Quick charity verification for Seacoast Indoor Tennis Club Inc (EIN: 20276602)
Verdict: Seacoast Indoor Tennis Club Inc appears trustworthy
80/100Mission Score
$745KRevenue
$1.3MAssets
2Red Flags
5Strengths
Red Flags
NTEE code is unknown, limiting comparative analysis with peer organizations.
Detailed breakdown of program, administrative, and fundraising expenses is not provided, hindering a precise assessment of spending efficiency.
Strengths
Consistent asset growth, indicating strong financial health (from $775,379 in 2014 to $1,163,552 in 2023).
Regularly operates with a revenue surplus, demonstrating effective financial management (e.g., $331,118 revenue vs. $279,209 expenses in 2023).
Zero reported officer compensation across all filings, suggesting low administrative overhead and potentially volunteer leadership.
Low liabilities relative to assets, indicating a healthy balance sheet (e.g., $31,050 liabilities vs. $1,163,552 assets in 2023).
Consistent filing history over 13 periods, demonstrating good compliance and transparency.
Spending Breakdown
How Seacoast Indoor Tennis Club 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 Seacoast Indoor Tennis Club Inc
Is Seacoast Indoor Tennis Club Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Seacoast Indoor Tennis Club Inc (EIN: 20276602) appears trustworthy. Mission Score: 80/100. 2 red flags identified, 5 strengths noted.
Is Seacoast Indoor Tennis Club Inc a good charity to donate to?
Seacoast Indoor Tennis Club Inc has a Mission Score of 80/100. Revenue: $745K. Assets: $1.3M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Seacoast Indoor Tennis Club Inc?
The Employer Identification Number (EIN) for Seacoast Indoor Tennis Club Inc is 20276602. 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 Indoor Tennis Club Inc spend its money?
Seacoast Indoor Tennis Club Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Seacoast Indoor Tennis Club Inc's tax-exempt status?
You can verify Seacoast Indoor Tennis Club Inc's tax-exempt status using EIN 20276602 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 Indoor Tennis Club Inc demonstrates consistent financial stability and growth over the past decade. The organization has steadily increased its assets from $775,379 in 2014 to $1,163,552 in 2023, indicating sound financial management and reinvestment. Revenue has generally outpaced expenses, with the latest filing showing revenue of $331,118 against expenses of $279,209, resulting in a surplus that contributes to asset growth. The organization's liabilities remain low, at $31,050 in 2023, suggesting a healthy balance sheet and minimal debt burden.
The organization's spending efficiency appears strong, as it consistently operates with a surplus. The absence of reported officer compensation across all filings indicates that leadership is likely volunteer-based or compensated through other means not classified as officer compensation, which can be a positive sign for donor confidence regarding administrative overhead. However, without a detailed breakdown of program, administrative, and fundraising expenses, a precise assessment of spending efficiency is challenging. The NTEE code being 'Unknown' also limits the ability to benchmark against similar organizations.
Transparency is generally good given the consistent filing of IRS Form 990s over 13 periods. The consistent reporting of zero officer compensation is a notable point for transparency. However, the lack of a specific NTEE code and detailed expense breakdowns in the provided data limits a deeper analysis of program focus and comparative efficiency. Further details on how expenses are allocated between program services, administration, and fundraising would enhance transparency and allow for a more comprehensive evaluation of the organization's operational effectiveness.