Seacoast African American Cultural Center Association

Seacoast African American Cultural Center Association reports zero revenue and assets in latest filing, raising questions about operations.

EIN: 20529501 · Portsmouth, NH · NTEE: A54 · Updated: 2026-03-28

$0Revenue
$0Assets
45/100Mission Score (Fair)
A54
Seacoast African American Cultural Center Association Financial Summary
MetricValue
Total Expenses$28K
Program Spending80%
Net Assets$41K
Transparency Score45/100

Is Seacoast African American Cultural Center Association Legit?

Significant Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
ModerateTransparency
2 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Seacoast African American Cultural Center Association directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Seacoast African American Cultural Center Association

Seacoast African American Cultural Center Association (EIN: 20529501) is a nonprofit organization based in Portsmouth, NH, classified under NTEE code A54. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Seacoast African American Cultural Center Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

23Years Operating
MicroSize Classification
8Years of Filings
MixedRevenue Trajectory

Seacoast African American Cultural Center Association is a micro nonprofit that has been operating for 23 years, with 8 years of IRS 990 filings on record (2013–2020). Revenue has grown at a compound annual rate of -17.3%.

Key Financial Metrics (2020)

From the most recent IRS 990 filing on record:

Total Revenue$29K
Total Expenses$28K
Surplus / Deficit+$2K
Total Assets$41K
Net Assets$41K
Operating Margin6.2%
Months of Reserves17.9 months

Financial Health Grade: A

In 2020, Seacoast African American Cultural Center Association reported a surplus of $2K with revenue exceeding expenses, holds 17.9 months of operating reserves (strong position).

Financial Trends

Over 8 years of filings (2013–2020), Seacoast African American Cultural Center Association's revenue has declined at a compound annual growth rate (CAGR) of -17.3%.

YearRevenue ChangeExpense ChangeAsset Change
2020-12.3%+40.6%-10.9%
2019+58.3%-8.1%+23.8%
2018-51.6%-14.7%+14.1%
2017+41.1%+10.2%+135.0%
2016+138.7%+1.8%+149.9%

IRS Tax-Exempt Classification

IRS Classification Codes2000
IRS Ruling Date2003

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

The Seacoast African American Cultural Center Association (SAACCA) exhibits a concerning financial trend, with its latest filing showing zero revenue and zero assets, indicating potential dormancy or cessation of operations. Prior to this, the organization consistently operated on a relatively small scale, with annual revenues typically ranging from $20,000 to $40,000, though it did see higher revenues in 2013 and 2014. The organization has generally managed its expenses to be in line with or slightly below its revenue, as seen in 2020 where revenue was $29,351 and expenses were $27,524, resulting in a small surplus. However, there were periods of deficit spending, notably in 2014 and 2013 where expenses significantly exceeded revenue. SAACCA's financial health, based on its historical filings, appears to be modest, with assets never exceeding $46,118. The consistent reporting of 0% officer compensation across all available filings suggests a volunteer-driven leadership, which can be a positive indicator of resource allocation directly to mission-related activities. However, the current state of zero revenue and assets raises significant questions about its ongoing viability and impact. Without detailed expense breakdowns in the provided data, it's challenging to fully assess spending efficiency beyond the overall revenue-to-expense ratio. In terms of transparency, the organization has a consistent filing history with the IRS, which is a positive sign. However, the abrupt drop to zero revenue and assets in the latest period, without further context, could be a red flag for stakeholders. A more detailed look at their program spending versus administrative and fundraising costs would be necessary for a complete assessment of their spending efficiency and program focus.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Seacoast African American Cultural Center Association with a Mission Score of 45 out of 100 (Fair). 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, Seacoast African American Cultural Center Association 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.

Key Financial Metrics (2020)

From the most recent IRS 990 filing on record:

$29KTotal Revenue
$28KTotal Expenses
$41KTotal Assets
$41KNet Assets
  • The organization reported a surplus of $2K, with revenue exceeding expenses.

Executive Compensation Analysis

Executive compensation has consistently been reported as 0% across all available filings, indicating that the organization's leadership is likely volunteer-based, which is commendable for a small nonprofit.

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 Seacoast African American Cultural Center Association's IRS 990 filings:

  • Latest filing shows $0 revenue and $0 assets, indicating potential dormancy or cessation of operations.
  • History of deficit spending in some years (e.g., 2014: Revenue=$59,993, Expenses=$79,595; 2013: Revenue=$110,642, Expenses=$125,358).

Strengths

The following positive indicators were identified for Seacoast African American Cultural Center Association:

  • Consistent IRS 990 filing history prior to the latest period.
  • 0% officer compensation reported across all filings, suggesting volunteer leadership and efficient use of funds for mission.
  • Maintained positive assets for several years before the latest filing, peaking at $46,118 in 2019.

Frequently Asked Questions about Seacoast African American Cultural Center Association

Is Seacoast African American Cultural Center Association a legitimate charity?

Seacoast African American Cultural Center Association (EIN: 20529501) is a registered tax-exempt nonprofit based in New Hampshire. Our AI analysis gives it a Mission Score of 45/100. It has 8 years of IRS 990 filings on record. 2 red flags identified. 3 strengths noted. Financial health grade: A.

How does Seacoast African American Cultural Center Association spend its money?

Seacoast African American Cultural Center Association directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.

Are donations to Seacoast African American Cultural Center Association tax-deductible?

Seacoast African American Cultural Center Association is registered as a tax-exempt nonprofit (EIN: 20529501). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

What percentage of Seacoast African American Cultural Center Association's spending goes to programs?

Seacoast African American Cultural Center Association directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

How does Seacoast African American Cultural Center Association compare to similar nonprofits?

With a transparency score of 45/100 (Fair), Seacoast African American Cultural Center Association is near average for NTEE category A54 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is Seacoast African American Cultural Center Association located?

Seacoast African American Cultural Center Association is headquartered in Portsmouth, New Hampshire and files with the IRS under EIN 20529501. It is classified under NTEE code A54.

How many years of IRS 990 filings does Seacoast African American Cultural Center Association have?

Seacoast African American Cultural Center Association has 8 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends.

Is Seacoast African American Cultural Center Association still operational given its latest filing of $0 revenue and assets?

The latest IRS 990 filing showing $0 revenue and $0 assets strongly suggests the organization may no longer be actively operating or is in the process of winding down. Further investigation beyond the provided data would be needed to confirm its current status.

What caused the significant drop in revenue and assets to zero?

The provided IRS 990 data does not specify the reasons for the abrupt decline to zero revenue and assets. This could be due to a cessation of activities, a merger, or a change in reporting status.

How did the organization manage to operate with 0% officer compensation?

The consistent reporting of 0% officer compensation indicates that the organization's leadership likely served in a volunteer capacity, which is common for smaller nonprofits and allows more funds to be directed towards programs.

What was the typical program spending ratio when the organization was active?

While specific program spending percentages are not provided in the summary data, the overall expense levels relative to revenue suggest that a significant portion of funds would have been allocated to programs, especially given the 0% officer compensation.

Filing History

IRS 990 filing history for Seacoast African American Cultural Center Association showing financial trends over 8 years of public records:

Over 8 years of IRS 990 filings (2013–2020), Seacoast African American Cultural Center Association's revenue has declined by 73.5%, moving from $111K to $29K. Total assets increased by 19.4% over the same period, from $34K to $41K. Total functional expenses fell by 78%, from $125K to $28K. In its most recent filing year (2020), Seacoast African American Cultural Center Association reported a surplus of $2K, with revenue exceeding expenses.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2020 $29K $28K $41K $0
2019 $33K $20K $46K $5K View 990
2018 $21K $21K $37K $5K View 990
2017 $44K $25K $33K $0 View 990
2016 $31K $23K $14K $0 View 990
2015 $13K $22K $6K $0 View 990
2014 $60K $80K $15K $0 View 990
2013 $111K $125K $34K $0 View 990

Year-by-Year Financial Summary

  • 2020: Revenue of $29K, expenses of $28K, and assets of $41K (revenue -12.3% year-over-year).
  • 2019: Revenue of $33K, expenses of $20K, and assets of $46K (revenue +58.3% year-over-year).
  • 2018: Revenue of $21K, expenses of $21K, and assets of $37K (revenue -51.6% year-over-year).
  • 2017: Revenue of $44K, expenses of $25K, and assets of $33K (revenue +41.1% year-over-year).
  • 2016: Revenue of $31K, expenses of $23K, and assets of $14K (revenue +138.7% year-over-year).
  • 2015: Revenue of $13K, expenses of $22K, and assets of $6K (revenue -78.4% year-over-year).
  • 2014: Revenue of $60K, expenses of $80K, and assets of $15K (revenue -45.8% year-over-year).
  • 2013: Revenue of $111K, expenses of $125K, and assets of $34K.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Seacoast African American Cultural Center Association:

2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing

Data Sources and Methodology

This transparency report for Seacoast African American Cultural Center Association 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.

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