Seacoast Mental Health Center Resource Group Inc
Seacoast Mental Health Center Resource Group Inc consistently grows assets with zero officer compensation.
EIN: 20395289 · Portsmouth, NH · NTEE: F32I · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.0M |
| Total Expenses | $333K |
| Program Spending | 90% |
| Net Assets | $6.1M |
| Transparency Score | 95/100 |
Is Seacoast Mental Health Center Resource Group 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 Resource Group Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Seacoast Mental Health Center Resource Group Inc
Seacoast Mental Health Center Resource Group Inc (EIN: 20395289) is a nonprofit organization based in Portsmouth, NH, classified under NTEE code F32I. The organization reported total revenue of $1.0M and total assets of $6.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Seacoast Mental Health Center Resource Group Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Seacoast Mental Health Center Resource Group Inc is a mid-size nonprofit that has been operating for 39 years, with 13 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of 8.0%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $988K |
| Total Expenses | $333K |
| Surplus / Deficit | +$655K |
| Total Assets | $6.1M |
| Net Assets | $6.1M |
| Operating Margin | 66.3% |
| Months of Reserves | 219.2 months |
Financial Health Grade: A
In 2024, Seacoast Mental Health Center Resource Group Inc reported a surplus of $655K with revenue exceeding expenses, holds 219.2 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2012–2024), Seacoast Mental Health Center Resource Group Inc's revenue has grown at a compound annual growth rate (CAGR) of 8.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +8.1% | -4.6% | +12.0% |
| 2023 | +17.1% | +46.9% | -13.5% |
| 2022 | -1.3% | -8.0% | +40.8% |
| 2021 | +1.6% | -0.8% | +15.0% |
| 2020 | -32.8% | -0.8% | +15.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1987 |
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 Resource Group 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 Resource Group 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 surplus of $655K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no salaries are paid to officers, which is highly unusual for an organization of this size and revenue, suggesting a volunteer-led or very lean operational structure at the top.
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 Resource Group Inc's IRS 990 filings:
- Unusually low expenses relative to revenue, which might indicate significant accumulation of funds rather than immediate program spending, or that some expenses are not fully captured in the 'expenses' line item.
- Consistent 0% officer compensation, while positive for efficiency, is unusual for an organization with over $1 million in revenue and could warrant further inquiry into how leadership is structured and compensated, if at all.
Strengths
The following positive indicators were identified for Seacoast Mental Health Center Resource Group Inc:
- Strong program spending efficiency, with expenses significantly lower than revenue, allowing for asset growth.
- Consistent asset growth, from $2,155,814 in 2015 to $6,760,230 currently, demonstrating sound financial management.
- Zero officer compensation reported across all filings, indicating a high commitment to directing funds to the mission.
- Minimal to zero liabilities reported in most recent filings, reflecting a healthy balance sheet.
- Consistent revenue generation, with latest revenue at $1,032,880, showing sustained support for its operations.
Frequently Asked Questions about Seacoast Mental Health Center Resource Group Inc
Is Seacoast Mental Health Center Resource Group Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Seacoast Mental Health Center Resource Group Inc (EIN: 20395289) some concerns. Mission Score: 95/100. 2 red flags identified, 5 strengths noted.
How does Seacoast Mental Health Center Resource Group Inc spend its money?
Seacoast Mental Health Center Resource Group 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 Resource Group Inc tax-deductible?
Seacoast Mental Health Center Resource Group Inc is registered as a tax-exempt nonprofit (EIN: 20395289). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Seacoast Mental Health Center Resource Group Inc compare to similar nonprofits?
With a transparency score of 95/100 (Excellent), Seacoast Mental Health Center Resource Group Inc is above average for NTEE category F32I nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Seacoast Mental Health Center Resource Group Inc located?
Seacoast Mental Health Center Resource Group Inc is headquartered in Portsmouth, New Hampshire and files with the IRS under EIN 20395289. It is classified under NTEE code F32I.
How many years of IRS 990 filings does Seacoast Mental Health Center Resource Group Inc have?
Seacoast Mental Health Center Resource Group 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 $1.0M in total revenue.
Is Seacoast Mental Health Center Resource Group Inc a good charity?
Based on its financial filings, the organization appears to be a very good charity. It demonstrates strong financial health, consistent asset growth, and a remarkable commitment to directing resources to its mission by reporting zero officer compensation.
How has the organization's financial health changed over time?
The organization's financial health has significantly improved over time, with assets growing from $2,155,814 in 2015 to $6,760,230 currently, and liabilities frequently reported as $0 in recent years, indicating robust financial management.
What is the organization's approach to executive compensation?
The organization reports 0% officer compensation across all 13 available filings, suggesting a volunteer-led executive structure or that executive roles are compensated through other means not classified as officer compensation on the 990.
Filing History
IRS 990 filing history for Seacoast Mental Health Center Resource Group Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2024), Seacoast Mental Health Center Resource Group Inc's revenue has grown by 151.5%, moving from $393K to $988K. Total assets increased by 210.3% over the same period, from $2.0M to $6.1M. Total functional expenses rose by 21.6%, from $274K to $333K. In its most recent filing year (2024), Seacoast Mental Health Center Resource Group Inc reported a surplus of $655K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $988K | $333K | $6.1M | $0 | — | View 990 |
| 2023 | $914K | $349K | $5.4M | $0 | — | — |
| 2022 | $781K | $238K | $6.3M | $1.4M | — | View 990 |
| 2021 | $791K | $258K | $4.5M | $72K | — | — |
| 2020 | $779K | $260K | $3.9M | $0 | — | View 990 |
| 2019 | $1.2M | $262K | $3.3M | $0 | — | View 990 |
| 2018 | $733K | $286K | $2.5M | $5K | — | — |
| 2017 | $589K | $303K | $2.0M | $0 | — | View 990 |
| 2016 | $491K | $299K | $2.1M | $431K | — | View 990 |
| 2015 | $470K | $272K | $2.2M | $631K | — | View 990 |
| 2014 | $461K | $308K | $2.0M | $718K | — | View 990 |
| 2013 | $390K | $284K | $2.0M | $792K | — | View 990 |
| 2012 | $393K | $274K | $2.0M | $893K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $988K, expenses of $333K, and assets of $6.1M (revenue +8.1% year-over-year).
- 2023: Revenue of $914K, expenses of $349K, and assets of $5.4M (revenue +17.1% year-over-year).
- 2022: Revenue of $781K, expenses of $238K, and assets of $6.3M (revenue -1.3% year-over-year).
- 2021: Revenue of $791K, expenses of $258K, and assets of $4.5M (revenue +1.6% year-over-year).
- 2020: Revenue of $779K, expenses of $260K, and assets of $3.9M (revenue -32.8% year-over-year).
- 2019: Revenue of $1.2M, expenses of $262K, and assets of $3.3M (revenue +58.1% year-over-year).
- 2018: Revenue of $733K, expenses of $286K, and assets of $2.5M (revenue +24.6% year-over-year).
- 2017: Revenue of $589K, expenses of $303K, and assets of $2.0M (revenue +19.9% year-over-year).
- 2016: Revenue of $491K, expenses of $299K, and assets of $2.1M (revenue +4.5% year-over-year).
- 2015: Revenue of $470K, expenses of $272K, and assets of $2.2M (revenue +1.9% year-over-year).
- 2014: Revenue of $461K, expenses of $308K, and assets of $2.0M (revenue +18.2% year-over-year).
- 2013: Revenue of $390K, expenses of $284K, and assets of $2.0M (revenue -0.8% year-over-year).
- 2012: Revenue of $393K, expenses of $274K, and assets of $2.0M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Seacoast Mental Health Center Resource Group Inc:
Data Sources and Methodology
This transparency report for Seacoast Mental Health Center Resource Group 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.