Is Seacoast Learning Collaborative Inc…

Quick charity verification for Seacoast Learning Collaborative Inc (EIN: 21224043)

Spending Breakdown

How Seacoast Learning Collaborative Inc allocates its funds across programs, administration, and fundraising.

90%

Program Spending

Healthy — majority goes to mission

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 Seacoast Learning Collaborative Inc

Is Seacoast Learning Collaborative Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Seacoast Learning Collaborative Inc (EIN: 21224043) appears trustworthy. Mission Score: 92/100. 1 red flag identified, 4 strengths noted.

Is Seacoast Learning Collaborative Inc a good charity to donate to?

Seacoast Learning Collaborative Inc has a Mission Score of 92/100. Revenue: $7.1M. Assets: $5.1M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Seacoast Learning Collaborative Inc?

The Employer Identification Number (EIN) for Seacoast Learning Collaborative Inc is 21224043. 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 Learning Collaborative Inc spend its money?

Seacoast Learning Collaborative Inc allocates 90% to programs, 8% to administration, and 2% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Seacoast Learning Collaborative Inc's tax-exempt status?

You can verify Seacoast Learning Collaborative Inc's tax-exempt status using EIN 21224043 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 Learning Collaborative Inc demonstrates consistent financial activity, with revenues and expenses generally increasing over the past decade. The organization's assets have shown significant growth, more than doubling from $2,422,457 in 2019 to $5,113,400 currently, indicating a healthy accumulation of resources. While the organization reported a slight deficit in the 202306 period (expenses of $6,848,815 exceeding revenue of $6,621,929), this appears to be an anomaly in recent years, as the 202206 and 202106 periods showed healthy surpluses. The consistent reporting of 0% officer compensation across all available filings suggests strong financial transparency and a commitment to directing funds towards its mission rather than executive salaries.

The organization's NTEE code P8XZ, which typically relates to educational support services, aligns with its name 'Learning Collaborative'. The absence of reported officer compensation is a significant positive indicator for spending efficiency, as it implies that administrative costs related to top leadership salaries are either non-existent or covered by other means, allowing a greater proportion of funds to be allocated to program services. The growth in assets also suggests effective financial management and the ability to build reserves.

Overall, Seacoast Learning Collaborative Inc appears to be in sound financial health, with a strong track record of asset growth and a commendable commitment to transparency regarding executive compensation. While the most recent period showed a minor deficit, the overall trend of increasing revenue and assets, coupled with zero reported officer compensation, points to a well-managed and mission-focused organization.

Is Seacoast Learning Collaborative Inc Legit?

Verdict: Seacoast Learning Collaborative Inc appears trustworthy

Red Flags

Strengths