Southeastern Christian Education Corporation
EIN: 610488858 · Harrodsburg, KY
| Metric | Value |
|---|---|
| Total Revenue | $74K |
| Total Expenses | $64K |
| Net Assets | $291K |
Is Southeastern Christian Education Corporation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Southeastern Christian Education Corporation
Southeastern Christian Education Corporation (EIN: 610488858) is a nonprofit organization based in Harrodsburg, KY. The organization reported total revenue of $74K and total assets of $246K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Southeastern Christian Education Corporation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Southeastern Christian Education Corporation is a micro nonprofit that has been operating for 36 years, with 10 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of 11.8%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $36K |
| Total Expenses | $64K |
| Surplus / Deficit | $-28,147 |
| Total Assets | $292K |
| Total Liabilities | $268 |
| Net Assets | $291K |
| Operating Margin | -79.0% |
| Debt-to-Asset Ratio | 0.1% |
| Months of Reserves | 54.9 months |
Financial Health Grade: B
In 2024, Southeastern Christian Education Corporation reported a deficit of $28K with expenses exceeding revenue, holds 54.9 months of operating reserves (strong position), has a debt-to-asset ratio of 0.1% (very low leverage).
Financial Trends
Over 10 years of filings (2012–2024), Southeastern Christian Education Corporation's revenue has grown at a compound annual growth rate (CAGR) of 11.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +23.9% | -21.7% | -8.8% |
| 2023 | -15.0% | +1.3% | -14.2% |
| 2022 | +8.3% | +7.4% | -11.1% |
| 2021 | +0.5% | +3.0% | -9.4% |
| 2020 | -83.9% | +158.6% | +10.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1990 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Southeastern Christian Education Corporation 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 Southeastern Christian Education Corporation 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $28K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.1%.
Frequently Asked Questions about Southeastern Christian Education Corporation
Is Southeastern Christian Education Corporation a legitimate charity?
Southeastern Christian Education Corporation (EIN: 610488858) is a registered tax-exempt nonprofit based in Kentucky. It has 10 years of IRS 990 filings on record. Total revenue: $74K. No red flags identified. Financial health grade: B.
How does Southeastern Christian Education Corporation spend its money?
Southeastern Christian Education Corporation reported $74K in total revenue in IRS 990 filings. 10 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Southeastern Christian Education Corporation tax-deductible?
Southeastern Christian Education Corporation is registered as a tax-exempt nonprofit (EIN: 610488858). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Southeastern Christian Education Corporation located?
Southeastern Christian Education Corporation is headquartered in Harrodsburg, Kentucky and files with the IRS under EIN 610488858.
How many years of IRS 990 filings does Southeastern Christian Education Corporation have?
Southeastern Christian Education Corporation has 10 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 $74K in total revenue.
Filing History
IRS 990 filing history for Southeastern Christian Education Corporation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2012–2024), Southeastern Christian Education Corporation's revenue has grown by 283%, moving from $9K to $36K. Total assets increased by 16.9% over the same period, from $249K to $292K. Total functional expenses rose by 202.6%, from $21K to $64K. In its most recent filing year (2024), Southeastern Christian Education Corporation reported a deficit of $28K, with expenses exceeding revenue. The organization holds $268 in liabilities against $292K in assets (debt-to-asset ratio: 0.1%), resulting in net assets of $291K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $36K | $64K | $292K | $268 | — | — |
| 2023 | $29K | $82K | $320K | $301 | — | View 990 |
| 2022 | $34K | $80K | $373K | $395 | — | — |
| 2021 | $31K | $75K | $419K | $353 | — | — |
| 2020 | $31K | $73K | $463K | $212 | — | View 990 |
| 2016 | $193K | $28K | $418K | $251 | — | View 990 |
| 2015 | $31K | $26K | $253K | $273 | — | View 990 |
| 2014 | $26K | $22K | $248K | $206 | — | View 990 |
| 2013 | $16K | $22K | $243K | $129 | — | View 990 |
| 2012 | $9K | $21K | $249K | $81 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $36K, expenses of $64K, and assets of $292K (revenue +23.9% year-over-year).
- 2023: Revenue of $29K, expenses of $82K, and assets of $320K (revenue -15.0% year-over-year).
- 2022: Revenue of $34K, expenses of $80K, and assets of $373K (revenue +8.3% year-over-year).
- 2021: Revenue of $31K, expenses of $75K, and assets of $419K (revenue +0.5% year-over-year).
- 2020: Revenue of $31K, expenses of $73K, and assets of $463K (revenue -83.9% year-over-year).
- 2016: Revenue of $193K, expenses of $28K, and assets of $418K (revenue +523.5% year-over-year).
- 2015: Revenue of $31K, expenses of $26K, and assets of $253K (revenue +17.5% year-over-year).
- 2014: Revenue of $26K, expenses of $22K, and assets of $248K (revenue +67.6% year-over-year).
- 2013: Revenue of $16K, expenses of $22K, and assets of $243K (revenue +68.9% year-over-year).
- 2012: Revenue of $9K, expenses of $21K, and assets of $249K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Southeastern Christian Education Corporation:
Data Sources and Methodology
This transparency report for Southeastern Christian Education Corporation 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.