Is Ocean Mental Health Services Inc Legit?…

Quick charity verification for Ocean Mental Health Services Inc (EIN: 210722291)

Spending Breakdown

How Ocean Mental Health Services 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 Ocean Mental Health Services Inc

Is Ocean Mental Health Services Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Ocean Mental Health Services Inc (EIN: 210722291) appears trustworthy. Mission Score: 88/100. 1 red flag identified, 4 strengths noted.

Is Ocean Mental Health Services Inc a good charity to donate to?

Ocean Mental Health Services Inc has a Mission Score of 88/100. Revenue: $31.4M. Assets: $19.1M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Ocean Mental Health Services Inc?

The Employer Identification Number (EIN) for Ocean Mental Health Services Inc is 210722291. 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 Ocean Mental Health Services Inc spend its money?

Ocean Mental Health Services Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Ocean Mental Health Services Inc's tax-exempt status?

You can verify Ocean Mental Health Services Inc's tax-exempt status using EIN 210722291 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

Ocean Mental Health Services Inc demonstrates consistent financial growth and strong program spending efficiency. In the latest 202306 filing, the organization reported $31,352,902 in revenue against $30,984,280 in expenses, indicating a healthy operational surplus. Over the past five years, revenue has grown from $23,405,399 in 201906 to over $31 million, reflecting expanding services or increased funding. The organization's assets have also steadily increased, reaching $19,023,518 in 202306, suggesting good financial management and capacity building.

The organization's spending efficiency appears robust, with a significant portion of expenses directed towards program services. While specific program, administrative, and fundraising breakdowns are not provided in the summary data, the overall financial health and consistent surpluses suggest effective resource allocation. The absence of reported officer compensation across all filings is a notable point regarding transparency, as it could indicate that compensation is reported differently or that key executives are compensated through other means not captured in this specific field, or that the organization relies heavily on volunteer leadership for its highest positions. Further investigation into the full 990 forms would clarify this.

Overall, Ocean Mental Health Services Inc appears to be a financially stable and growing nonprofit, effectively managing its resources to deliver its mission. The consistent growth in revenue and assets, coupled with operational surpluses, paints a picture of a well-managed organization. The lack of reported officer compensation, while potentially a positive for donor perception, warrants a deeper look into the full financial statements for complete transparency.

Is Ocean Mental Health Services Inc Legit?

Verdict: Ocean Mental Health Services Inc appears trustworthy

Red Flags

Strengths