Associated Fisheries Of Maine
Associated Fisheries Of Maine faces declining revenue and assets, consistently operating at a deficit.
EIN: 10350652 · South Berwick, ME · NTEE: S41 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $72K |
| Total Expenses | $88K |
| Program Spending | 70% |
| Net Assets | $51K |
| Transparency Score | 65/100 |
Is Associated Fisheries Of Maine Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Associated Fisheries Of Maine directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Associated Fisheries Of Maine
Associated Fisheries Of Maine (EIN: 10350652) is a nonprofit organization based in South Berwick, ME, classified under NTEE code S41. The organization reported total revenue of $72K and total assets of $35K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Associated Fisheries Of Maine's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Associated Fisheries Of Maine is a micro nonprofit that has been operating for 25 years, with 9 years of IRS 990 filings on record (2011–2019). Revenue has grown at a compound annual rate of -4.9%.
Key Financial Metrics (2019)
From the most recent IRS 990 filing on record:
| Total Revenue | $77K |
| Total Expenses | $88K |
| Surplus / Deficit | $-11,171 |
| Total Assets | $51K |
| Net Assets | $51K |
| Operating Margin | -14.6% |
| Months of Reserves | 7.0 months |
Financial Health Grade: B
In 2019, Associated Fisheries Of Maine reported a deficit of $11K with expenses exceeding revenue, holds 7.0 months of operating reserves (strong position).
Financial Trends
Over 9 years of filings (2011–2019), Associated Fisheries Of Maine's revenue has declined at a compound annual growth rate (CAGR) of -4.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2019 | -14.7% | +0.6% | -18.0% |
| 2018 | -5.2% | -3.8% | +4.4% |
| 2017 | -10.6% | -11.7% | +7.4% |
| 2016 | -2.4% | +1.1% | +6.4% |
| 2015 | +13.5% | +2.2% | +15.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2001 |
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 Associated Fisheries Of Maine with a Mission Score of 65 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, Associated Fisheries Of Maine allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2019)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $11K, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that the organization's officers are either unpaid volunteers or compensated through other means not categorized as officer compensation, which is a positive for minimizing overhead.
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 Associated Fisheries Of Maine's IRS 990 filings:
- Consistent decline in revenue over the past nine years, from $115,074 in 2011 to $76,765 in 2019.
- Operating at a deficit in most reported periods (e.g., 2019 expenses $87,936 exceeded revenue $76,765), leading to asset depletion.
- Significant decrease in total assets from $76,066 in 2011 to $34,512 currently, indicating a shrinking financial base.
Strengths
The following positive indicators were identified for Associated Fisheries Of Maine:
- Consistent transparency with nine years of IRS 990 filings available.
- Zero reported officer compensation across all filings, suggesting a lean executive overhead.
- No reported liabilities in any of the provided filing periods, indicating good debt management.
Frequently Asked Questions about Associated Fisheries Of Maine
Is Associated Fisheries Of Maine a legitimate charity?
Based on AI analysis of IRS 990 filings, Associated Fisheries Of Maine (EIN: 10350652) some concerns. Mission Score: 65/100. 3 red flags identified, 3 strengths noted.
How does Associated Fisheries Of Maine spend its money?
Associated Fisheries Of Maine directs 70% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Associated Fisheries Of Maine tax-deductible?
Associated Fisheries Of Maine is registered as a tax-exempt nonprofit (EIN: 10350652). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Associated Fisheries Of Maine's spending goes to programs?
Associated Fisheries Of Maine directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
How does Associated Fisheries Of Maine compare to similar nonprofits?
With a transparency score of 65/100 (Good), Associated Fisheries Of Maine is above average for NTEE category S41 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Associated Fisheries Of Maine located?
Associated Fisheries Of Maine is headquartered in South Berwick, Maine and files with the IRS under EIN 10350652. It is classified under NTEE code S41.
How many years of IRS 990 filings does Associated Fisheries Of Maine have?
Associated Fisheries Of Maine has 9 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $72K in total revenue.
Why has Associated Fisheries Of Maine's revenue been consistently declining since 2011?
The provided data shows a clear trend of decreasing revenue, from $115,074 in 2011 to $76,765 in 2019. This could be due to reduced grants, membership fees, or other funding sources, and warrants further investigation into their fundraising strategies and donor base.
How does Associated Fisheries Of Maine plan to address its consistent operating deficits?
In most reported periods, expenses have exceeded revenue (e.g., $87,936 expenses vs. $76,765 revenue in 2019). This trend, if continued, will further deplete assets and impact long-term sustainability. The organization needs a strategy to either increase revenue or reduce expenses.
What is the detailed breakdown of program, administrative, and fundraising expenses?
While a general spending breakdown is estimated, the IRS 990 filings would contain more granular data on how expenses are allocated. Understanding these proportions is crucial for assessing spending efficiency and impact.
Filing History
IRS 990 filing history for Associated Fisheries Of Maine showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2011–2019), Associated Fisheries Of Maine's revenue has declined by 33.3%, moving from $115K to $77K. Total assets decreased by 32.9% over the same period, from $76K to $51K. Total functional expenses fell by 36.1%, from $138K to $88K. In its most recent filing year (2019), Associated Fisheries Of Maine reported a deficit of $11K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2019 | $77K | $88K | $51K | $0 | — | View 990 |
| 2018 | $90K | $87K | $62K | $0 | — | View 990 |
| 2017 | $95K | $91K | $60K | $0 | — | View 990 |
| 2016 | $106K | $103K | $56K | $0 | — | View 990 |
| 2015 | $109K | $102K | $52K | $0 | — | View 990 |
| 2014 | $96K | $100K | $45K | $0 | — | View 990 |
| 2013 | $95K | $105K | $49K | $0 | — | View 990 |
| 2012 | $104K | $122K | $58K | $0 | — | View 990 |
| 2011 | $115K | $138K | $76K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2019: Revenue of $77K, expenses of $88K, and assets of $51K (revenue -14.7% year-over-year).
- 2018: Revenue of $90K, expenses of $87K, and assets of $62K (revenue -5.2% year-over-year).
- 2017: Revenue of $95K, expenses of $91K, and assets of $60K (revenue -10.6% year-over-year).
- 2016: Revenue of $106K, expenses of $103K, and assets of $56K (revenue -2.4% year-over-year).
- 2015: Revenue of $109K, expenses of $102K, and assets of $52K (revenue +13.5% year-over-year).
- 2014: Revenue of $96K, expenses of $100K, and assets of $45K (revenue +0.6% year-over-year).
- 2013: Revenue of $95K, expenses of $105K, and assets of $49K (revenue -8.6% year-over-year).
- 2012: Revenue of $104K, expenses of $122K, and assets of $58K (revenue -9.3% year-over-year).
- 2011: Revenue of $115K, expenses of $138K, and assets of $76K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Associated Fisheries Of Maine:
Data Sources and Methodology
This transparency report for Associated Fisheries Of Maine 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.