Atlantic Salmon For Northern Maine Inc
Atlantic Salmon For Northern Maine Inc maintains stable assets and zero officer compensation amidst fluctuating revenues.
EIN: 10389678 · Presque Isle, ME · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $55K |
| Total Expenses | $26K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $10,163 |
| Net Assets | $164K |
| Transparency Score | 85/100 |
Is Atlantic Salmon For Northern Maine Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Atlantic Salmon For Northern Maine Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Atlantic Salmon For Northern Maine Inc
Atlantic Salmon For Northern Maine Inc (EIN: 10389678) is a nonprofit organization based in Presque Isle, ME. The organization reported total revenue of $55K and total assets of $191K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Atlantic Salmon For Northern Maine Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Atlantic Salmon For Northern Maine Inc is a micro nonprofit that has been operating for 42 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -7.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $30K |
| Total Expenses | $26K |
| Surplus / Deficit | +$4K |
| Total Assets | $164K |
| Net Assets | $164K |
| Operating Margin | 12.6% |
| Months of Reserves | 76.2 months |
Financial Health Grade: A
In 2023, Atlantic Salmon For Northern Maine Inc reported a surplus of $4K with revenue exceeding expenses, holds 76.2 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Atlantic Salmon For Northern Maine Inc's revenue has declined at a compound annual growth rate (CAGR) of -7.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -33.4% | -50.5% | +18.5% |
| 2022 | +337.8% | +126.9% | -17.7% |
| 2021 | -77.3% | -29.5% | +0.6% |
| 2020 | -10.6% | -32.2% | +14.1% |
| 2019 | +3.3% | +4.2% | -2.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1984 |
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 Atlantic Salmon For Northern Maine Inc 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: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Atlantic Salmon For Northern Maine Inc allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. 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 $4K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that the organization's leadership is either volunteer-based or compensated through non-officer roles, which is highly efficient for an organization of its size with revenues ranging from $10,163 to $81,472.
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 Atlantic Salmon For Northern Maine Inc's IRS 990 filings:
- Significant revenue fluctuations year-over-year (e.g., $81,472 in 2017 to $10,163 in 2021), which could indicate unstable funding sources.
- Lack of detailed expense breakdown (program, admin, fundraising) in the provided data, limiting a precise efficiency analysis.
Strengths
The following positive indicators were identified for Atlantic Salmon For Northern Maine Inc:
- Consistent 0% officer compensation across all filings, indicating high efficiency and dedication of resources to mission.
- Maintains positive net assets and has shown asset growth from $87,765 in 2014 to $164,297 in 2023.
- Consistently reports zero liabilities, demonstrating strong financial management and no debt burden.
- Long history of IRS 990 filings (13 filings), indicating transparency and compliance.
Frequently Asked Questions about Atlantic Salmon For Northern Maine Inc
Is Atlantic Salmon For Northern Maine Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Atlantic Salmon For Northern Maine Inc (EIN: 10389678) some concerns. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
How does Atlantic Salmon For Northern Maine Inc spend its money?
Atlantic Salmon For Northern Maine Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Atlantic Salmon For Northern Maine Inc tax-deductible?
Atlantic Salmon For Northern Maine Inc is registered as a tax-exempt nonprofit (EIN: 10389678). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Atlantic Salmon For Northern Maine Inc CEO make?
Atlantic Salmon For Northern Maine Inc's highest-compensated officer earns $10,163 annually. The organization reported $55K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
Where is Atlantic Salmon For Northern Maine Inc located?
Atlantic Salmon For Northern Maine Inc is headquartered in Presque Isle, Maine and files with the IRS under EIN 10389678.
How many years of IRS 990 filings does Atlantic Salmon For Northern Maine Inc have?
Atlantic Salmon For Northern Maine Inc has 13 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 $55K in total revenue.
Is Atlantic Salmon For Northern Maine Inc a good charity?
Based on the available data, Atlantic Salmon For Northern Maine Inc appears to be a good charity. It consistently reports 0% officer compensation, maintains positive net assets, and has no reported liabilities, indicating strong financial health and efficient use of funds.
How has the organization's financial health changed over time?
The organization's financial health has generally improved, with assets growing from $87,765 in 2014 to $164,297 in 2023. While revenue has fluctuated significantly, expenses have largely been managed, and the organization has consistently maintained zero liabilities.
What is the organization's approach to executive compensation?
Atlantic Salmon For Northern Maine Inc reports 0% officer compensation in all available filings, suggesting a volunteer-driven leadership or that compensation is not allocated to officers, which is a highly efficient practice.
Filing History
IRS 990 filing history for Atlantic Salmon For Northern Maine Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Atlantic Salmon For Northern Maine Inc's revenue has declined by 62.3%, moving from $78K to $30K. Total assets increased by 100.5% over the same period, from $82K to $164K. Total functional expenses fell by 59.9%, from $65K to $26K. In its most recent filing year (2023), Atlantic Salmon For Northern Maine Inc reported a surplus of $4K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $30K | $26K | $164K | $0 | — | View 990 |
| 2022 | $44K | $52K | $139K | $0 | — | View 990 |
| 2021 | $10K | $23K | $168K | $0 | — | — |
| 2020 | $45K | $33K | $167K | $0 | — | View 990 |
| 2019 | $50K | $48K | $147K | $0 | — | View 990 |
| 2018 | $48K | $46K | $150K | $0 | — | View 990 |
| 2017 | $81K | $45K | $148K | $0 | — | — |
| 2016 | $50K | $36K | $112K | $0 | — | View 990 |
| 2015 | $53K | $42K | $98K | $0 | — | View 990 |
| 2014 | $53K | $40K | $88K | $0 | — | View 990 |
| 2013 | $52K | $60K | $74K | $0 | — | View 990 |
| 2012 | $73K | $73K | $83K | $0 | — | View 990 |
| 2011 | $78K | $65K | $82K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $30K, expenses of $26K, and assets of $164K (revenue -33.4% year-over-year).
- 2022: Revenue of $44K, expenses of $52K, and assets of $139K (revenue +337.8% year-over-year).
- 2021: Revenue of $10K, expenses of $23K, and assets of $168K (revenue -77.3% year-over-year).
- 2020: Revenue of $45K, expenses of $33K, and assets of $167K (revenue -10.6% year-over-year).
- 2019: Revenue of $50K, expenses of $48K, and assets of $147K (revenue +3.3% year-over-year).
- 2018: Revenue of $48K, expenses of $46K, and assets of $150K (revenue -40.6% year-over-year).
- 2017: Revenue of $81K, expenses of $45K, and assets of $148K (revenue +64.6% year-over-year).
- 2016: Revenue of $50K, expenses of $36K, and assets of $112K (revenue -6.5% year-over-year).
- 2015: Revenue of $53K, expenses of $42K, and assets of $98K (revenue -0.8% year-over-year).
- 2014: Revenue of $53K, expenses of $40K, and assets of $88K (revenue +2.1% year-over-year).
- 2013: Revenue of $52K, expenses of $60K, and assets of $74K (revenue -28.6% year-over-year).
- 2012: Revenue of $73K, expenses of $73K, and assets of $83K (revenue -6.6% year-over-year).
- 2011: Revenue of $78K, expenses of $65K, and assets of $82K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Atlantic Salmon For Northern Maine Inc:
Data Sources and Methodology
This transparency report for Atlantic Salmon For Northern Maine Inc 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.