Sequachee Valley Electric Cares Inc
EIN: 621816387 · S Pittsburg, TN · NTEE: T30
| Metric | Value |
|---|---|
| Total Revenue | $167K |
| Total Expenses | $185K |
| Net Assets | $53K |
Is Sequachee Valley Electric Cares Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Sequachee Valley Electric Cares Inc
Sequachee Valley Electric Cares Inc (EIN: 621816387) is a nonprofit organization based in S Pittsburg, TN, classified under NTEE code T30. The organization reported total revenue of $167K and total assets of $40K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Sequachee Valley Electric Cares Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Sequachee Valley Electric Cares Inc is a small nonprofit that has been operating for 25 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 0.9%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $167K |
| Total Expenses | $185K |
| Surplus / Deficit | $-18,148 |
| Total Assets | $53K |
| Net Assets | $53K |
| Operating Margin | -10.8% |
| Months of Reserves | 3.4 months |
Financial Health Grade: B
In 2024, Sequachee Valley Electric Cares Inc reported a deficit of $18K with expenses exceeding revenue, holds 3.4 months of operating reserves (adequate).
Financial Trends
Over 14 years of filings (2011–2024), Sequachee Valley Electric Cares Inc's revenue has grown at a compound annual growth rate (CAGR) of 0.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +0.7% | +29.8% | -25.6% |
| 2023 | +1.1% | -18.1% | +48.7% |
| 2022 | +0.2% | +22.4% | -17.7% |
| 2021 | -0.4% | -20.2% | +59.0% |
| 2020 | -4.1% | +16.2% | -27.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2001 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Sequachee Valley Electric Cares Inc 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 Sequachee Valley Electric Cares Inc 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.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $18K, with expenses exceeding revenue.
Frequently Asked Questions about Sequachee Valley Electric Cares Inc
Is Sequachee Valley Electric Cares Inc a legitimate charity?
Sequachee Valley Electric Cares Inc (EIN: 621816387) is a registered tax-exempt nonprofit based in Tennessee. It has 14 years of IRS 990 filings on record. Total revenue: $167K. No red flags identified. Financial health grade: B.
How does Sequachee Valley Electric Cares Inc spend its money?
Sequachee Valley Electric Cares Inc reported $167K in total revenue in IRS 990 filings. 14 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Sequachee Valley Electric Cares Inc tax-deductible?
Sequachee Valley Electric Cares Inc is registered as a tax-exempt nonprofit (EIN: 621816387). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Sequachee Valley Electric Cares Inc located?
Sequachee Valley Electric Cares Inc is headquartered in S Pittsburg, Tennessee and files with the IRS under EIN 621816387. It is classified under NTEE code T30.
How many years of IRS 990 filings does Sequachee Valley Electric Cares Inc have?
Sequachee Valley Electric Cares Inc has 14 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 $167K in total revenue.
Filing History
IRS 990 filing history for Sequachee Valley Electric Cares Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Sequachee Valley Electric Cares Inc's revenue has grown by 11.9%, moving from $150K to $167K. Total assets increased by 356.4% over the same period, from $12K to $53K. Total functional expenses rose by 25.1%, from $148K to $185K. In its most recent filing year (2024), Sequachee Valley Electric Cares Inc reported a deficit of $18K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $167K | $185K | $53K | $0 | — | View 990 |
| 2023 | $166K | $143K | $71K | $0 | — | View 990 |
| 2022 | $164K | $174K | $48K | $0 | — | View 990 |
| 2021 | $164K | $143K | $58K | $0 | — | — |
| 2020 | $165K | $179K | $36K | $0 | — | View 990 |
| 2019 | $172K | $154K | $50K | $0 | — | View 990 |
| 2018 | $160K | $159K | $32K | $0 | — | — |
| 2017 | $159K | $152K | $32K | $0 | — | View 990 |
| 2016 | $158K | $150K | $25K | $0 | — | View 990 |
| 2015 | $157K | $152K | $17K | $0 | — | View 990 |
| 2014 | $155K | $161K | $12K | $0 | — | View 990 |
| 2013 | $155K | $143K | $18K | $0 | — | View 990 |
| 2012 | $152K | $158K | $6K | $0 | — | View 990 |
| 2011 | $150K | $148K | $12K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $167K, expenses of $185K, and assets of $53K (revenue +0.7% year-over-year).
- 2023: Revenue of $166K, expenses of $143K, and assets of $71K (revenue +1.1% year-over-year).
- 2022: Revenue of $164K, expenses of $174K, and assets of $48K (revenue +0.2% year-over-year).
- 2021: Revenue of $164K, expenses of $143K, and assets of $58K (revenue -0.4% year-over-year).
- 2020: Revenue of $165K, expenses of $179K, and assets of $36K (revenue -4.1% year-over-year).
- 2019: Revenue of $172K, expenses of $154K, and assets of $50K (revenue +7.5% year-over-year).
- 2018: Revenue of $160K, expenses of $159K, and assets of $32K (revenue +0.5% year-over-year).
- 2017: Revenue of $159K, expenses of $152K, and assets of $32K (revenue +0.4% year-over-year).
- 2016: Revenue of $158K, expenses of $150K, and assets of $25K (revenue +0.6% year-over-year).
- 2015: Revenue of $157K, expenses of $152K, and assets of $17K (revenue +1.5% year-over-year).
- 2014: Revenue of $155K, expenses of $161K, and assets of $12K (revenue -0.2% year-over-year).
- 2013: Revenue of $155K, expenses of $143K, and assets of $18K (revenue +2.1% year-over-year).
- 2012: Revenue of $152K, expenses of $158K, and assets of $6K (revenue +1.6% year-over-year).
- 2011: Revenue of $150K, expenses of $148K, and assets of $12K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Sequachee Valley Electric Cares Inc:
Data Sources and Methodology
This transparency report for Sequachee Valley Electric Cares 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.