Self Chec Inc
Self Chec Inc. faces severe financial instability with dwindling assets and consistent net losses in recent years.
EIN: 134058313 · Redding, CT · NTEE: G30 · Updated: 2026-03-28
About Self Chec Inc
Self Chec Inc (EIN: 134058313) is a nonprofit organization based in Redding, CT, classified under NTEE code G30. The organization reported total revenue of $8K and total assets of $2K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Self Chec Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Self Chec Inc with a Mission Score of 30 out of 100 (Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, Self Chec Inc allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Executive Compensation Analysis
Executive compensation has consistently been reported as 0% across all available filings, indicating that leadership is either unpaid or compensated through other means not reported as officer compensation, which is a positive sign for resource allocation given the organization's financial struggles.
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 Self Chec Inc's IRS 990 filings:
- Significant decline in assets from $208,933 in 2013 to $1,950 currently.
- Consistent net losses in most recent years (e.g., $1,617 revenue vs. $18,317 expenses in 2021).
- Extremely low current assets ($1,950) relative to historical levels and operational needs.
- Latest revenue of $7,776 is very low, indicating limited operational capacity.
Strengths
The following positive indicators were identified for Self Chec Inc:
- No officer compensation reported across all filings, indicating efficient use of funds at the executive level.
Frequently Asked Questions about Self Chec Inc
Is Self Chec Inc. financially sustainable?
Based on the provided data, Self Chec Inc. does not appear financially sustainable. Its assets have significantly declined from $208,933 in 2013 to $1,950 currently, and it has frequently reported expenses exceeding revenue in recent years, such as $18,317 in expenses against $1,617 in revenue in 2021.
What caused the significant drop in assets?
The data shows a consistent pattern of expenses exceeding revenue in many years, particularly between 2019 and 2021, where expenses were $40,825, $33,616, and $18,317 respectively, while revenues were significantly lower. This sustained operational deficit likely led to the depletion of assets from a high of $208,933 in 2013 to $1,000 in 2023.
How does the organization fund its operations?
With current assets at $1,950 and recent revenues being very low (e.g., $3,196 in 2022), it is unclear how the organization sustains its operations. The historical data suggests a reliance on past reserves which have now been largely depleted.
Filing History
IRS 990 filing history for Self Chec Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Self Chec Inc's revenue has grown by 25.5%, moving from $11K to $14K. Total assets decreased by 91.9% over the same period, from $12K to $1K. Total functional expenses rose by 21.3%, from $11K to $13K. In its most recent filing year (2023), Self Chec Inc reported a surplus of $1K, with revenue exceeding expenses. The organization holds $1 in liabilities against $1K in assets (debt-to-asset ratio: 0.1%), resulting in net assets of $999.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $14K | $13K | $1K | $1 | — | — |
| 2022 | $3K | $3K | $1 | $1 | — | View 990 |
| 2021 | $2K | $18K | $139K | $12K | — | — |
| 2020 | $2K | $34K | $156K | $12K | — | — |
| 2019 | $5K | $41K | $185K | $10K | — | View 990 |
| 2015 | $2K | $16K | $179K | $1 | — | View 990 |
| 2014 | $2K | $19K | $193K | $90 | — | View 990 |
| 2013 | $321K | $128K | $209K | $1 | — | View 990 |
| 2012 | $9K | $5K | $16K | $1 | — | View 990 |
| 2011 | $11K | $11K | $12K | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $14K, expenses of $13K, and assets of $1K (revenue +340.3% year-over-year).
- 2022: Revenue of $3K, expenses of $3K, and assets of $1 (revenue +97.6% year-over-year).
- 2021: Revenue of $2K, expenses of $18K, and assets of $139K (revenue -26.6% year-over-year).
- 2020: Revenue of $2K, expenses of $34K, and assets of $156K (revenue -55.1% year-over-year).
- 2019: Revenue of $5K, expenses of $41K, and assets of $185K (revenue +149.3% year-over-year).
- 2015: Revenue of $2K, expenses of $16K, and assets of $179K (revenue -17.0% year-over-year).
- 2014: Revenue of $2K, expenses of $19K, and assets of $193K (revenue -99.3% year-over-year).
- 2013: Revenue of $321K, expenses of $128K, and assets of $209K (revenue +3611.0% year-over-year).
- 2012: Revenue of $9K, expenses of $5K, and assets of $16K (revenue -22.9% year-over-year).
- 2011: Revenue of $11K, expenses of $11K, and assets of $12K.
Data Sources and Methodology
This transparency report for Self Chec 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.