Sears Chapel Endowment Incorporated
EIN: 43174397 · Washington, DC
| Metric | Value |
|---|---|
| Total Revenue | $535K |
| Total Expenses | $164K |
| Net Assets | $2.8M |
Is Sears Chapel Endowment Incorporated Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Sears Chapel Endowment Incorporated
Sears Chapel Endowment Incorporated (EIN: 43174397) is a nonprofit organization based in Washington, DC. The organization reported total revenue of $535K and total assets of $3.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Sears Chapel Endowment Incorporated's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Sears Chapel Endowment Incorporated is a small nonprofit that has been operating for 33 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 11.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $126K |
| Total Expenses | $164K |
| Surplus / Deficit | $-38,012 |
| Total Assets | $2.8M |
| Net Assets | $2.8M |
| Operating Margin | -30.1% |
| Months of Reserves | 203.0 months |
Financial Health Grade: B
In 2023, Sears Chapel Endowment Incorporated reported a deficit of $38K with expenses exceeding revenue, holds 203.0 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Sears Chapel Endowment Incorporated's revenue has grown at a compound annual growth rate (CAGR) of 11.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +17.6% | +94.9% | +4.8% |
| 2022 | -34.0% | -26.9% | -13.1% |
| 2021 | +15.2% | +63.2% | +11.3% |
| 2020 | +86.5% | +19.0% | +6.7% |
| 2019 | -29.1% | -15.9% | +16.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1993 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Sears Chapel Endowment Incorporated has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Sears Chapel Endowment Incorporated with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $38K, with expenses exceeding revenue.
Frequently Asked Questions about Sears Chapel Endowment Incorporated
Is Sears Chapel Endowment Incorporated a legitimate charity?
Sears Chapel Endowment Incorporated (EIN: 43174397) is a registered tax-exempt nonprofit based in Washington DC. It has 13 years of IRS 990 filings on record. Total revenue: $535K. No red flags identified. Financial health grade: B.
How does Sears Chapel Endowment Incorporated spend its money?
Sears Chapel Endowment Incorporated reported $535K in total revenue in IRS 990 filings. 13 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Sears Chapel Endowment Incorporated tax-deductible?
Sears Chapel Endowment Incorporated is registered as a tax-exempt nonprofit (EIN: 43174397). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Sears Chapel Endowment Incorporated located?
Sears Chapel Endowment Incorporated is headquartered in Washington, Washington DC and files with the IRS under EIN 43174397.
How many years of IRS 990 filings does Sears Chapel Endowment Incorporated have?
Sears Chapel Endowment Incorporated 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 $535K in total revenue.
Filing History
IRS 990 filing history for Sears Chapel Endowment Incorporated showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Sears Chapel Endowment Incorporated's revenue has grown by 250%, moving from $36K to $126K. Total assets increased by 499.5% over the same period, from $464K to $2.8M. Total functional expenses rose by 1518.8%, from $10K to $164K. In its most recent filing year (2023), Sears Chapel Endowment Incorporated reported a deficit of $38K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $126K | $164K | $2.8M | $0 | — | — |
| 2022 | $107K | $84K | $2.7M | $0 | — | View 990 |
| 2021 | $163K | $115K | $3.1M | $0 | — | View 990 |
| 2020 | $141K | $71K | $2.7M | $0 | — | — |
| 2019 | $76K | $59K | $2.6M | $0 | — | View 990 |
| 2018 | $107K | $71K | $2.2M | $0 | — | View 990 |
| 2017 | $3.3M | $45K | $4.0M | $0 | — | View 990 |
| 2016 | $166K | $26K | $607K | $0 | — | View 990 |
| 2015 | $16K | $21K | $361K | $0 | — | View 990 |
| 2014 | $25K | $6K | $390K | $0 | — | View 990 |
| 2013 | $26K | $46K | $377K | $0 | — | View 990 |
| 2012 | $38K | $136K | $378K | $0 | — | View 990 |
| 2011 | $36K | $10K | $464K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $126K, expenses of $164K, and assets of $2.8M (revenue +17.6% year-over-year).
- 2022: Revenue of $107K, expenses of $84K, and assets of $2.7M (revenue -34.0% year-over-year).
- 2021: Revenue of $163K, expenses of $115K, and assets of $3.1M (revenue +15.2% year-over-year).
- 2020: Revenue of $141K, expenses of $71K, and assets of $2.7M (revenue +86.5% year-over-year).
- 2019: Revenue of $76K, expenses of $59K, and assets of $2.6M (revenue -29.1% year-over-year).
- 2018: Revenue of $107K, expenses of $71K, and assets of $2.2M (revenue -96.7% year-over-year).
- 2017: Revenue of $3.3M, expenses of $45K, and assets of $4.0M (revenue +1856.6% year-over-year).
- 2016: Revenue of $166K, expenses of $26K, and assets of $607K (revenue +928.4% year-over-year).
- 2015: Revenue of $16K, expenses of $21K, and assets of $361K (revenue -34.7% year-over-year).
- 2014: Revenue of $25K, expenses of $6K, and assets of $390K (revenue -6.2% year-over-year).
- 2013: Revenue of $26K, expenses of $46K, and assets of $377K (revenue -29.8% year-over-year).
- 2012: Revenue of $38K, expenses of $136K, and assets of $378K (revenue +4.2% year-over-year).
- 2011: Revenue of $36K, expenses of $10K, and assets of $464K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Sears Chapel Endowment Incorporated:
Data Sources and Methodology
This transparency report for Sears Chapel Endowment Incorporated 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.