Is Sanford Red And White Foundation Legit?

The Sanford Red And White Foundation demonstrates a generally stable financial position, with assets growing from $35,507 in 2014 to $67,539 in 2023. Revenue has fluctuated, peaking at $53,007 in 2014 and $51,890 in 2018, but showing a positive trend in recent years, increasing from $20,230 in 2021 to $43,342 in 2023. The organization has consistently reported 0% officer compensation, which is a positive indicator for donor confidence regarding executive pay. Spending efficiency appears to be reasonable, with expenses generally lower than revenue in most recent periods, indicating fiscal responsibility. For instance, in 2023, expenses were $35,028 against revenue of $43,342. However, there were two periods (2014 and 2018) where expenses significantly exceeded revenue ($125,353 vs $53,007 in 2014, and $128,987 vs $51,890 in 2018), which could indicate specific large projects or unusual expenditures during those years. The consistent reporting of liabilities in recent years, reaching $41,866 in 2023, warrants attention to ensure they are managed effectively relative to assets. Overall, the foundation exhibits a commitment to its mission through its financial management, particularly with no reported executive compensation. While there were periods of high expenses relative to revenue, the recent trend shows healthy growth in assets and revenue, suggesting a well-managed operation. The consistent filing of IRS 990s over 13 periods also points to good transparency.