Seneca Industrial & Economic Development Corp
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves
Seneca Industrial & Economic Development Corp is a 501(c)(3) organization based in Tiffin, Ohio, registered in 1984, with $1,020,378 in FY2024 revenue. CharityIndex grades it B.
96 S Washington St Ste A, Tiffin, OH, 44883 EIN 34-1414993 Since 1984
Revenue (FY2024)
$1.0M
▲ 112.7% vs prior year
Expenses (FY2024)
$521K
Net assets
$1.6M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
★★★★
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Seneca Industrial & Economic Development Corp— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
AFinancial health25% of the rating37 mo reserves · +49% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Seneca Industrial & Economic Development Corp: 37 mo reserves · +49% margin earns a A on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Seneca Industrial & Economic Development Corp— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Seneca Industrial & Economic Development Corp: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Contact & location
Financial trends
Revenue grew from $371K (FY2013) to $1.0M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $260KNet assets $1.6M
Operating margin
49.0%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$1.9M
Total liabilities
$260K
Net assets
$1.6M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $1,020,378▲113% | $520,822▲8.7% | $1,601,685▲45.3% | $1,861,576▲35.6% | 990 |
| 2023 | $479,731▼17.5% | $479,339▼17.8% | $1,102,128 | $1,372,933▼16.9% | 990 |
| 2022 | $581,770▼35.0% | $583,289▼0.3% | $1,101,732▼0.1% | $1,652,981▼2.1% | 990 |
| 2021 | $895,353▼48.6% | $584,826▼64.6% | $1,103,251▲39.2% | $1,687,745▲45.4% | 990 |
| 2020 | $1,741,938▲239% | $1,651,180▲262% | $792,724▲12.9% | $1,161,068▲9.6% | 990 |
| 2019 | $513,517▼13.7% | $455,612▼14.1% | $701,966▲9.0% | $1,059,242▲1.1% | 990 |
| 2018 | $594,695▲12.9% | $530,703▲10.8% | $644,061▲11.0% | $1,047,860▲3.6% | 990 |
| 2017 | $526,900▲2.8% | $479,076▼19.7% | $580,072▲9.0% | $1,011,213▼52.6% | 990 |
| 2016 | $512,612▼21.7% | $596,850▲1.0% | $532,253▼13.7% | $2,134,451▼37.8% | 990 |
| 2015 | $654,330▲30.6% | $591,194▲20.7% | $616,491▲11.4% | $3,431,154▼2.9% | 990 |
| 2014 | $501,138▲35.0% | $489,697▲33.0% | $553,355▲2.1% | $3,532,376▼3.0% | 990 |
| 2013 | $371,313 | $368,286▼38.8% | $541,914▲0.6% | $3,641,978▼6.3% | 990 |
| 2012 | — | $602,182▲66.1% | $538,889▲21.7% | $3,888,637▲22.4% | 990 |
| 2011 | — | $362,597▼23.8% | $442,724▲68.1% | $3,176,292▲61.3% | 990 |
| 2010 | — | $475,843 | $263,333 | $1,969,649 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Grants received · $10K total
1 grant to Seneca Industrial & Economic Development Corp totaling $10K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Cleveland Foundation | To support the presidential pathways program | 2018 | $10,000 |
Frequently asked questions
- Is Seneca Industrial & Economic Development Corp a legitimate nonprofit?
- Yes. Seneca Industrial & Economic Development Corp is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 34-1414993, based in Tiffin, Ohio. Donations are tax-deductible.
- What is Seneca Industrial & Economic Development Corp's EIN?
- Seneca Industrial & Economic Development Corp's Employer Identification Number (EIN) is 34-1414993.
- How much revenue does Seneca Industrial & Economic Development Corp report?
- Seneca Industrial & Economic Development Corp reported $1,020,378 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Seneca Industrial & Economic Development Corp have?
- CharityIndex grades Seneca Industrial & Economic Development Corp B, based on financial health (reserves and operating margin).
More nonprofits in Tiffin
Explore more
Data for Seneca Industrial & Economic Development Corp (EIN 34-1414993) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.