Seacoast Board Of Realtors Inc
Seacoast Board Of Realtors Inc maintains strong financial health with consistent surpluses and zero officer compensation.
EIN: 20263868 · Portsmouth, NH · NTEE: S41 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $633K |
| Total Expenses | $371K |
| Program Spending | 90% |
| Net Assets | $998K |
| Transparency Score | 95/100 |
Is Seacoast Board Of Realtors Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Seacoast Board Of Realtors Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Seacoast Board Of Realtors Inc
Seacoast Board Of Realtors Inc (EIN: 20263868) is a nonprofit organization based in Portsmouth, NH, classified under NTEE code S41. The organization reported total revenue of $633K and total assets of $1.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Seacoast Board Of Realtors Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Seacoast Board Of Realtors Inc is a small nonprofit that has been operating for 22 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 7.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $419K |
| Total Expenses | $371K |
| Surplus / Deficit | +$48K |
| Total Assets | $1.9M |
| Total Liabilities | $860K |
| Net Assets | $998K |
| Operating Margin | 11.5% |
| Debt-to-Asset Ratio | 46.3% |
| Months of Reserves | 60.1 months |
Financial Health Grade: A
In 2023, Seacoast Board Of Realtors Inc reported a surplus of $48K with revenue exceeding expenses, holds 60.1 months of operating reserves (strong position), has a debt-to-asset ratio of 46.3% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Seacoast Board Of Realtors Inc's revenue has grown at a compound annual growth rate (CAGR) of 7.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -14.4% | -12.2% | +3.1% |
| 2022 | -3.6% | +27.1% | +40.9% |
| 2021 | +10.2% | -10.4% | +28.4% |
| 2020 | +23.5% | +37.0% | +10.5% |
| 2019 | +9.6% | -1.2% | +13.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2004 |
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 Seacoast Board Of Realtors Inc with a Mission Score of 95 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: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Seacoast Board Of Realtors Inc allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% 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 $48K, with revenue exceeding expenses.
- Debt-to-asset ratio: 46.3%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers receive compensation from the organization, which is highly unusual and suggests a volunteer-led or very lean operational structure for its leadership.
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 Seacoast Board Of Realtors Inc:
- Consistent operating surpluses, such as $48,316 in 2023 ($419,124 revenue - $370,808 expenses).
- Strong asset growth, increasing from $603,242 in 2014 to $1,857,090 in 2023.
- Zero reported officer compensation across all filings, indicating high efficiency and volunteer leadership.
- Healthy financial reserves with assets significantly exceeding liabilities ($1,857,090 assets vs. $859,558 liabilities in 2023).
Frequently Asked Questions about Seacoast Board Of Realtors Inc
Is Seacoast Board Of Realtors Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Seacoast Board Of Realtors Inc (EIN: 20263868) appears legitimate. Mission Score: 95/100. 0 red flags identified, 4 strengths noted.
How does Seacoast Board Of Realtors Inc spend its money?
Seacoast Board Of Realtors Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Seacoast Board Of Realtors Inc tax-deductible?
Seacoast Board Of Realtors Inc is registered as a tax-exempt nonprofit (EIN: 20263868). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Seacoast Board Of Realtors Inc compare to similar nonprofits?
With a transparency score of 95/100 (Excellent), Seacoast Board Of Realtors Inc is above average for NTEE category S41 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Seacoast Board Of Realtors Inc located?
Seacoast Board Of Realtors Inc is headquartered in Portsmouth, New Hampshire and files with the IRS under EIN 20263868. It is classified under NTEE code S41.
How many years of IRS 990 filings does Seacoast Board Of Realtors Inc have?
Seacoast Board Of Realtors 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 $633K in total revenue.
Is Seacoast Board Of Realtors Inc financially stable?
Yes, the organization appears financially stable, consistently generating surpluses (e.g., $48,316 in 2023) and growing its assets from $603,242 in 2014 to $1,857,090 in 2023.
How does Seacoast Board Of Realtors Inc manage its expenses?
The organization consistently spends less than it earns, as evidenced by its revenues exceeding expenses in every reported period (e.g., $419,124 revenue vs. $370,808 expenses in 2023).
What is the trend in the organization's assets?
Assets have shown a strong upward trend, more than tripling from $603,242 in 2014 to $1,857,090 in 2023, indicating significant growth in its financial resources.
Filing History
IRS 990 filing history for Seacoast Board Of Realtors Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Seacoast Board Of Realtors Inc's revenue has grown by 126.6%, moving from $185K to $419K. Total assets increased by 292.9% over the same period, from $473K to $1.9M. Total functional expenses rose by 78.5%, from $208K to $371K. In its most recent filing year (2023), Seacoast Board Of Realtors Inc reported a surplus of $48K, with revenue exceeding expenses. The organization holds $860K in liabilities against $1.9M in assets (debt-to-asset ratio: 46.3%), resulting in net assets of $998K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $419K | $371K | $1.9M | $860K | — | — |
| 2022 | $490K | $422K | $1.8M | $913K | — | View 990 |
| 2021 | $508K | $332K | $1.3M | $318K | — | View 990 |
| 2020 | $461K | $371K | $996K | $298K | — | — |
| 2019 | $373K | $270K | $901K | $293K | — | View 990 |
| 2018 | $340K | $274K | $794K | $289K | — | View 990 |
| 2017 | $317K | $218K | $676K | $237K | — | View 990 |
| 2016 | $283K | $226K | $583K | $245K | — | View 990 |
| 2015 | $249K | $217K | $692K | $411K | — | View 990 |
| 2014 | $219K | $192K | $603K | $353K | — | View 990 |
| 2013 | $209K | $185K | $497K | $274K | — | View 990 |
| 2012 | $183K | $181K | $468K | $269K | — | View 990 |
| 2011 | $185K | $208K | $473K | $277K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $419K, expenses of $371K, and assets of $1.9M (revenue -14.4% year-over-year).
- 2022: Revenue of $490K, expenses of $422K, and assets of $1.8M (revenue -3.6% year-over-year).
- 2021: Revenue of $508K, expenses of $332K, and assets of $1.3M (revenue +10.2% year-over-year).
- 2020: Revenue of $461K, expenses of $371K, and assets of $996K (revenue +23.5% year-over-year).
- 2019: Revenue of $373K, expenses of $270K, and assets of $901K (revenue +9.6% year-over-year).
- 2018: Revenue of $340K, expenses of $274K, and assets of $794K (revenue +7.5% year-over-year).
- 2017: Revenue of $317K, expenses of $218K, and assets of $676K (revenue +12.1% year-over-year).
- 2016: Revenue of $283K, expenses of $226K, and assets of $583K (revenue +13.7% year-over-year).
- 2015: Revenue of $249K, expenses of $217K, and assets of $692K (revenue +13.3% year-over-year).
- 2014: Revenue of $219K, expenses of $192K, and assets of $603K (revenue +5.0% year-over-year).
- 2013: Revenue of $209K, expenses of $185K, and assets of $497K (revenue +14.0% year-over-year).
- 2012: Revenue of $183K, expenses of $181K, and assets of $468K (revenue -0.9% year-over-year).
- 2011: Revenue of $185K, expenses of $208K, and assets of $473K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Seacoast Board Of Realtors Inc:
Data Sources and Methodology
This transparency report for Seacoast Board Of Realtors 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.