exceeding expenses, holds 13.1 months of operating reserves (strong position), has a debt-to-asset ratio of 0.7% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Alaska Longline Fishermens Association's revenue has grown at a compound annual growth rate (CAGR) of 4.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -3.5% | +12.7% | -1.0% |
| 2022 | +35.5% | +29.8% | +18.2% |
| 2021 | -49.6% | -43.0% | +3.2% |
| 2020 | +5.6% | -16.6% | +93.9% |
| 2019 | +24.7% | +28.0% | -24.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2010 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Alaska Longline Fishermens Association with a Mission Score of 95 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Alaska Longline Fishermens Association allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $20K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.7%.
Executive Compensation Analysis
The organization reports 0% officer compensation across all available filings, indicating that no salaries or other compensation were paid to officers, which is highly unusual and suggests a volunteer-led or very lean executive structure, directing more funds to programs.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Alaska Longline Fishermens Association's IRS 990 filings:
- Lack of detailed expense breakdown (program, admin, fundraising) in provided data prevents precise efficiency calculation.
Strengths
The following positive indicators were identified for Alaska Longline Fishermens Association:
- Consistent positive net income in most recent years (e.g., $19,613 in 2023, $103,102 in 2022).
- Zero reported officer compensation across all filings, indicating high efficiency and dedication to mission.
- Significant asset growth over the past decade, from $148,986 in 2014 to $608,700 in 2023.
- Low liabilities, with only $4,512 reported in 2023, suggesting strong financial stability.
- Stable and growing revenue base, with latest revenue at $718,037.
Frequently Asked Questions about Alaska Longline Fishermens Association
Is Alaska Longline Fishermens Association a legitimate charity?
Based on AI analysis of IRS 990 filings, Alaska Longline Fishermens Association (EIN: 10951115) some concerns. Mission Score: 95/100. 1 red flag identified, 5 strengths noted.
How does Alaska Longline Fishermens Association spend its money?
Alaska Longline Fishermens Association directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Alaska Longline Fishermens Association tax-deductible?
Alaska Longline Fishermens Association is registered as a tax-exempt nonprofit (EIN: 10951115). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Alaska Longline Fishermens Association a good charity?
Based on the provided financial data, the Alaska Longline Fishermens Association appears to be a very good charity. They consistently operate with a positive net income, have growing assets, low liabilities, and notably report 0% officer compensation across all filings, suggesting a strong commitment to directing funds towards their mission.
How has the organization's financial health changed over the past decade?
The organization's financial health has significantly improved over the past decade. Assets grew from $148,986 in 2014 to $608,700 in 2023, and revenue has generally trended upwards, indicating growth and stability. Liabilities have also remained low, demonstrating prudent financial management.
What is the trend in their revenue and expenses?
Revenue and expenses have generally increased over the decade, with revenue often exceeding expenses, leading to positive net income. For example, in 2023, revenue was $575,486 against expenses of $555,873, and in 2022, revenue was $596,170 against expenses of $493,068.
Filing History
IRS 990 filing history for Alaska Longline Fishermens Association showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Alaska Longline Fishermens Association's revenue has grown by 74.5%, moving from $330K to $575K. Total assets increased by 139.4% over the same period, from $254K to $609K. Total functional expenses rose by 80.6%, from $308K to $556K. In its most recent filing year (2023), Alaska Longline Fishermens Association reported a surplus of $20K, with revenue exceeding expenses. The organization holds $5K in liabilities against $609K in assets (debt-to-asset ratio: 0.7%), resulting in net assets of $604K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $575K | $556K | $609K | $5K | — | — |
| 2022 | $596K | $493K | $615K | $30K | — | View 990 |
| 2021 | $440K | $380K | $520K | $6K | — | View 990 |
| 2020 | $873K | $666K | $504K | $50K | — | View 990 |
| 2019 | $827K | $799K | $260K | $13K | — | View 990 |
| 2018 | $663K | $624K | $346K | $127K | — | View 990 |
| 2017 | $586K | $524K | $264K | $84K | — | View 990 |
| 2016 | $604K | $628K | $244K | $126K | — | View 990 |
| 2015 | $337K | $317K | $319K | $177K | — | View 990 |
| 2014 | $307K | $284K | $149K | $2K | — | View 990 |
| 2013 | $324K | $327K | $245K | $122K | — | View 990 |
| 2012 | $333K | $335K | $265K | $139K | — | View 990 |
| 2011 | $330K | $308K | $254K | $126K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $575K, expenses of $556K, and assets of $609K (revenue -3.5% year-over-year).
- 2022: Revenue of $596K, expenses of $493K, and assets of $615K (revenue +35.5% year-over-year).
- 2021: Revenue of $440K, expenses of $380K, and assets of $520K (revenue -49.6% year-over-year).
- 2020: Revenue of $873K, expenses of $666K, and assets of $504K (revenue +5.6% year-over-year).
- 2019: Revenue of $827K, expenses of $799K, and assets of $260K (revenue +24.7% year-over-year).
- 2018: Revenue of $663K, expenses of $624K, and assets of $346K (revenue +13.1% year-over-year).
- 2017: Revenue of $586K, expenses of $524K, and assets of $264K (revenue -2.9% year-over-year).
- 2016: Revenue of $604K, expenses of $628K, and assets of $244K (revenue +79.0% year-over-year).
- 2015: Revenue of $337K, expenses of $317K, and assets of $319K (revenue +9.8% year-over-year).
- 2014: Revenue of $307K, expenses of $284K, and assets of $149K (revenue -5.3% year-over-year).
- 2013: Revenue of $324K, expenses of $327K, and assets of $245K (revenue -2.5% year-over-year).
- 2012: Revenue of $333K, expenses of $335K, and assets of $265K (revenue +0.9% year-over-year).
- 2011: Revenue of $330K, expenses of $308K, and assets of $254K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Alaska Longline Fishermens Association:
Data Sources and Methodology
This transparency report for Alaska Longline Fishermens Association is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.