Southeastern Wind Coalition Inc
EIN: 455022829 · Chapel Hill, NC · NTEE: C35
| Metric | Value |
|---|---|
| Total Revenue | $1.0M |
| Total Expenses | $671K |
| Net Assets | $1.1M |
Is Southeastern Wind Coalition Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Southeastern Wind Coalition Inc
Southeastern Wind Coalition Inc (EIN: 455022829) is a nonprofit organization based in Chapel Hill, NC, classified under NTEE code C35. The organization reported total revenue of $1.0M and total assets of $1.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Southeastern Wind Coalition Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Southeastern Wind Coalition Inc is a mid-size nonprofit that has been operating for 12 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 15.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $692K |
| Total Expenses | $671K |
| Surplus / Deficit | +$22K |
| Total Assets | $1.1M |
| Total Liabilities | $32K |
| Net Assets | $1.1M |
| Operating Margin | 3.1% |
| Debt-to-Asset Ratio | 2.8% |
| Months of Reserves | 20.2 months |
Financial Health Grade: A
In 2023, Southeastern Wind Coalition Inc reported a surplus of $22K with revenue exceeding expenses, holds 20.2 months of operating reserves (strong position), has a debt-to-asset ratio of 2.8% (very low leverage).
Financial Trends
Over 12 years of filings (2012–2023), Southeastern Wind Coalition Inc's revenue has grown at a compound annual growth rate (CAGR) of 15.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -21.9% | +50.0% | +3.4% |
| 2022 | +102.1% | +33.6% | +68.4% |
| 2021 | +19.4% | +16.9% | +20.4% |
| 2020 | +26.6% | +6.7% | +16.8% |
| 2019 | -23.7% | -17.2% | +5.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2014 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Southeastern Wind Coalition Inc 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 Wind Coalition Inc 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 surplus of $22K, with revenue exceeding expenses.
- Debt-to-asset ratio: 2.8%.
Frequently Asked Questions about Southeastern Wind Coalition Inc
Is Southeastern Wind Coalition Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Southeastern Wind Coalition Inc (EIN: 455022829) insufficient data. 0 red flags identified, 0 strengths noted.
How does Southeastern Wind Coalition Inc spend its money?
Detailed spending breakdown data is not yet available for Southeastern Wind Coalition Inc. Check back for updated IRS 990 analysis.
Are donations to Southeastern Wind Coalition Inc tax-deductible?
Southeastern Wind Coalition Inc is registered as a tax-exempt nonprofit (EIN: 455022829). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Southeastern Wind Coalition Inc located?
Southeastern Wind Coalition Inc is headquartered in Chapel Hill, North Carolina and files with the IRS under EIN 455022829. It is classified under NTEE code C35.
How many years of IRS 990 filings does Southeastern Wind Coalition Inc have?
Southeastern Wind Coalition Inc has 12 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 $1.0M in total revenue.
Filing History
IRS 990 filing history for Southeastern Wind Coalition Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Southeastern Wind Coalition Inc's revenue has grown by 369.5%, moving from $147K to $692K. Total assets increased by 2243% over the same period, from $48K to $1.1M. Total functional expenses rose by 565.7%, from $101K to $671K. In its most recent filing year (2023), Southeastern Wind Coalition Inc reported a surplus of $22K, with revenue exceeding expenses. The organization holds $32K in liabilities against $1.1M in assets (debt-to-asset ratio: 2.8%), resulting in net assets of $1.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $692K | $671K | $1.1M | $32K | — | — |
| 2022 | $887K | $447K | $1.1M | $17K | — | View 990 |
| 2021 | $439K | $335K | $649K | $7K | — | View 990 |
| 2020 | $367K | $286K | $539K | $1K | — | — |
| 2019 | $290K | $268K | $462K | $5K | — | View 990 |
| 2018 | $380K | $324K | $436K | $953 | — | View 990 |
| 2017 | $358K | $278K | $381K | $925 | — | View 990 |
| 2016 | $368K | $238K | $300K | $553 | — | View 990 |
| 2015 | $382K | $305K | $176K | $7K | — | View 990 |
| 2014 | $298K | $234K | $97K | $5K | — | View 990 |
| 2013 | $195K | $214K | $31K | $3K | — | View 990 |
| 2012 | $147K | $101K | $48K | $2K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $692K, expenses of $671K, and assets of $1.1M (revenue -21.9% year-over-year).
- 2022: Revenue of $887K, expenses of $447K, and assets of $1.1M (revenue +102.1% year-over-year).
- 2021: Revenue of $439K, expenses of $335K, and assets of $649K (revenue +19.4% year-over-year).
- 2020: Revenue of $367K, expenses of $286K, and assets of $539K (revenue +26.6% year-over-year).
- 2019: Revenue of $290K, expenses of $268K, and assets of $462K (revenue -23.7% year-over-year).
- 2018: Revenue of $380K, expenses of $324K, and assets of $436K (revenue +6.2% year-over-year).
- 2017: Revenue of $358K, expenses of $278K, and assets of $381K (revenue -2.8% year-over-year).
- 2016: Revenue of $368K, expenses of $238K, and assets of $300K (revenue -3.5% year-over-year).
- 2015: Revenue of $382K, expenses of $305K, and assets of $176K (revenue +28.2% year-over-year).
- 2014: Revenue of $298K, expenses of $234K, and assets of $97K (revenue +52.5% year-over-year).
- 2013: Revenue of $195K, expenses of $214K, and assets of $31K (revenue +32.5% year-over-year).
- 2012: Revenue of $147K, expenses of $101K, and assets of $48K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Southeastern Wind Coalition Inc:
Data Sources and Methodology
This transparency report for Southeastern Wind Coalition 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.