Sanborn Seminary
Sanborn Seminary shows significant recent revenue growth and stable assets, with no reported officer compensation.
EIN: 20222233 · Kingston, NH · NTEE: B58Z · Updated: 2026-03-28
Is Sanborn Seminary Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Sanborn Seminary directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Sanborn Seminary
Sanborn Seminary (EIN: 20222233) is a nonprofit organization based in Kingston, NH, classified under NTEE code B58Z. The organization reported total revenue of $390K and total assets of $909K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Sanborn Seminary's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Sanborn 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, Sanborn 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
Sanborn Seminary consistently reports 0% officer compensation across all available filings, indicating that its leadership is either entirely volunteer-based or compensated through non-officer roles, which is highly efficient for an organization of its size.
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 Sanborn Seminary's IRS 990 filings:
- Significant year-over-year revenue volatility, particularly the jump to $390,441 in the latest period without clear explanation in provided data.
- Negative revenue reported in 2016, indicating potential financial challenges or unusual accounting events.
Strengths
The following positive indicators were identified for Sanborn Seminary:
- Consistent reporting of 0% officer compensation, indicating high efficiency in executive overhead.
- Stable asset base, consistently above $900,000, providing a strong foundation for operations.
- Positive net assets in most years, demonstrating financial sustainability over the long term.
Frequently Asked Questions about Sanborn Seminary
Is Sanborn Seminary a legitimate charity?
Based on AI analysis of IRS 990 filings, Sanborn Seminary (EIN: 20222233) some concerns. Mission Score: 85/100. 2 red flags identified, 3 strengths noted.
How does Sanborn Seminary spend its money?
Sanborn Seminary directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Sanborn Seminary tax-deductible?
Sanborn Seminary is registered as a tax-exempt nonprofit (EIN: 20222233). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What is the source of the significant revenue increase to $390,441 in the latest period, compared to previous years' average of around $60,000?
The latest revenue figure of $390,441 is a substantial outlier compared to the historical trend, suggesting a potential one-time grant, large donation, or a change in reporting. Further details from the full 990 filing would be needed to identify the specific source.
What caused the negative revenue of $-13,047 in 2016?
Negative revenue typically indicates a return of funds, a significant loss on investments, or an accounting adjustment. The specific reason would require reviewing the detailed financial statements for that period.
What are the liabilities of $2,497 reported in 2023 and $2,500 in 2021 and 2022, given previous years had $0 liabilities?
The re-emergence of liabilities after several years of none suggests new financial obligations, such as accounts payable, short-term loans, or deferred revenue. Understanding the nature of these liabilities is important for assessing financial risk.
Filing History
IRS 990 filing history for Sanborn Seminary showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Sanborn Seminary's revenue has declined by 11.3%, moving from $70K to $62K. Total assets increased by 84.3% over the same period, from $763K to $1.4M. Total functional expenses rose by 199.6%, from $12K to $37K. In its most recent filing year (2023), Sanborn Seminary reported a surplus of $25K, with revenue exceeding expenses. The organization holds $2K in liabilities against $1.4M in assets (debt-to-asset ratio: 0.2%), resulting in net assets of $1.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $62K | $37K | $1.4M | $2K | — | — |
| 2022 | $76K | $48K | $1.3M | $3K | — | View 990 |
| 2021 | $64K | $34K | $1.4M | $3K | — | — |
| 2020 | $2K | $52K | $1.0M | $0 | — | View 990 |
| 2019 | $30K | $18K | $1.1M | $0 | — | View 990 |
| 2018 | $43K | $12K | $1.1M | $0 | — | — |
| 2017 | $71K | $20K | $1.0M | $0 | — | View 990 |
| 2016 | $-13,047 | $25K | $944K | $0 | — | View 990 |
| 2015 | $84K | $48K | $974K | $0 | — | View 990 |
| 2014 | $65K | $22K | $1.0M | $0 | — | View 990 |
| 2013 | $41K | $0 | $884K | $0 | — | View 990 |
| 2012 | $70K | $12K | $763K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $62K, expenses of $37K, and assets of $1.4M (revenue -17.4% year-over-year).
- 2022: Revenue of $76K, expenses of $48K, and assets of $1.3M (revenue +18.0% year-over-year).
- 2021: Revenue of $64K, expenses of $34K, and assets of $1.4M (revenue +2786.4% year-over-year).
- 2020: Revenue of $2K, expenses of $52K, and assets of $1.0M (revenue -92.6% year-over-year).
- 2019: Revenue of $30K, expenses of $18K, and assets of $1.1M (revenue -29.7% year-over-year).
- 2018: Revenue of $43K, expenses of $12K, and assets of $1.1M (revenue -40.4% year-over-year).
- 2017: Revenue of $71K, expenses of $20K, and assets of $1.0M.
- 2016: Revenue of $-13,047, expenses of $25K, and assets of $944K (revenue -115.5% year-over-year).
- 2015: Revenue of $84K, expenses of $48K, and assets of $974K (revenue +30.0% year-over-year).
- 2014: Revenue of $65K, expenses of $22K, and assets of $1.0M (revenue +57.8% year-over-year).
- 2013: Revenue of $41K, expenses of $0, and assets of $884K (revenue -41.5% year-over-year).
- 2012: Revenue of $70K, expenses of $12K, and assets of $763K.
Data Sources and Methodology
This transparency report for Sanborn 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.