International Seaplane Fly-in Inc C/o Malcolm R Folsom President is a 501(c)(7) organization based in Greenville, Maine, registered in 1995, with $19,573 in FY2023 revenue. CharityIndex grades it F.
Revenue (FY2023)
$20K
▲ 74.5% vs prior year
Expenses (FY2023)
$34K
Net assets
$94K
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for International Seaplane Fly-in Inc C/o Malcolm R Folsom President— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For International Seaplane Fly-in Inc C/o Malcolm R Folsom President: 34 mo reserves · -72% margin earns a F on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for International Seaplane Fly-in Inc C/o Malcolm R Folsom President— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For International Seaplane Fly-in Inc C/o Malcolm R Folsom President: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue declined from $21K (FY2017) to $20K (FY2023) across 7 reported years.
Financial snapshot
Operating margin
-71.7%
Spent more than it raised in the latest fiscal year.
Total assets
$94K
Total liabilities
$0
Net assets
$94K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $19,573▲74.5% | $33,606▲401% | $94,208▼13.0% | $94,208▼13.0% | 990EZ |
| 2022 | $11,218▼60.1% | $6,707▲179% | $108,241▲4.3% | $108,241▲4.3% | 990EZ |
| 2021 | $28,138▲9973% | $2,403▼48.4% | $103,730▲27.4% | $103,730▲27.4% | 990EZ |
| 2020 | -$285▼101% | $4,661▼68.2% | $81,403▼6.5% | $81,403▼6.5% | 990EZ |
| 2019 | $22,056▼23.6% | $14,648▲48.4% | $87,021▲9.3% | $87,021▲9.3% | 990EZ |
| 2018 | $28,886▲39.1% | $9,871▼14.7% | $79,613▲30.6% | $79,613▲30.6% | 990EZ |
| 2017 | $20,765 | $11,569 | $60,968 | $60,968 | 990EZ |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Data for International Seaplane Fly-in Inc C/o Malcolm R Folsom President (EIN 01-0467049) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.