Quick charity verification for Ssb Charitable Foundation (EIN: 208671537)
Verdict: Ssb Charitable Foundation appears trustworthy
85/100Mission Score
$1.8MRevenue
$7.2MAssets
2Red Flags
4Strengths
Red Flags
Highly volatile revenue makes long-term financial planning and consistent program delivery potentially challenging.
Significant expense-to-revenue deficits in multiple years (e.g., 2022: $4.3M expenses vs. $0.4M revenue) indicate reliance on asset drawdowns or prior surpluses.
Strengths
Consistent 0% officer compensation demonstrates exceptional dedication to mission and efficient use of funds.
Minimal liabilities ($1 in most recent filings) indicates strong financial management and low debt burden.
Substantial and growing asset base (from $6.3M in 2011 to $7M in 2023) provides financial stability and capacity for grantmaking.
Strong program spending ratio, estimated at 90%, suggests a high proportion of funds directly support charitable activities.
Spending Breakdown
How Ssb Charitable Foundation allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
0%
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 Ssb Charitable Foundation
Is Ssb Charitable Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Ssb Charitable Foundation (EIN: 208671537) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
Is Ssb Charitable Foundation a good charity to donate to?
Ssb Charitable Foundation has a Mission Score of 85/100. Revenue: $1.8M. Assets: $7.2M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Ssb Charitable Foundation?
The Employer Identification Number (EIN) for Ssb Charitable Foundation is 208671537. 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 Ssb Charitable Foundation spend its money?
Ssb Charitable Foundation allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Ssb Charitable Foundation's tax-exempt status?
You can verify Ssb Charitable Foundation's tax-exempt status using EIN 208671537 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 Ssb Charitable Foundation exhibits a highly variable financial history, with revenue fluctuating significantly from a low of $10,228 in 2015 to a high of $21,135,487 in 2021. This volatility makes consistent financial planning and assessment challenging. Despite these fluctuations, the organization consistently reports minimal liabilities ($1 in most recent filings) and zero officer compensation across all reported periods, indicating a strong commitment to minimizing administrative overhead in terms of executive pay. The foundation's assets have grown substantially over time, from $6,333,176 in 2011 to $7,022,329 in 2023, suggesting effective asset management despite periods of high expenses relative to revenue, such as in 2022 where expenses were $4,384,213 against $444,491 in revenue. The absence of officer compensation is a significant positive indicator of transparency and dedication to mission over personal gain.