Megantic Fish & Game Corp
Megantic Fish & Game Corp consistently operates with a surplus and reports no officer compensation.
EIN: 10119375 · Falmouth, ME · NTEE: N61Z · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $977K |
| Total Expenses | $901K |
| Program Spending | 90% |
| Net Assets | $4.0M |
| Transparency Score | 92/100 |
Is Megantic Fish & Game Corp Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Megantic Fish & Game Corp directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Megantic Fish & Game Corp
Megantic Fish & Game Corp (EIN: 10119375) is a nonprofit organization based in Falmouth, ME, classified under NTEE code N61Z. The organization reported total revenue of $977K and total assets of $4.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Megantic Fish & Game Corp's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Megantic Fish & Game Corp is a small nonprofit that has been operating for 82 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $946K |
| Total Expenses | $901K |
| Surplus / Deficit | +$45K |
| Total Assets | $4.5M |
| Total Liabilities | $487K |
| Net Assets | $4.0M |
| Operating Margin | 4.7% |
| Debt-to-Asset Ratio | 10.8% |
| Months of Reserves | 60.2 months |
Financial Health Grade: A
In 2023, Megantic Fish & Game Corp reported a surplus of $45K with revenue exceeding expenses, holds 60.2 months of operating reserves (strong position), has a debt-to-asset ratio of 10.8% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Megantic Fish & Game Corp's revenue has grown at a compound annual growth rate (CAGR) of 4.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +20.7% | +16.8% | -0.1% |
| 2022 | -14.0% | +4.7% | -2.8% |
| 2021 | +59.7% | +39.1% | +6.6% |
| 2020 | -23.2% | -21.2% | +1.4% |
| 2019 | -1.5% | +11.9% | +2.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1944 |
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 Megantic Fish & Game Corp with a Mission Score of 92 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, Megantic Fish & Game Corp 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.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $45K, with revenue exceeding expenses.
- Debt-to-asset ratio: 10.8%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that executive leadership is either entirely volunteer-based or compensated through non-officer roles, which is highly favorable for resource allocation towards its mission.
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 Megantic Fish & Game Corp:
- Consistent financial surplus, with revenue exceeding expenses in all reported periods.
- Growing asset base, increasing from $3.7 million in 2014 to $4.5 million in 2023.
- 0% officer compensation reported across all filings, indicating high efficiency and mission focus.
- Stable and manageable liabilities relative to assets.
- Strong program spending ratio due to minimal administrative and fundraising costs.
Frequently Asked Questions about Megantic Fish & Game Corp
Is Megantic Fish & Game Corp a legitimate charity?
Based on AI analysis of IRS 990 filings, Megantic Fish & Game Corp (EIN: 10119375) appears legitimate. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
How does Megantic Fish & Game Corp spend its money?
Megantic Fish & Game Corp directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Megantic Fish & Game Corp tax-deductible?
Megantic Fish & Game Corp is registered as a tax-exempt nonprofit (EIN: 10119375). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Megantic Fish & Game Corp's spending goes to programs?
Megantic Fish & Game Corp directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Megantic Fish & Game Corp compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Megantic Fish & Game Corp is above average for NTEE category N61Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Megantic Fish & Game Corp located?
Megantic Fish & Game Corp is headquartered in Falmouth, Maine and files with the IRS under EIN 10119375. It is classified under NTEE code N61Z.
How many years of IRS 990 filings does Megantic Fish & Game Corp have?
Megantic Fish & Game Corp 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 $977K in total revenue.
Is Megantic Fish & Game Corp a good charity?
Based on the provided financial data, Megantic Fish & Game Corp appears to be a very good charity. It consistently operates with a surplus, has a growing asset base, and reports 0% officer compensation, indicating efficient use of funds and strong mission focus.
How has the organization's financial health changed over the last decade?
Over the last decade, Megantic Fish & Game Corp has shown consistent financial health. Assets have grown from $3,728,073 in 2014 to $4,518,439 in 2023, and the organization has consistently generated more revenue than expenses, indicating sustainable operations.
What is the organization's approach to executive compensation?
Megantic Fish & Game Corp reports 0% officer compensation in all available IRS 990 filings, suggesting a commitment to minimizing administrative overhead and maximizing resources for program activities.
Filing History
IRS 990 filing history for Megantic Fish & Game Corp showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Megantic Fish & Game Corp's revenue has grown by 61.7%, moving from $585K to $946K. Total assets increased by 23% over the same period, from $3.7M to $4.5M. Total functional expenses rose by 73.1%, from $521K to $901K. In its most recent filing year (2023), Megantic Fish & Game Corp reported a surplus of $45K, with revenue exceeding expenses. The organization holds $487K in liabilities against $4.5M in assets (debt-to-asset ratio: 10.8%), resulting in net assets of $4.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $946K | $901K | $4.5M | $487K | — | View 990 |
| 2022 | $783K | $771K | $4.5M | $529K | — | View 990 |
| 2021 | $911K | $736K | $4.7M | $526K | — | — |
| 2020 | $570K | $529K | $4.4M | $528K | — | — |
| 2019 | $742K | $672K | $4.3M | $536K | — | View 990 |
| 2018 | $753K | $600K | $4.2M | $552K | — | View 990 |
| 2017 | $664K | $600K | $4.1M | $567K | — | View 990 |
| 2016 | $707K | $579K | $4.0M | $580K | — | View 990 |
| 2015 | $710K | $553K | $3.8M | $584K | — | View 990 |
| 2014 | $728K | $584K | $3.7M | $611K | — | View 990 |
| 2013 | $946K | $574K | $3.7M | $704K | — | View 990 |
| 2012 | $582K | $531K | $3.6M | $1.0M | — | View 990 |
| 2011 | $585K | $521K | $3.7M | $1.2M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $946K, expenses of $901K, and assets of $4.5M (revenue +20.7% year-over-year).
- 2022: Revenue of $783K, expenses of $771K, and assets of $4.5M (revenue -14.0% year-over-year).
- 2021: Revenue of $911K, expenses of $736K, and assets of $4.7M (revenue +59.7% year-over-year).
- 2020: Revenue of $570K, expenses of $529K, and assets of $4.4M (revenue -23.2% year-over-year).
- 2019: Revenue of $742K, expenses of $672K, and assets of $4.3M (revenue -1.5% year-over-year).
- 2018: Revenue of $753K, expenses of $600K, and assets of $4.2M (revenue +13.4% year-over-year).
- 2017: Revenue of $664K, expenses of $600K, and assets of $4.1M (revenue -6.1% year-over-year).
- 2016: Revenue of $707K, expenses of $579K, and assets of $4.0M (revenue -0.4% year-over-year).
- 2015: Revenue of $710K, expenses of $553K, and assets of $3.8M (revenue -2.5% year-over-year).
- 2014: Revenue of $728K, expenses of $584K, and assets of $3.7M (revenue -23.0% year-over-year).
- 2013: Revenue of $946K, expenses of $574K, and assets of $3.7M (revenue +62.6% year-over-year).
- 2012: Revenue of $582K, expenses of $531K, and assets of $3.6M (revenue -0.5% year-over-year).
- 2011: Revenue of $585K, expenses of $521K, and assets of $3.7M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Megantic Fish & Game Corp:
Data Sources and Methodology
This transparency report for Megantic Fish & Game Corp 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.