Northeastern Seminary

Northeastern Seminary shows consistent financial growth and zero reported officer compensation over multiple years.

EIN: 161554414 · Rochester, NY · NTEE: B50 · Updated: 2026-03-28

$1.8MRevenue

$0Assets

85/100Mission Score (Excellent)

B50

About Northeastern Seminary

Northeastern Seminary (EIN: 161554414) is a nonprofit organization based in Rochester, NY, classified under NTEE code B50. The organization reported total revenue of $1.8M and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Northeastern Seminary's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Northeastern Seminary demonstrates a generally stable financial position with consistent revenue streams and positive net assets. In the latest 202306 filing, the organization reported revenues of $3,063,769 against expenses of $2,733,427, indicating a surplus for the period. This trend of revenue exceeding expenses has been observed in most recent years, contributing to a healthy growth in assets, which reached $9,289,773 in 202306 from $8,075,453 in 202206. The organization's liabilities have also seen an increase, reaching $2,107,504 in 202306, which warrants monitoring but remains manageable relative to its growing asset base.

The organization's transparency is commendable, particularly with its consistent reporting of 0% officer compensation across all available filings. This suggests that executive leadership is either unpaid or compensated through other means not categorized as officer compensation, which is a strong indicator of mission-driven focus. While specific program spending ratios are not detailed in the provided summary, the overall financial health appears robust, allowing for sustained operations and mission delivery. The consistent filing of IRS Form 990s over 13 periods further reinforces its commitment to public accountability.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Northeastern Seminary with a Mission Score of 85 out of 100 (Excellent). 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, Northeastern Seminary 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.

Executive Compensation Analysis

Northeastern Seminary consistently reports 0% officer compensation across all 13 available IRS 990 filings, indicating that its leadership is either unpaid or compensated through non-officer categories, which is highly unusual for an organization of its size with revenues exceeding $3 million.

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 Northeastern Seminary's IRS 990 filings:

0% Officer Compensation reported across all filings, which is highly unusual for an organization of this size and could indicate compensation is reported elsewhere or through related entities, requiring deeper scrutiny of the full 990.

Strengths

The following positive indicators were identified for Northeastern Seminary:

Consistent revenue growth, with revenue increasing from $2,030,516 in 202106 to $3,063,769 in 202306.
Positive net income in most recent years, contributing to asset growth (e.g., $330,342 surplus in 202306).
Growing asset base, reaching $9,289,773 in 202306, indicating financial stability.
Long history of IRS 990 filings (13 filings), demonstrating commitment to transparency and compliance.

Frequently Asked Questions about Northeastern Seminary

Is Northeastern Seminary a good charity?

Based on the provided data, Northeastern Seminary appears to be a financially stable organization with consistent revenue growth and a strong commitment to transparency, evidenced by its 0% reported officer compensation. Its consistent surplus in recent years and growing asset base suggest good financial management.

How does Northeastern Seminary manage its executive compensation?

The IRS 990 filings consistently report 0% officer compensation, which is highly unusual. This could mean that executive leaders are volunteers, compensated through a related organization, or their compensation is categorized differently within the filing, warranting further investigation into the full 990 forms.

What is the trend in Northeastern Seminary's financial health?

Northeastern Seminary has shown a positive financial trend, with revenues generally exceeding expenses in recent years (e.g., $3,063,769 revenue vs. $2,733,427 expenses in 202306). Its assets have also steadily increased, reaching $9,289,773 in 202306, indicating growing financial strength.

Filing History

IRS 990 filing history for Northeastern Seminary showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Northeastern Seminary's revenue has grown by 85.6%, moving from $1.7M to $3.1M. Total assets increased by 78% over the same period, from $5.2M to $9.3M. Total functional expenses rose by 57.2%, from $1.7M to $2.7M. In its most recent filing year (2023), Northeastern Seminary reported a surplus of $330K, with revenue exceeding expenses. The organization holds $2.1M in liabilities against $9.3M in assets (debt-to-asset ratio: 22.7%), resulting in net assets of $7.2M.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$3.1M	$2.7M	$9.3M	$2.1M	—	View 990
2022	$2.4M	$2.4M	$8.1M	$1.3M	—	View 990
2021	$2.0M	$2.1M	$8.4M	$1.2M	—	View 990
2020	$1.9M	$1.9M	$7.1M	$863K	—	View 990
2019	$2.2M	$2.1M	$7.1M	$938K	—	View 990
2018	$2.6M	$2.0M	$7.0M	$1.2M	—	View 990
2017	$1.2M	$1.8M	$7.1M	$2.0M	—	View 990
2016	$1.5M	$1.7M	$7.2M	$1.9M	—	View 990
2015	$2.2M	$1.8M	$7.6M	$2.0M	—	View 990
2014	$2.2M	$1.8M	$6.8M	$1.6M	—	View 990
2013	$2.0M	$1.8M	$6.2M	$1.7M	—	View 990
2012	$2.0M	$1.8M	$5.7M	$1.6M	—	View 990
2011	$1.7M	$1.7M	$5.2M	$1.2M	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $3.1M, expenses of $2.7M, and assets of $9.3M (revenue +26.2% year-over-year).
2022: Revenue of $2.4M, expenses of $2.4M, and assets of $8.1M (revenue +19.6% year-over-year).
2021: Revenue of $2.0M, expenses of $2.1M, and assets of $8.4M (revenue +5.6% year-over-year).
2020: Revenue of $1.9M, expenses of $1.9M, and assets of $7.1M (revenue -10.7% year-over-year).
2019: Revenue of $2.2M, expenses of $2.1M, and assets of $7.1M (revenue -16.5% year-over-year).
2018: Revenue of $2.6M, expenses of $2.0M, and assets of $7.0M (revenue +108.9% year-over-year).
2017: Revenue of $1.2M, expenses of $1.8M, and assets of $7.1M (revenue -18.3% year-over-year).
2016: Revenue of $1.5M, expenses of $1.7M, and assets of $7.2M (revenue -31.0% year-over-year).
2015: Revenue of $2.2M, expenses of $1.8M, and assets of $7.6M (revenue +1.9% year-over-year).
2014: Revenue of $2.2M, expenses of $1.8M, and assets of $6.8M (revenue +9.6% year-over-year).
2013: Revenue of $2.0M, expenses of $1.8M, and assets of $6.2M (revenue +0.5% year-over-year).
2012: Revenue of $2.0M, expenses of $1.8M, and assets of $5.7M (revenue +18.4% year-over-year).
2011: Revenue of $1.7M, expenses of $1.7M, and assets of $5.2M.

Data Sources and Methodology

This transparency report for Northeastern Seminary 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.