Houston International Seamens Center
EIN: 741540312 · Houston, TX
| Metric | Value |
|---|---|
| Total Revenue | $1.7M |
| Total Expenses | $1.2M |
| Net Assets | $3.4M |
Is Houston International Seamens Center Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Houston International Seamens Center
Houston International Seamens Center (EIN: 741540312) is a nonprofit organization based in Houston, TX. The organization reported total revenue of $1.7M and total assets of $3.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Houston International Seamens Center's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Houston International Seamens Center is a mid-size nonprofit that has been operating for 60 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of -2.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.5M |
| Total Expenses | $1.2M |
| Surplus / Deficit | +$272K |
| Total Assets | $3.4M |
| Total Liabilities | $671 |
| Net Assets | $3.4M |
| Operating Margin | 17.9% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 32.5 months |
Financial Health Grade: A
In 2023, Houston International Seamens Center reported a surplus of $272K with revenue exceeding expenses, holds 32.5 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 14 years of filings (2010–2023), Houston International Seamens Center's revenue has declined at a compound annual growth rate (CAGR) of -2.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +29.3% | +12.2% | +12.5% |
| 2022 | -22.3% | -10.5% | -4.5% |
| 2021 | +11.6% | +8.6% | +5.9% |
| 2020 | +6.8% | -4.4% | +8.3% |
| 2019 | -4.9% | -8.6% | +3.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 1966 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Houston International Seamens Center 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 Houston International Seamens Center 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 surplus of $272K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Houston International Seamens Center
Is Houston International Seamens Center a legitimate charity?
Houston International Seamens Center (EIN: 741540312) is a registered tax-exempt nonprofit based in Texas. It has 14 years of IRS 990 filings on record. Total revenue: $1.7M. No red flags identified. Financial health grade: A.
How does Houston International Seamens Center spend its money?
Houston International Seamens Center reported $1.7M in total revenue in IRS 990 filings. 14 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Houston International Seamens Center tax-deductible?
Houston International Seamens Center is registered as a tax-exempt nonprofit (EIN: 741540312). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Houston International Seamens Center located?
Houston International Seamens Center is headquartered in Houston, Texas and files with the IRS under EIN 741540312.
How many years of IRS 990 filings does Houston International Seamens Center have?
Houston International Seamens Center has 14 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 $1.7M in total revenue.
Filing History
IRS 990 filing history for Houston International Seamens Center showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Houston International Seamens Center's revenue has declined by 26.1%, moving from $2.1M to $1.5M. Total assets increased by 59.1% over the same period, from $2.1M to $3.4M. Total functional expenses fell by 37.9%, from $2.0M to $1.2M. In its most recent filing year (2023), Houston International Seamens Center reported a surplus of $272K, with revenue exceeding expenses. The organization holds $671 in liabilities against $3.4M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $3.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.5M | $1.2M | $3.4M | $671 | — | — |
| 2022 | $1.2M | $1.1M | $3.0M | $486 | — | View 990 |
| 2021 | $1.5M | $1.2M | $3.1M | $3K | — | View 990 |
| 2020 | $1.4M | $1.1M | $3.0M | $771 | — | — |
| 2019 | $1.3M | $1.2M | $2.7M | $2K | — | View 990 |
| 2018 | $1.3M | $1.3M | $2.6M | $5K | — | View 990 |
| 2017 | $1.7M | $1.7M | $2.6M | $4K | — | View 990 |
| 2016 | $2.2M | $1.7M | $2.7M | $137K | — | View 990 |
| 2015 | $1.7M | $1.7M | $2.0M | $63K | — | View 990 |
| 2014 | $1.9M | $1.9M | $2.0M | $45K | — | View 990 |
| 2013 | $2.1M | $2.1M | $2.1M | $84K | — | View 990 |
| 2012 | $2.1M | $2.0M | $2.1M | $16K | — | View 990 |
| 2011 | $2.0M | $2.0M | $2.1M | $29K | — | View 990 |
| 2010 | $2.1M | $2.0M | $2.1M | $35K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.5M, expenses of $1.2M, and assets of $3.4M (revenue +29.3% year-over-year).
- 2022: Revenue of $1.2M, expenses of $1.1M, and assets of $3.0M (revenue -22.3% year-over-year).
- 2021: Revenue of $1.5M, expenses of $1.2M, and assets of $3.1M (revenue +11.6% year-over-year).
- 2020: Revenue of $1.4M, expenses of $1.1M, and assets of $3.0M (revenue +6.8% year-over-year).
- 2019: Revenue of $1.3M, expenses of $1.2M, and assets of $2.7M (revenue -4.9% year-over-year).
- 2018: Revenue of $1.3M, expenses of $1.3M, and assets of $2.6M (revenue -23.5% year-over-year).
- 2017: Revenue of $1.7M, expenses of $1.7M, and assets of $2.6M (revenue -20.9% year-over-year).
- 2016: Revenue of $2.2M, expenses of $1.7M, and assets of $2.7M (revenue +26.1% year-over-year).
- 2015: Revenue of $1.7M, expenses of $1.7M, and assets of $2.0M (revenue -6.5% year-over-year).
- 2014: Revenue of $1.9M, expenses of $1.9M, and assets of $2.0M (revenue -11.0% year-over-year).
- 2013: Revenue of $2.1M, expenses of $2.1M, and assets of $2.1M (revenue +0.7% year-over-year).
- 2012: Revenue of $2.1M, expenses of $2.0M, and assets of $2.1M (revenue +2.2% year-over-year).
- 2011: Revenue of $2.0M, expenses of $2.0M, and assets of $2.1M (revenue -0.7% year-over-year).
- 2010: Revenue of $2.1M, expenses of $2.0M, and assets of $2.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Houston International Seamens Center:
Data Sources and Methodology
This transparency report for Houston International Seamens Center 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.