Skutik River Restoration Trust

Nonprofit profile at a glance

EIN
920417576
IRS 990 coverage
2023–2025
Forms available
Form 990 2025
Location
Portland, ME, USA
Phone
2077721941
Rating
69
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Natural Resources Conservation and Protection

Reported finances

Revenue
$149,102
Expenses
$69,740
Assets
$359,471
Liabilities
$280,109

Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

5 people listed

Executive titles in this filing

  • Laura Rose Day (Executive Director)
  • Donald Soctomah (Vice President)
  • Edward Bassett (President)

Highest reported compensation

  • Laura Rose Day (Executive Director): $54,282 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The Skutik Trust works to restore the health of the Skutik River and its watershed working in cooperation with the Passamaquoddy Tribe, its members and all people who benefit from a restored and vital watershed.

What it reported doing in 2025

Skutik Trust monitored progress and consistently engaged with public and private entities including organizations, individuals, businesses and tribal, state, regional and governmental entities to ensure successful sea-run fish passage in the Skutik River watershed. Skutik Trust contributed extensive river and sea-run fish restoration expertise to help ensure the success of projects currently being planned or implemented at dams on the lower Skutik River to ensure sea-run fish effectively pass dam barriers to successfully migrate to and from historic habitat.Stukik Trust advocates for effective monitoring of fish passage projects in process to ensure they provide safe, timely and effective passage of all native fish throughout the watershed for the benefit of the Passamaquoddy tribe and all people throughout the watershed. On-going research and discussion with governmental and non-governmental partners concerning existing and planned monitoring efforts on the Skutik River, including international, state, tribal and academic efforts as foundation for a collaborative monitoring approach for the river. Working closely with partners including the Passamaquoddy Tribe, we continued to assessed restoration opportunities watershed wide. We also continued to monitor and participate in licensing proceedings and other public venues impacting dam management. We worked on strategic plan development to maximize positive impacts of Skutik River restoration to benefit the Passamaquoddy Tribe and all people of the watershed.Outreach: Skutik Trust engaged with hundreds of citizens, groups and leaders throughout and beyond the watershed to raise awareness and collaborate on Skutik River restoration. We secured resources to advance our web site for release in 2026, and identified and developed materials for use across electronic and print platforms.We worked with partners to organize events to foster awareness of Skutik River restoration with broad audiences, including planning a first-time event showcasing how art and artists can support Skutik River watershed restoration. We connected with people from throughout the watershed at Passamaquoddy Days, an annual multi-day event held each August since the 1970s by the Passamaquoddy Tribe for the entire community and attended by hundreds of people. We shared information and, to guide our work, listened to community members' input on Skutik River restoration efforts and on the cultural, economic, ecological and other benefits of a restored Skutik River. We also helped organize and participated in a long-distance run highlighting the upstream migration of alewives to promote support for Skutik restoration. We engaged with people watershed-wide and beyond through presentations and discussions with organizations, citizens, funders, community groups and others to build long-term support and collaboration to restore the Skutik River.

Operating model

Revenue model
Donor-supported. 99% of the money available for current operations came from contributions and gifts.
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

SUPPORTED - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 57
  • Transparency & Controls: 92
  • Accountability: 62
  • Sustainability: 68
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 37.8%; rating input score 38
  • Program expense ratio: 79.7%; rating input score 80
  • Fundraising efficiency: $96.58 raised per $1 spent on fundraising; rating input score 84; 84th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 64th 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: 80%; rating input score 80; 23rd percentile among comparable filings
  • Governance controls: 3 of 8 controls in place; rating input score 38
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • 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: 53.2%; rating input score 92; 92nd percentile among comparable filings
  • Total-asset coverage ratio: 5.15; rating input score 80; 80th percentile among comparable filings
  • Liabilities to assets ratio: 0.78; rating input score 5; 5th percentile among comparable filings
  • Officer compensation ratio: 77.8%; rating input score 1; 1st percentile among comparable filings

Growth

  • Program expense growth: 150% per year; rating input score 100; 99th percentile among comparable filings
  • Revenue growth: -21.7% per year; rating input score 0; 2nd percentile among comparable filings
  • Asset growth: 31.6% per year; rating input score 100; 91st percentile among comparable filings

Details

  • Where the money goes: 37.8% of revenue deployed · 79.7% of spending went to programs
  • Governance: 4 of 5 board members independent · 3 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $56K in reported program spending
  • Leadership: top reported pay $54K · 5 people listed
  • Consistency: 21 of 21 current checks pass
  • Schedules: 3 filed schedules · includes major donors
  • Filing history: 3 filing years from 2023 to 2025
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • Related organizations: Filed and resolved organization relationships.
  • 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.

  • Moderate — Financial Efficiency: Mission deployment rate scored 38/100.
  • Moderate — Accountability: Governance controls: 4 of 7 not reported.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Officer compensation ratio scored 1/100.
  • High — Sustainability: Liabilities to assets ratio scored 5/100.