Is Grand Isle Community Development Team Inc Legit?
Quick charity verification for Grand Isle Community Development Team Inc (EIN: 20678895)
Verdict: Grand Isle Community Development Team Inc appears trustworthy
88/100Mission Score
$57KRevenue
$102KAssets
1Red Flags
4Strengths
Red Flags
Fluctuating revenue streams may indicate reliance on unpredictable funding sources.
Strengths
Consistent asset growth, reaching $101,976 in 2023.
Zero reported liabilities across all filings, indicating strong financial management.
0% officer compensation, ensuring all funds are directed to the mission.
Positive net assets and reserves built over time, from $42,593 in 2013 to $101,976 in 2023.
Spending Breakdown
How Grand Isle Community Development Team Inc 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 Grand Isle Community Development Team Inc
Is Grand Isle Community Development Team Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Grand Isle Community Development Team Inc (EIN: 20678895) appears trustworthy. Mission Score: 88/100. 1 red flag identified, 4 strengths noted.
Is Grand Isle Community Development Team Inc a good charity to donate to?
Grand Isle Community Development Team Inc has a Mission Score of 88/100. Revenue: $57K. Assets: $102K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Grand Isle Community Development Team Inc?
The Employer Identification Number (EIN) for Grand Isle Community Development Team Inc is 20678895. 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 Grand Isle Community Development Team Inc spend its money?
Grand Isle Community Development Team Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Grand Isle Community Development Team Inc's tax-exempt status?
You can verify Grand Isle Community Development Team Inc's tax-exempt status using EIN 20678895 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
Grand Isle Community Development Team Inc demonstrates a generally stable financial position with consistent asset growth over the past decade, reaching $101,976 in 2023. The organization's revenue has fluctuated, with a notable peak of $107,881 in 2019 and a low of $4,139 in 2020, indicating potential reliance on variable funding sources. Despite these fluctuations, the organization has maintained a healthy balance sheet with zero reported liabilities across all available filings, suggesting strong financial management and a low-risk profile. Their spending efficiency appears reasonable, with expenses generally aligning with or slightly exceeding revenue in recent years, such as $65,597 in expenses against $64,137 in revenue in 2023, indicating active program delivery relative to their income. The absence of officer compensation further enhances their financial efficiency and transparency, as resources are directed entirely towards the organization's mission.