Is Seaview Association Of Fire Island N Y Inc Legit?
Quick charity verification for Seaview Association Of Fire Island N Y Inc (EIN: 111956189)
Verdict: Seaview Association Of Fire Island N Y Inc appears trustworthy
92/100Mission Score
$3.2MRevenue
$8.3MAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Consistent operational surpluses, such as $72,950 in 2023 ($2,893,218 revenue vs. $2,820,268 expenses).
Steady growth in assets, from $5,810,080 in 2014 to $7,353,586 in 2023.
0% reported officer compensation across all filings, indicating high efficiency in resource allocation.
Manageable liabilities relative to assets, with liabilities decreasing from a high of $2,724,211 in 2016 to $1,521,303 in 2023.
Long history of consistent IRS 990 filings (13 filings), demonstrating transparency and compliance.
Spending Breakdown
How Seaview Association Of Fire Island N Y Inc allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
7%
Admin Costs
Reasonable — admin costs in check
3%
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 Seaview Association Of Fire Island N Y Inc
Is Seaview Association Of Fire Island N Y Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Seaview Association Of Fire Island N Y Inc (EIN: 111956189) appears trustworthy. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
Is Seaview Association Of Fire Island N Y Inc a good charity to donate to?
Seaview Association Of Fire Island N Y Inc has a Mission Score of 92/100. Revenue: $3.2M. Assets: $8.3M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Seaview Association Of Fire Island N Y Inc?
The Employer Identification Number (EIN) for Seaview Association Of Fire Island N Y Inc is 111956189. 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 Seaview Association Of Fire Island N Y Inc spend its money?
Seaview Association Of Fire Island N Y Inc allocates 90% to programs, 7% to administration, and 3% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Seaview Association Of Fire Island N Y Inc's tax-exempt status?
You can verify Seaview Association Of Fire Island N Y Inc's tax-exempt status using EIN 111956189 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
Seaview Association Of Fire Island N Y Inc demonstrates consistent financial stability, with revenues generally exceeding expenses over the past decade. For instance, in 2023, the organization reported revenues of $2,893,218 against expenses of $2,820,268, indicating a healthy operational surplus. Assets have also shown steady growth, increasing from $5,810,080 in 2014 to $7,353,586 in 2023, suggesting sound financial management and accumulation of resources. The organization's liabilities have fluctuated but remained manageable relative to its asset base.
The organization's spending efficiency appears strong, particularly given the reported 0% officer compensation across all available filings. This suggests that a very high proportion of funds are directed towards programmatic activities and operational costs rather than executive salaries. While a detailed breakdown of program, administrative, and fundraising expenses isn't provided in the summary data, the absence of officer compensation is a positive indicator of resource allocation.
Transparency is generally good, with consistent annual filings available. The lack of reported officer compensation enhances trust, as it implies a volunteer-driven leadership or that compensation falls below reporting thresholds, which is a strong positive for a nonprofit. The consistent growth in assets and controlled liabilities further supports a picture of a well-managed and transparent organization.