Quick charity verification for Seacoast Board Of Realtors Inc (EIN: 20263868)
Verdict: Seacoast Board Of Realtors Inc appears trustworthy
95/100Mission Score
$633KRevenue
$1.8MAssets
0Red Flags
4Strengths
No red flags identified.
Strengths
Consistent operating surpluses, such as $48,316 in 2023 ($419,124 revenue - $370,808 expenses).
Strong asset growth, increasing from $603,242 in 2014 to $1,857,090 in 2023.
Zero reported officer compensation across all filings, indicating high efficiency and volunteer leadership.
Healthy financial reserves with assets significantly exceeding liabilities ($1,857,090 assets vs. $859,558 liabilities in 2023).
Spending Breakdown
How Seacoast Board Of Realtors Inc allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
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 Seacoast Board Of Realtors Inc
Is Seacoast Board Of Realtors Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Seacoast Board Of Realtors Inc (EIN: 20263868) appears trustworthy. Mission Score: 95/100. 0 red flags identified, 4 strengths noted.
Is Seacoast Board Of Realtors Inc a good charity to donate to?
Seacoast Board Of Realtors Inc has a Mission Score of 95/100. Revenue: $633K. Assets: $1.8M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Seacoast Board Of Realtors Inc?
The Employer Identification Number (EIN) for Seacoast Board Of Realtors Inc is 20263868. 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 Seacoast Board Of Realtors Inc spend its money?
Seacoast Board Of Realtors Inc allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Seacoast Board Of Realtors Inc's tax-exempt status?
You can verify Seacoast Board Of Realtors Inc's tax-exempt status using EIN 20263868 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
Seacoast Board Of Realtors Inc demonstrates consistent financial stability with growing assets and revenues over the past decade. In the latest filing (202312), the organization reported revenues of $419,124 against expenses of $370,808, indicating a healthy operating surplus. Its assets have steadily increased from $603,242 in 2014 to $1,857,090 in 2023, suggesting sound financial management and accumulation of resources. The organization's liabilities have fluctuated but remain manageable relative to its asset base, with $859,558 in liabilities against $1,857,090 in assets in 2023. A key aspect of its transparency and efficiency is the consistent reporting of 0% officer compensation across all available filings, which is highly favorable.