Elizabeth Smart Foundation Inc
EIN: 275448061 · Logan, UT · NTEE: P62
| Metric | Value |
|---|---|
| Total Revenue | $420K |
| Total Expenses | $224K |
| Net Assets | $84K |
Is Elizabeth Smart Foundation Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Elizabeth Smart Foundation Inc
Elizabeth Smart Foundation Inc (EIN: 275448061) is a nonprofit organization based in Logan, UT, classified under NTEE code P62. The organization reported total revenue of $420K and total assets of $119K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Elizabeth Smart Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Elizabeth Smart Foundation Inc is a small nonprofit that has been operating for 15 years, with 11 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -8.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $26K |
| Total Expenses | $224K |
| Surplus / Deficit | $-197,957 |
| Total Assets | $84K |
| Net Assets | $84K |
| Operating Margin | -757.8% |
| Months of Reserves | 4.5 months |
Financial Health Grade: B
In 2023, Elizabeth Smart Foundation Inc reported a deficit of $198K with expenses exceeding revenue, holds 4.5 months of operating reserves (adequate).
Financial Trends
Over 11 years of filings (2011–2023), Elizabeth Smart Foundation Inc's revenue has declined at a compound annual growth rate (CAGR) of -8.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -81.1% | +55.1% | -70.1% |
| 2022 | -75.5% | -80.0% | -2.1% |
| 2021 | -33.2% | +42.6% | -35.4% |
| 2020 | +498.0% | +738.5% | +315.1% |
| 2019 | +579.4% | +83.4% | +304.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2011 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Elizabeth Smart Foundation Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Elizabeth Smart Foundation Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $198K, with expenses exceeding revenue.
Frequently Asked Questions about Elizabeth Smart Foundation Inc
Is Elizabeth Smart Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Elizabeth Smart Foundation Inc (EIN: 275448061) insufficient data. 0 red flags identified, 0 strengths noted.
How does Elizabeth Smart Foundation Inc spend its money?
Detailed spending breakdown data is not yet available for Elizabeth Smart Foundation Inc. Check back for updated IRS 990 analysis.
Are donations to Elizabeth Smart Foundation Inc tax-deductible?
Elizabeth Smart Foundation Inc is registered as a tax-exempt nonprofit (EIN: 275448061). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Elizabeth Smart Foundation Inc located?
Elizabeth Smart Foundation Inc is headquartered in Logan, Utah and files with the IRS under EIN 275448061. It is classified under NTEE code P62.
How many years of IRS 990 filings does Elizabeth Smart Foundation Inc have?
Elizabeth Smart Foundation Inc has 11 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 $420K in total revenue.
Filing History
IRS 990 filing history for Elizabeth Smart Foundation Inc showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2011–2023), Elizabeth Smart Foundation Inc's revenue has declined by 63.3%, moving from $71K to $26K. Total assets increased by 22.7% over the same period, from $69K to $84K. Total functional expenses rose by 9275.6%, from $2K to $224K. In its most recent filing year (2023), Elizabeth Smart Foundation Inc reported a deficit of $198K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $26K | $224K | $84K | $0 | — | — |
| 2022 | $138K | $145K | $282K | $0 | — | View 990 |
| 2021 | $565K | $723K | $288K | $0 | — | View 990 |
| 2020 | $845K | $507K | $446K | $0 | — | View 990 |
| 2019 | $141K | $60K | $107K | $0 | — | View 990 |
| 2018 | $21K | $33K | $27K | $0 | — | View 990 |
| 2017 | $101K | $94K | $39K | $0 | — | View 990 |
| 2016 | $21K | $17K | $32K | $0 | — | View 990 |
| 2015 | $2.6M | $2.9M | $27K | $0 | — | View 990 |
| 2014 | $952K | $666K | $319K | $0 | — | View 990 |
| 2011 | $71K | $2K | $69K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $26K, expenses of $224K, and assets of $84K (revenue -81.1% year-over-year).
- 2022: Revenue of $138K, expenses of $145K, and assets of $282K (revenue -75.5% year-over-year).
- 2021: Revenue of $565K, expenses of $723K, and assets of $288K (revenue -33.2% year-over-year).
- 2020: Revenue of $845K, expenses of $507K, and assets of $446K (revenue +498.0% year-over-year).
- 2019: Revenue of $141K, expenses of $60K, and assets of $107K (revenue +579.4% year-over-year).
- 2018: Revenue of $21K, expenses of $33K, and assets of $27K (revenue -79.3% year-over-year).
- 2017: Revenue of $101K, expenses of $94K, and assets of $39K (revenue +381.8% year-over-year).
- 2016: Revenue of $21K, expenses of $17K, and assets of $32K (revenue -99.2% year-over-year).
- 2015: Revenue of $2.6M, expenses of $2.9M, and assets of $27K (revenue +173.1% year-over-year).
- 2014: Revenue of $952K, expenses of $666K, and assets of $319K (revenue +1239.7% year-over-year).
- 2011: Revenue of $71K, expenses of $2K, and assets of $69K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Elizabeth Smart Foundation Inc:
Data Sources and Methodology
This transparency report for Elizabeth Smart 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.