Is Dancing Tides Foundation Inc Legit?

Quick charity verification for Dancing Tides Foundation Inc (EIN: 10553351)

Verdict: Dancing Tides Foundation Inc appears trustworthy

85/100Mission Score
$5.1MRevenue
$20.3MAssets
2Red Flags
3Strengths

Red Flags

Strengths

AI Transparency Report

Dancing Tides Foundation Inc demonstrates a generally stable financial position with significant assets, though its revenue has fluctuated considerably over the past decade. In 2023, the organization reported $4,505,255 in revenue against $4,511,255 in expenses, indicating spending closely aligned with income. The foundation consistently reports 0% officer compensation across all available filings, which is a strong indicator of transparency and a commitment to directing funds towards its mission rather than executive salaries. While specific program, administrative, and fundraising expense breakdowns are not provided in the summary data, the absence of officer compensation suggests a lean operational structure in that regard. The substantial asset base, reaching $20,266,982 in the latest period, provides a solid financial cushion, although it has seen a slight decline from its peak of $22,255,213 in 2014.

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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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