Nonprofit screen
Screen a listCohasset Maritime Institute
Can you give?
Listed with the IRS. Every screen came back clear.
A 501(c)(3) on Publication 78 and the IRS master file.
- IRS nonprofit listing
- No issue
- Revocation
- None
- IRS files
- Agree
- Sanctions
- No match
- IRS bulletin
- No notice
- California
- No record
- Charity type
- 509(a)(1)
$248krevenue
FY2024 · +73% in 3 yrs26staff
8 of 8years filed
’17’18’19’20’21’22’23’24
Revenue and spendingRevenueSpendingDeficit
Against similar nonprofits FY2024
Operating margin−2.7%
Months of reserve3.6mo
Revenue growth (annualized)+12.4%
Middle half of peersMedianCohasset Maritime Institute
Where the money goes FY2024 · $255k spent
Programs$233k91%Management and general$22k9%990 FY2024 · Part IX line 25
Worth checking2
A funder worth 14% of revenue stopped after FY2020
Mightycause Charitable Foundation gave $15k in FY2020, 14% of revenue that year.
Funders’ 990-PF grant listsDeficits in 3 of the last 3 years
−$28k in FY2022, −$5k in FY2023 and −$7k in FY2024. Cash covers 3.6 months, under the peer median of 6.7.
990 Part I and balance sheetIn its favor1
Growing faster than peers
Revenue up 12% a year since FY2017, faster than half of similar nonprofits.
990 Part I · peer cohort8funders
$5ka year, last 3 years
65%from its largest funder
Funder’20’21’22’23Mightycause Charitable FoundationOn and off$15kSouth Shore Playhouse Associates IncOn and off$5kThe Bank of America Charitable Foundation IncOn and off$100Eastern Bank FoundationNew in FY2023$60Donor-advised giftsDonors not disclosed$43$63$40$10k
FundedThrough a donor-advised fund