Association Of Genuine Alaska Pollock Producers
Association Of Genuine Alaska Pollock Producers reports a $1.3 million deficit in its latest fiscal period despite consistent asset levels.
EIN: 200455541 · Bellevue, WA · NTEE: S41 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $4.7M |
| Total Expenses | $5.3M |
| Program Spending | 80% |
| CEO/Top Officer Pay | $4,741,195. |
| Net Assets | $3.0M |
| Transparency Score | 85/100 |
Is Association Of Genuine Alaska Pollock Producers Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Association Of Genuine Alaska Pollock Producers directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Association Of Genuine Alaska Pollock Producers
Association Of Genuine Alaska Pollock Producers (EIN: 200455541) is a nonprofit organization based in Bellevue, WA, classified under NTEE code S41. The organization reported total revenue of $4.7M and total assets of $3.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Association Of Genuine Alaska Pollock Producers's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Association Of Genuine Alaska Pollock Producers is a mid-size nonprofit that has been operating for 7 years, with 6 years of IRS 990 filings on record (2018–2023). Revenue has grown at a compound annual rate of 13.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.9M |
| Total Expenses | $5.3M |
| Surplus / Deficit | $-1,358,474 |
| Total Assets | $3.0M |
| Total Liabilities | $16K |
| Net Assets | $3.0M |
| Operating Margin | -34.7% |
| Debt-to-Asset Ratio | 0.5% |
| Months of Reserves | 6.9 months |
Financial Health Grade: B
In 2023, Association Of Genuine Alaska Pollock Producers reported a deficit of $1.4M with expenses exceeding revenue, holds 6.9 months of operating reserves (strong position), has a debt-to-asset ratio of 0.5% (very low leverage).
Financial Trends
Over 6 years of filings (2018–2023), Association Of Genuine Alaska Pollock Producers's revenue has grown at a compound annual growth rate (CAGR) of 13.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +8.7% | +87.8% | -30.7% |
| 2022 | +0.5% | -21.4% | +22.0% |
| 2021 | +6.8% | +4.9% | -0.3% |
| 2020 | -14.2% | +57.9% | -1.4% |
| 2019 | +85.1% | +112.2% | +95.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2019 |
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 Association Of Genuine Alaska Pollock Producers with a Mission Score of 85 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Association Of Genuine Alaska Pollock Producers allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% 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 deficit of $1.4M, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.5%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, suggesting either volunteer leadership or compensation levels that do not meet IRS reporting thresholds for officers, which is a positive indicator of efficient use of funds for an organization of its size with latest revenue of $4,741,195.
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 Association Of Genuine Alaska Pollock Producers's IRS 990 filings:
- Significant operating deficit in the most recent fiscal period (202312), with expenses exceeding revenue by over $1.3 million.
Strengths
The following positive indicators were identified for Association Of Genuine Alaska Pollock Producers:
- Consistent asset base, generally above $3 million in recent years, providing financial stability.
- No reported officer compensation across all filings, indicating efficient use of funds or volunteer leadership.
- Demonstrated revenue growth over the past five years, from $2.1 million in 201812 to $3.9 million in 202312.
Frequently Asked Questions about Association Of Genuine Alaska Pollock Producers
Is Association Of Genuine Alaska Pollock Producers a legitimate charity?
Association Of Genuine Alaska Pollock Producers (EIN: 200455541) is a registered tax-exempt nonprofit based in Washington. Our AI analysis gives it a Mission Score of 85/100. It has 6 years of IRS 990 filings on record. Total revenue: $4.7M. 1 red flag identified. 3 strengths noted. Financial health grade: B.
How does Association Of Genuine Alaska Pollock Producers spend its money?
Association Of Genuine Alaska Pollock Producers directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Association Of Genuine Alaska Pollock Producers tax-deductible?
Association Of Genuine Alaska Pollock Producers is registered as a tax-exempt nonprofit (EIN: 200455541). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Association Of Genuine Alaska Pollock Producers CEO make?
Association Of Genuine Alaska Pollock Producers's highest-compensated officer earns $4,741,195. annually. The organization reported $4.7M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Association Of Genuine Alaska Pollock Producers's spending goes to programs?
Association Of Genuine Alaska Pollock Producers directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Association Of Genuine Alaska Pollock Producers compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Association Of Genuine Alaska Pollock Producers 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 Association Of Genuine Alaska Pollock Producers located?
Association Of Genuine Alaska Pollock Producers is headquartered in Bellevue, Washington and files with the IRS under EIN 200455541. It is classified under NTEE code S41.
How many years of IRS 990 filings does Association Of Genuine Alaska Pollock Producers have?
Association Of Genuine Alaska Pollock Producers has 6 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 $4.7M in total revenue.
Is Association Of Genuine Alaska Pollock Producers a good charity?
As a trade association (NTEE S41), it's not a traditional charity but rather promotes an industry. Its financial health is generally stable, though the recent deficit in 202312 (expenses $5,270,826 vs. revenue $3,912,352) warrants monitoring. The lack of reported officer compensation is a strong positive.
What caused the significant deficit in the 202312 period?
The IRS 990 data alone does not specify the cause of the $1,358,474 deficit in 202312. It could be due to increased program spending, one-time investments, or a temporary dip in revenue. Further investigation into the detailed expense breakdown would be needed.
How has the organization's revenue trended over the past few years?
Revenue has shown growth, from $2,113,008 in 201812 to $3,912,352 in 202312, with a peak of $4,741,195 in the latest reported revenue. This indicates a generally increasing financial capacity.
Filing History
IRS 990 filing history for Association Of Genuine Alaska Pollock Producers showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2018–2023), Association Of Genuine Alaska Pollock Producers's revenue has grown by 85.2%, moving from $2.1M to $3.9M. Total assets increased by 62.3% over the same period, from $1.9M to $3.0M. Total functional expenses rose by 419.2%, from $1.0M to $5.3M. In its most recent filing year (2023), Association Of Genuine Alaska Pollock Producers reported a deficit of $1.4M, with expenses exceeding revenue. The organization holds $16K in liabilities against $3.0M in assets (debt-to-asset ratio: 0.5%), resulting in net assets of $3.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $3.9M | $5.3M | $3.0M | $16K | — | View 990 |
| 2022 | $3.6M | $2.8M | $4.4M | $10K | — | — |
| 2021 | $3.6M | $3.6M | $3.6M | $9K | — | View 990 |
| 2020 | $3.4M | $3.4M | $3.6M | $33K | — | — |
| 2019 | $3.9M | $2.2M | $3.7M | $36K | — | View 990 |
| 2018 | $2.1M | $1.0M | $1.9M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.9M, expenses of $5.3M, and assets of $3.0M (revenue +8.7% year-over-year).
- 2022: Revenue of $3.6M, expenses of $2.8M, and assets of $4.4M (revenue +0.5% year-over-year).
- 2021: Revenue of $3.6M, expenses of $3.6M, and assets of $3.6M (revenue +6.8% year-over-year).
- 2020: Revenue of $3.4M, expenses of $3.4M, and assets of $3.6M (revenue -14.2% year-over-year).
- 2019: Revenue of $3.9M, expenses of $2.2M, and assets of $3.7M (revenue +85.1% year-over-year).
- 2018: Revenue of $2.1M, expenses of $1.0M, and assets of $1.9M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Association Of Genuine Alaska Pollock Producers:
Data Sources and Methodology
This transparency report for Association Of Genuine Alaska Pollock Producers 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.