James C And Rhonda S Seacrest Found Ation
Small private foundation maintains consistent operations with zero officer compensation.
EIN: 206646414 · Lincoln, NE · NTEE: T22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $66K |
| Total Expenses | $51K |
| Program Spending | 90% |
| Net Assets | $2K |
| Transparency Score | 75/100 |
Is James C And Rhonda S Seacrest Found Ation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
James C And Rhonda S Seacrest Found Ation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About James C And Rhonda S Seacrest Found Ation
James C And Rhonda S Seacrest Found Ation (EIN: 206646414) is a nonprofit organization based in Lincoln, NE, classified under NTEE code T22. The organization reported total revenue of $66K and total assets of $7K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of James C And Rhonda S Seacrest Found Ation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
James C And Rhonda S Seacrest Found Ation is a micro nonprofit that has been operating for 20 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -0.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $50K |
| Total Expenses | $51K |
| Surplus / Deficit | $-1,734 |
| Total Assets | $2K |
| Total Liabilities | $1 |
| Net Assets | $2K |
| Operating Margin | -3.5% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 0.5 months |
Financial Health Grade: C
In 2023, James C And Rhonda S Seacrest Found Ation reported a deficit of $2K with expenses exceeding revenue, holds 0.5 months of operating reserves (limited), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), James C And Rhonda S Seacrest Found Ation's revenue has declined at a compound annual growth rate (CAGR) of -0.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -15.7% | -8.5% | -44.7% |
| 2022 | +20.3% | -7.9% | +245.1% |
| 2021 | +4.1% | +64.8% | -91.5% |
| 2020 | +22.8% | -40.9% | +326.4% |
| 2019 | -43.2% | -21.5% | -74.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
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 James C And Rhonda S Seacrest Found Ation 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: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, James C And Rhonda S Seacrest Found Ation allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. 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 deficit of $2K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that the organization's leadership is either unpaid or compensated through other means not reported as officer compensation, which is common for small family foundations.
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 James C And Rhonda S Seacrest Found Ation's IRS 990 filings:
- Fluctuating asset base with a notable decline from $13,138 in 2020 to $2,141 in 2023, suggesting periods of spending exceeding revenue.
Strengths
The following positive indicators were identified for James C And Rhonda S Seacrest Found Ation:
- Consistent reporting of 0% officer compensation, indicating a volunteer-driven or highly efficient administrative structure.
- Extremely low liabilities, consistently reported as $1 or $0, demonstrating strong financial management regarding debt.
- Consistent filing of IRS 990 forms over a decade, indicating good transparency and compliance.
Frequently Asked Questions about James C And Rhonda S Seacrest Found Ation
Is James C And Rhonda S Seacrest Found Ation a legitimate charity?
James C And Rhonda S Seacrest Found Ation (EIN: 206646414) is a registered tax-exempt nonprofit based in Nebraska. Our AI analysis gives it a Mission Score of 75/100. It has 10 years of IRS 990 filings on record. Total revenue: $66K. 1 red flag identified. 3 strengths noted. Financial health grade: C.
How does James C And Rhonda S Seacrest Found Ation spend its money?
James C And Rhonda S Seacrest Found Ation directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to James C And Rhonda S Seacrest Found Ation tax-deductible?
James C And Rhonda S Seacrest Found Ation is registered as a tax-exempt nonprofit (EIN: 206646414). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does James C And Rhonda S Seacrest Found Ation compare to similar nonprofits?
With a transparency score of 75/100 (Good), James C And Rhonda S Seacrest Found Ation is above average for NTEE category T22 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is James C And Rhonda S Seacrest Found Ation located?
James C And Rhonda S Seacrest Found Ation is headquartered in Lincoln, Nebraska and files with the IRS under EIN 206646414. It is classified under NTEE code T22.
How many years of IRS 990 filings does James C And Rhonda S Seacrest Found Ation have?
James C And Rhonda S Seacrest Found Ation 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 $66K in total revenue.
Is the James C And Rhonda S Seacrest Foundation a good charity?
Based on the available IRS 990 data, the foundation demonstrates good financial stewardship by consistently reporting zero officer compensation and minimal liabilities. Its effectiveness as a 'charity' largely depends on the impact of its grantmaking, which is not detailed in these summary financials.
What is the trend in the foundation's assets?
The foundation's assets have fluctuated significantly, peaking at $24,302 in 2014 and dropping to $2,141 in 2023, indicating periods where expenses outpaced revenue, leading to a reduction in its financial reserves.
How does the foundation manage its debt?
The foundation consistently reports liabilities of $1 or $0 across all available filings, indicating extremely prudent financial management with virtually no outstanding debt.
Filing History
IRS 990 filing history for James C And Rhonda S Seacrest Found Ation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), James C And Rhonda S Seacrest Found Ation's revenue has declined by 3.3%, moving from $51K to $50K. Total assets decreased by 55.3% over the same period, from $5K to $2K. Total functional expenses fell by 11.8%, from $58K to $51K. In its most recent filing year (2023), James C And Rhonda S Seacrest Found Ation reported a deficit of $2K, with expenses exceeding revenue. The organization holds $1 in liabilities against $2K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $2K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $50K | $51K | $2K | $1 | — | — |
| 2022 | $59K | $56K | $4K | $1 | — | View 990 |
| 2021 | $49K | $61K | $1K | $1 | — | — |
| 2020 | $47K | $37K | $13K | $1 | — | View 990 |
| 2019 | $38K | $63K | $3K | $0 | — | View 990 |
| 2015 | $67K | $80K | $12K | $0 | — | View 990 |
| 2014 | $67K | $57K | $24K | $0 | — | View 990 |
| 2013 | $59K | $56K | $15K | $0 | — | View 990 |
| 2012 | $54K | $47K | $12K | $0 | — | View 990 |
| 2011 | $51K | $58K | $5K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $50K, expenses of $51K, and assets of $2K (revenue -15.7% year-over-year).
- 2022: Revenue of $59K, expenses of $56K, and assets of $4K (revenue +20.3% year-over-year).
- 2021: Revenue of $49K, expenses of $61K, and assets of $1K (revenue +4.1% year-over-year).
- 2020: Revenue of $47K, expenses of $37K, and assets of $13K (revenue +22.8% year-over-year).
- 2019: Revenue of $38K, expenses of $63K, and assets of $3K (revenue -43.2% year-over-year).
- 2015: Revenue of $67K, expenses of $80K, and assets of $12K (revenue +1.3% year-over-year).
- 2014: Revenue of $67K, expenses of $57K, and assets of $24K (revenue +13.0% year-over-year).
- 2013: Revenue of $59K, expenses of $56K, and assets of $15K (revenue +8.7% year-over-year).
- 2012: Revenue of $54K, expenses of $47K, and assets of $12K (revenue +5.4% year-over-year).
- 2011: Revenue of $51K, expenses of $58K, and assets of $5K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for James C And Rhonda S Seacrest Found Ation:
Data Sources and Methodology
This transparency report for James C And Rhonda S Seacrest Found Ation 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.