Seacoast Mental Health Center Inc
Seacoast Mental Health Center Inc shows consistent revenue growth and strong asset accumulation with no reported officer compensation.
EIN: 20262862 · Portsmouth, NH · NTEE: F30Z · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $26.4M |
| Total Expenses | $24.6M |
| Program Spending | 90% |
| CEO/Top Officer Pay | $26.4 |
| Net Assets | $15.2M |
| Transparency Score | 95/100 |
Is Seacoast Mental Health Center Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Seacoast Mental Health Center Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Seacoast Mental Health Center Inc
Seacoast Mental Health Center Inc (EIN: 20262862) is a nonprofit organization based in Portsmouth, NH, classified under NTEE code F30Z. The organization reported total revenue of $26.4M and total assets of $18.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Seacoast Mental Health Center Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Seacoast Mental Health Center Inc is a large nonprofit that has been operating for 63 years, with 13 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of 8.3%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $23.7M |
| Total Expenses | $24.6M |
| Surplus / Deficit | $-900,068 |
| Total Assets | $17.4M |
| Total Liabilities | $2.1M |
| Net Assets | $15.2M |
| Operating Margin | -3.8% |
| Debt-to-Asset Ratio | 12.3% |
| Months of Reserves | 8.5 months |
Financial Health Grade: B
In 2024, Seacoast Mental Health Center Inc reported a deficit of $900K with expenses exceeding revenue, holds 8.5 months of operating reserves (strong position), has a debt-to-asset ratio of 12.3% (very low leverage).
Financial Trends
Over 13 years of filings (2012–2024), Seacoast Mental Health Center Inc's revenue has grown at a compound annual growth rate (CAGR) of 8.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -4.3% | +2.2% | +4.3% |
| 2023 | +1.2% | +14.3% | +8.2% |
| 2022 | +5.9% | +14.6% | +24.3% |
| 2021 | +30.7% | +9.9% | +34.8% |
| 2020 | +12.7% | +15.7% | +67.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1963 |
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 Mental Health Center 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 Mental Health Center 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $900K, with expenses exceeding revenue.
- Debt-to-asset ratio: 12.3%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, which is highly unusual for an organization of its size ($26.4 million in latest revenue) and suggests either a fully volunteer executive leadership or that compensation is reported under other expense categories, though the former is implied by the direct reporting.
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 Mental Health Center Inc's IRS 990 filings:
- Unusually low (0%) reported officer compensation, which might warrant further investigation into how executive leadership is compensated or structured, as it's uncommon for an organization of this scale.
Strengths
The following positive indicators were identified for Seacoast Mental Health Center Inc:
- Consistent and significant revenue growth over the past decade, demonstrating increasing capacity and impact.
- Strong financial health with consistently growing net assets, from $2.1 million in 2015 to $15.2 million in 2024.
- Remarkable efficiency in executive compensation, reporting 0% officer compensation across all filings.
- Positive operating margins in most years, indicating sound financial management and sustainability.
- Excellent asset-to-liability ratio, reflecting strong financial stability and low financial risk.
Frequently Asked Questions about Seacoast Mental Health Center Inc
Is Seacoast Mental Health Center Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Seacoast Mental Health Center Inc (EIN: 20262862) some concerns. Mission Score: 95/100. 1 red flag identified, 5 strengths noted.
How does Seacoast Mental Health Center Inc spend its money?
Seacoast Mental Health Center Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Seacoast Mental Health Center Inc tax-deductible?
Seacoast Mental Health Center Inc is registered as a tax-exempt nonprofit (EIN: 20262862). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Seacoast Mental Health Center Inc CEO make?
Seacoast Mental Health Center Inc's highest-compensated officer earns $26.4 annually. The organization reported $26.4M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
How does Seacoast Mental Health Center Inc compare to similar nonprofits?
With a transparency score of 95/100 (Excellent), Seacoast Mental Health Center Inc is above average for NTEE category F30Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Seacoast Mental Health Center Inc located?
Seacoast Mental Health Center Inc is headquartered in Portsmouth, New Hampshire and files with the IRS under EIN 20262862. It is classified under NTEE code F30Z.
How many years of IRS 990 filings does Seacoast Mental Health Center Inc have?
Seacoast Mental Health Center 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 $26.4M in total revenue.
Is Seacoast Mental Health Center Inc a good charity?
Based on the financial data, Seacoast Mental Health Center Inc appears to be a very good charity. It demonstrates strong financial health, consistent growth, and a remarkable commitment to directing resources to its mission by reporting 0% officer compensation.
How has Seacoast Mental Health Center Inc's revenue grown over time?
Seacoast Mental Health Center Inc has experienced significant revenue growth, increasing from $11,111,097 in 2015 to $23,650,737 in 2024, nearly doubling its revenue in less than a decade.
What is the organization's asset-to-liability ratio?
In the latest filing (202406), Seacoast Mental Health Center Inc had assets of $17,357,331 and liabilities of $2,140,236, resulting in a strong asset-to-liability ratio of approximately 8.11:1, indicating excellent financial stability.
Filing History
IRS 990 filing history for Seacoast Mental Health Center Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2024), Seacoast Mental Health Center Inc's revenue has grown by 160.8%, moving from $9.1M to $23.7M. Total assets increased by 1287.8% over the same period, from $1.3M to $17.4M. Total functional expenses rose by 169%, from $9.1M to $24.6M. In its most recent filing year (2024), Seacoast Mental Health Center Inc reported a deficit of $900K, with expenses exceeding revenue. The organization holds $2.1M in liabilities against $17.4M in assets (debt-to-asset ratio: 12.3%), resulting in net assets of $15.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $23.7M | $24.6M | $17.4M | $2.1M | — | View 990 |
| 2023 | $24.7M | $24.0M | $16.6M | $1.5M | — | — |
| 2022 | $24.4M | $21.0M | $15.4M | $1.8M | — | View 990 |
| 2021 | $23.1M | $18.3M | $12.4M | $1.1M | — | — |
| 2020 | $17.6M | $16.7M | $9.2M | $3.3M | — | View 990 |
| 2019 | $15.6M | $14.4M | $5.5M | $644K | — | View 990 |
| 2018 | $13.6M | $13.0M | $4.1M | $506K | — | — |
| 2017 | $13.0M | $12.4M | $3.7M | $642K | — | View 990 |
| 2016 | $11.9M | $11.5M | $3.1M | $532K | — | View 990 |
| 2015 | $11.1M | $10.5M | $2.6M | $510K | — | View 990 |
| 2014 | $10.5M | $9.9M | $1.9M | $397K | — | View 990 |
| 2013 | $9.8M | $9.3M | $1.4M | $449K | — | View 990 |
| 2012 | $9.1M | $9.1M | $1.3M | $747K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $23.7M, expenses of $24.6M, and assets of $17.4M (revenue -4.3% year-over-year).
- 2023: Revenue of $24.7M, expenses of $24.0M, and assets of $16.6M (revenue +1.2% year-over-year).
- 2022: Revenue of $24.4M, expenses of $21.0M, and assets of $15.4M (revenue +5.9% year-over-year).
- 2021: Revenue of $23.1M, expenses of $18.3M, and assets of $12.4M (revenue +30.7% year-over-year).
- 2020: Revenue of $17.6M, expenses of $16.7M, and assets of $9.2M (revenue +12.7% year-over-year).
- 2019: Revenue of $15.6M, expenses of $14.4M, and assets of $5.5M (revenue +15.1% year-over-year).
- 2018: Revenue of $13.6M, expenses of $13.0M, and assets of $4.1M (revenue +4.8% year-over-year).
- 2017: Revenue of $13.0M, expenses of $12.4M, and assets of $3.7M (revenue +9.0% year-over-year).
- 2016: Revenue of $11.9M, expenses of $11.5M, and assets of $3.1M (revenue +7.1% year-over-year).
- 2015: Revenue of $11.1M, expenses of $10.5M, and assets of $2.6M (revenue +6.1% year-over-year).
- 2014: Revenue of $10.5M, expenses of $9.9M, and assets of $1.9M (revenue +7.0% year-over-year).
- 2013: Revenue of $9.8M, expenses of $9.3M, and assets of $1.4M (revenue +7.9% year-over-year).
- 2012: Revenue of $9.1M, expenses of $9.1M, and assets of $1.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Seacoast Mental Health Center Inc:
Data Sources and Methodology
This transparency report for Seacoast Mental Health Center 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.