Is Kodiak Fisheries Development Association…

Quick charity verification for Kodiak Fisheries Development Association (EIN: 203665109)

Spending Breakdown

How Kodiak Fisheries Development Association allocates its funds across programs, administration, and fundraising.

85%

Program Spending

Healthy — majority goes to mission

10%

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 Kodiak Fisheries Development Association

Is Kodiak Fisheries Development Association a legitimate charity?

Based on AI analysis of IRS 990 filings, Kodiak Fisheries Development Association (EIN: 203665109) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.

Is Kodiak Fisheries Development Association a good charity to donate to?

Kodiak Fisheries Development Association has a Mission Score of 85/100. Revenue: $192K. Assets: $542K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Kodiak Fisheries Development Association?

The Employer Identification Number (EIN) for Kodiak Fisheries Development Association is 203665109. 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 Kodiak Fisheries Development Association spend its money?

Kodiak Fisheries Development Association allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Kodiak Fisheries Development Association's tax-exempt status?

You can verify Kodiak Fisheries Development Association's tax-exempt status using EIN 203665109 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

Kodiak Fisheries Development Association demonstrates a consistent, albeit modest, financial footprint. Over the past decade, its revenue has fluctuated significantly, ranging from a low of $988 in 2023 to a high of $149,892 in 2017, with the latest reported revenue at $191,624. Despite these fluctuations, the organization has maintained a healthy asset base, growing from $241,175 in 2015 to $542,429 currently, with no reported liabilities across all filings, indicating strong financial solvency and responsible asset management. The absence of officer compensation in all reported periods suggests a volunteer-driven leadership, which can contribute to lower administrative costs and a higher proportion of funds directed towards programs.

The organization's spending efficiency appears to be strong, particularly given the zero officer compensation. While specific program, administrative, and fundraising expense breakdowns are not provided in the summary data, the consistent lack of liabilities and growth in assets, even during periods of lower revenue, points to prudent financial management. The NTEE code S41 (Economic Development, Small Business Development) suggests a focus on community and industry support, which aligns with the mission of a fisheries development association. The organization's consistent filing history over 13 periods demonstrates a commitment to transparency.

Overall, Kodiak Fisheries Development Association appears to be a financially stable and responsibly managed organization. Its ability to operate without executive compensation and maintain a strong asset base without incurring debt are significant positive indicators. The primary area for further analysis would be a detailed breakdown of expenses to confirm the proportion of spending directly on program activities versus administrative overhead, though the current data suggests a lean operational model.

Is Kodiak Fisheries Development Association Legit?

Verdict: Kodiak Fisheries Development Association appears trustworthy

Red Flags

Strengths