Quick charity verification for Seacoast Jazz Society (EIN: 20443743)
Verdict: Seacoast Jazz Society appears trustworthy
88/100Mission Score
$9KRevenue
$175KAssets
1Red Flags
4Strengths
Red Flags
Significant year-over-year revenue decline (from $159,611 in 2022 to $68,853 in 2023)
Strengths
No reported liabilities across both filing periods
0% officer compensation reported, indicating efficient use of funds for mission
Healthy asset base ($184,437 in 2023) relative to revenue and expenses
Expenses consistently lower than revenue, suggesting good financial management
Spending Breakdown
How Seacoast Jazz Society 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 Jazz Society
Is Seacoast Jazz Society a legitimate charity?
Based on AI analysis of IRS 990 filings, Seacoast Jazz Society (EIN: 20443743) appears trustworthy. Mission Score: 88/100. 1 red flag identified, 4 strengths noted.
Is Seacoast Jazz Society a good charity to donate to?
Seacoast Jazz Society has a Mission Score of 88/100. Revenue: $9K. Assets: $175K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Seacoast Jazz Society?
The Employer Identification Number (EIN) for Seacoast Jazz Society is 20443743. 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 Jazz Society spend its money?
Seacoast Jazz Society allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Seacoast Jazz Society's tax-exempt status?
You can verify Seacoast Jazz Society's tax-exempt status using EIN 20443743 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 Seacoast Jazz Society demonstrates a fluctuating financial picture based on its recent 990 filings. While the organization reported significant revenue in 2022 ($159,611), this dropped considerably in 2023 ($68,853), indicating potential instability in funding sources. Despite this, expenses have remained relatively low compared to revenue, suggesting efficient operations when funding is available. The organization maintains a healthy asset base ($184,437 in 2023) with no reported liabilities, which is a strong indicator of financial stability and responsible management. The consistent reporting of 0% officer compensation across both periods is a positive sign for donor confidence and suggests a volunteer-driven or very lean leadership structure, enhancing transparency regarding how funds are utilized.