Southeast Vipassana Association Inc
EIN: 810602207 · Jesup, GA · NTEE: B99
| Metric | Value |
|---|---|
| Total Revenue | $959K |
| Total Expenses | $495K |
| Net Assets | $3.4M |
Is Southeast Vipassana Association 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 Vipassana Association Inc
Southeast Vipassana Association Inc (EIN: 810602207) is a nonprofit organization based in Jesup, GA, classified under NTEE code B99. The organization reported total revenue of $959K and total assets of $4.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Southeast Vipassana Association Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Southeast Vipassana Association Inc is a small nonprofit that has been operating for 22 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 10.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $922K |
| Total Expenses | $495K |
| Surplus / Deficit | +$426K |
| Total Assets | $3.7M |
| Total Liabilities | $295K |
| Net Assets | $3.4M |
| Operating Margin | 46.3% |
| Debt-to-Asset Ratio | 8.1% |
| Months of Reserves | 88.9 months |
Financial Health Grade: A
In 2023, Southeast Vipassana Association Inc reported a surplus of $426K with revenue exceeding expenses, holds 88.9 months of operating reserves (strong position), has a debt-to-asset ratio of 8.1% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Southeast Vipassana Association Inc's revenue has grown at a compound annual growth rate (CAGR) of 10.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -27.2% | +33.3% | +7.1% |
| 2022 | +97.5% | +36.7% | +32.3% |
| 2021 | +116.7% | +8.3% | +12.5% |
| 2020 | -42.4% | -33.2% | +12.2% |
| 2019 | +4.3% | -1.7% | +5.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2004 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Southeast Vipassana Association 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 Vipassana Association 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $426K, with revenue exceeding expenses.
- Debt-to-asset ratio: 8.1%.
Frequently Asked Questions about Southeast Vipassana Association Inc
Is Southeast Vipassana Association Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Southeast Vipassana Association Inc (EIN: 810602207) insufficient data. 0 red flags identified, 0 strengths noted.
How does Southeast Vipassana Association Inc spend its money?
Detailed spending breakdown data is not yet available for Southeast Vipassana Association Inc. Check back for updated IRS 990 analysis.
Are donations to Southeast Vipassana Association Inc tax-deductible?
Southeast Vipassana Association Inc is registered as a tax-exempt nonprofit (EIN: 810602207). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Southeast Vipassana Association Inc located?
Southeast Vipassana Association Inc is headquartered in Jesup, Georgia and files with the IRS under EIN 810602207. It is classified under NTEE code B99.
How many years of IRS 990 filings does Southeast Vipassana Association Inc have?
Southeast Vipassana Association Inc has 13 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 $959K in total revenue.
Filing History
IRS 990 filing history for Southeast Vipassana Association Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Southeast Vipassana Association Inc's revenue has grown by 226%, moving from $283K to $922K. Total assets increased by 171.5% over the same period, from $1.4M to $3.7M. Total functional expenses rose by 123.4%, from $222K to $495K. In its most recent filing year (2023), Southeast Vipassana Association Inc reported a surplus of $426K, with revenue exceeding expenses. The organization holds $295K in liabilities against $3.7M in assets (debt-to-asset ratio: 8.1%), resulting in net assets of $3.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $922K | $495K | $3.7M | $295K | — | — |
| 2022 | $1.3M | $371K | $3.4M | $478K | — | — |
| 2021 | $641K | $272K | $2.6M | $538K | — | View 990 |
| 2020 | $296K | $251K | $2.3M | $620K | — | View 990 |
| 2019 | $514K | $375K | $2.1M | $416K | — | View 990 |
| 2018 | $493K | $382K | $2.0M | $455K | — | View 990 |
| 2017 | $444K | $306K | $1.7M | $355K | — | View 990 |
| 2016 | $446K | $288K | $1.7M | $402K | — | View 990 |
| 2015 | $444K | $275K | $1.6M | $471K | — | View 990 |
| 2014 | $398K | $277K | $1.5M | $529K | — | View 990 |
| 2013 | $340K | $261K | $1.3M | $535K | — | View 990 |
| 2012 | $244K | $231K | $1.3M | $566K | — | View 990 |
| 2011 | $283K | $222K | $1.4M | $640K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $922K, expenses of $495K, and assets of $3.7M (revenue -27.2% year-over-year).
- 2022: Revenue of $1.3M, expenses of $371K, and assets of $3.4M (revenue +97.5% year-over-year).
- 2021: Revenue of $641K, expenses of $272K, and assets of $2.6M (revenue +116.7% year-over-year).
- 2020: Revenue of $296K, expenses of $251K, and assets of $2.3M (revenue -42.4% year-over-year).
- 2019: Revenue of $514K, expenses of $375K, and assets of $2.1M (revenue +4.3% year-over-year).
- 2018: Revenue of $493K, expenses of $382K, and assets of $2.0M (revenue +11.0% year-over-year).
- 2017: Revenue of $444K, expenses of $306K, and assets of $1.7M (revenue -0.4% year-over-year).
- 2016: Revenue of $446K, expenses of $288K, and assets of $1.7M (revenue +0.3% year-over-year).
- 2015: Revenue of $444K, expenses of $275K, and assets of $1.6M (revenue +11.7% year-over-year).
- 2014: Revenue of $398K, expenses of $277K, and assets of $1.5M (revenue +17.1% year-over-year).
- 2013: Revenue of $340K, expenses of $261K, and assets of $1.3M (revenue +39.4% year-over-year).
- 2012: Revenue of $244K, expenses of $231K, and assets of $1.3M (revenue -13.8% year-over-year).
- 2011: Revenue of $283K, expenses of $222K, and assets of $1.4M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Southeast Vipassana Association Inc:
Data Sources and Methodology
This transparency report for Southeast Vipassana Association 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.