Gold Coast Foundation I Have Adream San Diego
Gold Coast Foundation operates with minimal assets and limited financial transparency due to sparse filing history.
EIN: 204266594 · Cave Creek, AZ · NTEE: B82 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $61K |
| Total Expenses | $26K |
| Program Spending | 70% |
| Net Assets | $34K |
| Transparency Score | 55/100 |
Is Gold Coast Foundation I Have Adream San Diego Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Gold Coast Foundation I Have Adream San Diego directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Gold Coast Foundation I Have Adream San Diego
Gold Coast Foundation I Have Adream San Diego (EIN: 204266594) is a nonprofit organization based in Cave Creek, AZ, classified under NTEE code B82. The organization reported total revenue of $61K and total assets of $8K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Gold Coast Foundation I Have Adream San Diego's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Gold Coast Foundation I Have Adream San Diego is a micro nonprofit that has been operating for 19 years.
Key Financial Metrics (2012)
From the most recent IRS 990 filing on record:
| Total Revenue | $26K |
| Total Expenses | $26K |
| Surplus / Deficit | $-774 |
| Total Assets | $34K |
| Net Assets | $34K |
| Operating Margin | -3.0% |
| Months of Reserves | 15.4 months |
Financial Health Grade: B
In 2012, Gold Coast Foundation I Have Adream San Diego reported a deficit of $774 with expenses exceeding revenue, holds 15.4 months of operating reserves (strong position).
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2007 |
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 Gold Coast Foundation I Have Adream San Diego with a Mission Score of 55 out of 100 (Fair). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, Gold Coast Foundation I Have Adream San Diego allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2012)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $774, with expenses exceeding revenue.
Executive Compensation Analysis
Officer compensation was reported as 0% in the 2012 filing, which is appropriate given the organization's small size and limited financial resources.
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 Gold Coast Foundation I Have Adream San Diego's IRS 990 filings:
- Significant decrease in assets from $33,773 in 2012 to $7,869 currently.
- Only one IRS 990 filing available, dating back to 2012, limiting current financial transparency.
- Expenses ($26,400) slightly exceeded revenue ($25,626) in the 2012 filing period.
Strengths
The following positive indicators were identified for Gold Coast Foundation I Have Adream San Diego:
- Reported 0% officer compensation in the 2012 filing, indicating responsible use of funds for leadership.
Frequently Asked Questions about Gold Coast Foundation I Have Adream San Diego
Is Gold Coast Foundation I Have Adream San Diego a legitimate charity?
Gold Coast Foundation I Have Adream San Diego (EIN: 204266594) is a registered tax-exempt nonprofit based in Arizona. Our AI analysis gives it a Mission Score of 55/100. Total revenue: $61K. 3 red flags identified. 1 strength noted. Financial health grade: B.
How does Gold Coast Foundation I Have Adream San Diego spend its money?
Gold Coast Foundation I Have Adream San Diego directs 70% of its spending to programs and services. Fundraising costs 10%. This meets the 65% industry benchmark.
Are donations to Gold Coast Foundation I Have Adream San Diego tax-deductible?
Gold Coast Foundation I Have Adream San Diego is registered as a tax-exempt nonprofit (EIN: 204266594). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Gold Coast Foundation I Have Adream San Diego's spending goes to programs?
Gold Coast Foundation I Have Adream San Diego directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
How does Gold Coast Foundation I Have Adream San Diego compare to similar nonprofits?
With a transparency score of 55/100 (Fair), Gold Coast Foundation I Have Adream San Diego is near average for NTEE category B82 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Gold Coast Foundation I Have Adream San Diego located?
Gold Coast Foundation I Have Adream San Diego is headquartered in Cave Creek, Arizona and files with the IRS under EIN 204266594. It is classified under NTEE code B82.
Is Gold Coast Foundation a good charity?
Based on the limited data, it's difficult to definitively say. The organization is very small, with current assets of only $7,869 and a single old filing. While officer compensation was 0% in 2012, the lack of recent financial details makes it hard to assess current efficiency and impact.
What is the trend in Gold Coast Foundation's assets?
The organization's assets have significantly decreased from $33,773 in 2012 to $7,869 currently, indicating a concerning downward trend in its financial reserves.
How transparent is Gold Coast Foundation?
Transparency is limited due to only one available IRS 990 filing from 2012. More recent filings would be necessary for a current assessment of financial health and operations.
Filing History
IRS 990 filing history for Gold Coast Foundation I Have Adream San Diego showing financial trends over 1 year of public records:
In its most recent filing year (2012), Gold Coast Foundation I Have Adream San Diego reported a deficit of $774, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2012 | $26K | $26K | $34K | $0 | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Gold Coast Foundation I Have Adream San Diego:
Data Sources and Methodology
This transparency report for Gold Coast Foundation I Have Adream San Diego 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.