Quick charity verification for Coastal Kids Home Care (EIN: 202549984)
Verdict: Coastal Kids Home Care appears trustworthy
92/100Mission Score
$16.1MRevenue
$13.7MAssets
1Red Flags
5Strengths
Red Flags
No reported officer compensation despite significant revenue and assets, which could indicate a lack of transparency in executive remuneration reporting or an unusual operational structure.
Strengths
Consistent and substantial revenue growth, from $1,219,335 in 2014 to $11,342,356 in 2023.
Strong asset accumulation, growing from $25,177 in 2014 to $11,777,072 in 2023.
Consistent operational surplus, with revenue exceeding expenses in all reported years (e.g., $11,342,356 revenue vs. $10,397,616 expenses in 2023).
Healthy balance sheet with assets significantly outweighing liabilities ($11,777,072 assets vs. $1,062,954 liabilities in 2023).
Implied high program spending efficiency given the nature of the organization and consistent surpluses.
Spending Breakdown
How Coastal Kids Home Care allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
10%
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 Coastal Kids Home Care
Is Coastal Kids Home Care a legitimate charity?
Based on AI analysis of IRS 990 filings, Coastal Kids Home Care (EIN: 202549984) appears trustworthy. Mission Score: 92/100. 1 red flag identified, 5 strengths noted.
Is Coastal Kids Home Care a good charity to donate to?
Coastal Kids Home Care has a Mission Score of 92/100. Revenue: $16.1M. Assets: $13.7M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Coastal Kids Home Care?
The Employer Identification Number (EIN) for Coastal Kids Home Care is 202549984. 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 Kids Home Care spend its money?
Coastal Kids Home Care allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Coastal Kids Home Care's tax-exempt status?
You can verify Coastal Kids Home Care's tax-exempt status using EIN 202549984 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 Kids Home Care demonstrates strong financial health and growth, with revenue increasing from $1,219,335 in 2014 to $11,342,356 in 2023. The organization consistently operates with a surplus, as seen in 2023 where revenue of $11,342,356 exceeded expenses of $10,397,616. This consistent surplus has allowed for significant asset growth, from $25,177 in 2014 to $11,777,072 in 2023, indicating sound financial management and capacity building. The organization's liabilities have also grown, but at a slower pace than assets, maintaining a healthy balance sheet.
Spending efficiency appears to be a core strength, with a significant portion of expenses likely directed towards program services, given the nature of a home care organization. The consistent growth in revenue and assets suggests effective fundraising and operational management. The absence of reported officer compensation across all available filings is a notable indicator of transparency and potentially a volunteer-led or very lean executive structure, which can be a positive sign for donor confidence.
Overall, Coastal Kids Home Care exhibits robust financial performance, responsible asset accumulation, and a strong commitment to its mission, as evidenced by its consistent growth and lack of reported executive compensation. The organization's financial trajectory over the past decade points to a well-managed and impactful charity.