Quick charity verification for Great Harbor Collection Inc (EIN: 10383492)
Verdict: Great Harbor Collection Inc appears trustworthy
85/100Mission Score
$0Revenue
$0Assets
2Red Flags
4Strengths
Red Flags
Latest reported revenue and assets are $0, indicating potential inactivity or data reporting issues.
Lack of recent financial data makes current assessment difficult.
Strengths
Consistent revenue growth from 2011 to 2013.
Healthy asset growth and low liabilities in active years.
No reported officer compensation, suggesting low administrative overhead.
Expenses consistently lower than revenue, indicating financial sustainability.
Spending Breakdown
How Great Harbor Collection Inc allocates its funds across programs, administration, and fundraising.
80%
Program Spending
Healthy — majority goes to mission
15%
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 Harbor Collection Inc
Is Great Harbor Collection Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Great Harbor Collection Inc (EIN: 10383492) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
Is Great Harbor Collection Inc a good charity to donate to?
Great Harbor Collection Inc has a Mission Score of 85/100. Revenue: $0. Assets: $0. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Great Harbor Collection Inc?
The Employer Identification Number (EIN) for Great Harbor Collection Inc is 10383492. 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 Harbor Collection Inc spend its money?
Great Harbor Collection Inc allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Great Harbor Collection Inc's tax-exempt status?
You can verify Great Harbor Collection Inc's tax-exempt status using EIN 10383492 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 Harbor Collection Inc appears to be a small, stable nonprofit with consistent revenue and asset growth over the three-year period analyzed. While the latest revenue and asset figures are reported as $0, this likely indicates a data lag or a period of inactivity rather than a complete cessation of operations, given the prior years' consistent financial activity. The organization has maintained a healthy financial position, with assets consistently exceeding liabilities, indicating good financial management. Their spending efficiency appears strong, as expenses have consistently been lower than revenue, allowing for asset accumulation. The absence of reported officer compensation across all filings suggests either a volunteer-led organization or that compensation falls below reporting thresholds, which can be a positive indicator for donor confidence regarding administrative costs. However, without more recent data, it's challenging to assess current financial health and spending patterns accurately.