Scseed
EIN: 841607880 · Saguache, CO · NTEE: S20
| Metric | Value |
|---|---|
| Total Revenue | $177K |
| Total Expenses | $53K |
| Net Assets | $22K |
Is Scseed Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Scseed
Scseed (EIN: 841607880) is a nonprofit organization based in Saguache, CO, classified under NTEE code S20. The organization reported total revenue of $177K and total assets of $89K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Scseed's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Scseed is a small nonprofit that has been operating for 24 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -1.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $48K |
| Total Expenses | $53K |
| Surplus / Deficit | $-4,944 |
| Total Assets | $23K |
| Total Liabilities | $300 |
| Net Assets | $22K |
| Operating Margin | -10.2% |
| Debt-to-Asset Ratio | 1.3% |
| Months of Reserves | 5.1 months |
Financial Health Grade: B
In 2023, Scseed reported a deficit of $5K with expenses exceeding revenue, holds 5.1 months of operating reserves (adequate), has a debt-to-asset ratio of 1.3% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Scseed's revenue has declined at a compound annual growth rate (CAGR) of -1.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -44.5% | -37.3% | -17.0% |
| 2022 | +1521.9% | +1107.8% | +806.7% |
| 2018 | -81.6% | -81.4% | -65.0% |
| 2017 | +24.6% | +163.7% | -43.1% |
| 2016 | -27.5% | -68.4% | -48.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2002 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Scseed 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 Scseed 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 $5K, with expenses exceeding revenue.
- Debt-to-asset ratio: 1.3%.
Frequently Asked Questions about Scseed
Is Scseed a legitimate charity?
Scseed (EIN: 841607880) is a registered tax-exempt nonprofit based in Colorado. It has 10 years of IRS 990 filings on record. Total revenue: $177K. No red flags identified. Financial health grade: B.
How does Scseed spend its money?
Scseed reported $177K in total revenue in IRS 990 filings. 10 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Scseed tax-deductible?
Scseed is registered as a tax-exempt nonprofit (EIN: 841607880). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Scseed located?
Scseed is headquartered in Saguache, Colorado and files with the IRS under EIN 841607880. It is classified under NTEE code S20.
How many years of IRS 990 filings does Scseed have?
Scseed 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 $177K in total revenue.
Filing History
IRS 990 filing history for Scseed showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Scseed's revenue has declined by 18.2%, moving from $59K to $48K. Total assets decreased by 16.5% over the same period, from $27K to $23K. Total functional expenses rose by 29.2%, from $41K to $53K. In its most recent filing year (2023), Scseed reported a deficit of $5K, with expenses exceeding revenue. The organization holds $300 in liabilities against $23K in assets (debt-to-asset ratio: 1.3%), resulting in net assets of $22K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $48K | $53K | $23K | $300 | — | — |
| 2022 | $87K | $85K | $27K | $0 | — | View 990 |
| 2018 | $5K | $7K | $3K | $0 | — | View 990 |
| 2017 | $29K | $38K | $9K | $0 | — | View 990 |
| 2016 | $24K | $14K | $15K | $0 | — | View 990 |
| 2015 | $32K | $46K | $30K | $23K | — | View 990 |
| 2014 | $31K | $32K | $30K | $0 | — | View 990 |
| 2013 | $21K | $20K | $24K | $0 | — | View 990 |
| 2012 | $71K | $84K | $15K | $0 | — | View 990 |
| 2011 | $59K | $41K | $27K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $48K, expenses of $53K, and assets of $23K (revenue -44.5% year-over-year).
- 2022: Revenue of $87K, expenses of $85K, and assets of $27K (revenue +1521.9% year-over-year).
- 2018: Revenue of $5K, expenses of $7K, and assets of $3K (revenue -81.6% year-over-year).
- 2017: Revenue of $29K, expenses of $38K, and assets of $9K (revenue +24.6% year-over-year).
- 2016: Revenue of $24K, expenses of $14K, and assets of $15K (revenue -27.5% year-over-year).
- 2015: Revenue of $32K, expenses of $46K, and assets of $30K (revenue +4.8% year-over-year).
- 2014: Revenue of $31K, expenses of $32K, and assets of $30K (revenue +49.6% year-over-year).
- 2013: Revenue of $21K, expenses of $20K, and assets of $24K (revenue -71.1% year-over-year).
- 2012: Revenue of $71K, expenses of $84K, and assets of $15K (revenue +20.9% year-over-year).
- 2011: Revenue of $59K, expenses of $41K, and assets of $27K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Scseed:
Data Sources and Methodology
This transparency report for Scseed 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.