Quick charity verification for Friends Of Plum Beach Lighthouse Inc (EIN: 223021282)
Verdict: Friends Of Plum Beach Lighthouse Inc appears trustworthy
75/100Mission Score
$86KRevenue
$420KAssets
2Red Flags
4Strengths
Red Flags
Program expenses are consistently lower than administrative and fundraising expenses, with 2023 program expenses at $17,767 compared to total expenses of $48,021 (calculated from 202312:r66591,x17767,a348504,l0,c0% and 2023 total expenses of $17,767 + $30,254 (admin+fundraising)).
The organization's net assets have shown some fluctuation, decreasing from $403,060 in 2021 to $348,504 in 2023.
Strengths
The organization consistently maintains a healthy asset base, with $348,504 in assets reported in 2023.
The organization has no reported liabilities, indicating strong financial health.
A long history of operation (data back to 2016) suggests stability and commitment to its mission.
The organization relies heavily on volunteer efforts, as evidenced by $0 executive compensation.
Spending Breakdown
How Friends Of Plum Beach Lighthouse Inc allocates its funds across programs, administration, and fundraising.
37%
Program Spending
Concerning — less than half to programs
33%
Admin Costs
High — over 25% on administration
30%
Fundraising
Above average fundraising costs
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 Friends Of Plum Beach Lighthouse Inc
Is Friends Of Plum Beach Lighthouse Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Friends Of Plum Beach Lighthouse Inc (EIN: 223021282) appears trustworthy. Mission Score: 75/100. 2 red flags identified, 4 strengths noted.
Is Friends Of Plum Beach Lighthouse Inc a good charity to donate to?
Friends Of Plum Beach Lighthouse Inc has a Mission Score of 75/100. Revenue: $86K. Assets: $420K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Friends Of Plum Beach Lighthouse Inc?
The Employer Identification Number (EIN) for Friends Of Plum Beach Lighthouse Inc is 223021282. 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 Friends Of Plum Beach Lighthouse Inc spend its money?
Friends Of Plum Beach Lighthouse Inc allocates 37% to programs, 33% to administration, and 30% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Friends Of Plum Beach Lighthouse Inc's tax-exempt status?
You can verify Friends Of Plum Beach Lighthouse Inc's tax-exempt status using EIN 223021282 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
Friends Of Plum Beach Lighthouse Inc is a unknown nonprofit based in N Kingstown, Rhode Island, with reported revenue of $86K and assets of $420K. Our AI analysis assigns a Mission Score of 75/100 (Good). Approximately 37% of spending goes to programs, 33% to administration, and 30% to fundraising. - Financial statements are publicly available through IRS Form 990 filings.
- The organization consistently reports 0% compensation to officers, directors, trustees, and key employees.
- Detailed breakdowns of program service accomplishments are provided in their filings. The organization reports $0 in compensation for all officers, directors, trustees, and key employees, indicating a volunteer-led executive structure. Revenue has grown +42% across 13 filing periods.