Quick charity verification for Seal Bay Festival (EIN: 10494981)
Verdict: Seal Bay Festival appears trustworthy
70/100Mission Score
$0Revenue
$0Assets
2Red Flags
2Strengths
Red Flags
No recent financial filings or updated data since 2014, indicating potential inactivity or lack of transparency.
Latest reported revenue and assets are $0, raising questions about current operational status.
Strengths
Zero officer compensation in 2014, suggesting a volunteer-driven or highly efficient leadership model.
Expenses ($11,782) were less than revenue ($13,740) in 2014, indicating financial solvency for that period.
Spending Breakdown
How Seal Bay Festival 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 Seal Bay Festival
Is Seal Bay Festival a legitimate charity?
Based on AI analysis of IRS 990 filings, Seal Bay Festival (EIN: 10494981) appears trustworthy. Mission Score: 70/100. 2 red flags identified, 2 strengths noted.
Is Seal Bay Festival a good charity to donate to?
Seal Bay Festival has a Mission Score of 70/100. Revenue: $0. Assets: $0. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Seal Bay Festival?
The Employer Identification Number (EIN) for Seal Bay Festival is 10494981. 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 Seal Bay Festival spend its money?
Seal Bay Festival allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Seal Bay Festival's tax-exempt status?
You can verify Seal Bay Festival's tax-exempt status using EIN 10494981 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
Seal Bay Festival appears to be a very small, community-focused organization, as evidenced by its modest revenue and expenses in its single reported filing. In 2014, it generated $13,740 in revenue and incurred $11,782 in expenses, indicating a slight surplus for the period. The organization reported no assets or liabilities, suggesting a cash-basis operation with minimal financial complexity. The lack of more recent financial data (latest revenue and assets are $0) makes a current assessment challenging, but the historical data points to a lean operation. The absence of officer compensation further supports a volunteer-driven or very low-overhead model, which can be a sign of efficiency for small nonprofits. However, the lack of recent filings or updated financial information raises concerns about its current operational status and transparency beyond 2014.