Southeastern New England Educational And Charitable Foundat
EIN: 814738363 · East Lyme, CT · NTEE: T23
| Metric | Value |
|---|---|
| Total Revenue | $556K |
| Total Expenses | $235K |
| Net Assets | $2.2M |
Is Southeastern New England Educational And Charitable Foundat Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Southeastern New England Educational And Charitable Foundat
Southeastern New England Educational And Charitable Foundat (EIN: 814738363) is a nonprofit organization based in East Lyme, CT, classified under NTEE code T23. The organization reported total revenue of $556K and total assets of $2.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Southeastern New England Educational And Charitable Foundat's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Southeastern New England Educational And Charitable Foundat is a small nonprofit that has been operating for 8 years, with 5 years of IRS 990 filings on record (2019–2023). Revenue has grown at a compound annual rate of 57.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $105K |
| Total Expenses | $235K |
| Surplus / Deficit | $-130,164 |
| Total Assets | $2.2M |
| Total Liabilities | $1 |
| Net Assets | $2.2M |
| Operating Margin | -124.2% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 110.4 months |
Financial Health Grade: B
In 2023, Southeastern New England Educational And Charitable Foundat reported a deficit of $130K with expenses exceeding revenue, holds 110.4 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 5 years of filings (2019–2023), Southeastern New England Educational And Charitable Foundat's revenue has grown at a compound annual growth rate (CAGR) of 57.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -27.6% | -11.1% | -5.6% |
| 2022 | +21.9% | +47.5% | -5.0% |
| 2020 | -179.6% | +2.8% | -6.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2018 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Southeastern New England Educational And Charitable Foundat 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 New England Educational And Charitable Foundat 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $130K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Southeastern New England Educational And Charitable Foundat
Is Southeastern New England Educational And Charitable Foundat a legitimate charity?
Based on AI analysis of IRS 990 filings, Southeastern New England Educational And Charitable Foundat (EIN: 814738363) insufficient data. 0 red flags identified, 0 strengths noted.
How does Southeastern New England Educational And Charitable Foundat spend its money?
Detailed spending breakdown data is not yet available for Southeastern New England Educational And Charitable Foundat. Check back for updated IRS 990 analysis.
Are donations to Southeastern New England Educational And Charitable Foundat tax-deductible?
Southeastern New England Educational And Charitable Foundat is registered as a tax-exempt nonprofit (EIN: 814738363). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Southeastern New England Educational And Charitable Foundat located?
Southeastern New England Educational And Charitable Foundat is headquartered in East Lyme, Connecticut and files with the IRS under EIN 814738363. It is classified under NTEE code T23.
How many years of IRS 990 filings does Southeastern New England Educational And Charitable Foundat have?
Southeastern New England Educational And Charitable Foundat has 5 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 $556K in total revenue.
Filing History
IRS 990 filing history for Southeastern New England Educational And Charitable Foundat showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2019–2023), Southeastern New England Educational And Charitable Foundat's revenue has grown by 516.4%, moving from $17K to $105K. Total assets decreased by 17.3% over the same period, from $2.6M to $2.2M. Total functional expenses rose by 62%, from $145K to $235K. In its most recent filing year (2023), Southeastern New England Educational And Charitable Foundat reported a deficit of $130K, with expenses exceeding revenue. The organization holds $1 in liabilities against $2.2M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $2.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $105K | $235K | $2.2M | $1 | — | View 990 |
| 2022 | $145K | $264K | $2.3M | $1 | — | View 990 |
| 2021 | $119K | $179K | $2.4M | $1 | — | — |
| 2020 | $-13,524 | $149K | $2.5M | $1 | — | View 990 |
| 2019 | $17K | $145K | $2.6M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $105K, expenses of $235K, and assets of $2.2M (revenue -27.6% year-over-year).
- 2022: Revenue of $145K, expenses of $264K, and assets of $2.3M (revenue +21.9% year-over-year).
- 2021: Revenue of $119K, expenses of $179K, and assets of $2.4M.
- 2020: Revenue of $-13,524, expenses of $149K, and assets of $2.5M (revenue -179.6% year-over-year).
- 2019: Revenue of $17K, expenses of $145K, and assets of $2.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Southeastern New England Educational And Charitable Foundat:
Data Sources and Methodology
This transparency report for Southeastern New England Educational And Charitable Foundat 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.