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
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
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
- admin: 10%
- programs: 90%
- fundraising: 0%
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:
- Consistent asset growth from $145,652 in 2016 to $206,897 currently.
- Zero liabilities reported in all filings, indicating no debt.
- 0% officer compensation, suggesting high dedication of funds to mission.
- Expenses generally kept below or close to revenue, demonstrating fiscal responsibility.
- Consistent filing history, indicating good transparency and compliance.
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.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 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
- 2024: Revenue of $18K, expenses of $17K, and assets of $197K (revenue +138.9% year-over-year).
- 2023: Revenue of $8K, expenses of $10K, and assets of $189K (revenue -75.6% year-over-year).
- 2022: Revenue of $32K, expenses of $6K, and assets of $182K (revenue +200.7% year-over-year).
- 2016: Revenue of $10K, expenses of $10K, and assets of $146K.
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.