Shared Enterprise Management Inc
Shared Enterprise Management Inc. consistently operates at a deficit, drawing down assets over the past decade.
EIN: 208228651 · Lafayette, IN · NTEE: S19 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $429K |
| Total Expenses | $518K |
| Program Spending | 80% |
| Net Assets | $5.0M |
| Transparency Score | 65/100 |
Is Shared Enterprise Management Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Shared Enterprise Management Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Shared Enterprise Management Inc
Shared Enterprise Management Inc (EIN: 208228651) is a nonprofit organization based in Lafayette, IN, classified under NTEE code S19. The organization reported total revenue of $429K and total assets of $4.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Shared Enterprise Management Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Shared Enterprise Management Inc is a small nonprofit that has been operating for 18 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 0.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $384K |
| Total Expenses | $518K |
| Surplus / Deficit | $-134,669 |
| Total Assets | $5.0M |
| Total Liabilities | $16K |
| Net Assets | $5.0M |
| Operating Margin | -35.1% |
| Debt-to-Asset Ratio | 0.3% |
| Months of Reserves | 116.5 months |
Financial Health Grade: B
In 2023, Shared Enterprise Management Inc reported a deficit of $135K with expenses exceeding revenue, holds 116.5 months of operating reserves (strong position), has a debt-to-asset ratio of 0.3% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Shared Enterprise Management Inc's revenue has grown at a compound annual growth rate (CAGR) of 0.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +12.2% | +2.8% | -2.7% |
| 2022 | +20.2% | +12.8% | -3.4% |
| 2021 | -15.0% | -11.4% | -3.2% |
| 2020 | -21.5% | -1.5% | -2.6% |
| 2019 | +4.0% | +1.7% | -1.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2008 |
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 Shared Enterprise Management Inc with a Mission Score of 65 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Shared Enterprise Management Inc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $135K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.3%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that the organization's leadership is either unpaid or compensated through non-officer roles, which is a strong positive for minimizing administrative costs relative to its size and 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 Shared Enterprise Management Inc's IRS 990 filings:
- Consistent operational deficits over a decade (e.g., 2023 expenses $518,237 vs. revenue $383,568)
- Steady decline in total assets (from $6,512,230 in 2014 to $5,031,523 in 2023)
Strengths
The following positive indicators were identified for Shared Enterprise Management Inc:
- Zero reported officer compensation across all filings, indicating low executive overhead.
- Maintains substantial assets ($5,031,523 in 2023) despite consistent deficits.
Frequently Asked Questions about Shared Enterprise Management Inc
Is Shared Enterprise Management Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Shared Enterprise Management Inc (EIN: 208228651) some concerns. Mission Score: 65/100. 2 red flags identified, 2 strengths noted.
How does Shared Enterprise Management Inc spend its money?
Shared Enterprise Management Inc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Shared Enterprise Management Inc tax-deductible?
Shared Enterprise Management Inc is registered as a tax-exempt nonprofit (EIN: 208228651). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Shared Enterprise Management Inc's spending goes to programs?
Shared Enterprise Management Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Shared Enterprise Management Inc compare to similar nonprofits?
With a transparency score of 65/100 (Good), Shared Enterprise Management Inc is above average for NTEE category S19 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Shared Enterprise Management Inc located?
Shared Enterprise Management Inc is headquartered in Lafayette, Indiana and files with the IRS under EIN 208228651. It is classified under NTEE code S19.
How many years of IRS 990 filings does Shared Enterprise Management Inc have?
Shared Enterprise Management 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 $429K in total revenue.
Is Shared Enterprise Management Inc. financially sustainable given its consistent deficits?
The organization has consistently spent more than it earns, leading to a steady decline in assets from $6,512,230 in 2014 to $5,031,523 in 2023. While it still holds significant assets, this trend raises concerns about long-term financial sustainability without a change in revenue or expense patterns.
What is the primary source of funding for Shared Enterprise Management Inc.?
The provided data only shows 'Revenue' without specific breakdowns. Given the consistent operational deficits, it's crucial to understand if the revenue is primarily from program services, contributions, or investment income, and how the organization plans to address the gap between revenue and expenses.
How does the organization cover its operational deficits?
The consistent decline in assets suggests that the organization is covering its operational deficits by drawing down on its existing asset base. This is not a sustainable long-term strategy without a corresponding increase in revenue or reduction in expenses.
Filing History
IRS 990 filing history for Shared Enterprise Management Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Shared Enterprise Management Inc's revenue has grown by 8.9%, moving from $352K to $384K. Total assets decreased by 24.2% over the same period, from $6.6M to $5.0M. Total functional expenses fell by 12.3%, from $591K to $518K. In its most recent filing year (2023), Shared Enterprise Management Inc reported a deficit of $135K, with expenses exceeding revenue. The organization holds $16K in liabilities against $5.0M in assets (debt-to-asset ratio: 0.3%), resulting in net assets of $5.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $384K | $518K | $5.0M | $16K | — | View 990 |
| 2022 | $342K | $504K | $5.2M | $18K | — | View 990 |
| 2021 | $284K | $447K | $5.4M | $39K | — | View 990 |
| 2020 | $335K | $505K | $5.5M | $54K | — | View 990 |
| 2019 | $426K | $513K | $5.7M | $29K | — | View 990 |
| 2018 | $410K | $504K | $5.7M | $12K | — | View 990 |
| 2017 | $388K | $490K | $5.9M | $48K | — | View 990 |
| 2016 | $365K | $470K | $6.0M | $76K | — | View 990 |
| 2015 | $424K | $554K | $6.3M | $251K | — | View 990 |
| 2014 | $417K | $496K | $6.5M | $355K | — | View 990 |
| 2013 | $266K | $493K | $6.6M | $379K | — | View 990 |
| 2012 | $301K | $462K | $6.5M | $4K | — | View 990 |
| 2011 | $352K | $591K | $6.6M | $14K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $384K, expenses of $518K, and assets of $5.0M (revenue +12.2% year-over-year).
- 2022: Revenue of $342K, expenses of $504K, and assets of $5.2M (revenue +20.2% year-over-year).
- 2021: Revenue of $284K, expenses of $447K, and assets of $5.4M (revenue -15.0% year-over-year).
- 2020: Revenue of $335K, expenses of $505K, and assets of $5.5M (revenue -21.5% year-over-year).
- 2019: Revenue of $426K, expenses of $513K, and assets of $5.7M (revenue +4.0% year-over-year).
- 2018: Revenue of $410K, expenses of $504K, and assets of $5.7M (revenue +5.7% year-over-year).
- 2017: Revenue of $388K, expenses of $490K, and assets of $5.9M (revenue +6.3% year-over-year).
- 2016: Revenue of $365K, expenses of $470K, and assets of $6.0M (revenue -14.0% year-over-year).
- 2015: Revenue of $424K, expenses of $554K, and assets of $6.3M (revenue +1.7% year-over-year).
- 2014: Revenue of $417K, expenses of $496K, and assets of $6.5M (revenue +56.8% year-over-year).
- 2013: Revenue of $266K, expenses of $493K, and assets of $6.6M (revenue -11.7% year-over-year).
- 2012: Revenue of $301K, expenses of $462K, and assets of $6.5M (revenue -14.5% year-over-year).
- 2011: Revenue of $352K, expenses of $591K, and assets of $6.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Shared Enterprise Management Inc:
Data Sources and Methodology
This transparency report for Shared Enterprise Management 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.