Quick charity verification for Great Bay Stewards Inc (EIN: 20482897)
Verdict: Great Bay Stewards Inc appears trustworthy
88/100Mission Score
$635KRevenue
$825KAssets
1Red Flags
5Strengths
Red Flags
Unusually consistent 0% officer compensation, which may warrant further inquiry into executive compensation structure.
Strengths
Strong financial health with consistent surpluses in recent years (e.g., $761,613 revenue vs. $468,824 expenses in 2023).
Zero reported liabilities across all available filings, indicating excellent fiscal management and no debt.
Significant growth in assets, reaching $1,317,172 in 2023, demonstrating effective resource accumulation.
Consistent IRS 990 filing history (13 filings), indicating good transparency and compliance.
No reported officer compensation, suggesting resources are directed towards mission-related activities.
Spending Breakdown
How Great Bay Stewards 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 Great Bay Stewards Inc
Is Great Bay Stewards Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Great Bay Stewards Inc (EIN: 20482897) appears trustworthy. Mission Score: 88/100. 1 red flag identified, 5 strengths noted.
Is Great Bay Stewards Inc a good charity to donate to?
Great Bay Stewards Inc has a Mission Score of 88/100. Revenue: $635K. Assets: $825K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Great Bay Stewards Inc?
The Employer Identification Number (EIN) for Great Bay Stewards Inc is 20482897. 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 Great Bay Stewards Inc spend its money?
Great Bay Stewards Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Great Bay Stewards Inc's tax-exempt status?
You can verify Great Bay Stewards Inc's tax-exempt status using EIN 20482897 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
Great Bay Stewards Inc. demonstrates a generally healthy financial position with significant growth in assets and revenue over recent years. In 2023, the organization reported revenue of $761,613 against expenses of $468,824, resulting in a substantial surplus that contributed to an asset base of $1,317,172. This indicates strong financial management and an ability to build reserves. The organization consistently reports zero liabilities, which is a significant strength, suggesting excellent fiscal responsibility and no reliance on debt.
Spending efficiency appears strong, particularly given the consistent surpluses in recent years. While a detailed functional expense breakdown is not provided in the summary data, the overall financial health suggests that the organization is effectively managing its resources. The absence of officer compensation further indicates that resources are likely being directed towards programmatic activities and operational needs rather than executive salaries, enhancing donor confidence.
Transparency is high, as evidenced by the consistent filing of IRS Form 990s over 13 periods and the clear reporting of key financial metrics. The consistent reporting of zero officer compensation is a notable transparency point, indicating that the organization is either volunteer-led at the executive level or compensates its leadership through other means not classified as officer compensation, which would warrant further investigation for a complete picture. However, based on the provided data, the organization appears to be a responsible steward of its funds.