Algernon Sydney Sullivan Foundation
Algernon Sydney Sullivan Foundation maintains substantial assets despite fluctuating revenues and occasional operating deficits.
EIN: 136084596 · Oxford, MS · NTEE: P20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $10.6M |
| Total Expenses | $1.7M |
| Program Spending | 80% |
| Net Assets | $16.5M |
| Transparency Score | 85/100 |
Is Algernon Sydney Sullivan Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Algernon Sydney Sullivan Foundation directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Algernon Sydney Sullivan Foundation
Algernon Sydney Sullivan Foundation (EIN: 136084596) is a nonprofit organization based in Oxford, MS, classified under NTEE code P20. The organization reported total revenue of $10.6M and total assets of $15.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Algernon Sydney Sullivan Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Algernon Sydney Sullivan Foundation is a large nonprofit that has been operating for 92 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -0.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.5M |
| Total Expenses | $1.7M |
| Surplus / Deficit | $-274,809 |
| Total Assets | $16.5M |
| Total Liabilities | $5K |
| Net Assets | $16.5M |
| Operating Margin | -18.9% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 114.8 months |
Financial Health Grade: B
In 2023, Algernon Sydney Sullivan Foundation reported a deficit of $275K with expenses exceeding revenue, holds 114.8 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Algernon Sydney Sullivan Foundation's revenue has declined at a compound annual growth rate (CAGR) of -0.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -23.3% | +20.4% | -1.6% |
| 2022 | +18.1% | +19.2% | +2.8% |
| 2021 | -25.6% | +27.9% | +2.5% |
| 2020 | +4749.8% | -2.9% | +8.0% |
| 2016 | -90.0% | +6.2% | -3.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 1934 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Algernon Sydney Sullivan Foundation with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Algernon Sydney Sullivan Foundation allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $275K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating either a volunteer leadership structure or that executive salaries are categorized differently, which is a strong positive for transparency and resource allocation.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Algernon Sydney Sullivan Foundation's IRS 990 filings:
- Expenses exceeded revenue in the most recent filing (202306: Expenses=$1,725,368, Revenue=$1,450,559), indicating an operating deficit.
- Historical periods of expenses exceeding revenue (e.g., 2016, 2015, 2013, 2012) suggest a pattern of inconsistent financial surpluses.
Strengths
The following positive indicators were identified for Algernon Sydney Sullivan Foundation:
- Strong and stable asset base, consistently above $14 million, providing financial security and long-term sustainability.
- Excellent transparency regarding executive compensation, with 0% reported officer compensation across all filings.
- Significant revenue generation in several periods (e.g., $2.15 million in 2020, $1.89 million in 2022) demonstrates fundraising capacity.
- Low liabilities in most recent filings ($5,487 in 2023, $3,877 in 2022) indicate good financial management.
Frequently Asked Questions about Algernon Sydney Sullivan Foundation
Is Algernon Sydney Sullivan Foundation a legitimate charity?
Algernon Sydney Sullivan Foundation (EIN: 136084596) is a registered tax-exempt nonprofit based in Mississippi. Our AI analysis gives it a Mission Score of 85/100. It has 10 years of IRS 990 filings on record. Total revenue: $10.6M. 2 red flags identified. 4 strengths noted. Financial health grade: B.
How does Algernon Sydney Sullivan Foundation spend its money?
Algernon Sydney Sullivan Foundation directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Algernon Sydney Sullivan Foundation tax-deductible?
Algernon Sydney Sullivan Foundation is registered as a tax-exempt nonprofit (EIN: 136084596). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Algernon Sydney Sullivan Foundation's spending goes to programs?
Algernon Sydney Sullivan Foundation directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Algernon Sydney Sullivan Foundation compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Algernon Sydney Sullivan Foundation is above average for NTEE category P20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Algernon Sydney Sullivan Foundation located?
Algernon Sydney Sullivan Foundation is headquartered in Oxford, Mississippi and files with the IRS under EIN 136084596. It is classified under NTEE code P20.
How many years of IRS 990 filings does Algernon Sydney Sullivan Foundation have?
Algernon Sydney Sullivan Foundation has 10 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $10.6M in total revenue.
Is the Algernon Sydney Sullivan Foundation a good charity?
Based on the available data, the foundation appears to be a good charity. It maintains a strong asset base (over $15 million), reports 0% officer compensation, and has a history of significant program-related activities implied by its NTEE code and consistent expenses.
What caused the deficit in 2023?
In 2023, the foundation reported expenses of $1,725,368 against revenues of $1,450,559, resulting in a deficit. The specific causes are not detailed in the summary data but could be due to increased program spending, administrative costs, or a temporary dip in donations.
How does the foundation fund its operations with 0% officer compensation?
The consistent reporting of 0% officer compensation suggests that the foundation's executive leadership may be volunteer-based, or their compensation is reported under other expense categories such as 'salaries and wages' for non-officer staff, or 'professional fees' if services are contracted. Further detail from the full 990 forms would clarify this.
Filing History
IRS 990 filing history for Algernon Sydney Sullivan Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Algernon Sydney Sullivan Foundation's revenue has declined by 6.4%, moving from $1.6M to $1.5M. Total assets increased by 5% over the same period, from $15.7M to $16.5M. Total functional expenses rose by 106.8%, from $834K to $1.7M. In its most recent filing year (2023), Algernon Sydney Sullivan Foundation reported a deficit of $275K, with expenses exceeding revenue. The organization holds $5K in liabilities against $16.5M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $16.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.5M | $1.7M | $16.5M | $5K | — | View 990 |
| 2022 | $1.9M | $1.4M | $16.8M | $4K | — | View 990 |
| 2021 | $1.6M | $1.2M | $16.3M | $1 | — | View 990 |
| 2020 | $2.2M | $940K | $15.9M | $1 | — | View 990 |
| 2016 | $44K | $968K | $14.7M | $503K | — | View 990 |
| 2015 | $444K | $911K | $15.3M | $104K | — | View 990 |
| 2014 | $826K | $465K | $15.6M | $3K | — | View 990 |
| 2013 | $867K | $888K | $15.3M | $3K | — | View 990 |
| 2012 | $471K | $906K | $15.3M | $2K | — | View 990 |
| 2011 | $1.6M | $834K | $15.7M | $3K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.5M, expenses of $1.7M, and assets of $16.5M (revenue -23.3% year-over-year).
- 2022: Revenue of $1.9M, expenses of $1.4M, and assets of $16.8M (revenue +18.1% year-over-year).
- 2021: Revenue of $1.6M, expenses of $1.2M, and assets of $16.3M (revenue -25.6% year-over-year).
- 2020: Revenue of $2.2M, expenses of $940K, and assets of $15.9M (revenue +4749.8% year-over-year).
- 2016: Revenue of $44K, expenses of $968K, and assets of $14.7M (revenue -90.0% year-over-year).
- 2015: Revenue of $444K, expenses of $911K, and assets of $15.3M (revenue -46.3% year-over-year).
- 2014: Revenue of $826K, expenses of $465K, and assets of $15.6M (revenue -4.8% year-over-year).
- 2013: Revenue of $867K, expenses of $888K, and assets of $15.3M (revenue +84.1% year-over-year).
- 2012: Revenue of $471K, expenses of $906K, and assets of $15.3M (revenue -69.6% year-over-year).
- 2011: Revenue of $1.6M, expenses of $834K, and assets of $15.7M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Algernon Sydney Sullivan Foundation:
Data Sources and Methodology
This transparency report for Algernon Sydney Sullivan Foundation is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.