Coastal Opportunities
Coastal Opportunities shows consistent financial growth and operational surpluses with no reported officer compensation.
EIN: 10315931 · Camden, ME · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $12.6M |
| Total Expenses | $5.3M |
| Program Spending | 85% |
| Net Assets | $16.1M |
| Transparency Score | 90/100 |
Is Coastal Opportunities Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Coastal Opportunities directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Coastal Opportunities
Coastal Opportunities (EIN: 10315931) is a nonprofit organization based in Camden, ME. The organization reported total revenue of $12.6M and total assets of $18.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Coastal Opportunities's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Coastal Opportunities is a large nonprofit that has been operating for 54 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 3.6%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $6.8M |
| Total Expenses | $5.3M |
| Surplus / Deficit | +$1.5M |
| Total Assets | $17.3M |
| Total Liabilities | $1.2M |
| Net Assets | $16.1M |
| Operating Margin | 22.1% |
| Debt-to-Asset Ratio | 6.8% |
| Months of Reserves | 39.1 months |
Financial Health Grade: A
In 2024, Coastal Opportunities reported a surplus of $1.5M with revenue exceeding expenses, holds 39.1 months of operating reserves (strong position), has a debt-to-asset ratio of 6.8% (very low leverage).
Financial Trends
Over 14 years of filings (2011–2024), Coastal Opportunities's revenue has grown at a compound annual growth rate (CAGR) of 3.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +47.3% | +10.4% | +7.2% |
| 2023 | -14.2% | +1.3% | +7.1% |
| 2022 | -11.0% | +12.8% | -7.2% |
| 2021 | +26.2% | -7.9% | +13.2% |
| 2020 | -0.1% | +11.5% | +13.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1972 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Coastal Opportunities with a Mission Score of 90 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Coastal Opportunities allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2024)
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: 6.8%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers received compensation, which is highly favorable and suggests a strong dedication to mission-focused spending.
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.
Strengths
The following positive indicators were identified for Coastal Opportunities:
- Consistent revenue growth, increasing from $4,329,494 in 2015 to $6,816,788 in 2024.
- Strong asset growth, nearly doubling from $9,111,335 in 2015 to $17,298,196 in 2024.
- Consistent operational surpluses, with revenue exceeding expenses in most years (e.g., $6,816,788 revenue vs. $5,313,600 expenses in 2024).
- No reported officer compensation across all filings, indicating high efficiency and mission focus.
- Low liabilities relative to assets, demonstrating strong financial stability.
Frequently Asked Questions about Coastal Opportunities
Is Coastal Opportunities a legitimate charity?
Coastal Opportunities (EIN: 10315931) is a registered tax-exempt nonprofit based in Maine. Our AI analysis gives it a Mission Score of 90/100. It has 14 years of IRS 990 filings on record. Total revenue: $12.6M. No red flags identified. 5 strengths noted. Financial health grade: A.
How does Coastal Opportunities spend its money?
Coastal Opportunities directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Coastal Opportunities tax-deductible?
Coastal Opportunities is registered as a tax-exempt nonprofit (EIN: 10315931). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Coastal Opportunities's spending goes to programs?
Coastal Opportunities directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Coastal Opportunities located?
Coastal Opportunities is headquartered in Camden, Maine and files with the IRS under EIN 10315931.
How many years of IRS 990 filings does Coastal Opportunities have?
Coastal Opportunities has 14 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 $12.6M in total revenue.
Is Coastal Opportunities a good charity?
Based on the provided financial data, Coastal Opportunities appears to be a good charity. It demonstrates consistent financial growth, maintains healthy asset levels relative to liabilities, and has a strong record of operational surpluses. The absence of officer compensation is a significant positive indicator of mission focus.
How has Coastal Opportunities' financial health changed over time?
Coastal Opportunities has shown consistent financial improvement over the past decade. Revenue has generally increased, from $4,329,494 in 2015 to $6,816,788 in 2024. Assets have nearly doubled from $9,111,335 to $17,298,196 in the same period, while liabilities have remained relatively low, indicating strong financial growth and stability.
What is Coastal Opportunities' approach to executive compensation?
Coastal Opportunities reports 0% officer compensation across all available filings, meaning no officers received compensation. This indicates a highly efficient and mission-driven approach to leadership compensation, directing more funds to programs.
Filing History
IRS 990 filing history for Coastal Opportunities showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Coastal Opportunities's revenue has grown by 57.8%, moving from $4.3M to $6.8M. Total assets increased by 151.7% over the same period, from $6.9M to $17.3M. Total functional expenses rose by 45%, from $3.7M to $5.3M. In its most recent filing year (2024), Coastal Opportunities reported a surplus of $1.5M, with revenue exceeding expenses. The organization holds $1.2M in liabilities against $17.3M in assets (debt-to-asset ratio: 6.8%), resulting in net assets of $16.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $6.8M | $5.3M | $17.3M | $1.2M | — | View 990 |
| 2023 | $4.6M | $4.8M | $16.1M | $1.2M | — | View 990 |
| 2022 | $5.4M | $4.8M | $15.1M | $1.1M | — | View 990 |
| 2021 | $6.1M | $4.2M | $16.2M | $1.2M | — | View 990 |
| 2020 | $4.8M | $4.6M | $14.3M | $1.6M | — | View 990 |
| 2019 | $4.8M | $4.1M | $12.6M | $718K | — | View 990 |
| 2018 | $4.4M | $3.9M | $11.1M | $455K | — | View 990 |
| 2017 | $4.1M | $3.7M | $10.1M | $496K | — | View 990 |
| 2016 | $4.1M | $3.7M | $9.3M | $633K | — | View 990 |
| 2015 | $4.3M | $3.8M | $9.1M | $694K | — | View 990 |
| 2014 | $4.2M | $3.9M | $8.6M | $660K | — | View 990 |
| 2013 | $4.2M | $3.8M | $7.7M | $611K | — | View 990 |
| 2012 | $4.1M | $3.7M | $7.3M | $782K | — | View 990 |
| 2011 | $4.3M | $3.7M | $6.9M | $846K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $6.8M, expenses of $5.3M, and assets of $17.3M (revenue +47.3% year-over-year).
- 2023: Revenue of $4.6M, expenses of $4.8M, and assets of $16.1M (revenue -14.2% year-over-year).
- 2022: Revenue of $5.4M, expenses of $4.8M, and assets of $15.1M (revenue -11.0% year-over-year).
- 2021: Revenue of $6.1M, expenses of $4.2M, and assets of $16.2M (revenue +26.2% year-over-year).
- 2020: Revenue of $4.8M, expenses of $4.6M, and assets of $14.3M (revenue -0.1% year-over-year).
- 2019: Revenue of $4.8M, expenses of $4.1M, and assets of $12.6M (revenue +8.7% year-over-year).
- 2018: Revenue of $4.4M, expenses of $3.9M, and assets of $11.1M (revenue +7.2% year-over-year).
- 2017: Revenue of $4.1M, expenses of $3.7M, and assets of $10.1M (revenue +0.8% year-over-year).
- 2016: Revenue of $4.1M, expenses of $3.7M, and assets of $9.3M (revenue -5.6% year-over-year).
- 2015: Revenue of $4.3M, expenses of $3.8M, and assets of $9.1M (revenue +2.7% year-over-year).
- 2014: Revenue of $4.2M, expenses of $3.9M, and assets of $8.6M (revenue +1.5% year-over-year).
- 2013: Revenue of $4.2M, expenses of $3.8M, and assets of $7.7M (revenue +1.0% year-over-year).
- 2012: Revenue of $4.1M, expenses of $3.7M, and assets of $7.3M (revenue -4.8% year-over-year).
- 2011: Revenue of $4.3M, expenses of $3.7M, and assets of $6.9M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Coastal Opportunities:
Data Sources and Methodology
This transparency report for Coastal Opportunities 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.