See Ya Later Foundation Inc
See Ya Later Foundation Inc shows consistent revenue growth and strong program spending with no officer compensation.
EIN: 204525402 · Mcminnville, OR · NTEE: B82 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $832K |
| Total Expenses | $379K |
| Program Spending | 85% |
| Net Assets | $597K |
| Transparency Score | 88/100 |
Is See Ya Later Foundation Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
See Ya Later Foundation Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About See Ya Later Foundation Inc
See Ya Later Foundation Inc (EIN: 204525402) is a nonprofit organization based in Mcminnville, OR, classified under NTEE code B82. The organization reported total revenue of $832K and total assets of $407K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of See Ya Later Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
See Ya Later Foundation Inc is a small 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 11.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $421K |
| Total Expenses | $379K |
| Surplus / Deficit | +$42K |
| Total Assets | $607K |
| Total Liabilities | $10K |
| Net Assets | $597K |
| Operating Margin | 10.0% |
| Debt-to-Asset Ratio | 1.6% |
| Months of Reserves | 19.2 months |
Financial Health Grade: A
In 2023, See Ya Later Foundation Inc reported a surplus of $42K with revenue exceeding expenses, holds 19.2 months of operating reserves (strong position), has a debt-to-asset ratio of 1.6% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), See Ya Later Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 11.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +5.7% | +8.3% | +8.9% |
| 2022 | +1.1% | +31.0% | +9.4% |
| 2021 | +98.9% | +27.9% | +33.0% |
| 2020 | -25.9% | -17.7% | -2.7% |
| 2019 | +15.6% | +31.5% | +2.8% |
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 See Ya Later Foundation Inc with a Mission Score of 88 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, See Ya Later Foundation Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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 $42K, with revenue exceeding expenses.
- Debt-to-asset ratio: 1.6%.
Executive Compensation Analysis
Executive compensation has consistently been reported as 0% across all available filings, indicating that the organization's leadership is either volunteer-based or compensated through other means not classified as officer compensation, which is a positive sign for donor confidence given the organization's revenue levels.
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 See Ya Later Foundation Inc:
- Consistent revenue growth, increasing from $197,986 in 2020 to $420,724 in 2023.
- Healthy asset growth, reaching $607,133 in 2023.
- Zero reported officer compensation across all available filings, indicating efficient use of funds.
- Low liabilities relative to assets, demonstrating strong financial stability.
- Consistent positive net income (revenue exceeding expenses) in most recent years, such as $41,957 in 2023.
Frequently Asked Questions about See Ya Later Foundation Inc
Is See Ya Later Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, See Ya Later Foundation Inc (EIN: 204525402) appears legitimate. Mission Score: 88/100. 0 red flags identified, 5 strengths noted.
How does See Ya Later Foundation Inc spend its money?
See Ya Later Foundation Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to See Ya Later Foundation Inc tax-deductible?
See Ya Later Foundation Inc is registered as a tax-exempt nonprofit (EIN: 204525402). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of See Ya Later Foundation Inc's spending goes to programs?
See Ya Later Foundation Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does See Ya Later Foundation Inc compare to similar nonprofits?
With a transparency score of 88/100 (Excellent), See Ya Later Foundation Inc is above average for NTEE category B82 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is See Ya Later Foundation Inc located?
See Ya Later Foundation Inc is headquartered in Mcminnville, Oregon and files with the IRS under EIN 204525402. It is classified under NTEE code B82.
How many years of IRS 990 filings does See Ya Later Foundation Inc have?
See Ya Later Foundation 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 $832K in total revenue.
Is See Ya Later Foundation Inc a good charity?
Based on the provided data, See Ya Later Foundation Inc appears to be a good charity. It demonstrates consistent revenue growth, healthy asset accumulation, and a strong commitment to its mission, evidenced by zero officer compensation and a high proportion of expenses likely directed to programs.
How has the organization's revenue trended over the past few years?
The organization has shown positive revenue growth, increasing from $197,986 in 2020 to $420,724 in 2023, indicating a growing capacity to fund its programs.
What is the financial stability of See Ya Later Foundation Inc?
The foundation appears financially stable, with assets consistently exceeding liabilities by a significant margin (e.g., $607,133 in assets vs. $9,914 in liabilities in 2023). This suggests a healthy balance sheet and good financial management.
Filing History
IRS 990 filing history for See Ya Later Foundation Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), See Ya Later Foundation Inc's revenue has grown by 270%, moving from $114K to $421K. Total assets increased by 311.8% over the same period, from $147K to $607K. Total functional expenses rose by 318.6%, from $90K to $379K. In its most recent filing year (2023), See Ya Later Foundation Inc reported a surplus of $42K, with revenue exceeding expenses. The organization holds $10K in liabilities against $607K in assets (debt-to-asset ratio: 1.6%), resulting in net assets of $597K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $421K | $379K | $607K | $10K | — | — |
| 2022 | $398K | $350K | $557K | $2K | — | — |
| 2021 | $394K | $267K | $509K | $3K | — | View 990 |
| 2020 | $198K | $209K | $383K | $3K | — | View 990 |
| 2019 | $267K | $254K | $394K | $3K | — | View 990 |
| 2018 | $231K | $193K | $383K | $6K | — | View 990 |
| 2017 | $258K | $189K | $341K | $3K | — | — |
| 2016 | $190K | $177K | $271K | $1K | — | View 990 |
| 2015 | $229K | $179K | $258K | $16K | — | View 990 |
| 2014 | $212K | $200K | $192K | $258 | — | View 990 |
| 2013 | $197K | $157K | $181K | $369 | — | View 990 |
| 2012 | $125K | $132K | $141K | $670 | — | View 990 |
| 2011 | $114K | $90K | $147K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $421K, expenses of $379K, and assets of $607K (revenue +5.7% year-over-year).
- 2022: Revenue of $398K, expenses of $350K, and assets of $557K (revenue +1.1% year-over-year).
- 2021: Revenue of $394K, expenses of $267K, and assets of $509K (revenue +98.9% year-over-year).
- 2020: Revenue of $198K, expenses of $209K, and assets of $383K (revenue -25.9% year-over-year).
- 2019: Revenue of $267K, expenses of $254K, and assets of $394K (revenue +15.6% year-over-year).
- 2018: Revenue of $231K, expenses of $193K, and assets of $383K (revenue -10.5% year-over-year).
- 2017: Revenue of $258K, expenses of $189K, and assets of $341K (revenue +35.7% year-over-year).
- 2016: Revenue of $190K, expenses of $177K, and assets of $271K (revenue -17.0% year-over-year).
- 2015: Revenue of $229K, expenses of $179K, and assets of $258K (revenue +8.3% year-over-year).
- 2014: Revenue of $212K, expenses of $200K, and assets of $192K (revenue +7.3% year-over-year).
- 2013: Revenue of $197K, expenses of $157K, and assets of $181K (revenue +57.6% year-over-year).
- 2012: Revenue of $125K, expenses of $132K, and assets of $141K (revenue +10.2% year-over-year).
- 2011: Revenue of $114K, expenses of $90K, and assets of $147K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for See Ya Later Foundation Inc:
Data Sources and Methodology
This transparency report for See Ya Later Foundation 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.