Southeast Institute For Group And Family Therapy
EIN: 561047471 · Chapel Hill, NC · NTEE: F32B
| Metric | Value |
|---|---|
| Total Revenue | $314K |
| Total Expenses | $292K |
| Net Assets | $33K |
Is Southeast Institute For Group And Family Therapy Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Southeast Institute For Group And Family Therapy
Southeast Institute For Group And Family Therapy (EIN: 561047471) is a nonprofit organization based in Chapel Hill, NC, classified under NTEE code F32B. The organization reported total revenue of $314K and total assets of $47K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Southeast Institute For Group And Family Therapy's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Southeast Institute For Group And Family Therapy is a small nonprofit that has been operating for 56 years, with 12 years of IRS 990 filings on record (2011–2022). Revenue has grown at a compound annual rate of -1.7%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $298K |
| Total Expenses | $292K |
| Surplus / Deficit | +$6K |
| Total Assets | $47K |
| Total Liabilities | $13K |
| Net Assets | $33K |
| Operating Margin | 2.1% |
| Debt-to-Asset Ratio | 28.8% |
| Months of Reserves | 1.9 months |
Financial Health Grade: A
In 2022, Southeast Institute For Group And Family Therapy reported a surplus of $6K with revenue exceeding expenses, holds 1.9 months of operating reserves (limited), has a debt-to-asset ratio of 28.8% (moderate leverage).
Financial Trends
Over 12 years of filings (2011–2022), Southeast Institute For Group And Family Therapy's revenue has declined at a compound annual growth rate (CAGR) of -1.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | +19.3% | -3.8% | +1.1% |
| 2021 | -10.8% | +11.1% | -54.6% |
| 2020 | +3.6% | -3.6% | +14.1% |
| 2019 | -29.3% | -25.5% | -11.9% |
| 2018 | -17.2% | -14.0% | -21.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 1970 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Southeast Institute For Group And Family Therapy 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 Institute For Group And Family Therapy 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 (2022)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $6K, with revenue exceeding expenses.
- Debt-to-asset ratio: 28.8%.
Frequently Asked Questions about Southeast Institute For Group And Family Therapy
Is Southeast Institute For Group And Family Therapy a legitimate charity?
Southeast Institute For Group And Family Therapy (EIN: 561047471) is a registered tax-exempt nonprofit based in North Carolina. It has 12 years of IRS 990 filings on record. Total revenue: $314K. No red flags identified. Financial health grade: A.
How does Southeast Institute For Group And Family Therapy spend its money?
Southeast Institute For Group And Family Therapy reported $314K in total revenue in IRS 990 filings. 12 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Southeast Institute For Group And Family Therapy tax-deductible?
Southeast Institute For Group And Family Therapy is registered as a tax-exempt nonprofit (EIN: 561047471). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Southeast Institute For Group And Family Therapy located?
Southeast Institute For Group And Family Therapy is headquartered in Chapel Hill, North Carolina and files with the IRS under EIN 561047471. It is classified under NTEE code F32B.
How many years of IRS 990 filings does Southeast Institute For Group And Family Therapy have?
Southeast Institute For Group And Family Therapy has 12 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 $314K in total revenue.
Filing History
IRS 990 filing history for Southeast Institute For Group And Family Therapy showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2022), Southeast Institute For Group And Family Therapy's revenue has declined by 17.1%, moving from $360K to $298K. Total assets decreased by 21.5% over the same period, from $60K to $47K. Total functional expenses fell by 14.2%, from $340K to $292K. In its most recent filing year (2022), Southeast Institute For Group And Family Therapy reported a surplus of $6K, with revenue exceeding expenses. The organization holds $13K in liabilities against $47K in assets (debt-to-asset ratio: 28.8%), resulting in net assets of $33K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $298K | $292K | $47K | $13K | — | View 990 |
| 2021 | $250K | $304K | $46K | $19K | — | View 990 |
| 2020 | $280K | $273K | $102K | $21K | — | — |
| 2019 | $270K | $284K | $90K | $16K | — | View 990 |
| 2018 | $382K | $380K | $102K | $14K | — | View 990 |
| 2017 | $462K | $442K | $129K | $44K | — | View 990 |
| 2016 | $431K | $406K | $93K | $27K | — | View 990 |
| 2015 | $374K | $364K | $68K | $26K | — | View 990 |
| 2014 | $354K | $334K | $68K | $36K | — | View 990 |
| 2013 | $335K | $350K | $54K | $42K | — | View 990 |
| 2012 | $357K | $363K | $58K | $31K | — | View 990 |
| 2011 | $360K | $340K | $60K | $27K | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $298K, expenses of $292K, and assets of $47K (revenue +19.3% year-over-year).
- 2021: Revenue of $250K, expenses of $304K, and assets of $46K (revenue -10.8% year-over-year).
- 2020: Revenue of $280K, expenses of $273K, and assets of $102K (revenue +3.6% year-over-year).
- 2019: Revenue of $270K, expenses of $284K, and assets of $90K (revenue -29.3% year-over-year).
- 2018: Revenue of $382K, expenses of $380K, and assets of $102K (revenue -17.2% year-over-year).
- 2017: Revenue of $462K, expenses of $442K, and assets of $129K (revenue +7.2% year-over-year).
- 2016: Revenue of $431K, expenses of $406K, and assets of $93K (revenue +15.3% year-over-year).
- 2015: Revenue of $374K, expenses of $364K, and assets of $68K (revenue +5.6% year-over-year).
- 2014: Revenue of $354K, expenses of $334K, and assets of $68K (revenue +5.6% year-over-year).
- 2013: Revenue of $335K, expenses of $350K, and assets of $54K (revenue -6.1% year-over-year).
- 2012: Revenue of $357K, expenses of $363K, and assets of $58K (revenue -0.8% year-over-year).
- 2011: Revenue of $360K, expenses of $340K, and assets of $60K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Southeast Institute For Group And Family Therapy:
Data Sources and Methodology
This transparency report for Southeast Institute For Group And Family Therapy 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.