Is Gulf Coast United Futbol Club Inc Legit?…

Quick charity verification for Gulf Coast United Futbol Club Inc (EIN: 200066699)

Strengths

Consistent financial stability and growth in assets, from $145,099 in 2014 to $560,135 in 2023.
0% officer compensation reported across all filings, indicating volunteer leadership and efficient use of funds.
Generally operates with a surplus, such as $35,786 in 2023 and $68,123 in 2021, demonstrating sound financial management.
Manageable liabilities relative to assets, with a liability-to-asset ratio of approximately 14% in 2023.

Spending Breakdown

How Gulf Coast United Futbol Club Inc allocates its funds across programs, administration, and fundraising.

90%

Program Spending

Healthy — majority goes to mission

Admin Costs

Reasonable — admin costs in check

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 Gulf Coast United Futbol Club Inc

Is Gulf Coast United Futbol Club Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Gulf Coast United Futbol Club Inc (EIN: 200066699) appears trustworthy. Mission Score: 90/100. 0 red flags identified, 4 strengths noted.

Is Gulf Coast United Futbol Club Inc a good charity to donate to?

Gulf Coast United Futbol Club Inc has a Mission Score of 90/100. Revenue: $659K. Assets: $604K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Gulf Coast United Futbol Club Inc?

The Employer Identification Number (EIN) for Gulf Coast United Futbol Club Inc is 200066699. 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 Gulf Coast United Futbol Club Inc spend its money?

Gulf Coast United Futbol Club Inc allocates 90% to programs, 5% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Gulf Coast United Futbol Club Inc's tax-exempt status?

You can verify Gulf Coast United Futbol Club Inc's tax-exempt status using EIN 200066699 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

Gulf Coast United Futbol Club Inc demonstrates consistent financial activity, with revenues and expenses generally in balance over the past decade. The organization's latest filing (Period 202306) shows revenue of $552,542 against expenses of $516,756, indicating a modest surplus. Assets have shown steady growth, reaching $560,135 in 2023, which is a positive trend for long-term stability. The organization consistently reports 0% officer compensation, which is a strong indicator of volunteer leadership and efficient use of funds, contributing positively to its transparency and public trust.

The NTEE code N64 suggests the organization is involved in sports, recreation, and athletics, aligning with a 'Futbol Club' name. Without detailed expense breakdowns from the provided data, it's challenging to precisely assess spending efficiency beyond the lack of officer compensation. However, the consistent operational surpluses in most years, such as $35,786 in 2023 and $68,123 in 2021, suggest prudent financial management. The organization's liabilities have fluctuated but remain manageable relative to its assets, with a liability-to-asset ratio of approximately 14% in 2023 ($78,295 / $560,135).

Overall, Gulf Coast United Futbol Club Inc appears to be a financially stable organization with a clear commitment to its mission, as evidenced by its consistent operations and lack of executive compensation. Its financial health seems robust, with growing assets and controlled expenses. The transparency is high regarding executive compensation, but a more detailed breakdown of program, administrative, and fundraising expenses would further enhance understanding of its spending efficiency.

Is Gulf Coast United Futbol Club Inc Legit?

Verdict: Gulf Coast United Futbol Club Inc appears trustworthy