Is Gold Coast Foundation I Have Adream San Diego Legit?

Quick charity verification for Gold Coast Foundation I Have Adream San Diego (EIN: 204266594)

Verdict: Gold Coast Foundation I Have Adream San Diego shows mixed signals

55/100Mission Score
$61KRevenue
$8KAssets
3Red Flags
1Strengths

Red Flags

Strengths

Spending Breakdown

How Gold Coast Foundation I Have Adream San Diego allocates its funds across programs, administration, and fundraising.

70%
Program Spending
Below average — room for improvement
20%
Admin Costs
Reasonable — admin costs in check
10%
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 Gold Coast Foundation I Have Adream San Diego

Is Gold Coast Foundation I Have Adream San Diego a legitimate charity?

Based on AI analysis of IRS 990 filings, Gold Coast Foundation I Have Adream San Diego (EIN: 204266594) shows mixed signals. Mission Score: 55/100. 3 red flags identified, 1 strength noted.

Is Gold Coast Foundation I Have Adream San Diego a good charity to donate to?

Gold Coast Foundation I Have Adream San Diego has a Mission Score of 55/100. Revenue: $61K. Assets: $8K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Gold Coast Foundation I Have Adream San Diego?

The Employer Identification Number (EIN) for Gold Coast Foundation I Have Adream San Diego is 204266594. 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 Gold Coast Foundation I Have Adream San Diego spend its money?

Gold Coast Foundation I Have Adream San Diego allocates 70% to programs, 20% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Gold Coast Foundation I Have Adream San Diego's tax-exempt status?

You can verify Gold Coast Foundation I Have Adream San Diego's tax-exempt status using EIN 204266594 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

Gold Coast Foundation, also known as I Have a Dream San Diego, appears to be a very small organization with limited financial activity. The latest reported revenue is $61,418, with assets of only $7,869. The single available IRS 990 filing from 2012 shows expenses slightly exceeding revenue ($26,400 in expenses against $25,626 in revenue), indicating a slight deficit in that period. The organization's assets have also significantly decreased from $33,773 in 2012 to $7,869 currently, which is a concerning trend for long-term sustainability. The lack of more recent detailed financial data makes a comprehensive assessment challenging, but the current financial scale suggests a very limited operational capacity.

View Full Transparency Report →

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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