Salem Sound 2000 Inc
Nonprofit profile at a glance
- EIN
- 043354518
- IRS 990 coverage
- 2020–2024
- Forms available
- Form 990 2024
- Location
- Salem, MA, USA
- Phone
- 9787417900
- Rating
- 87
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Pollution Abatement and Control Services
Reported finances
- Revenue
- $647,366
- Expenses
- $566,229
- Assets
- $1,021,763
- Liabilities
- $31,658
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
11 people listed
Executive titles in this filing
- REBECCA DUPONT-COUTU (PRESIDENT)
- MARTHA BEDNARZ (VICE PRESIDENT)
People named in this filing
- GILLIAN ANDREWS (DIRECTOR)
- TAMMY BRODIE (DIRECTOR)
- DAVID CALDWELL (DIRECTOR)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The mission of the organization is to protect and improve the environment quality of salem sound and its watershed.
What it reported doing in 2024
Salem sound coastwatch has a grant from costal habitat and water quality grant from Massachusetts office of costal zone management to complete the "north river rain gardens case study". The north river rain gardens were built at commercial street, under salem's north river low impact development retrofit project- cpr env13 czm02(design) and cpr env15 cxm01 (construction). Salem sound coastwatch has been a partner in this project from the beginning and continues to promote and maintain these rain gardens. The capacity building project developed three online products that showcase the north river rain gardens' success: an executive summary, an ersi story map, and 2 videos in english and spanish as well as the challenges and lessons learned. These products promote the use of stormwater green infrastructure in urban and costal areas to increase equity and access to clean costal waters and associated uses across the commonwealth.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and fundraising costs are high for each dollar raised.
Rating breakdown
- Financial Efficiency: 84
- Transparency & Controls: 92
- Accountability: 88
- Sustainability: 65
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 82.9%; rating input score 83
- Program expense ratio: 94.3%; rating input score 94
- Fundraising efficiency: $20.33 raised per $1 spent on fundraising; rating input score 59; 59th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 5 of 7 controls in place; rating input score 71
- Conflict-of-interest policy: Pass
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 12.5%; rating input score 66; 66th percentile among comparable filings
- Total-asset coverage ratio: 1.8; rating input score 61; 61st percentile among comparable filings
- Liabilities to assets ratio: 0.03; rating input score 58; 58th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 81; 81st percentile among comparable filings
Growth
- Program expense growth: 9.8% per year; rating input score 100; 62nd percentile among comparable filings
- Revenue growth: 11% per year; rating input score 100; 69th percentile among comparable filings
- Asset growth: 18.8% per year; rating input score 100; 80th percentile among comparable filings
Details
- Where the money goes: 82.9% of revenue deployed · 94.3% of spending went to programs
- Governance: 11 of 11 board members independent · 5 of 7 filing controls reported
- Programs: 4 filed program accomplishments · $534K in reported program spending
- Leadership: top reported pay $0 · 11 people listed
- Consistency: 22 of 22 current checks pass
- Schedules: 3 filed schedules · includes major donors
- Filing history: 4 filing years from 2020 to 2024
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- 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.
- Review — Accountability: Governance controls: 2 of 7 not reported.
- Review — Financial Efficiency: Fundraising efficiency scored 59/100.
- Review — Sustainability: Liabilities to assets ratio scored 58/100.