Charity Search / SOUTHEASTERN RESIDENCY CONFERENCE INC
Science & Technology (U500) 990 on File

SOUTHEASTERN RESIDENCY CONFERENCE INC

EIN: 58-2532280 · WALLACE, NC 28466-2393 · United States · FY 2024 Data
3 out of 5 47 / 100 Based on 2+ years of filings
Financial strength (30%) 69/100
Reliability (20%) 55/100
Effectiveness (25%) 61/100
Impact (25%) No data yet
Financial data: FY 2024 · Scored 9/13/2026
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Financial Overview — FY 2024
$134K
Total Revenue
$141K
Total Expenses
$52K
Net Assets
N/A
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 98.3%
Fundraising Efficiency N/A
Operating Reserve 4.42x
Liability-to-Asset 0.0%
Revenue Diversification 100.0%
Compared with Peers
FY 2024
Compared with 515 similar organizations (United States, Science & Technology, $100K–$1M in expenses), FY 2024.
This organization Middle half of peers (P25–P75) Peer median
Ratio This org Peer median Position (P10 → P90)
Program expense ratio
Program expenses / total expenses · higher is better
98.3% 84.9%
P10P90
Top quarter
Operating reserve
Months of expenses covered by net assets · higher is better
4.4 mo 11.4 mo
P10P90
Below median
Liabilities to assets
Total liabilities / total assets · lower is better
0.0% 0.8%
P10P90
Top quarter
Revenue concentration
Share of revenue from the largest source · lower is better
100.0% 91.9%
P10P90
Bottom quarter
Revenue growth
Year over year revenue growth
21.0% 9.3%
P10P90
Expense growth
Year over year expense growth
19.1% 10.0%
P10P90
Surplus margin
Surplus as a share of revenue
-5.2% 4.7%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2024 $134K $141K $52K 98.3%
2023 $111K $118K $59K 97.8%
2022 $42K $36K $66K 95.0%
2021 $36K $26K N/A 1
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Organization Details
EIN
58-2532280
State
NC
City
WALLACE
ZIP
28466-2393
Classification
U500
Category
Science & Technology
Rating
3★
Coverage
A
Last Updated
Aug 2026
Form 990
On File
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