Ciee Inc
Ciee Inc shows strong revenue recovery and asset growth, but executive compensation reporting lacks detail.
EIN: 134038907 · Boston, MA · NTEE: Q22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $189.6M |
| Total Expenses | $131.6M |
| Program Spending | 80% |
| CEO/Top Officer Pay | $150 |
| Net Assets | $48.8M |
| Transparency Score | 75/100 |
Is Ciee Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Ciee Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Ciee Inc
Ciee Inc (EIN: 134038907) is a nonprofit organization based in Boston, MA, classified under NTEE code Q22. The organization reported total revenue of $189.6M and total assets of $171.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Ciee Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Ciee Inc is a major nonprofit that has been operating for 27 years, with 12 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $151.3M |
| Total Expenses | $131.6M |
| Surplus / Deficit | +$19.7M |
| Total Assets | $132.4M |
| Total Liabilities | $83.6M |
| Net Assets | $48.8M |
| Operating Margin | 13.0% |
| Debt-to-Asset Ratio | 63.1% |
| Months of Reserves | 12.1 months |
Financial Health Grade: A
In 2023, Ciee Inc reported a surplus of $19.7M with revenue exceeding expenses, holds 12.1 months of operating reserves (strong position), has a debt-to-asset ratio of 63.1% (high leverage).
Financial Trends
Over 12 years of filings (2011–2023), Ciee Inc's revenue has grown at a compound annual growth rate (CAGR) of 4.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +26.7% | +29.2% | +43.6% |
| 2022 | +30.2% | -13.9% | -25.1% |
| 2020 | -46.0% | -30.8% | -30.0% |
| 2019 | +10.8% | +10.6% | +9.8% |
| 2018 | +2.3% | +10.4% | +9.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1999 |
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 Ciee Inc with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Ciee Inc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% 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 $19.7M, with revenue exceeding expenses.
- Debt-to-asset ratio: 63.1%.
Executive Compensation Analysis
The consistent reporting of 0% officer compensation across all available filings for an organization with revenues exceeding $150 million and assets over $130 million (in 2023) is highly unusual and suggests that executive compensation may be reported under different categories or that the highest-paid individuals are not formally classified as 'officers' for 990 purposes, which limits transparency.
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 Ciee Inc's IRS 990 filings:
- Consistent 0% officer compensation reported on 990s for a large organization, limiting transparency on executive pay.
- Significant increase in liabilities over the past decade, from $43.2M in 2013 to $83.5M in 2023, warrants further investigation into their nature and management.
Strengths
The following positive indicators were identified for Ciee Inc:
- Strong revenue recovery post-2020, with revenue increasing from $91.7M in 2020 to $151.3M in 2023.
- Consistent asset growth, from $85.0M in 2013 to $132.4M in 2023, indicating financial stability and capacity.
- Generally positive net income in most recent years (e.g., $19.7M surplus in 2023), suggesting sustainable operations.
Frequently Asked Questions about Ciee Inc
Is Ciee Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Ciee Inc (EIN: 134038907) some concerns. Mission Score: 75/100. 2 red flags identified, 3 strengths noted.
How does Ciee Inc spend its money?
Ciee Inc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Ciee Inc tax-deductible?
Ciee Inc is registered as a tax-exempt nonprofit (EIN: 134038907). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Ciee Inc CEO make?
Ciee Inc's highest-compensated officer earns $150 annually. The organization reported $189.6M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Ciee Inc's spending goes to programs?
Ciee Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Ciee Inc compare to similar nonprofits?
With a transparency score of 75/100 (Good), Ciee Inc is above average for NTEE category Q22 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Ciee Inc located?
Ciee Inc is headquartered in Boston, Massachusetts and files with the IRS under EIN 134038907. It is classified under NTEE code Q22.
How many years of IRS 990 filings does Ciee Inc have?
Ciee Inc has 12 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 $189.6M in total revenue.
How does Ciee Inc manage to report 0% officer compensation despite its large size?
The consistent reporting of 0% officer compensation on the IRS 990s for an organization with revenues exceeding $150 million is highly unusual. This could mean that the highest-paid individuals are not formally classified as 'officers' for 990 reporting purposes, or their compensation is aggregated under other expense categories, making it difficult to ascertain executive pay directly from these filings.
What is the organization's long-term strategy for managing liabilities, which have grown significantly?
Liabilities have shown a general upward trend, from $43,272,494 in 2013 to $83,595,534 in 2023. While assets have also grown, understanding the nature of these liabilities (e.g., program-related debt, operational payables) and the strategy for their management is crucial for long-term financial health.
What is the detailed breakdown of program, administrative, and fundraising expenses?
The provided data does not offer a granular breakdown of expenses into program, administrative, and fundraising categories. This information is essential for a comprehensive assessment of spending efficiency and how effectively resources are directed towards the mission.
Filing History
IRS 990 filing history for Ciee Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2023), Ciee Inc's revenue has grown by 68.9%, moving from $89.6M to $151.3M. Total assets increased by 99.3% over the same period, from $66.4M to $132.4M. Total functional expenses rose by 51.2%, from $87.1M to $131.6M. In its most recent filing year (2023), Ciee Inc reported a surplus of $19.7M, with revenue exceeding expenses. The organization holds $83.6M in liabilities against $132.4M in assets (debt-to-asset ratio: 63.1%), resulting in net assets of $48.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $151.3M | $131.6M | $132.4M | $83.6M | — | View 990 |
| 2022 | $119.4M | $101.9M | $92.2M | $63.1M | — | View 990 |
| 2020 | $91.7M | $118.4M | $123.1M | $83.8M | — | View 990 |
| 2019 | $169.7M | $171.1M | $175.9M | $109.4M | — | View 990 |
| 2018 | $153.1M | $154.8M | $160.2M | $91.1M | — | View 990 |
| 2017 | $149.6M | $140.2M | $146.6M | $75.2M | — | View 990 |
| 2016 | $143.3M | $136.1M | $137.7M | $76.1M | — | View 990 |
| 2015 | $134.4M | $129.1M | $112.6M | $60.1M | — | View 990 |
| 2014 | $120.9M | $115.9M | $102.4M | $54.7M | — | View 990 |
| 2013 | $107.0M | $99.6M | $85.1M | $43.3M | — | View 990 |
| 2012 | $94.5M | $92.3M | $75.5M | $40.2M | — | View 990 |
| 2011 | $89.6M | $87.1M | $66.4M | $33.1M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $151.3M, expenses of $131.6M, and assets of $132.4M (revenue +26.7% year-over-year).
- 2022: Revenue of $119.4M, expenses of $101.9M, and assets of $92.2M (revenue +30.2% year-over-year).
- 2020: Revenue of $91.7M, expenses of $118.4M, and assets of $123.1M (revenue -46.0% year-over-year).
- 2019: Revenue of $169.7M, expenses of $171.1M, and assets of $175.9M (revenue +10.8% year-over-year).
- 2018: Revenue of $153.1M, expenses of $154.8M, and assets of $160.2M (revenue +2.3% year-over-year).
- 2017: Revenue of $149.6M, expenses of $140.2M, and assets of $146.6M (revenue +4.4% year-over-year).
- 2016: Revenue of $143.3M, expenses of $136.1M, and assets of $137.7M (revenue +6.7% year-over-year).
- 2015: Revenue of $134.4M, expenses of $129.1M, and assets of $112.6M (revenue +11.1% year-over-year).
- 2014: Revenue of $120.9M, expenses of $115.9M, and assets of $102.4M (revenue +13.0% year-over-year).
- 2013: Revenue of $107.0M, expenses of $99.6M, and assets of $85.1M (revenue +13.2% year-over-year).
- 2012: Revenue of $94.5M, expenses of $92.3M, and assets of $75.5M (revenue +5.5% year-over-year).
- 2011: Revenue of $89.6M, expenses of $87.1M, and assets of $66.4M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Ciee Inc:
Data Sources and Methodology
This transparency report for Ciee 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.