Seacoast Waldorf Association
Seacoast Waldorf Association maintains strong assets but experienced a deficit in its latest fiscal year.
EIN: 20497925 · Eliot, ME · NTEE: B20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.8M |
| Total Expenses | $1.7M |
| Program Spending | 80% |
| Net Assets | $1.5M |
| Transparency Score | 85/100 |
Search Intent Cockpit
Seacoast Waldorf Association Form 990, Revenue, CEO Pay, and IRS Filing Signals
Seacoast Waldorf Association 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 Waldorf Association in one place.
Form 990 Filing Summary
12 filing years are available, with latest revenue of $1.5M and expenses of $1.7M.
Revenue and Expenses
Seacoast Waldorf Association reported $1.5M in revenue and $1.7M in expenses, a deficit of $188K.
Executive Compensation
Officer, director, trustee, and key employee pay is reviewed from IRS 990 compensation disclosures when present.
Charity Score and Red Flags
85/100 mission score, 2 red flags, and 4 strengths are shown from structured and AI review.
Is Seacoast Waldorf Association Legit?
Some 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 | $1.4M (80%) |
Across stored filings, Seacoast Waldorf Association 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 | Some Concerns | Good filing record; 2 red flags identified |
| Mission spend | 80% to programs | Excellent |
| Financial durability | Grade C | 12 stored filing years |
| Peer context | Compare with Maine Composite Materials Applied Technology Development Center | Maine and Education context |
Trust Check
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80% of spending goes to programs.
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Seacoast Waldorf Association directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Seacoast Waldorf Association
Seacoast Waldorf Association (EIN: 20497925) is a nonprofit organization based in Eliot, ME, classified under NTEE code B20. The organization reported total revenue of $1.8M and total assets of $2.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Seacoast Waldorf Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Seacoast Waldorf Association is a mid-size nonprofit that has been operating for 27 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 13.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.5M |
| Total Expenses | $1.7M |
| Surplus / Deficit | $-187,904 |
| Total Assets | $3.1M |
| Total Liabilities | $1.7M |
| Net Assets | $1.5M |
| Operating Margin | -12.3% |
| Debt-to-Asset Ratio | 53.1% |
| Months of Reserves | 21.9 months |
Financial Health Grade: C
In 2023, Seacoast Waldorf Association reported a deficit of $188K with expenses exceeding revenue, holds 21.9 months of operating reserves (strong position), has a debt-to-asset ratio of 53.1% (high leverage).
Financial Trends
Over 12 years of filings (2012–2023), Seacoast Waldorf Association's revenue has grown at a compound annual growth rate (CAGR) of 13.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -0.3% | +19.8% | +6.9% |
| 2022 | +12.4% | +19.3% | -3.2% |
| 2021 | +18.6% | -0.7% | +7.2% |
| 2020 | +2.0% | -0.7% | -1.7% |
| 2019 | +5.1% | +21.5% | -3.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1999 |
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 Waldorf Association 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Seacoast Waldorf Association allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $188K, with expenses exceeding revenue.
- Debt-to-asset ratio: 53.1%.
Executive Compensation Analysis
The Seacoast Waldorf Association consistently reports 0% officer compensation across all available filings, indicating that its leadership is either unpaid or compensated through other means not categorized as officer compensation, which is a positive sign for minimizing overhead.
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 Waldorf Association's IRS 990 filings:
- Expenses exceeded revenue in the latest fiscal year (202306), with $1,712,346 in expenses against $1,524,442 in revenue.
- Occasional deficits in prior years (e.g., 202006, 201906) suggest a need for consistent monitoring of operational costs relative to income.
Strengths
The following positive indicators were identified for Seacoast Waldorf Association:
- Strong and growing asset base, consistently exceeding liabilities (e.g., $3,121,849 assets vs. $1,658,282 liabilities in 202306).
- Consistent filing of IRS Form 990s (12 filings), demonstrating transparency and accountability.
- No reported officer compensation across all filings, indicating a commitment to minimizing executive overhead.
- General upward trend in revenue over the past several years, showing strong fundraising capabilities.
Frequently Asked Questions about Seacoast Waldorf Association
Is Seacoast Waldorf Association a legitimate charity?
Seacoast Waldorf Association (EIN: 20497925) is a registered tax-exempt nonprofit based in Maine. Our AI analysis gives it a Mission Score of 85/100. It has 12 years of IRS 990 filings on record. Total revenue: $1.8M. 2 red flags identified. 4 strengths noted. Financial health grade: C.
How does Seacoast Waldorf Association spend its money?
Seacoast Waldorf Association directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Seacoast Waldorf Association tax-deductible?
Seacoast Waldorf Association is registered as a tax-exempt nonprofit (EIN: 20497925). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Seacoast Waldorf Association's spending goes to programs?
Seacoast Waldorf Association directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Seacoast Waldorf Association compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Seacoast Waldorf Association 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 Waldorf Association located?
Seacoast Waldorf Association is headquartered in Eliot, Maine and files with the IRS under EIN 20497925. It is classified under NTEE code B20.
How many years of IRS 990 filings does Seacoast Waldorf Association have?
Seacoast Waldorf Association has 12 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 $1.8M in total revenue.
Is Seacoast Waldorf Association a good charity?
Based on the available data, Seacoast Waldorf Association appears to be a good charity. It maintains a strong asset base, consistently files its IRS 990s, and reports no officer compensation, suggesting a focus on its mission rather than executive pay. While there have been periods where expenses exceeded revenue, its overall financial health and transparency are positive.
What is the trend in Seacoast Waldorf Association's revenue?
Seacoast Waldorf Association has shown a general upward trend in revenue from $839,775 in 201706 to a peak of $1,528,984 in 202206, before a slight decrease to $1,524,442 in 202306. This indicates consistent growth in its funding capacity over recent years.
How does Seacoast Waldorf Association's assets compare to its liabilities?
The organization consistently maintains assets significantly higher than its liabilities. For example, in 202306, assets were $3,121,849 while liabilities were $1,658,282, demonstrating a healthy balance sheet and financial stability.
Filing History
IRS 990 filing history for Seacoast Waldorf Association showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Seacoast Waldorf Association's revenue has grown by 308%, moving from $374K to $1.5M. Total assets increased by 285.9% over the same period, from $809K to $3.1M. Total functional expenses rose by 344.9%, from $385K to $1.7M. In its most recent filing year (2023), Seacoast Waldorf Association reported a deficit of $188K, with expenses exceeding revenue. The organization holds $1.7M in liabilities against $3.1M in assets (debt-to-asset ratio: 53.1%), resulting in net assets of $1.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.5M | $1.7M | $3.1M | $1.7M | — | View 990 |
| 2022 | $1.5M | $1.4M | $2.9M | $1.3M | — | View 990 |
| 2021 | $1.4M | $1.2M | $3.0M | $1.4M | — | View 990 |
| 2020 | $1.1M | $1.2M | $2.8M | $1.4M | — | View 990 |
| 2019 | $1.1M | $1.2M | $2.9M | $1.4M | — | View 990 |
| 2018 | $1.1M | $999K | $3.0M | $1.4M | — | View 990 |
| 2017 | $840K | $743K | $2.4M | $966K | — | View 990 |
| 2016 | $1.7M | $691K | $1.8M | $463K | — | View 990 |
| 2015 | $415K | $641K | $810K | $412K | — | View 990 |
| 2014 | $458K | $463K | $1.2M | $863K | — | View 990 |
| 2013 | $405K | $368K | $1.2M | $761K | — | View 990 |
| 2012 | $374K | $385K | $809K | $238K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.5M, expenses of $1.7M, and assets of $3.1M (revenue -0.3% year-over-year).
- 2022: Revenue of $1.5M, expenses of $1.4M, and assets of $2.9M (revenue +12.4% year-over-year).
- 2021: Revenue of $1.4M, expenses of $1.2M, and assets of $3.0M (revenue +18.6% year-over-year).
- 2020: Revenue of $1.1M, expenses of $1.2M, and assets of $2.8M (revenue +2.0% year-over-year).
- 2019: Revenue of $1.1M, expenses of $1.2M, and assets of $2.9M (revenue +5.1% year-over-year).
- 2018: Revenue of $1.1M, expenses of $999K, and assets of $3.0M (revenue +27.4% year-over-year).
- 2017: Revenue of $840K, expenses of $743K, and assets of $2.4M (revenue -49.7% year-over-year).
- 2016: Revenue of $1.7M, expenses of $691K, and assets of $1.8M (revenue +302.4% year-over-year).
- 2015: Revenue of $415K, expenses of $641K, and assets of $810K (revenue -9.4% year-over-year).
- 2014: Revenue of $458K, expenses of $463K, and assets of $1.2M (revenue +13.0% year-over-year).
- 2013: Revenue of $405K, expenses of $368K, and assets of $1.2M (revenue +8.5% year-over-year).
- 2012: Revenue of $374K, expenses of $385K, and assets of $809K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Seacoast Waldorf Association:
Data Sources and Methodology
This transparency report for Seacoast Waldorf Association 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.