Quick charity verification for Riviera Beach Maritime Academy (EIN: 204325983)
Verdict: Riviera Beach Maritime Academy has notable concerns
30/100Mission Score
$0Revenue
$0Assets
3Red Flags
1Strengths
Red Flags
Latest filing shows $0 revenue and assets, indicating potential cessation of operations.
High liabilities relative to assets in 2016 ($622,955 liabilities vs. $332,711 assets).
Very tight operating margins historically, with expenses consistently close to revenue, leaving little for reserves.
Strengths
Historically, the organization demonstrated a commitment to its mission by spending a high percentage of its budget on programs, as implied by the tight margins and 0% officer compensation.
Spending Breakdown
How Riviera Beach Maritime Academy allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
8%
Admin Costs
Reasonable — admin costs in check
2%
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 Riviera Beach Maritime Academy
Is Riviera Beach Maritime Academy a legitimate charity?
Based on AI analysis of IRS 990 filings, Riviera Beach Maritime Academy (EIN: 204325983) has notable concerns. Mission Score: 30/100. 3 red flags identified, 1 strength noted.
Is Riviera Beach Maritime Academy a good charity to donate to?
Riviera Beach Maritime Academy has a Mission Score of 30/100. Revenue: $0. Assets: $0. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Riviera Beach Maritime Academy?
The Employer Identification Number (EIN) for Riviera Beach Maritime Academy is 204325983. 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 Riviera Beach Maritime Academy spend its money?
Riviera Beach Maritime Academy allocates 90% to programs, 8% to administration, and 2% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Riviera Beach Maritime Academy's tax-exempt status?
You can verify Riviera Beach Maritime Academy's tax-exempt status using EIN 204325983 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 Riviera Beach Maritime Academy appears to be a defunct organization, as its latest filing shows $0 in revenue and assets. Historically, the organization operated with very tight margins, with expenses consistently close to revenue. For example, in 2016, revenue was $1,734,640 and expenses were $1,727,294, indicating minimal surplus. The organization's assets have fluctuated, reaching a high of $332,711 in 2016, but also showing significant liabilities, such as $622,955 in 2016, which exceeded its assets. The consistent reporting of 0% officer compensation across all available filings suggests either a volunteer-led executive team or that compensation was not reported in a way that is easily identifiable as officer compensation in the summary data. The lack of recent financial activity and the $0 revenue/assets in the latest filing raise significant concerns about its current operational status and financial viability.