Gulf Coast Watermelon Association Inc
Gulf Coast Watermelon Association Inc. maintains stable assets and no officer compensation despite fluctuating revenues.
EIN: 202182880 · Dothan, AL · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $122K |
| Total Expenses | $138K |
| Program Spending | 80% |
| Net Assets | $162K |
| Transparency Score | 85/100 |
Is Gulf Coast Watermelon Association Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Gulf Coast Watermelon Association Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Gulf Coast Watermelon Association Inc
Gulf Coast Watermelon Association Inc (EIN: 202182880) is a nonprofit organization based in Dothan, AL. The organization reported total revenue of $122K and total assets of $143K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Gulf Coast Watermelon Association Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Gulf Coast Watermelon Association Inc is a small nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 2.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $154K |
| Total Expenses | $138K |
| Surplus / Deficit | +$16K |
| Total Assets | $163K |
| Total Liabilities | $881 |
| Net Assets | $162K |
| Operating Margin | 10.7% |
| Debt-to-Asset Ratio | 0.5% |
| Months of Reserves | 14.2 months |
Financial Health Grade: A
In 2023, Gulf Coast Watermelon Association Inc reported a surplus of $16K with revenue exceeding expenses, holds 14.2 months of operating reserves (strong position), has a debt-to-asset ratio of 0.5% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Gulf Coast Watermelon Association Inc's revenue has grown at a compound annual growth rate (CAGR) of 2.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +66.0% | +3.3% | +11.3% |
| 2022 | +160.0% | +216.0% | -21.7% |
| 2021 | -73.3% | -60.7% | -3.3% |
| 2020 | +10.9% | -18.2% | +15.8% |
| 2019 | -26.3% | -0.6% | -6.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
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 Gulf Coast Watermelon Association Inc with a Mission Score of 85 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Gulf Coast Watermelon Association Inc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $16K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.5%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that officers are not paid salaries, which is highly unusual for an organization of this size and suggests a volunteer-led leadership structure.
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 Gulf Coast Watermelon Association Inc's IRS 990 filings:
- Fluctuating annual revenues and occasional deficit spending could indicate reliance on unpredictable funding sources.
Strengths
The following positive indicators were identified for Gulf Coast Watermelon Association Inc:
- Consistent 0% officer compensation, indicating strong commitment to mission and efficient use of funds.
- Stable asset base (e.g., $162,598 in 2023) and consistently low liabilities ($881 across all periods), demonstrating prudent financial management.
- Long filing history (13 filings) suggests established operations and consistent compliance.
Frequently Asked Questions about Gulf Coast Watermelon Association Inc
Is Gulf Coast Watermelon Association Inc a legitimate charity?
Gulf Coast Watermelon Association Inc (EIN: 202182880) is a registered tax-exempt nonprofit based in Alabama. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $122K. 1 red flag identified. 3 strengths noted. Financial health grade: A.
How does Gulf Coast Watermelon Association Inc spend its money?
Gulf Coast Watermelon Association Inc directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Gulf Coast Watermelon Association Inc tax-deductible?
Gulf Coast Watermelon Association Inc is registered as a tax-exempt nonprofit (EIN: 202182880). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Gulf Coast Watermelon Association Inc's spending goes to programs?
Gulf Coast Watermelon Association Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Gulf Coast Watermelon Association Inc located?
Gulf Coast Watermelon Association Inc is headquartered in Dothan, Alabama and files with the IRS under EIN 202182880.
How many years of IRS 990 filings does Gulf Coast Watermelon Association Inc have?
Gulf Coast Watermelon Association Inc 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 $122K in total revenue.
Is Gulf Coast Watermelon Association Inc. financially stable?
Yes, the organization generally appears financially stable. While revenues fluctuate, assets have remained consistent, ranging from $143,323 to $193,010, and liabilities are consistently low at $881, indicating good financial management.
How does the organization manage executive compensation?
The organization reports 0% officer compensation in all available filings, suggesting that its leadership serves on a volunteer basis, which is a significant strength in terms of directing funds to its mission.
Has the organization experienced significant financial deficits?
The organization has experienced periods where expenses exceeded revenue, such as in 2022 ($133,359 expenses vs. $92,925 revenue) and 2019 ($131,166 expenses vs. $120,519 revenue), but these appear to be managed without accumulating significant debt.
Filing History
IRS 990 filing history for Gulf Coast Watermelon Association Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Gulf Coast Watermelon Association Inc's revenue has grown by 30.9%, moving from $118K to $154K. Total assets increased by 89.8% over the same period, from $86K to $163K. Total functional expenses rose by 37.7%, from $100K to $138K. In its most recent filing year (2023), Gulf Coast Watermelon Association Inc reported a surplus of $16K, with revenue exceeding expenses. The organization holds $881 in liabilities against $163K in assets (debt-to-asset ratio: 0.5%), resulting in net assets of $162K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $154K | $138K | $163K | $881 | — | View 990 |
| 2022 | $93K | $133K | $146K | $881 | — | View 990 |
| 2021 | $36K | $42K | $187K | $881 | — | View 990 |
| 2020 | $134K | $107K | $193K | $881 | — | — |
| 2019 | $121K | $131K | $167K | $881 | — | View 990 |
| 2018 | $164K | $132K | $177K | $881 | — | View 990 |
| 2017 | $54K | $73K | $146K | $881 | — | View 990 |
| 2016 | $126K | $125K | $165K | $881 | — | View 990 |
| 2015 | $107K | $92K | $164K | $881 | — | View 990 |
| 2014 | $124K | $96K | $149K | $881 | — | View 990 |
| 2013 | $119K | $91K | $120K | $881 | — | View 990 |
| 2012 | $107K | $101K | $92K | $750 | — | View 990 |
| 2011 | $118K | $100K | $86K | $750 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $154K, expenses of $138K, and assets of $163K (revenue +66.0% year-over-year).
- 2022: Revenue of $93K, expenses of $133K, and assets of $146K (revenue +160.0% year-over-year).
- 2021: Revenue of $36K, expenses of $42K, and assets of $187K (revenue -73.3% year-over-year).
- 2020: Revenue of $134K, expenses of $107K, and assets of $193K (revenue +10.9% year-over-year).
- 2019: Revenue of $121K, expenses of $131K, and assets of $167K (revenue -26.3% year-over-year).
- 2018: Revenue of $164K, expenses of $132K, and assets of $177K (revenue +204.3% year-over-year).
- 2017: Revenue of $54K, expenses of $73K, and assets of $146K (revenue -57.2% year-over-year).
- 2016: Revenue of $126K, expenses of $125K, and assets of $165K (revenue +16.9% year-over-year).
- 2015: Revenue of $107K, expenses of $92K, and assets of $164K (revenue -13.7% year-over-year).
- 2014: Revenue of $124K, expenses of $96K, and assets of $149K (revenue +4.5% year-over-year).
- 2013: Revenue of $119K, expenses of $91K, and assets of $120K (revenue +11.1% year-over-year).
- 2012: Revenue of $107K, expenses of $101K, and assets of $92K (revenue -9.1% year-over-year).
- 2011: Revenue of $118K, expenses of $100K, and assets of $86K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Gulf Coast Watermelon Association Inc:
Data Sources and Methodology
This transparency report for Gulf Coast Watermelon Association 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.