Supporting Educational Enrichment In Daphnes Schools Inc

Daphne Schools' Enrichment Nonprofit Shows Stable Finances with Recent Operating Deficit, No Officer Compensation.

EIN: 201581104 · Daphne, AL · NTEE: B12 · Updated: 2026-03-28

$123KRevenue
$87KGross Revenue
$78KAssets
85/100Mission Score (Excellent)
B12
Supporting Educational Enrichment In Daphnes Schools Inc Financial Summary
MetricValue
Total Revenue$123K
Total Expenses$130K
Program Spending85%
CEO/Top Officer Pay$100,000
Net Assets$88K
Transparency Score85/100

Is Supporting Educational Enrichment In Daphnes Schools Inc Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
1 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Supporting Educational Enrichment In Daphnes Schools Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Supporting Educational Enrichment In Daphnes Schools Inc

Supporting Educational Enrichment In Daphnes Schools Inc (EIN: 201581104) is a nonprofit organization based in Daphne, AL, classified under NTEE code B12. The organization reported total revenue of $123K and total assets of $78K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Supporting Educational Enrichment In Daphnes Schools Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

21Years Operating
SmallSize Classification
12Years of Filings
MixedRevenue Trajectory

Supporting Educational Enrichment In Daphnes Schools Inc is a small nonprofit that has been operating for 21 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 3.4%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$114K
Total Expenses$130K
Surplus / Deficit$-15,690
Total Assets$88K
Net Assets$88K
Operating Margin-13.7%
Months of Reserves8.1 months

Financial Health Grade: B

In 2023, Supporting Educational Enrichment In Daphnes Schools Inc reported a deficit of $16K with expenses exceeding revenue, holds 8.1 months of operating reserves (strong position).

Financial Trends

Over 12 years of filings (2012–2023), Supporting Educational Enrichment In Daphnes Schools Inc's revenue has grown at a compound annual growth rate (CAGR) of 3.4%.

YearRevenue ChangeExpense ChangeAsset Change
2023-10.3%+14.3%-15.1%
2022+18.8%+40.7%+15.2%
2021+43.4%+42.2%+41.5%
2020+19.2%-8.8%+30.7%
2019-7.3%-10.8%-14.1%

IRS Tax-Exempt Classification

IRS Classification Codes1200
IRS Ruling Date2005

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

Supporting Educational Enrichment In Daphnes Schools Inc (SEED) demonstrates consistent financial activity, with revenues generally exceeding expenses in most recent periods, indicating a stable operational model. For example, in 202208, revenue was $127,464 against expenses of $113,769. However, the most recent filing (202308) shows expenses of $130,005 exceeding revenue of $114,315, resulting in a deficit for that period. The organization maintains a healthy asset base relative to its size, with $88,294 in assets and no reported liabilities in 202308, suggesting good financial management and solvency. The absence of officer compensation reported across all filings enhances transparency and indicates that leadership is likely volunteer-based, which is a positive sign for donor confidence. SEED's spending efficiency appears strong, particularly given the lack of reported officer compensation, which minimizes administrative overhead. While a detailed breakdown of program, administrative, and fundraising expenses isn't explicitly provided in the summary data, the consistent operational surplus in most years prior to 202308 suggests that the majority of funds are directed towards its mission. The organization's consistent filing history over 12 periods further contributes to its transparency, allowing for a clear view of its financial trajectory and commitment to compliance. The slight deficit in the latest period warrants monitoring but does not immediately signal a significant concern given the overall financial health and asset position.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Supporting Educational Enrichment In Daphnes Schools 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

According to IRS 990 filings, Supporting Educational Enrichment In Daphnes Schools 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:

$114KTotal Revenue
$130KTotal Expenses
$88KTotal Assets
$88KNet Assets

Executive Compensation Analysis

No officer compensation has been reported across all 12 filings, indicating that the organization's leadership is likely volunteer-based, which is highly efficient for an organization of this size with revenues around $100,000 annually.

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 Supporting Educational Enrichment In Daphnes Schools Inc's IRS 990 filings:

Strengths

The following positive indicators were identified for Supporting Educational Enrichment In Daphnes Schools Inc:

Frequently Asked Questions about Supporting Educational Enrichment In Daphnes Schools Inc

Is Supporting Educational Enrichment In Daphnes Schools Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Supporting Educational Enrichment In Daphnes Schools Inc (EIN: 201581104) some concerns. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.

How does Supporting Educational Enrichment In Daphnes Schools Inc spend its money?

Supporting Educational Enrichment In Daphnes Schools Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.

Are donations to Supporting Educational Enrichment In Daphnes Schools Inc tax-deductible?

Supporting Educational Enrichment In Daphnes Schools Inc is registered as a tax-exempt nonprofit (EIN: 201581104). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

How much does the Supporting Educational Enrichment In Daphnes Schools Inc CEO make?

Supporting Educational Enrichment In Daphnes Schools Inc's highest-compensated officer earns $100,000 annually. The organization reported $123K in total revenue. Executive compensation data is disclosed in IRS 990 filings.

What percentage of Supporting Educational Enrichment In Daphnes Schools Inc's spending goes to programs?

Supporting Educational Enrichment In Daphnes Schools Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

How does Supporting Educational Enrichment In Daphnes Schools Inc compare to similar nonprofits?

With a transparency score of 85/100 (Excellent), Supporting Educational Enrichment In Daphnes Schools Inc is above average for NTEE category B12 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is Supporting Educational Enrichment In Daphnes Schools Inc located?

Supporting Educational Enrichment In Daphnes Schools Inc is headquartered in Daphne, Alabama and files with the IRS under EIN 201581104. It is classified under NTEE code B12.

How many years of IRS 990 filings does Supporting Educational Enrichment In Daphnes Schools Inc have?

Supporting Educational Enrichment In Daphnes Schools 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 $123K in total revenue.

Is Supporting Educational Enrichment In Daphnes Schools Inc a good charity?

Based on the available IRS 990 data, Supporting Educational Enrichment In Daphnes Schools Inc appears to be a good charity. It consistently files its tax returns, reports no officer compensation, and generally maintains a healthy financial position with a solid asset base and no liabilities in recent years. This suggests strong financial stewardship and a focus on its mission.

What caused the deficit in the 202308 period?

The provided data does not specify the exact cause of the $15,690 deficit in the 202308 period (Expenses of $130,005 exceeding Revenue of $114,315). It could be due to increased program spending, one-time operational costs, or a temporary dip in fundraising. Further detailed financial statements would be needed for a precise answer.

How does the organization ensure its funds are used effectively for programs?

While specific program spending details are not fully itemized in the summary data, the consistent lack of officer compensation and low liabilities suggest that a significant portion of funds is likely directed towards its educational enrichment programs. The organization's NTEE code B12 (Elementary & Secondary Education) also indicates a direct focus on educational activities.

Filing History

IRS 990 filing history for Supporting Educational Enrichment In Daphnes Schools Inc showing financial trends over 12 years of public records:

Over 12 years of IRS 990 filings (2012–2023), Supporting Educational Enrichment In Daphnes Schools Inc's revenue has grown by 45%, moving from $79K to $114K. Total assets increased by 260.8% over the same period, from $24K to $88K. Total functional expenses rose by 65.8%, from $78K to $130K. In its most recent filing year (2023), Supporting Educational Enrichment In Daphnes Schools Inc reported a deficit of $16K, with expenses exceeding revenue.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $114K $130K $88K $0 View 990
2022 $127K $114K $104K $0 View 990
2021 $107K $81K $90K $0
2020 $75K $57K $64K $0
2019 $63K $62K $49K $0
2018 $68K $70K $57K $57K View 990
2017 $83K $79K $14K $0 View 990
2016 $99K $72K $58K $0 View 990
2015 $20K $76K $25K $0 View 990
2014 $122K $103K $81K $380 View 990
2013 $125K $86K $64K $2K View 990
2012 $79K $78K $24K $2K View 990

Year-by-Year Financial Summary

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Supporting Educational Enrichment In Daphnes Schools Inc:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing

Data Sources and Methodology

This transparency report for Supporting Educational Enrichment In Daphnes Schools 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.

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