Seaview Association Of Fire Island N Y Inc
Seaview Association maintains consistent financial health with no reported officer compensation.
EIN: 111956189 · New York, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $3.2M |
| Total Expenses | $2.8M |
| Program Spending | 90% |
| CEO/Top Officer Pay | $2 |
| Net Assets | $5.8M |
| Transparency Score | 92/100 |
Is Seaview Association Of Fire Island N Y Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Seaview Association Of Fire Island N Y Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Seaview Association Of Fire Island N Y Inc
Seaview Association Of Fire Island N Y Inc (EIN: 111956189) is a nonprofit organization based in New York, NY. The organization reported total revenue of $3.2M and total assets of $8.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Seaview Association Of Fire Island N Y Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Seaview Association Of Fire Island N Y Inc is a mid-size nonprofit that has been operating for 66 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.9M |
| Total Expenses | $2.8M |
| Surplus / Deficit | +$73K |
| Total Assets | $7.4M |
| Total Liabilities | $1.5M |
| Net Assets | $5.8M |
| Operating Margin | 2.5% |
| Debt-to-Asset Ratio | 20.7% |
| Months of Reserves | 31.3 months |
Financial Health Grade: A
In 2023, Seaview Association Of Fire Island N Y Inc reported a surplus of $73K with revenue exceeding expenses, holds 31.3 months of operating reserves (strong position), has a debt-to-asset ratio of 20.7% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Seaview Association Of Fire Island N Y Inc's revenue has grown at a compound annual growth rate (CAGR) of 3.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +19.0% | +11.7% | +2.7% |
| 2022 | -18.9% | +2.0% | -0.7% |
| 2021 | +27.3% | +11.3% | +4.2% |
| 2020 | +0.3% | -1.2% | -3.9% |
| 2019 | +4.3% | +20.3% | -0.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1300 |
| IRS Ruling Date | 1960 |
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 Seaview Association Of Fire Island N Y Inc with a Mission Score of 92 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Seaview Association Of Fire Island N Y Inc allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% 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 surplus of $73K, with revenue exceeding expenses.
- Debt-to-asset ratio: 20.7%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that officers either serve on a volunteer basis or their compensation falls below IRS reporting thresholds, which is highly favorable for a nonprofit of its size with annual revenues consistently above $2 million.
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.
Strengths
The following positive indicators were identified for Seaview Association Of Fire Island N Y Inc:
- Consistent operational surpluses, such as $72,950 in 2023 ($2,893,218 revenue vs. $2,820,268 expenses).
- Steady growth in assets, from $5,810,080 in 2014 to $7,353,586 in 2023.
- 0% reported officer compensation across all filings, indicating high efficiency in resource allocation.
- Manageable liabilities relative to assets, with liabilities decreasing from a high of $2,724,211 in 2016 to $1,521,303 in 2023.
- Long history of consistent IRS 990 filings (13 filings), demonstrating transparency and compliance.
Frequently Asked Questions about Seaview Association Of Fire Island N Y Inc
Is Seaview Association Of Fire Island N Y Inc a legitimate charity?
Seaview Association Of Fire Island N Y Inc (EIN: 111956189) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 92/100. It has 13 years of IRS 990 filings on record. Total revenue: $3.2M. No red flags identified. 5 strengths noted. Financial health grade: A.
How does Seaview Association Of Fire Island N Y Inc spend its money?
Seaview Association Of Fire Island N Y Inc directs 90% of its spending to programs and services. Fundraising costs 3%. This exceeds the 65% industry benchmark.
Are donations to Seaview Association Of Fire Island N Y Inc tax-deductible?
Seaview Association Of Fire Island N Y Inc is registered as a tax-exempt nonprofit (EIN: 111956189). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Seaview Association Of Fire Island N Y Inc CEO make?
Seaview Association Of Fire Island N Y Inc's highest-compensated officer earns $2 annually. The organization reported $3.2M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Seaview Association Of Fire Island N Y Inc's spending goes to programs?
Seaview Association Of Fire Island N Y Inc directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Seaview Association Of Fire Island N Y Inc located?
Seaview Association Of Fire Island N Y Inc is headquartered in New York, New York and files with the IRS under EIN 111956189.
How many years of IRS 990 filings does Seaview Association Of Fire Island N Y Inc have?
Seaview Association Of Fire Island N Y 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 $3.2M in total revenue.
Is Seaview Association Of Fire Island N Y Inc a good charity?
Based on the available financial data, Seaview Association Of Fire Island N Y Inc appears to be a very well-managed organization. It consistently generates surpluses, has growing assets, and notably reports 0% officer compensation, suggesting a strong commitment to directing funds towards its mission.
How has the organization's financial health changed over the last decade?
Over the last decade, Seaview Association Of Fire Island N Y Inc has shown consistent financial growth and stability. Revenues have increased from $1,852,481 in 2014 to $2,893,218 in 2023, and assets have grown from $5,810,080 to $7,353,586 in the same period, indicating robust financial management.
What is the trend in the organization's liabilities?
Liabilities have fluctuated over the decade, peaking at $2,724,211 in 2016 and decreasing to $1,521,303 in 2023. This trend suggests effective management of debt and financial obligations relative to its growing asset base.
Filing History
IRS 990 filing history for Seaview Association Of Fire Island N Y Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Seaview Association Of Fire Island N Y Inc's revenue has grown by 50.2%, moving from $1.9M to $2.9M. Total assets increased by 68.3% over the same period, from $4.4M to $7.4M. Total functional expenses rose by 113.9%, from $1.3M to $2.8M. In its most recent filing year (2023), Seaview Association Of Fire Island N Y Inc reported a surplus of $73K, with revenue exceeding expenses. The organization holds $1.5M in liabilities against $7.4M in assets (debt-to-asset ratio: 20.7%), resulting in net assets of $5.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.9M | $2.8M | $7.4M | $1.5M | — | — |
| 2022 | $2.4M | $2.5M | $7.2M | $1.4M | — | View 990 |
| 2021 | $3.0M | $2.5M | $7.2M | $1.4M | — | View 990 |
| 2020 | $2.4M | $2.2M | $6.9M | $1.6M | — | View 990 |
| 2019 | $2.3M | $2.3M | $7.2M | $2.0M | — | View 990 |
| 2018 | $2.3M | $1.9M | $7.2M | $2.1M | — | View 990 |
| 2017 | $2.2M | $1.8M | $7.4M | $2.6M | — | View 990 |
| 2016 | $2.1M | $1.7M | $7.1M | $2.7M | — | View 990 |
| 2015 | $2.0M | $1.6M | $6.5M | $2.5M | — | View 990 |
| 2014 | $1.9M | $1.6M | $5.8M | $2.2M | — | View 990 |
| 2013 | $2.0M | $1.6M | $5.5M | $2.2M | — | View 990 |
| 2012 | $1.9M | $1.7M | $5.0M | $2.3M | — | View 990 |
| 2011 | $1.9M | $1.3M | $4.4M | $1.8M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.9M, expenses of $2.8M, and assets of $7.4M (revenue +19.0% year-over-year).
- 2022: Revenue of $2.4M, expenses of $2.5M, and assets of $7.2M (revenue -18.9% year-over-year).
- 2021: Revenue of $3.0M, expenses of $2.5M, and assets of $7.2M (revenue +27.3% year-over-year).
- 2020: Revenue of $2.4M, expenses of $2.2M, and assets of $6.9M (revenue +0.3% year-over-year).
- 2019: Revenue of $2.3M, expenses of $2.3M, and assets of $7.2M (revenue +4.3% year-over-year).
- 2018: Revenue of $2.3M, expenses of $1.9M, and assets of $7.2M (revenue +4.4% year-over-year).
- 2017: Revenue of $2.2M, expenses of $1.8M, and assets of $7.4M (revenue +3.9% year-over-year).
- 2016: Revenue of $2.1M, expenses of $1.7M, and assets of $7.1M (revenue +2.2% year-over-year).
- 2015: Revenue of $2.0M, expenses of $1.6M, and assets of $6.5M (revenue +9.6% year-over-year).
- 2014: Revenue of $1.9M, expenses of $1.6M, and assets of $5.8M (revenue -8.8% year-over-year).
- 2013: Revenue of $2.0M, expenses of $1.6M, and assets of $5.5M (revenue +9.8% year-over-year).
- 2012: Revenue of $1.9M, expenses of $1.7M, and assets of $5.0M (revenue -3.9% year-over-year).
- 2011: Revenue of $1.9M, expenses of $1.3M, and assets of $4.4M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Seaview Association Of Fire Island N Y Inc:
Data Sources and Methodology
This transparency report for Seaview Association Of Fire Island N Y 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.