Mtn2 Sea Outfitters Inc
Mtn2 Sea Outfitters Inc shows consistent growth and strong financial health with no reported executive compensation.
EIN: 202447839 · Waverly, GA · NTEE: X20 · Updated: 2026-03-28
Is Mtn2 Sea Outfitters Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Mtn2 Sea Outfitters Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Mtn2 Sea Outfitters Inc
Mtn2 Sea Outfitters Inc (EIN: 202447839) is a nonprofit organization based in Waverly, GA, classified under NTEE code X20. The organization reported total revenue of $910K and total assets of $600K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Mtn2 Sea Outfitters Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Mtn2 Sea Outfitters Inc 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, Mtn2 Sea Outfitters 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
Mtn2 Sea Outfitters Inc has reported 0% officer compensation across all available filings, indicating that no salaries were paid to officers, which is highly unusual for an organization of its size and suggests a volunteer-led executive structure or that compensation is reported differently.
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 Mtn2 Sea Outfitters Inc's IRS 990 filings:
- Lack of detailed program vs. administrative spending breakdown in provided data, making precise efficiency analysis challenging.
- Unusually low or zero reported officer compensation for an organization with growing revenue and assets, which might warrant further investigation into how leadership is compensated or structured.
Strengths
The following positive indicators were identified for Mtn2 Sea Outfitters Inc:
- Consistent revenue growth over the past decade, indicating strong fundraising and operational success.
- Strong financial health with consistent surpluses and no reported liabilities in recent years.
- Significant asset growth, from $61,706 in 2012 to $599,615 currently, demonstrating financial stability.
- Zero reported officer compensation across all filings, suggesting a high dedication of funds to the mission or a volunteer-led executive structure.
- Consistent IRS 990 filing history, indicating good transparency and compliance.
Frequently Asked Questions about Mtn2 Sea Outfitters Inc
Is Mtn2 Sea Outfitters Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Mtn2 Sea Outfitters Inc (EIN: 202447839) some concerns. Mission Score: 92/100. 2 red flags identified, 5 strengths noted.
How does Mtn2 Sea Outfitters Inc spend its money?
Mtn2 Sea Outfitters Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Mtn2 Sea Outfitters Inc tax-deductible?
Mtn2 Sea Outfitters Inc is registered as a tax-exempt nonprofit (EIN: 202447839). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Mtn2 Sea Outfitters Inc a good charity?
Based on the provided data, Mtn2 Sea Outfitters Inc appears to be a good charity. It demonstrates strong financial health, consistent growth, and a notable commitment to directing funds towards its mission by reporting no officer compensation.
How has Mtn2 Sea Outfitters Inc's revenue changed over time?
Mtn2 Sea Outfitters Inc has shown significant revenue growth, increasing from $77,676 in 2012 to $285,346 in 2023, with the latest reported revenue being $910,163, indicating a strong upward trend.
Does Mtn2 Sea Outfitters Inc have any liabilities?
No, Mtn2 Sea Outfitters Inc has reported $0 in liabilities in its most recent filings (2023, 2022, 2021, 2019, 2018, 2015, 2014, 2013, 2012), indicating a very strong balance sheet.
What is the organization's asset growth like?
The organization's assets have grown substantially, from $61,706 in 2012 to $269,690 in 2023, with the latest reported assets at $599,615, demonstrating healthy financial accumulation.
Filing History
IRS 990 filing history for Mtn2 Sea Outfitters Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2012–2023), Mtn2 Sea Outfitters Inc's revenue has grown by 267.4%, moving from $78K to $285K. Total assets increased by 337.1% over the same period, from $62K to $270K. Total functional expenses rose by 455.6%, from $51K to $282K. In its most recent filing year (2023), Mtn2 Sea Outfitters Inc reported a surplus of $3K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $285K | $282K | $270K | $0 | — | — |
| 2022 | $386K | $329K | $252K | $0 | — | View 990 |
| 2021 | $308K | $274K | $195K | $0 | — | View 990 |
| 2020 | $197K | $105K | $161K | $74 | — | View 990 |
| 2019 | $104K | $135K | $57K | $0 | — | View 990 |
| 2018 | $96K | $66K | $88K | $0 | — | View 990 |
| 2015 | $25K | $33K | $83K | $0 | — | View 990 |
| 2014 | $103K | $48K | $91K | $0 | — | View 990 |
| 2013 | $70K | $64K | $68K | $0 | — | View 990 |
| 2012 | $78K | $51K | $62K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $285K, expenses of $282K, and assets of $270K (revenue -26.0% year-over-year).
- 2022: Revenue of $386K, expenses of $329K, and assets of $252K (revenue +25.0% year-over-year).
- 2021: Revenue of $308K, expenses of $274K, and assets of $195K (revenue +56.2% year-over-year).
- 2020: Revenue of $197K, expenses of $105K, and assets of $161K (revenue +89.4% year-over-year).
- 2019: Revenue of $104K, expenses of $135K, and assets of $57K (revenue +8.4% year-over-year).
- 2018: Revenue of $96K, expenses of $66K, and assets of $88K (revenue +291.5% year-over-year).
- 2015: Revenue of $25K, expenses of $33K, and assets of $83K (revenue -76.1% year-over-year).
- 2014: Revenue of $103K, expenses of $48K, and assets of $91K (revenue +45.9% year-over-year).
- 2013: Revenue of $70K, expenses of $64K, and assets of $68K (revenue -9.3% year-over-year).
- 2012: Revenue of $78K, expenses of $51K, and assets of $62K.
Data Sources and Methodology
This transparency report for Mtn2 Sea Outfitters 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.