Character Counts Mid Shore Inc
Character Counts Mid Shore Inc. faces recent operating deficits and declining assets despite consistent revenue.
EIN: 10568122 · Easton, MD · NTEE: B80 · Updated: 2026-03-26
Is Character Counts Mid Shore Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Character Counts Mid Shore Inc directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Character Counts Mid Shore Inc
Character Counts Mid Shore Inc (EIN: 10568122) is a nonprofit organization based in Easton, MD, classified under NTEE code B80. The organization reported total revenue of $146K and total assets of $85K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Character Counts Mid Shore Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Character Counts Mid Shore Inc with a Mission Score of 65 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 75%
- fundraising: 10%
According to IRS 990 filings, Character Counts Mid Shore Inc allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Executive compensation is reported as 0% in all available filings, indicating that officers are either uncompensated or compensated through means not classified as officer compensation, which can be a positive for directing funds to programs.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Character Counts Mid Shore Inc's IRS 990 filings:
- Expenses consistently exceeding revenue in recent periods (e.g., 201912, 201812)
- Declining asset base over the last few years (from $120,696 in 2016 to $84,981 in 2019)
Strengths
The following positive indicators were identified for Character Counts Mid Shore Inc:
- Consistent revenue generation over a long period (9 filings)
- No reported officer compensation, suggesting volunteer leadership or efficient use of funds for mission
- Long history of IRS 990 filings, indicating transparency
Frequently Asked Questions about Character Counts Mid Shore Inc
Is Character Counts Mid Shore Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Character Counts Mid Shore Inc (EIN: 10568122) some concerns. Mission Score: 65/100. 2 red flags identified, 3 strengths noted.
How does Character Counts Mid Shore Inc spend its money?
Character Counts Mid Shore Inc directs 75% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Character Counts Mid Shore Inc tax-deductible?
Character Counts Mid Shore Inc is registered as a tax-exempt nonprofit (EIN: 10568122). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Character Counts Mid Shore Inc. financially sustainable given recent deficits?
The organization has experienced expenses exceeding revenue in recent years (e.g., 201912 and 201812), leading to a decline in assets. This trend suggests potential sustainability challenges if not reversed.
What is the detailed breakdown of program, administrative, and fundraising expenses?
The provided data does not offer a detailed breakdown of expenses into program, administrative, and fundraising categories, making it difficult to fully assess spending efficiency.
Why have assets declined from $120,696 in 2016 to $84,981 in 2019?
The decline in assets is primarily due to expenses exceeding revenue in multiple recent periods, drawing down the organization's reserves.
Filing History
IRS 990 filing history for Character Counts Mid Shore Inc showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2011–2019), Character Counts Mid Shore Inc's revenue has grown by 36%, moving from $93K to $127K. Total assets increased by 214.2% over the same period, from $27K to $85K. Total functional expenses rose by 42.1%, from $95K to $134K. In its most recent filing year (2019), Character Counts Mid Shore Inc reported a deficit of $7K, with expenses exceeding revenue. The organization holds $13K in liabilities against $85K in assets (debt-to-asset ratio: 15.2%), resulting in net assets of $72K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2019 | $127K | $134K | $85K | $13K | — | View 990 |
| 2018 | $129K | $146K | $93K | $13K | — | View 990 |
| 2017 | $132K | $139K | $110K | $13K | — | View 990 |
| 2016 | $135K | $113K | $121K | $17K | — | View 990 |
| 2015 | $132K | $109K | $95K | $13K | — | View 990 |
| 2014 | $120K | $109K | $72K | $13K | — | View 990 |
| 2013 | $119K | $98K | $54K | $5K | — | View 990 |
| 2012 | $98K | $92K | $31K | $3K | — | View 990 |
| 2011 | $93K | $95K | $27K | $5K | — | View 990 |
Year-by-Year Financial Summary
- 2019: Revenue of $127K, expenses of $134K, and assets of $85K (revenue -1.7% year-over-year).
- 2018: Revenue of $129K, expenses of $146K, and assets of $93K (revenue -2.2% year-over-year).
- 2017: Revenue of $132K, expenses of $139K, and assets of $110K (revenue -1.9% year-over-year).
- 2016: Revenue of $135K, expenses of $113K, and assets of $121K (revenue +1.7% year-over-year).
- 2015: Revenue of $132K, expenses of $109K, and assets of $95K (revenue +10.7% year-over-year).
- 2014: Revenue of $120K, expenses of $109K, and assets of $72K (revenue +0.5% year-over-year).
- 2013: Revenue of $119K, expenses of $98K, and assets of $54K (revenue +21.9% year-over-year).
- 2012: Revenue of $98K, expenses of $92K, and assets of $31K (revenue +4.6% year-over-year).
- 2011: Revenue of $93K, expenses of $95K, and assets of $27K.
Data Sources and Methodology
This transparency report for Character Counts Mid Shore Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.