Sponsors For Educational Opportunity Inc
Sponsors For Educational Opportunity Inc shows strong financial growth and zero reported officer compensation.
EIN: 132578670 · New York, NY · NTEE: B900 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $80.9M |
| Total Expenses | $44.2M |
| Program Spending | 90% |
| Net Assets | $69.5M |
| Transparency Score | 95/100 |
Is Sponsors For Educational Opportunity Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Sponsors For Educational Opportunity Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Sponsors For Educational Opportunity Inc
Sponsors For Educational Opportunity Inc (EIN: 132578670) is a nonprofit organization based in New York, NY, classified under NTEE code B900. The organization reported total revenue of $80.9M and total assets of $112.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Sponsors For Educational Opportunity Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Sponsors For Educational Opportunity Inc is a major nonprofit that has been operating for 61 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 14.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $45.8M |
| Total Expenses | $44.2M |
| Surplus / Deficit | +$1.6M |
| Total Assets | $76.1M |
| Total Liabilities | $6.6M |
| Net Assets | $69.5M |
| Operating Margin | 3.4% |
| Debt-to-Asset Ratio | 8.7% |
| Months of Reserves | 20.6 months |
Financial Health Grade: A
In 2023, Sponsors For Educational Opportunity Inc reported a surplus of $1.6M with revenue exceeding expenses, holds 20.6 months of operating reserves (strong position), has a debt-to-asset ratio of 8.7% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Sponsors For Educational Opportunity Inc's revenue has grown at a compound annual growth rate (CAGR) of 14.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +4.7% | +12.2% | +6.7% |
| 2022 | -9.1% | +19.7% | +1.1% |
| 2021 | +38.3% | +22.2% | +36.4% |
| 2020 | +34.5% | +11.3% | +32.9% |
| 2019 | +33.9% | +18.3% | +5.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 1965 |
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 Sponsors For Educational Opportunity Inc with a Mission Score of 95 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Sponsors For Educational Opportunity Inc allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% 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 surplus of $1.6M, with revenue exceeding expenses.
- Debt-to-asset ratio: 8.7%.
Executive Compensation Analysis
Sponsors For Educational Opportunity Inc consistently reports 0% officer compensation across all available filings, indicating that no compensation was paid to officers, directors, trustees, or key employees, which is highly unusual for an organization of its size and suggests a strong commitment to directing funds towards its mission.
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.
Strengths
The following positive indicators were identified for Sponsors For Educational Opportunity Inc:
- Consistent revenue growth, from $14.6M in 2014 to $45.7M in 2023 (and latest reported $80.8M).
- Zero reported officer compensation across all filings, indicating high efficiency and mission focus.
- Strong asset accumulation, with assets growing from $26.5M in 2014 to $76.0M in 2023 (and latest reported $112.9M).
- Healthy financial position with low liabilities relative to assets.
- Expenses consistently below revenue in most recent periods, allowing for reinvestment and growth.
Frequently Asked Questions about Sponsors For Educational Opportunity Inc
Is Sponsors For Educational Opportunity Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Sponsors For Educational Opportunity Inc (EIN: 132578670) appears legitimate. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.
How does Sponsors For Educational Opportunity Inc spend its money?
Sponsors For Educational Opportunity Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Sponsors For Educational Opportunity Inc tax-deductible?
Sponsors For Educational Opportunity Inc is registered as a tax-exempt nonprofit (EIN: 132578670). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Sponsors For Educational Opportunity Inc's spending goes to programs?
Sponsors For Educational Opportunity Inc directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Sponsors For Educational Opportunity Inc compare to similar nonprofits?
With a transparency score of 95/100 (Excellent), Sponsors For Educational Opportunity Inc is above average for NTEE category B900 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Sponsors For Educational Opportunity Inc located?
Sponsors For Educational Opportunity Inc is headquartered in New York, New York and files with the IRS under EIN 132578670. It is classified under NTEE code B900.
How many years of IRS 990 filings does Sponsors For Educational Opportunity Inc have?
Sponsors For Educational Opportunity Inc has 13 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 $80.9M in total revenue.
Is Sponsors For Educational Opportunity Inc a good charity?
Based on the provided IRS 990 data, Sponsors For Educational Opportunity Inc appears to be a very good charity. It demonstrates strong financial health, consistent revenue growth, and a remarkable commitment to its mission by reporting 0% officer compensation across all filings, suggesting efficient use of funds for programs.
How has SEO's revenue grown over time?
SEO has experienced significant revenue growth, increasing from $14,622,271 in 201408 to $45,778,804 in 202308, and its latest reported revenue is $80,880,583, indicating substantial expansion.
What is the organization's asset-to-liability ratio?
The organization maintains a very healthy asset-to-liability ratio. For instance, in the 202308 period, assets were $76,070,925 while liabilities were $6,598,734, demonstrating strong financial stability and low leverage.
Filing History
IRS 990 filing history for Sponsors For Educational Opportunity Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Sponsors For Educational Opportunity Inc's revenue has grown by 406.7%, moving from $9.0M to $45.8M. Total assets increased by 246.1% over the same period, from $22.0M to $76.1M. Total functional expenses rose by 502.9%, from $7.3M to $44.2M. In its most recent filing year (2023), Sponsors For Educational Opportunity Inc reported a surplus of $1.6M, with revenue exceeding expenses. The organization holds $6.6M in liabilities against $76.1M in assets (debt-to-asset ratio: 8.7%), resulting in net assets of $69.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $45.8M | $44.2M | $76.1M | $6.6M | — | View 990 |
| 2022 | $43.7M | $39.4M | $71.3M | $6.0M | — | View 990 |
| 2021 | $48.1M | $32.9M | $70.5M | $5.7M | — | View 990 |
| 2020 | $34.8M | $26.9M | $51.7M | $5.1M | — | — |
| 2019 | $25.9M | $24.2M | $38.9M | $2.1M | — | View 990 |
| 2018 | $19.3M | $20.4M | $36.8M | $2.0M | — | View 990 |
| 2017 | $19.0M | $17.8M | $36.6M | $1.2M | — | View 990 |
| 2016 | $18.1M | $14.3M | $34.6M | $1.0M | — | View 990 |
| 2015 | $15.4M | $12.1M | $29.8M | $704K | — | View 990 |
| 2014 | $14.6M | $10.1M | $26.6M | $673K | — | View 990 |
| 2013 | $8.3M | $8.2M | $21.5M | $635K | — | View 990 |
| 2012 | $7.1M | $7.9M | $21.4M | $448K | — | View 990 |
| 2011 | $9.0M | $7.3M | $22.0M | $538K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $45.8M, expenses of $44.2M, and assets of $76.1M (revenue +4.7% year-over-year).
- 2022: Revenue of $43.7M, expenses of $39.4M, and assets of $71.3M (revenue -9.1% year-over-year).
- 2021: Revenue of $48.1M, expenses of $32.9M, and assets of $70.5M (revenue +38.3% year-over-year).
- 2020: Revenue of $34.8M, expenses of $26.9M, and assets of $51.7M (revenue +34.5% year-over-year).
- 2019: Revenue of $25.9M, expenses of $24.2M, and assets of $38.9M (revenue +33.9% year-over-year).
- 2018: Revenue of $19.3M, expenses of $20.4M, and assets of $36.8M (revenue +1.9% year-over-year).
- 2017: Revenue of $19.0M, expenses of $17.8M, and assets of $36.6M (revenue +4.5% year-over-year).
- 2016: Revenue of $18.1M, expenses of $14.3M, and assets of $34.6M (revenue +17.5% year-over-year).
- 2015: Revenue of $15.4M, expenses of $12.1M, and assets of $29.8M (revenue +5.6% year-over-year).
- 2014: Revenue of $14.6M, expenses of $10.1M, and assets of $26.6M (revenue +76.9% year-over-year).
- 2013: Revenue of $8.3M, expenses of $8.2M, and assets of $21.5M (revenue +16.3% year-over-year).
- 2012: Revenue of $7.1M, expenses of $7.9M, and assets of $21.4M (revenue -21.3% year-over-year).
- 2011: Revenue of $9.0M, expenses of $7.3M, and assets of $22.0M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Sponsors For Educational Opportunity Inc:
Data Sources and Methodology
This transparency report for Sponsors For Educational Opportunity 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.