Seward Redesign Inc
EIN: 237290844 · Minneapolis, MN · NTEE: A200
| Metric | Value |
|---|---|
| Total Revenue | $4.4M |
| Total Expenses | $2.8M |
| Net Assets | $11.4M |
Is Seward Redesign Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Seward Redesign Inc
Seward Redesign Inc (EIN: 237290844) is a nonprofit organization based in Minneapolis, MN, classified under NTEE code A200. The organization reported total revenue of $4.4M and total assets of $34.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Seward Redesign Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Seward Redesign Inc is a mid-size nonprofit that has been operating for 51 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 13.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $5.6M |
| Total Expenses | $2.8M |
| Surplus / Deficit | +$2.8M |
| Total Assets | $35.5M |
| Total Liabilities | $24.1M |
| Net Assets | $11.4M |
| Operating Margin | 49.5% |
| Debt-to-Asset Ratio | 68.0% |
| Months of Reserves | 151.1 months |
Financial Health Grade: A
In 2023, Seward Redesign Inc reported a surplus of $2.8M with revenue exceeding expenses, holds 151.1 months of operating reserves (strong position), has a debt-to-asset ratio of 68.0% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Seward Redesign Inc's revenue has grown at a compound annual growth rate (CAGR) of 13.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -4.4% | +39.8% | +79.0% |
| 2022 | +121.7% | +8.7% | +12.9% |
| 2021 | +49.9% | +11.9% | +47.7% |
| 2020 | +2.3% | -10.0% | +8.3% |
| 2019 | -32.5% | +9.2% | +1.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1975 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Seward Redesign 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 Seward Redesign 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $2.8M, with revenue exceeding expenses.
- Debt-to-asset ratio: 68.0%.
Frequently Asked Questions about Seward Redesign Inc
Is Seward Redesign Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Seward Redesign Inc (EIN: 237290844) insufficient data. 0 red flags identified, 0 strengths noted.
How does Seward Redesign Inc spend its money?
Detailed spending breakdown data is not yet available for Seward Redesign Inc. Check back for updated IRS 990 analysis.
Are donations to Seward Redesign Inc tax-deductible?
Seward Redesign Inc is registered as a tax-exempt nonprofit (EIN: 237290844). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Seward Redesign Inc located?
Seward Redesign Inc is headquartered in Minneapolis, Minnesota and files with the IRS under EIN 237290844. It is classified under NTEE code A200.
How many years of IRS 990 filings does Seward Redesign Inc have?
Seward Redesign 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 $4.4M in total revenue.
Filing History
IRS 990 filing history for Seward Redesign Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Seward Redesign Inc's revenue has grown by 332.5%, moving from $1.3M to $5.6M. Total assets increased by 344% over the same period, from $8.0M to $35.5M. Total functional expenses rose by 124.9%, from $1.3M to $2.8M. In its most recent filing year (2023), Seward Redesign Inc reported a surplus of $2.8M, with revenue exceeding expenses. The organization holds $24.1M in liabilities against $35.5M in assets (debt-to-asset ratio: 68.0%), resulting in net assets of $11.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $5.6M | $2.8M | $35.5M | $24.1M | — | — |
| 2022 | $5.8M | $2.0M | $19.8M | $11.1M | — | — |
| 2021 | $2.6M | $1.9M | $17.6M | $12.2M | — | View 990 |
| 2020 | $1.8M | $1.7M | $11.9M | $7.4M | — | — |
| 2019 | $1.7M | $1.8M | $11.0M | $6.6M | — | View 990 |
| 2018 | $2.5M | $1.7M | $10.8M | $6.3M | — | View 990 |
| 2017 | $2.6M | $1.4M | $10.0M | $6.4M | — | View 990 |
| 2016 | $1.3M | $1.3M | $7.6M | $5.1M | — | View 990 |
| 2015 | $1.4M | $1.3M | $8.6M | $4.9M | — | View 990 |
| 2014 | $1.6M | $1.4M | $9.1M | $5.3M | — | View 990 |
| 2013 | $2.0M | $1.4M | $9.0M | $5.4M | — | View 990 |
| 2012 | $1.6M | $1.2M | $7.9M | $4.9M | — | View 990 |
| 2011 | $1.3M | $1.3M | $8.0M | $5.4M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $5.6M, expenses of $2.8M, and assets of $35.5M (revenue -4.4% year-over-year).
- 2022: Revenue of $5.8M, expenses of $2.0M, and assets of $19.8M (revenue +121.7% year-over-year).
- 2021: Revenue of $2.6M, expenses of $1.9M, and assets of $17.6M (revenue +49.9% year-over-year).
- 2020: Revenue of $1.8M, expenses of $1.7M, and assets of $11.9M (revenue +2.3% year-over-year).
- 2019: Revenue of $1.7M, expenses of $1.8M, and assets of $11.0M (revenue -32.5% year-over-year).
- 2018: Revenue of $2.5M, expenses of $1.7M, and assets of $10.8M (revenue -3.1% year-over-year).
- 2017: Revenue of $2.6M, expenses of $1.4M, and assets of $10.0M (revenue +95.8% year-over-year).
- 2016: Revenue of $1.3M, expenses of $1.3M, and assets of $7.6M (revenue -4.5% year-over-year).
- 2015: Revenue of $1.4M, expenses of $1.3M, and assets of $8.6M (revenue -10.9% year-over-year).
- 2014: Revenue of $1.6M, expenses of $1.4M, and assets of $9.1M (revenue -22.6% year-over-year).
- 2013: Revenue of $2.0M, expenses of $1.4M, and assets of $9.0M (revenue +24.4% year-over-year).
- 2012: Revenue of $1.6M, expenses of $1.2M, and assets of $7.9M (revenue +26.7% year-over-year).
- 2011: Revenue of $1.3M, expenses of $1.3M, and assets of $8.0M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Seward Redesign Inc:
Data Sources and Methodology
This transparency report for Seward Redesign 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.