Is Small Enterprise Assistance Funds Legit?

Quick charity verification for Small Enterprise Assistance Funds (EIN: 133535334)

Verdict: Small Enterprise Assistance Funds appears trustworthy

85/100Mission Score
$8.5MRevenue
$39.2MAssets
3Red Flags
3Strengths

Red Flags

Strengths

Spending Breakdown

How Small Enterprise Assistance Funds allocates its funds across programs, administration, and fundraising.

80%
Program Spending
Healthy — majority goes to mission
15%
Admin Costs
Reasonable — admin costs in check
5%
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 Small Enterprise Assistance Funds

Is Small Enterprise Assistance Funds a legitimate charity?

Based on AI analysis of IRS 990 filings, Small Enterprise Assistance Funds (EIN: 133535334) appears trustworthy. Mission Score: 85/100. 3 red flags identified, 3 strengths noted.

Is Small Enterprise Assistance Funds a good charity to donate to?

Small Enterprise Assistance Funds has a Mission Score of 85/100. Revenue: $8.5M. Assets: $39.2M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Small Enterprise Assistance Funds?

The Employer Identification Number (EIN) for Small Enterprise Assistance Funds is 133535334. 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 Small Enterprise Assistance Funds spend its money?

Small Enterprise Assistance Funds allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Small Enterprise Assistance Funds's tax-exempt status?

You can verify Small Enterprise Assistance Funds's tax-exempt status using EIN 133535334 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

Small Enterprise Assistance Funds (SEAF) demonstrates a consistent commitment to its mission of fostering small enterprises, as evidenced by its NTEE code S122. The organization's financial health shows some volatility in revenue and expenses over the past decade, with recent years (2021-2023) showing expenses exceeding revenue, leading to net deficits. For instance, in 2023, expenses were $9,697,385 against revenues of $8,459,646, and in 2022, expenses were $9,920,170 against revenues of $9,245,371. This trend suggests a reliance on prior year surpluses or other funding sources to cover operational costs. Despite these deficits, SEAF has maintained substantial assets, with $39,225,122 in the latest period, indicating a strong financial base. The organization's transparency is commendable, particularly with the consistent reporting of 0% officer compensation across all available filings, which suggests that executive leadership is either unpaid or compensated through other means not categorized as officer compensation on the 990, or that the organization operates with a volunteer executive structure. This practice, if accurately reflecting no compensation, significantly reduces administrative overhead related to executive salaries. While the exact breakdown of program, administrative, and fundraising spending is not explicitly provided in the summary data, the consistent reporting and substantial asset base point to a well-established organization. The recent deficits warrant closer examination to understand their sustainability, but the overall financial structure appears robust enough to absorb these short-term fluctuations, especially given the significant asset base relative to annual expenses.

View Full Transparency Report →

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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