Quick charity verification for Sogi Foundation (EIN: 133033449)
Verdict: Sogi Foundation appears trustworthy
85/100Mission Score
$41KRevenue
$447KAssets
2Red Flags
5Strengths
Red Flags
NTEE Code is unknown, making it difficult to benchmark against similar organizations.
Lack of detailed expense breakdown in provided data makes precise spending efficiency analysis challenging.
Strengths
Consistent reporting of 0% officer compensation, indicating efficient use of funds.
Strong asset base ($446,534) relative to annual revenue, providing financial stability.
Minimal liabilities ($1 or $0) across all filings, demonstrating excellent financial health.
Positive net income in recent years (e.g., 2023: $24,505 revenue vs. $23,336 expenses), indicating sustainable operations.
Consistent filing history (9 filings), demonstrating good transparency and compliance.
Spending Breakdown
How Sogi Foundation 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 Sogi Foundation
Is Sogi Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Sogi Foundation (EIN: 133033449) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 5 strengths noted.
Is Sogi Foundation a good charity to donate to?
Sogi Foundation has a Mission Score of 85/100. Revenue: $41K. Assets: $447K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Sogi Foundation?
The Employer Identification Number (EIN) for Sogi Foundation is 133033449. 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 Sogi Foundation spend its money?
Sogi Foundation allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Sogi Foundation's tax-exempt status?
You can verify Sogi Foundation's tax-exempt status using EIN 133033449 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 Sogi Foundation demonstrates consistent financial stability with a healthy asset base relative to its revenue. Over the past three years (2021-2023), the organization has maintained assets exceeding $400,000, while annual revenues have fluctuated between $22,409 and $34,174. Expenses have generally been well-managed, staying below revenue in recent years, indicating responsible financial stewardship. The foundation's liabilities have consistently been reported as minimal ($1 or $0), suggesting a strong balance sheet and low financial risk.
Spending efficiency appears to be a strength, particularly given the consistent reporting of 0% officer compensation across all available filings. This indicates that the organization's leadership is likely volunteer-based or compensated through other means not reported as officer compensation, which can free up more funds for programmatic activities. However, without a detailed breakdown of expenses into program, administrative, and fundraising categories in the provided data, a precise assessment of spending efficiency is challenging. The overall trend shows expenses generally increasing in line with revenue, maintaining a sustainable operational model.
Transparency is generally good, with a consistent filing history of 990 forms. The absence of officer compensation is a positive indicator for donor confidence. To further enhance transparency, the organization could provide more detailed breakdowns of its expenses, allowing for a clearer understanding of how funds are allocated across its mission-related activities, administration, and fundraising efforts. The consistent asset growth, from $1 in 2012 to $446,534 currently, also points to effective asset management over time.