Southeast Energy Assistance Inc
EIN: 581434084 · Atlanta, GA
| Metric | Value |
|---|---|
| Total Expenses | $126K |
| Net Assets | $272K |
Is Southeast Energy Assistance Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Southeast Energy Assistance Inc
Southeast Energy Assistance Inc (EIN: 581434084) is a nonprofit organization based in Atlanta, GA. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Southeast Energy Assistance Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Southeast Energy Assistance Inc is a small nonprofit, with 6 years of IRS 990 filings on record (2011–2016). Revenue has grown at a compound annual rate of -55.4%.
Key Financial Metrics (2016)
From the most recent IRS 990 filing on record:
| Total Revenue | $144K |
| Total Expenses | $126K |
| Surplus / Deficit | +$18K |
| Total Assets | $627K |
| Total Liabilities | $355K |
| Net Assets | $272K |
| Operating Margin | 12.4% |
| Debt-to-Asset Ratio | 56.6% |
| Months of Reserves | 59.6 months |
Financial Health Grade: A
In 2016, Southeast Energy Assistance Inc reported a surplus of $18K with revenue exceeding expenses, holds 59.6 months of operating reserves (strong position), has a debt-to-asset ratio of 56.6% (high leverage).
Financial Trends
Over 6 years of filings (2011–2016), Southeast Energy Assistance Inc's revenue has declined at a compound annual growth rate (CAGR) of -55.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2016 | -94.1% | -94.5% | -28.6% |
| 2015 | -18.8% | -29.7% | -9.5% |
| 2014 | -23.1% | -15.6% | -14.9% |
| 2013 | -33.6% | -27.8% | +7.8% |
| 2012 | -28.0% | -33.8% | -38.9% |
AI Analysis Pending
AI enrichment for Southeast Energy Assistance 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 Energy Assistance 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.
Key Financial Metrics (2016)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $18K, with revenue exceeding expenses.
- Debt-to-asset ratio: 56.6%.
Frequently Asked Questions about Southeast Energy Assistance Inc
Is Southeast Energy Assistance Inc a legitimate charity?
Southeast Energy Assistance Inc (EIN: 581434084) is a registered tax-exempt nonprofit based in Georgia. It has 6 years of IRS 990 filings on record. No red flags identified. Financial health grade: A.
How does Southeast Energy Assistance Inc spend its money?
Southeast Energy Assistance Inc reported its financials in IRS 990 filings. 6 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Southeast Energy Assistance Inc tax-deductible?
Southeast Energy Assistance Inc is registered as a tax-exempt nonprofit (EIN: 581434084). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Southeast Energy Assistance Inc located?
Southeast Energy Assistance Inc is headquartered in Atlanta, Georgia and files with the IRS under EIN 581434084.
How many years of IRS 990 filings does Southeast Energy Assistance Inc have?
Southeast Energy Assistance Inc has 6 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends.
Filing History
IRS 990 filing history for Southeast Energy Assistance Inc showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2011–2016), Southeast Energy Assistance Inc's revenue has declined by 98.2%, moving from $8.1M to $144K. Total assets decreased by 63.8% over the same period, from $1.7M to $627K. Total functional expenses fell by 98.5%, from $8.2M to $126K. In its most recent filing year (2016), Southeast Energy Assistance Inc reported a surplus of $18K, with revenue exceeding expenses. The organization holds $355K in liabilities against $627K in assets (debt-to-asset ratio: 56.6%), resulting in net assets of $272K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2016 | $144K | $126K | $627K | $355K | — | View 990 |
| 2015 | $2.4M | $2.3M | $878K | $623K | — | View 990 |
| 2014 | $3.0M | $3.3M | $970K | $832K | — | View 990 |
| 2013 | $3.9M | $3.9M | $1.1M | $705K | — | View 990 |
| 2012 | $5.9M | $5.4M | $1.1M | $616K | — | View 990 |
| 2011 | $8.1M | $8.2M | $1.7M | $1.7M | — | View 990 |
Year-by-Year Financial Summary
- 2016: Revenue of $144K, expenses of $126K, and assets of $627K (revenue -94.1% year-over-year).
- 2015: Revenue of $2.4M, expenses of $2.3M, and assets of $878K (revenue -18.8% year-over-year).
- 2014: Revenue of $3.0M, expenses of $3.3M, and assets of $970K (revenue -23.1% year-over-year).
- 2013: Revenue of $3.9M, expenses of $3.9M, and assets of $1.1M (revenue -33.6% year-over-year).
- 2012: Revenue of $5.9M, expenses of $5.4M, and assets of $1.1M (revenue -28.0% year-over-year).
- 2011: Revenue of $8.1M, expenses of $8.2M, and assets of $1.7M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Southeast Energy Assistance Inc:
Data Sources and Methodology
This transparency report for Southeast Energy Assistance 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.