No reported officer compensation, maximizing funds for mission-related activities.
Robust filing history with 13 IRS 990 filings, demonstrating transparency and compliance.
Spending Breakdown
How Friends Of Seguin Island Light Station allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
10%
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 Friends Of Seguin Island Light Station
Is Friends Of Seguin Island Light Station a legitimate charity?
Based on AI analysis of IRS 990 filings, Friends Of Seguin Island Light Station (EIN: 10420547) appears trustworthy. Mission Score: 90/100. 0 red flags identified, 5 strengths noted.
Is Friends Of Seguin Island Light Station a good charity to donate to?
Friends Of Seguin Island Light Station has a Mission Score of 90/100. Revenue: $390K. Assets: $295K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Friends Of Seguin Island Light Station?
The Employer Identification Number (EIN) for Friends Of Seguin Island Light Station is 10420547. 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 Seguin Island Light Station spend its money?
Friends Of Seguin Island Light Station allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Friends Of Seguin Island Light Station's tax-exempt status?
You can verify Friends Of Seguin Island Light Station's tax-exempt status using EIN 10420547 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 Seguin Island Light Station demonstrates consistent financial health, with revenues generally exceeding expenses over the past decade. For instance, in 2023, the organization reported revenues of $105,036 against expenses of $88,596, indicating a surplus. Their asset base has also shown steady growth, increasing from $117,780 in 2014 to $260,493 in 2023, suggesting effective asset management and financial stability. The organization's liabilities remain very low, consistently under $10,000, which is a strong indicator of fiscal prudence and minimal financial risk.
While specific breakdowns for program, administrative, and fundraising expenses are not explicitly provided in the summary data, the consistent surplus and asset growth suggest responsible spending. The absence of officer compensation reported across all filings indicates a volunteer-driven leadership, which can significantly reduce administrative overhead and maximize funds directed towards the mission. This practice enhances spending efficiency and demonstrates a strong commitment to resource allocation.
Regarding transparency, the organization has a robust filing history with 13 IRS 990 filings, indicating consistent compliance with regulatory requirements. The lack of reported officer compensation further contributes to a perception of transparency and dedication to the cause. Overall, Friends Of Seguin Island Light Station appears to be a financially sound and well-managed nonprofit.