Southern Pine Electric Trust Inc
EIN: 412040142 · Brewton, AL · NTEE: B82
Is Southern Pine Electric Trust Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Southern Pine Electric Trust Inc
Southern Pine Electric Trust Inc (EIN: 412040142) is a nonprofit organization based in Brewton, AL, classified under NTEE code B82. The organization reported total revenue of $88K and total assets of $232K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Southern Pine Electric Trust Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Southern Pine Electric Trust Inc is a micro nonprofit that has been operating for 23 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -2.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $85K |
| Total Expenses | $67K |
| Surplus / Deficit | +$19K |
| Total Assets | $211K |
| Net Assets | $211K |
| Operating Margin | 22.0% |
| Months of Reserves | 38.0 months |
Financial Health Grade: A
In 2023, Southern Pine Electric Trust Inc reported a surplus of $19K with revenue exceeding expenses, holds 38.0 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Southern Pine Electric Trust Inc's revenue has declined at a compound annual growth rate (CAGR) of -2.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +2.1% | -33.6% | +9.8% |
| 2022 | +0.4% | +67.7% | -8.1% |
| 2021 | -0.6% | +15.2% | +12.9% |
| 2020 | -1.1% | +10.9% | +20.8% |
| 2019 | -1.0% | -23.9% | +32.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2003 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Southern Pine Electric Trust 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 Southern Pine Electric Trust 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 $19K, with revenue exceeding expenses.
Frequently Asked Questions about Southern Pine Electric Trust Inc
Is Southern Pine Electric Trust Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Southern Pine Electric Trust Inc (EIN: 412040142) insufficient data. 0 red flags identified, 0 strengths noted.
How does Southern Pine Electric Trust Inc spend its money?
Detailed spending breakdown data is not yet available for Southern Pine Electric Trust Inc. Check back for updated IRS 990 analysis.
Are donations to Southern Pine Electric Trust Inc tax-deductible?
Southern Pine Electric Trust Inc is registered as a tax-exempt nonprofit (EIN: 412040142). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Southern Pine Electric Trust Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Southern Pine Electric Trust Inc's revenue has declined by 27.4%, moving from $117K to $85K. Total assets increased by 2026.7% over the same period, from $10K to $211K. Total functional expenses fell by 39.1%, from $109K to $67K. In its most recent filing year (2023), Southern Pine Electric Trust Inc reported a surplus of $19K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $85K | $67K | $211K | $0 | — | — |
| 2022 | $84K | $100K | $192K | $0 | — | View 990 |
| 2021 | $83K | $60K | $209K | $352 | — | — |
| 2020 | $84K | $52K | $185K | $0 | — | — |
| 2019 | $85K | $47K | $153K | $0 | — | View 990 |
| 2018 | $85K | $61K | $115K | $0 | — | View 990 |
| 2017 | $89K | $76K | $26K | $53 | — | View 990 |
| 2016 | $112K | $104K | $14K | $0 | — | View 990 |
| 2015 | $91K | $105K | $5K | $0 | — | View 990 |
| 2014 | $69K | $67K | $18K | $0 | — | View 990 |
| 2013 | $70K | $76K | $16K | $0 | — | View 990 |
| 2012 | $70K | $57K | $23K | $0 | — | View 990 |
| 2011 | $117K | $109K | $10K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $85K, expenses of $67K, and assets of $211K (revenue +2.1% year-over-year).
- 2022: Revenue of $84K, expenses of $100K, and assets of $192K (revenue +0.4% year-over-year).
- 2021: Revenue of $83K, expenses of $60K, and assets of $209K (revenue -0.6% year-over-year).
- 2020: Revenue of $84K, expenses of $52K, and assets of $185K (revenue -1.1% year-over-year).
- 2019: Revenue of $85K, expenses of $47K, and assets of $153K (revenue -1.0% year-over-year).
- 2018: Revenue of $85K, expenses of $61K, and assets of $115K (revenue -3.5% year-over-year).
- 2017: Revenue of $89K, expenses of $76K, and assets of $26K (revenue -21.2% year-over-year).
- 2016: Revenue of $112K, expenses of $104K, and assets of $14K (revenue +23.0% year-over-year).
- 2015: Revenue of $91K, expenses of $105K, and assets of $5K (revenue +32.2% year-over-year).
- 2014: Revenue of $69K, expenses of $67K, and assets of $18K (revenue -0.9% year-over-year).
- 2013: Revenue of $70K, expenses of $76K, and assets of $16K (revenue -0.5% year-over-year).
- 2012: Revenue of $70K, expenses of $57K, and assets of $23K (revenue -40.3% year-over-year).
- 2011: Revenue of $117K, expenses of $109K, and assets of $10K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Southern Pine Electric Trust Inc:
Data Sources and Methodology
This transparency report for Southern Pine Electric Trust 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.