Coastal Advertising Federation
EIN: 570851515 · Myrtle Beach, SC
| Metric | Value |
|---|---|
| Total Revenue | $4 |
| Total Expenses | $3K |
| Net Assets | $19K |
Is Coastal Advertising Federation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Coastal Advertising Federation
Coastal Advertising Federation (EIN: 570851515) is a nonprofit organization based in Myrtle Beach, SC. The organization reported total revenue of $4 and total assets of $19K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Coastal Advertising Federation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Coastal Advertising Federation is a micro nonprofit that has been operating for 39 years, with 8 years of IRS 990 filings on record (2013–2020). Revenue has grown at a compound annual rate of -71.6%.
Key Financial Metrics (2020)
From the most recent IRS 990 filing on record:
| Total Revenue | $4 |
| Total Expenses | $3K |
| Surplus / Deficit | $-2,989 |
| Total Assets | $19K |
| Net Assets | $19K |
| Operating Margin | -74725.0% |
| Months of Reserves | 75.4 months |
Financial Health Grade: B
In 2020, Coastal Advertising Federation reported a deficit of $3K with expenses exceeding revenue, holds 75.4 months of operating reserves (strong position).
Financial Trends
Over 8 years of filings (2013–2020), Coastal Advertising Federation's revenue has declined at a compound annual growth rate (CAGR) of -71.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2020 | -99.9% | -77.9% | -13.7% |
| 2019 | -82.8% | -48.7% | -21.3% |
| 2018 | -41.4% | +13.3% | -26.3% |
| 2017 | +32.8% | -4.7% | +53.4% |
| 2016 | +4.8% | +9.6% | +13.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1987 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Coastal Advertising Federation 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 Coastal Advertising Federation 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 (2020)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $3K, with expenses exceeding revenue.
Frequently Asked Questions about Coastal Advertising Federation
Is Coastal Advertising Federation a legitimate charity?
Coastal Advertising Federation (EIN: 570851515) is a registered tax-exempt nonprofit based in South Carolina. It has 8 years of IRS 990 filings on record. Total revenue: $4. No red flags identified. Financial health grade: B.
How does Coastal Advertising Federation spend its money?
Coastal Advertising Federation reported $4 in total revenue in IRS 990 filings. 8 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Coastal Advertising Federation tax-deductible?
Coastal Advertising Federation is registered as a tax-exempt nonprofit (EIN: 570851515). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Coastal Advertising Federation located?
Coastal Advertising Federation is headquartered in Myrtle Beach, South Carolina and files with the IRS under EIN 570851515.
How many years of IRS 990 filings does Coastal Advertising Federation have?
Coastal Advertising Federation has 8 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 $4 in total revenue.
Filing History
IRS 990 filing history for Coastal Advertising Federation showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2013–2020), Coastal Advertising Federation's revenue has declined by 100%, moving from $27K to $4. Total assets increased by 64.5% over the same period, from $11K to $19K. Total functional expenses fell by 90.4%, from $31K to $3K. In its most recent filing year (2020), Coastal Advertising Federation reported a deficit of $3K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2020 | $4 | $3K | $19K | $0 | — | View 990 |
| 2019 | $4K | $14K | $22K | $0 | — | View 990 |
| 2018 | $21K | $26K | $28K | $0 | — | — |
| 2017 | $36K | $23K | $38K | $0 | — | View 990 |
| 2016 | $27K | $24K | $25K | $0 | — | View 990 |
| 2015 | $26K | $22K | $22K | $0 | — | View 990 |
| 2014 | $27K | $20K | $18K | $0 | — | View 990 |
| 2013 | $27K | $31K | $11K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2020: Revenue of $4, expenses of $3K, and assets of $19K (revenue -99.9% year-over-year).
- 2019: Revenue of $4K, expenses of $14K, and assets of $22K (revenue -82.8% year-over-year).
- 2018: Revenue of $21K, expenses of $26K, and assets of $28K (revenue -41.4% year-over-year).
- 2017: Revenue of $36K, expenses of $23K, and assets of $38K (revenue +32.8% year-over-year).
- 2016: Revenue of $27K, expenses of $24K, and assets of $25K (revenue +4.8% year-over-year).
- 2015: Revenue of $26K, expenses of $22K, and assets of $22K (revenue -1.4% year-over-year).
- 2014: Revenue of $27K, expenses of $20K, and assets of $18K (revenue -0.1% year-over-year).
- 2013: Revenue of $27K, expenses of $31K, and assets of $11K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Coastal Advertising Federation:
Data Sources and Methodology
This transparency report for Coastal Advertising Federation 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.