Southern Education Foundation Inc
Southern Education Foundation shows fluctuating revenue but consistent asset growth and no reported officer compensation.
EIN: 135562388 · Atlanta, GA · NTEE: B010 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $28.6M |
| Total Expenses | $6.5M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $30 |
| Net Assets | $32.7M |
| Transparency Score | 85/100 |
Search Intent Cockpit
Southern Education Foundation Inc Form 990, Revenue, CEO Pay, and IRS Filing Signals
Southern Education Foundation Inc is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around Southern Education Foundation Inc in one place.
Form 990 Filing Summary
14 filing years are available, with latest revenue of $6.5M and expenses of $6.5M.
Revenue and Expenses
Southern Education Foundation Inc reported $6.5M in revenue and $6.5M in expenses, a deficit of $77K.
Executive Compensation
Top officer compensation appears as $30 in the stored analysis, with context against revenue and expenses below.
Charity Score and Red Flags
85/100 mission score, 2 red flags, and 3 strengths are shown from structured and AI review.
Is Southern Education Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
IRS 990 Data Cockpit
Where the Money Comes From and Where It Goes
Revenue Source Mix
Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.
Expense Deployment
| Program services | $5.6M (85%) |
Across stored filings, Southern Education Foundation Inc shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.
Decision Cockpit
One-Stop Donor, Research, and Peer Context Hub
| Decision Lens | Signal | What to Inspect Next |
|---|---|---|
| Legitimacy | Some Concerns | Good filing record; 2 red flags identified |
| Mission spend | 85% to programs | Excellent |
| Financial durability | Grade B | 14 stored filing years |
| Peer context | Compare with Oquossoc Angling Assoc | Georgia and Education context |
Trust Check
Review legitimacy, deductibility, red flags, and filing consistency.
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Local and Sector Spokes
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Atlanta, GA nonprofitsEducation in Georgia
Education in Georgia
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Keep the Investigation Moving
Southern Education Foundation Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Southern Education Foundation Inc
Southern Education Foundation Inc (EIN: 135562388) is a nonprofit organization based in Atlanta, GA, classified under NTEE code B010. The organization reported total revenue of $28.6M and total assets of $36.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Southern Education Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Southern Education Foundation Inc is a large nonprofit that has been operating for 84 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 7.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $6.5M |
| Total Expenses | $6.5M |
| Surplus / Deficit | $-77,139 |
| Total Assets | $34.0M |
| Total Liabilities | $1.3M |
| Net Assets | $32.7M |
| Operating Margin | -1.2% |
| Debt-to-Asset Ratio | 3.9% |
| Months of Reserves | 62.4 months |
Financial Health Grade: B
In 2023, Southern Education Foundation Inc reported a deficit of $77K with expenses exceeding revenue, holds 62.4 months of operating reserves (strong position), has a debt-to-asset ratio of 3.9% (very low leverage).
Financial Trends
Over 14 years of filings (2010–2023), Southern Education Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 7.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -27.1% | +53.1% | +11.8% |
| 2022 | +77.1% | +56.2% | -7.0% |
| 2021 | +157.5% | -18.2% | +17.5% |
| 2020 | +43.5% | -24.0% | +5.1% |
| 2019 | -47.2% | +1.8% | +1.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1942 |
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 Southern Education Foundation 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Southern Education Foundation 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 deficit of $77K, with expenses exceeding revenue.
- Debt-to-asset ratio: 3.9%.
Executive Compensation Analysis
The reported 0% for officer compensation across all available filings is highly unusual for an organization of this size with assets exceeding $30 million. This suggests that either executive compensation is not being reported in the 'Officer Comp' field or that the organization relies heavily on non-compensated leadership, which would be a significant strength in terms of 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.
Red Flags
The following concerns were identified during AI analysis of Southern Education Foundation Inc's IRS 990 filings:
- Significant year-to-year revenue volatility, making financial planning challenging.
- Consistent reporting of 0% officer compensation, which may indicate incomplete summary data or an unusual compensation structure requiring deeper investigation.
Strengths
The following positive indicators were identified for Southern Education Foundation Inc:
- Consistent growth in assets, from $23.1M in 2014 to $34.0M in 2023, indicating strong financial stewardship.
- Maintained a healthy asset-to-liability ratio, demonstrating financial stability.
- Periods of significant revenue surplus, such as in 2022 ($8.8M revenue vs. $4.2M expenses), allowing for reinvestment or reserve building.
Frequently Asked Questions about Southern Education Foundation Inc
Is Southern Education Foundation Inc a legitimate charity?
Southern Education Foundation Inc (EIN: 135562388) is a registered tax-exempt nonprofit based in Georgia. Our AI analysis gives it a Mission Score of 85/100. It has 14 years of IRS 990 filings on record. Total revenue: $28.6M. 2 red flags identified. 3 strengths noted. Financial health grade: B.
How does Southern Education Foundation Inc spend its money?
Southern Education Foundation Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Southern Education Foundation Inc tax-deductible?
Southern Education Foundation Inc is registered as a tax-exempt nonprofit (EIN: 135562388). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Southern Education Foundation Inc CEO make?
Southern Education Foundation Inc's highest-compensated officer earns $30 annually. The organization reported $28.6M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Southern Education Foundation Inc's spending goes to programs?
Southern Education Foundation Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Southern Education Foundation Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Southern Education Foundation Inc is above average for NTEE category B010 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Southern Education Foundation Inc located?
Southern Education Foundation Inc is headquartered in Atlanta, Georgia and files with the IRS under EIN 135562388. It is classified under NTEE code B010.
How many years of IRS 990 filings does Southern Education Foundation Inc have?
Southern Education Foundation Inc has 14 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 $28.6M in total revenue.
How does Southern Education Foundation Inc. manage its significant year-to-year revenue fluctuations?
The organization's ability to maintain and grow its asset base despite volatile revenue suggests strategic financial planning and potentially reliance on endowment income or reserves to smooth operations during leaner years.
What is the actual executive compensation structure, given the 0% reported in the summary data?
Further review of the full IRS Form 990, specifically Schedule J (Compensation Information), would be necessary to understand how executive compensation is structured and reported, as 0% in the summary field is atypical for an organization of this scale.
What is the primary driver of the organization's expenses, particularly in years with significant deficits like 2019?
Analyzing the detailed expense breakdown in the full 990 forms for periods like 2019 (expenses $4,393,255 vs. revenue $1,354,220) would clarify whether these deficits were due to increased program spending, administrative costs, or other factors.
Filing History
IRS 990 filing history for Southern Education Foundation Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Southern Education Foundation Inc's revenue has grown by 152.9%, moving from $2.6M to $6.5M. Total assets increased by 38.7% over the same period, from $24.5M to $34.0M. Total functional expenses rose by 173.3%, from $2.4M to $6.5M. In its most recent filing year (2023), Southern Education Foundation Inc reported a deficit of $77K, with expenses exceeding revenue. The organization holds $1.3M in liabilities against $34.0M in assets (debt-to-asset ratio: 3.9%), resulting in net assets of $32.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $6.5M | $6.5M | $34.0M | $1.3M | — | View 990 |
| 2022 | $8.9M | $4.3M | $30.4M | $1.2M | — | View 990 |
| 2021 | $5.0M | $2.7M | $32.7M | $1.2M | — | View 990 |
| 2020 | $1.9M | $3.3M | $27.8M | $1.3M | — | — |
| 2019 | $1.4M | $4.4M | $26.5M | $1.1M | — | View 990 |
| 2018 | $2.6M | $4.3M | $26.0M | $1.3M | — | View 990 |
| 2017 | $5.1M | $4.3M | $30.2M | $1.2M | — | View 990 |
| 2016 | $4.2M | $2.8M | $25.9M | $47K | — | View 990 |
| 2015 | $7.4M | $3.1M | $26.4M | $146K | — | View 990 |
| 2014 | $3.0M | $3.2M | $23.1M | $60K | — | View 990 |
| 2013 | $1.5M | $2.8M | $23.9M | $52K | — | View 990 |
| 2012 | $1.7M | $2.5M | $24.4M | $60K | — | View 990 |
| 2011 | $2.9M | $2.7M | $24.1M | $87K | — | View 990 |
| 2010 | $2.6M | $2.4M | $24.5M | $74K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $6.5M, expenses of $6.5M, and assets of $34.0M (revenue -27.1% year-over-year).
- 2022: Revenue of $8.9M, expenses of $4.3M, and assets of $30.4M (revenue +77.1% year-over-year).
- 2021: Revenue of $5.0M, expenses of $2.7M, and assets of $32.7M (revenue +157.5% year-over-year).
- 2020: Revenue of $1.9M, expenses of $3.3M, and assets of $27.8M (revenue +43.5% year-over-year).
- 2019: Revenue of $1.4M, expenses of $4.4M, and assets of $26.5M (revenue -47.2% year-over-year).
- 2018: Revenue of $2.6M, expenses of $4.3M, and assets of $26.0M (revenue -49.6% year-over-year).
- 2017: Revenue of $5.1M, expenses of $4.3M, and assets of $30.2M (revenue +20.8% year-over-year).
- 2016: Revenue of $4.2M, expenses of $2.8M, and assets of $25.9M (revenue -42.8% year-over-year).
- 2015: Revenue of $7.4M, expenses of $3.1M, and assets of $26.4M (revenue +143.6% year-over-year).
- 2014: Revenue of $3.0M, expenses of $3.2M, and assets of $23.1M (revenue +101.8% year-over-year).
- 2013: Revenue of $1.5M, expenses of $2.8M, and assets of $23.9M (revenue -13.6% year-over-year).
- 2012: Revenue of $1.7M, expenses of $2.5M, and assets of $24.4M (revenue -39.2% year-over-year).
- 2011: Revenue of $2.9M, expenses of $2.7M, and assets of $24.1M (revenue +11.8% year-over-year).
- 2010: Revenue of $2.6M, expenses of $2.4M, and assets of $24.5M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Southern Education Foundation Inc:
Data Sources and Methodology
This transparency report for Southern Education Foundation 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.