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Human Services : Social Services

Coast Guard Mutual Assistance

Serving the men and women of the US Coast Guard since 1924

four stars

95.21

1005 N Glebe Road Suite 220 Arlington, VA 22201
tel: (703) 875-0404   Web Site
EIN: 31-1801931

Board Leadership
Karl L. Schultz
Chairman

CEO
Cari Thomas
Chief Executive Officer

  Score
(out of 100)
Rating
Overall Score & Rating 95.21 four stars
  Financial 94.55 four stars
  Accountability & Transparency 96.00 four stars
This rating was published 11/01/2019 and includes data from FY2017, the most recent 990 received at that time.

Coast Guard Mutual Assistance (CGMA)'s central purpose is to assist our clients during their time of financial need. CGMA serves active duty, civilian employees, reservists, retirees and auxiliarists and their families. In general, assistance is provided through counseling, financial grants, short-term interest-free loans, referrals, and other related means. Aid is provided under a large variety of conditions and situations usually including disasters and emergencies, education assistance and family support such as housing and medical needs that are beyond the individual's ability to meet at the time assistance is requested. Coast Guard Mutual Assistance strives to meet the valid, verified, and genuine need of our clients and their immediate family.

Coast Guard Mutual Assistance (CGMA)'s central purpose is to assist our clients during their time of financial need. CGMA serves active duty, civilian employees, reservists, retirees and auxiliarists and their families. In general, assistance is provided through counseling, financial grants, short-term interest-free loans, referrals, and other related means. Aid is provided under a large variety of conditions and situations usually including disasters and emergencies, education assistance and family support such as housing and medical needs that are beyond the individual's ability to meet at the time assistance is requested. Coast Guard Mutual Assistance strives to meet the valid, verified, and genuine need of our clients and their immediate family.

Impact Information

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Reported Results
Total in 2018
Number of students enrolled
2,625
Average grant amount
418
Number of overall donors
19,837
This impact information is current as of October 2019, when it was provided to us by GuideStar. At this time, Impact information published on this organization's page has no effect on its rating per our methodology.

Financial

four stars

94.55

Accountability & Transparency

four stars

96.00

This rating was published 11/01/2019 and includes data from FY2017, the most recent 990 received at that time.
Overall Rating Chart
  Program Expenses
(Percent of the charity's total expenses spent on the programs
and services it delivers)
74.7%
  Administrative Expenses 19.9%
  Fundraising Expenses 5.2%
  Fundraising Efficiency $0.06
  Working Capital Ratio (years) 11.81
  Program Expenses Growth 35.9%
  Liabilities to Assets 0.4%
All data for Financial Performance Metrics calculations was provided by Coast Guard Mutual Assistance on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by Coast Guard Mutual Assistance on recent 990s filed with the IRS.

Constituent Voice

Charity Navigator believes collecting feedback from the people an organization serves can make it more effective. That is why we're partnering with GuideStar by Candid to share Constituent Voice information with you. Here's how this organization is listening and learning from its constituents:
How is the organization collecting feedback?
Electronic surveys (by email, tablet, etc), Community meetings or town halls, Suggestion box/email
How is the organization using feedback?
To identify and remedy poor client service experiences, To identify bright spots and enhance positive service experiences, To make fundamental changes to our programs and/or operations, To inform the development of new programs/projects, To strengthen relationships with the people we serve
With whom is the organization sharing feedback?
The people we serve, Our staff, Our board, Our funders
What challenges does the organization face when collecting feedback?
Note: This organization did not select any of the multiple choice responses to this question
Describe a recent change in your organization that resulted from feedback.
Clients wanted an easier way to receive their funds that we provide; rather than provide a check, based on their feedback, we now provide an electronic disbursement option
This Constituent Voice information is provided to us by Candid. At this time, Constituent Voice information published on this organization's page has no effect on its rating per our methodology.

Highly Rated

Charity Name & State Overall Score Overall Rating
Coast Guard Mutual Assistance (VA) 95.21 four stars
Soldiers' Angels (TX) 92.61 four stars
Operation Homefront (TX) 89.18 three stars
Homes For Our Troops (MA) 91.69 four stars
Honor Flight Network (OH) 90.94 four stars

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REVENUE  
Contributions  
   Contributions, Gifts & Grants $2,303,535
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $0
   Related Organizations $0
   Government Grants $0
Total Contributions $2,303,535
   Program Service Revenue $0
Total Primary Revenue $2,303,535
   Other Revenue $2,243,738
TOTAL REVENUE $4,547,273
   
EXPENSES  
   Program Expenses $2,909,239
   Administrative Expenses $746,385
   Fundraising Expenses $136,978
TOTAL FUNCTIONAL EXPENSES $3,792,602
   
Payments to Affiliates $0
Excess (or Deficit) for the year $754,671
   
Net Assets $33,980,613

Program names and associated costs are listed for the top programs as reported on the charity's most recently filed Form 990. The top programs displayed will include the largest three programs, or those programs covering at least 60% of the charity's total expenses, whichever comes first.

Program Name Amount Spent % of Program Expenses
Financial Assistance for Coast Guard Families $2,754,045 94.7%
Outreach and Support for Coast Guard Employees and Families $137,404 4.7%
Fees for Financial Counseling and Educational Benefits $17,790 0.6%

Ratings History
Coast Guard Mutual Assistance has received 2 consecutive 4-star ratings from Charity Navigator.

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2017-12 11/01/2019 95.21 four stars
2017-12 09/01/2018 93.15 four stars
2016-12 09/01/2017 90.03 four stars
2015-12 12/01/2016 84.59 three stars
2014-12 06/01/2016 86.28 three stars
 
CN 2.0
2014-12 11/01/2015 79.86 two stars
2013-12 10/01/2014 87.56 three stars
2012-12 06/01/2013 84.94 three stars

The data displayed on this tab is provided by the IRS in the form of Publication 78 and the Business Master File (BMF).

EIN 31-1801931
Name in IRS Master File COAST GUARD MUTUAL ASSISTANCE INCORPORATED
NTEE Code W30
NTEE Classification Military, Veterans' Organizations
NTEE Type Public, Society Benefit - Multipurpose and Other
Classification Charitable Organization
Subsection 501(c)(3)  (View the list of codes)
Activities
Foundation Status Organization which receives a substantial part of its support from a governmental unit or the general public   170(b)(1)(A)(vi)
Deductibility Contributions are deductible
Affiliation Independent - the organization is an independent organization or an independent auxiliary (i.e., not affiliated with a National, Regional, or Geographic grouping of organizations).
Group Name [Not Applicable]
Ruling Date June, 2002
Filing Requirement 990 (all other) or 990EZ return
Fiscal Year End December
IRS Forms 990
(provided courtesy of Foundation Center)
(Log In or Register Now to View Forms 990!)
  • December, 2017
  • December, 2016
  • December, 2015
  • December, 2014
  • December, 2013
Compensation % of Expenses Paid to Title
$158,166 4.17% Barry Boisvere Executive Director

Highly Rated

Charity Name & State Overall Score Overall Rating
Coast Guard Mutual Assistance (VA) 95.21 four stars
Our Military Kids (VA) 95.86 four stars
Lone Survivor Foundation (TX) 90.87 four stars
Army Emergency Relief (VA) 94.83 four stars
Veterans of Foreign Wars Foundation (MO) 96.66 four stars

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This charity has an official representative registered with Charity Navigator.

Constituent Voice

This organization is sharing information on how they communicate with stakeholders to better inform your giving.

Charity Contact Info

Coast Guard Mutual Assistance
1005 N Glebe Road Suite 220
Arlington, VA 22201
tel: (703) 875-0404
fax: (703) 875-0344
EIN: 31-1801931

Visit Web Site

Board Leadership

Karl L. Schultz
Chairman

CEO

Cari Thomas
Chief Executive Officer

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