Is Seele Foundation Legit?

Spending Breakdown

How Seele Foundation allocates its funds across programs, administration, and fundraising.

85%

Program Spending

Healthy — majority goes to mission

10%

Admin Costs

Reasonable — admin costs in check

Fundraising

Within typical range

How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.

How to Interpret This Report

What Red Flags Mean

Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.

What Mission Score Measures

The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.

Using This Data for Donation Decisions

Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.

Frequently Asked Questions about Seele Foundation

Is Seele Foundation a legitimate charity?

Based on AI analysis of IRS 990 filings, Seele Foundation (EIN: 205861027) appears trustworthy. Mission Score: 90/100. 1 red flag identified, 4 strengths noted.

Is Seele Foundation a good charity to donate to?

Seele Foundation has a Mission Score of 90/100. Revenue: $271K. Assets: $2.1M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Seele Foundation?

The Employer Identification Number (EIN) for Seele Foundation is 205861027. This is the unique tax ID assigned by the IRS.

What is a Mission Score?

The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.

How does Seele Foundation spend its money?

Seele Foundation allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Seele Foundation's tax-exempt status?

You can verify Seele Foundation's tax-exempt status using EIN 205861027 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.

AI Transparency Report

The Seele Foundation demonstrates strong financial health with consistently growing assets, reaching $2,076,293 in the latest period. The organization has shown a positive trend in revenue, with the latest reported revenue at $271,279, although there was a dip from the $338,427 reported in 2022. Their spending efficiency appears robust, as expenses have generally remained well below revenue, allowing for significant asset accumulation. For instance, in 2023, expenses were $119,735 against $230,238 in revenue.

One notable aspect is the consistent reporting of 0% officer compensation across all available filings, which suggests a high degree of volunteer leadership or that compensation is covered by other means not reflected in this specific line item. This practice, if it means no compensation is paid, contributes positively to spending efficiency by directing more funds to the mission. The organization's liabilities have consistently been very low, often $1 or less, indicating excellent financial management and minimal debt burden.

Overall, the Seele Foundation appears to be a financially stable and efficient organization. The lack of reported officer compensation, coupled with low liabilities and strong asset growth, points to a well-managed entity focused on its mission. Further details on program spending versus administrative and fundraising costs would provide a more complete picture of their operational efficiency, but the available data suggests a healthy financial trajectory.

Verdict: Seele Foundation appears trustworthy

Red Flags

Strengths