Society Of Commercial Seed Technologists Incorporated
EIN: 391655801 · Wichita, KS · NTEE: S41
| Metric | Value |
|---|---|
| Total Revenue | $63K |
| Total Expenses | $147K |
| Net Assets | $158K |
Is Society Of Commercial Seed Technologists Incorporated Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Society Of Commercial Seed Technologists Incorporated
Society Of Commercial Seed Technologists Incorporated (EIN: 391655801) is a nonprofit organization based in Wichita, KS, classified under NTEE code S41. The organization reported total revenue of $63K and total assets of $284K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Society Of Commercial Seed Technologists Incorporated's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Society Of Commercial Seed Technologists Incorporated is a micro nonprofit that has been operating for 12 years, with 11 years of IRS 990 filings on record (2014–2024). Revenue has grown at a compound annual rate of 3.9%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $159K |
| Total Expenses | $147K |
| Surplus / Deficit | +$13K |
| Total Assets | $258K |
| Total Liabilities | $100K |
| Net Assets | $158K |
| Operating Margin | 8.0% |
| Debt-to-Asset Ratio | 38.8% |
| Months of Reserves | 21.1 months |
Financial Health Grade: A
In 2024, Society Of Commercial Seed Technologists Incorporated reported a surplus of $13K with revenue exceeding expenses, holds 21.1 months of operating reserves (strong position), has a debt-to-asset ratio of 38.8% (moderate leverage).
Financial Trends
Over 11 years of filings (2014–2024), Society Of Commercial Seed Technologists Incorporated's revenue has grown at a compound annual growth rate (CAGR) of 3.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -1.7% | -2.6% | +11.9% |
| 2023 | +59.0% | +73.0% | +42.7% |
| 2022 | +23.8% | +15.2% | +25.2% |
| 2021 | -38.4% | -37.1% | -4.2% |
| 2020 | -12.3% | -16.4% | -42.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2014 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Society Of Commercial Seed Technologists Incorporated 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 Society Of Commercial Seed Technologists Incorporated 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $13K, with revenue exceeding expenses.
- Debt-to-asset ratio: 38.8%.
Frequently Asked Questions about Society Of Commercial Seed Technologists Incorporated
Is Society Of Commercial Seed Technologists Incorporated a legitimate charity?
Society Of Commercial Seed Technologists Incorporated (EIN: 391655801) is a registered tax-exempt nonprofit based in Kansas. It has 11 years of IRS 990 filings on record. Total revenue: $63K. No red flags identified. Financial health grade: A.
How does Society Of Commercial Seed Technologists Incorporated spend its money?
Society Of Commercial Seed Technologists Incorporated reported $63K in total revenue in IRS 990 filings. 11 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Society Of Commercial Seed Technologists Incorporated tax-deductible?
Society Of Commercial Seed Technologists Incorporated is registered as a tax-exempt nonprofit (EIN: 391655801). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Society Of Commercial Seed Technologists Incorporated located?
Society Of Commercial Seed Technologists Incorporated is headquartered in Wichita, Kansas and files with the IRS under EIN 391655801. It is classified under NTEE code S41.
How many years of IRS 990 filings does Society Of Commercial Seed Technologists Incorporated have?
Society Of Commercial Seed Technologists Incorporated has 11 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 $63K in total revenue.
Filing History
IRS 990 filing history for Society Of Commercial Seed Technologists Incorporated showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2014–2024), Society Of Commercial Seed Technologists Incorporated's revenue has grown by 46.6%, moving from $109K to $159K. Total assets increased by 46.2% over the same period, from $177K to $258K. Total functional expenses rose by 223.9%, from $45K to $147K. In its most recent filing year (2024), Society Of Commercial Seed Technologists Incorporated reported a surplus of $13K, with revenue exceeding expenses. The organization holds $100K in liabilities against $258K in assets (debt-to-asset ratio: 38.8%), resulting in net assets of $158K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $159K | $147K | $258K | $100K | — | — |
| 2023 | $162K | $151K | $231K | $84K | — | View 990 |
| 2022 | $102K | $87K | $162K | $27K | — | View 990 |
| 2021 | $82K | $76K | $129K | $9K | — | View 990 |
| 2020 | $134K | $120K | $135K | $22K | — | View 990 |
| 2019 | $152K | $144K | $236K | $137K | — | View 990 |
| 2018 | $255K | $245K | $221K | $130K | — | View 990 |
| 2017 | $161K | $158K | $188K | $107K | — | View 990 |
| 2016 | $142K | $132K | $215K | $137K | — | View 990 |
| 2015 | $144K | $151K | $214K | $146K | — | View 990 |
| 2014 | $109K | $45K | $177K | $102K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $159K, expenses of $147K, and assets of $258K (revenue -1.7% year-over-year).
- 2023: Revenue of $162K, expenses of $151K, and assets of $231K (revenue +59.0% year-over-year).
- 2022: Revenue of $102K, expenses of $87K, and assets of $162K (revenue +23.8% year-over-year).
- 2021: Revenue of $82K, expenses of $76K, and assets of $129K (revenue -38.4% year-over-year).
- 2020: Revenue of $134K, expenses of $120K, and assets of $135K (revenue -12.3% year-over-year).
- 2019: Revenue of $152K, expenses of $144K, and assets of $236K (revenue -40.2% year-over-year).
- 2018: Revenue of $255K, expenses of $245K, and assets of $221K (revenue +57.7% year-over-year).
- 2017: Revenue of $161K, expenses of $158K, and assets of $188K (revenue +13.5% year-over-year).
- 2016: Revenue of $142K, expenses of $132K, and assets of $215K (revenue -1.0% year-over-year).
- 2015: Revenue of $144K, expenses of $151K, and assets of $214K (revenue +32.3% year-over-year).
- 2014: Revenue of $109K, expenses of $45K, and assets of $177K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Society Of Commercial Seed Technologists Incorporated:
Data Sources and Methodology
This transparency report for Society Of Commercial Seed Technologists Incorporated 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.