Foundation For Sustainable Community
Foundation For Sustainable Community shows extreme revenue volatility and reports no officer compensation.
EIN: 202112828 · Everett, WA · NTEE: S21 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.5M |
| Total Expenses | $12.5M |
| Program Spending | 99% |
| Net Assets | $873K |
| Transparency Score | 65/100 |
Is Foundation For Sustainable Community Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Foundation For Sustainable Community directs 99% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Foundation For Sustainable Community
Foundation For Sustainable Community (EIN: 202112828) is a nonprofit organization based in Everett, WA, classified under NTEE code S21. The organization reported total revenue of $1.5M and total assets of $143K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Foundation For Sustainable Community's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Foundation For Sustainable Community is a mid-size nonprofit that has been operating for 21 years, with 10 years of IRS 990 filings on record (2012–2022).
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $12.7M |
| Total Expenses | $12.5M |
| Surplus / Deficit | +$275K |
| Total Assets | $1.1M |
| Total Liabilities | $210K |
| Net Assets | $873K |
| Operating Margin | 2.2% |
| Debt-to-Asset Ratio | 19.4% |
| Months of Reserves | 1.0 months |
Financial Health Grade: A
In 2022, Foundation For Sustainable Community reported a surplus of $275K with revenue exceeding expenses, holds 1.0 months of operating reserves (limited), has a debt-to-asset ratio of 19.4% (very low leverage).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -95.3% | -95.4% | +61.8% |
| 2021 | +316.3% | +316.7% | +0.6% |
| 2020 | +26867.1% | +30236.7% | +6486.3% |
| 2019 | -6.8% | -8.7% | -68.7% |
| 2018 | -12.4% | -26.7% | +306.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2005 |
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 For Sustainable Community with a Mission Score of 65 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: 1%
- programs: 99%
- fundraising: 0%
According to IRS 990 filings, Foundation For Sustainable Community allocates its expenses as follows: admin: 1%, programs: 99%, fundraising: 0%. With 99% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $275K, with revenue exceeding expenses.
- Debt-to-asset ratio: 19.4%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, which is highly unusual for an entity that has managed hundreds of millions in revenue. This suggests either a fully volunteer-led executive team or that executive compensation is being reported under different expense categories, which could obscure transparency.
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 For Sustainable Community's IRS 990 filings:
- Extreme revenue volatility, making financial planning and sustainability difficult to assess.
- Consistent 0% officer compensation despite managing large revenues, which may obscure actual executive remuneration.
- Significant increase in liabilities in 2022 after years of reporting none, warranting further scrutiny.
Strengths
The following positive indicators were identified for Foundation For Sustainable Community:
- High percentage of expenses dedicated to programs, as indicated by narrow margins between revenue and expenses.
- No reported officer compensation, suggesting a potentially lean operational structure at the executive level.
Frequently Asked Questions about Foundation For Sustainable Community
Is Foundation For Sustainable Community a legitimate charity?
Based on AI analysis of IRS 990 filings, Foundation For Sustainable Community (EIN: 202112828) some concerns. Mission Score: 65/100. 3 red flags identified, 2 strengths noted.
How does Foundation For Sustainable Community spend its money?
Foundation For Sustainable Community directs 99% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Foundation For Sustainable Community tax-deductible?
Foundation For Sustainable Community is registered as a tax-exempt nonprofit (EIN: 202112828). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Foundation For Sustainable Community compare to similar nonprofits?
With a transparency score of 65/100 (Good), Foundation For Sustainable Community is above average for NTEE category S21 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Foundation For Sustainable Community located?
Foundation For Sustainable Community is headquartered in Everett, Washington and files with the IRS under EIN 202112828. It is classified under NTEE code S21.
How many years of IRS 990 filings does Foundation For Sustainable Community have?
Foundation For Sustainable Community 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 $1.5M in total revenue.
What caused the extreme fluctuations in revenue, particularly the jump to $268 million in 2021 and subsequent drop?
The provided data does not specify the source of these massive revenue swings, but such volatility often indicates reliance on large, infrequent grants, pass-through funding, or significant one-time events rather than a stable, recurring funding model.
How does the organization manage to operate with 0% reported officer compensation, especially with such high revenues?
This could imply a fully volunteer executive leadership, or that compensation for key management personnel is categorized differently within the IRS 990, such as under program or administrative expenses, rather than specifically as officer compensation.
What are the details of the $210,000 in liabilities reported in 2022, given previous years of $0 liabilities?
The nature of these liabilities is not specified in the provided data. It could represent new debt, deferred revenue, or other obligations that arose in the most recent fiscal period.
What are the specific program activities that account for the vast majority of the organization's expenses?
The NTEE code S21 (Community Foundations) suggests a focus on grantmaking or supporting other nonprofits, but the specific programs are not detailed in the provided financial summary.
Filing History
IRS 990 filing history for Foundation For Sustainable Community showing financial trends over 10 years of public records:
In its most recent filing year (2022), Foundation For Sustainable Community reported a surplus of $275K, with revenue exceeding expenses. The organization holds $210K in liabilities against $1.1M in assets (debt-to-asset ratio: 19.4%), resulting in net assets of $873K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $12.7M | $12.5M | $1.1M | $210K | — | View 990 |
| 2021 | $268.7M | $268.6M | $669K | $240K | — | View 990 |
| 2020 | $64.5M | $64.4M | $666K | $0 | — | View 990 |
| 2019 | $239K | $212K | $10K | $0 | — | View 990 |
| 2018 | $257K | $233K | $32K | $0 | — | View 990 |
| 2017 | $293K | $318K | $8K | $0 | — | View 990 |
| 2016 | $228K | $225K | $33K | $0 | — | View 990 |
| 2015 | $63K | $51K | $28K | $0 | — | View 990 |
| 2014 | $75K | $64K | $16K | $0 | — | View 990 |
| 2012 | $0 | $0 | $0 | $0 | — | — |
Year-by-Year Financial Summary
- 2022: Revenue of $12.7M, expenses of $12.5M, and assets of $1.1M (revenue -95.3% year-over-year).
- 2021: Revenue of $268.7M, expenses of $268.6M, and assets of $669K (revenue +316.3% year-over-year).
- 2020: Revenue of $64.5M, expenses of $64.4M, and assets of $666K (revenue +26867.1% year-over-year).
- 2019: Revenue of $239K, expenses of $212K, and assets of $10K (revenue -6.8% year-over-year).
- 2018: Revenue of $257K, expenses of $233K, and assets of $32K (revenue -12.4% year-over-year).
- 2017: Revenue of $293K, expenses of $318K, and assets of $8K (revenue +28.8% year-over-year).
- 2016: Revenue of $228K, expenses of $225K, and assets of $33K (revenue +262.8% year-over-year).
- 2015: Revenue of $63K, expenses of $51K, and assets of $28K (revenue -15.9% year-over-year).
- 2014: Revenue of $75K, expenses of $64K, and assets of $16K.
- 2012: Revenue of $0, expenses of $0, and assets of $0.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Foundation For Sustainable Community:
Data Sources and Methodology
This transparency report for Foundation For Sustainable Community 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.