Is Early Learning Coalition Of Northwest Florida Inc Legit?
Quick charity verification for Early Learning Coalition Of Northwest Florida Inc (EIN: 20751749)
Verdict: Early Learning Coalition Of Northwest Florida Inc appears trustworthy
95/100Mission Score
$30.5MRevenue
$3.7MAssets
1Red Flags
5Strengths
Red Flags
No reported officer compensation, which is unusual for an organization of this size and could warrant further inquiry into how leadership is supported or if compensation is reported differently.
Strengths
Strong program spending, with expenses consistently near revenue, indicating direct application of funds to mission.
Significant revenue growth from $17.2M in 2019 to $41.7M in 2023, demonstrating increased capacity and impact.
Consistent reporting of 0% officer compensation across all filings, highlighting a commitment to maximizing program dollars.
Healthy asset-to-liability ratio, indicating sound financial management and stability.
High spending efficiency, with nearly all expenses dedicated to program delivery.
Spending Breakdown
How Early Learning Coalition Of Northwest Florida Inc allocates its funds across programs, administration, and fundraising.
99%
Program Spending
Healthy — majority goes to mission
1%
Admin Costs
Reasonable — admin costs in check
0%
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 Early Learning Coalition Of Northwest Florida Inc
Is Early Learning Coalition Of Northwest Florida Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Early Learning Coalition Of Northwest Florida Inc (EIN: 20751749) appears trustworthy. Mission Score: 95/100. 1 red flag identified, 5 strengths noted.
Is Early Learning Coalition Of Northwest Florida Inc a good charity to donate to?
Early Learning Coalition Of Northwest Florida Inc has a Mission Score of 95/100. Revenue: $30.5M. Assets: $3.7M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Early Learning Coalition Of Northwest Florida Inc?
The Employer Identification Number (EIN) for Early Learning Coalition Of Northwest Florida Inc is 20751749. 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 Early Learning Coalition Of Northwest Florida Inc spend its money?
Early Learning Coalition Of Northwest Florida Inc allocates 99% to programs, 1% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Early Learning Coalition Of Northwest Florida Inc's tax-exempt status?
You can verify Early Learning Coalition Of Northwest Florida Inc's tax-exempt status using EIN 20751749 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 Early Learning Coalition Of Northwest Florida Inc demonstrates strong financial health and spending efficiency, particularly in its program delivery. Over the past five years, the organization has seen significant growth in revenue, from $17,232,997 in 2019 to $41,770,989 in 2023, indicating increasing capacity to serve its mission. A key strength is its consistent allocation of nearly all expenses to program services, with administrative and fundraising costs being minimal, as evidenced by the 0% officer compensation reported across all filings. This suggests a highly efficient operational model focused on direct impact.
The organization's financial management appears sound, with assets consistently exceeding liabilities in recent years, such as $3,915,316 in assets against $3,682,070 in liabilities in 2023. This indicates a healthy balance sheet. The consistent reporting of 0% officer compensation across all 13 filings is a notable indicator of transparency and a commitment to directing funds towards its mission rather than executive salaries. While specific breakdowns of administrative versus fundraising costs are not explicitly detailed in the provided summary, the overall expense-to-revenue ratio consistently hovers near 100%, implying tight fiscal management and a focus on deploying funds quickly for program delivery.