Seabird Enterprises Inc
Seabird Enterprises Inc: Consistent Revenue, High Program Spending
EIN: 222533753 · Groton, CT · NTEE: P820 · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $7.1M |
| Total Expenses | $6.5M |
| Program Spending | 85% |
| Net Assets | $2.4M |
| Transparency Score | 75/100 |
Is Seabird Enterprises Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Seabird Enterprises Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Seabird Enterprises Inc
Seabird Enterprises Inc (EIN: 222533753) is a nonprofit organization based in Groton, CT, classified under NTEE code P820. The organization reported total revenue of $7.1M and total assets of $3.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Seabird Enterprises Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Seabird Enterprises Inc is a mid-size nonprofit that has been operating for 38 years, with 12 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 1.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $6.5M |
| Total Expenses | $6.5M |
| Surplus / Deficit | +$4K |
| Total Assets | $3.9M |
| Total Liabilities | $1.5M |
| Net Assets | $2.4M |
| Operating Margin | 0.1% |
| Debt-to-Asset Ratio | 38.3% |
| Months of Reserves | 7.2 months |
Financial Health Grade: A
In 2023, Seabird Enterprises Inc reported a surplus of $4K with revenue exceeding expenses, holds 7.2 months of operating reserves (strong position), has a debt-to-asset ratio of 38.3% (moderate leverage).
Financial Trends
Over 12 years of filings (2011–2023), Seabird Enterprises Inc's revenue has grown at a compound annual growth rate (CAGR) of 1.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +6.6% | +8.7% | +5.7% |
| 2022 | +14.6% | +15.9% | +3.0% |
| 2021 | -3.8% | -5.9% | +5.1% |
| 2020 | +3.8% | +4.5% | -0.3% |
| 2019 | +1.2% | -0.7% | +14.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1988 |
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 Seabird Enterprises Inc with a Mission Score of 75 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Seabird Enterprises Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $4K, with revenue exceeding expenses.
- Debt-to-asset ratio: 38.3%.
Executive Compensation Analysis
Executive compensation is not explicitly detailed in the provided data, preventing a specific assessment of individual salaries.
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.
Strengths
The following positive indicators were identified for Seabird Enterprises Inc:
- Consistently high program spending, indicating a strong focus on mission delivery.
- Stable revenue generation over the past several years, demonstrating financial resilience.
- Healthy asset base of $3,604,134 in 2023, providing financial stability.
Frequently Asked Questions about Seabird Enterprises Inc
Is Seabird Enterprises Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Seabird Enterprises Inc (EIN: 222533753) appears legitimate. Mission Score: 75/100. 0 red flags identified, 3 strengths noted.
How does Seabird Enterprises Inc spend its money?
Seabird Enterprises Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Seabird Enterprises Inc tax-deductible?
Seabird Enterprises Inc is registered as a tax-exempt nonprofit (EIN: 222533753). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Seabird Enterprises Inc's spending goes to programs?
Seabird Enterprises Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Seabird Enterprises Inc compare to similar nonprofits?
With a transparency score of 75/100 (Good), Seabird Enterprises Inc is above average for NTEE category P820 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Seabird Enterprises Inc located?
Seabird Enterprises Inc is headquartered in Groton, Connecticut and files with the IRS under EIN 222533753. It is classified under NTEE code P820.
How many years of IRS 990 filings does Seabird Enterprises Inc have?
Seabird Enterprises Inc has 12 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 $7.1M in total revenue.
What does Seabird Enterprises Inc do?
Seabird Enterprises Inc is a nonprofit organization in the Human Services sector, located in Groton, Connecticut. It is classified under NTEE code P820.
How much revenue does Seabird Enterprises Inc have?
Seabird Enterprises Inc reported total revenue of $7,106,200. Based on 12 IRS 990 filings on record.
What are Seabird Enterprises Inc's total assets?
Seabird Enterprises Inc holds total assets of $3,604,134 as reported in IRS 990 filings.
Where is Seabird Enterprises Inc located?
Seabird Enterprises Inc is based in Groton, Connecticut.
What is Seabird Enterprises Inc's EIN?
Seabird Enterprises Inc's Employer Identification Number (EIN) is 222533753. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Seabird Enterprises Inc?
Seabird Enterprises Inc is classified under NTEE code P820 (Human Services).
Is Seabird Enterprises Inc a registered 501(c)(3)?
Yes, Seabird Enterprises Inc is recognized as a tax-exempt organization by the IRS. EIN: 222533753.
Does Seabird Enterprises Inc file IRS Form 990?
Yes, Seabird Enterprises Inc has 12 IRS Form 990 filings on record. The most recent covers tax period 202306.
What was Seabird Enterprises Inc's revenue in 2023?
In the 202306 filing period, Seabird Enterprises Inc reported total revenue of $6,498,149, total expenses of $6,494,575, and net assets of $3,908,092.
Is Seabird Enterprises Inc's revenue growing or declining?
Seabird Enterprises Inc's revenue is growing. Revenue went from $6,094,972 (202206) to $6,498,149 (202306), a +6.6% change. Based on 12 filings on record.
What is Seabird Enterprises Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Seabird Enterprises Inc covers tax period 202306. It shows revenue of $6,498,149, expenses of $6,494,575, total assets of $3,908,092, and liabilities of $1,498,046.
How much does Seabird Enterprises Inc spend on programs vs administration?
Based on IRS 990 analysis, Seabird Enterprises Inc allocates approximately 85% of expenses to program services, 10% to administrative costs, and 5% to fundraising. This indicates strong program focus.
Is Seabird Enterprises Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Seabird Enterprises Inc appears trustworthy. Mission Score: 75/100 (Good). No red flags identified. 3 strengths noted.
What are Seabird Enterprises Inc's strengths?
Positive indicators for Seabird Enterprises Inc include: Consistently high program spending, indicating a strong focus on mission delivery.. Stable revenue generation over the past several years, demonstrating financial resilience.. Healthy asset base of $3,604,134 in 2023, providing financial stability.. These findings are derived from AI analysis of the organization's financial filings.
How does Seabird Enterprises Inc compensate executives?
Executive compensation is not explicitly detailed in the provided data, preventing a specific assessment of individual salaries. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How does Seabird Enterprises Inc maintain consistent revenue despite varying economic conditions?
Seabird Enterprises Inc has demonstrated remarkable revenue stability, with revenues ranging from $5,316,683 to $7,106,200 over the past seven years, suggesting a diversified funding base or strong donor retention strategies.
What specific programs are supported by the high program spending percentage?
While the data indicates a high percentage of spending on programs (85%), the specific nature and impact of these programs are not detailed in the provided financial summary.
Filing History
IRS 990 filing history for Seabird Enterprises Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2023), Seabird Enterprises Inc's revenue has grown by 18.1%, moving from $5.5M to $6.5M. Total assets increased by 14.3% over the same period, from $3.4M to $3.9M. Total functional expenses rose by 20%, from $5.4M to $6.5M. In its most recent filing year (2023), Seabird Enterprises Inc reported a surplus of $4K, with revenue exceeding expenses. The organization holds $1.5M in liabilities against $3.9M in assets (debt-to-asset ratio: 38.3%), resulting in net assets of $2.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $6.5M | $6.5M | $3.9M | $1.5M | — | View 990 |
| 2022 | $6.1M | $6.0M | $3.7M | $1.3M | — | View 990 |
| 2021 | $5.3M | $5.2M | $3.6M | $1.3M | — | View 990 |
| 2020 | $5.5M | $5.5M | $3.4M | $1.3M | — | View 990 |
| 2019 | $5.3M | $5.2M | $3.4M | $1.3M | — | View 990 |
| 2018 | $5.3M | $5.3M | $3.0M | $1.0M | — | View 990 |
| 2017 | $5.4M | $5.3M | $3.0M | $1.0M | — | View 990 |
| 2016 | $5.5M | $5.6M | $3.0M | $1.1M | — | View 990 |
| 2015 | $5.8M | $6.0M | $3.2M | $1.1M | — | View 990 |
| 2014 | $6.5M | $6.5M | $3.2M | $931K | — | View 990 |
| 2012 | $5.4M | $5.3M | $3.8M | $1.4M | — | View 990 |
| 2011 | $5.5M | $5.4M | $3.4M | $1.1M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $6.5M, expenses of $6.5M, and assets of $3.9M (revenue +6.6% year-over-year).
- 2022: Revenue of $6.1M, expenses of $6.0M, and assets of $3.7M (revenue +14.6% year-over-year).
- 2021: Revenue of $5.3M, expenses of $5.2M, and assets of $3.6M (revenue -3.8% year-over-year).
- 2020: Revenue of $5.5M, expenses of $5.5M, and assets of $3.4M (revenue +3.8% year-over-year).
- 2019: Revenue of $5.3M, expenses of $5.2M, and assets of $3.4M (revenue +1.2% year-over-year).
- 2018: Revenue of $5.3M, expenses of $5.3M, and assets of $3.0M (revenue -2.1% year-over-year).
- 2017: Revenue of $5.4M, expenses of $5.3M, and assets of $3.0M (revenue -1.6% year-over-year).
- 2016: Revenue of $5.5M, expenses of $5.6M, and assets of $3.0M (revenue -6.0% year-over-year).
- 2015: Revenue of $5.8M, expenses of $6.0M, and assets of $3.2M (revenue -10.2% year-over-year).
- 2014: Revenue of $6.5M, expenses of $6.5M, and assets of $3.2M (revenue +19.1% year-over-year).
- 2012: Revenue of $5.4M, expenses of $5.3M, and assets of $3.8M (revenue -1.1% year-over-year).
- 2011: Revenue of $5.5M, expenses of $5.4M, and assets of $3.4M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Seabird Enterprises Inc:
Data Sources and Methodology
This transparency report for Seabird Enterprises 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.