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.
Spending Breakdown
How Sea Side Home Inc allocates its funds across programs, administration, and fundraising.
0%
Program Spending
Concerning — less than half to programs
100%
Admin Costs
High — over 25% on administration
0%
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 Sea Side Home Inc
Is Sea Side Home Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Sea Side Home Inc (EIN: 221826368) shows mixed signals. Mission Score: 65/100. 3 red flags identified, 2 strengths noted.
Is Sea Side Home Inc a good charity to donate to?
Sea Side Home Inc has a Mission Score of 65/100. Revenue: $241K. Assets: $716K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Sea Side Home Inc?
The Employer Identification Number (EIN) for Sea Side Home Inc is 221826368. 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 Sea Side Home Inc spend its money?
Sea Side Home Inc allocates 0% to programs, 100% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Sea Side Home Inc's tax-exempt status?
You can verify Sea Side Home Inc's tax-exempt status using EIN 221826368 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
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.