Quick charity verification for Uncharted Shores Academy (EIN: 208281038)
Verdict: Uncharted Shores Academy appears trustworthy
85/100Mission Score
$4.4MRevenue
$3.2MAssets
3Red Flags
4Strengths
Red Flags
Expenses ($3,717,545) exceeded revenue ($3,638,446) in 2023, resulting in a deficit.
Significant increase in liabilities from $295,631 in 2022 to $1,217,091 in 2023, warranting further investigation.
Consistent 0% officer compensation for an organization with over $3 million in revenue is unusual and may obscure actual leadership compensation.
Strengths
Consistent and strong revenue growth over the past decade, from $709,817 in 2014 to $3,638,446 in 2023.
Substantial asset growth, increasing from $223,061 in 2014 to $3,093,558 in 2023.
Reported 0% officer compensation across all filings, suggesting a highly mission-focused or volunteer-driven leadership.
Healthy asset-to-liability ratio in 2023 ($3,093,558 assets vs. $1,217,091 liabilities), indicating financial solvency despite increased liabilities.
Spending Breakdown
How Uncharted Shores Academy 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 Uncharted Shores Academy
Is Uncharted Shores Academy a legitimate charity?
Based on AI analysis of IRS 990 filings, Uncharted Shores Academy (EIN: 208281038) appears trustworthy. Mission Score: 85/100. 3 red flags identified, 4 strengths noted.
Is Uncharted Shores Academy a good charity to donate to?
Uncharted Shores Academy has a Mission Score of 85/100. Revenue: $4.4M. Assets: $3.2M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Uncharted Shores Academy?
The Employer Identification Number (EIN) for Uncharted Shores Academy is 208281038. 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 Uncharted Shores Academy spend its money?
Uncharted Shores Academy allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Uncharted Shores Academy's tax-exempt status?
You can verify Uncharted Shores Academy's tax-exempt status using EIN 208281038 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
Uncharted Shores Academy demonstrates a consistent growth trajectory in revenue and assets over the past decade, indicating strong financial development. For example, revenue grew from $709,817 in 2014 to $3,638,446 in 2023, and assets increased from $223,061 to $3,093,558 in the same period. The organization's spending efficiency appears generally sound, with expenses closely tracking revenue, though the 2023 period shows expenses ($3,717,545) slightly exceeding revenue ($3,638,446), resulting in a net deficit for that year. This is a shift from previous years where revenue generally outpaced expenses.
The organization's transparency is commendable regarding executive compensation, as all filings indicate 0% officer compensation, suggesting a volunteer-led or very lean administrative structure at the top. However, the significant increase in liabilities from $295,631 in 2022 to $1,217,091 in 2023 warrants further investigation to understand its nature and potential impact on long-term financial stability. Despite this, the overall asset base remains robust relative to liabilities, with assets at $3,093,558 against liabilities of $1,217,091 in 2023.