Is Cruise Lines International Association Inc Legit?

Quick charity verification for Cruise Lines International Association Inc (EIN: 132600946)

Verdict: Cruise Lines International Association Inc appears trustworthy

75/100Mission Score

$37.2MRevenue

$34.7MAssets

2Red Flags

3Strengths

Red Flags

Consistent 0% reported officer compensation, which is unusual for an organization of this scale and could indicate incomplete compensation disclosure.
Significant increase in liabilities from $8.4M in 2021 to $20.2M in 2023, warranting further investigation into their nature and impact on financial stability.

Strengths

Consistent revenue generation, with latest revenue at $37,158,352 and a positive trend in most recent years.
Healthy asset growth, reaching $34,718,765, indicating financial stability and capacity.
Generally positive net income (revenue exceeding expenses) in most recent periods, demonstrating effective financial management.

Spending Breakdown

How Cruise Lines International Association Inc 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 Cruise Lines International Association Inc

Is Cruise Lines International Association Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Cruise Lines International Association Inc (EIN: 132600946) appears trustworthy. Mission Score: 75/100. 2 red flags identified, 3 strengths noted.

Is Cruise Lines International Association Inc a good charity to donate to?

Cruise Lines International Association Inc has a Mission Score of 75/100. Revenue: $37.2M. Assets: $34.7M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Cruise Lines International Association Inc?

The Employer Identification Number (EIN) for Cruise Lines International Association Inc is 132600946. 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 Cruise Lines International Association Inc spend its money?

Cruise Lines International Association Inc allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Cruise Lines International Association Inc's tax-exempt status?

You can verify Cruise Lines International Association Inc's tax-exempt status using EIN 132600946 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

Cruise Lines International Association Inc (CLIA) demonstrates a generally stable financial position, with revenues consistently exceeding expenses in most recent years, leading to growth in assets. For instance, in 2023, revenue was $34,711,742 against expenses of $31,423,442, contributing to an increase in assets to $32,295,037. The organization's liabilities have also seen an increase, reaching $20,227,718 in 2023, which warrants monitoring to ensure a healthy debt-to-asset ratio. The consistent reporting of 0% officer compensation across all available filings suggests that executive compensation is either not reported in this category or is non-existent, which could be a positive indicator of resource allocation if accurate, but also raises questions about the completeness of compensation disclosure if executives are indeed compensated through other means not captured in 'Officer Comp'.

CLIA's spending efficiency appears reasonable, with a consistent surplus in most years, indicating effective management of its operational budget. The organization's primary function, as a trade association, would typically involve significant program spending related to advocacy, research, and industry promotion. Without a detailed breakdown of program, administrative, and fundraising expenses from the provided data, a precise assessment of spending efficiency is challenging. However, the overall financial health, marked by increasing assets and consistent revenue generation, suggests a well-managed entity. The lack of reported officer compensation is a notable point regarding transparency, as it could either signify a highly efficient, volunteer-led executive structure or an area where compensation details are not fully transparent in the provided summary data.

View Full Transparency Report →

Disclaimer

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