Saco River Salmon Club
Saco River Salmon Club: Steady Finances, Low Overhead, but Limited Program Detail
EIN: 223011032 · Saco, ME · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $67K |
| Total Expenses | $65K |
| Program Spending | 85% |
| Net Assets | $282K |
| Transparency Score | 65/100 |
Is Saco River Salmon Club Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Saco River Salmon Club directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Saco River Salmon Club
Saco River Salmon Club (EIN: 223011032) is a nonprofit organization based in Saco, ME. The organization reported total revenue of $67K and total assets of $348K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Saco River Salmon Club's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Saco River Salmon Club is a micro nonprofit that has been operating for 36 years, with 5 years of IRS 990 filings on record (2019–2023). Revenue has grown at a compound annual rate of 1.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $58K |
| Total Expenses | $65K |
| Surplus / Deficit | $-6,678 |
| Total Assets | $282K |
| Net Assets | $282K |
| Operating Margin | -11.5% |
| Months of Reserves | 52.4 months |
Financial Health Grade: B
In 2023, Saco River Salmon Club reported a deficit of $7K with expenses exceeding revenue, holds 52.4 months of operating reserves (strong position).
Financial Trends
Over 5 years of filings (2019–2023), Saco River Salmon Club's revenue has grown at a compound annual growth rate (CAGR) of 1.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -13.6% | -22.1% | -1.7% |
| 2022 | -5.4% | +36.2% | +2.1% |
| 2021 | -14.6% | -25.1% | +3.7% |
| 2020 | +50.4% | +99.4% | +7.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1990 |
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 Saco River Salmon Club with a Mission Score of 65 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Saco River Salmon Club allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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 deficit of $7K, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation is not reported in the provided data, suggesting it is below the disclosure threshold or not applicable.
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 Saco River Salmon Club's IRS 990 filings:
- Lack of detailed program spending makes it hard to evaluate the effectiveness of funds.
- The organization's 'nt' (nonprofit type) is unknown, which could impact understanding its mission and regulatory environment.
Strengths
The following positive indicators were identified for Saco River Salmon Club:
- Consistently low administrative and fundraising costs, indicating efficient operations.
- Stable financial position with consistent revenue and growing assets over five years.
- No lobbying or political campaign expenditures, suggesting a clear focus on its stated purpose.
Frequently Asked Questions about Saco River Salmon Club
Is Saco River Salmon Club a legitimate charity?
Saco River Salmon Club (EIN: 223011032) is a registered tax-exempt nonprofit based in Maine. Our AI analysis gives it a Mission Score of 65/100. It has 5 years of IRS 990 filings on record. Total revenue: $67K. 2 red flags identified. 3 strengths noted. Financial health grade: B.
How does Saco River Salmon Club spend its money?
Saco River Salmon Club directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Saco River Salmon Club tax-deductible?
Saco River Salmon Club is registered as a tax-exempt nonprofit (EIN: 223011032). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Saco River Salmon Club's spending goes to programs?
Saco River Salmon Club directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Saco River Salmon Club located?
Saco River Salmon Club is headquartered in Saco, Maine and files with the IRS under EIN 223011032.
How many years of IRS 990 filings does Saco River Salmon Club have?
Saco River Salmon Club has 5 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 $67K in total revenue.
What does Saco River Salmon Club do?
Saco River Salmon Club is a nonprofit organization in the Unknown sector, located in Saco, Maine. It is classified under NTEE code Unknown.
How much revenue does Saco River Salmon Club have?
Saco River Salmon Club reported total revenue of $66,751. Based on 5 IRS 990 filings on record.
What are Saco River Salmon Club's total assets?
Saco River Salmon Club holds total assets of $348,269 as reported in IRS 990 filings.
Where is Saco River Salmon Club located?
Saco River Salmon Club is based in Saco, Maine.
What is Saco River Salmon Club's EIN?
Saco River Salmon Club's Employer Identification Number (EIN) is 223011032. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Saco River Salmon Club?
Saco River Salmon Club is classified under NTEE code Unknown (Unknown).
Is Saco River Salmon Club a registered 501(c)(3)?
Saco River Salmon Club appears in IRS records (EIN: 223011032). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Saco River Salmon Club file IRS Form 990?
Yes, Saco River Salmon Club has 5 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Saco River Salmon Club's revenue in 2023?
In the 202312 filing period, Saco River Salmon Club reported total revenue of $57,869, total expenses of $64,547, and net assets of $281,952.
Is Saco River Salmon Club's revenue growing or declining?
Saco River Salmon Club's revenue is declining. Revenue went from $67,000 (202212) to $57,869 (202312), a -13.6% change. Based on 5 filings on record.
What is Saco River Salmon Club's most recent 990 filing?
The most recent IRS Form 990 filing for Saco River Salmon Club covers tax period 202312. It shows revenue of $57,869, expenses of $64,547, total assets of $281,952, and liabilities of N/A.
How much does Saco River Salmon Club spend on programs vs administration?
Based on IRS 990 analysis, Saco River Salmon Club allocates approximately 85% of expenses to program services, 10% to administrative costs, and 5% to fundraising. This indicates strong program focus.
Is Saco River Salmon Club a trustworthy charity?
Based on AI analysis of IRS 990 data, Saco River Salmon Club shows mixed signals. Mission Score: 65/100 (Good). 2 red flags identified. 3 strengths noted.
What are the red flags for Saco River Salmon Club?
The following concerns were identified: Lack of detailed program spending makes it hard to evaluate the effectiveness of funds.. The organization's 'nt' (nonprofit type) is unknown, which could impact understanding its mission and regulatory environment.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Saco River Salmon Club's strengths?
Positive indicators for Saco River Salmon Club include: Consistently low administrative and fundraising costs, indicating efficient operations.. Stable financial position with consistent revenue and growing assets over five years.. No lobbying or political campaign expenditures, suggesting a clear focus on its stated purpose.. These findings are derived from AI analysis of the organization's financial filings.
How does Saco River Salmon Club compensate executives?
Executive compensation is not reported in the provided data, suggesting it is below the disclosure threshold or not applicable. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the consistent revenue and asset growth, what specific initiatives or projects has the Saco River Salmon Club funded to achieve its mission?
The provided data only shows total expenses, not specific program initiatives. Further investigation into their annual reports or website would be needed to identify specific projects.
Filing History
IRS 990 filing history for Saco River Salmon Club showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2019–2023), Saco River Salmon Club's revenue has grown by 4.9%, moving from $55K to $58K. Total assets increased by 11.5% over the same period, from $253K to $282K. Total functional expenses rose by 58.5%, from $41K to $65K. In its most recent filing year (2023), Saco River Salmon Club reported a deficit of $7K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $58K | $65K | $282K | $0 | — | View 990 |
| 2022 | $67K | $83K | $287K | $0 | — | View 990 |
| 2021 | $71K | $61K | $281K | $0 | — | — |
| 2020 | $83K | $81K | $271K | $0 | — | View 990 |
| 2019 | $55K | $41K | $253K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $58K, expenses of $65K, and assets of $282K (revenue -13.6% year-over-year).
- 2022: Revenue of $67K, expenses of $83K, and assets of $287K (revenue -5.4% year-over-year).
- 2021: Revenue of $71K, expenses of $61K, and assets of $281K (revenue -14.6% year-over-year).
- 2020: Revenue of $83K, expenses of $81K, and assets of $271K (revenue +50.4% year-over-year).
- 2019: Revenue of $55K, expenses of $41K, and assets of $253K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Saco River Salmon Club:
Data Sources and Methodology
This transparency report for Saco River Salmon Club 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.