Boothbay Region Fishermens Memorial Fund
Boothbay Region Fishermens Memorial Fund reports no financial activity, indicating a very small, likely volunteer-driven operation.
EIN: 10380074 · Boothbay Hbr, ME · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Program Spending | 100% |
| CEO/Top Officer Pay | $0, |
| Transparency Score | 70/100 |
Is Boothbay Region Fishermens Memorial Fund Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Boothbay Region Fishermens Memorial Fund directs 100% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Boothbay Region Fishermens Memorial Fund
Boothbay Region Fishermens Memorial Fund (EIN: 10380074) is a nonprofit organization based in Boothbay Hbr, ME. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Boothbay Region Fishermens Memorial Fund's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1983 |
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 Boothbay Region Fishermens Memorial Fund with a Mission Score of 70 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: 0%
- programs: 100%
- fundraising: 0%
According to IRS 990 filings, Boothbay Region Fishermens Memorial Fund allocates its expenses as follows: admin: 0%, programs: 100%, fundraising: 0%. With 100% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
With reported revenue and assets of $0, there is no executive compensation to analyze, suggesting a volunteer-led structure.
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 Boothbay Region Fishermens Memorial Fund's IRS 990 filings:
- No reported financial activity ($0 revenue, $0 assets) makes financial health and operational status unclear.
Strengths
The following positive indicators were identified for Boothbay Region Fishermens Memorial Fund:
- Likely very low overhead due to $0 reported expenses, suggesting direct impact if any activities occur.
- Focus on a specific community memorial purpose.
Frequently Asked Questions about Boothbay Region Fishermens Memorial Fund
Is Boothbay Region Fishermens Memorial Fund a legitimate charity?
Based on AI analysis of IRS 990 filings, Boothbay Region Fishermens Memorial Fund (EIN: 10380074) some concerns. Mission Score: 70/100. 1 red flag identified, 2 strengths noted.
How does Boothbay Region Fishermens Memorial Fund spend its money?
Boothbay Region Fishermens Memorial Fund directs 100% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Boothbay Region Fishermens Memorial Fund tax-deductible?
Boothbay Region Fishermens Memorial Fund is registered as a tax-exempt nonprofit (EIN: 10380074). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Boothbay Region Fishermens Memorial Fund CEO make?
Boothbay Region Fishermens Memorial Fund's highest-compensated officer earns $0, annually. Executive compensation data is disclosed in IRS 990 filings.
Where is Boothbay Region Fishermens Memorial Fund located?
Boothbay Region Fishermens Memorial Fund is headquartered in Boothbay Hbr, Maine and files with the IRS under EIN 10380074.
Is Boothbay Region Fishermens Memorial Fund a good charity?
Based on the available IRS 990 data showing $0 in revenue and assets, it's not possible to evaluate its financial 'goodness' in terms of efficiency or financial management. However, its existence as a memorial fund suggests a direct community-focused mission, likely supported by in-kind donations or very small, unreported cash flows.
How does Boothbay Region Fishermens Memorial Fund fund its activities?
With $0 in reported revenue, the organization likely operates through volunteer efforts, in-kind donations, or very small, localized cash contributions that do not meet IRS reporting thresholds for larger organizations. It may also be dormant or in the process of winding down.
Data Sources and Methodology
This transparency report for Boothbay Region Fishermens Memorial Fund 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.