Quick charity verification for Haven Beach Association (EIN: 210651716)
Verdict: Haven Beach Association appears trustworthy
85/100Mission Score
$520KRevenue
$667KAssets
2Red Flags
4Strengths
Red Flags
NTEE code is unknown, limiting comparative analysis.
Lack of detailed functional expense breakdown in summary data makes precise efficiency assessment difficult.
Strengths
Consistent revenue generation, often exceeding expenses (e.g., 2023 revenue $478,120 vs. expenses $385,468).
Growing asset base, indicating financial stability (e.g., assets grew from $398,918 in 2022 to $492,890 in 2023).
No reported officer compensation across all filings, suggesting volunteer leadership and efficient use of funds.
Generally low liabilities, indicating good financial management (e.g., $1,339 in 2023).
Spending Breakdown
How Haven Beach Association allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
7%
Admin Costs
Reasonable — admin costs in check
3%
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 Haven Beach Association
Is Haven Beach Association a legitimate charity?
Based on AI analysis of IRS 990 filings, Haven Beach Association (EIN: 210651716) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
Is Haven Beach Association a good charity to donate to?
Haven Beach Association has a Mission Score of 85/100. Revenue: $520K. Assets: $667K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Haven Beach Association?
The Employer Identification Number (EIN) for Haven Beach Association is 210651716. 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 Haven Beach Association spend its money?
Haven Beach Association allocates 90% to programs, 7% to administration, and 3% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Haven Beach Association's tax-exempt status?
You can verify Haven Beach Association's tax-exempt status using EIN 210651716 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 Haven Beach Association demonstrates consistent financial activity, with revenues generally exceeding or closely matching expenses in recent years. For example, in 2023, revenue was $478,120 against expenses of $385,468, indicating a healthy surplus. The organization's assets have shown growth, reaching $492,890 in 2023, up from $398,918 in 2022, suggesting prudent financial management and asset accumulation. A notable aspect of their financial health is the absence of reported officer compensation across all available filings, which can be a positive indicator of volunteer leadership and efficient use of funds for programmatic purposes.
However, the NTEE code is unknown, which limits the ability to benchmark their spending efficiency against similar organizations. While the lack of officer compensation is a strength, without a detailed breakdown of expenses beyond the summary data, it's challenging to fully assess the efficiency of their program spending versus administrative or fundraising costs. The organization's liabilities have been relatively low in most years, though there was a significant jump to $51,810 in 2021 and a very low $1,339 in 2023, which warrants further investigation into the nature of these fluctuations.
Overall, the Haven Beach Association appears to be in a stable financial position, consistently generating revenue to cover expenses and growing its asset base. The absence of executive compensation is a strong point for transparency and resource allocation. To further enhance transparency, a more detailed breakdown of their functional expenses would be beneficial for a comprehensive assessment of their spending efficiency.