Is S Grace Foundation Legit?

Quick charity verification for S Grace Foundation (EIN: 201968739)

Verdict: S Grace Foundation shows mixed signals

60/100Mission Score
$66KRevenue
$915KAssets
3Red Flags
2Strengths

Red Flags

Strengths

AI Transparency Report

The S Grace Foundation exhibits a concerning trend of declining revenue and assets over its filing history. While the organization consistently reports 0% officer compensation, which is a positive for donor confidence, its expenses have frequently outstripped its revenue. For example, in 2015, revenue was $35,624 against expenses of $154,685, indicating a significant operating deficit. This pattern suggests potential long-term sustainability issues if not addressed. The latest revenue of $65,830 is considerably lower than its peak of $173,178 in 2014, and assets have decreased from $1,466,654 in 2011 to $914,508 currently. Without a detailed breakdown of expenses, it's difficult to fully assess spending efficiency, but the consistent net losses are a red flag.

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Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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