Coast Guard Mutual Assistance Incorporated
EIN: 311801931 · Arlington, VA · NTEE: W30
| Metric | Value |
|---|---|
| Total Revenue | $27.7M |
| Total Expenses | $8.1M |
| Net Assets | $52.3M |
Is Coast Guard Mutual Assistance Incorporated Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Coast Guard Mutual Assistance Incorporated
Coast Guard Mutual Assistance Incorporated (EIN: 311801931) is a nonprofit organization based in Arlington, VA, classified under NTEE code W30. The organization reported total revenue of $27.7M and total assets of $55.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Coast Guard Mutual Assistance Incorporated's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Coast Guard Mutual Assistance Incorporated is a large nonprofit that has been operating for 24 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 9.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $9.6M |
| Total Expenses | $8.1M |
| Surplus / Deficit | +$1.5M |
| Total Assets | $52.9M |
| Total Liabilities | $600K |
| Net Assets | $52.3M |
| Operating Margin | 15.5% |
| Debt-to-Asset Ratio | 1.1% |
| Months of Reserves | 78.4 months |
Financial Health Grade: A
In 2023, Coast Guard Mutual Assistance Incorporated reported a surplus of $1.5M with revenue exceeding expenses, holds 78.4 months of operating reserves (strong position), has a debt-to-asset ratio of 1.1% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Coast Guard Mutual Assistance Incorporated's revenue has grown at a compound annual growth rate (CAGR) of 9.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +19.7% | +65.6% | +6.4% |
| 2022 | +9.7% | -15.8% | -7.2% |
| 2021 | +104.8% | -26.6% | +8.8% |
| 2020 | -82.0% | +81.9% | -3.0% |
| 2019 | +442.6% | +12.8% | +60.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2002 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Coast Guard Mutual Assistance Incorporated has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Coast Guard Mutual Assistance Incorporated with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $1.5M, with revenue exceeding expenses.
- Debt-to-asset ratio: 1.1%.
Frequently Asked Questions about Coast Guard Mutual Assistance Incorporated
Is Coast Guard Mutual Assistance Incorporated a legitimate charity?
Coast Guard Mutual Assistance Incorporated (EIN: 311801931) is a registered tax-exempt nonprofit based in Virginia. It has 13 years of IRS 990 filings on record. Total revenue: $27.7M. No red flags identified. Financial health grade: A.
How does Coast Guard Mutual Assistance Incorporated spend its money?
Coast Guard Mutual Assistance Incorporated reported $27.7M in total revenue in IRS 990 filings. 13 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Coast Guard Mutual Assistance Incorporated tax-deductible?
Coast Guard Mutual Assistance Incorporated is registered as a tax-exempt nonprofit (EIN: 311801931). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Coast Guard Mutual Assistance Incorporated located?
Coast Guard Mutual Assistance Incorporated is headquartered in Arlington, Virginia and files with the IRS under EIN 311801931. It is classified under NTEE code W30.
How many years of IRS 990 filings does Coast Guard Mutual Assistance Incorporated have?
Coast Guard Mutual Assistance Incorporated has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $27.7M in total revenue.
Filing History
IRS 990 filing history for Coast Guard Mutual Assistance Incorporated showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Coast Guard Mutual Assistance Incorporated's revenue has grown by 200.9%, moving from $3.2M to $9.6M. Total assets increased by 159.9% over the same period, from $20.4M to $52.9M. Total functional expenses rose by 340.1%, from $1.8M to $8.1M. In its most recent filing year (2023), Coast Guard Mutual Assistance Incorporated reported a surplus of $1.5M, with revenue exceeding expenses. The organization holds $600K in liabilities against $52.9M in assets (debt-to-asset ratio: 1.1%), resulting in net assets of $52.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $9.6M | $8.1M | $52.9M | $600K | — | View 990 |
| 2022 | $8.0M | $4.9M | $49.7M | $648K | — | — |
| 2021 | $7.3M | $5.8M | $53.6M | $190K | — | — |
| 2020 | $3.6M | $7.9M | $49.3M | $164K | — | View 990 |
| 2019 | $19.8M | $4.3M | $50.8M | $143K | — | View 990 |
| 2018 | $3.7M | $3.9M | $31.7M | $142K | — | View 990 |
| 2017 | $4.5M | $3.8M | $34.1M | $162K | — | View 990 |
| 2016 | $3.0M | $2.6M | $32.0M | $354K | — | View 990 |
| 2015 | $3.2M | $2.0M | $30.7M | $87K | — | View 990 |
| 2014 | $4.8M | $1.7M | $30.6M | $64K | — | View 990 |
| 2013 | $5.0M | $1.8M | $28.6M | $69K | — | View 990 |
| 2012 | $3.6M | $1.8M | $23.1M | $67K | — | View 990 |
| 2011 | $3.2M | $1.8M | $20.4M | $57K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $9.6M, expenses of $8.1M, and assets of $52.9M (revenue +19.7% year-over-year).
- 2022: Revenue of $8.0M, expenses of $4.9M, and assets of $49.7M (revenue +9.7% year-over-year).
- 2021: Revenue of $7.3M, expenses of $5.8M, and assets of $53.6M (revenue +104.8% year-over-year).
- 2020: Revenue of $3.6M, expenses of $7.9M, and assets of $49.3M (revenue -82.0% year-over-year).
- 2019: Revenue of $19.8M, expenses of $4.3M, and assets of $50.8M (revenue +442.6% year-over-year).
- 2018: Revenue of $3.7M, expenses of $3.9M, and assets of $31.7M (revenue -19.7% year-over-year).
- 2017: Revenue of $4.5M, expenses of $3.8M, and assets of $34.1M (revenue +50.2% year-over-year).
- 2016: Revenue of $3.0M, expenses of $2.6M, and assets of $32.0M (revenue -6.5% year-over-year).
- 2015: Revenue of $3.2M, expenses of $2.0M, and assets of $30.7M (revenue -32.0% year-over-year).
- 2014: Revenue of $4.8M, expenses of $1.7M, and assets of $30.6M (revenue -5.5% year-over-year).
- 2013: Revenue of $5.0M, expenses of $1.8M, and assets of $28.6M (revenue +40.0% year-over-year).
- 2012: Revenue of $3.6M, expenses of $1.8M, and assets of $23.1M (revenue +13.1% year-over-year).
- 2011: Revenue of $3.2M, expenses of $1.8M, and assets of $20.4M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Coast Guard Mutual Assistance Incorporated:
Data Sources and Methodology
This transparency report for Coast Guard Mutual Assistance Incorporated 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.