Sacopee Rescue Unit Inc
Sacopee Rescue Unit Inc shows strong financial growth and volunteer leadership with no reported officer compensation.
EIN: 10345195 · Parsonsfield, ME · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.0M |
| Total Expenses | $913K |
| Program Spending | 85% |
| Net Assets | $510K |
| Transparency Score | 90/100 |
Is Sacopee Rescue Unit Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Sacopee Rescue Unit Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Sacopee Rescue Unit Inc
Sacopee Rescue Unit Inc (EIN: 10345195) is a nonprofit organization based in Parsonsfield, ME. The organization reported total revenue of $1.0M and total assets of $592K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Sacopee Rescue Unit Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Sacopee Rescue Unit Inc is a mid-size nonprofit that has been operating for 44 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 11.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.0M |
| Total Expenses | $913K |
| Surplus / Deficit | +$99K |
| Total Assets | $566K |
| Total Liabilities | $57K |
| Net Assets | $510K |
| Operating Margin | 9.7% |
| Debt-to-Asset Ratio | 10.0% |
| Months of Reserves | 7.4 months |
Financial Health Grade: A
In 2023, Sacopee Rescue Unit Inc reported a surplus of $99K with revenue exceeding expenses, holds 7.4 months of operating reserves (strong position), has a debt-to-asset ratio of 10.0% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Sacopee Rescue Unit Inc's revenue has grown at a compound annual growth rate (CAGR) of 11.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +14.7% | +30.6% | +17.5% |
| 2022 | +64.3% | +44.7% | +54.9% |
| 2021 | +17.0% | +6.1% | -7.1% |
| 2020 | +36.8% | +18.5% | +13.9% |
| 2019 | -10.1% | -7.6% | -13.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1982 |
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 Sacopee Rescue Unit Inc with a Mission Score of 90 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Sacopee Rescue Unit Inc 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 surplus of $99K, with revenue exceeding expenses.
- Debt-to-asset ratio: 10.0%.
Executive Compensation Analysis
Sacopee Rescue Unit Inc reports 0% officer compensation across all available filings, indicating that its leadership is entirely volunteer-based, which is highly commendable for a nonprofit of its size.
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 Sacopee Rescue Unit Inc:
- Consistent revenue growth, nearly tripling from 2019 to 2023 ($335,575 to $1,012,071).
- Zero officer compensation reported across all filings, indicating volunteer leadership and efficient use of funds.
- Accumulation of assets, growing from $294,012 in 2019 to $566,241 in 2023, demonstrating financial stability.
- Expenses generally lower than revenue in recent years, leading to a healthy surplus and asset growth.
- Long history of IRS 990 filings (13 filings), indicating consistent transparency and compliance.
Frequently Asked Questions about Sacopee Rescue Unit Inc
Is Sacopee Rescue Unit Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Sacopee Rescue Unit Inc (EIN: 10345195) appears legitimate. Mission Score: 90/100. 0 red flags identified, 5 strengths noted.
How does Sacopee Rescue Unit Inc spend its money?
Sacopee Rescue Unit Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Sacopee Rescue Unit Inc tax-deductible?
Sacopee Rescue Unit Inc is registered as a tax-exempt nonprofit (EIN: 10345195). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Sacopee Rescue Unit Inc's spending goes to programs?
Sacopee Rescue Unit Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Sacopee Rescue Unit Inc located?
Sacopee Rescue Unit Inc is headquartered in Parsonsfield, Maine and files with the IRS under EIN 10345195.
How many years of IRS 990 filings does Sacopee Rescue Unit Inc have?
Sacopee Rescue Unit Inc 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 $1.0M in total revenue.
Is Sacopee Rescue Unit Inc a good charity?
Based on the provided financial data, Sacopee Rescue Unit Inc appears to be a well-managed charity. It demonstrates strong financial growth, maintains a surplus in recent years, and notably reports 0% officer compensation, suggesting efficient use of funds and volunteer dedication.
How has Sacopee Rescue Unit Inc's financial health changed over time?
Sacopee Rescue Unit Inc has shown significant financial improvement and growth. Revenue has nearly tripled from $335,575 in 2019 to $1,012,071 in 2023, and assets have nearly doubled from $294,012 to $566,241 in the same period, indicating increasing capacity and stability.
Does Sacopee Rescue Unit Inc compensate its officers?
No, Sacopee Rescue Unit Inc consistently reports 0% officer compensation across all available IRS 990 filings, indicating that its leadership serves on a volunteer basis.
Filing History
IRS 990 filing history for Sacopee Rescue Unit Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Sacopee Rescue Unit Inc's revenue has grown by 248%, moving from $291K to $1.0M. Total assets increased by 66.8% over the same period, from $339K to $566K. Total functional expenses rose by 199.8%, from $305K to $913K. In its most recent filing year (2023), Sacopee Rescue Unit Inc reported a surplus of $99K, with revenue exceeding expenses. The organization holds $57K in liabilities against $566K in assets (debt-to-asset ratio: 10.0%), resulting in net assets of $510K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.0M | $913K | $566K | $57K | — | — |
| 2022 | $883K | $699K | $482K | $71K | — | — |
| 2021 | $537K | $483K | $311K | $83K | — | View 990 |
| 2020 | $459K | $456K | $335K | $142K | — | View 990 |
| 2019 | $336K | $385K | $294K | $105K | — | View 990 |
| 2018 | $373K | $416K | $340K | $117K | — | View 990 |
| 2017 | $383K | $407K | $393K | $127K | — | View 990 |
| 2016 | $446K | $361K | $424K | $134K | — | View 990 |
| 2015 | $391K | $527K | $190K | $8K | — | View 990 |
| 2014 | $422K | $420K | $330K | $15K | — | View 990 |
| 2013 | $313K | $306K | $338K | $26K | — | View 990 |
| 2012 | $309K | $325K | $294K | $31K | — | View 990 |
| 2011 | $291K | $305K | $339K | $60K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.0M, expenses of $913K, and assets of $566K (revenue +14.7% year-over-year).
- 2022: Revenue of $883K, expenses of $699K, and assets of $482K (revenue +64.3% year-over-year).
- 2021: Revenue of $537K, expenses of $483K, and assets of $311K (revenue +17.0% year-over-year).
- 2020: Revenue of $459K, expenses of $456K, and assets of $335K (revenue +36.8% year-over-year).
- 2019: Revenue of $336K, expenses of $385K, and assets of $294K (revenue -10.1% year-over-year).
- 2018: Revenue of $373K, expenses of $416K, and assets of $340K (revenue -2.4% year-over-year).
- 2017: Revenue of $383K, expenses of $407K, and assets of $393K (revenue -14.2% year-over-year).
- 2016: Revenue of $446K, expenses of $361K, and assets of $424K (revenue +14.1% year-over-year).
- 2015: Revenue of $391K, expenses of $527K, and assets of $190K (revenue -7.2% year-over-year).
- 2014: Revenue of $422K, expenses of $420K, and assets of $330K (revenue +34.7% year-over-year).
- 2013: Revenue of $313K, expenses of $306K, and assets of $338K (revenue +1.3% year-over-year).
- 2012: Revenue of $309K, expenses of $325K, and assets of $294K (revenue +6.2% year-over-year).
- 2011: Revenue of $291K, expenses of $305K, and assets of $339K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Sacopee Rescue Unit Inc:
Data Sources and Methodology
This transparency report for Sacopee Rescue Unit 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.