Quick charity verification for Sarah Smith Education Foundation Inc (EIN: 202969673)
Verdict: Sarah Smith Education Foundation Inc appears trustworthy
92/100Mission Score
$199KRevenue
$626KAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Consistent asset growth, from $475,859 in 2021 to $581,718 in 2023.
Zero reported liabilities across all 13 filings, indicating strong financial health.
0% officer compensation reported, suggesting high efficiency in directing funds to programs.
Expenses consistently lower than revenue in recent years (e.g., $103,812 expenses vs. $178,734 revenue in 2023).
Long history of IRS 990 filings (13 filings), demonstrating transparency and compliance.
Spending Breakdown
How Sarah Smith Education Foundation Inc allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
7%
Admin Costs
Reasonable — admin costs in check
3%
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 Sarah Smith Education Foundation Inc
Is Sarah Smith Education Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Sarah Smith Education Foundation Inc (EIN: 202969673) appears trustworthy. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
Is Sarah Smith Education Foundation Inc a good charity to donate to?
Sarah Smith Education Foundation Inc has a Mission Score of 92/100. Revenue: $199K. Assets: $626K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Sarah Smith Education Foundation Inc?
The Employer Identification Number (EIN) for Sarah Smith Education Foundation Inc is 202969673. 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 Sarah Smith Education Foundation Inc spend its money?
Sarah Smith Education Foundation Inc allocates 90% to programs, 7% to administration, and 3% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Sarah Smith Education Foundation Inc's tax-exempt status?
You can verify Sarah Smith Education Foundation Inc's tax-exempt status using EIN 202969673 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
The Sarah Smith Education Foundation Inc demonstrates consistent financial health with a positive net asset growth trend over the past several years. For example, assets grew from $475,859 in 2021 to $581,718 in 2023, indicating sound financial management and accumulation of resources. The organization consistently spends less than it brings in, as seen in 2023 where revenue was $178,734 against expenses of $103,812, contributing to its asset growth. The absence of reported liabilities across all filings further strengthens its financial stability.
Spending efficiency appears strong, with no officer compensation reported in any of the available filings, suggesting that resources are directed towards programs rather than executive salaries. While a detailed breakdown of program, administrative, and fundraising expenses isn't provided in the summary data, the overall expense ratios relative to revenue are healthy. The organization's consistent filing of IRS Form 990s over 13 periods, with zero liabilities reported, indicates a high level of financial transparency and accountability.
Overall, the foundation exhibits prudent financial management, a commitment to its mission through efficient spending, and a transparent operational history. The steady growth in assets and lack of debt are strong indicators of a well-managed and sustainable nonprofit.