Seele Foundation
Seele Foundation maintains strong asset growth and low liabilities with no reported officer compensation.
EIN: 205861027 · Oakley, KS · NTEE: T22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $271K |
| Total Expenses | $120K |
| Program Spending | 85% |
| CEO/Top Officer Pay | $2 |
| Net Assets | $2.0M |
| Transparency Score | 90/100 |
Is Seele Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Seele Foundation directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Seele Foundation
Seele Foundation (EIN: 205861027) is a nonprofit organization based in Oakley, KS, classified under NTEE code T22. The organization reported total revenue of $271K and total assets of $2.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Seele Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Seele Foundation is a small nonprofit that has been operating for 19 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 9.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $230K |
| Total Expenses | $120K |
| Surplus / Deficit | +$111K |
| Total Assets | $2.0M |
| Total Liabilities | $1 |
| Net Assets | $2.0M |
| Operating Margin | 48.0% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 196.3 months |
Financial Health Grade: A
In 2023, Seele Foundation reported a surplus of $111K with revenue exceeding expenses, holds 196.3 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Seele Foundation's revenue has grown at a compound annual growth rate (CAGR) of 9.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -32.0% | +5.9% | +6.0% |
| 2022 | +138.8% | +24.5% | +13.9% |
| 2021 | -3.7% | -1.9% | +3.2% |
| 2020 | +13.9% | +8.4% | +13.0% |
| 2016 | -13.5% | +5.1% | +3.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
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 Seele Foundation with a Mission Score of 90 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, Seele Foundation 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 $111K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
The Seele Foundation consistently reports 0% officer compensation across all available filings, indicating that executive leadership is either entirely volunteer-based or compensated through mechanisms not categorized as officer compensation on the 990, which is highly unusual for an organization of its size with over $2 million in assets.
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 Seele Foundation's IRS 990 filings:
- Unusually low or 0% reported officer compensation, which might obscure how leadership is supported or compensated if not truly volunteer.
Strengths
The following positive indicators were identified for Seele Foundation:
- Consistent asset growth, reaching $2,076,293 in the latest period.
- Extremely low liabilities, often reported as $1, indicating strong financial management.
- Expenses consistently well below revenue, allowing for significant reinvestment and asset accumulation.
- No reported officer compensation, suggesting high efficiency in directing funds to programs.
Frequently Asked Questions about Seele Foundation
Is Seele Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Seele Foundation (EIN: 205861027) some concerns. Mission Score: 90/100. 1 red flag identified, 4 strengths noted.
How does Seele Foundation spend its money?
Seele Foundation directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Seele Foundation tax-deductible?
Seele Foundation is registered as a tax-exempt nonprofit (EIN: 205861027). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Seele Foundation CEO make?
Seele Foundation's highest-compensated officer earns $2 annually. The organization reported $271K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Seele Foundation's spending goes to programs?
Seele Foundation directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Seele Foundation compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Seele Foundation is above average for NTEE category T22 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Seele Foundation located?
Seele Foundation is headquartered in Oakley, Kansas and files with the IRS under EIN 205861027. It is classified under NTEE code T22.
How many years of IRS 990 filings does Seele Foundation have?
Seele Foundation has 10 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 $271K in total revenue.
Is Seele Foundation a good charity?
Based on the available financial data, Seele Foundation appears to be a very good charity. It demonstrates strong financial health with growing assets ($2,076,293), low liabilities (often $1), and a consistent history of expenses being significantly lower than revenue. The reported 0% officer compensation is also a strong indicator of resources being directed towards the mission.
How has Seele Foundation's revenue trended?
Seele Foundation's revenue has shown a generally positive trend over the long term, increasing from $76,766 in 2011 to $271,279 in the latest period. While there was a peak of $811,831 in 2012 and a recent dip from $338,427 in 2022 to $230,238 in 2023, the overall trajectory indicates growth and sustainability.
What is the financial stability of Seele Foundation?
The Seele Foundation exhibits excellent financial stability. Its assets have consistently grown, reaching over $2 million, while liabilities have remained extremely low (often $1). This strong asset base and minimal debt indicate a very secure financial position.
Filing History
IRS 990 filing history for Seele Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Seele Foundation's revenue has grown by 199.9%, moving from $77K to $230K. Total assets increased by 352.6% over the same period, from $433K to $2.0M. Total functional expenses rose by 516.7%, from $19K to $120K. In its most recent filing year (2023), Seele Foundation reported a surplus of $111K, with revenue exceeding expenses. The organization holds $1 in liabilities against $2.0M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $2.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $230K | $120K | $2.0M | $1 | — | View 990 |
| 2022 | $338K | $113K | $1.8M | $438 | — | View 990 |
| 2021 | $142K | $91K | $1.6M | $1 | — | View 990 |
| 2020 | $147K | $93K | $1.6M | $288 | — | View 990 |
| 2016 | $129K | $85K | $1.4M | $1 | — | View 990 |
| 2015 | $149K | $81K | $1.3M | $1 | — | View 990 |
| 2014 | $135K | $76K | $1.3M | $1 | — | View 990 |
| 2013 | $51K | $51K | $1.2M | $0 | — | View 990 |
| 2012 | $812K | $24K | $1.2M | $0 | — | View 990 |
| 2011 | $77K | $19K | $433K | $255 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $230K, expenses of $120K, and assets of $2.0M (revenue -32.0% year-over-year).
- 2022: Revenue of $338K, expenses of $113K, and assets of $1.8M (revenue +138.8% year-over-year).
- 2021: Revenue of $142K, expenses of $91K, and assets of $1.6M (revenue -3.7% year-over-year).
- 2020: Revenue of $147K, expenses of $93K, and assets of $1.6M (revenue +13.9% year-over-year).
- 2016: Revenue of $129K, expenses of $85K, and assets of $1.4M (revenue -13.5% year-over-year).
- 2015: Revenue of $149K, expenses of $81K, and assets of $1.3M (revenue +10.5% year-over-year).
- 2014: Revenue of $135K, expenses of $76K, and assets of $1.3M (revenue +162.6% year-over-year).
- 2013: Revenue of $51K, expenses of $51K, and assets of $1.2M (revenue -93.7% year-over-year).
- 2012: Revenue of $812K, expenses of $24K, and assets of $1.2M (revenue +957.5% year-over-year).
- 2011: Revenue of $77K, expenses of $19K, and assets of $433K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Seele Foundation:
Data Sources and Methodology
This transparency report for Seele Foundation 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.