Inland Seas Education Association
EIN: 382866234 · Suttons Bay, MI · NTEE: C60Z
| Metric | Value |
|---|---|
| Total Revenue | $3.5M |
| Total Expenses | $1.8M |
| Net Assets | $7.3M |
Is Inland Seas Education Association Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Inland Seas Education Association
Inland Seas Education Association (EIN: 382866234) is a nonprofit organization based in Suttons Bay, MI, classified under NTEE code C60Z. The organization reported total revenue of $3.5M and total assets of $8.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Inland Seas Education Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Inland Seas Education Association is a mid-size nonprofit that has been operating for 37 years, with 14 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 17.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.6M |
| Total Expenses | $1.8M |
| Surplus / Deficit | +$1.8M |
| Total Assets | $7.4M |
| Total Liabilities | $73K |
| Net Assets | $7.3M |
| Operating Margin | 49.7% |
| Debt-to-Asset Ratio | 1.0% |
| Months of Reserves | 49.2 months |
Financial Health Grade: A
In 2023, Inland Seas Education Association reported a surplus of $1.8M with revenue exceeding expenses, holds 49.2 months of operating reserves (strong position), has a debt-to-asset ratio of 1.0% (very low leverage).
Financial Trends
Over 14 years of filings (2011–2023), Inland Seas Education Association's revenue has grown at a compound annual growth rate (CAGR) of 17.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +54.6% | +36.3% | +30.1% |
| 2022 | +30.0% | +19.2% | +35.4% |
| 2021 | +218.0% | +161.4% | +22.9% |
| 2020 | -50.6% | -53.1% | -2.3% |
| 2020 | +17.7% | +1.6% | -1.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1989 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Inland Seas Education Association 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 Inland Seas Education Association 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 $1.8M, with revenue exceeding expenses.
- Debt-to-asset ratio: 1.0%.
Frequently Asked Questions about Inland Seas Education Association
Is Inland Seas Education Association a legitimate charity?
Based on AI analysis of IRS 990 filings, Inland Seas Education Association (EIN: 382866234) insufficient data. 0 red flags identified, 0 strengths noted.
How does Inland Seas Education Association spend its money?
Detailed spending breakdown data is not yet available for Inland Seas Education Association. Check back for updated IRS 990 analysis.
Are donations to Inland Seas Education Association tax-deductible?
Inland Seas Education Association is registered as a tax-exempt nonprofit (EIN: 382866234). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Inland Seas Education Association located?
Inland Seas Education Association is headquartered in Suttons Bay, Michigan and files with the IRS under EIN 382866234. It is classified under NTEE code C60Z.
How many years of IRS 990 filings does Inland Seas Education Association have?
Inland Seas Education Association 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 $3.5M in total revenue.
Filing History
IRS 990 filing history for Inland Seas Education Association showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2023), Inland Seas Education Association's revenue has grown by 619.1%, moving from $500K to $3.6M. Total assets increased by 262.3% over the same period, from $2.0M to $7.4M. Total functional expenses rose by 247.4%, from $521K to $1.8M. In its most recent filing year (2023), Inland Seas Education Association reported a surplus of $1.8M, with revenue exceeding expenses. The organization holds $73K in liabilities against $7.4M in assets (debt-to-asset ratio: 1.0%), resulting in net assets of $7.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $3.6M | $1.8M | $7.4M | $73K | — | — |
| 2022 | $2.3M | $1.3M | $5.7M | $426K | — | View 990 |
| 2021 | $1.8M | $1.1M | $4.2M | $74K | — | View 990 |
| 2020 | $563K | $426K | $3.4M | $180K | — | View 990 |
| 2020 | $1.1M | $909K | $3.5M | $397K | — | View 990 |
| 2019 | $967K | $895K | $3.5M | $661K | — | View 990 |
| 2018 | $1.3M | $886K | $3.0M | $145K | — | View 990 |
| 2017 | $1.7M | $771K | $2.8M | $326K | — | View 990 |
| 2016 | $736K | $633K | $1.9M | $449K | — | View 990 |
| 2015 | $768K | $612K | $1.8M | $483K | — | View 990 |
| 2014 | $546K | $600K | $1.7M | $454K | — | View 990 |
| 2013 | $546K | $678K | $1.8M | $496K | — | View 990 |
| 2012 | $466K | $605K | $1.9M | $504K | — | View 990 |
| 2011 | $500K | $521K | $2.0M | $536K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.6M, expenses of $1.8M, and assets of $7.4M (revenue +54.6% year-over-year).
- 2022: Revenue of $2.3M, expenses of $1.3M, and assets of $5.7M (revenue +30.0% year-over-year).
- 2021: Revenue of $1.8M, expenses of $1.1M, and assets of $4.2M (revenue +218.0% year-over-year).
- 2020: Revenue of $563K, expenses of $426K, and assets of $3.4M (revenue -50.6% year-over-year).
- 2020: Revenue of $1.1M, expenses of $909K, and assets of $3.5M (revenue +17.7% year-over-year).
- 2019: Revenue of $967K, expenses of $895K, and assets of $3.5M (revenue -22.7% year-over-year).
- 2018: Revenue of $1.3M, expenses of $886K, and assets of $3.0M (revenue -28.3% year-over-year).
- 2017: Revenue of $1.7M, expenses of $771K, and assets of $2.8M (revenue +137.3% year-over-year).
- 2016: Revenue of $736K, expenses of $633K, and assets of $1.9M (revenue -4.2% year-over-year).
- 2015: Revenue of $768K, expenses of $612K, and assets of $1.8M (revenue +40.6% year-over-year).
- 2014: Revenue of $546K, expenses of $600K, and assets of $1.7M (revenue +-0.0% year-over-year).
- 2013: Revenue of $546K, expenses of $678K, and assets of $1.8M (revenue +17.1% year-over-year).
- 2012: Revenue of $466K, expenses of $605K, and assets of $1.9M (revenue -6.7% year-over-year).
- 2011: Revenue of $500K, expenses of $521K, and assets of $2.0M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Inland Seas Education Association:
Data Sources and Methodology
This transparency report for Inland Seas Education Association 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.