Southeast Asian Healing Center Incorporated
EIN: 832393889 · Madison, WI · NTEE: P84
| Metric | Value |
|---|---|
| Total Revenue | $323K |
| Total Expenses | $282K |
| Net Assets | $3K |
Is Southeast Asian Healing Center Incorporated Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Southeast Asian Healing Center Incorporated
Southeast Asian Healing Center Incorporated (EIN: 832393889) is a nonprofit organization based in Madison, WI, classified under NTEE code P84. The organization reported total revenue of $323K and total assets of $92K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Southeast Asian Healing Center Incorporated's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Southeast Asian Healing Center Incorporated is a small nonprofit that has been operating for 4 years, with 4 years of IRS 990 filings on record (2020–2023). Revenue has grown at a compound annual rate of 48.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $282K |
| Total Expenses | $282K |
| Surplus / Deficit | +$0 |
| Total Assets | $97K |
| Total Liabilities | $93K |
| Net Assets | $3K |
| Operating Margin | 0.0% |
| Debt-to-Asset Ratio | 96.4% |
| Months of Reserves | 4.1 months |
Financial Health Grade: B
In 2023, Southeast Asian Healing Center Incorporated reported a surplus of $0 with revenue exceeding expenses, holds 4.1 months of operating reserves (adequate), has a debt-to-asset ratio of 96.4% (high leverage).
Financial Trends
Over 4 years of filings (2020–2023), Southeast Asian Healing Center Incorporated's revenue has grown at a compound annual growth rate (CAGR) of 48.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +12.5% | +14.1% | -20.7% |
| 2022 | +85.2% | +82.6% | +173.6% |
| 2021 | +56.4% | +56.4% | +20.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2022 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Southeast Asian Healing Center 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 Southeast Asian Healing Center 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $0, with revenue exceeding expenses.
- Debt-to-asset ratio: 96.4%.
Frequently Asked Questions about Southeast Asian Healing Center Incorporated
Is Southeast Asian Healing Center Incorporated a legitimate charity?
Southeast Asian Healing Center Incorporated (EIN: 832393889) is a registered tax-exempt nonprofit based in Wisconsin. It has 4 years of IRS 990 filings on record. Total revenue: $323K. No red flags identified. Financial health grade: B.
How does Southeast Asian Healing Center Incorporated spend its money?
Southeast Asian Healing Center Incorporated reported $323K in total revenue in IRS 990 filings. 4 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Southeast Asian Healing Center Incorporated tax-deductible?
Southeast Asian Healing Center Incorporated is registered as a tax-exempt nonprofit (EIN: 832393889). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Southeast Asian Healing Center Incorporated located?
Southeast Asian Healing Center Incorporated is headquartered in Madison, Wisconsin and files with the IRS under EIN 832393889. It is classified under NTEE code P84.
How many years of IRS 990 filings does Southeast Asian Healing Center Incorporated have?
Southeast Asian Healing Center Incorporated has 4 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $323K in total revenue.
Filing History
IRS 990 filing history for Southeast Asian Healing Center Incorporated showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2020–2023), Southeast Asian Healing Center Incorporated's revenue has grown by 225.7%, moving from $87K to $282K. Total assets increased by 160.4% over the same period, from $37K to $97K. Total functional expenses rose by 225.7%, from $87K to $282K. In its most recent filing year (2023), Southeast Asian Healing Center Incorporated reported a surplus of $0, with revenue exceeding expenses. The organization holds $93K in liabilities against $97K in assets (debt-to-asset ratio: 96.4%), resulting in net assets of $3K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $282K | $282K | $97K | $93K | — | — |
| 2022 | $251K | $247K | $122K | $118K | — | View 990 |
| 2021 | $135K | $135K | $44K | $44K | — | View 990 |
| 2020 | $87K | $87K | $37K | $37K | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $282K, expenses of $282K, and assets of $97K (revenue +12.5% year-over-year).
- 2022: Revenue of $251K, expenses of $247K, and assets of $122K (revenue +85.2% year-over-year).
- 2021: Revenue of $135K, expenses of $135K, and assets of $44K (revenue +56.4% year-over-year).
- 2020: Revenue of $87K, expenses of $87K, and assets of $37K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Southeast Asian Healing Center Incorporated:
Data Sources and Methodology
This transparency report for Southeast Asian Healing Center 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.