Seraphic Fire Inc
Seraphic Fire Inc. maintains stable assets despite fluctuating annual operating results and reports no officer compensation.
EIN: 200725426 · Miami, FL · NTEE: P20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $2.0M |
| Total Expenses | $2.2M |
| Program Spending | 80% |
| CEO/Top Officer Pay | $2 |
| Net Assets | $1.5M |
| Transparency Score | 85/100 |
Is Seraphic Fire Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Seraphic Fire Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Seraphic Fire Inc
Seraphic Fire Inc (EIN: 200725426) is a nonprofit organization based in Miami, FL, classified under NTEE code P20. The organization reported total revenue of $2.0M and total assets of $1.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Seraphic Fire Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Seraphic Fire Inc is a mid-size nonprofit that has been operating for 22 years, with 13 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of 3.8%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.9M |
| Total Expenses | $2.2M |
| Surplus / Deficit | $-241,909 |
| Total Assets | $1.8M |
| Total Liabilities | $259K |
| Net Assets | $1.5M |
| Operating Margin | -12.6% |
| Debt-to-Asset Ratio | 14.6% |
| Months of Reserves | 9.9 months |
Financial Health Grade: B
In 2024, Seraphic Fire Inc reported a deficit of $242K with expenses exceeding revenue, holds 9.9 months of operating reserves (strong position), has a debt-to-asset ratio of 14.6% (very low leverage).
Financial Trends
Over 13 years of filings (2012–2024), Seraphic Fire Inc's revenue has grown at a compound annual growth rate (CAGR) of 3.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -9.6% | -4.4% | +0.3% |
| 2023 | -14.8% | +21.8% | -17.9% |
| 2022 | +81.7% | +41.9% | +41.3% |
| 2021 | -17.2% | -24.0% | +23.3% |
| 2020 | -15.8% | +1.7% | +0.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2004 |
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 Seraphic Fire Inc with a Mission Score of 85 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: 80%
- fundraising: 10%
According to IRS 990 filings, Seraphic Fire Inc allocates its expenses as follows: admin: 10%, programs: 80%, fundraising: 10%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $242K, with expenses exceeding revenue.
- Debt-to-asset ratio: 14.6%.
Executive Compensation Analysis
Seraphic Fire Inc. consistently reports 0% officer compensation across all available IRS 990 filings, indicating that no salaries are paid to its officers, which is highly unusual for an organization of its size with over $2 million in annual revenue.
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 Seraphic Fire Inc's IRS 990 filings:
- Consistent operating deficits in recent years (202405, 202305) could indicate a need for closer monitoring of revenue generation or expense management.
Strengths
The following positive indicators were identified for Seraphic Fire Inc:
- Consistent reporting of 0% officer compensation, indicating strong commitment to mission-focused spending.
- Significant growth in assets over time, from $308,753 in 201605 to $1,774,135 in 202405, demonstrating financial health.
- Healthy asset-to-liability ratio, with assets consistently much higher than liabilities (e.g., 202405: Assets $1,774,135 vs. Liabilities $259,164).
Frequently Asked Questions about Seraphic Fire Inc
Is Seraphic Fire Inc a legitimate charity?
Seraphic Fire Inc (EIN: 200725426) is a registered tax-exempt nonprofit based in Florida. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $2.0M. 1 red flag identified. 3 strengths noted. Financial health grade: B.
How does Seraphic Fire Inc spend its money?
Seraphic Fire Inc directs 80% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to Seraphic Fire Inc tax-deductible?
Seraphic Fire Inc is registered as a tax-exempt nonprofit (EIN: 200725426). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Seraphic Fire Inc CEO make?
Seraphic Fire Inc's highest-compensated officer earns $2 annually. The organization reported $2.0M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Seraphic Fire Inc's spending goes to programs?
Seraphic Fire Inc directs 80% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Seraphic Fire Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Seraphic Fire Inc is above average for NTEE category P20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Seraphic Fire Inc located?
Seraphic Fire Inc is headquartered in Miami, Florida and files with the IRS under EIN 200725426. It is classified under NTEE code P20.
How many years of IRS 990 filings does Seraphic Fire Inc have?
Seraphic Fire 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 $2.0M in total revenue.
Is Seraphic Fire Inc. financially stable?
Yes, despite some years with operating deficits, Seraphic Fire Inc. has consistently grown its assets from $308,753 in 201605 to $1,774,135 in 202405, indicating long-term financial stability.
How does Seraphic Fire Inc. manage executive compensation?
Seraphic Fire Inc. reports 0% officer compensation in all available filings, meaning no salaries are paid to its officers, which is a significant indicator of resource allocation towards its mission.
What is the trend in Seraphic Fire Inc.'s revenue and expenses?
Seraphic Fire Inc.'s revenue and expenses fluctuate year-to-year, with some periods showing surpluses (e.g., 202205: Revenue $2,487,283 vs. Expenses $1,852,715) and others showing deficits (e.g., 202405: Revenue $1,915,296 vs. Expenses $2,157,205).
Filing History
IRS 990 filing history for Seraphic Fire Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2024), Seraphic Fire Inc's revenue has grown by 55.8%, moving from $1.2M to $1.9M. Total assets increased by 797.2% over the same period, from $198K to $1.8M. Total functional expenses rose by 89%, from $1.1M to $2.2M. In its most recent filing year (2024), Seraphic Fire Inc reported a deficit of $242K, with expenses exceeding revenue. The organization holds $259K in liabilities against $1.8M in assets (debt-to-asset ratio: 14.6%), resulting in net assets of $1.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $1.9M | $2.2M | $1.8M | $259K | — | View 990 |
| 2023 | $2.1M | $2.3M | $1.8M | $175K | — | View 990 |
| 2022 | $2.5M | $1.9M | $2.2M | $305K | — | View 990 |
| 2021 | $1.4M | $1.3M | $1.5M | $296K | — | — |
| 2020 | $1.7M | $1.7M | $1.2M | $232K | — | View 990 |
| 2019 | $2.0M | $1.7M | $1.2M | $178K | — | View 990 |
| 2018 | $1.6M | $1.6M | $1.1M | $302K | — | View 990 |
| 2017 | $2.1M | $1.6M | $986K | $290K | — | View 990 |
| 2016 | $1.5M | $1.6M | $309K | $215K | — | View 990 |
| 2015 | $1.6M | $1.6M | $341K | $195K | — | View 990 |
| 2014 | $1.4M | $1.4M | $349K | $152K | — | View 990 |
| 2013 | $1.3M | $1.2M | $351K | $144K | — | View 990 |
| 2012 | $1.2M | $1.1M | $198K | $55K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $1.9M, expenses of $2.2M, and assets of $1.8M (revenue -9.6% year-over-year).
- 2023: Revenue of $2.1M, expenses of $2.3M, and assets of $1.8M (revenue -14.8% year-over-year).
- 2022: Revenue of $2.5M, expenses of $1.9M, and assets of $2.2M (revenue +81.7% year-over-year).
- 2021: Revenue of $1.4M, expenses of $1.3M, and assets of $1.5M (revenue -17.2% year-over-year).
- 2020: Revenue of $1.7M, expenses of $1.7M, and assets of $1.2M (revenue -15.8% year-over-year).
- 2019: Revenue of $2.0M, expenses of $1.7M, and assets of $1.2M (revenue +23.5% year-over-year).
- 2018: Revenue of $1.6M, expenses of $1.6M, and assets of $1.1M (revenue -25.8% year-over-year).
- 2017: Revenue of $2.1M, expenses of $1.6M, and assets of $986K (revenue +39.8% year-over-year).
- 2016: Revenue of $1.5M, expenses of $1.6M, and assets of $309K (revenue -3.8% year-over-year).
- 2015: Revenue of $1.6M, expenses of $1.6M, and assets of $341K (revenue +17.4% year-over-year).
- 2014: Revenue of $1.4M, expenses of $1.4M, and assets of $349K (revenue +6.9% year-over-year).
- 2013: Revenue of $1.3M, expenses of $1.2M, and assets of $351K (revenue +3.4% year-over-year).
- 2012: Revenue of $1.2M, expenses of $1.1M, and assets of $198K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Seraphic Fire Inc:
Data Sources and Methodology
This transparency report for Seraphic Fire 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.