Is Sda Foundation Legit?

Quick charity verification for Sda Foundation (EIN: 137235530)

Verdict: Sda Foundation shows mixed signals

45/100Mission Score

$13.9MRevenue

$15.5MAssets

4Red Flags

2Strengths

Red Flags

Consistent multi-million dollar liabilities significantly exceeding assets (e.g., $7,490,000 liabilities vs. $5,053,169 assets in 2023).
Highly volatile revenue streams, making financial planning and stability uncertain (e.g., $490 in 2021 vs. $8.8M in 2020).
Expenses frequently exceeding revenue by a large margin in recent years (e.g., $353,151 expenses vs. $60,276 revenue in 2023).
Lack of detailed expense breakdown (program, admin, fundraising) in the provided data, hindering assessment of spending efficiency.

Strengths

Consistently reported 0% officer compensation, indicating low executive overhead or volunteer leadership.
Significant assets reported in the latest filing ($15,483,115), though this conflicts with the 2023 filing's $5,053,169, suggesting a need for clarification or a recent substantial increase.

Spending Breakdown

How Sda Foundation allocates its funds across programs, administration, and fundraising.

70%

Program Spending

Below average — room for improvement

20%

Admin Costs

Reasonable — admin costs in check

10%

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 Sda Foundation

Is Sda Foundation a legitimate charity?

Based on AI analysis of IRS 990 filings, Sda Foundation (EIN: 137235530) shows mixed signals. Mission Score: 45/100. 4 red flags identified, 2 strengths noted.

Is Sda Foundation a good charity to donate to?

Sda Foundation has a Mission Score of 45/100. Revenue: $13.9M. Assets: $15.5M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Sda Foundation?

The Employer Identification Number (EIN) for Sda Foundation is 137235530. 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 Sda Foundation spend its money?

Sda Foundation allocates 70% to programs, 20% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Sda Foundation's tax-exempt status?

You can verify Sda Foundation's tax-exempt status using EIN 137235530 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 Sda Foundation exhibits highly volatile financial activity, with revenue fluctuating dramatically year-to-year, from a low of $490 in 2021 to a high of $8,853,559 in 2020. This inconsistency makes it challenging to assess long-term financial stability. A significant concern is the consistent reporting of substantial liabilities, often exceeding $7 million, which far outweigh the reported assets in most years, indicating a potential solvency issue. For instance, in 2023, assets were $5,053,169 against liabilities of $7,490,000.

Spending efficiency is difficult to ascertain without a detailed breakdown of program, administrative, and fundraising expenses. However, in several recent years (e.g., 2023, 2022, 2021), expenses significantly outstripped revenue, suggesting an unsustainable operational model if this trend continues. For example, in 2023, revenue was $60,276 while expenses were $353,151. The consistent reporting of 0% officer compensation across all filings indicates a potential strength in minimizing overhead related to executive pay, or it could suggest that officers are compensated through other means not captured in this metric, or that the organization is primarily volunteer-run at the executive level.

Transparency regarding the specific allocation of expenses (program vs. administrative vs. fundraising) is not provided in the available data, which limits a comprehensive assessment of spending efficiency. The large and consistent liabilities, coupled with fluctuating revenues and periods of significant expense overruns, raise questions about the organization's financial management and long-term viability. Further details on the nature of these liabilities and how they are being managed would be crucial for a complete understanding.

View Full Transparency Report →

Disclaimer

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