Cat Action Treasury Inc
Nonprofit profile at a glance
- EIN
- 850435896
- IRS 990 coverage
- 2022–2024
- Forms available
- Form 990 2024, Form 990-EZ 2021, Form 990-N 2020
- Location
- Cape Neddick, ME, USA
- Phone
- 2077039887
- Rating
- 74
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Natural Resources Conservation and Protection
Reported finances
- Revenue
- $637,900
- Expenses
- $629,612
- Assets
- $558,727
- Liabilities
- $0
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
4 people listed
Executive titles in this filing
- Kristin Nowell (Executive Director)
- Kristin Nowell (President)
Highest reported compensation
- Kristin Nowell (Executive Director): $21,000 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Charitable - wildlife conservation
What it reported doing in 2024
One major program: conservation of Mexico's vaquita marina Phocoena sinus porpoise, one of the world's most endangered animals. Major accomplishments: funded Mexican organizations to promote legal sustainable fishing gear that does not pose an entanglement risk to the vaquita, promote collection & recycling of fishing nets, conduct scientific research on vaquita status, analyze vaquita conservation policy and raise awareness of marine conservation issues. The Executive Director wrote 5 grant proposals to raise funding for fiscal year 2024, briefed multiple actors and organizations on the plight of the vaquita, and contributed to reports, popular articles and social media for awareness raising.
Operating model
- Revenue model
- Donor-supported. 77% of the money available for current operations came from contributions and gifts.
- Distribution model
- Grant intermediary. The nonprofit sent 92% of its reported program spending out as grants.
The verdict
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. A relatively small share of voting board members are independent and the filing reports few safeguards for money sent abroad.
Rating breakdown
- Financial Efficiency: 96
- Transparency & Controls: 75
- Accountability: 26
- Sustainability: 48
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 97.3%; rating input score 97
- Program expense ratio: 98.5%; rating input score 98
- Fundraising efficiency: $108.11 raised per $1 spent on fundraising; rating input score 87; 87th percentile among comparable filings
Transparency & Controls
- Consistency checks: 90.9%; rating input score 91; 8th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: 2 of 8 controls in place; rating input score 25
- Claims monitoring procedures: Pass
- Requires narrative reports: Fail
- Conducts field audits: Fail
- May suspend future funding: Fail
- Requires financial reports: Pass
- Conducts site visits: Fail
- Requires grant agreements: Fail
- May require repayment: Fail
- Grant itemization coverage: 96.3%; rating input score 96; 43rd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 0%; rating input score 0; 5th percentile among comparable filings
- Governance controls: 5 of 8 controls in place; rating input score 62
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Fail
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 1.3%; rating input score 40; 40th percentile among comparable filings
- Total-asset coverage ratio: 0.89; rating input score 39; 39th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 91; 91st percentile among comparable filings
- Officer compensation ratio: 3.3%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: 21.4% per year; rating input score 100; 84th percentile among comparable filings
- Revenue growth: 30.3% per year; rating input score 100; 92nd percentile among comparable filings
- Asset growth: 21.8% per year; rating input score 100; 84th percentile among comparable filings
Details
- Where the money goes: 97.3% of revenue deployed · 98.5% of spending went to programs
- Governance: 0 of 1 board members independent · 5 of 8 filing controls reported
- Programs: 1 filed program accomplishment · $620K in reported program spending
- Leadership: top reported pay $21K · 4 people listed
- Consistency: 41 of 43 current checks pass · 2 findings to review
- Schedules: 5 filed schedules · includes major donors, foreign activity, and grants
- Filing history: 3 filing years from 2022 to 2024
- Contacts: How to reach this organization
- Money network: 3 filed money-flow records
- Related organizations: 1 filed related-organization link
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Accountability: Independent voting board scored 0/100.
- High — Transparency & Controls: Foreign activity oversight: 6 of 8 not reported.
- Review — Accountability: Governance controls: 2 of 7 not reported.
- Moderate — Sustainability: Operating margin scored 40/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 39/100.
- Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.
- Review — Transparency & Controls: Foreign grant itemization did not reconcile in the filed values.
- Review — Sustainability: Officer compensation ratio scored 56/100.