Amber & William Sweedler Family Foundation Inc
Amber & William Sweedler Family Foundation maintains stable assets with minimal expenses and no officer compensation.
EIN: 203955308 · Wilmington, DE · NTEE: T20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $5K |
| Total Expenses | $4K |
| Program Spending | 90% |
| Net Assets | $523K |
| Transparency Score | 85/100 |
Is Amber & William Sweedler Family Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Amber & William Sweedler Family Foundation Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Amber & William Sweedler Family Foundation Inc
Amber & William Sweedler Family Foundation Inc (EIN: 203955308) is a nonprofit organization based in Wilmington, DE, classified under NTEE code T20. The organization reported total revenue of $5K and total assets of $523K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Amber & William Sweedler Family Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Amber & William Sweedler Family Foundation Inc is a micro nonprofit that has been operating for 18 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 31.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $4K |
| Total Expenses | $4K |
| Surplus / Deficit | +$0 |
| Total Assets | $523K |
| Total Liabilities | $1 |
| Net Assets | $523K |
| Operating Margin | 0.0% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 1559.5 months |
Financial Health Grade: A
In 2023, Amber & William Sweedler Family Foundation Inc reported a surplus of $0 with revenue exceeding expenses, holds 1559.5 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), Amber & William Sweedler Family Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 31.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +222.0% | -19.9% | +0.0% |
| 2022 | +124900.0% | +0.0% | -0.7% |
| 2021 | -100.0% | +0.0% | -0.9% |
| 2020 | +1394900.0% | +-0.0% | +1.7% |
| 2019 | -100.0% | -96.3% | +-0.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2100 |
| IRS Ruling Date | 2008 |
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 Amber & William Sweedler Family Foundation Inc 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: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Amber & William Sweedler Family Foundation Inc allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% 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 surplus of $0, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no funds are used for executive salaries, which is highly favorable for a foundation of its size.
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 Amber & William Sweedler Family Foundation Inc's IRS 990 filings:
- Highly volatile and low revenue in recent years, potentially indicating reliance on endowment drawdowns without consistent new funding.
Strengths
The following positive indicators were identified for Amber & William Sweedler Family Foundation Inc:
- Consistent reporting of 0% officer compensation, indicating strong financial stewardship.
- Stable asset base of over $500,000, providing a solid foundation for grantmaking.
- Minimal liabilities ($1 across all filings), demonstrating excellent financial health.
- Very low operational expenses, suggesting high efficiency in resource allocation.
Frequently Asked Questions about Amber & William Sweedler Family Foundation Inc
Is Amber & William Sweedler Family Foundation Inc a legitimate charity?
Amber & William Sweedler Family Foundation Inc (EIN: 203955308) is a registered tax-exempt nonprofit based in Delaware. Our AI analysis gives it a Mission Score of 85/100. It has 10 years of IRS 990 filings on record. Total revenue: $5K. 1 red flag identified. 4 strengths noted. Financial health grade: A.
How does Amber & William Sweedler Family Foundation Inc spend its money?
Amber & William Sweedler Family Foundation Inc directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Amber & William Sweedler Family Foundation Inc tax-deductible?
Amber & William Sweedler Family Foundation Inc is registered as a tax-exempt nonprofit (EIN: 203955308). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Amber & William Sweedler Family Foundation Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Amber & William Sweedler Family Foundation Inc is above average for NTEE category T20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Amber & William Sweedler Family Foundation Inc located?
Amber & William Sweedler Family Foundation Inc is headquartered in Wilmington, Delaware and files with the IRS under EIN 203955308. It is classified under NTEE code T20.
How many years of IRS 990 filings does Amber & William Sweedler Family Foundation Inc have?
Amber & William Sweedler Family Foundation Inc 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 $5K in total revenue.
Is Amber & William Sweedler Family Foundation Inc a good charity?
As a private grantmaking foundation with no officer compensation and stable assets, it appears to be a well-managed entity focused on its mission. Its 'goodness' depends on the impact of the grants it distributes, which is not detailed in these financial filings.
How does the foundation manage its expenses?
The foundation consistently reports very low expenses, often around $5,025 annually in recent years, and even matching revenue in 2023 at $4,025. This suggests a highly lean operational model, likely focused almost entirely on grant disbursements with minimal administrative overhead.
What is the trend in the foundation's revenue?
The foundation's revenue has been highly volatile, ranging from $1 in 2019 and 2021 to $524,663 in 2014. In recent years (2021-2023), revenue has been very low, suggesting it primarily relies on its existing asset base for operations and grantmaking.
Filing History
IRS 990 filing history for Amber & William Sweedler Family Foundation Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Amber & William Sweedler Family Foundation Inc's revenue has grown by 2548%, moving from $152 to $4K. Total assets increased by 289.6% over the same period, from $134K to $523K. Total functional expenses fell by 86.4%, from $30K to $4K. In its most recent filing year (2023), Amber & William Sweedler Family Foundation Inc reported a surplus of $0, with revenue exceeding expenses. The organization holds $1 in liabilities against $523K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $523K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $4K | $4K | $523K | $1 | — | — |
| 2022 | $1K | $5K | $523K | $1 | — | View 990 |
| 2021 | $1 | $5K | $527K | $1 | — | View 990 |
| 2020 | $14K | $5K | $532K | $1 | — | — |
| 2019 | $1 | $5K | $523K | $1 | — | View 990 |
| 2015 | $32K | $135K | $523K | $1 | — | View 990 |
| 2014 | $525K | $6K | $626K | $1 | — | View 990 |
| 2013 | $2K | $15K | $107K | $1 | — | View 990 |
| 2012 | $15K | $29K | $120K | $1 | — | View 990 |
| 2011 | $152 | $30K | $134K | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $4K, expenses of $4K, and assets of $523K (revenue +222.0% year-over-year).
- 2022: Revenue of $1K, expenses of $5K, and assets of $523K (revenue +124900.0% year-over-year).
- 2021: Revenue of $1, expenses of $5K, and assets of $527K (revenue -100.0% year-over-year).
- 2020: Revenue of $14K, expenses of $5K, and assets of $532K (revenue +1394900.0% year-over-year).
- 2019: Revenue of $1, expenses of $5K, and assets of $523K (revenue -100.0% year-over-year).
- 2015: Revenue of $32K, expenses of $135K, and assets of $523K (revenue -93.8% year-over-year).
- 2014: Revenue of $525K, expenses of $6K, and assets of $626K (revenue +25172.8% year-over-year).
- 2013: Revenue of $2K, expenses of $15K, and assets of $107K (revenue -86.0% year-over-year).
- 2012: Revenue of $15K, expenses of $29K, and assets of $120K (revenue +9634.9% year-over-year).
- 2011: Revenue of $152, expenses of $30K, and assets of $134K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Amber & William Sweedler Family Foundation Inc:
Data Sources and Methodology
This transparency report for Amber & William Sweedler Family Foundation Inc 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.