Southeastern Massachusetts Agricultural Partnership Inc
Southeastern Massachusetts Agricultural Partnership Inc shows strong revenue growth and no executive compensation.
EIN: 201625240 · S Dartmouth, MA · NTEE: P20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $228K |
| Total Expenses | $323K |
| Program Spending | 85% |
| Net Assets | $310K |
| Transparency Score | 90/100 |
Is Southeastern Massachusetts Agricultural Partnership Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Southeastern Massachusetts Agricultural Partnership Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Southeastern Massachusetts Agricultural Partnership Inc
Southeastern Massachusetts Agricultural Partnership Inc (EIN: 201625240) is a nonprofit organization based in S Dartmouth, MA, classified under NTEE code P20. The organization reported total revenue of $228K and total assets of $274K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Southeastern Massachusetts Agricultural Partnership Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Southeastern Massachusetts Agricultural Partnership Inc is a small nonprofit that has been operating for 16 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 6.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $368K |
| Total Expenses | $323K |
| Surplus / Deficit | +$45K |
| Total Assets | $347K |
| Total Liabilities | $37K |
| Net Assets | $310K |
| Operating Margin | 12.3% |
| Debt-to-Asset Ratio | 10.5% |
| Months of Reserves | 12.9 months |
Financial Health Grade: A
In 2023, Southeastern Massachusetts Agricultural Partnership Inc reported a surplus of $45K with revenue exceeding expenses, holds 12.9 months of operating reserves (strong position), has a debt-to-asset ratio of 10.5% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Southeastern Massachusetts Agricultural Partnership Inc's revenue has grown at a compound annual growth rate (CAGR) of 6.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +0.3% | +6.0% | +1.1% |
| 2022 | +43.8% | +7.5% | +218.4% |
| 2021 | +184.2% | +117.4% | -15.9% |
| 2020 | -64.4% | -20.1% | -24.1% |
| 2019 | +68.7% | -15.6% | +111.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2010 |
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 Massachusetts Agricultural Partnership Inc with a Mission Score of 90 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: 85%
- fundraising: 5%
According to IRS 990 filings, Southeastern Massachusetts Agricultural Partnership Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $45K, with revenue exceeding expenses.
- Debt-to-asset ratio: 10.5%.
Executive Compensation Analysis
Executive compensation has consistently been reported as 0% across all available filings, indicating that the organization's leadership is either volunteer-based or compensated through other means not classified as officer compensation, which is highly favorable for resource allocation.
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 Massachusetts Agricultural Partnership Inc:
- Strong revenue growth, increasing from $89,838 in 2020 to $368,183 in 2023.
- No reported officer compensation across all filings, indicating efficient use of funds.
- Healthy asset-to-liability ratio, with assets of $346,627 and liabilities of $36,544 in 2023.
- Consistent history of IRS 990 filings (13 filings), demonstrating transparency.
- Positive net income in most recent years, with revenues exceeding expenses (e.g., $368,183 revenue vs. $323,035 expenses in 2023).
Frequently Asked Questions about Southeastern Massachusetts Agricultural Partnership Inc
Is Southeastern Massachusetts Agricultural Partnership Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Southeastern Massachusetts Agricultural Partnership Inc (EIN: 201625240) appears legitimate. Mission Score: 90/100. 0 red flags identified, 5 strengths noted.
How does Southeastern Massachusetts Agricultural Partnership Inc spend its money?
Southeastern Massachusetts Agricultural Partnership Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Southeastern Massachusetts Agricultural Partnership Inc tax-deductible?
Southeastern Massachusetts Agricultural Partnership Inc is registered as a tax-exempt nonprofit (EIN: 201625240). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Southeastern Massachusetts Agricultural Partnership Inc's spending goes to programs?
Southeastern Massachusetts Agricultural Partnership Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Southeastern Massachusetts Agricultural Partnership Inc compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Southeastern Massachusetts Agricultural Partnership Inc is above average for NTEE category P20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Southeastern Massachusetts Agricultural Partnership Inc located?
Southeastern Massachusetts Agricultural Partnership Inc is headquartered in S Dartmouth, Massachusetts and files with the IRS under EIN 201625240. It is classified under NTEE code P20.
How many years of IRS 990 filings does Southeastern Massachusetts Agricultural Partnership Inc have?
Southeastern Massachusetts Agricultural Partnership 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 $228K in total revenue.
Is Southeastern Massachusetts Agricultural Partnership Inc a good charity?
Based on its financial data, SEMAP appears to be a good charity. It demonstrates strong financial health with growing revenues (e.g., $368,183 in 2023), healthy assets ($346,627 in 2023), and no reported officer compensation, suggesting efficient use of funds for its mission.
How has SEMAP's revenue trended over the past few years?
SEMAP's revenue has shown significant growth, particularly from 2020 ($89,838) to 2023 ($368,183), indicating increasing support and financial capacity.
What is the organization's financial stability?
The organization exhibits good financial stability, with assets of $346,627 in 2023 significantly exceeding liabilities of $36,544, and a consistent trend of revenues surpassing expenses in recent years.
Filing History
IRS 990 filing history for Southeastern Massachusetts Agricultural Partnership Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Southeastern Massachusetts Agricultural Partnership Inc's revenue has grown by 115.7%, moving from $171K to $368K. Total assets increased by 4591.1% over the same period, from $7K to $347K. Total functional expenses rose by 89%, from $171K to $323K. In its most recent filing year (2023), Southeastern Massachusetts Agricultural Partnership Inc reported a surplus of $45K, with revenue exceeding expenses. The organization holds $37K in liabilities against $347K in assets (debt-to-asset ratio: 10.5%), resulting in net assets of $310K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $368K | $323K | $347K | $37K | — | — |
| 2022 | $367K | $305K | $343K | $66K | — | View 990 |
| 2021 | $255K | $283K | $108K | $8K | — | View 990 |
| 2020 | $90K | $130K | $128K | $0 | — | — |
| 2019 | $252K | $163K | $169K | $0 | — | View 990 |
| 2018 | $149K | $193K | $80K | $0 | — | View 990 |
| 2017 | $218K | $190K | $124K | $0 | — | — |
| 2016 | $142K | $142K | $96K | $0 | — | View 990 |
| 2015 | $142K | $140K | $96K | $0 | — | View 990 |
| 2014 | $158K | $66K | $95K | $0 | — | View 990 |
| 2013 | $158K | $158K | $4K | $1K | — | View 990 |
| 2012 | $235K | $208K | $5K | $0 | — | — |
| 2011 | $171K | $171K | $7K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $368K, expenses of $323K, and assets of $347K (revenue +0.3% year-over-year).
- 2022: Revenue of $367K, expenses of $305K, and assets of $343K (revenue +43.8% year-over-year).
- 2021: Revenue of $255K, expenses of $283K, and assets of $108K (revenue +184.2% year-over-year).
- 2020: Revenue of $90K, expenses of $130K, and assets of $128K (revenue -64.4% year-over-year).
- 2019: Revenue of $252K, expenses of $163K, and assets of $169K (revenue +68.7% year-over-year).
- 2018: Revenue of $149K, expenses of $193K, and assets of $80K (revenue -31.3% year-over-year).
- 2017: Revenue of $218K, expenses of $190K, and assets of $124K (revenue +52.8% year-over-year).
- 2016: Revenue of $142K, expenses of $142K, and assets of $96K (revenue +0.5% year-over-year).
- 2015: Revenue of $142K, expenses of $140K, and assets of $96K (revenue -10.5% year-over-year).
- 2014: Revenue of $158K, expenses of $66K, and assets of $95K (revenue +0.0% year-over-year).
- 2013: Revenue of $158K, expenses of $158K, and assets of $4K (revenue -32.7% year-over-year).
- 2012: Revenue of $235K, expenses of $208K, and assets of $5K (revenue +37.7% year-over-year).
- 2011: Revenue of $171K, expenses of $171K, and assets of $7K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Southeastern Massachusetts Agricultural Partnership Inc:
Data Sources and Methodology
This transparency report for Southeastern Massachusetts Agricultural Partnership 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.