Is Smartcoast Inc Legit?

Spending Breakdown

How Smartcoast Inc allocates its funds across programs, administration, and fundraising.

75%

Program Spending

Healthy — majority goes to mission

15%

Admin Costs

Reasonable — admin costs in check

10%

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 Smartcoast Inc

Is Smartcoast Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Smartcoast Inc (EIN: 202312392) shows mixed signals. Mission Score: 55/100. 3 red flags identified, 3 strengths noted.

Is Smartcoast Inc a good charity to donate to?

Smartcoast Inc has a Mission Score of 55/100. Revenue: $0. Assets: $0. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Smartcoast Inc?

The Employer Identification Number (EIN) for Smartcoast Inc is 202312392. 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 Smartcoast Inc spend its money?

Smartcoast Inc allocates 75% to programs, 15% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Smartcoast Inc's tax-exempt status?

You can verify Smartcoast Inc's tax-exempt status using EIN 202312392 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

Smartcoast Inc appears to be a very small, community-focused organization with a limited financial footprint. Over the three-year period analyzed, its revenue has consistently been under $50,000, with the latest filing showing no revenue or assets, which could indicate dormancy or a very recent cessation of operations. The organization has maintained a healthy asset-to-liability ratio, with liabilities being minimal across all reported periods, and zero liabilities in its most recent active filing (2013). This suggests prudent financial management regarding debt.

Spending efficiency, based on the available data, shows that expenses were generally well-managed relative to revenue, with a positive net income in 2013 ($10,133) and 2012 ($2,365), and a slight deficit in 2011 (-$417). The absence of reported officer compensation across all filings indicates either a volunteer-led organization or that compensation falls below reporting thresholds, which is common for very small nonprofits. However, without a detailed breakdown of expenses (program, administrative, fundraising), a precise assessment of spending efficiency is challenging. The lack of revenue and assets in the latest available data (implied by 'Latest Revenue: $0', 'Assets: $0') raises questions about its current operational status.

Transparency is somewhat limited by the available data. While the IRS 990 filings provide basic financial figures, the NTEE code is unknown, and a detailed breakdown of program vs. administrative vs. fundraising expenses is not provided in the summary. The consistent filing of 990s demonstrates compliance with IRS requirements, but the overall picture is one of a very small entity whose current operational status is unclear given the zero revenue and assets reported for the 'latest' period.

Verdict: Smartcoast Inc shows mixed signals

Red Flags

Strengths