Is Port Royal Sound Foundation Legit?

Quick charity verification for Port Royal Sound Foundation (EIN: 204431922)

Verdict: Port Royal Sound Foundation appears trustworthy

92/100Mission Score
$1.1MRevenue
$8.2MAssets
2Red Flags
4Strengths

Red Flags

Strengths

AI Transparency Report

The Port Royal Sound Foundation demonstrates strong financial health and growth, with assets consistently increasing year over year, reaching $8,237,690 in 2023. The organization has also shown robust revenue generation, peaking at $2,517,906 in 2023, significantly outpacing expenses of $1,164,396 in the same period. This consistent surplus indicates effective financial management and a strong capacity to build reserves for future programs. The absence of reported officer compensation across all available filings suggests a high degree of transparency and a commitment to directing funds towards the mission rather than executive salaries, which is a positive indicator for donors. While specific program spending ratios are not detailed in the provided data, the overall financial trajectory points to a well-managed and fiscally responsible organization.

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Disclaimer

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

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