Quick charity verification for Quoddy Tides Foundation (EIN: 16046843)
Verdict: Quoddy Tides Foundation appears trustworthy
88/100Mission Score
$433KRevenue
$3.4MAssets
1Red Flags
5Strengths
Red Flags
Lack of detailed functional expense breakdown in provided summary data
Strengths
Consistent asset growth, from $1.58M in 2014 to $3.43M in 2023
Zero reported officer compensation across all filings
Expenses consistently lower than revenue, leading to surpluses
Strong financial stability with low liabilities relative to assets
Long history of IRS 990 filings (13 filings) demonstrating transparency
Spending Breakdown
How Quoddy Tides 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 Quoddy Tides Foundation
Is Quoddy Tides Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Quoddy Tides Foundation (EIN: 16046843) appears trustworthy. Mission Score: 88/100. 1 red flag identified, 5 strengths noted.
Is Quoddy Tides Foundation a good charity to donate to?
Quoddy Tides Foundation has a Mission Score of 88/100. Revenue: $433K. Assets: $3.4M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Quoddy Tides Foundation?
The Employer Identification Number (EIN) for Quoddy Tides Foundation is 16046843. 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 Quoddy Tides Foundation spend its money?
Quoddy Tides Foundation allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Quoddy Tides Foundation's tax-exempt status?
You can verify Quoddy Tides Foundation's tax-exempt status using EIN 16046843 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 Quoddy Tides Foundation demonstrates consistent financial health with a strong asset base relative to its annual expenses. Over the past decade, the organization has steadily grown its assets from $1.58 million in 2014 to $3.43 million in 2023, indicating sound financial management and potentially significant endowments or investments. Their revenue has fluctuated, with a high of $742,558 in 2022 and $474,552 in 2023, but expenses have remained relatively stable and significantly lower than revenue in most years, leading to consistent surpluses that contribute to asset growth. This suggests a conservative spending approach and a focus on long-term sustainability.
Spending efficiency appears high, as evidenced by the consistent surpluses and the fact that officer compensation has been reported as 0% across all available filings. This indicates that the organization is likely volunteer-led at the executive level or that compensation is covered by other means not reported as officer compensation, which is a positive sign for donor confidence. While a detailed breakdown of program, administrative, and fundraising expenses isn't explicitly provided in the summary data, the overall low expense-to-revenue ratio suggests that a significant portion of funds are either retained for future programs or directly applied to their mission.
Transparency is generally good, with 13 filings available, demonstrating a consistent reporting history. The absence of officer compensation is a notable point for transparency, as it suggests a lean operational structure. However, without a detailed functional expense breakdown (e.g., specific percentages for program services, management & general, and fundraising), it's challenging to fully assess the efficiency of spending across different categories. Further scrutiny of the full 990 forms would be needed to determine the exact allocation of expenses.