Foundation For Theological Education In Southeast Asia
EIN: 237362344 · W Barnstable, MA
| Metric | Value |
|---|---|
| Total Revenue | $1.1M |
| Total Expenses | $884K |
| Net Assets | $18.2M |
Is Foundation For Theological Education In Southeast Asia Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Foundation For Theological Education In Southeast Asia
Foundation For Theological Education In Southeast Asia (EIN: 237362344) is a nonprofit organization based in W Barnstable, MA. The organization reported total revenue of $1.1M and total assets of $18.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Foundation For Theological Education In Southeast Asia's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Foundation For Theological Education In Southeast Asia is a mid-size nonprofit that has been operating for 52 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -4.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $447K |
| Total Expenses | $884K |
| Surplus / Deficit | $-437,508 |
| Total Assets | $18.3M |
| Total Liabilities | $134K |
| Net Assets | $18.2M |
| Operating Margin | -98.0% |
| Debt-to-Asset Ratio | 0.7% |
| Months of Reserves | 248.6 months |
Financial Health Grade: B
In 2023, Foundation For Theological Education In Southeast Asia reported a deficit of $438K with expenses exceeding revenue, holds 248.6 months of operating reserves (strong position), has a debt-to-asset ratio of 0.7% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Foundation For Theological Education In Southeast Asia's revenue has declined at a compound annual growth rate (CAGR) of -4.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -11.2% | -16.9% | +9.0% |
| 2022 | -3.1% | +21.4% | -22.0% |
| 2021 | +14.1% | +16.8% | +3.9% |
| 2020 | +96.4% | +4.9% | +14.6% |
| 2019 | +50.7% | +13.6% | +21.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1974 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Foundation For Theological Education In Southeast Asia 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 Foundation For Theological Education In Southeast Asia 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 $438K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.7%.
Frequently Asked Questions about Foundation For Theological Education In Southeast Asia
Is Foundation For Theological Education In Southeast Asia a legitimate charity?
Based on AI analysis of IRS 990 filings, Foundation For Theological Education In Southeast Asia (EIN: 237362344) insufficient data. 0 red flags identified, 0 strengths noted.
How does Foundation For Theological Education In Southeast Asia spend its money?
Detailed spending breakdown data is not yet available for Foundation For Theological Education In Southeast Asia. Check back for updated IRS 990 analysis.
Are donations to Foundation For Theological Education In Southeast Asia tax-deductible?
Foundation For Theological Education In Southeast Asia is registered as a tax-exempt nonprofit (EIN: 237362344). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Foundation For Theological Education In Southeast Asia located?
Foundation For Theological Education In Southeast Asia is headquartered in W Barnstable, Massachusetts and files with the IRS under EIN 237362344.
How many years of IRS 990 filings does Foundation For Theological Education In Southeast Asia have?
Foundation For Theological Education In Southeast Asia has 10 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 $1.1M in total revenue.
Filing History
IRS 990 filing history for Foundation For Theological Education In Southeast Asia showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Foundation For Theological Education In Southeast Asia's revenue has declined by 43.6%, moving from $792K to $447K. Total assets increased by 36.8% over the same period, from $13.4M to $18.3M. Total functional expenses rose by 16.8%, from $757K to $884K. In its most recent filing year (2023), Foundation For Theological Education In Southeast Asia reported a deficit of $438K, with expenses exceeding revenue. The organization holds $134K in liabilities against $18.3M in assets (debt-to-asset ratio: 0.7%), resulting in net assets of $18.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $447K | $884K | $18.3M | $134K | — | — |
| 2022 | $503K | $1.1M | $16.8M | $66K | — | View 990 |
| 2021 | $519K | $876K | $21.5M | $114K | — | View 990 |
| 2020 | $455K | $750K | $20.7M | $71K | — | — |
| 2019 | $232K | $715K | $18.1M | $62K | — | — |
| 2015 | $154K | $630K | $14.8M | $84K | — | View 990 |
| 2014 | $124K | $635K | $15.9M | $93K | — | View 990 |
| 2013 | $132K | $686K | $15.8M | $56K | — | View 990 |
| 2012 | $1.5M | $723K | $14.2M | $67K | — | View 990 |
| 2011 | $792K | $757K | $13.4M | $66K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $447K, expenses of $884K, and assets of $18.3M (revenue -11.2% year-over-year).
- 2022: Revenue of $503K, expenses of $1.1M, and assets of $16.8M (revenue -3.1% year-over-year).
- 2021: Revenue of $519K, expenses of $876K, and assets of $21.5M (revenue +14.1% year-over-year).
- 2020: Revenue of $455K, expenses of $750K, and assets of $20.7M (revenue +96.4% year-over-year).
- 2019: Revenue of $232K, expenses of $715K, and assets of $18.1M (revenue +50.7% year-over-year).
- 2015: Revenue of $154K, expenses of $630K, and assets of $14.8M (revenue +23.9% year-over-year).
- 2014: Revenue of $124K, expenses of $635K, and assets of $15.9M (revenue -5.9% year-over-year).
- 2013: Revenue of $132K, expenses of $686K, and assets of $15.8M (revenue -91.4% year-over-year).
- 2012: Revenue of $1.5M, expenses of $723K, and assets of $14.2M (revenue +93.9% year-over-year).
- 2011: Revenue of $792K, expenses of $757K, and assets of $13.4M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Foundation For Theological Education In Southeast Asia:
Data Sources and Methodology
This transparency report for Foundation For Theological Education In Southeast Asia 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.