Science & Technology
(U42)
IRS Verified
DX Registered
990 on File
NANTUCKET SHELLFISH ASSOCIATION INC
Financial strength (30%)
49/100
Reliability (20%)
55/100
Effectiveness (25%)
48/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Mission Statement
The Nantucket Shellfish Association is dedicated to preserving Nantucket’s harbors, estuaries, and shellfish resources by promoting environmental stewardship, supporting sustainable fisheries, improving water quality, and educating the community to protect the island’s marine ecosystem for future generations.
Financial Overview — FY 2023
$373K
Total Revenue
$236K
Total Expenses
$662K
Net Assets
1
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
43.6%
Fundraising Efficiency
37.7%
Operating Reserve
33.67x
Liability-to-Asset
0.7%
Revenue Diversification
81.4%
Executive Compensation
$110K
Compared with Peers
FY 2023
Compared with 730 similar organizations
(United States, Science & Technology, $100K–$1M in expenses), FY 2023.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
43.6% | 84.3% |
P10P90
|
Bottom quarter |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
31.4% | 13.9% |
P10P90
|
Bottom quarter |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
25.0% | 0.0% |
P10P90
|
Bottom quarter |
|
Fundraising efficiency
Fundraising expenses / gross fundraising income
· lower is better
|
37.7% | 8.2% |
P10P90
|
Below median |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
33.7 mo | 11.3 mo |
P10P90
|
Top quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
0.7% | 0.8% |
P10P90
|
Above median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
81.4% | 93.4% |
P10P90
|
Above median |
|
Revenue growth
Year over year revenue growth
|
40.6% | 10.8% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
53.8% | 14.6% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
36.7% | 2.0% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2023 | $373K | $236K | $662K | 43.6% | 1 |
| 2022 | $265K | $154K | $526K | 43.9% | 0 |
| 2021 | $211K | $102K | N/A | — | 0 |
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