Southern Shrimp Alliance Inc
Southern Shrimp Alliance Inc consistently generates significant surpluses, growing assets to over $13 million with zero reported officer compensation.
EIN: 141857764 · New Prt Rchy, FL · NTEE: S41 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $752K |
| Total Expenses | $1.8M |
| Program Spending | 90% |
| Net Assets | $13.4M |
| Transparency Score | 92/100 |
Search Intent Cockpit
Southern Shrimp Alliance Inc Form 990, Revenue, CEO Pay, and IRS Filing Signals
Southern Shrimp Alliance Inc is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around Southern Shrimp Alliance Inc in one place.
Form 990 Filing Summary
13 filing years are available, with latest revenue of $3.9M and expenses of $1.8M.
Revenue and Expenses
Southern Shrimp Alliance Inc reported $3.9M in revenue and $1.8M in expenses, a surplus of $2.1M.
Executive Compensation
Officer, director, trustee, and key employee pay is reviewed from IRS 990 compensation disclosures when present.
Charity Score and Red Flags
92/100 mission score, 0 red flags, and 5 strengths are shown from structured and AI review.
Is Southern Shrimp Alliance Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
IRS 990 Data Cockpit
Where the Money Comes From and Where It Goes
Revenue Source Mix
Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.
Expense Deployment
| Program services | $1.6M (90%) |
Across stored filings, Southern Shrimp Alliance Inc shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.
Decision Cockpit
One-Stop Donor, Research, and Peer Context Hub
| Decision Lens | Signal | What to Inspect Next |
|---|---|---|
| Legitimacy | Appears Legitimate | Good filing record; no red flags identified |
| Mission spend | 90% to programs | Excellent |
| Financial durability | Grade A | 13 stored filing years |
| Peer context | Compare with Cornelia Warren Community Assn Inc | Florida and Community Improvement context |
Trust Check
Review legitimacy, deductibility, red flags, and filing consistency.
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New Prt Rchy, FL nonprofitsCommunity Improvement in Florida
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Next Best Actions
Keep the Investigation Moving
Southern Shrimp Alliance Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Southern Shrimp Alliance Inc
Southern Shrimp Alliance Inc (EIN: 141857764) is a nonprofit organization based in New Prt Rchy, FL, classified under NTEE code S41. The organization reported total revenue of $752K and total assets of $11.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Southern Shrimp Alliance Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Southern Shrimp Alliance Inc is a small nonprofit that has been operating for 23 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 23.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.9M |
| Total Expenses | $1.8M |
| Surplus / Deficit | +$2.1M |
| Total Assets | $13.5M |
| Total Liabilities | $96K |
| Net Assets | $13.4M |
| Operating Margin | 53.2% |
| Debt-to-Asset Ratio | 0.7% |
| Months of Reserves | 88.6 months |
Financial Health Grade: A
In 2023, Southern Shrimp Alliance Inc reported a surplus of $2.1M with revenue exceeding expenses, holds 88.6 months of operating reserves (strong position), has a debt-to-asset ratio of 0.7% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Southern Shrimp Alliance Inc's revenue has grown at a compound annual growth rate (CAGR) of 23.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +18.7% | -35.1% | +19.0% |
| 2022 | +7.6% | +135.9% | +4.3% |
| 2021 | +9.2% | -19.5% | +18.0% |
| 2020 | -30.9% | +34.1% | +16.9% |
| 2019 | +86.3% | +41.7% | +63.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2003 |
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 Southern Shrimp Alliance 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, Southern Shrimp Alliance 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.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $2.1M, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.7%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no salaries are paid to officers, which is a strong positive for transparency and resource allocation.
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 Southern Shrimp Alliance Inc:
- Consistent generation of significant revenue surpluses (e.g., $3.8M revenue vs. $1.8M expenses in 2023).
- Rapid and substantial growth in assets (from $1.4M in 2015 to $13.4M in 2023).
- Zero reported officer compensation across all filings, indicating high efficiency and transparency.
- Very low liabilities relative to assets, demonstrating strong financial stability.
- Strong program focus implied by overall financial health and lack of executive compensation.
Frequently Asked Questions about Southern Shrimp Alliance Inc
Is Southern Shrimp Alliance Inc a legitimate charity?
Southern Shrimp Alliance Inc (EIN: 141857764) is a registered tax-exempt nonprofit based in Florida. Our AI analysis gives it a Mission Score of 92/100. It has 13 years of IRS 990 filings on record. Total revenue: $752K. No red flags identified. 5 strengths noted. Financial health grade: A.
How does Southern Shrimp Alliance Inc spend its money?
Southern Shrimp Alliance Inc directs 90% of its spending to programs and services. Fundraising costs 3%. This exceeds the 65% industry benchmark.
Are donations to Southern Shrimp Alliance Inc tax-deductible?
Southern Shrimp Alliance Inc is registered as a tax-exempt nonprofit (EIN: 141857764). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Southern Shrimp Alliance Inc's spending goes to programs?
Southern Shrimp Alliance Inc directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Southern Shrimp Alliance Inc compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Southern Shrimp Alliance Inc is above average for NTEE category S41 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Southern Shrimp Alliance Inc located?
Southern Shrimp Alliance Inc is headquartered in New Prt Rchy, Florida and files with the IRS under EIN 141857764. It is classified under NTEE code S41.
How many years of IRS 990 filings does Southern Shrimp Alliance Inc have?
Southern Shrimp Alliance 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 $752K in total revenue.
Is Southern Shrimp Alliance Inc a good charity?
Based on the provided financial data, Southern Shrimp Alliance Inc appears to be a very good charity. It consistently generates significant surpluses, has a rapidly growing asset base (from $1.4M in 2015 to $13.4M in 2023), and reports 0% officer compensation, indicating strong financial health and a commitment to its mission.
How has Southern Shrimp Alliance Inc's financial health changed over time?
The organization's financial health has significantly improved over time. Revenue has grown substantially from $268,811 in 2015 to $3,895,783 in 2023, and assets have increased dramatically from $1,401,122 in 2015 to $13,474,872 in 2023, demonstrating robust growth and financial stability.
What is the organization's approach to executive compensation?
The Southern Shrimp Alliance Inc has a highly transparent and efficient approach to executive compensation, reporting 0% officer compensation in all available IRS 990 filings. This means no salaries are paid to officers, which is exceptional and directs more funds to programs.
Does Southern Shrimp Alliance Inc have significant liabilities?
No, the organization maintains very low liabilities relative to its assets. For example, in 2023, liabilities were $96,449 against assets of $13,474,872, indicating a very strong financial position with minimal debt.
Filing History
IRS 990 filing history for Southern Shrimp Alliance Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Southern Shrimp Alliance Inc's revenue has grown by 1159%, moving from $309K to $3.9M. Total assets increased by 596.5% over the same period, from $1.9M to $13.5M. Total functional expenses rose by 29.5%, from $1.4M to $1.8M. In its most recent filing year (2023), Southern Shrimp Alliance Inc reported a surplus of $2.1M, with revenue exceeding expenses. The organization holds $96K in liabilities against $13.5M in assets (debt-to-asset ratio: 0.7%), resulting in net assets of $13.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $3.9M | $1.8M | $13.5M | $96K | — | — |
| 2022 | $3.3M | $2.8M | $11.3M | $5K | — | View 990 |
| 2021 | $3.1M | $1.2M | $10.9M | $5K | — | — |
| 2020 | $2.8M | $1.5M | $9.2M | $4K | — | — |
| 2019 | $4.0M | $1.1M | $7.9M | $3K | — | View 990 |
| 2018 | $2.2M | $780K | $4.8M | $1K | — | View 990 |
| 2017 | $1.6M | $850K | $3.5M | $390 | — | View 990 |
| 2016 | $2.7M | $743K | $3.4M | $76 | — | View 990 |
| 2015 | $269K | $515K | $1.4M | $0 | — | View 990 |
| 2014 | $1.3M | $520K | $1.7M | $9K | — | View 990 |
| 2013 | $350K | $729K | $877K | $2K | — | View 990 |
| 2012 | $335K | $899K | $1.3M | $2K | — | View 990 |
| 2011 | $309K | $1.4M | $1.9M | $117K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.9M, expenses of $1.8M, and assets of $13.5M (revenue +18.7% year-over-year).
- 2022: Revenue of $3.3M, expenses of $2.8M, and assets of $11.3M (revenue +7.6% year-over-year).
- 2021: Revenue of $3.1M, expenses of $1.2M, and assets of $10.9M (revenue +9.2% year-over-year).
- 2020: Revenue of $2.8M, expenses of $1.5M, and assets of $9.2M (revenue -30.9% year-over-year).
- 2019: Revenue of $4.0M, expenses of $1.1M, and assets of $7.9M (revenue +86.3% year-over-year).
- 2018: Revenue of $2.2M, expenses of $780K, and assets of $4.8M (revenue +35.4% year-over-year).
- 2017: Revenue of $1.6M, expenses of $850K, and assets of $3.5M (revenue -41.4% year-over-year).
- 2016: Revenue of $2.7M, expenses of $743K, and assets of $3.4M (revenue +918.2% year-over-year).
- 2015: Revenue of $269K, expenses of $515K, and assets of $1.4M (revenue -79.2% year-over-year).
- 2014: Revenue of $1.3M, expenses of $520K, and assets of $1.7M (revenue +269.1% year-over-year).
- 2013: Revenue of $350K, expenses of $729K, and assets of $877K (revenue +4.7% year-over-year).
- 2012: Revenue of $335K, expenses of $899K, and assets of $1.3M (revenue +8.1% year-over-year).
- 2011: Revenue of $309K, expenses of $1.4M, and assets of $1.9M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Southern Shrimp Alliance Inc:
Data Sources and Methodology
This transparency report for Southern Shrimp Alliance 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.