Is Carl H Oliver Scuba For Charity Foundation Legit?
Quick charity verification for Carl H Oliver Scuba For Charity Foundation (EIN: 10745407)
Verdict: Carl H Oliver Scuba For Charity Foundation appears trustworthy
85/100Mission Score
$10KRevenue
$918Assets
2Red Flags
3Strengths
Red Flags
Very low asset base, potentially limiting long-term stability or capacity for larger initiatives (e.g., $182 in 2023)
Lack of detailed expense breakdown in available data makes precise program efficiency difficult to ascertain beyond officer compensation.
Strengths
Consistent 0% officer compensation, indicating highly efficient use of funds for executive salaries.
Zero reported liabilities across all filings, demonstrating strong financial management and no debt.
Consistent operation over many years (12 filings), suggesting a dedicated volunteer base and stable, albeit small, operation.
Spending Breakdown
How Carl H Oliver Scuba For Charity Foundation allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
0%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about Carl H Oliver Scuba For Charity Foundation
Is Carl H Oliver Scuba For Charity Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Carl H Oliver Scuba For Charity Foundation (EIN: 10745407) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 3 strengths noted.
Is Carl H Oliver Scuba For Charity Foundation a good charity to donate to?
Carl H Oliver Scuba For Charity Foundation has a Mission Score of 85/100. Revenue: $10K. Assets: $918. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Carl H Oliver Scuba For Charity Foundation?
The Employer Identification Number (EIN) for Carl H Oliver Scuba For Charity Foundation is 10745407. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does Carl H Oliver Scuba For Charity Foundation spend its money?
Carl H Oliver Scuba For Charity Foundation allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Carl H Oliver Scuba For Charity Foundation's tax-exempt status?
You can verify Carl H Oliver Scuba For Charity Foundation's tax-exempt status using EIN 10745407 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
The Carl H Oliver Scuba For Charity Foundation operates on a very small scale, with recent annual revenues consistently below $10,000. Its financial health appears stable but limited, with assets remaining very low, typically under $1,000. For instance, in 2023, assets were only $182. The organization consistently reports zero liabilities, indicating a lack of debt, which is a positive sign for financial stability, albeit at a minimal level. The foundation's spending efficiency is difficult to fully assess without a detailed breakdown of expenses beyond total expenses. However, the consistent reporting of 0% officer compensation across all available filings suggests that administrative costs related to executive salaries are non-existent, which is a strong indicator of efficient use of funds for a small organization. Transparency is good in terms of officer compensation, but a more detailed breakdown of program vs. administrative expenses would enhance understanding of spending efficiency.