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
Lack of detailed breakdown for program vs. administrative expenses in provided data
Unusual 0% officer compensation reported, which might indicate compensation is reported under other categories or a fully volunteer executive team for an organization of this size.
Strengths
Consistent and significant asset growth year over year, from $2.8M in 2014 to $8.2M in 2023.
Strong revenue generation, with 2023 revenue ($2.5M) more than double its expenses ($1.1M).
No reported officer compensation across all filings, indicating a high commitment to mission-focused spending.
Healthy financial reserves, with assets significantly exceeding liabilities (e.g., $8.2M assets vs. $33K liabilities in 2023).
Spending Breakdown
How Port Royal Sound Foundation allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
5%
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 Port Royal Sound Foundation
Is Port Royal Sound Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Port Royal Sound Foundation (EIN: 204431922) appears trustworthy. Mission Score: 92/100. 2 red flags identified, 4 strengths noted.
Is Port Royal Sound Foundation a good charity to donate to?
Port Royal Sound Foundation has a Mission Score of 92/100. Revenue: $1.1M. Assets: $8.2M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Port Royal Sound Foundation?
The Employer Identification Number (EIN) for Port Royal Sound Foundation is 204431922. 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 Port Royal Sound Foundation spend its money?
Port Royal Sound Foundation allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Port Royal Sound Foundation's tax-exempt status?
You can verify Port Royal Sound Foundation's tax-exempt status using EIN 204431922 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 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.