Southeast Technical Institute Foundation
EIN: 364112897 · Sioux Falls, SD · NTEE: B82
| Metric | Value |
|---|---|
| Total Revenue | $1.3M |
| Total Expenses | $939K |
| Net Assets | $2.3M |
Is Southeast Technical Institute Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Southeast Technical Institute Foundation
Southeast Technical Institute Foundation (EIN: 364112897) is a nonprofit organization based in Sioux Falls, SD, classified under NTEE code B82. The organization reported total revenue of $1.3M and total assets of $2.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Southeast Technical Institute Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Southeast Technical Institute Foundation is a mid-size nonprofit that has been operating for 30 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 14.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $883K |
| Total Expenses | $939K |
| Surplus / Deficit | $-56,707 |
| Total Assets | $2.3M |
| Net Assets | $2.3M |
| Operating Margin | -6.4% |
| Months of Reserves | 28.8 months |
Financial Health Grade: B
In 2023, Southeast Technical Institute Foundation reported a deficit of $57K with expenses exceeding revenue, holds 28.8 months of operating reserves (strong position).
Financial Trends
Over 12 years of filings (2012–2023), Southeast Technical Institute Foundation's revenue has grown at a compound annual growth rate (CAGR) of 14.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +12.4% | +44.2% | +3.2% |
| 2022 | +61.7% | +17.7% | -5.1% |
| 2021 | +15.7% | -22.7% | +5.0% |
| 2020 | -44.1% | +183.8% | -4.5% |
| 2019 | +182.5% | +6.2% | +31.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1996 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Southeast Technical Institute Foundation 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 Technical Institute Foundation 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 deficit of $57K, with expenses exceeding revenue.
Frequently Asked Questions about Southeast Technical Institute Foundation
Is Southeast Technical Institute Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Southeast Technical Institute Foundation (EIN: 364112897) insufficient data. 0 red flags identified, 0 strengths noted.
How does Southeast Technical Institute Foundation spend its money?
Detailed spending breakdown data is not yet available for Southeast Technical Institute Foundation. Check back for updated IRS 990 analysis.
Are donations to Southeast Technical Institute Foundation tax-deductible?
Southeast Technical Institute Foundation is registered as a tax-exempt nonprofit (EIN: 364112897). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Southeast Technical Institute Foundation located?
Southeast Technical Institute Foundation is headquartered in Sioux Falls, South Dakota and files with the IRS under EIN 364112897. It is classified under NTEE code B82.
How many years of IRS 990 filings does Southeast Technical Institute Foundation have?
Southeast Technical Institute Foundation 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 $1.3M in total revenue.
Filing History
IRS 990 filing history for Southeast Technical Institute Foundation showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Southeast Technical Institute Foundation's revenue has grown by 322.7%, moving from $209K to $883K. Total assets increased by 115.6% over the same period, from $1.0M to $2.3M. Total functional expenses rose by 489.1%, from $159K to $939K. In its most recent filing year (2023), Southeast Technical Institute Foundation reported a deficit of $57K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $883K | $939K | $2.3M | $0 | — | View 990 |
| 2022 | $785K | $652K | $2.2M | $0 | — | View 990 |
| 2021 | $486K | $554K | $2.3M | $315 | — | View 990 |
| 2020 | $420K | $716K | $2.2M | $156K | — | View 990 |
| 2019 | $750K | $252K | $2.3M | $32K | — | View 990 |
| 2018 | $266K | $238K | $1.7M | $33K | — | View 990 |
| 2017 | $399K | $201K | $1.7M | $32K | — | View 990 |
| 2016 | $285K | $244K | $1.5M | $0 | — | View 990 |
| 2015 | $270K | $211K | $1.4M | $850 | — | View 990 |
| 2014 | $487K | $290K | $1.4M | $0 | — | View 990 |
| 2013 | $321K | $178K | $1.2M | $0 | — | View 990 |
| 2012 | $209K | $159K | $1.0M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $883K, expenses of $939K, and assets of $2.3M (revenue +12.4% year-over-year).
- 2022: Revenue of $785K, expenses of $652K, and assets of $2.2M (revenue +61.7% year-over-year).
- 2021: Revenue of $486K, expenses of $554K, and assets of $2.3M (revenue +15.7% year-over-year).
- 2020: Revenue of $420K, expenses of $716K, and assets of $2.2M (revenue -44.1% year-over-year).
- 2019: Revenue of $750K, expenses of $252K, and assets of $2.3M (revenue +182.5% year-over-year).
- 2018: Revenue of $266K, expenses of $238K, and assets of $1.7M (revenue -33.4% year-over-year).
- 2017: Revenue of $399K, expenses of $201K, and assets of $1.7M (revenue +40.1% year-over-year).
- 2016: Revenue of $285K, expenses of $244K, and assets of $1.5M (revenue +5.5% year-over-year).
- 2015: Revenue of $270K, expenses of $211K, and assets of $1.4M (revenue -44.6% year-over-year).
- 2014: Revenue of $487K, expenses of $290K, and assets of $1.4M (revenue +51.6% year-over-year).
- 2013: Revenue of $321K, expenses of $178K, and assets of $1.2M (revenue +53.8% year-over-year).
- 2012: Revenue of $209K, expenses of $159K, and assets of $1.0M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Southeast Technical Institute Foundation:
Data Sources and Methodology
This transparency report for Southeast Technical Institute Foundation 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.