Society For Cultural Exchange Inc
Society For Cultural Exchange Inc. shows fluctuating revenues and recurring deficits, with no reported officer compensation.
EIN: 204857939 · Pittsburgh, PA · NTEE: A990 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $568K |
| Total Expenses | $460K |
| Program Spending | 80% |
| Net Assets | $53K |
| Transparency Score | 70/100 |
Is Society For Cultural Exchange Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Society For Cultural Exchange Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Society For Cultural Exchange Inc
Society For Cultural Exchange Inc (EIN: 204857939) is a nonprofit organization based in Pittsburgh, PA, classified under NTEE code A990. The organization reported total revenue of $568K and total assets of $298K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Society For Cultural Exchange Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Society For Cultural Exchange Inc is a small nonprofit that has been operating for 19 years, with 10 years of IRS 990 filings on record (2014–2023). Revenue has grown at a compound annual rate of 1.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $365K |
| Total Expenses | $460K |
| Surplus / Deficit | $-94,919 |
| Total Assets | $53K |
| Net Assets | $53K |
| Operating Margin | -26.0% |
| Months of Reserves | 1.4 months |
Financial Health Grade: C
In 2023, Society For Cultural Exchange Inc reported a deficit of $95K with expenses exceeding revenue, holds 1.4 months of operating reserves (limited).
Financial Trends
Over 10 years of filings (2014–2023), Society For Cultural Exchange Inc's revenue has grown at a compound annual growth rate (CAGR) of 1.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +18.3% | +74.8% | -63.8% |
| 2022 | +48.3% | -0.6% | +48.0% |
| 2021 | -4.6% | +34.4% | -43.3% |
| 2020 | -44.1% | -32.7% | +31.4% |
| 2019 | +49.2% | +8.9% | +288.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
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 Society For Cultural Exchange Inc with a Mission Score of 70 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, Society For Cultural Exchange 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 $95K, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation is consistently reported at 0% across all available filings, indicating that no officers or key employees receive salaries from the organization, which is highly unusual for an organization of its size and revenue, suggesting a volunteer-led structure.
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 Society For Cultural Exchange Inc's IRS 990 filings:
- Recurring operational deficits (6 out of 10 years, including 2023)
- Significant fluctuation in assets year-over-year
- Lack of clarity on how operations are sustained without officer compensation, suggesting potential reliance on external support or uncompensated labor that isn't fully transparent.
Strengths
The following positive indicators were identified for Society For Cultural Exchange Inc:
- Consistent 0% officer compensation, indicating resources are directed away from executive salaries.
- Overall growth in revenue over the past decade, demonstrating increasing support.
- Low liabilities reported in most years, suggesting good debt management.
Frequently Asked Questions about Society For Cultural Exchange Inc
Is Society For Cultural Exchange Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Society For Cultural Exchange Inc (EIN: 204857939) some concerns. Mission Score: 70/100. 3 red flags identified, 3 strengths noted.
How does Society For Cultural Exchange Inc spend its money?
Society For Cultural Exchange Inc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Society For Cultural Exchange Inc tax-deductible?
Society For Cultural Exchange Inc is registered as a tax-exempt nonprofit (EIN: 204857939). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Society For Cultural Exchange Inc's spending goes to programs?
Society For Cultural Exchange Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Society For Cultural Exchange Inc compare to similar nonprofits?
With a transparency score of 70/100 (Good), Society For Cultural Exchange Inc is above average for NTEE category A990 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Society For Cultural Exchange Inc located?
Society For Cultural Exchange Inc is headquartered in Pittsburgh, Pennsylvania and files with the IRS under EIN 204857939. It is classified under NTEE code A990.
How many years of IRS 990 filings does Society For Cultural Exchange Inc have?
Society For Cultural Exchange Inc has 10 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 $568K in total revenue.
Is Society For Cultural Exchange Inc. financially stable?
The organization's financial stability is inconsistent. While it has periods of strong revenue, it also frequently incurs deficits, with expenses exceeding revenue in 6 out of the 10 reported years, including a significant deficit in 2023 ($460,315 expenses vs. $365,396 revenue).
How does the organization manage its assets?
Assets have fluctuated significantly, from $18,534 in 2017 to $173,587 in 2020, and most recently $52,717 in 2023. This volatility suggests either inconsistent asset management or significant operational changes impacting its balance sheet.
What is the trend in the organization's revenue?
Revenue has shown an upward trend over the decade, from $51,279 in 2016 to $365,396 in 2023, with a peak of $390,573 in 2019, indicating growth in its funding base.
Filing History
IRS 990 filing history for Society For Cultural Exchange Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2014–2023), Society For Cultural Exchange Inc's revenue has grown by 14.5%, moving from $319K to $365K. Total assets decreased by 52.6% over the same period, from $111K to $53K. Total functional expenses rose by 92.8%, from $239K to $460K. In its most recent filing year (2023), Society For Cultural Exchange Inc reported a deficit of $95K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $365K | $460K | $53K | $0 | — | View 990 |
| 2022 | $309K | $263K | $146K | $4K | — | View 990 |
| 2021 | $208K | $265K | $98K | $2K | — | View 990 |
| 2020 | $218K | $197K | $174K | $20K | — | View 990 |
| 2019 | $391K | $293K | $132K | $135 | — | View 990 |
| 2018 | $262K | $269K | $34K | $0 | — | View 990 |
| 2017 | $154K | $161K | $19K | $0 | — | View 990 |
| 2016 | $51K | $102K | $26K | $0 | — | View 990 |
| 2015 | $97K | $132K | $76K | $0 | — | View 990 |
| 2014 | $319K | $239K | $111K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $365K, expenses of $460K, and assets of $53K (revenue +18.3% year-over-year).
- 2022: Revenue of $309K, expenses of $263K, and assets of $146K (revenue +48.3% year-over-year).
- 2021: Revenue of $208K, expenses of $265K, and assets of $98K (revenue -4.6% year-over-year).
- 2020: Revenue of $218K, expenses of $197K, and assets of $174K (revenue -44.1% year-over-year).
- 2019: Revenue of $391K, expenses of $293K, and assets of $132K (revenue +49.2% year-over-year).
- 2018: Revenue of $262K, expenses of $269K, and assets of $34K (revenue +69.8% year-over-year).
- 2017: Revenue of $154K, expenses of $161K, and assets of $19K (revenue +200.6% year-over-year).
- 2016: Revenue of $51K, expenses of $102K, and assets of $26K (revenue -47.3% year-over-year).
- 2015: Revenue of $97K, expenses of $132K, and assets of $76K (revenue -69.5% year-over-year).
- 2014: Revenue of $319K, expenses of $239K, and assets of $111K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Society For Cultural Exchange Inc:
Data Sources and Methodology
This transparency report for Society For Cultural Exchange 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.