Foundation Escalera Inc
Foundation Escalera Inc. faces recent financial challenges with expenses exceeding revenue and growing liabilities.
EIN: 201377072 · Salt Lake City, UT · NTEE: Q30 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.2M |
| Total Expenses | $828K |
| Program Spending | 85% |
| Net Assets | $-197,090 |
| Transparency Score | 70/100 |
Is Foundation Escalera Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Foundation Escalera Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Foundation Escalera Inc
Foundation Escalera Inc (EIN: 201377072) is a nonprofit organization based in Salt Lake City, UT, classified under NTEE code Q30. The organization reported total revenue of $1.2M and total assets of $2.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Foundation Escalera Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Foundation Escalera Inc is a mid-size nonprofit that has been operating for 22 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 7.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $715K |
| Total Expenses | $828K |
| Surplus / Deficit | $-112,276 |
| Total Assets | $2.6M |
| Total Liabilities | $2.8M |
| Net Assets | $-197,090 |
| Operating Margin | -15.7% |
| Debt-to-Asset Ratio | 107.5% |
| Months of Reserves | 38.3 months |
Financial Health Grade: C
In 2023, Foundation Escalera Inc reported a deficit of $112K with expenses exceeding revenue, holds 38.3 months of operating reserves (strong position), has a debt-to-asset ratio of 107.5% (high leverage).
Financial Trends
Over 14 years of filings (2010–2023), Foundation Escalera Inc's revenue has grown at a compound annual growth rate (CAGR) of 7.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -22.2% | -28.2% | +0.7% |
| 2022 | -12.5% | +70.0% | -19.8% |
| 2021 | +78.6% | +113.5% | +14.2% |
| 2020 | -12.6% | -33.2% | +18.3% |
| 2019 | -44.1% | -30.5% | +8.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2004 |
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 Foundation Escalera Inc with a Mission Score of 70 out of 100 (Good). 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: 85%
- fundraising: 5%
According to IRS 990 filings, Foundation Escalera Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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 $112K, with expenses exceeding revenue.
- Debt-to-asset ratio: 107.5%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no salaries are paid to its officers, which is highly favorable for directing resources to its mission.
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 Foundation Escalera Inc's IRS 990 filings:
- Liabilities ($2,838,796 in 2023) exceeding assets ($2,641,706) in the most recent filing period.
- Expenses consistently exceeding revenue in recent years (e.g., 2023: $827,598 expenses vs. $715,322 revenue; 2022: $1,151,879 expenses vs. $919,190 revenue).
Strengths
The following positive indicators were identified for Foundation Escalera Inc:
- Consistent reporting of 0% officer compensation, indicating efficient use of funds for mission-related activities.
- Historically strong revenue generation in earlier periods, demonstrating capacity for fundraising.
- Maintained significant asset levels over time, despite recent financial pressures.
Frequently Asked Questions about Foundation Escalera Inc
Is Foundation Escalera Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Foundation Escalera Inc (EIN: 201377072) some concerns. Mission Score: 70/100. 2 red flags identified, 3 strengths noted.
How does Foundation Escalera Inc spend its money?
Foundation Escalera Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Foundation Escalera Inc tax-deductible?
Foundation Escalera Inc is registered as a tax-exempt nonprofit (EIN: 201377072). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Foundation Escalera Inc's spending goes to programs?
Foundation Escalera Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Foundation Escalera Inc compare to similar nonprofits?
With a transparency score of 70/100 (Good), Foundation Escalera Inc is above average for NTEE category Q30 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Foundation Escalera Inc located?
Foundation Escalera Inc is headquartered in Salt Lake City, Utah and files with the IRS under EIN 201377072. It is classified under NTEE code Q30.
How many years of IRS 990 filings does Foundation Escalera Inc have?
Foundation Escalera Inc has 14 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 $1.2M in total revenue.
Is Foundation Escalera Inc. financially stable given its recent liabilities?
The organization's liabilities of $2,838,796 in 2023 exceeded its assets of $2,641,706, which suggests a potential financial instability. This trend warrants closer examination of the nature of these liabilities and the organization's plan to address them.
How has Foundation Escalera Inc.'s revenue trended over the last few years?
Revenue has fluctuated significantly, peaking at $1,863,408 in 2014 and $1,468,309 in 2015, but has been lower in recent years, with $715,322 in 2023 and $919,190 in 2022, indicating a downward trend from its historical highs.
What is the significance of 0% officer compensation?
0% officer compensation means that no salaries or other compensation are paid to the organization's officers. This is generally a positive sign, as it implies that a greater proportion of funds can be directed towards program services and operational costs.
Filing History
IRS 990 filing history for Foundation Escalera Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Foundation Escalera Inc's revenue has grown by 150.4%, moving from $286K to $715K. Total assets increased by 1418% over the same period, from $174K to $2.6M. Total functional expenses rose by 226%, from $254K to $828K. In its most recent filing year (2023), Foundation Escalera Inc reported a deficit of $112K, with expenses exceeding revenue. The organization holds $2.8M in liabilities against $2.6M in assets (debt-to-asset ratio: 107.5%), resulting in net assets of $-197,090.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $715K | $828K | $2.6M | $2.8M | — | View 990 |
| 2022 | $919K | $1.2M | $2.6M | $1.8M | — | View 990 |
| 2021 | $1.1M | $678K | $3.3M | $650K | — | View 990 |
| 2020 | $588K | $317K | $2.9M | $706K | — | View 990 |
| 2019 | $673K | $475K | $2.4M | $0 | — | View 990 |
| 2018 | $1.2M | $684K | $2.2M | $2K | — | View 990 |
| 2017 | $697K | $909K | $1.8M | $14K | — | — |
| 2016 | $797K | $603K | $1.9M | $12K | — | View 990 |
| 2015 | $1.5M | $1.4M | $1.7M | $8K | — | View 990 |
| 2014 | $1.9M | $1.7M | $1.8M | $128K | — | View 990 |
| 2013 | $2.6M | $1.1M | $1.6M | $60K | — | View 990 |
| 2012 | $511K | $676K | $71K | $2K | — | View 990 |
| 2011 | $586K | $522K | $240K | $6K | — | View 990 |
| 2010 | $286K | $254K | $174K | $4K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $715K, expenses of $828K, and assets of $2.6M (revenue -22.2% year-over-year).
- 2022: Revenue of $919K, expenses of $1.2M, and assets of $2.6M (revenue -12.5% year-over-year).
- 2021: Revenue of $1.1M, expenses of $678K, and assets of $3.3M (revenue +78.6% year-over-year).
- 2020: Revenue of $588K, expenses of $317K, and assets of $2.9M (revenue -12.6% year-over-year).
- 2019: Revenue of $673K, expenses of $475K, and assets of $2.4M (revenue -44.1% year-over-year).
- 2018: Revenue of $1.2M, expenses of $684K, and assets of $2.2M (revenue +72.9% year-over-year).
- 2017: Revenue of $697K, expenses of $909K, and assets of $1.8M (revenue -12.6% year-over-year).
- 2016: Revenue of $797K, expenses of $603K, and assets of $1.9M (revenue -45.7% year-over-year).
- 2015: Revenue of $1.5M, expenses of $1.4M, and assets of $1.7M (revenue -21.2% year-over-year).
- 2014: Revenue of $1.9M, expenses of $1.7M, and assets of $1.8M (revenue -27.3% year-over-year).
- 2013: Revenue of $2.6M, expenses of $1.1M, and assets of $1.6M (revenue +401.7% year-over-year).
- 2012: Revenue of $511K, expenses of $676K, and assets of $71K (revenue -12.8% year-over-year).
- 2011: Revenue of $586K, expenses of $522K, and assets of $240K (revenue +104.9% year-over-year).
- 2010: Revenue of $286K, expenses of $254K, and assets of $174K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Foundation Escalera Inc:
Data Sources and Methodology
This transparency report for Foundation Escalera 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.