Southeastern Medical International Inc
Southeastern Medical International Inc operates with volunteer leadership and fluctuating revenues, consistently directing funds to programs.
EIN: 202954324 · Florence, SC · NTEE: E60 · Updated: 2026-03-28
About Southeastern Medical International Inc
Southeastern Medical International Inc (EIN: 202954324) is a nonprofit organization based in Florence, SC, classified under NTEE code E60. The organization reported total revenue of $113K and total assets of $51K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Southeastern Medical International Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Southeastern Medical International Inc with a Mission Score of 85 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: 5%
- programs: 90%
- fundraising: 5%
According to IRS 990 filings, Southeastern Medical International Inc allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Executive compensation has consistently been reported as 0% across all available filings, indicating that the organization's leadership is entirely volunteer-based, which is highly commendable for a nonprofit of its size with annual revenues typically ranging from $85,000 to $170,000.
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 Southeastern Medical International Inc's IRS 990 filings:
- Frequent periods where expenses exceed revenue, such as in 2023 ($145,641 expenses vs. $126,566 revenue), 2022, 2021, and 2019, which could indicate reliance on reserves or inconsistent funding.
- Relatively small asset base ($65,029 in 2023) compared to annual expenses, suggesting limited financial reserves for unexpected events or sustained operations during revenue downturns.
Strengths
The following positive indicators were identified for Southeastern Medical International Inc:
- Consistent 0% officer compensation across all filings, demonstrating a volunteer-driven leadership and efficient use of donor funds.
- Strong program focus, implied by the lack of paid executive compensation, allowing more funds to be directed to mission-related activities.
- Long filing history (14 filings) indicates consistent operation and transparency in reporting to the IRS.
Frequently Asked Questions about Southeastern Medical International Inc
Is Southeastern Medical International Inc a good charity?
Based on the available data, Southeastern Medical International Inc appears to be a good charity, particularly due to its 0% officer compensation, indicating that all leadership is volunteer. This suggests a strong commitment to directing funds towards its mission. Its program spending is likely very high given this structure.
How has Southeastern Medical International Inc's financial health changed over time?
Southeastern Medical International Inc's financial health has seen fluctuations. While revenue peaked in 2020 at $341,870, it has generally hovered around $100,000-$150,000 in other years. The organization has experienced periods where expenses exceeded revenue (e.g., 2023, 2022, 2021), leading to some asset depletion in those specific years, but overall assets have grown from $27,829 in 2014 to $65,029 in 2023.
What is the organization's approach to executive compensation?
Southeastern Medical International Inc has consistently reported 0% officer compensation in all available IRS 990 filings. This indicates a volunteer-led organization, which is a significant positive for donor confidence and efficient use of funds.
Filing History
IRS 990 filing history for Southeastern Medical International Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Southeastern Medical International Inc's revenue has grown by 51.7%, moving from $83K to $127K. Total assets increased by 39.9% over the same period, from $46K to $65K. Total functional expenses rose by 30%, from $112K to $146K. In its most recent filing year (2023), Southeastern Medical International Inc reported a deficit of $19K, with expenses exceeding revenue. The organization holds $17K in liabilities against $65K in assets (debt-to-asset ratio: 26.2%), resulting in net assets of $48K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $127K | $146K | $65K | $17K | — | — |
| 2022 | $87K | $92K | $69K | $2K | — | View 990 |
| 2021 | $86K | $109K | $80K | $7K | — | View 990 |
| 2020 | $342K | $316K | $96K | $177 | — | — |
| 2019 | $156K | $174K | $75K | $5K | — | View 990 |
| 2018 | $139K | $104K | $98K | $9K | — | View 990 |
| 2017 | $133K | $131K | $53K | $2 | — | View 990 |
| 2016 | $127K | $116K | $53K | $932 | — | View 990 |
| 2015 | $169K | $154K | $41K | $358 | — | View 990 |
| 2014 | $130K | $125K | $28K | $1K | — | View 990 |
| 2013 | $144K | $152K | $29K | $7K | — | View 990 |
| 2012 | $180K | $163K | $39K | $9K | — | View 990 |
| 2011 | $145K | $129K | $32K | $18K | — | View 990 |
| 2010 | $83K | $112K | $46K | $48K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $127K, expenses of $146K, and assets of $65K (revenue +46.2% year-over-year).
- 2022: Revenue of $87K, expenses of $92K, and assets of $69K (revenue +1.1% year-over-year).
- 2021: Revenue of $86K, expenses of $109K, and assets of $80K (revenue -75.0% year-over-year).
- 2020: Revenue of $342K, expenses of $316K, and assets of $96K (revenue +119.3% year-over-year).
- 2019: Revenue of $156K, expenses of $174K, and assets of $75K (revenue +12.3% year-over-year).
- 2018: Revenue of $139K, expenses of $104K, and assets of $98K (revenue +4.7% year-over-year).
- 2017: Revenue of $133K, expenses of $131K, and assets of $53K (revenue +4.3% year-over-year).
- 2016: Revenue of $127K, expenses of $116K, and assets of $53K (revenue -24.7% year-over-year).
- 2015: Revenue of $169K, expenses of $154K, and assets of $41K (revenue +29.9% year-over-year).
- 2014: Revenue of $130K, expenses of $125K, and assets of $28K (revenue -10.0% year-over-year).
- 2013: Revenue of $144K, expenses of $152K, and assets of $29K (revenue -19.7% year-over-year).
- 2012: Revenue of $180K, expenses of $163K, and assets of $39K (revenue +24.2% year-over-year).
- 2011: Revenue of $145K, expenses of $129K, and assets of $32K (revenue +73.5% year-over-year).
- 2010: Revenue of $83K, expenses of $112K, and assets of $46K.
Data Sources and Methodology
This transparency report for Southeastern Medical International 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.