Fair Tide Inc

Fair Tide Inc. shows strong financial growth and zero officer compensation over the past decade.

EIN: 10525140 · Kittery, ME · NTEE: L41 · Updated: 2026-03-28

$3.1MRevenue

$5.5MAssets

95/100Mission Score (Excellent)

L41

About Fair Tide Inc

Fair Tide Inc (EIN: 10525140) is a nonprofit organization based in Kittery, ME, classified under NTEE code L41. The organization reported total revenue of $3.1M and total assets of $5.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Fair Tide Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Fair Tide Inc. demonstrates strong financial health and growth, particularly in recent years. Their revenue has significantly increased from $308,885 in 2014 to $1,836,287 in 2023, with assets growing from $554,179 to $3,056,743 over the same period. This indicates effective fundraising and asset management. The organization consistently reports 0% officer compensation across all available filings, which is a significant positive indicator of financial efficiency and a commitment to directing funds towards their mission rather than executive salaries. Their expenses have remained relatively low compared to their revenue growth, suggesting efficient operations.

The organization's spending efficiency appears robust, as evidenced by the substantial growth in assets and revenue without corresponding increases in officer compensation. While specific program, administrative, and fundraising expense breakdowns are not provided in the summary data, the consistent 0% officer compensation suggests a lean operational structure at the top. The rapid growth in assets and revenue, coupled with low liabilities, points to a well-managed and financially stable organization. The absence of officer compensation also enhances their transparency profile, as it clearly shows that leadership is not drawing salaries from the organization's funds.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Fair Tide Inc with a Mission Score of 95 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: 7%
programs: 90%
fundraising: 3%

According to IRS 990 filings, Fair Tide Inc allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

Fair Tide Inc. consistently reports 0% officer compensation across all available filings, indicating that no salaries are paid to its officers. This is a highly positive financial practice, ensuring that all funds are directed towards the organization's mission and operational costs.

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.

Strengths

The following positive indicators were identified for Fair Tide Inc:

Consistent 0% officer compensation, indicating high efficiency and dedication to mission.
Strong and consistent revenue growth, from $308,885 in 2014 to $1,836,287 in 2023.
Significant asset growth, from $554,179 in 2014 to $3,056,743 in 2023, demonstrating financial stability.
Expenses consistently lower than revenue, suggesting effective financial management.
Low liabilities relative to assets, indicating a healthy balance sheet.

Frequently Asked Questions about Fair Tide Inc

Is Fair Tide Inc. a good charity?

Based on the provided financial data, Fair Tide Inc. appears to be a very good charity. They demonstrate strong financial growth, efficient management with expenses significantly lower than revenue, and a remarkable commitment to their mission by reporting 0% officer compensation for over a decade.

How has Fair Tide Inc.'s financial health changed over time?

Fair Tide Inc. has experienced substantial financial growth. Revenue increased from $308,885 in 2014 to $1,836,287 in 2023, and assets grew from $554,179 to $3,056,743 in the same period, indicating robust expansion and financial stability.

What is Fair Tide Inc.'s approach to executive compensation?

Fair Tide Inc. has a highly commendable approach to executive compensation, consistently reporting 0% officer compensation in all available IRS 990 filings. This means that no salaries are paid to the organization's officers, maximizing funds available for programs.

Filing History

IRS 990 filing history for Fair Tide Inc showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Fair Tide Inc's revenue has grown by 552.1%, moving from $282K to $1.8M. Total assets increased by 467.1% over the same period, from $539K to $3.1M. Total functional expenses rose by 49.2%, from $337K to $503K. In its most recent filing year (2023), Fair Tide Inc reported a surplus of $1.3M, with revenue exceeding expenses. The organization holds $164K in liabilities against $3.1M in assets (debt-to-asset ratio: 5.4%), resulting in net assets of $2.9M.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$1.8M	$503K	$3.1M	$164K	—	View 990
2022	$1.2M	$428K	$1.7M	$136K	—	View 990
2021	$508K	$383K	$890K	$140K	—	View 990
2020	$450K	$377K	$745K	$143K	—	View 990
2019	$376K	$329K	$685K	$152K	—	View 990
2018	$433K	$308K	$649K	$162K	—	View 990
2017	$332K	$295K	$622K	$261K	—	View 990
2016	$389K	$345K	$601K	$277K	—	View 990
2015	$346K	$327K	$562K	$282K	—	View 990
2014	$309K	$303K	$554K	$294K	—	View 990
2013	$300K	$297K	$556K	$302K	—	View 990
2012	$317K	$281K	$560K	$310K	—	View 990
2011	$282K	$337K	$539K	$324K	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $1.8M, expenses of $503K, and assets of $3.1M (revenue +47.1% year-over-year).
2022: Revenue of $1.2M, expenses of $428K, and assets of $1.7M (revenue +145.9% year-over-year).
2021: Revenue of $508K, expenses of $383K, and assets of $890K (revenue +12.9% year-over-year).
2020: Revenue of $450K, expenses of $377K, and assets of $745K (revenue +19.7% year-over-year).
2019: Revenue of $376K, expenses of $329K, and assets of $685K (revenue -13.2% year-over-year).
2018: Revenue of $433K, expenses of $308K, and assets of $649K (revenue +30.4% year-over-year).
2017: Revenue of $332K, expenses of $295K, and assets of $622K (revenue -14.7% year-over-year).
2016: Revenue of $389K, expenses of $345K, and assets of $601K (revenue +12.4% year-over-year).
2015: Revenue of $346K, expenses of $327K, and assets of $562K (revenue +12.1% year-over-year).
2014: Revenue of $309K, expenses of $303K, and assets of $554K (revenue +2.8% year-over-year).
2013: Revenue of $300K, expenses of $297K, and assets of $556K (revenue -5.3% year-over-year).
2012: Revenue of $317K, expenses of $281K, and assets of $560K (revenue +12.6% year-over-year).
2011: Revenue of $282K, expenses of $337K, and assets of $539K.

Data Sources and Methodology

This transparency report for Fair Tide 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.