Is Domestic Commercial Fishing Village Tenants Association Legit?
Quick charity verification for Domestic Commercial Fishing Village Tenants Association (EIN: 208391283)
Verdict: Domestic Commercial Fishing Village Tenants Association appears trustworthy
85/100Mission Score
$656KRevenue
$870KAssets
2Red Flags
4Strengths
Red Flags
Significant deficit in the latest fiscal period (202312), with expenses exceeding revenue by $238,856.
Fluctuating revenue and expense patterns, with expenses occasionally exceeding revenue in multiple periods (e.g., 202312, 202012, 201712).
Strengths
Consistent reporting of 0% officer compensation across all 13 filings, indicating strong financial stewardship regarding executive pay.
Robust asset base, consistently above $800,000 and often over $1 million, providing financial stability.
Low and stable liabilities (approximately $16,154), indicating minimal debt burden.
Long and consistent filing history (13 filings), demonstrating a commitment to transparency and accountability.
Spending Breakdown
How Domestic Commercial Fishing Village Tenants Association allocates its funds across programs, administration, and fundraising.
80%
Program Spending
Healthy — majority goes to mission
15%
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 Domestic Commercial Fishing Village Tenants Association
Is Domestic Commercial Fishing Village Tenants Association a legitimate charity?
Based on AI analysis of IRS 990 filings, Domestic Commercial Fishing Village Tenants Association (EIN: 208391283) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
Is Domestic Commercial Fishing Village Tenants Association a good charity to donate to?
Domestic Commercial Fishing Village Tenants Association has a Mission Score of 85/100. Revenue: $656K. Assets: $870K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Domestic Commercial Fishing Village Tenants Association?
The Employer Identification Number (EIN) for Domestic Commercial Fishing Village Tenants Association is 208391283. 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 Domestic Commercial Fishing Village Tenants Association spend its money?
Domestic Commercial Fishing Village Tenants Association allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Domestic Commercial Fishing Village Tenants Association's tax-exempt status?
You can verify Domestic Commercial Fishing Village Tenants Association's tax-exempt status using EIN 208391283 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
The Domestic Commercial Fishing Village Tenants Association demonstrates consistent financial activity, with revenues generally in the range of $600,000-$700,000 in recent years, though the latest period (202312) shows expenses ($888,847) significantly exceeding revenue ($649,991), resulting in a net deficit. This trend of expenses occasionally surpassing revenue is observed in other periods as well, such as 202012 and 201712. Despite these fluctuations, the organization maintains a healthy asset base, consistently above $800,000 and often over $1 million, with relatively stable and low liabilities of approximately $16,154. The consistent reporting of 0% officer compensation across all available filings indicates strong transparency regarding executive pay and suggests that leadership is either volunteer-based or compensated through other means not classified as officer compensation, which is a positive sign for donor confidence.
While the organization's asset base is robust, the recurring deficits, particularly the substantial one in 202312 where expenses were nearly $240,000 more than revenue, warrant closer examination. This could indicate reliance on reserves or non-operating income to cover costs. The NTEE code S41 (Tenant & Homeowners Associations) suggests a focus on community support, and the consistent financial reporting over 13 filings indicates a commitment to transparency. However, without a detailed breakdown of program, administrative, and fundraising expenses, it's challenging to fully assess spending efficiency. The lack of officer compensation is a significant strength in terms of financial stewardship.
Overall, the organization appears financially stable due to its strong asset base and low liabilities, but the recent trend of expenses exceeding revenue needs to be monitored. Its transparency regarding executive compensation is excellent, and the long filing history suggests a well-established and accountable entity. Further insight into the allocation of expenses would provide a more complete picture of its operational efficiency.