Southeast Center For Independent Living Inc
EIN: 42939676 · Fall River, MA · NTEE: L22
About Southeast Center For Independent Living Inc
Southeast Center For Independent Living Inc (EIN: 42939676) is a nonprofit organization based in Fall River, MA, classified under NTEE code L22. The organization reported total revenue of $2.2M and total assets of $824K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Southeast Center For Independent Living Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Analysis Pending
AI enrichment for Southeast Center For Independent Living Inc 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 Center For Independent Living Inc 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.
Filing History
IRS 990 filing history for Southeast Center For Independent Living Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2024), Southeast Center For Independent Living Inc's revenue has grown by 117.2%, moving from $848K to $1.8M. Total assets increased by 280.2% over the same period, from $207K to $787K. Total functional expenses rose by 109.6%, from $858K to $1.8M. In its most recent filing year (2024), Southeast Center For Independent Living Inc reported a surplus of $43K, with revenue exceeding expenses. The organization holds $308K in liabilities against $787K in assets (debt-to-asset ratio: 39.1%), resulting in net assets of $480K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2024 | $1.8M | $1.8M | $787K | $308K | — | View 990 |
| 2023 | $1.8M | $1.8M | $805K | $368K | — | View 990 |
| 2022 | $1.8M | $1.7M | $503K | $78K | — | View 990 |
| 2021 | $1.6M | $1.6M | $471K | $94K | — | View 990 |
| 2020 | $1.4M | $1.4M | $443K | $85K | — | View 990 |
| 2019 | $1.6M | $1.5M | $583K | $210K | — | View 990 |
| 2018 | $1.4M | $1.4M | $467K | $146K | — | — |
| 2017 | $1.3M | $1.2M | $399K | $81K | — | View 990 |
| 2016 | $1.2M | $1.2M | $467K | $267K | — | View 990 |
| 2015 | $1.1M | $1.1M | $357K | $220K | — | View 990 |
| 2014 | $936K | $916K | $310K | $208K | — | View 990 |
| 2013 | $908K | $899K | $197K | $116K | — | View 990 |
| 2012 | $848K | $858K | $207K | $135K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $1.8M, expenses of $1.8M, and assets of $787K (revenue +1.7% year-over-year).
- 2023: Revenue of $1.8M, expenses of $1.8M, and assets of $805K (revenue +3.1% year-over-year).
- 2022: Revenue of $1.8M, expenses of $1.7M, and assets of $503K (revenue +11.2% year-over-year).
- 2021: Revenue of $1.6M, expenses of $1.6M, and assets of $471K (revenue +14.3% year-over-year).
- 2020: Revenue of $1.4M, expenses of $1.4M, and assets of $443K (revenue -11.6% year-over-year).
- 2019: Revenue of $1.6M, expenses of $1.5M, and assets of $583K (revenue +15.3% year-over-year).
- 2018: Revenue of $1.4M, expenses of $1.4M, and assets of $467K (revenue +6.1% year-over-year).
- 2017: Revenue of $1.3M, expenses of $1.2M, and assets of $399K (revenue +5.2% year-over-year).
- 2016: Revenue of $1.2M, expenses of $1.2M, and assets of $467K (revenue +9.4% year-over-year).
- 2015: Revenue of $1.1M, expenses of $1.1M, and assets of $357K (revenue +18.4% year-over-year).
- 2014: Revenue of $936K, expenses of $916K, and assets of $310K (revenue +3.1% year-over-year).
- 2013: Revenue of $908K, expenses of $899K, and assets of $197K (revenue +7.1% year-over-year).
- 2012: Revenue of $848K, expenses of $858K, and assets of $207K.
Data Sources and Methodology
This transparency report for Southeast Center For Independent Living 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.