San Diego County Tobacco Securitization Corporation
EIN: 330927692 · San Diego, CA · NTEE: W22
Is San Diego County Tobacco Securitization Corporation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About San Diego County Tobacco Securitization Corporation
San Diego County Tobacco Securitization Corporation (EIN: 330927692) is a nonprofit organization based in San Diego, CA, classified under NTEE code W22. The organization reported total revenue of $30.5M and total assets of $14.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of San Diego County Tobacco Securitization Corporation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
San Diego County Tobacco Securitization Corporation is a large nonprofit that has been operating for 6 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 1.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $33.4M |
| Total Expenses | $34.8M |
| Surplus / Deficit | $-1,381,416 |
| Total Assets | $16.1M |
| Total Liabilities | $103.4M |
| Net Assets | $-87,277,136 |
| Operating Margin | -4.1% |
| Debt-to-Asset Ratio | 643.0% |
| Months of Reserves | 5.5 months |
Financial Health Grade: C
In 2023, San Diego County Tobacco Securitization Corporation reported a deficit of $1.4M with expenses exceeding revenue, holds 5.5 months of operating reserves (adequate), has a debt-to-asset ratio of 643.0% (high leverage).
Financial Trends
Over 12 years of filings (2012–2023), San Diego County Tobacco Securitization Corporation's revenue has grown at a compound annual growth rate (CAGR) of 1.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -5.9% | -8.9% | -8.6% |
| 2022 | +3.4% | +3.2% | +3.4% |
| 2021 | +3.7% | +36.7% | +12.9% |
| 2020 | +1.5% | -29.2% | -4.6% |
| 2019 | -2.1% | -0.9% | -2.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2020 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for San Diego County Tobacco Securitization Corporation 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 San Diego County Tobacco Securitization Corporation 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 $1.4M, with expenses exceeding revenue.
- Debt-to-asset ratio: 643.0%.
Frequently Asked Questions about San Diego County Tobacco Securitization Corporation
Is San Diego County Tobacco Securitization Corporation a legitimate charity?
Based on AI analysis of IRS 990 filings, San Diego County Tobacco Securitization Corporation (EIN: 330927692) insufficient data. 0 red flags identified, 0 strengths noted.
How does San Diego County Tobacco Securitization Corporation spend its money?
Detailed spending breakdown data is not yet available for San Diego County Tobacco Securitization Corporation. Check back for updated IRS 990 analysis.
Are donations to San Diego County Tobacco Securitization Corporation tax-deductible?
San Diego County Tobacco Securitization Corporation is registered as a tax-exempt nonprofit (EIN: 330927692). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for San Diego County Tobacco Securitization Corporation showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), San Diego County Tobacco Securitization Corporation's revenue has grown by 14.1%, moving from $29.3M to $33.4M. Total assets decreased by 1.5% over the same period, from $16.3M to $16.1M. Total functional expenses fell by 11%, from $39.1M to $34.8M. In its most recent filing year (2023), San Diego County Tobacco Securitization Corporation reported a deficit of $1.4M, with expenses exceeding revenue. The organization holds $103.4M in liabilities against $16.1M in assets (debt-to-asset ratio: 643.0%), resulting in net assets of $-87,277,136.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $33.4M | $34.8M | $16.1M | $103.4M | — | View 990 |
| 2022 | $35.5M | $38.2M | $17.6M | $103.5M | — | View 990 |
| 2021 | $34.4M | $37.1M | $17.0M | $100.2M | — | View 990 |
| 2020 | $33.1M | $27.1M | $15.1M | $95.6M | — | View 990 |
| 2019 | $32.7M | $38.3M | $15.8M | $102.3M | — | View 990 |
| 2018 | $33.4M | $38.6M | $16.2M | $97.1M | — | — |
| 2017 | $27.8M | $33.8M | $13.6M | $89.2M | — | — |
| 2016 | $26.7M | $32.9M | $13.2M | $82.8M | — | — |
| 2015 | $27.0M | $42.3M | $13.4M | $76.8M | — | View 990 |
| 2014 | $29.0M | $38.3M | $16.7M | $64.8M | — | View 990 |
| 2013 | $43.2M | $45.6M | $16.5M | $55.4M | — | View 990 |
| 2012 | $29.3M | $39.1M | $16.3M | $52.8M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $33.4M, expenses of $34.8M, and assets of $16.1M (revenue -5.9% year-over-year).
- 2022: Revenue of $35.5M, expenses of $38.2M, and assets of $17.6M (revenue +3.4% year-over-year).
- 2021: Revenue of $34.4M, expenses of $37.1M, and assets of $17.0M (revenue +3.7% year-over-year).
- 2020: Revenue of $33.1M, expenses of $27.1M, and assets of $15.1M (revenue +1.5% year-over-year).
- 2019: Revenue of $32.7M, expenses of $38.3M, and assets of $15.8M (revenue -2.1% year-over-year).
- 2018: Revenue of $33.4M, expenses of $38.6M, and assets of $16.2M (revenue +20.1% year-over-year).
- 2017: Revenue of $27.8M, expenses of $33.8M, and assets of $13.6M (revenue +4.1% year-over-year).
- 2016: Revenue of $26.7M, expenses of $32.9M, and assets of $13.2M (revenue -1.1% year-over-year).
- 2015: Revenue of $27.0M, expenses of $42.3M, and assets of $13.4M (revenue -7.0% year-over-year).
- 2014: Revenue of $29.0M, expenses of $38.3M, and assets of $16.7M (revenue -32.8% year-over-year).
- 2013: Revenue of $43.2M, expenses of $45.6M, and assets of $16.5M (revenue +47.6% year-over-year).
- 2012: Revenue of $29.3M, expenses of $39.1M, and assets of $16.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for San Diego County Tobacco Securitization Corporation:
Data Sources and Methodology
This transparency report for San Diego County Tobacco Securitization Corporation 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.