Association Of Sea Grant Program Institutions
EIN: 237099742 · Raleigh, NC
| Metric | Value |
|---|---|
| Total Revenue | $293K |
| Total Expenses | $356K |
| Net Assets | $599K |
Is Association Of Sea Grant Program Institutions Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Association Of Sea Grant Program Institutions
Association Of Sea Grant Program Institutions (EIN: 237099742) is a nonprofit organization based in Raleigh, NC. The organization reported total revenue of $293K and total assets of $585K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Association Of Sea Grant Program Institutions's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Association Of Sea Grant Program Institutions is a small nonprofit that has been operating for 54 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 7.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $281K |
| Total Expenses | $356K |
| Surplus / Deficit | $-75,129 |
| Total Assets | $612K |
| Total Liabilities | $13K |
| Net Assets | $599K |
| Operating Margin | -26.7% |
| Debt-to-Asset Ratio | 2.1% |
| Months of Reserves | 20.6 months |
Financial Health Grade: B
In 2023, Association Of Sea Grant Program Institutions reported a deficit of $75K with expenses exceeding revenue, holds 20.6 months of operating reserves (strong position), has a debt-to-asset ratio of 2.1% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Association Of Sea Grant Program Institutions's revenue has grown at a compound annual growth rate (CAGR) of 7.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +33.0% | +30.8% | -9.4% |
| 2022 | -22.8% | +79.8% | -14.0% |
| 2021 | -22.6% | -31.6% | +24.5% |
| 2020 | +30.8% | -15.8% | +35.7% |
| 2019 | +13.5% | +15.7% | +10.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 8000 |
| IRS Ruling Date | 1972 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Association Of Sea Grant Program Institutions has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Association Of Sea Grant Program Institutions with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $75K, with expenses exceeding revenue.
- Debt-to-asset ratio: 2.1%.
Frequently Asked Questions about Association Of Sea Grant Program Institutions
Is Association Of Sea Grant Program Institutions a legitimate charity?
Association Of Sea Grant Program Institutions (EIN: 237099742) is a registered tax-exempt nonprofit based in North Carolina. It has 13 years of IRS 990 filings on record. Total revenue: $293K. No red flags identified. Financial health grade: B.
How does Association Of Sea Grant Program Institutions spend its money?
Association Of Sea Grant Program Institutions reported $293K in total revenue in IRS 990 filings. 13 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Association Of Sea Grant Program Institutions tax-deductible?
Association Of Sea Grant Program Institutions is registered as a tax-exempt nonprofit (EIN: 237099742). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Association Of Sea Grant Program Institutions located?
Association Of Sea Grant Program Institutions is headquartered in Raleigh, North Carolina and files with the IRS under EIN 237099742.
How many years of IRS 990 filings does Association Of Sea Grant Program Institutions have?
Association Of Sea Grant Program Institutions has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $293K in total revenue.
Filing History
IRS 990 filing history for Association Of Sea Grant Program Institutions showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Association Of Sea Grant Program Institutions's revenue has grown by 137.4%, moving from $118K to $281K. Total assets increased by 84.4% over the same period, from $332K to $612K. Total functional expenses rose by 95.7%, from $182K to $356K. In its most recent filing year (2023), Association Of Sea Grant Program Institutions reported a deficit of $75K, with expenses exceeding revenue. The organization holds $13K in liabilities against $612K in assets (debt-to-asset ratio: 2.1%), resulting in net assets of $599K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $281K | $356K | $612K | $13K | — | — |
| 2022 | $212K | $272K | $675K | $35K | — | — |
| 2021 | $274K | $152K | $785K | $12K | — | View 990 |
| 2020 | $354K | $221K | $631K | $12K | — | — |
| 2019 | $270K | $263K | $465K | $10K | — | View 990 |
| 2018 | $238K | $227K | $420K | $20K | — | View 990 |
| 2017 | $270K | $250K | $440K | $10K | — | — |
| 2016 | $269K | $227K | $408K | $15K | — | View 990 |
| 2015 | $249K | $276K | $358K | $10K | — | View 990 |
| 2014 | $237K | $221K | $408K | $20K | — | View 990 |
| 2013 | $227K | $196K | $396K | $3K | — | View 990 |
| 2012 | $292K | $293K | $338K | $0 | — | View 990 |
| 2011 | $118K | $182K | $332K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $281K, expenses of $356K, and assets of $612K (revenue +33.0% year-over-year).
- 2022: Revenue of $212K, expenses of $272K, and assets of $675K (revenue -22.8% year-over-year).
- 2021: Revenue of $274K, expenses of $152K, and assets of $785K (revenue -22.6% year-over-year).
- 2020: Revenue of $354K, expenses of $221K, and assets of $631K (revenue +30.8% year-over-year).
- 2019: Revenue of $270K, expenses of $263K, and assets of $465K (revenue +13.5% year-over-year).
- 2018: Revenue of $238K, expenses of $227K, and assets of $420K (revenue -11.8% year-over-year).
- 2017: Revenue of $270K, expenses of $250K, and assets of $440K (revenue +0.3% year-over-year).
- 2016: Revenue of $269K, expenses of $227K, and assets of $408K (revenue +8.2% year-over-year).
- 2015: Revenue of $249K, expenses of $276K, and assets of $358K (revenue +4.8% year-over-year).
- 2014: Revenue of $237K, expenses of $221K, and assets of $408K (revenue +4.3% year-over-year).
- 2013: Revenue of $227K, expenses of $196K, and assets of $396K (revenue -22.0% year-over-year).
- 2012: Revenue of $292K, expenses of $293K, and assets of $338K (revenue +146.1% year-over-year).
- 2011: Revenue of $118K, expenses of $182K, and assets of $332K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Association Of Sea Grant Program Institutions:
Data Sources and Methodology
This transparency report for Association Of Sea Grant Program Institutions 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.