Is Snowshoe Foundation Inc Legit?

Quick charity verification for Snowshoe Foundation Inc (EIN: 200092407)

Verdict: Snowshoe Foundation Inc appears trustworthy

90/100Mission Score
$965KRevenue
$230KAssets
0Red Flags
4Strengths

No red flags identified.

Strengths

AI Transparency Report

The Snowshoe Foundation Inc demonstrates a generally stable financial position with consistent revenue generation over the past decade, averaging around $300,000 annually, though the latest reported revenue of $964,612 indicates a significant increase. The organization has consistently managed its expenses to be in line with or slightly below its revenue, as seen in 2023 where revenue was $501,529 and expenses were $408,081, resulting in a surplus. Its asset base has shown growth, reaching $353,444 in 2023, which provides a solid foundation. The consistent reporting of 0% officer compensation across all available filings suggests a strong commitment to directing funds towards its mission rather than executive salaries, enhancing its spending efficiency and transparency. While specific program spending ratios are not detailed in the provided data, the absence of executive compensation is a positive indicator of financial stewardship.

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Disclaimer

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

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