Southeast Vocational Alliance Inc
Southeast Vocational Alliance Inc sees significant revenue decline while maintaining zero officer compensation.
EIN: 201578416 · Houston, TX · NTEE: P80 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $2.8M |
| Total Expenses | $3.2M |
| Program Spending | 80% |
| Net Assets | $1.3M |
| Transparency Score | 75/100 |
Is Southeast Vocational Alliance Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Southeast Vocational Alliance Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Southeast Vocational Alliance Inc
Southeast Vocational Alliance Inc (EIN: 201578416) is a nonprofit organization based in Houston, TX, classified under NTEE code P80. The organization reported total revenue of $2.8M and total assets of $1.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Southeast Vocational Alliance Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Southeast Vocational Alliance Inc is a mid-size nonprofit that has been operating for 22 years, with 12 years of IRS 990 filings on record (2011–2022). Revenue has grown at a compound annual rate of 12.0%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.1M |
| Total Expenses | $3.2M |
| Surplus / Deficit | $-149,826 |
| Total Assets | $1.9M |
| Total Liabilities | $579K |
| Net Assets | $1.3M |
| Operating Margin | -4.9% |
| Debt-to-Asset Ratio | 30.2% |
| Months of Reserves | 7.1 months |
Financial Health Grade: B
In 2022, Southeast Vocational Alliance Inc reported a deficit of $150K with expenses exceeding revenue, holds 7.1 months of operating reserves (strong position), has a debt-to-asset ratio of 30.2% (moderate leverage).
Financial Trends
Over 12 years of filings (2011–2022), Southeast Vocational Alliance Inc's revenue has grown at a compound annual growth rate (CAGR) of 12.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -38.3% | -32.8% | -0.8% |
| 2021 | -6.9% | -2.7% | +3.4% |
| 2020 | -20.2% | -28.5% | -14.6% |
| 2019 | -35.4% | -31.0% | -0.3% |
| 2018 | +57.9% | +62.0% | +13.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2004 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Southeast Vocational Alliance Inc with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Southeast Vocational Alliance Inc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $150K, with expenses exceeding revenue.
- Debt-to-asset ratio: 30.2%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers received compensation, which is highly favorable for directing funds to the mission and suggests strong financial stewardship in this area.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Southeast Vocational Alliance Inc's IRS 990 filings:
- Significant and consistent decline in revenue over the past five years (from $10.4M in 2018 to $3.0M in 2022)
- Operating deficit in the most recent filing period (2022: Expenses $3,236,060 > Revenue $3,086,234)
- Decrease in total assets from $2,193,899 in 2018 to $1,915,675 in 2022
Strengths
The following positive indicators were identified for Southeast Vocational Alliance Inc:
- Consistent reporting of 0% officer compensation across all filings, indicating strong financial transparency regarding executive pay.
- Historically strong revenue generation, peaking at over $10 million in 2018.
- Assets consistently exceed liabilities, indicating a positive net asset position.
Frequently Asked Questions about Southeast Vocational Alliance Inc
Is Southeast Vocational Alliance Inc a legitimate charity?
Southeast Vocational Alliance Inc (EIN: 201578416) is a registered tax-exempt nonprofit based in Texas. Our AI analysis gives it a Mission Score of 75/100. It has 12 years of IRS 990 filings on record. Total revenue: $2.8M. 3 red flags identified. 3 strengths noted. Financial health grade: B.
How does Southeast Vocational Alliance Inc spend its money?
Southeast Vocational Alliance Inc directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Southeast Vocational Alliance Inc tax-deductible?
Southeast Vocational Alliance Inc is registered as a tax-exempt nonprofit (EIN: 201578416). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Southeast Vocational Alliance Inc's spending goes to programs?
Southeast Vocational Alliance Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Southeast Vocational Alliance Inc compare to similar nonprofits?
With a transparency score of 75/100 (Good), Southeast Vocational Alliance Inc is above average for NTEE category P80 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Southeast Vocational Alliance Inc located?
Southeast Vocational Alliance Inc is headquartered in Houston, Texas and files with the IRS under EIN 201578416. It is classified under NTEE code P80.
How many years of IRS 990 filings does Southeast Vocational Alliance Inc have?
Southeast Vocational Alliance Inc 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 $2.8M in total revenue.
Why has Southeast Vocational Alliance Inc's revenue declined so sharply since 2018?
The organization's revenue decreased from $10,425,188 in 2018 to $3,086,234 in 2022, a significant drop that warrants investigation into funding sources, program changes, or external factors.
Is the organization financially stable given the recent operating deficits?
In 2022, expenses ($3,236,060) exceeded revenue ($3,086,234), resulting in an operating deficit. While assets ($1,915,675) still exceed liabilities ($578,991), consistent deficits could impact long-term stability.
How does the organization manage without paying officer compensation?
The consistent reporting of 0% officer compensation suggests that leadership may be volunteer-based or compensated through other means not classified as officer compensation, which is a notable practice for a nonprofit of this size.
Filing History
IRS 990 filing history for Southeast Vocational Alliance Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2022), Southeast Vocational Alliance Inc's revenue has grown by 247.8%, moving from $887K to $3.1M. Total assets increased by 394.1% over the same period, from $388K to $1.9M. Total functional expenses rose by 610%, from $456K to $3.2M. In its most recent filing year (2022), Southeast Vocational Alliance Inc reported a deficit of $150K, with expenses exceeding revenue. The organization holds $579K in liabilities against $1.9M in assets (debt-to-asset ratio: 30.2%), resulting in net assets of $1.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $3.1M | $3.2M | $1.9M | $579K | — | View 990 |
| 2021 | $5.0M | $4.8M | $1.9M | $443K | — | View 990 |
| 2020 | $5.4M | $5.0M | $1.9M | $444K | — | View 990 |
| 2019 | $6.7M | $6.9M | $2.2M | $504K | — | View 990 |
| 2018 | $10.4M | $10.0M | $2.2M | $323K | — | View 990 |
| 2017 | $6.6M | $6.2M | $1.9M | $448K | — | View 990 |
| 2016 | $4.0M | $3.6M | $1.3M | $167K | — | View 990 |
| 2015 | $3.0M | $2.8M | $717K | $107K | — | View 990 |
| 2014 | $1.0M | $988K | $465K | $44K | — | View 990 |
| 2013 | $398K | $373K | $414K | $16K | — | View 990 |
| 2012 | $216K | $182K | $403K | $30K | — | View 990 |
| 2011 | $887K | $456K | $388K | $49K | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $3.1M, expenses of $3.2M, and assets of $1.9M (revenue -38.3% year-over-year).
- 2021: Revenue of $5.0M, expenses of $4.8M, and assets of $1.9M (revenue -6.9% year-over-year).
- 2020: Revenue of $5.4M, expenses of $5.0M, and assets of $1.9M (revenue -20.2% year-over-year).
- 2019: Revenue of $6.7M, expenses of $6.9M, and assets of $2.2M (revenue -35.4% year-over-year).
- 2018: Revenue of $10.4M, expenses of $10.0M, and assets of $2.2M (revenue +57.9% year-over-year).
- 2017: Revenue of $6.6M, expenses of $6.2M, and assets of $1.9M (revenue +63.3% year-over-year).
- 2016: Revenue of $4.0M, expenses of $3.6M, and assets of $1.3M (revenue +34.4% year-over-year).
- 2015: Revenue of $3.0M, expenses of $2.8M, and assets of $717K (revenue +187.2% year-over-year).
- 2014: Revenue of $1.0M, expenses of $988K, and assets of $465K (revenue +162.8% year-over-year).
- 2013: Revenue of $398K, expenses of $373K, and assets of $414K (revenue +84.4% year-over-year).
- 2012: Revenue of $216K, expenses of $182K, and assets of $403K (revenue -75.6% year-over-year).
- 2011: Revenue of $887K, expenses of $456K, and assets of $388K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Southeast Vocational Alliance Inc:
Data Sources and Methodology
This transparency report for Southeast Vocational Alliance 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.