Elizabeth Sprague Stout Foundation Inc
Elizabeth Sprague Stout Foundation consistently spends more than it earns, drawing down assets.
EIN: 136161366 · Greenwich, CT · Updated: 2026-03-28
Is Elizabeth Sprague Stout Foundation Inc Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Elizabeth Sprague Stout Foundation Inc directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Elizabeth Sprague Stout Foundation Inc
Elizabeth Sprague Stout Foundation Inc (EIN: 136161366) is a nonprofit organization based in Greenwich, CT. The organization reported total revenue of $105K and total assets of $202K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Elizabeth Sprague Stout Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Elizabeth Sprague Stout Foundation Inc is a small nonprofit that has been operating for 68 years, with 9 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of -12.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $8K |
| Total Expenses | $29K |
| Surplus / Deficit | $-20,546 |
| Total Assets | $202K |
| Total Liabilities | $1 |
| Net Assets | $202K |
| Operating Margin | -244.5% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 83.6 months |
Financial Health Grade: B
In 2023, Elizabeth Sprague Stout Foundation Inc reported a deficit of $21K with expenses exceeding revenue, holds 83.6 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 9 years of filings (2012–2023), Elizabeth Sprague Stout Foundation Inc's revenue has declined at a compound annual growth rate (CAGR) of -12.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -57.1% | +247.8% | -9.2% |
| 2022 | +114.6% | -70.0% | +5.2% |
| 2021 | -13.7% | -12.8% | -8.4% |
| 2020 | -33.6% | +42.9% | +0.4% |
| 2016 | -47.0% | -35.2% | -2.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1958 |
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 Elizabeth Sprague Stout Foundation Inc with a Mission Score of 45 out of 100 (Fair). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 25%
- programs: 70%
- fundraising: 5%
According to IRS 990 filings, Elizabeth Sprague Stout Foundation Inc allocates its expenses as follows: admin: 25%, programs: 70%, fundraising: 5%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $21K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating no direct compensation to its executives, which is a positive for 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 Elizabeth Sprague Stout Foundation Inc's IRS 990 filings:
- Consistent operational deficits, with expenses frequently exceeding revenue (e.g., $28,948 expenses vs. $8,402 revenue in 2023).
- Declining asset base over time, from $280,926 in 2012 to $201,627 in 2023.
- Lack of detailed expense breakdown (program, admin, fundraising) in the provided data.
- Unknown NTEE code and specific program activities, limiting mission assessment.
Strengths
The following positive indicators were identified for Elizabeth Sprague Stout Foundation Inc:
- Zero officer compensation reported across all available filings, indicating efficient use of funds in this area.
- Low liabilities, consistently reported as $0 or $1, suggesting good financial management of debt.
Frequently Asked Questions about Elizabeth Sprague Stout Foundation Inc
Is Elizabeth Sprague Stout Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Elizabeth Sprague Stout Foundation Inc (EIN: 136161366) significant concerns. Mission Score: 45/100. 4 red flags identified, 2 strengths noted.
How does Elizabeth Sprague Stout Foundation Inc spend its money?
Elizabeth Sprague Stout Foundation Inc directs 70% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Elizabeth Sprague Stout Foundation Inc tax-deductible?
Elizabeth Sprague Stout Foundation Inc is registered as a tax-exempt nonprofit (EIN: 136161366). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What are the specific program activities of the Elizabeth Sprague Stout Foundation Inc?
The provided data does not specify the program activities or NTEE code, making it difficult to understand the foundation's mission focus.
How does the foundation cover its consistent operational deficits?
The foundation appears to cover its deficits by drawing down its asset base, which has decreased from $280,926 in 2012 to $201,627 in 2023.
What is the long-term financial sustainability plan for the organization given its spending patterns?
The current spending pattern, where expenses consistently exceed revenue (e.g., $28,948 expenses vs. $8,402 revenue in 2023), suggests a lack of long-term financial sustainability without a change in strategy or significant new funding.
Filing History
IRS 990 filing history for Elizabeth Sprague Stout Foundation Inc showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2012–2023), Elizabeth Sprague Stout Foundation Inc's revenue has declined by 76.1%, moving from $35K to $8K. Total assets decreased by 28.2% over the same period, from $281K to $202K. Total functional expenses fell by 22.4%, from $37K to $29K. In its most recent filing year (2023), Elizabeth Sprague Stout Foundation Inc reported a deficit of $21K, with expenses exceeding revenue. The organization holds $1 in liabilities against $202K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $202K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $8K | $29K | $202K | $1 | — | — |
| 2022 | $20K | $8K | $222K | $1 | — | — |
| 2021 | $9K | $28K | $211K | $1 | — | — |
| 2020 | $11K | $32K | $231K | $0 | — | View 990 |
| 2016 | $16K | $22K | $230K | $0 | — | View 990 |
| 2015 | $30K | $34K | $236K | $1 | — | View 990 |
| 2014 | $11K | $32K | $240K | $1 | — | View 990 |
| 2013 | $14K | $34K | $261K | $1 | — | View 990 |
| 2012 | $35K | $37K | $281K | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $8K, expenses of $29K, and assets of $202K (revenue -57.1% year-over-year).
- 2022: Revenue of $20K, expenses of $8K, and assets of $222K (revenue +114.6% year-over-year).
- 2021: Revenue of $9K, expenses of $28K, and assets of $211K (revenue -13.7% year-over-year).
- 2020: Revenue of $11K, expenses of $32K, and assets of $231K (revenue -33.6% year-over-year).
- 2016: Revenue of $16K, expenses of $22K, and assets of $230K (revenue -47.0% year-over-year).
- 2015: Revenue of $30K, expenses of $34K, and assets of $236K (revenue +165.1% year-over-year).
- 2014: Revenue of $11K, expenses of $32K, and assets of $240K (revenue -19.4% year-over-year).
- 2013: Revenue of $14K, expenses of $34K, and assets of $261K (revenue -59.9% year-over-year).
- 2012: Revenue of $35K, expenses of $37K, and assets of $281K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Elizabeth Sprague Stout Foundation Inc:
Data Sources and Methodology
This transparency report for Elizabeth Sprague Stout 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.