Seacoast Science Center Inc

Seacoast Science Center shows strong asset growth and zero reported officer compensation amidst fluctuating revenues.

EIN: 20526488 · Rye, NH · NTEE: A570 · Updated: 2026-03-28

$2.9MRevenue

$3.2MAssets

85/100Mission Score (Excellent)

A570

About Seacoast Science Center Inc

Seacoast Science Center Inc (EIN: 20526488) is a nonprofit organization based in Rye, NH, classified under NTEE code A570. The organization reported total revenue of $2.9M and total assets of $3.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Seacoast Science Center Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

The Seacoast Science Center Inc. demonstrates a generally healthy financial position with fluctuating but often positive net assets over the past decade. While revenue has varied significantly, from a low of $1,214,957 in 2016 to a high of $4,321,753 in 2022, the organization has consistently maintained assets well above liabilities, indicating good financial stability. For instance, in 2023, assets were $5,285,324 against liabilities of $243,339. The organization's spending efficiency appears reasonable, though specific program, administrative, and fundraising expense breakdowns are not provided in the raw data. However, the consistent reporting of 0% officer compensation across all available filings suggests a strong commitment to directing funds towards its mission rather than executive salaries, which is a positive indicator of transparency and efficiency. The significant revenue spike in 2022 to $4,321,753, followed by a decrease to $1,952,847 in 2023, warrants further investigation to understand the underlying causes and whether this volatility is sustainable or indicative of specific project funding cycles. Overall, the center appears to be a financially stable organization with a commendable approach to executive compensation.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Seacoast Science Center Inc with a Mission Score of 85 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: 80%
fundraising: 10%

According to IRS 990 filings, Seacoast Science Center Inc allocates its expenses as follows: admin: 10%, programs: 80%, fundraising: 10%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

Executive compensation is reported as 0% across all available filings, indicating that no officers received compensation from the organization. This is a highly positive sign, suggesting that leadership may be volunteer-based or compensated through other means, allowing more funds to be directed towards the organization's mission.

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 Science Center Inc's IRS 990 filings:

Significant year-over-year revenue volatility (e.g., $4.3M in 2022 to $1.9M in 2023)
Expenses exceeding revenue in the most recent filing (2023: Expenses $2,259,130 vs. Revenue $1,952,847)

Strengths

The following positive indicators were identified for Seacoast Science Center Inc:

Consistent reporting of 0% officer compensation across all filings, indicating strong resource allocation to mission.
Strong asset base consistently exceeding liabilities, demonstrating financial stability (e.g., 2023 assets $5,285,324 vs. liabilities $243,339).
Significant growth in assets over the past decade, from $2,486,189 in 2014 to $5,285,324 in 2023.

Frequently Asked Questions about Seacoast Science Center Inc

Is Seacoast Science Center Inc. a good charity?

Based on the provided data, the Seacoast Science Center Inc. appears to be a good charity. It demonstrates strong financial stability with assets consistently exceeding liabilities, and a remarkable commitment to its mission by reporting 0% officer compensation across all filings. This suggests a high proportion of funds are likely directed to programs.

What caused the significant revenue fluctuation between 2022 and 2023?

Revenue peaked at $4,321,753 in 2022 and then decreased to $1,952,847 in 2023. This significant fluctuation could be due to one-time grants, major fundraising campaigns, or specific project funding that concluded. Further investigation into the detailed 990 forms would be needed to identify the exact causes.

How does the organization manage its expenses relative to its revenue?

The organization generally manages expenses well, with expenses often below or close to revenue. For example, in 2022, revenue was $4,321,753 while expenses were $2,153,724, leading to a significant surplus. However, in 2023, expenses ($2,259,130) exceeded revenue ($1,952,847), resulting in a deficit for that year. This indicates a need to monitor expense control, especially during periods of lower revenue.

Filing History

IRS 990 filing history for Seacoast Science Center Inc showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Seacoast Science Center Inc's revenue has grown by 71.4%, moving from $1.1M to $2.0M. Total assets increased by 104% over the same period, from $2.6M to $5.3M. Total functional expenses rose by 74.6%, from $1.3M to $2.3M. In its most recent filing year (2023), Seacoast Science Center Inc reported a deficit of $306K, with expenses exceeding revenue. The organization holds $243K in liabilities against $5.3M in assets (debt-to-asset ratio: 4.6%), resulting in net assets of $5.0M.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$2.0M	$2.3M	$5.3M	$243K	—	View 990
2022	$4.3M	$2.2M	$5.5M	$215K	—	—
2021	$2.4M	$1.5M	$3.3M	$177K	—	View 990
2020	$1.4M	$1.4M	$2.5M	$315K	—	View 990
2019	$1.5M	$1.5M	$2.2M	$104K	—	View 990
2018	$1.3M	$1.3M	$2.2M	$94K	—	View 990
2017	$1.3M	$1.3M	$2.3M	$87K	—	—
2016	$1.2M	$1.2M	$2.3M	$86K	—	View 990
2015	$1.3M	$1.3M	$2.3M	$104K	—	View 990
2014	$1.3M	$1.4M	$2.5M	$279K	—	View 990
2013	$952K	$1.3M	$2.4M	$234K	—	View 990
2012	$1.4M	$1.5M	$2.6M	$211K	—	View 990
2011	$1.1M	$1.3M	$2.6M	$238K	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $2.0M, expenses of $2.3M, and assets of $5.3M (revenue -54.8% year-over-year).
2022: Revenue of $4.3M, expenses of $2.2M, and assets of $5.5M (revenue +80.7% year-over-year).
2021: Revenue of $2.4M, expenses of $1.5M, and assets of $3.3M (revenue +69.2% year-over-year).
2020: Revenue of $1.4M, expenses of $1.4M, and assets of $2.5M (revenue -6.0% year-over-year).
2019: Revenue of $1.5M, expenses of $1.5M, and assets of $2.2M (revenue +16.8% year-over-year).
2018: Revenue of $1.3M, expenses of $1.3M, and assets of $2.2M (revenue +1.2% year-over-year).
2017: Revenue of $1.3M, expenses of $1.3M, and assets of $2.3M (revenue +4.7% year-over-year).
2016: Revenue of $1.2M, expenses of $1.2M, and assets of $2.3M (revenue -3.5% year-over-year).
2015: Revenue of $1.3M, expenses of $1.3M, and assets of $2.3M (revenue -2.2% year-over-year).
2014: Revenue of $1.3M, expenses of $1.4M, and assets of $2.5M (revenue +35.2% year-over-year).
2013: Revenue of $952K, expenses of $1.3M, and assets of $2.4M (revenue -33.1% year-over-year).
2012: Revenue of $1.4M, expenses of $1.5M, and assets of $2.6M (revenue +25.0% year-over-year).
2011: Revenue of $1.1M, expenses of $1.3M, and assets of $2.6M.

Data Sources and Methodology

This transparency report for Seacoast Science 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.