Center For Spiritual And Ethical Education Inc
Center For Spiritual And Ethical Education Inc shows consistent revenue growth and asset accumulation with no reported officer compensation.
EIN: 131628450 · Washington, DC · Updated: 2026-03-28
Is Center For Spiritual And Ethical Education Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Center For Spiritual And Ethical Education Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Center For Spiritual And Ethical Education Inc
Center For Spiritual And Ethical Education Inc (EIN: 131628450) is a nonprofit organization based in Washington, DC. The organization reported total revenue of $1.1M and total assets of $1.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Center For Spiritual And Ethical Education Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Center For Spiritual And Ethical Education Inc is a mid-size nonprofit that has been operating for 69 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 5.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $798K |
| Total Expenses | $718K |
| Surplus / Deficit | +$80K |
| Total Assets | $1.7M |
| Total Liabilities | $203K |
| Net Assets | $1.5M |
| Operating Margin | 10.1% |
| Debt-to-Asset Ratio | 11.8% |
| Months of Reserves | 28.9 months |
Financial Health Grade: A
In 2023, Center For Spiritual And Ethical Education Inc reported a surplus of $80K with revenue exceeding expenses, holds 28.9 months of operating reserves (strong position), has a debt-to-asset ratio of 11.8% (very low leverage).
Financial Trends
Over 12 years of filings (2012–2023), Center For Spiritual And Ethical Education Inc's revenue has grown at a compound annual growth rate (CAGR) of 5.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +21.2% | +10.4% | +22.9% |
| 2022 | -6.3% | +40.4% | -9.5% |
| 2021 | +17.0% | -14.2% | +29.6% |
| 2020 | +2.0% | -1.1% | +6.2% |
| 2019 | +26.2% | +18.8% | +3.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1957 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Center For Spiritual And Ethical Education Inc with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Center For Spiritual And Ethical Education Inc allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $80K, with revenue exceeding expenses.
- Debt-to-asset ratio: 11.8%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, which is highly unusual for an organization with revenues approaching $1 million. This suggests either a fully volunteer executive leadership or that compensation is categorized differently, which could impact the perceived efficiency of program spending.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Center For Spiritual And Ethical Education Inc's IRS 990 filings:
- Consistent 0% officer compensation reported, which is unusual for an organization of this size and could indicate reporting nuances that obscure true executive costs.
- NTEE code is unknown, hindering direct comparison with similar organizations and understanding of specific mission alignment.
Strengths
The following positive indicators were identified for Center For Spiritual And Ethical Education Inc:
- Consistent revenue growth, increasing from $451,165 in 2014 to $798,078 in 2023, indicating financial sustainability.
- Healthy and growing asset base, from $913,732 in 2014 to $1,729,281 in 2023, providing strong financial stability.
- Expenses consistently below revenue, demonstrating prudent financial management and allowing for asset accumulation.
- Strong program spending ratio (estimated 90%), indicating a high proportion of funds directly supporting its mission.
Frequently Asked Questions about Center For Spiritual And Ethical Education Inc
Is Center For Spiritual And Ethical Education Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Center For Spiritual And Ethical Education Inc (EIN: 131628450) some concerns. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
How does Center For Spiritual And Ethical Education Inc spend its money?
Center For Spiritual And Ethical Education Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Center For Spiritual And Ethical Education Inc tax-deductible?
Center For Spiritual And Ethical Education Inc is registered as a tax-exempt nonprofit (EIN: 131628450). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does the Center For Spiritual And Ethical Education Inc manage to operate with 0% reported officer compensation?
The consistent reporting of 0% officer compensation across all filings (2014-2023) is highly unusual for an organization of this size. It suggests either a volunteer-led executive team, or that executive compensation is reported under other expense categories, which would require further clarification from the organization to fully understand its operational structure and true administrative costs.
What is the organization's NTEE code and how does it align with its mission?
The NTEE code for Center For Spiritual And Ethical Education Inc is currently unknown. Identifying this code would provide better insight into its specific programmatic focus and allow for more accurate peer comparisons regarding spending efficiency and impact within its sector.
What is the breakdown of program expenses given the high program spending ratio?
While the organization demonstrates a strong program spending ratio (estimated at 90%), a detailed breakdown of these program expenses would provide greater insight into the specific activities and initiatives funded, allowing donors to understand the direct impact of their contributions.
Filing History
IRS 990 filing history for Center For Spiritual And Ethical Education Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Center For Spiritual And Ethical Education Inc's revenue has grown by 82.6%, moving from $437K to $798K. Total assets increased by 102.2% over the same period, from $855K to $1.7M. Total functional expenses rose by 67.3%, from $429K to $718K. In its most recent filing year (2023), Center For Spiritual And Ethical Education Inc reported a surplus of $80K, with revenue exceeding expenses. The organization holds $203K in liabilities against $1.7M in assets (debt-to-asset ratio: 11.8%), resulting in net assets of $1.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $798K | $718K | $1.7M | $203K | — | View 990 |
| 2022 | $658K | $650K | $1.4M | $185K | — | View 990 |
| 2021 | $702K | $463K | $1.6M | $239K | — | View 990 |
| 2020 | $601K | $540K | $1.2M | $217K | — | — |
| 2019 | $589K | $546K | $1.1M | $208K | — | — |
| 2018 | $467K | $459K | $1.1M | $202K | — | — |
| 2017 | $518K | $485K | $1.0M | $187K | — | View 990 |
| 2016 | $453K | $411K | $983K | $209K | — | View 990 |
| 2015 | $481K | $496K | $948K | $140K | — | View 990 |
| 2014 | $451K | $459K | $914K | $103K | — | View 990 |
| 2013 | $415K | $432K | $858K | $117K | — | View 990 |
| 2012 | $437K | $429K | $855K | $134K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $798K, expenses of $718K, and assets of $1.7M (revenue +21.2% year-over-year).
- 2022: Revenue of $658K, expenses of $650K, and assets of $1.4M (revenue -6.3% year-over-year).
- 2021: Revenue of $702K, expenses of $463K, and assets of $1.6M (revenue +17.0% year-over-year).
- 2020: Revenue of $601K, expenses of $540K, and assets of $1.2M (revenue +2.0% year-over-year).
- 2019: Revenue of $589K, expenses of $546K, and assets of $1.1M (revenue +26.2% year-over-year).
- 2018: Revenue of $467K, expenses of $459K, and assets of $1.1M (revenue -9.9% year-over-year).
- 2017: Revenue of $518K, expenses of $485K, and assets of $1.0M (revenue +14.2% year-over-year).
- 2016: Revenue of $453K, expenses of $411K, and assets of $983K (revenue -5.8% year-over-year).
- 2015: Revenue of $481K, expenses of $496K, and assets of $948K (revenue +6.7% year-over-year).
- 2014: Revenue of $451K, expenses of $459K, and assets of $914K (revenue +8.7% year-over-year).
- 2013: Revenue of $415K, expenses of $432K, and assets of $858K (revenue -5.0% year-over-year).
- 2012: Revenue of $437K, expenses of $429K, and assets of $855K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Center For Spiritual And Ethical Education Inc:
Data Sources and Methodology
This transparency report for Center For Spiritual And Ethical Education Inc 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.