Save Our Shores Maine

Save Our Shores Maine maintains stable asset growth and zero liabilities with fluctuating, but sufficient, revenue.

EIN: 10495042 · Wells, ME · NTEE: C300 · Updated: 2026-03-28

$55KRevenue
$207KAssets
85/100Mission Score (Excellent)
C300

About Save Our Shores Maine

Save Our Shores Maine (EIN: 10495042) is a nonprofit organization based in Wells, ME, classified under NTEE code C300. The organization reported total revenue of $55K and total assets of $207K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Save Our Shores Maine's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Save Our Shores Maine demonstrates a generally stable financial position, with assets consistently growing from $145,652 in 2016 to $206,897 currently. The organization's revenue has fluctuated significantly, from a high of $31,540 in 2022 to a low of $7,696 in 2023, before rebounding to $18,382 in 2024. This variability in revenue, while not uncommon for smaller nonprofits, suggests a need for diversified funding strategies to ensure long-term sustainability. Their consistent reporting of zero liabilities across all available filings indicates strong financial management and a lack of debt, which is a positive indicator of fiscal health. The organization's spending efficiency appears to be strong, particularly given the absence of reported officer compensation in all filings, suggesting a volunteer-led or very lean operational structure. With total expenses of $16,965 against revenue of $18,382 in the latest period, they are operating within their means. The NTEE code C300 (Environmental Protection & Conservation) aligns with their mission, and the financial data suggests resources are likely directed towards program activities given the low overhead implied by zero officer compensation. However, without a detailed breakdown of expenses, it's difficult to precisely assess the program spending ratio. Transparency is high, as evidenced by the readily available filing history and consistent reporting. The organization's commitment to its mission is further supported by the lack of executive compensation, indicating that resources are not being diverted to high salaries. While the overall financial scale is modest, Save Our Shores Maine appears to be a well-managed and fiscally responsible organization, effectively utilizing its resources for its stated environmental protection goals.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Save Our Shores Maine with a Mission Score of 85 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

According to IRS 990 filings, Save Our Shores Maine allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

Executive compensation is reported as 0% across all available filings, indicating a volunteer-led organization or one with extremely lean administrative costs, which is highly favorable for resource allocation to programs.

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 Save Our Shores Maine:

Frequently Asked Questions about Save Our Shores Maine

Is Save Our Shores Maine a good charity?

Based on the available IRS 990 data, Save Our Shores Maine appears to be a good charity. They have consistently growing assets, zero liabilities, and report no officer compensation, suggesting a high dedication of resources to their mission.

How has Save Our Shores Maine's financial health changed over time?

Save Our Shores Maine has shown consistent asset growth from $145,652 in 2016 to $206,897 currently. While revenue has fluctuated, expenses have generally remained below or close to revenue, indicating stable financial management and no debt.

What is Save Our Shores Maine's program spending efficiency?

Given that officer compensation is 0% in all filings, it implies a very high program spending efficiency, as administrative overhead related to salaries is non-existent. Without a detailed expense breakdown, a precise program ratio cannot be calculated, but it is likely very strong.

Does Save Our Shores Maine have any debt?

No, Save Our Shores Maine has reported $0 in liabilities across all available IRS 990 filings, indicating they operate without debt.

Filing History

IRS 990 filing history for Save Our Shores Maine showing financial trends over 4 years of public records:

Over 4 years of IRS 990 filings (2016–2024), Save Our Shores Maine's revenue has grown by 75.2%, moving from $10K to $18K. Total assets increased by 35.2% over the same period, from $146K to $197K. Total functional expenses rose by 67.8%, from $10K to $17K. In its most recent filing year (2024), Save Our Shores Maine reported a surplus of $1K, with revenue exceeding expenses.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp.PDF
2024 $18K $17K $197K $0
2023 $8K $10K $189K $0 View 990
2022 $32K $6K $182K $0
2016 $10K $10K $146K $0 View 990

Year-by-Year Financial Summary

Data Sources and Methodology

This transparency report for Save Our Shores Maine 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.

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