Southeastern Association Of Law Schools Inc
Southeastern Association Of Law Schools Inc maintains stable finances with consistent asset growth and no reported executive compensation.
EIN: 203108887 · Durham, NC · NTEE: B02 · Updated: 2026-03-28
Is Southeastern Association Of Law Schools Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Southeastern Association Of Law Schools Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Southeastern Association Of Law Schools Inc
Southeastern Association Of Law Schools Inc (EIN: 203108887) is a nonprofit organization based in Durham, NC, classified under NTEE code B02. The organization reported total revenue of $195K and total assets of $484K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Southeastern Association Of Law Schools Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Southeastern Association Of Law Schools Inc is a small nonprofit that has been operating for 19 years, with 12 years of IRS 990 filings on record (2011–2022). Revenue has grown at a compound annual rate of -1.1%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $159K |
| Total Expenses | $146K |
| Surplus / Deficit | +$14K |
| Total Assets | $428K |
| Net Assets | $428K |
| Operating Margin | 8.6% |
| Months of Reserves | 35.3 months |
Financial Health Grade: A
In 2022, Southeastern Association Of Law Schools Inc reported a surplus of $14K with revenue exceeding expenses, holds 35.3 months of operating reserves (strong position).
Financial Trends
Over 12 years of filings (2011–2022), Southeastern Association Of Law Schools Inc's revenue has declined at a compound annual growth rate (CAGR) of -1.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | +10.6% | -3.2% | +3.3% |
| 2021 | +29.5% | +112.3% | -1.6% |
| 2020 | -41.2% | -57.2% | +10.6% |
| 2019 | +10.3% | +10.0% | +5.2% |
| 2018 | -22.5% | -11.5% | -4.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
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 Southeastern Association Of Law Schools Inc with a Mission Score of 92 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Southeastern Association Of Law Schools Inc allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% 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 surplus of $14K, with revenue exceeding expenses.
Executive Compensation Analysis
Southeastern Association Of Law Schools Inc consistently reports 0% officer compensation across all 12 available IRS 990 filings, indicating that executive leadership is either unpaid, compensated through non-officer roles, or that the organization is primarily volunteer-run, which is highly efficient for an organization of its size.
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.
Strengths
The following positive indicators were identified for Southeastern Association Of Law Schools Inc:
- Consistent asset growth, indicating strong financial management (from $262,257 in 2013 to $483,922 currently).
- No reported officer compensation across all 12 filings, suggesting high efficiency and dedication.
- History of positive net income in most years, contributing to financial stability.
- Excellent transparency with 12 years of consistent IRS 990 filings.
- Minimal to no reported liabilities, indicating a low-risk financial profile.
Frequently Asked Questions about Southeastern Association Of Law Schools Inc
Is Southeastern Association Of Law Schools Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Southeastern Association Of Law Schools Inc (EIN: 203108887) appears legitimate. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
How does Southeastern Association Of Law Schools Inc spend its money?
Southeastern Association Of Law Schools Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Southeastern Association Of Law Schools Inc tax-deductible?
Southeastern Association Of Law Schools Inc is registered as a tax-exempt nonprofit (EIN: 203108887). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Southeastern Association Of Law Schools Inc financially stable?
Yes, the organization is financially stable, consistently reporting positive net income in most years and growing its assets from $262,257 in 2013 to $483,922 currently, with minimal to no liabilities.
Does Southeastern Association Of Law Schools Inc compensate its officers?
No, all available IRS 990 filings for Southeastern Association Of Law Schools Inc report 0% officer compensation, suggesting a volunteer-led or highly efficient leadership structure.
How has the organization's asset base changed over time?
The organization's assets have shown consistent growth, increasing from $262,257 in 2013 to $483,922 in the latest period, indicating sound financial management and accumulation of reserves.
Filing History
IRS 990 filing history for Southeastern Association Of Law Schools Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2022), Southeastern Association Of Law Schools Inc's revenue has declined by 11.4%, moving from $180K to $159K. Total assets increased by 91.2% over the same period, from $224K to $428K. Total functional expenses rose by 3.4%, from $141K to $146K. In its most recent filing year (2022), Southeastern Association Of Law Schools Inc reported a surplus of $14K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $159K | $146K | $428K | $0 | — | View 990 |
| 2021 | $144K | $151K | $415K | $0 | — | View 990 |
| 2020 | $111K | $71K | $421K | $0 | — | View 990 |
| 2019 | $189K | $166K | $381K | $0 | — | View 990 |
| 2018 | $172K | $150K | $362K | $5K | — | View 990 |
| 2017 | $221K | $170K | $378K | $0 | — | View 990 |
| 2016 | $172K | $161K | $327K | $0 | — | View 990 |
| 2015 | $174K | $150K | $316K | $0 | — | View 990 |
| 2014 | $173K | $144K | $291K | $0 | — | View 990 |
| 2013 | $183K | $145K | $262K | $0 | — | View 990 |
| 2012 | $152K | $152K | $224K | $0 | — | View 990 |
| 2011 | $180K | $141K | $224K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $159K, expenses of $146K, and assets of $428K (revenue +10.6% year-over-year).
- 2021: Revenue of $144K, expenses of $151K, and assets of $415K (revenue +29.5% year-over-year).
- 2020: Revenue of $111K, expenses of $71K, and assets of $421K (revenue -41.2% year-over-year).
- 2019: Revenue of $189K, expenses of $166K, and assets of $381K (revenue +10.3% year-over-year).
- 2018: Revenue of $172K, expenses of $150K, and assets of $362K (revenue -22.5% year-over-year).
- 2017: Revenue of $221K, expenses of $170K, and assets of $378K (revenue +28.8% year-over-year).
- 2016: Revenue of $172K, expenses of $161K, and assets of $327K (revenue -1.0% year-over-year).
- 2015: Revenue of $174K, expenses of $150K, and assets of $316K (revenue +0.5% year-over-year).
- 2014: Revenue of $173K, expenses of $144K, and assets of $291K (revenue -5.6% year-over-year).
- 2013: Revenue of $183K, expenses of $145K, and assets of $262K (revenue +20.7% year-over-year).
- 2012: Revenue of $152K, expenses of $152K, and assets of $224K (revenue -15.7% year-over-year).
- 2011: Revenue of $180K, expenses of $141K, and assets of $224K.
Data Sources and Methodology
This transparency report for Southeastern Association Of Law Schools 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.