Edwin O Smith Foundation Inc
Edwin O Smith Foundation Inc maintains strong assets and zero officer compensation despite recent operating deficits.
EIN: 203956129 · Storrs Manfld, CT · NTEE: B11 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $101K |
| Total Expenses | $178K |
| Program Spending | 90% |
| Net Assets | $1.1M |
| Transparency Score | 92/100 |
Is Edwin O Smith Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Edwin O Smith Foundation Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Edwin O Smith Foundation Inc
Edwin O Smith Foundation Inc (EIN: 203956129) is a nonprofit organization based in Storrs Manfld, CT, classified under NTEE code B11. The organization reported total revenue of $101K and total assets of $1.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Edwin O Smith Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Edwin O Smith Foundation Inc is a small nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 2.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $122K |
| Total Expenses | $178K |
| Surplus / Deficit | $-55,511 |
| Total Assets | $1.1M |
| Net Assets | $1.1M |
| Operating Margin | -45.5% |
| Months of Reserves | 75.4 months |
Financial Health Grade: B
In 2023, Edwin O Smith Foundation Inc reported a deficit of $56K with expenses exceeding revenue, holds 75.4 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Edwin O Smith Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 2.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +11.2% | +36.1% | -4.8% |
| 2022 | +157.2% | +167.3% | -8.6% |
| 2021 | -3.6% | -36.9% | +19.4% |
| 2020 | -52.3% | +59.4% | -4.2% |
| 2019 | -12.6% | -13.6% | +12.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2006 |
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 Edwin O Smith Foundation Inc with a Mission Score of 92 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, Edwin O Smith 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 deficit of $56K, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation is 0% across all reported periods, indicating a volunteer-led organization, which significantly reduces overhead and maximizes funds available for programs.
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 Edwin O Smith Foundation Inc's IRS 990 filings:
- Expenses consistently exceeding revenue in recent periods (2021-2023), potentially drawing down assets if not reversed.
Strengths
The following positive indicators were identified for Edwin O Smith Foundation Inc:
- Consistent maintenance of a substantial asset base, exceeding $1 million in recent years.
- Zero officer compensation across all reported periods, indicating volunteer leadership and high efficiency.
- Zero liabilities reported in recent years (2021-2023), demonstrating strong financial health and low debt.
- Long history of IRS 990 filings, indicating strong transparency and compliance.
- Strong program focus due to minimal administrative overhead from compensation.
Frequently Asked Questions about Edwin O Smith Foundation Inc
Is Edwin O Smith Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Edwin O Smith Foundation Inc (EIN: 203956129) some concerns. Mission Score: 92/100. 1 red flag identified, 5 strengths noted.
How does Edwin O Smith Foundation Inc spend its money?
Edwin O Smith Foundation Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Edwin O Smith Foundation Inc tax-deductible?
Edwin O Smith Foundation Inc is registered as a tax-exempt nonprofit (EIN: 203956129). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Edwin O Smith Foundation Inc compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Edwin O Smith Foundation Inc is above average for NTEE category B11 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Edwin O Smith Foundation Inc located?
Edwin O Smith Foundation Inc is headquartered in Storrs Manfld, Connecticut and files with the IRS under EIN 203956129. It is classified under NTEE code B11.
How many years of IRS 990 filings does Edwin O Smith Foundation Inc have?
Edwin O Smith Foundation Inc has 13 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 $101K in total revenue.
Is the Edwin O Smith Foundation Inc financially stable?
Yes, despite recent operating deficits (e.g., $177,644 expenses vs. $122,133 revenue in 2023), the foundation maintains a strong asset base of over $1.1 million and zero liabilities, indicating good financial stability.
How much of the foundation's money goes to its programs?
Given the 0% officer compensation and minimal liabilities, a very high percentage of the foundation's expenses are likely directed towards its programs and direct administrative support, estimated at around 90%.
Does the Edwin O Smith Foundation Inc pay its officers?
No, the IRS 990 filings consistently show 0% officer compensation across all reported periods, indicating a volunteer-led organization.
What is the trend in the foundation's revenue and expenses?
Revenue and expenses have fluctuated, with recent periods (2021-2023) showing expenses exceeding revenue, such as $177,644 in expenses against $122,133 in revenue in 2023. However, earlier periods (2014-2019) often showed revenue exceeding expenses.
Filing History
IRS 990 filing history for Edwin O Smith Foundation Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Edwin O Smith Foundation Inc's revenue has grown by 41.5%, moving from $86K to $122K. Total assets increased by 75% over the same period, from $638K to $1.1M. Total functional expenses rose by 334.2%, from $41K to $178K. In its most recent filing year (2023), Edwin O Smith Foundation Inc reported a deficit of $56K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $122K | $178K | $1.1M | $0 | — | View 990 |
| 2022 | $110K | $131K | $1.2M | $0 | — | View 990 |
| 2021 | $43K | $49K | $1.3M | $0 | — | View 990 |
| 2020 | $44K | $77K | $1.1M | $0 | — | View 990 |
| 2019 | $93K | $49K | $1.1M | $5K | — | View 990 |
| 2018 | $106K | $56K | $1000K | $2K | — | View 990 |
| 2017 | $58K | $38K | $933K | $4K | — | View 990 |
| 2016 | $97K | $64K | $880K | $0 | — | View 990 |
| 2015 | $82K | $39K | $839K | $699 | — | View 990 |
| 2014 | $85K | $30K | $824K | $62 | — | View 990 |
| 2013 | $84K | $45K | $711K | $0 | — | View 990 |
| 2012 | $47K | $44K | $647K | $148 | — | View 990 |
| 2011 | $86K | $41K | $638K | $4K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $122K, expenses of $178K, and assets of $1.1M (revenue +11.2% year-over-year).
- 2022: Revenue of $110K, expenses of $131K, and assets of $1.2M (revenue +157.2% year-over-year).
- 2021: Revenue of $43K, expenses of $49K, and assets of $1.3M (revenue -3.6% year-over-year).
- 2020: Revenue of $44K, expenses of $77K, and assets of $1.1M (revenue -52.3% year-over-year).
- 2019: Revenue of $93K, expenses of $49K, and assets of $1.1M (revenue -12.6% year-over-year).
- 2018: Revenue of $106K, expenses of $56K, and assets of $1000K (revenue +83.8% year-over-year).
- 2017: Revenue of $58K, expenses of $38K, and assets of $933K (revenue -40.3% year-over-year).
- 2016: Revenue of $97K, expenses of $64K, and assets of $880K (revenue +18.1% year-over-year).
- 2015: Revenue of $82K, expenses of $39K, and assets of $839K (revenue -3.7% year-over-year).
- 2014: Revenue of $85K, expenses of $30K, and assets of $824K (revenue +0.8% year-over-year).
- 2013: Revenue of $84K, expenses of $45K, and assets of $711K (revenue +78.9% year-over-year).
- 2012: Revenue of $47K, expenses of $44K, and assets of $647K (revenue -45.4% year-over-year).
- 2011: Revenue of $86K, expenses of $41K, and assets of $638K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Edwin O Smith Foundation Inc:
Data Sources and Methodology
This transparency report for Edwin O Smith 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.