Smartcoast Inc
Smartcoast Inc shows declining revenue and appears dormant with zero reported revenue and assets in its latest period.
EIN: 202312392 · Daphne, AL · Updated: 2026-03-28
Is Smartcoast Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Smartcoast Inc directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Smartcoast Inc
Smartcoast Inc (EIN: 202312392) is a nonprofit organization based in Daphne, AL. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Smartcoast Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Smartcoast Inc is a micro nonprofit, with 3 years of IRS 990 filings on record (2011–2013). Revenue has grown at a compound annual rate of -18.4%.
Key Financial Metrics (2013)
From the most recent IRS 990 filing on record:
| Total Revenue | $32K |
| Total Expenses | $21K |
| Surplus / Deficit | +$10K |
| Total Assets | $27K |
| Net Assets | $27K |
| Operating Margin | 32.0% |
| Months of Reserves | 15.1 months |
Financial Health Grade: A
In 2013, Smartcoast Inc reported a surplus of $10K with revenue exceeding expenses, holds 15.1 months of operating reserves (strong position).
Financial Trends
Over 3 years of filings (2011–2013), Smartcoast Inc's revenue has declined at a compound annual growth rate (CAGR) of -18.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2013 | -15.5% | -38.7% | +60.1% |
| 2012 | -21.2% | -25.5% | +15.3% |
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Smartcoast Inc 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: 15%
- programs: 75%
- fundraising: 10%
According to IRS 990 filings, Smartcoast Inc allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2013)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $10K, with revenue exceeding expenses.
Executive Compensation Analysis
No officer compensation was reported across all three filings, suggesting Smartcoast Inc is likely volunteer-led or that any compensation is below IRS reporting thresholds, which is typical for organizations of this small size.
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 Smartcoast Inc's IRS 990 filings:
- Zero revenue and assets in the latest reported period, indicating potential dormancy or cessation of operations.
- Declining revenue trend from $47,491 in 2011 to $31,630 in 2013.
- Unknown NTEE code limits understanding of its charitable purpose.
Strengths
The following positive indicators were identified for Smartcoast Inc:
- Maintained minimal liabilities across all reported periods, with zero liabilities in 2013.
- No reported officer compensation, suggesting a volunteer-driven model.
- Positive net income in two out of three reported active years (2012 and 2013).
Frequently Asked Questions about Smartcoast Inc
Is Smartcoast Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Smartcoast Inc (EIN: 202312392) some concerns. Mission Score: 55/100. 3 red flags identified, 3 strengths noted.
How does Smartcoast Inc spend its money?
Smartcoast Inc directs 75% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Smartcoast Inc tax-deductible?
Smartcoast Inc is registered as a tax-exempt nonprofit (EIN: 202312392). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Smartcoast Inc currently operational?
The latest available data showing $0 revenue and $0 assets suggests the organization may no longer be actively operating or has significantly scaled down its activities.
What is Smartcoast Inc's primary program area?
The NTEE code is unknown, and detailed program descriptions are not available in the provided summary, making it difficult to determine its specific mission or program focus.
How does Smartcoast Inc fund its operations?
Based on the historical data, it primarily relied on contributions and grants, but the current funding status is unclear given the $0 revenue reported for the latest period.
Filing History
IRS 990 filing history for Smartcoast Inc showing financial trends over 3 years of public records:
Over 3 years of IRS 990 filings (2011–2013), Smartcoast Inc's revenue has declined by 33.4%, moving from $47K to $32K. Total assets increased by 84.7% over the same period, from $15K to $27K. Total functional expenses fell by 54.3%, from $47K to $21K. In its most recent filing year (2013), Smartcoast Inc reported a surplus of $10K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2013 | $32K | $21K | $27K | $0 | — | View 990 |
| 2012 | $37K | $35K | $17K | $479 | — | View 990 |
| 2011 | $47K | $47K | $15K | $604 | — | View 990 |
Year-by-Year Financial Summary
- 2013: Revenue of $32K, expenses of $21K, and assets of $27K (revenue -15.5% year-over-year).
- 2012: Revenue of $37K, expenses of $35K, and assets of $17K (revenue -21.2% year-over-year).
- 2011: Revenue of $47K, expenses of $47K, and assets of $15K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Smartcoast Inc:
Data Sources and Methodology
This transparency report for Smartcoast 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.