Seacoast United Foundation
Seacoast United Foundation faces severe financial decline with minimal revenue and increasing liabilities.
EIN: 20465503 · Epping, NH · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $588 |
| Total Expenses | $1K |
| Program Spending | 70% |
| Net Assets | $30 |
| Transparency Score | 30/100 |
Search Intent Cockpit
Seacoast United Foundation Form 990, Revenue, CEO Pay, and IRS Filing Signals
Seacoast United Foundation is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around Seacoast United Foundation in one place.
Form 990 Filing Summary
13 filing years are available, with latest revenue of $588 and expenses of $1K.
Revenue and Expenses
Seacoast United Foundation reported $588 in revenue and $1K in expenses, a deficit of $844.
Executive Compensation
Officer, director, trustee, and key employee pay is reviewed from IRS 990 compensation disclosures when present.
Charity Score and Red Flags
30/100 mission score, 4 red flags, and 1 strength are shown from structured and AI review.
Is Seacoast United Foundation Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
IRS 990 Data Cockpit
Where the Money Comes From and Where It Goes
Revenue Source Mix
Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.
Expense Deployment
| Program services | $1K (70%) |
Across stored filings, Seacoast United Foundation shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.
Decision Cockpit
One-Stop Donor, Research, and Peer Context Hub
| Decision Lens | Signal | What to Inspect Next |
|---|---|---|
| Legitimacy | Significant Concerns | Good filing record; 4 red flags identified |
| Mission spend | 70% to programs | Good |
| Financial durability | Grade C | 13 stored filing years |
| Peer context | Compare with Hellenic Society Paideia Of New Hampshire | New Hampshire and category context |
Trust Check
Review legitimacy, deductibility, red flags, and filing consistency.
Open charity check →Peer Benchmark
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Compare with Hellenic Society Paideia Of New Hampshire →All New Hampshire nonprofits
Local and Sector Spokes
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Epping, NH nonprofitsFollow the Money
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Keep the Investigation Moving
Seacoast United Foundation directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Seacoast United Foundation
Seacoast United Foundation (EIN: 20465503) is a nonprofit organization based in Epping, NH. The organization reported total revenue of $588 and total assets of $26K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Seacoast United Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Seacoast United Foundation is a micro nonprofit that has been operating for 32 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -52.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $588 |
| Total Expenses | $1K |
| Surplus / Deficit | $-844 |
| Total Assets | $26K |
| Total Liabilities | $26K |
| Net Assets | $30 |
| Operating Margin | -143.5% |
| Debt-to-Asset Ratio | 99.9% |
| Months of Reserves | 220.0 months |
Financial Health Grade: C
In 2023, Seacoast United Foundation reported a deficit of $844 with expenses exceeding revenue, holds 220.0 months of operating reserves (strong position), has a debt-to-asset ratio of 99.9% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Seacoast United Foundation's revenue has declined at a compound annual growth rate (CAGR) of -52.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -92.3% | -71.6% | +267.6% |
| 2022 | -88.5% | -95.6% | — |
| 2021 | +151.5% | +76.9% | -100.0% |
| 2020 | -75.4% | -47.9% | -46.3% |
| 2019 | -1.6% | +1.0% | -11.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1994 |
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 United Foundation with a Mission Score of 30 out of 100 (Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, Seacoast United Foundation allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $844, with expenses exceeding revenue.
- Debt-to-asset ratio: 99.9%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers are receiving compensation, which is a positive for resource allocation given the organization's small and declining financial scale.
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 United Foundation's IRS 990 filings:
- Consistently declining revenue, dropping to $588 in 202306 from over $100,000 in prior years.
- Persistent operating deficits, with expenses consistently exceeding revenue across multiple filing periods.
- High liabilities relative to assets, with liabilities ($26,229) nearly matching assets ($26,259) in 202306.
- Significant reduction in total assets from $274,166 in 201406 to $26,259 in 202306.
Strengths
The following positive indicators were identified for Seacoast United Foundation:
- 0% officer compensation reported across all available filings, indicating no executive salaries are drawing from limited funds.
Frequently Asked Questions about Seacoast United Foundation
Is Seacoast United Foundation a legitimate charity?
Seacoast United Foundation (EIN: 20465503) is a registered tax-exempt nonprofit based in New Hampshire. Our AI analysis gives it a Mission Score of 30/100. It has 13 years of IRS 990 filings on record. Total revenue: $588. 4 red flags identified. 1 strength noted. Financial health grade: C.
How does Seacoast United Foundation spend its money?
Seacoast United Foundation directs 70% of its spending to programs and services. Fundraising costs 10%. This meets the 65% industry benchmark.
Are donations to Seacoast United Foundation tax-deductible?
Seacoast United Foundation is registered as a tax-exempt nonprofit (EIN: 20465503). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Seacoast United Foundation's spending goes to programs?
Seacoast United Foundation directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
Where is Seacoast United Foundation located?
Seacoast United Foundation is headquartered in Epping, New Hampshire and files with the IRS under EIN 20465503.
How many years of IRS 990 filings does Seacoast United Foundation have?
Seacoast United Foundation 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 $588 in total revenue.
Is Seacoast United Foundation a good charity?
Based on the provided financial data, the organization is in a very precarious financial state with consistently declining revenue and significant operating deficits. While officer compensation is 0%, the overall financial health raises serious concerns about its ability to effectively deliver on its mission.
Why has the revenue dropped so drastically in recent years?
The revenue has plummeted from $109,653 in 201806 to just $588 in 202306. This drastic decline suggests a significant loss of funding sources or a substantial reduction in operational activities, which is a critical concern for the organization's viability.
What is the organization's plan to address its consistent operating deficits?
The organization has consistently reported expenses exceeding revenue for many years (e.g., $1,432 expenses vs. $588 revenue in 202306; $114,151 expenses vs. $66,727 revenue in 202106). Without a clear strategy to generate more revenue or significantly cut expenses, its long-term sustainability is questionable.
How are the current assets being utilized given the high liabilities?
In 202306, assets were $26,259 and liabilities were $26,229, leaving very little net assets. This indicates that nearly all of the organization's assets are offset by its debts, severely limiting its financial flexibility and capacity for program investment.
Filing History
IRS 990 filing history for Seacoast United Foundation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Seacoast United Foundation's revenue has declined by 100%, moving from $4.4M to $588. Total assets decreased by 99.6% over the same period, from $5.9M to $26K. Total functional expenses fell by 100%, from $4.2M to $1K. In its most recent filing year (2023), Seacoast United Foundation reported a deficit of $844, with expenses exceeding revenue. The organization holds $26K in liabilities against $26K in assets (debt-to-asset ratio: 99.9%), resulting in net assets of $30.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $588 | $1K | $26K | $26K | — | — |
| 2022 | $8K | $5K | $7K | $6K | — | — |
| 2021 | $67K | $114K | $0 | $2K | — | — |
| 2020 | $27K | $65K | $56K | $10K | — | View 990 |
| 2019 | $108K | $124K | $104K | $20K | — | View 990 |
| 2018 | $110K | $123K | $117K | $18K | — | View 990 |
| 2017 | $130K | $181K | $136K | $23K | — | — |
| 2016 | $49K | $134K | $185K | $21K | — | View 990 |
| 2015 | $99K | $124K | $249K | $0 | — | View 990 |
| 2014 | $93K | $113K | $274K | $0 | — | View 990 |
| 2013 | $80K | $79K | $294K | $0 | — | View 990 |
| 2012 | $-996,274 | $543K | $294K | $0 | — | View 990 |
| 2011 | $4.4M | $4.2M | $5.9M | $4.1M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $588, expenses of $1K, and assets of $26K (revenue -92.3% year-over-year).
- 2022: Revenue of $8K, expenses of $5K, and assets of $7K (revenue -88.5% year-over-year).
- 2021: Revenue of $67K, expenses of $114K, and assets of $0 (revenue +151.5% year-over-year).
- 2020: Revenue of $27K, expenses of $65K, and assets of $56K (revenue -75.4% year-over-year).
- 2019: Revenue of $108K, expenses of $124K, and assets of $104K (revenue -1.6% year-over-year).
- 2018: Revenue of $110K, expenses of $123K, and assets of $117K (revenue -15.6% year-over-year).
- 2017: Revenue of $130K, expenses of $181K, and assets of $136K (revenue +167.1% year-over-year).
- 2016: Revenue of $49K, expenses of $134K, and assets of $185K (revenue -50.7% year-over-year).
- 2015: Revenue of $99K, expenses of $124K, and assets of $249K (revenue +6.0% year-over-year).
- 2014: Revenue of $93K, expenses of $113K, and assets of $274K (revenue +16.6% year-over-year).
- 2013: Revenue of $80K, expenses of $79K, and assets of $294K.
- 2012: Revenue of $-996,274, expenses of $543K, and assets of $294K (revenue -122.4% year-over-year).
- 2011: Revenue of $4.4M, expenses of $4.2M, and assets of $5.9M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Seacoast United Foundation:
Data Sources and Methodology
This transparency report for Seacoast United Foundation 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.