Is Fair Tide Inc Legit?

Quick charity verification for Fair Tide Inc (EIN: 10525140)

Verdict: Fair Tide Inc appears trustworthy

95/100Mission Score
$3.1MRevenue
$5.5MAssets
0Red Flags
5Strengths

No red flags identified.

Strengths

AI Transparency Report

Fair Tide Inc. demonstrates strong financial health and growth, particularly in recent years. Their revenue has significantly increased from $308,885 in 2014 to $1,836,287 in 2023, with assets growing from $554,179 to $3,056,743 over the same period. This indicates effective fundraising and asset management. The organization consistently reports 0% officer compensation across all available filings, which is a significant positive indicator of financial efficiency and a commitment to directing funds towards their mission rather than executive salaries. Their expenses have remained relatively low compared to their revenue growth, suggesting efficient operations. The organization's spending efficiency appears robust, as evidenced by the substantial growth in assets and revenue without corresponding increases in officer compensation. While specific program, administrative, and fundraising expense breakdowns are not provided in the summary data, the consistent 0% officer compensation suggests a lean operational structure at the top. The rapid growth in assets and revenue, coupled with low liabilities, points to a well-managed and financially stable organization. The absence of officer compensation also enhances their transparency profile, as it clearly shows that leadership is not drawing salaries from the organization's funds.

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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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