Support Our Seminarians Inc
Support Our Seminarians Inc. maintains zero liabilities and no officer compensation amidst fluctuating, modest revenues.
EIN: 203724302 · Chandler, AZ · NTEE: X192 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $14K |
| Total Expenses | $4K |
| Program Spending | 85% |
| Net Assets | $8K |
| Transparency Score | 85/100 |
Is Support Our Seminarians Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Support Our Seminarians Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Support Our Seminarians Inc
Support Our Seminarians Inc (EIN: 203724302) is a nonprofit organization based in Chandler, AZ, classified under NTEE code X192. The organization reported total revenue of $14K and total assets of $10K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Support Our Seminarians Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Support Our Seminarians Inc is a micro nonprofit that has been operating for 21 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -10.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $10K |
| Total Expenses | $4K |
| Surplus / Deficit | +$6K |
| Total Assets | $8K |
| Net Assets | $8K |
| Operating Margin | 60.4% |
| Months of Reserves | 24.9 months |
Financial Health Grade: A
In 2023, Support Our Seminarians Inc reported a surplus of $6K with revenue exceeding expenses, holds 24.9 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Support Our Seminarians Inc's revenue has declined at a compound annual growth rate (CAGR) of -10.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2021 | -100.0% | -62.7% | -25.3% |
| 2020 | -88.5% | +30.5% | -32.5% |
| 2019 | +237.7% | -19.9% | +398.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2005 |
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 Support Our Seminarians 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: 15%
- programs: 85%
- fundraising: 0%
According to IRS 990 filings, Support Our Seminarians Inc allocates its expenses as follows: admin: 15%, programs: 85%, fundraising: 0%. 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 surplus of $6K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that the organization's leadership is either entirely volunteer-based or compensated through non-officer roles, which is highly efficient for an organization of its modest size.
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 Support Our Seminarians Inc's IRS 990 filings:
- Highly fluctuating annual revenue, making long-term financial planning potentially challenging.
Strengths
The following positive indicators were identified for Support Our Seminarians Inc:
- Consistent reporting of $0 liabilities, indicating strong financial health and no debt.
- 0% officer compensation across all filings, demonstrating high efficiency and dedication to mission.
- Consistent IRS 990 filing history (13 filings), indicating strong transparency and compliance.
- Assets consistently exceed liabilities, showing a positive net financial position.
- Prudent expense management, often keeping expenses well below revenue in profitable years.
Frequently Asked Questions about Support Our Seminarians Inc
Is Support Our Seminarians Inc a legitimate charity?
Support Our Seminarians Inc (EIN: 203724302) is a registered tax-exempt nonprofit based in Arizona. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $14K. 1 red flag identified. 5 strengths noted. Financial health grade: A.
How does Support Our Seminarians Inc spend its money?
Support Our Seminarians Inc directs 85% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Support Our Seminarians Inc tax-deductible?
Support Our Seminarians Inc is registered as a tax-exempt nonprofit (EIN: 203724302). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Support Our Seminarians Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Support Our Seminarians Inc is above average for NTEE category X192 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Support Our Seminarians Inc located?
Support Our Seminarians Inc is headquartered in Chandler, Arizona and files with the IRS under EIN 203724302. It is classified under NTEE code X192.
How many years of IRS 990 filings does Support Our Seminarians Inc have?
Support Our Seminarians 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 $14K in total revenue.
Is Support Our Seminarians Inc. a good charity?
Based on the available financial data, Support Our Seminarians Inc. appears to be a well-managed charity, especially considering its consistent reporting of $0 liabilities and 0% officer compensation. This suggests a strong commitment to directing funds towards its mission rather than administrative overhead or executive salaries. Its consistent filing of IRS 990s also indicates good transparency.
How does Support Our Seminarians Inc. manage its expenses?
The organization manages its expenses prudently, often keeping them below revenue, as seen in 2023 where revenue was $10,025 and expenses were $3,966. Even in years with $0 revenue, expenses were minimal (e.g., $1,542 in 2022), indicating a lean operational model. The consistent 0% officer compensation further highlights efficient expense management.
What is the financial stability of Support Our Seminarians Inc.?
Support Our Seminarians Inc. demonstrates good financial stability for its size. It consistently reports $0 liabilities and has maintained positive assets, reaching $10,309 in the latest period. While revenue fluctuates, the organization has shown an ability to manage expenses and grow its asset base over time, indicating resilience.
Filing History
IRS 990 filing history for Support Our Seminarians Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Support Our Seminarians Inc's revenue has declined by 74.2%, moving from $39K to $10K. Total assets increased by 60.7% over the same period, from $5K to $8K. Total functional expenses fell by 89.8%, from $39K to $4K. In its most recent filing year (2023), Support Our Seminarians Inc reported a surplus of $6K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $10K | $4K | $8K | $0 | — | View 990 |
| 2022 | $0 | $2K | $2K | $0 | — | — |
| 2021 | $0 | $1K | $4K | $0 | — | — |
| 2020 | $974 | $3K | $5K | $0 | — | — |
| 2019 | $8K | $3K | $7K | $0 | — | View 990 |
| 2018 | $3K | $3K | $1K | $0 | — | View 990 |
| 2017 | $4K | $2K | $2K | $0 | — | View 990 |
| 2016 | $0 | $2K | $471 | $0 | — | View 990 |
| 2015 | $0 | $1K | $3K | $0 | — | View 990 |
| 2014 | $3K | $2K | $4K | $0 | — | View 990 |
| 2013 | $665 | $3K | $3K | $0 | — | View 990 |
| 2012 | $22K | $22K | $6K | $0 | — | View 990 |
| 2011 | $39K | $39K | $5K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $10K, expenses of $4K, and assets of $8K.
- 2022: Revenue of $0, expenses of $2K, and assets of $2K.
- 2021: Revenue of $0, expenses of $1K, and assets of $4K (revenue -100.0% year-over-year).
- 2020: Revenue of $974, expenses of $3K, and assets of $5K (revenue -88.5% year-over-year).
- 2019: Revenue of $8K, expenses of $3K, and assets of $7K (revenue +237.7% year-over-year).
- 2018: Revenue of $3K, expenses of $3K, and assets of $1K (revenue -28.6% year-over-year).
- 2017: Revenue of $4K, expenses of $2K, and assets of $2K.
- 2016: Revenue of $0, expenses of $2K, and assets of $471.
- 2015: Revenue of $0, expenses of $1K, and assets of $3K (revenue -100.0% year-over-year).
- 2014: Revenue of $3K, expenses of $2K, and assets of $4K (revenue +357.4% year-over-year).
- 2013: Revenue of $665, expenses of $3K, and assets of $3K (revenue -97.0% year-over-year).
- 2012: Revenue of $22K, expenses of $22K, and assets of $6K (revenue -42.3% year-over-year).
- 2011: Revenue of $39K, expenses of $39K, and assets of $5K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Support Our Seminarians Inc:
Data Sources and Methodology
This transparency report for Support Our Seminarians 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.