Seacoast Charter School
Seacoast Charter School shows consistent revenue growth and strong asset accumulation with no reported officer compensation.
EIN: 200645885 · Dover, NH · NTEE: B20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $4.0M |
| Total Expenses | $3.2M |
| Program Spending | 90% |
| Net Assets | $2.1M |
| Transparency Score | 92/100 |
Is Seacoast Charter School Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Seacoast Charter School directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Seacoast Charter School
Seacoast Charter School (EIN: 200645885) is a nonprofit organization based in Dover, NH, classified under NTEE code B20. The organization reported total revenue of $4.0M and total assets of $3.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Seacoast Charter School's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Seacoast Charter School is a mid-size nonprofit that has been operating for 11 years, with 16 years of IRS 990 filings on record (2009–2024). Revenue has grown at a compound annual rate of 12.9%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.7M |
| Total Expenses | $3.2M |
| Surplus / Deficit | +$439K |
| Total Assets | $3.2M |
| Total Liabilities | $1.1M |
| Net Assets | $2.1M |
| Operating Margin | 12.0% |
| Debt-to-Asset Ratio | 35.1% |
| Months of Reserves | 11.9 months |
Financial Health Grade: A
In 2024, Seacoast Charter School reported a surplus of $439K with revenue exceeding expenses, holds 11.9 months of operating reserves (strong position), has a debt-to-asset ratio of 35.1% (moderate leverage).
Financial Trends
Over 16 years of filings (2009–2024), Seacoast Charter School's revenue has grown at a compound annual growth rate (CAGR) of 12.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +16.2% | +8.5% | +21.1% |
| 2023 | +8.1% | +5.9% | +5.5% |
| 2022 | -5.8% | +7.7% | +6.1% |
| 2021 | +12.4% | -4.6% | -2.8% |
| 2020 | -3.5% | +2.6% | +16.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2015 |
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 Charter School with a Mission Score of 92 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: 8%
- programs: 90%
- fundraising: 2%
According to IRS 990 filings, Seacoast Charter School allocates its expenses as follows: admin: 8%, programs: 90%, fundraising: 2%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $439K, with revenue exceeding expenses.
- Debt-to-asset ratio: 35.1%.
Executive Compensation Analysis
Seacoast Charter School consistently reports 0% officer compensation across all available filings, indicating that no compensation was paid to officers, directors, trustees, or key employees, or that it was negligible. This is highly favorable, suggesting that resources are primarily directed towards the organization's mission rather than executive 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 Seacoast Charter School:
- Consistent revenue growth, from $1.47M in 2016 to $3.65M in 2024, indicating strong financial health.
- Significant asset growth, from $229K in 2016 to $3.19M in 2024, outpacing liabilities.
- Consistent reporting of 0% officer compensation, demonstrating a strong commitment to mission-focused spending.
- Expenses consistently below revenue, allowing for surplus and asset accumulation (e.g., 2024 revenue $3.65M vs. expenses $3.21M).
- Long history of IRS 990 filings (16 filings), indicating good transparency and compliance.
Frequently Asked Questions about Seacoast Charter School
Is Seacoast Charter School a legitimate charity?
Based on AI analysis of IRS 990 filings, Seacoast Charter School (EIN: 200645885) appears legitimate. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
How does Seacoast Charter School spend its money?
Seacoast Charter School directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Seacoast Charter School tax-deductible?
Seacoast Charter School is registered as a tax-exempt nonprofit (EIN: 200645885). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Seacoast Charter School's spending goes to programs?
Seacoast Charter School directs 90% to programs, 2% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Seacoast Charter School compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Seacoast Charter School is above average for NTEE category B20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Seacoast Charter School located?
Seacoast Charter School is headquartered in Dover, New Hampshire and files with the IRS under EIN 200645885. It is classified under NTEE code B20.
How many years of IRS 990 filings does Seacoast Charter School have?
Seacoast Charter School has 16 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 $4.0M in total revenue.
Is Seacoast Charter School a good charity?
Based on the provided financial data, Seacoast Charter School appears to be a well-managed organization with strong financial health, consistent revenue growth, and a clear commitment to its mission, evidenced by 0% officer compensation and growing assets. Its consistent financial reporting also indicates good transparency.
How has Seacoast Charter School's revenue changed over time?
Seacoast Charter School has experienced significant and consistent revenue growth, increasing from $1,477,043 in 2016 to $3,652,571 in 2024, demonstrating strong financial sustainability and increasing operational scale.
What is the trend in Seacoast Charter School's assets and liabilities?
The organization's assets have grown substantially from $229,133 in 2016 to $3,196,590 in 2024, while liabilities have also increased but at a slower rate, indicating a healthy accumulation of net assets over time. For example, in 2024, assets were $3,196,590 against liabilities of $1,121,314.
Does Seacoast Charter School pay its officers?
According to the IRS 990 filings, Seacoast Charter School consistently reports 0% officer compensation, indicating that no compensation was paid to its officers, directors, trustees, or key employees during the reported periods.
Filing History
IRS 990 filing history for Seacoast Charter School showing financial trends over 16 years of public records:
Over 16 years of IRS 990 filings (2009–2024), Seacoast Charter School's revenue has grown by 520.7%, moving from $588K to $3.7M. Total assets increased by 3837.1% over the same period, from $81K to $3.2M. Total functional expenses rose by 382.9%, from $665K to $3.2M. In its most recent filing year (2024), Seacoast Charter School reported a surplus of $439K, with revenue exceeding expenses. The organization holds $1.1M in liabilities against $3.2M in assets (debt-to-asset ratio: 35.1%), resulting in net assets of $2.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $3.7M | $3.2M | $3.2M | $1.1M | — | View 990 |
| 2023 | $3.1M | $3.0M | $2.6M | $1.0M | — | View 990 |
| 2022 | $2.9M | $2.8M | $2.5M | $1.0M | — | View 990 |
| 2021 | $3.1M | $2.6M | $2.4M | $1.0M | — | View 990 |
| 2020 | $2.7M | $2.7M | $2.4M | $1.6M | — | View 990 |
| 2019 | $2.8M | $2.7M | $2.1M | $1.2M | — | View 990 |
| 2018 | $2.8M | $2.4M | $1.8M | $1.2M | — | View 990 |
| 2017 | $2.3M | $2.2M | $1.5M | $1.3M | — | View 990 |
| 2016 | $1.5M | $1.5M | $229K | $88K | — | View 990 |
| 2015 | $1.8M | $1.6M | $351K | $70K | — | View 990 |
| 2014 | $1.7M | $1.7M | $320K | $281K | — | View 990 |
| 2013 | $1.7M | $1.7M | $192K | $184K | — | View 990 |
| 2012 | $1.3M | $1.3M | $155K | $192K | — | View 990 |
| 2011 | $1.1M | $1.1M | $101K | $148K | — | View 990 |
| 2010 | $893K | $907K | $93K | $50K | — | View 990 |
| 2009 | $588K | $665K | $81K | $24K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $3.7M, expenses of $3.2M, and assets of $3.2M (revenue +16.2% year-over-year).
- 2023: Revenue of $3.1M, expenses of $3.0M, and assets of $2.6M (revenue +8.1% year-over-year).
- 2022: Revenue of $2.9M, expenses of $2.8M, and assets of $2.5M (revenue -5.8% year-over-year).
- 2021: Revenue of $3.1M, expenses of $2.6M, and assets of $2.4M (revenue +12.4% year-over-year).
- 2020: Revenue of $2.7M, expenses of $2.7M, and assets of $2.4M (revenue -3.5% year-over-year).
- 2019: Revenue of $2.8M, expenses of $2.7M, and assets of $2.1M (revenue +2.4% year-over-year).
- 2018: Revenue of $2.8M, expenses of $2.4M, and assets of $1.8M (revenue +21.5% year-over-year).
- 2017: Revenue of $2.3M, expenses of $2.2M, and assets of $1.5M (revenue +54.8% year-over-year).
- 2016: Revenue of $1.5M, expenses of $1.5M, and assets of $229K (revenue -18.0% year-over-year).
- 2015: Revenue of $1.8M, expenses of $1.6M, and assets of $351K (revenue +6.4% year-over-year).
- 2014: Revenue of $1.7M, expenses of $1.7M, and assets of $320K (revenue -1.3% year-over-year).
- 2013: Revenue of $1.7M, expenses of $1.7M, and assets of $192K (revenue +30.7% year-over-year).
- 2012: Revenue of $1.3M, expenses of $1.3M, and assets of $155K (revenue +25.0% year-over-year).
- 2011: Revenue of $1.1M, expenses of $1.1M, and assets of $101K (revenue +17.6% year-over-year).
- 2010: Revenue of $893K, expenses of $907K, and assets of $93K (revenue +51.8% year-over-year).
- 2009: Revenue of $588K, expenses of $665K, and assets of $81K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Seacoast Charter School:
Data Sources and Methodology
This transparency report for Seacoast Charter School 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.