Atlantic Maritime Officers Association
EIN: 236296806 · Bowdoinham, ME
| Metric | Value |
|---|---|
| Total Revenue | $65K |
| Total Expenses | $56K |
| Net Assets | $437K |
Is Atlantic Maritime Officers Association Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Atlantic Maritime Officers Association
Atlantic Maritime Officers Association (EIN: 236296806) is a nonprofit organization based in Bowdoinham, ME. The organization reported total revenue of $65K and total assets of $468K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Atlantic Maritime Officers Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Atlantic Maritime Officers Association is a micro nonprofit that has been operating for 82 years, with 12 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 0.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $65K |
| Total Expenses | $56K |
| Surplus / Deficit | +$8K |
| Total Assets | $437K |
| Total Liabilities | $3 |
| Net Assets | $437K |
| Operating Margin | 12.7% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 93.2 months |
Financial Health Grade: A
In 2023, Atlantic Maritime Officers Association reported a surplus of $8K with revenue exceeding expenses, holds 93.2 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 12 years of filings (2011–2023), Atlantic Maritime Officers Association's revenue has grown at a compound annual growth rate (CAGR) of 0.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -0.6% | +7.3% | +0.2% |
| 2022 | +2.0% | -0.6% | +2.5% |
| 2021 | -2.6% | +11.7% | +3.8% |
| 2020 | +0.8% | -13.2% | +5.8% |
| 2019 | -0.1% | +2.3% | +2.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 3000 |
| IRS Ruling Date | 1944 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Atlantic Maritime Officers Association has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Atlantic Maritime Officers Association with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $8K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Atlantic Maritime Officers Association
Is Atlantic Maritime Officers Association a legitimate charity?
Based on AI analysis of IRS 990 filings, Atlantic Maritime Officers Association (EIN: 236296806) insufficient data. 0 red flags identified, 0 strengths noted.
How does Atlantic Maritime Officers Association spend its money?
Detailed spending breakdown data is not yet available for Atlantic Maritime Officers Association. Check back for updated IRS 990 analysis.
Are donations to Atlantic Maritime Officers Association tax-deductible?
Atlantic Maritime Officers Association is registered as a tax-exempt nonprofit (EIN: 236296806). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Atlantic Maritime Officers Association located?
Atlantic Maritime Officers Association is headquartered in Bowdoinham, Maine and files with the IRS under EIN 236296806.
How many years of IRS 990 filings does Atlantic Maritime Officers Association have?
Atlantic Maritime Officers Association has 12 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 $65K in total revenue.
Filing History
IRS 990 filing history for Atlantic Maritime Officers Association showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2023), Atlantic Maritime Officers Association's revenue has grown by 5%, moving from $61K to $65K. Total assets increased by 36.9% over the same period, from $319K to $437K. Total functional expenses rose by 24.4%, from $45K to $56K. In its most recent filing year (2023), Atlantic Maritime Officers Association reported a surplus of $8K, with revenue exceeding expenses. The organization holds $3 in liabilities against $437K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $437K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $65K | $56K | $437K | $3 | — | — |
| 2022 | $65K | $52K | $436K | $7K | — | — |
| 2021 | $64K | $53K | $426K | $9K | — | — |
| 2020 | $65K | $47K | $410K | $4K | — | — |
| 2019 | $65K | $54K | $388K | $0 | — | View 990 |
| 2018 | $65K | $53K | $377K | $0 | — | View 990 |
| 2017 | $64K | $49K | $365K | $0 | — | View 990 |
| 2016 | $64K | $56K | $351K | $419 | — | View 990 |
| 2015 | $64K | $38K | $342K | $200 | — | View 990 |
| 2014 | $68K | $49K | $316K | $200 | — | View 990 |
| 2012 | $66K | $46K | $339K | $0 | — | View 990 |
| 2011 | $61K | $45K | $319K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $65K, expenses of $56K, and assets of $437K (revenue -0.6% year-over-year).
- 2022: Revenue of $65K, expenses of $52K, and assets of $436K (revenue +2.0% year-over-year).
- 2021: Revenue of $64K, expenses of $53K, and assets of $426K (revenue -2.6% year-over-year).
- 2020: Revenue of $65K, expenses of $47K, and assets of $410K (revenue +0.8% year-over-year).
- 2019: Revenue of $65K, expenses of $54K, and assets of $388K (revenue -0.1% year-over-year).
- 2018: Revenue of $65K, expenses of $53K, and assets of $377K (revenue +1.7% year-over-year).
- 2017: Revenue of $64K, expenses of $49K, and assets of $365K (revenue -0.3% year-over-year).
- 2016: Revenue of $64K, expenses of $56K, and assets of $351K (revenue +-0.0% year-over-year).
- 2015: Revenue of $64K, expenses of $38K, and assets of $342K (revenue -5.9% year-over-year).
- 2014: Revenue of $68K, expenses of $49K, and assets of $316K (revenue +3.7% year-over-year).
- 2012: Revenue of $66K, expenses of $46K, and assets of $339K (revenue +6.8% year-over-year).
- 2011: Revenue of $61K, expenses of $45K, and assets of $319K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Atlantic Maritime Officers Association:
Data Sources and Methodology
This transparency report for Atlantic Maritime Officers 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.