Quick charity verification for Cedar Cove Broadcasting Inc (EIN: 204353712)
Verdict: Cedar Cove Broadcasting Inc has notable concerns
30/100Mission Score
$0Revenue
$0Assets
4Red Flags
1Strengths
Red Flags
Consistent negative net assets, indicating severe financial instability (e.g., $100,257 assets vs. $468,174 liabilities in 2022).
Extremely low reported expenses relative to revenue and assets ($275 in 2022, $1,574 in 2021), raising questions about operational activity and financial reporting accuracy.
Significant and persistent liabilities that far outweigh assets across all reported periods.
Lack of clarity on how revenue is utilized given the minimal reported expenses and 0% officer compensation.
Strengths
0% officer compensation reported across all filings, indicating no executive pay from the organization's funds.
Spending Breakdown
How Cedar Cove Broadcasting Inc allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
5%
Admin Costs
Reasonable — admin costs in check
5%
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 Cedar Cove Broadcasting Inc
Is Cedar Cove Broadcasting Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Cedar Cove Broadcasting Inc (EIN: 204353712) has notable concerns. Mission Score: 30/100. 4 red flags identified, 1 strength noted.
Is Cedar Cove Broadcasting Inc a good charity to donate to?
Cedar Cove Broadcasting Inc has a Mission Score of 30/100. Revenue: $0. Assets: $0. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Cedar Cove Broadcasting Inc?
The Employer Identification Number (EIN) for Cedar Cove Broadcasting Inc is 204353712. 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 Cedar Cove Broadcasting Inc spend its money?
Cedar Cove Broadcasting Inc allocates 90% to programs, 5% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Cedar Cove Broadcasting Inc's tax-exempt status?
You can verify Cedar Cove Broadcasting Inc's tax-exempt status using EIN 204353712 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
Cedar Cove Broadcasting Inc. appears to be in a precarious financial position, consistently operating with negative net assets. In 2022, the organization reported $144,008 in revenue against only $275 in expenses, which is an unusually low expense figure for an organization with over $100,000 in assets. This suggests either significant non-cash expenses or a very limited scope of operations, which warrants further investigation. The organization's liabilities have consistently outweighed its assets across all reported periods, with liabilities of $468,174 against assets of $100,257 in 2022, indicating a significant solvency issue.
The extremely low reported expenses in recent years ($275 in 2022, $1,574 in 2021) raise questions about the actual operational activities and how the organization is utilizing its revenue. While officer compensation has consistently been reported as 0%, which is a positive for donor confidence in executive pay, the overall financial health and the lack of detailed expense breakdown make it difficult to assess spending efficiency or program impact. The organization's transparency is limited by the available data, particularly regarding how its revenue is being applied given the minimal reported expenses.