Quick charity verification for Silverleaf Foundation Inc (EIN: 134097906)
Verdict: Silverleaf Foundation Inc appears trustworthy
85/100Mission Score
$1.3MRevenue
$3.8MAssets
2Red Flags
4Strengths
Red Flags
Significant revenue fluctuations year-over-year, making financial planning potentially challenging (e.g., $794,343 in 2021 vs. $220,365 in 2022).
Periods of deficit spending where expenses exceeded revenue (e.g., 2022: Expenses $359,860, Revenue $220,365).
Strengths
Consistently low liabilities, often reported as $1, indicating strong financial solvency.
Zero reported officer compensation across all filings, suggesting high efficiency in leadership costs.
Strong and growing asset base, reaching $3,814,383, providing financial stability.
Latest revenue of $1,254,134 indicates strong fundraising capacity in recent periods.
Spending Breakdown
How Silverleaf Foundation Inc allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
10%
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 Silverleaf Foundation Inc
Is Silverleaf Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Silverleaf Foundation Inc (EIN: 134097906) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
Is Silverleaf Foundation Inc a good charity to donate to?
Silverleaf Foundation Inc has a Mission Score of 85/100. Revenue: $1.3M. Assets: $3.8M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Silverleaf Foundation Inc?
The Employer Identification Number (EIN) for Silverleaf Foundation Inc is 134097906. 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 Silverleaf Foundation Inc spend its money?
Silverleaf Foundation Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Silverleaf Foundation Inc's tax-exempt status?
You can verify Silverleaf Foundation Inc's tax-exempt status using EIN 134097906 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
Silverleaf Foundation Inc demonstrates a generally stable financial position, with assets consistently above $2.9 million over the past decade, reaching $3,814,383 in its latest filing. Revenue has shown significant fluctuation, peaking at $1,254,134 in the latest period, but also experiencing dips, such as $220,365 in 2022. The organization consistently reports minimal liabilities, often just $1, indicating strong financial solvency and low debt risk. A notable aspect is the consistent reporting of 0% officer compensation across all available filings, which suggests a high degree of volunteer leadership or that compensation is covered by an affiliated entity, enhancing its transparency regarding executive pay.
Spending efficiency appears to be managed, with expenses generally staying below or in line with revenue in most recent years, preventing significant deficits. For instance, in 2023, expenses were $400,826 against $440,108 in revenue. However, there have been periods of deficit spending, such as in 2022 where expenses ($359,860) exceeded revenue ($220,365). The lack of detailed expense breakdowns in the provided data makes a precise assessment of program versus administrative spending challenging, but the overall financial health appears sound due to robust asset reserves and low liabilities. The consistent 0% officer compensation is a strong indicator of transparency and a commitment to directing funds towards the mission.