Sea Side Home Inc
Sea Side Home Inc: Consistent Revenue, High Administrative Costs
EIN: 221826368 · Cape May, NJ · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $241K |
| Total Expenses | $168K |
| CEO/Top Officer Pay | $0 |
| Net Assets | $709K |
| Transparency Score | 65/100 |
Search Intent Cockpit
Sea Side Home Inc Form 990, Revenue, CEO Pay, and IRS Filing Signals
Sea Side Home Inc is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around Sea Side Home Inc in one place.
Form 990 Filing Summary
13 filing years are available, with latest revenue of $131K and expenses of $168K.
Revenue and Expenses
Sea Side Home Inc reported $131K in revenue and $168K in expenses, a deficit of $37K.
Executive Compensation
Top officer compensation appears as $0 in the stored analysis, with context against revenue and expenses below.
Charity Score and Red Flags
65/100 mission score, 3 red flags, and 2 strengths are shown from structured and AI review.
Is Sea Side Home Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
IRS 990 Data Cockpit
Where the Money Comes From and Where It Goes
Revenue Source Mix
Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.
Expense Deployment
Functional expense detail is not available on the stored filing yet. Existing program percentage and future extracted expense fields will populate this panel.
Across stored filings, Sea Side Home Inc shows contribution history pending. Next enrichment targets: revenue-source fields, functional expense detail, IRS BMF classification.
Decision Cockpit
One-Stop Donor, Research, and Peer Context Hub
| Decision Lens | Signal | What to Inspect Next |
|---|---|---|
| Legitimacy | Some Concerns | Good filing record; 3 red flags identified |
| Mission spend | Pending | Unknown |
| Financial durability | Grade B | 13 stored filing years |
| Peer context | Compare with Dance For The Cure Inc | New Jersey and category context |
Trust Check
Review legitimacy, deductibility, red flags, and filing consistency.
Open charity check →Peer Benchmark
Compare against real state and category peers.
Compare with Dance For The Cure Inc →All New Jersey nonprofits
Local and Sector Spokes
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Cape May, NJ nonprofitsFollow the Money
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Keep the Investigation Moving
About Sea Side Home Inc
Sea Side Home Inc (EIN: 221826368) is a nonprofit organization based in Cape May, NJ. The organization reported total revenue of $241K and total assets of $716K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Sea Side Home Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Sea Side Home Inc is a small nonprofit that has been operating for 58 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -2.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $131K |
| Total Expenses | $168K |
| Surplus / Deficit | $-37,381 |
| Total Assets | $709K |
| Net Assets | $709K |
| Operating Margin | -28.6% |
| Months of Reserves | 50.6 months |
Financial Health Grade: B
In 2023, Sea Side Home Inc reported a deficit of $37K with expenses exceeding revenue, holds 50.6 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Sea Side Home Inc's revenue has declined at a compound annual growth rate (CAGR) of -2.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -8.1% | +1.8% | +4.0% |
| 2022 | +126.2% | +195.0% | -16.7% |
| 2021 | -45.3% | -9.2% | +4.6% |
| 2020 | -5.8% | -58.0% | +16.8% |
| 2019 | -7.5% | +0.2% | +6.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1700 |
| IRS Ruling Date | 1968 |
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 Sea Side Home Inc with a Mission Score of 65 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: 100%
- programs: 0%
- fundraising: 0%
According to IRS 990 filings, Sea Side Home Inc allocates its expenses as follows: admin: 100%, programs: 0%, fundraising: 0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $37K, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation is reported as $0 across all available filings, which is unusual for an organization with consistent expenses.
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 Sea Side Home Inc's IRS 990 filings:
- Zero reported program service expenses, suggesting no direct charitable activities or miscategorization of expenses.
- Total expenses consistently exceed total revenue, leading to a decrease in net assets over time (e.g., 2023 expenses $168,090 vs. revenue $130,709).
- The organization reports 0% compensation for all officers, directors, trustees, and key employees, which warrants further investigation given the operational expenses.
Strengths
The following positive indicators were identified for Sea Side Home Inc:
- Consistent revenue stream over multiple years, indicating a stable donor base or funding source.
- Maintains a significant asset base (e.g., $709,404 in 2023) despite operational deficits.
Frequently Asked Questions about Sea Side Home Inc
Is Sea Side Home Inc a legitimate charity?
Sea Side Home Inc (EIN: 221826368) is a registered tax-exempt nonprofit based in New Jersey. Our AI analysis gives it a Mission Score of 65/100. It has 13 years of IRS 990 filings on record. Total revenue: $241K. 3 red flags identified. 2 strengths noted. Financial health grade: B.
How does Sea Side Home Inc spend its money?
Sea Side Home Inc reported $241K in total revenue in IRS 990 filings. 13 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Sea Side Home Inc tax-deductible?
Sea Side Home Inc is registered as a tax-exempt nonprofit (EIN: 221826368). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Sea Side Home Inc CEO make?
Sea Side Home Inc's highest-compensated officer earns $0 annually. The organization reported $241K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
Where is Sea Side Home Inc located?
Sea Side Home Inc is headquartered in Cape May, New Jersey and files with the IRS under EIN 221826368.
How many years of IRS 990 filings does Sea Side Home Inc have?
Sea Side Home Inc has 13 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 $241K in total revenue.
What does Sea Side Home Inc do?
Sea Side Home Inc is a nonprofit organization in the Unknown sector, located in Cape May, New Jersey. It is classified under NTEE code Unknown.
How much revenue does Sea Side Home Inc have?
Sea Side Home Inc reported total revenue of $241,363. Based on 13 IRS 990 filings on record.
What are Sea Side Home Inc's total assets?
Sea Side Home Inc holds total assets of $716,406 as reported in IRS 990 filings.
Where is Sea Side Home Inc located?
Sea Side Home Inc is based in Cape May, New Jersey.
What is Sea Side Home Inc's EIN?
Sea Side Home Inc's Employer Identification Number (EIN) is 221826368. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Sea Side Home Inc?
Sea Side Home Inc is classified under NTEE code Unknown (Unknown).
Is Sea Side Home Inc a registered 501(c)(3)?
Sea Side Home Inc appears in IRS records (EIN: 221826368). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Sea Side Home Inc file IRS Form 990?
Yes, Sea Side Home Inc has 13 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Sea Side Home Inc's revenue in 2023?
In the 202312 filing period, Sea Side Home Inc reported total revenue of $130,709, total expenses of $168,090, and net assets of $709,404.
Is Sea Side Home Inc's revenue growing or declining?
Sea Side Home Inc's revenue is declining. Revenue went from $142,255 (202212) to $130,709 (202312), a -8.1% change. Based on 13 filings on record.
What is Sea Side Home Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Sea Side Home Inc covers tax period 202312. It shows revenue of $130,709, expenses of $168,090, total assets of $709,404, and liabilities of N/A.
Is Sea Side Home Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Sea Side Home Inc shows mixed signals. Mission Score: 65/100 (Good). 3 red flags identified. 2 strengths noted.
What are the red flags for Sea Side Home Inc?
The following concerns were identified: Zero reported program service expenses, suggesting no direct charitable activities or miscategorization of expenses.. Total expenses consistently exceed total revenue, leading to a decrease in net assets over time (e.g., 2023 expenses $168,090 vs. revenue $130,709).. The organization reports 0% compensation for all officers, directors, trustees, and key employees, which warrants further investigation given the operational expenses.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Sea Side Home Inc's strengths?
Positive indicators for Sea Side Home Inc include: Consistent revenue stream over multiple years, indicating a stable donor base or funding source.. Maintains a significant asset base (e.g., $709,404 in 2023) despite operational deficits.. These findings are derived from AI analysis of the organization's financial filings.
How does Sea Side Home Inc compensate executives?
Executive compensation is reported as $0 across all available filings, which is unusual for an organization with consistent expenses. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the consistent reporting of $0 program service expenses, what are the actual activities and impact of Sea Side Home Inc?
Without program service expenses, it's unclear how the organization fulfills its mission. Further investigation into their activities beyond financial filings is needed to understand their charitable impact.
How does Sea Side Home Inc sustain operations with expenses consistently exceeding revenue and no reported executive compensation?
The organization appears to be drawing down its assets to cover operational deficits. The lack of executive compensation suggests either volunteer leadership or expenses are being covered by other means not explicitly detailed in the filings.
Filing History
IRS 990 filing history for Sea Side Home Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Sea Side Home Inc's revenue has declined by 22.2%, moving from $168K to $131K. Total assets decreased by 14.4% over the same period, from $828K to $709K. Total functional expenses rose by 7.3%, from $157K to $168K. In its most recent filing year (2023), Sea Side Home Inc reported a deficit of $37K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $131K | $168K | $709K | $0 | — | — |
| 2022 | $142K | $165K | $682K | $0 | — | View 990 |
| 2021 | $63K | $56K | $819K | $0 | — | View 990 |
| 2020 | $115K | $62K | $783K | $0 | — | — |
| 2019 | $122K | $147K | $670K | $0 | — | View 990 |
| 2018 | $132K | $146K | $631K | $0 | — | View 990 |
| 2017 | $125K | $152K | $717K | $25 | — | View 990 |
| 2016 | $120K | $174K | $711K | $0 | — | View 990 |
| 2015 | $126K | $156K | $730K | $36 | — | View 990 |
| 2014 | $143K | $164K | $821K | $274 | — | View 990 |
| 2013 | $139K | $158K | $885K | $73 | — | View 990 |
| 2012 | $147K | $149K | $857K | $56 | — | View 990 |
| 2011 | $168K | $157K | $828K | $263 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $131K, expenses of $168K, and assets of $709K (revenue -8.1% year-over-year).
- 2022: Revenue of $142K, expenses of $165K, and assets of $682K (revenue +126.2% year-over-year).
- 2021: Revenue of $63K, expenses of $56K, and assets of $819K (revenue -45.3% year-over-year).
- 2020: Revenue of $115K, expenses of $62K, and assets of $783K (revenue -5.8% year-over-year).
- 2019: Revenue of $122K, expenses of $147K, and assets of $670K (revenue -7.5% year-over-year).
- 2018: Revenue of $132K, expenses of $146K, and assets of $631K (revenue +5.9% year-over-year).
- 2017: Revenue of $125K, expenses of $152K, and assets of $717K (revenue +3.5% year-over-year).
- 2016: Revenue of $120K, expenses of $174K, and assets of $711K (revenue -4.5% year-over-year).
- 2015: Revenue of $126K, expenses of $156K, and assets of $730K (revenue -11.9% year-over-year).
- 2014: Revenue of $143K, expenses of $164K, and assets of $821K (revenue +2.6% year-over-year).
- 2013: Revenue of $139K, expenses of $158K, and assets of $885K (revenue -5.4% year-over-year).
- 2012: Revenue of $147K, expenses of $149K, and assets of $857K (revenue -12.2% year-over-year).
- 2011: Revenue of $168K, expenses of $157K, and assets of $828K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Sea Side Home Inc:
Data Sources and Methodology
This transparency report for Sea Side Home Inc 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.