Quick charity verification for Sea Side Home Inc (EIN: 221826368)
Verdict: Sea Side Home Inc shows mixed signals
65/100Mission Score
$241KRevenue
$716KAssets
3Red Flags
2Strengths
Red Flags
Zero reported program service expenses, suggesting no direct charitable activities or miscategorization of expenses.
Total expenses consistently exceed total revenue, leading to a decrease in net assets over time (e.g., 2023 expenses $168,090 vs. revenue $130,709).
The organization reports 0% compensation for all officers, directors, trustees, and key employees, which warrants further investigation given the operational expenses.
Strengths
Consistent revenue stream over multiple years, indicating a stable donor base or funding source.
Maintains a significant asset base (e.g., $709,404 in 2023) despite operational deficits.
AI Transparency Report
Sea Side Home Inc is a unknown nonprofit based in Cape May, New Jersey, with reported revenue of $241K and assets of $716K. Our AI analysis assigns a Mission Score of 65/100 (Good). Executive compensation is reported as $0 across all available filings, which is unusual for an organization with consistent expenses. Revenue has declined -22% across 13 filing periods.