Siatech Inc
Siatech Inc. shows fluctuating operating results with recent deficits, but consistent asset growth and no reported officer compensation.
EIN: 200898502 · Oceanside, CA · NTEE: B29 · Updated: 2026-03-28
Is Siatech Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Siatech Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Siatech Inc
Siatech Inc (EIN: 200898502) is a nonprofit organization based in Oceanside, CA, classified under NTEE code B29. The organization reported total revenue of $24.4M and total assets of $10.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Siatech 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 Siatech 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: 85%
- fundraising: 5%
According to IRS 990 filings, Siatech Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Siatech Inc. consistently reports 0% officer compensation across all available IRS 990 filings, indicating that no compensation is paid to officers, which is highly favorable for donor perception and resource allocation to programs.
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 Siatech Inc's IRS 990 filings:
- Operating deficits in recent fiscal years (2022 and 2023) where expenses exceeded revenue.
Strengths
The following positive indicators were identified for Siatech Inc:
- Consistent reporting of 0% officer compensation, indicating efficient use of funds for mission.
- Significant growth in assets over the past decade, from $2.5 million in 2015 to over $10 million in 2023.
- Long history of IRS 990 filings (13 filings), demonstrating consistent transparency and compliance.
Frequently Asked Questions about Siatech Inc
Is Siatech Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Siatech Inc (EIN: 200898502) some concerns. Mission Score: 85/100. 1 red flag identified, 3 strengths noted.
How does Siatech Inc spend its money?
Siatech Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Siatech Inc tax-deductible?
Siatech Inc is registered as a tax-exempt nonprofit (EIN: 200898502). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Siatech Inc. financially stable given recent deficits?
While Siatech Inc. experienced operating deficits in fiscal years 2022 and 2023, its overall asset base has grown significantly from $2.5 million in 2015 to over $10 million in 2023, suggesting a degree of financial resilience to absorb short-term deficits.
What is the trend in Siatech Inc.'s revenue and expenses?
Siatech Inc.'s revenue and expenses have generally increased over the past decade, with revenue peaking at $24.5 million in 2021 and expenses at $20.9 million in 2023. There's a pattern of revenue and expenses being closely matched, sometimes resulting in small surpluses and other times in deficits.
How does Siatech Inc.'s asset growth compare to its liabilities?
Siatech Inc.'s assets have grown substantially from $2.5 million in 2015 to $10.1 million in 2023. While liabilities have also increased, for example, from $1.0 million in 2021 to $3.8 million in 2023, the asset growth generally outpaces the liability growth, indicating a strengthening balance sheet.
Filing History
IRS 990 filing history for Siatech Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Siatech Inc's revenue has grown by 25.4%, moving from $16.1M to $20.2M. Total assets increased by 90.9% over the same period, from $5.3M to $10.1M. Total functional expenses rose by 28.9%, from $16.2M to $20.9M. In its most recent filing year (2023), Siatech Inc reported a deficit of $679K, with expenses exceeding revenue. The organization holds $3.9M in liabilities against $10.1M in assets (debt-to-asset ratio: 38.2%), resulting in net assets of $6.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $20.2M | $20.9M | $10.1M | $3.9M | — | View 990 |
| 2022 | $15.8M | $19.1M | $9.6M | $2.6M | — | View 990 |
| 2021 | $24.5M | $19.8M | $11.5M | $1.1M | — | View 990 |
| 2020 | $20.8M | $19.1M | $8.4M | $2.7M | — | View 990 |
| 2019 | $21.0M | $18.8M | $4.6M | $679K | — | View 990 |
| 2018 | $17.5M | $17.4M | $3.7M | $2.0M | — | View 990 |
| 2017 | $17.4M | $16.3M | $5.3M | $3.7M | — | View 990 |
| 2016 | $15.3M | $15.2M | $4.3M | $3.8M | — | View 990 |
| 2015 | $12.9M | $13.8M | $2.6M | $2.2M | — | View 990 |
| 2014 | $14.0M | $15.9M | $4.1M | $2.7M | — | View 990 |
| 2013 | $14.5M | $15.3M | $7.2M | $3.9M | — | View 990 |
| 2012 | $15.5M | $15.9M | $6.5M | $2.4M | — | View 990 |
| 2011 | $16.1M | $16.2M | $5.3M | $690K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $20.2M, expenses of $20.9M, and assets of $10.1M (revenue +27.9% year-over-year).
- 2022: Revenue of $15.8M, expenses of $19.1M, and assets of $9.6M (revenue -35.5% year-over-year).
- 2021: Revenue of $24.5M, expenses of $19.8M, and assets of $11.5M (revenue +17.8% year-over-year).
- 2020: Revenue of $20.8M, expenses of $19.1M, and assets of $8.4M (revenue -1.0% year-over-year).
- 2019: Revenue of $21.0M, expenses of $18.8M, and assets of $4.6M (revenue +20.4% year-over-year).
- 2018: Revenue of $17.5M, expenses of $17.4M, and assets of $3.7M (revenue +0.4% year-over-year).
- 2017: Revenue of $17.4M, expenses of $16.3M, and assets of $5.3M (revenue +13.6% year-over-year).
- 2016: Revenue of $15.3M, expenses of $15.2M, and assets of $4.3M (revenue +18.8% year-over-year).
- 2015: Revenue of $12.9M, expenses of $13.8M, and assets of $2.6M (revenue -7.6% year-over-year).
- 2014: Revenue of $14.0M, expenses of $15.9M, and assets of $4.1M (revenue -3.4% year-over-year).
- 2013: Revenue of $14.5M, expenses of $15.3M, and assets of $7.2M (revenue -6.5% year-over-year).
- 2012: Revenue of $15.5M, expenses of $15.9M, and assets of $6.5M (revenue -4.2% year-over-year).
- 2011: Revenue of $16.1M, expenses of $16.2M, and assets of $5.3M.
Data Sources and Methodology
This transparency report for Siatech 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.