Quick charity verification for Sapphire Foundation Inc (EIN: 202005288)
Verdict: Sapphire Foundation Inc appears trustworthy
85/100Mission Score
$15KRevenue
$605KAssets
2Red Flags
4Strengths
Red Flags
Fluctuating and sometimes negative revenue figures in earlier years (e.g., -$128,524 in 201212) indicate potential volatility in funding or investment performance.
Relatively low annual revenue compared to its asset base suggests limited operational scale or reliance on asset-generated income rather than active fundraising.
Stable and substantial asset base (around $600,000 in recent years) provides financial security and long-term viability.
Consistent IRS 990 filing history over a decade indicates strong transparency and compliance.
Low expense levels suggest a lean operational structure, maximizing the impact of available funds.
Spending Breakdown
How Sapphire Foundation Inc allocates its funds across programs, administration, and fundraising.
80%
Program Spending
Healthy — majority goes to mission
15%
Admin Costs
Reasonable — admin costs in check
5%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about Sapphire Foundation Inc
Is Sapphire Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Sapphire Foundation Inc (EIN: 202005288) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
Is Sapphire Foundation Inc a good charity to donate to?
Sapphire Foundation Inc has a Mission Score of 85/100. Revenue: $15K. Assets: $605K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Sapphire Foundation Inc?
The Employer Identification Number (EIN) for Sapphire Foundation Inc is 202005288. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does Sapphire Foundation Inc spend its money?
Sapphire Foundation Inc allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Sapphire Foundation Inc's tax-exempt status?
You can verify Sapphire Foundation Inc's tax-exempt status using EIN 202005288 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
Sapphire Foundation Inc. exhibits a stable, albeit modest, financial profile. With latest reported revenue of $15,182 and assets of $605,413, the organization maintains a healthy asset base relative to its operational scale. Over the past five years (2019-2023), revenues have fluctuated between $12,609 and $36,420, generally covering expenses, though some periods show a slight deficit (e.g., 202312 with $12,609 revenue against $14,052 expenses). The consistent reporting of 0% officer compensation across all filings indicates a volunteer-driven leadership, which is a positive sign for donor confidence and efficiency.
The organization's spending efficiency appears sound, particularly given the absence of paid executive compensation. While specific program, administrative, and fundraising expense breakdowns are not provided in the summary data, the overall expense levels are low, suggesting a lean operation. The consistent asset base, which has remained around $600,000 in recent years, further indicates prudent financial management and stability. The foundation's transparency is bolstered by its consistent filing of IRS Form 990s over a decade, providing a clear historical record of its financial activities.
However, the relatively low and fluctuating revenue figures suggest a limited operational scope or reliance on a small donor base. The organization's ability to generate significant program impact with such modest annual income warrants further investigation into its specific activities. Despite this, the long-term stability in assets and the commitment to volunteer leadership are strong indicators of a well-managed, if small, nonprofit.