Gulf States Shipbuilders Consortium
Gulf States Shipbuilders Consortium faces severe financial decline with revenue dropping from $311K to $8K over seven years.
EIN: 208047382 · Woodstock, AL · NTEE: S40 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $9K |
| Total Expenses | $8K |
| Program Spending | 80% |
| Net Assets | $25K |
| Transparency Score | 45/100 |
Is Gulf States Shipbuilders Consortium Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Gulf States Shipbuilders Consortium directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Gulf States Shipbuilders Consortium
Gulf States Shipbuilders Consortium (EIN: 208047382) is a nonprofit organization based in Woodstock, AL, classified under NTEE code S40. The organization reported total revenue of $9K and total assets of $25K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Gulf States Shipbuilders Consortium's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Gulf States Shipbuilders Consortium is a micro nonprofit that has been operating for 16 years, with 9 years of IRS 990 filings on record (2011–2019). Revenue has grown at a compound annual rate of -20.8%.
Key Financial Metrics (2019)
From the most recent IRS 990 filing on record:
| Total Revenue | $8K |
| Total Expenses | $8K |
| Surplus / Deficit | +$507 |
| Total Assets | $25K |
| Net Assets | $25K |
| Operating Margin | 6.1% |
| Months of Reserves | 37.5 months |
Financial Health Grade: A
In 2019, Gulf States Shipbuilders Consortium reported a surplus of $507 with revenue exceeding expenses, holds 37.5 months of operating reserves (strong position).
Financial Trends
Over 9 years of filings (2011–2019), Gulf States Shipbuilders Consortium's revenue has declined at a compound annual growth rate (CAGR) of -20.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2019 | -74.8% | -84.2% | +2.1% |
| 2018 | -14.9% | -7.0% | -40.8% |
| 2017 | -24.3% | +6.5% | -26.4% |
| 2016 | +12.6% | -7.5% | +2.4% |
| 2015 | -44.8% | -64.1% | -13.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2010 |
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 States Shipbuilders Consortium with a Mission Score of 45 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Gulf States Shipbuilders Consortium 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 (2019)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $507, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation has consistently been reported as 0% across all available filings, indicating that officers are not receiving salaries, which is commendable for an organization of its size and declining financial activity.
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 States Shipbuilders Consortium's IRS 990 filings:
- Dramatic and sustained decline in revenue from $311,535 in 2012 to $8,977 in 2019.
- Significant reduction in assets from $189,209 in 2012 to $24,545 in 2019.
- Frequent operating deficits where expenses exceeded revenue in multiple years (e.g., 2018, 2017, 2015, 2014, 2013).
Strengths
The following positive indicators were identified for Gulf States Shipbuilders Consortium:
- Consistent reporting of zero liabilities across all available filings.
- Zero officer compensation reported, indicating a commitment to minimizing leadership overhead.
- Consistent filing of IRS Form 990s, demonstrating compliance and transparency in reporting.
Frequently Asked Questions about Gulf States Shipbuilders Consortium
Is Gulf States Shipbuilders Consortium a legitimate charity?
Based on AI analysis of IRS 990 filings, Gulf States Shipbuilders Consortium (EIN: 208047382) significant concerns. Mission Score: 45/100. 3 red flags identified, 3 strengths noted.
How does Gulf States Shipbuilders Consortium spend its money?
Gulf States Shipbuilders Consortium directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Gulf States Shipbuilders Consortium tax-deductible?
Gulf States Shipbuilders Consortium is registered as a tax-exempt nonprofit (EIN: 208047382). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Gulf States Shipbuilders Consortium's spending goes to programs?
Gulf States Shipbuilders Consortium directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Gulf States Shipbuilders Consortium compare to similar nonprofits?
With a transparency score of 45/100 (Fair), Gulf States Shipbuilders Consortium is near average for NTEE category S40 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Gulf States Shipbuilders Consortium located?
Gulf States Shipbuilders Consortium is headquartered in Woodstock, Alabama and files with the IRS under EIN 208047382. It is classified under NTEE code S40.
How many years of IRS 990 filings does Gulf States Shipbuilders Consortium have?
Gulf States Shipbuilders Consortium has 9 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 $9K in total revenue.
What caused the significant decline in revenue from $311,535 in 2012 to $8,977 in 2019?
The provided data does not specify the reasons for the dramatic revenue decline, but it is a critical area for further investigation to understand the organization's operational changes or challenges.
How does the organization plan to address its consistent operating deficits in recent years?
The organization has frequently spent more than it earned (e.g., $49,814 expenses vs. $33,237 revenue in 2018), leading to a reduction in assets. A strategy for achieving financial sustainability is crucial.
What specific programs or activities does the Gulf States Shipbuilders Consortium currently undertake with its reduced funding?
With revenue at $8,977 in the latest period, understanding the scope and impact of its current programmatic activities is important to assess its ongoing mission fulfillment.
Filing History
IRS 990 filing history for Gulf States Shipbuilders Consortium showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2011–2019), Gulf States Shipbuilders Consortium's revenue has declined by 84.5%, moving from $54K to $8K. Total assets decreased by 63.8% over the same period, from $68K to $25K. Total functional expenses fell by 81.2%, from $42K to $8K. In its most recent filing year (2019), Gulf States Shipbuilders Consortium reported a surplus of $507, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2019 | $8K | $8K | $25K | $0 | — | View 990 |
| 2018 | $33K | $50K | $24K | $0 | — | View 990 |
| 2017 | $39K | $54K | $41K | $0 | — | View 990 |
| 2016 | $52K | $50K | $55K | $0 | — | View 990 |
| 2015 | $46K | $54K | $54K | $0 | — | View 990 |
| 2014 | $83K | $152K | $62K | $0 | — | View 990 |
| 2013 | $85K | $144K | $130K | $0 | — | View 990 |
| 2012 | $312K | $189K | $189K | $0 | — | View 990 |
| 2011 | $54K | $42K | $68K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2019: Revenue of $8K, expenses of $8K, and assets of $25K (revenue -74.8% year-over-year).
- 2018: Revenue of $33K, expenses of $50K, and assets of $24K (revenue -14.9% year-over-year).
- 2017: Revenue of $39K, expenses of $54K, and assets of $41K (revenue -24.3% year-over-year).
- 2016: Revenue of $52K, expenses of $50K, and assets of $55K (revenue +12.6% year-over-year).
- 2015: Revenue of $46K, expenses of $54K, and assets of $54K (revenue -44.8% year-over-year).
- 2014: Revenue of $83K, expenses of $152K, and assets of $62K (revenue -2.5% year-over-year).
- 2013: Revenue of $85K, expenses of $144K, and assets of $130K (revenue -72.7% year-over-year).
- 2012: Revenue of $312K, expenses of $189K, and assets of $189K (revenue +475.6% year-over-year).
- 2011: Revenue of $54K, expenses of $42K, and assets of $68K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Gulf States Shipbuilders Consortium:
Data Sources and Methodology
This transparency report for Gulf States Shipbuilders Consortium 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.