Is Mat Su Sea Hawkers Inc Legit?

Strengths

Consistent growth in assets, from $93,018 in 2014 to $270,039 in 2023.
Zero reported officer compensation across all filings, indicating a volunteer-driven model.
No reported liabilities, demonstrating strong financial management and low risk.
Favorable expense-to-revenue ratio, with expenses at 29.1% of revenue in 2023 ($26,347 / $90,472).
Extensive filing history (13 filings) providing good financial transparency.

Spending Breakdown

How Mat Su Sea Hawkers Inc 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 Mat Su Sea Hawkers Inc

Is Mat Su Sea Hawkers Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Mat Su Sea Hawkers Inc (EIN: 205446248) appears trustworthy. Mission Score: 90/100. 0 red flags identified, 5 strengths noted.

Is Mat Su Sea Hawkers Inc a good charity to donate to?

Mat Su Sea Hawkers Inc has a Mission Score of 90/100. Revenue: $1.1M. Assets: $298K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Mat Su Sea Hawkers Inc?

The Employer Identification Number (EIN) for Mat Su Sea Hawkers Inc is 205446248. 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 Mat Su Sea Hawkers Inc spend its money?

Mat Su Sea Hawkers Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Mat Su Sea Hawkers Inc's tax-exempt status?

You can verify Mat Su Sea Hawkers Inc's tax-exempt status using EIN 205446248 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

Mat Su Sea Hawkers Inc. demonstrates consistent financial stability with a healthy asset base relative to its annual expenses. In the latest filing (202312), the organization reported $270,039 in assets against $26,347 in expenses, indicating a strong reserve. The organization's revenue has fluctuated, with a notable increase in 2023 ($90,472) compared to previous years, suggesting growing support or activity. The absence of reported liabilities across all recent filings is a significant positive indicator of sound financial management and low financial risk. The organization's consistent reporting of 0% officer compensation across all available filings suggests a volunteer-driven leadership model, which can contribute to lower administrative costs and higher program efficiency.

Spending efficiency appears strong, particularly given the lack of officer compensation. While a detailed breakdown of program, administrative, and fundraising expenses isn't explicitly provided in the summary data, the overall expense-to-revenue ratio is favorable. For instance, in 2023, expenses were only 29.1% of revenue ($26,347 / $90,472). This suggests that a significant portion of incoming funds is not consumed by operational overhead. The organization's consistent growth in assets over time, from $93,018 in 2014 to $270,039 in 2023, further reinforces its ability to retain and build financial capacity.

Transparency is generally good through its consistent IRS 990 filings. The availability of 13 filings provides a comprehensive historical view of its financial operations. The clear reporting of zero officer compensation enhances trust and indicates a commitment to directing resources towards its mission rather than executive salaries. However, without a detailed functional expense breakdown (program, admin, fundraising), it's challenging to fully assess the precise allocation of funds to its stated programs versus overhead. Further transparency in this area would strengthen its overall financial assessment.

Verdict: Mat Su Sea Hawkers Inc appears trustworthy