Sek Wet Se Corporation
EIN: 473435485 · North Bend, OR · NTEE: C30
Is Sek Wet Se Corporation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Sek Wet Se Corporation
Sek Wet Se Corporation (EIN: 473435485) is a nonprofit organization based in North Bend, OR, classified under NTEE code C30. The organization reported total revenue of $967K and total assets of $231K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Sek Wet Se Corporation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Analysis Pending
AI enrichment for Sek Wet Se Corporation 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 Sek Wet Se Corporation 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.
Frequently Asked Questions about Sek Wet Se Corporation
Is Sek Wet Se Corporation a legitimate charity?
Based on AI analysis of IRS 990 filings, Sek Wet Se Corporation (EIN: 473435485) insufficient data. 0 red flags identified, 0 strengths noted.
How does Sek Wet Se Corporation spend its money?
Detailed spending breakdown data is not yet available for Sek Wet Se Corporation. Check back for updated IRS 990 analysis.
Are donations to Sek Wet Se Corporation tax-deductible?
Sek Wet Se Corporation is registered as a tax-exempt nonprofit (EIN: 473435485). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Sek Wet Se Corporation showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2015–2021), Sek Wet Se Corporation's revenue has grown by 406.3%, moving from $191K to $967K. Total assets decreased by 97.3% over the same period, from $8.5M to $231K. Total functional expenses rose by 170.2%, from $466K to $1.3M. In its most recent filing year (2021), Sek Wet Se Corporation reported a deficit of $292K, with expenses exceeding revenue. The organization holds $8.7M in liabilities against $231K in assets (debt-to-asset ratio: 3758.7%), resulting in net assets of $-8,438,678.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2021 | $967K | $1.3M | $231K | $8.7M | — | View 990 |
| 2020 | $871K | $1.2M | $339K | $8.7M | — | View 990 |
| 2019 | $367K | $423K | $303K | $8.6M | — | View 990 |
| 2018 | $362K | $438K | $8.0M | $8.6M | — | View 990 |
| 2017 | $1.7M | $1.9M | $8.0M | $8.6M | — | View 990 |
| 2016 | $416K | $511K | $8.3M | $8.7M | — | View 990 |
| 2015 | $191K | $466K | $8.5M | $8.8M | — | View 990 |
Year-by-Year Financial Summary
- 2021: Revenue of $967K, expenses of $1.3M, and assets of $231K (revenue +11.0% year-over-year).
- 2020: Revenue of $871K, expenses of $1.2M, and assets of $339K (revenue +137.1% year-over-year).
- 2019: Revenue of $367K, expenses of $423K, and assets of $303K (revenue +1.5% year-over-year).
- 2018: Revenue of $362K, expenses of $438K, and assets of $8.0M (revenue -79.0% year-over-year).
- 2017: Revenue of $1.7M, expenses of $1.9M, and assets of $8.0M (revenue +313.8% year-over-year).
- 2016: Revenue of $416K, expenses of $511K, and assets of $8.3M (revenue +118.1% year-over-year).
- 2015: Revenue of $191K, expenses of $466K, and assets of $8.5M.
Data Sources and Methodology
This transparency report for Sek Wet Se Corporation 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.