Secure Community Network Inc
Secure Community Network Inc. shows rapid revenue growth and zero reported officer compensation over a decade.
EIN: 201437733 · Chicago, IL · NTEE: M20 · Updated: 2026-03-28
Is Secure Community Network Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Secure Community Network Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Secure Community Network Inc
Secure Community Network Inc (EIN: 201437733) is a nonprofit organization based in Chicago, IL, classified under NTEE code M20. The organization reported total revenue of $27.4M and total assets of $7.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Secure Community Network Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Secure Community Network Inc is a large nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 41.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $25.3M |
| Total Expenses | $21.4M |
| Surplus / Deficit | +$3.9M |
| Total Assets | $6.9M |
| Total Liabilities | $1.8M |
| Net Assets | $5.2M |
| Operating Margin | 15.5% |
| Debt-to-Asset Ratio | 25.2% |
| Months of Reserves | 3.9 months |
Financial Health Grade: A
In 2023, Secure Community Network Inc reported a surplus of $3.9M with revenue exceeding expenses, holds 3.9 months of operating reserves (adequate), has a debt-to-asset ratio of 25.2% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Secure Community Network Inc's revenue has grown at a compound annual growth rate (CAGR) of 41.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +73.8% | +48.0% | +51.2% |
| 2022 | +58.4% | +74.7% | +197.1% |
| 2021 | +86.1% | +57.0% | +83.3% |
| 2020 | +31.9% | +60.0% | +22.6% |
| 2019 | +94.0% | +79.0% | +61.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
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 Secure Community Network Inc with a Mission Score of 95 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, Secure Community Network 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 $3.9M, with revenue exceeding expenses.
- Debt-to-asset ratio: 25.2%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings from 2014 to 2023, indicating that no compensation was paid to officers, directors, trustees, or key employees, which is highly unusual for an organization of its size and growth.
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 Secure Community Network Inc's IRS 990 filings:
- Unusually low or zero reported officer compensation for an organization of this size and growth, which might warrant further investigation into how leadership is compensated or structured.
Strengths
The following positive indicators were identified for Secure Community Network Inc:
- Exceptional revenue growth from $502,919 in 2014 to $25,305,278 in 2023.
- Consistent reporting of 0% officer compensation, indicating strong commitment to mission-focused spending.
- Healthy asset-to-liability ratio, demonstrating strong financial stability.
- Consistent positive net assets growth over the past decade.
Frequently Asked Questions about Secure Community Network Inc
Is Secure Community Network Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Secure Community Network Inc (EIN: 201437733) some concerns. Mission Score: 95/100. 1 red flag identified, 4 strengths noted.
How does Secure Community Network Inc spend its money?
Secure Community Network Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Secure Community Network Inc tax-deductible?
Secure Community Network Inc is registered as a tax-exempt nonprofit (EIN: 201437733). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Secure Community Network Inc. financially stable?
Yes, the organization appears financially stable, with assets of $6,948,032 significantly exceeding liabilities of $1,753,949 in 2023, and a consistent trend of asset growth.
How has Secure Community Network Inc.'s revenue changed over time?
Secure Community Network Inc. has experienced explosive revenue growth, increasing from $502,919 in 2014 to $25,305,278 in 2023, demonstrating substantial expansion.
Does Secure Community Network Inc. pay its executives?
Based on the available IRS 990 data, Secure Community Network Inc. consistently reports 0% officer compensation, suggesting no salaries were paid to its officers, directors, trustees, or key employees.
What is the organization's spending efficiency?
The organization appears highly efficient, with expenses generally tracking closely with revenue, and a strong likelihood of a high percentage of funds being directed to program services, especially given the 0% officer compensation.
Filing History
IRS 990 filing history for Secure Community Network Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Secure Community Network Inc's revenue has grown by 6370.4%, moving from $391K to $25.3M. Total assets increased by 32204.4% over the same period, from $22K to $6.9M. Total functional expenses rose by 6068.7%, from $347K to $21.4M. In its most recent filing year (2023), Secure Community Network Inc reported a surplus of $3.9M, with revenue exceeding expenses. The organization holds $1.8M in liabilities against $6.9M in assets (debt-to-asset ratio: 25.2%), resulting in net assets of $5.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $25.3M | $21.4M | $6.9M | $1.8M | — | — |
| 2022 | $14.6M | $14.4M | $4.6M | $3.3M | — | View 990 |
| 2021 | $9.2M | $8.3M | $1.5M | $397K | — | View 990 |
| 2020 | $4.9M | $5.3M | $844K | $620K | — | View 990 |
| 2019 | $3.7M | $3.3M | $688K | $140K | — | View 990 |
| 2018 | $1.9M | $1.8M | $427K | $334K | — | View 990 |
| 2017 | $1.2M | $1.3M | $43K | $42K | — | View 990 |
| 2016 | $839K | $882K | $77K | $39K | — | View 990 |
| 2015 | $730K | $650K | $93K | $12K | — | View 990 |
| 2014 | $503K | $511K | $4K | $2K | — | View 990 |
| 2013 | $438K | $467K | $9K | $0 | — | View 990 |
| 2012 | $434K | $417K | $39K | $0 | — | View 990 |
| 2011 | $391K | $347K | $22K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $25.3M, expenses of $21.4M, and assets of $6.9M (revenue +73.8% year-over-year).
- 2022: Revenue of $14.6M, expenses of $14.4M, and assets of $4.6M (revenue +58.4% year-over-year).
- 2021: Revenue of $9.2M, expenses of $8.3M, and assets of $1.5M (revenue +86.1% year-over-year).
- 2020: Revenue of $4.9M, expenses of $5.3M, and assets of $844K (revenue +31.9% year-over-year).
- 2019: Revenue of $3.7M, expenses of $3.3M, and assets of $688K (revenue +94.0% year-over-year).
- 2018: Revenue of $1.9M, expenses of $1.8M, and assets of $427K (revenue +57.2% year-over-year).
- 2017: Revenue of $1.2M, expenses of $1.3M, and assets of $43K (revenue +46.3% year-over-year).
- 2016: Revenue of $839K, expenses of $882K, and assets of $77K (revenue +15.1% year-over-year).
- 2015: Revenue of $730K, expenses of $650K, and assets of $93K (revenue +45.1% year-over-year).
- 2014: Revenue of $503K, expenses of $511K, and assets of $4K (revenue +14.9% year-over-year).
- 2013: Revenue of $438K, expenses of $467K, and assets of $9K (revenue +0.8% year-over-year).
- 2012: Revenue of $434K, expenses of $417K, and assets of $39K (revenue +11.0% year-over-year).
- 2011: Revenue of $391K, expenses of $347K, and assets of $22K.
Data Sources and Methodology
This transparency report for Secure Community Network 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.