Quick charity verification for Gulf Coast Watermelon Association Inc (EIN: 202182880)
Verdict: Gulf Coast Watermelon Association Inc appears trustworthy
85/100Mission Score
$122KRevenue
$143KAssets
1Red Flags
3Strengths
Red Flags
Fluctuating annual revenues and occasional deficit spending could indicate reliance on unpredictable funding sources.
Strengths
Consistent 0% officer compensation, indicating strong commitment to mission and efficient use of funds.
Stable asset base (e.g., $162,598 in 2023) and consistently low liabilities ($881 across all periods), demonstrating prudent financial management.
Long filing history (13 filings) suggests established operations and consistent compliance.
Spending Breakdown
How Gulf Coast Watermelon Association 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 Gulf Coast Watermelon Association Inc
Is Gulf Coast Watermelon Association Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Gulf Coast Watermelon Association Inc (EIN: 202182880) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 3 strengths noted.
Is Gulf Coast Watermelon Association Inc a good charity to donate to?
Gulf Coast Watermelon Association Inc has a Mission Score of 85/100. Revenue: $122K. Assets: $143K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Gulf Coast Watermelon Association Inc?
The Employer Identification Number (EIN) for Gulf Coast Watermelon Association Inc is 202182880. 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 Watermelon Association Inc spend its money?
Gulf Coast Watermelon Association Inc allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Gulf Coast Watermelon Association Inc's tax-exempt status?
You can verify Gulf Coast Watermelon Association Inc's tax-exempt status using EIN 202182880 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
The Gulf Coast Watermelon Association Inc. demonstrates generally stable financial health, with revenues fluctuating but often exceeding expenses, as seen in 2023 ($154,216 revenue vs. $137,739 expenses) and 2020 ($133,651 revenue vs. $107,349 expenses). However, there have been periods of deficit spending, such as in 2022 ($92,925 revenue vs. $133,359 expenses) and 2019 ($120,519 revenue vs. $131,166 expenses), indicating some variability in financial performance. The organization consistently maintains a modest asset base, with assets ranging from $143,323 to $193,010 over the years, and remarkably stable liabilities at $881 across all reported periods, suggesting prudent debt management.
Spending efficiency appears reasonable given the organization's size and mission, though specific program, administrative, and fundraising breakdowns are not provided in the summary data. The consistent reporting of 0% officer compensation across all filings is a significant indicator of efficiency and a strong commitment to directing funds towards the organization's activities rather than executive salaries. This also contributes positively to transparency, as it clearly shows how leadership is compensated (or not compensated).
Overall, the organization exhibits good financial stewardship with a consistent asset base and minimal liabilities. The lack of officer compensation is a notable strength, enhancing its financial health and transparency. While detailed spending categories are not available, the consistent operational history and low liabilities suggest a well-managed entity.