St Marys River Watershed Association Inc
St Marys River Watershed Association Inc maintains strong financial health with zero liabilities and no officer compensation.
EIN: 202518203 · St Marys City, MD · NTEE: C32 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $262K |
| Total Expenses | $141K |
| Program Spending | 85% |
| CEO/Top Officer Pay | $83,889 |
| Net Assets | $188K |
| Transparency Score | 90/100 |
Is St Marys River Watershed Association Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
St Marys River Watershed Association Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About St Marys River Watershed Association Inc
St Marys River Watershed Association Inc (EIN: 202518203) is a nonprofit organization based in St Marys City, MD, classified under NTEE code C32. The organization reported total revenue of $262K and total assets of $301K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of St Marys River Watershed Association Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
St Marys River Watershed Association Inc is a small nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $130K |
| Total Expenses | $141K |
| Surplus / Deficit | $-11,138 |
| Total Assets | $188K |
| Net Assets | $188K |
| Operating Margin | -8.6% |
| Months of Reserves | 16.0 months |
Financial Health Grade: B
In 2023, St Marys River Watershed Association Inc reported a deficit of $11K with expenses exceeding revenue, holds 16.0 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), St Marys River Watershed Association Inc's revenue has grown at a compound annual growth rate (CAGR) of 4.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -17.4% | +20.4% | -5.6% |
| 2022 | +93.4% | +39.8% | +22.0% |
| 2021 | -13.5% | -6.2% | -3.4% |
| 2020 | -37.7% | -34.4% | -4.7% |
| 2019 | +76.9% | +50.2% | +21.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2006 |
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 St Marys River Watershed Association 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, St Marys River Watershed Association 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 deficit of $11K, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that the organization's leadership is entirely volunteer-based, which is highly commendable for an organization of its size with annual expenses ranging from $83,889 to $141,244.
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 St Marys River Watershed Association Inc:
- Zero liabilities reported consistently across all filings, indicating excellent financial health.
- Zero officer compensation reported, demonstrating a strong commitment to volunteer leadership and mission-focused spending.
- Healthy asset base relative to annual expenses, providing financial stability and reserves (e.g., $188,362 assets vs. $141,244 expenses in 2023).
- Consistent filing history (13 filings) indicates transparency and compliance.
- Latest revenue of $261,598 shows significant growth and increased support compared to previous years.
Frequently Asked Questions about St Marys River Watershed Association Inc
Is St Marys River Watershed Association Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, St Marys River Watershed Association Inc (EIN: 202518203) appears legitimate. Mission Score: 90/100. 0 red flags identified, 5 strengths noted.
How does St Marys River Watershed Association Inc spend its money?
St Marys River Watershed Association Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to St Marys River Watershed Association Inc tax-deductible?
St Marys River Watershed Association Inc is registered as a tax-exempt nonprofit (EIN: 202518203). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the St Marys River Watershed Association Inc CEO make?
St Marys River Watershed Association Inc's highest-compensated officer earns $83,889 annually. The organization reported $262K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of St Marys River Watershed Association Inc's spending goes to programs?
St Marys River Watershed Association Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does St Marys River Watershed Association Inc compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), St Marys River Watershed Association Inc is above average for NTEE category C32 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is St Marys River Watershed Association Inc located?
St Marys River Watershed Association Inc is headquartered in St Marys City, Maryland and files with the IRS under EIN 202518203. It is classified under NTEE code C32.
How many years of IRS 990 filings does St Marys River Watershed Association Inc have?
St Marys River Watershed Association 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 $262K in total revenue.
Is St Marys River Watershed Association Inc a good charity?
Based on the provided financial data, St Marys River Watershed Association Inc appears to be a very good charity. It consistently reports zero liabilities, indicating strong financial management, and zero officer compensation, suggesting a high dedication to its mission with volunteer leadership. Its asset base provides a healthy reserve, and its revenue has shown growth.
How does the organization manage its finances?
The organization manages its finances prudently, consistently reporting zero liabilities across all 13 filings. This indicates a strong ability to meet its financial obligations and avoid debt. Its assets have also grown over time, from $134,395 in 2014 to $188,362 in 2023, demonstrating responsible asset accumulation.
What is the trend in the organization's revenue?
The organization's revenue has fluctuated but shows an overall positive trend. While there were dips, such as in 2021 ($81,453), it has recovered strongly, reaching $157,564 in 2022 and a latest reported revenue of $261,598, which is significantly higher than previous years and suggests growing support.
Filing History
IRS 990 filing history for St Marys River Watershed Association Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), St Marys River Watershed Association Inc's revenue has grown by 62%, moving from $80K to $130K. Total assets increased by 151.1% over the same period, from $75K to $188K. Total functional expenses rose by 106.1%, from $69K to $141K. In its most recent filing year (2023), St Marys River Watershed Association Inc reported a deficit of $11K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $130K | $141K | $188K | $0 | — | View 990 |
| 2022 | $158K | $117K | $200K | $0 | — | View 990 |
| 2021 | $81K | $84K | $164K | $0 | — | View 990 |
| 2020 | $94K | $89K | $169K | $0 | — | View 990 |
| 2019 | $151K | $136K | $178K | $0 | — | View 990 |
| 2018 | $85K | $91K | $146K | $0 | — | View 990 |
| 2017 | $88K | $89K | $161K | $0 | — | View 990 |
| 2016 | $111K | $114K | $159K | $0 | — | View 990 |
| 2015 | $143K | $127K | $150K | $0 | — | View 990 |
| 2014 | $151K | $126K | $134K | $0 | — | View 990 |
| 2013 | $176K | $181K | $107K | $0 | — | View 990 |
| 2012 | $191K | $158K | $108K | $0 | — | View 990 |
| 2011 | $80K | $69K | $75K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $130K, expenses of $141K, and assets of $188K (revenue -17.4% year-over-year).
- 2022: Revenue of $158K, expenses of $117K, and assets of $200K (revenue +93.4% year-over-year).
- 2021: Revenue of $81K, expenses of $84K, and assets of $164K (revenue -13.5% year-over-year).
- 2020: Revenue of $94K, expenses of $89K, and assets of $169K (revenue -37.7% year-over-year).
- 2019: Revenue of $151K, expenses of $136K, and assets of $178K (revenue +76.9% year-over-year).
- 2018: Revenue of $85K, expenses of $91K, and assets of $146K (revenue -3.2% year-over-year).
- 2017: Revenue of $88K, expenses of $89K, and assets of $161K (revenue -20.9% year-over-year).
- 2016: Revenue of $111K, expenses of $114K, and assets of $159K (revenue -22.3% year-over-year).
- 2015: Revenue of $143K, expenses of $127K, and assets of $150K (revenue -4.9% year-over-year).
- 2014: Revenue of $151K, expenses of $126K, and assets of $134K (revenue -14.3% year-over-year).
- 2013: Revenue of $176K, expenses of $181K, and assets of $107K (revenue -7.7% year-over-year).
- 2012: Revenue of $191K, expenses of $158K, and assets of $108K (revenue +137.3% year-over-year).
- 2011: Revenue of $80K, expenses of $69K, and assets of $75K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for St Marys River Watershed Association Inc:
Data Sources and Methodology
This transparency report for St Marys River Watershed Association 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.