Quick charity verification for Reef Plaza Del Lago Inc (EIN: 203677549)
Verdict: Reef Plaza Del Lago Inc appears trustworthy
85/100Mission Score
$3.4MRevenue
$36.9MAssets
1Red Flags
4Strengths
Red Flags
Consistent 0% officer compensation for an organization of this size, which may obscure executive compensation details if paid through other means or entities.
Strengths
Consistent financial surpluses, with revenue significantly exceeding expenses (e.g., $3,480,136 revenue vs. $1,838,018 expenses in 2023).
Low liabilities relative to assets, suggesting a healthy balance sheet (e.g., $353,557 liabilities vs. $37,951,268 assets in 2023).
Efficient spending, with expenses consistently well below revenue.
Spending Breakdown
How Reef Plaza Del Lago Inc allocates its funds across programs, administration, and fundraising.
80%
Program Spending
Healthy — majority goes to mission
15%
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 Reef Plaza Del Lago Inc
Is Reef Plaza Del Lago Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Reef Plaza Del Lago Inc (EIN: 203677549) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
Is Reef Plaza Del Lago Inc a good charity to donate to?
Reef Plaza Del Lago Inc has a Mission Score of 85/100. Revenue: $3.4M. Assets: $36.9M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Reef Plaza Del Lago Inc?
The Employer Identification Number (EIN) for Reef Plaza Del Lago Inc is 203677549. 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 Reef Plaza Del Lago Inc spend its money?
Reef Plaza Del Lago Inc allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Reef Plaza Del Lago Inc's tax-exempt status?
You can verify Reef Plaza Del Lago Inc's tax-exempt status using EIN 203677549 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
Reef Plaza Del Lago Inc demonstrates consistent financial health with revenues generally exceeding expenses over the past decade. For example, in 2023, revenue was $3,480,136 against expenses of $1,838,018, indicating a significant surplus. The organization's assets have remained substantial, consistently above $36 million, with liabilities being a very small fraction of total assets, suggesting a strong balance sheet. The consistent reporting of 0% officer compensation across all available filings indicates a high degree of transparency regarding executive pay and a potential reliance on volunteer leadership or a structure where top leadership is compensated through other means not classified as officer compensation on the 990, which warrants further investigation for a complete picture. Overall, the organization appears financially stable and efficient in its operations, consistently spending less than its income.