Is Character Counts Mid Shore Inc Legit?

Quick charity verification for Character Counts Mid Shore Inc (EIN: 10568122)

Verdict: Character Counts Mid Shore Inc shows mixed signals

65/100Mission Score
$146KRevenue
$85KAssets
2Red Flags
3Strengths

Red Flags

Strengths

AI Transparency Report

Character Counts Mid Shore Inc. demonstrates a consistent operational history with revenues generally in the $120,000 - $150,000 range over the past several years. The organization's financial health shows some variability, with expenses exceeding revenue in recent periods (e.g., 201912: Revenue $126,902, Expenses $134,367; 201812: Revenue $129,148, Expenses $146,394), leading to a gradual decline in assets from a high of $120,696 in 201612 to $84,981 in 201912. This trend suggests that the organization is spending more than it brings in, which could impact long-term sustainability if not addressed. The organization's spending efficiency is difficult to fully assess without a detailed breakdown of program, administrative, and fundraising expenses from the provided data. However, the consistent lack of reported officer compensation (0% in all available filings) indicates that executive leadership is likely volunteer-based or compensated through other means not categorized as officer compensation, which can be a positive sign for resource allocation directly to mission-related activities. The organization's assets are modest relative to its annual revenue, suggesting a lean operational model. Transparency appears to be adequate given the regular filing of IRS Form 990s. The consistent reporting of financial data over nine periods allows for a clear historical view of its financial activities. However, without more granular expense data, it's challenging to fully evaluate how efficiently funds are being allocated across different functions. The decline in assets and recurring deficits in recent years warrant closer monitoring.

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Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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