Is Coastal Family Hospice Legit?

Quick charity verification for Coastal Family Hospice (EIN: 10369732)

Verdict: Coastal Family Hospice appears trustworthy

75/100Mission Score

$103KRevenue

$379KAssets

3Red Flags

3Strengths

Red Flags

Consistent operating deficits in recent years (2021-2023)
Declining asset base from 2020 peak ($488,739) to 2023 ($418,254)
Significant year-over-year revenue volatility, making future income less predictable

Strengths

Zero executive compensation reported across all filings, indicating high efficiency in this area.
Low liabilities consistently maintained, suggesting responsible debt management.
Long history of IRS 990 filings (13 filings), demonstrating commitment to transparency.

Spending Breakdown

How Coastal Family Hospice allocates its funds across programs, administration, and fundraising.

80%

Program Spending

Healthy — majority goes to mission

15%

Admin Costs

Reasonable — admin costs in check

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 Coastal Family Hospice

Is Coastal Family Hospice a legitimate charity?

Based on AI analysis of IRS 990 filings, Coastal Family Hospice (EIN: 10369732) appears trustworthy. Mission Score: 75/100. 3 red flags identified, 3 strengths noted.

Is Coastal Family Hospice a good charity to donate to?

Coastal Family Hospice has a Mission Score of 75/100. Revenue: $103K. Assets: $379K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Coastal Family Hospice?

The Employer Identification Number (EIN) for Coastal Family Hospice is 10369732. 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 Coastal Family Hospice spend its money?

Coastal Family Hospice allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Coastal Family Hospice's tax-exempt status?

You can verify Coastal Family Hospice's tax-exempt status using EIN 10369732 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

Coastal Family Hospice, a small hospice organization in Rockland, ME, demonstrates a mixed financial picture. While the organization has maintained a consistent presence with 13 filings, recent years show a trend of expenses exceeding revenue. For instance, in 2023, expenses were $135,329 against revenues of $92,967, and in 2022, expenses were $111,921 against revenues of $97,332. This indicates a reliance on prior year surpluses or asset drawdowns to cover operational costs. The organization's assets have also seen a decline from a peak of $488,739 in 2020 to $418,254 in 2023, further suggesting a use of reserves. 

On the positive side, the organization reports 0% officer compensation across all available filings, which is a strong indicator of financial efficiency and a commitment to directing funds towards its mission rather than executive salaries. The NTEE code P74 suggests a focus on hospice care, aligning with its name. However, without a detailed breakdown of expenses (program, administrative, fundraising) in the provided data, a precise assessment of spending efficiency is challenging. The consistent low liabilities across all periods ($2,109 in 2023) suggest good financial management regarding debt.

Transparency is generally good given the consistent filing history. However, the lack of detailed expense categories in the provided summary limits a deeper analysis of how funds are allocated. The significant fluctuations in revenue, such as $312,190 in 2020 compared to $92,967 in 2023, could indicate reliance on specific grants or large donations, which might introduce funding volatility.

View Full Transparency Report →

Disclaimer

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