Is Seabrook Community Foundation Legit? —…

Quick charity verification for Seabrook Community Foundation (EIN: 208521827)

Strengths

Consistent asset growth, increasing from $1,001,783 in 2014 to $3,055,857 in 2023.
Zero officer compensation reported across all 14 filings, indicating high efficiency and mission focus.
Low liabilities across most years, demonstrating sound financial management.
Strong revenue growth over the past decade, from $179,915 in 2014 to $706,059 in 2023.
Healthy ratio of assets to liabilities, indicating strong financial stability.

Spending Breakdown

How Seabrook Community Foundation allocates its funds across programs, administration, and fundraising.

85%

Program Spending

Healthy — majority goes to mission

10%

Admin Costs

Reasonable — admin costs in check

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 Seabrook Community Foundation

Is Seabrook Community Foundation a legitimate charity?

Based on AI analysis of IRS 990 filings, Seabrook Community Foundation (EIN: 208521827) appears trustworthy. Mission Score: 95/100. 1 red flag identified, 5 strengths noted.

Is Seabrook Community Foundation a good charity to donate to?

Seabrook Community Foundation has a Mission Score of 95/100. Revenue: $658K. Assets: $3.3M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Seabrook Community Foundation?

The Employer Identification Number (EIN) for Seabrook Community Foundation is 208521827. 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 Seabrook Community Foundation spend its money?

Seabrook Community Foundation allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Seabrook Community Foundation's tax-exempt status?

You can verify Seabrook Community Foundation's tax-exempt status using EIN 208521827 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 Seabrook Community Foundation demonstrates strong financial health and a consistent commitment to its mission, as evidenced by its IRS 990 filings. The organization has shown steady growth in both revenue and assets over the past decade, with assets increasing from $1,001,783 in 2014 to $3,055,857 in 2023. This growth indicates effective fundraising and asset management. The foundation consistently reports 0% officer compensation, which is a significant indicator of transparency and a focus on directing funds towards programmatic activities rather than executive salaries. This practice aligns well with best practices for community foundations, which often rely on volunteer leadership or modest administrative structures.

Spending efficiency appears robust, particularly given the absence of officer compensation. While specific program, administrative, and fundraising expense breakdowns are not provided in the summary data, the overall expense ratios relative to revenue suggest a lean operational model. For instance, in 2023, expenses were $431,671 against revenues of $706,059, indicating a substantial portion of revenue is retained or invested, contributing to asset growth. The low liabilities across most years also point to sound financial management and a lack of significant debt.

Overall, the Seabrook Community Foundation exhibits a high degree of financial stability and transparency. The consistent growth in assets, coupled with zero officer compensation and minimal liabilities, paints a picture of a well-managed organization focused on long-term impact within its community. The lack of detailed expense breakdowns for program, admin, and fundraising is the only minor gap in assessing granular spending efficiency, but the overall financial trends are very positive.

Is Seabrook Community Foundation Legit?

Verdict: Seabrook Community Foundation appears trustworthy

Red Flags