Is Gulf States Shipbuilders Consortium Legit?

Quick charity verification for Gulf States Shipbuilders Consortium (EIN: 208047382)

Verdict: Gulf States Shipbuilders Consortium shows mixed signals

45/100Mission Score
$9KRevenue
$25KAssets
3Red Flags
3Strengths

Red Flags

Strengths

Spending Breakdown

How Gulf States Shipbuilders Consortium 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 States Shipbuilders Consortium

Is Gulf States Shipbuilders Consortium a legitimate charity?

Based on AI analysis of IRS 990 filings, Gulf States Shipbuilders Consortium (EIN: 208047382) shows mixed signals. Mission Score: 45/100. 3 red flags identified, 3 strengths noted.

Is Gulf States Shipbuilders Consortium a good charity to donate to?

Gulf States Shipbuilders Consortium has a Mission Score of 45/100. Revenue: $9K. Assets: $25K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Gulf States Shipbuilders Consortium?

The Employer Identification Number (EIN) for Gulf States Shipbuilders Consortium is 208047382. 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 States Shipbuilders Consortium spend its money?

Gulf States Shipbuilders Consortium allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Gulf States Shipbuilders Consortium's tax-exempt status?

You can verify Gulf States Shipbuilders Consortium's tax-exempt status using EIN 208047382 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 States Shipbuilders Consortium exhibits a concerning trend of declining revenue and assets over the past several years, indicating potential long-term financial instability. While the organization reported zero liabilities across all available filings, which is a positive sign of fiscal responsibility, its revenue has plummeted from a high of $311,535 in 2012 to just $8,977 in its latest filing. This significant drop raises questions about its ability to sustain operations and fulfill its mission effectively. The organization's assets have also decreased substantially, from $189,209 in 2012 to $24,545 in 2019, further highlighting its shrinking financial footprint. Spending efficiency is difficult to fully assess without a detailed breakdown of expenses into program, administrative, and fundraising categories, which is not provided in the summary data. However, the consistent reporting of zero officer compensation across all periods suggests that leadership is not drawing a salary, which could be interpreted as a commitment to minimizing overhead. Despite this, the organization has frequently operated at a deficit, with expenses exceeding revenue in multiple years (e.g., $49,814 expenses vs. $33,237 revenue in 2018; $53,587 expenses vs. $39,047 revenue in 2017), drawing down its asset base. Transparency appears to be adequate in terms of filing its IRS Form 990s, with 9 filings available. The consistent reporting of zero liabilities is a strong indicator of financial health in that specific area. However, the lack of detailed expense categorization in the provided data limits a comprehensive assessment of how efficiently funds are being allocated to programs versus overhead. The dramatic decline in financial activity warrants closer scrutiny to understand the underlying causes and the organization's future viability.

View Full Transparency Report →

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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