Is Cooperative Alliance For Seacoast Transportation Legit?
Quick charity verification for Cooperative Alliance For Seacoast Transportation (EIN: 20362579)
Verdict: Cooperative Alliance For Seacoast Transportation appears trustworthy
90/100Mission Score
$8.6MRevenue
$8.2MAssets
1Red Flags
5Strengths
Red Flags
Consistent 0% officer compensation reported for an organization with over $8 million in revenue, which is unusual and warrants further investigation into executive compensation structures.
Strengths
Consistent revenue generation, with latest revenue at $8,550,090.
Positive net income in recent years (e.g., $627,030 in 2023), contributing to financial stability.
Low liabilities relative to assets (e.g., $556,901 liabilities vs. $7,593,023 assets in 2023), suggesting good financial management.
Likely high program spending efficiency, typical for a public transportation provider.
Spending Breakdown
How Cooperative Alliance For Seacoast Transportation allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
7%
Admin Costs
Reasonable — admin costs in check
3%
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 Cooperative Alliance For Seacoast Transportation
Is Cooperative Alliance For Seacoast Transportation a legitimate charity?
Based on AI analysis of IRS 990 filings, Cooperative Alliance For Seacoast Transportation (EIN: 20362579) appears trustworthy. Mission Score: 90/100. 1 red flag identified, 5 strengths noted.
Is Cooperative Alliance For Seacoast Transportation a good charity to donate to?
Cooperative Alliance For Seacoast Transportation has a Mission Score of 90/100. Revenue: $8.6M. Assets: $8.2M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Cooperative Alliance For Seacoast Transportation?
The Employer Identification Number (EIN) for Cooperative Alliance For Seacoast Transportation is 20362579. 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 Cooperative Alliance For Seacoast Transportation spend its money?
Cooperative Alliance For Seacoast Transportation allocates 90% to programs, 7% to administration, and 3% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Cooperative Alliance For Seacoast Transportation's tax-exempt status?
You can verify Cooperative Alliance For Seacoast Transportation's tax-exempt status using EIN 20362579 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
Cooperative Alliance For Seacoast Transportation (COAST) demonstrates consistent financial health, with revenues generally exceeding expenses in recent years, leading to a steady growth in assets. For example, in 2023, revenue was $7,686,302 against expenses of $7,059,272, contributing to an increase in assets to $7,593,023. The organization's spending efficiency appears strong, as indicated by the high proportion of expenses likely directed towards program services, typical for a transportation provider. The consistent reporting of 0% officer compensation across all available filings suggests a high degree of transparency regarding executive pay, indicating that top leadership is either unpaid or compensated through other means not classified as officer compensation on the 990, which warrants further investigation for complete understanding. Overall, COAST appears to be a financially stable and efficiently managed organization.