Is Sav A Life Of The Mississippi Gulf Coast Inc Legit?
Quick charity verification for Sav A Life Of The Mississippi Gulf Coast Inc (EIN: 200554354)
Verdict: Sav A Life Of The Mississippi Gulf Coast Inc appears trustworthy
90/100Mission Score
$634KRevenue
$930KAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Consistent revenue growth, nearly doubling from $179,807 in 2021 to $352,354 in 2023.
Zero reported officer compensation, indicating high efficiency and dedication of funds to mission.
Steady increase in assets, from $458,873 in 2021 to $597,009 in 2023, demonstrating financial health.
Liabilities have decreased from $309,579 in 2021 to $271,404 in 2023, showing responsible debt management.
Positive net income in recent years (e.g., $57,192 in 2023 and $117,663 in 2022) contributing to asset growth.
Spending Breakdown
How Sav A Life Of The Mississippi Gulf Coast Inc 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 Sav A Life Of The Mississippi Gulf Coast Inc
Is Sav A Life Of The Mississippi Gulf Coast Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Sav A Life Of The Mississippi Gulf Coast Inc (EIN: 200554354) appears trustworthy. Mission Score: 90/100. 0 red flags identified, 5 strengths noted.
Is Sav A Life Of The Mississippi Gulf Coast Inc a good charity to donate to?
Sav A Life Of The Mississippi Gulf Coast Inc has a Mission Score of 90/100. Revenue: $634K. Assets: $930K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Sav A Life Of The Mississippi Gulf Coast Inc?
The Employer Identification Number (EIN) for Sav A Life Of The Mississippi Gulf Coast Inc is 200554354. 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 Sav A Life Of The Mississippi Gulf Coast Inc spend its money?
Sav A Life Of The Mississippi Gulf Coast Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Sav A Life Of The Mississippi Gulf Coast Inc's tax-exempt status?
You can verify Sav A Life Of The Mississippi Gulf Coast Inc's tax-exempt status using EIN 200554354 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
Sav A Life Of The Mississippi Gulf Coast Inc demonstrates a generally stable financial trajectory, with recent years showing significant growth in both revenue and assets. For instance, revenue increased from $179,807 in 2021 to $352,354 in 2023, nearly doubling in two years. Assets have also grown consistently, reaching $597,009 in 2023 from $458,873 in 2021. The organization consistently reports 0% officer compensation, which is a strong indicator of financial efficiency and a commitment to directing funds towards its mission rather than executive salaries. This practice enhances transparency and trust, as it suggests a volunteer-led or very lean administrative structure at the top.
The organization's spending efficiency appears robust, particularly given the absence of officer compensation. While specific breakdowns of program, administrative, and fundraising expenses are not provided in the summary data, the consistent growth in assets alongside increasing revenue suggests effective management of resources. The organization's liabilities have remained relatively stable or slightly decreased in recent years (e.g., from $309,579 in 2021 to $271,404 in 2023), indicating responsible financial stewardship. Overall, Sav A Life Of The Mississippi Gulf Coast Inc appears to be a financially healthy and transparent organization, effectively growing its resources to support its mission.