Friends Of Sean Foundation
EIN: 471196286 · Wilmington, DE · NTEE: P40
| Metric | Value |
|---|---|
| Total Expenses | $559 |
| Net Assets | $3K |
Is Friends Of Sean Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Friends Of Sean Foundation
Friends Of Sean Foundation (EIN: 471196286) is a nonprofit organization based in Wilmington, DE, classified under NTEE code P40. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Friends Of Sean Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Friends Of Sean Foundation is a micro nonprofit that has been operating for 12 years, with 2 years of IRS 990 filings on record (2014–2015). Revenue has grown at a compound annual rate of 534.6%.
Key Financial Metrics (2015)
From the most recent IRS 990 filing on record:
| Total Revenue | $3K |
| Total Expenses | $559 |
| Surplus / Deficit | +$3K |
| Total Assets | $3K |
| Total Liabilities | $739 |
| Net Assets | $3K |
| Operating Margin | 82.4% |
| Debt-to-Asset Ratio | 22.0% |
| Months of Reserves | 72.2 months |
Financial Health Grade: A
In 2015, Friends Of Sean Foundation reported a surplus of $3K with revenue exceeding expenses, holds 72.2 months of operating reserves (strong position), has a debt-to-asset ratio of 22.0% (moderate leverage).
Financial Trends
Over 2 years of filings (2014–2015), Friends Of Sean Foundation's revenue has grown at a compound annual growth rate (CAGR) of 534.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2015 | +534.6% | +14.3% | +348.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2014 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Friends Of Sean Foundation 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 Friends Of Sean Foundation 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 (2015)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $3K, with revenue exceeding expenses.
- Debt-to-asset ratio: 22.0%.
Frequently Asked Questions about Friends Of Sean Foundation
Is Friends Of Sean Foundation a legitimate charity?
Friends Of Sean Foundation (EIN: 471196286) is a registered tax-exempt nonprofit based in Delaware. It has 2 years of IRS 990 filings on record. No red flags identified. Financial health grade: A.
How does Friends Of Sean Foundation spend its money?
Friends Of Sean Foundation reported its financials in IRS 990 filings. 2 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Friends Of Sean Foundation tax-deductible?
Friends Of Sean Foundation is registered as a tax-exempt nonprofit (EIN: 471196286). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Friends Of Sean Foundation located?
Friends Of Sean Foundation is headquartered in Wilmington, Delaware and files with the IRS under EIN 471196286. It is classified under NTEE code P40.
How many years of IRS 990 filings does Friends Of Sean Foundation have?
Friends Of Sean Foundation has 2 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data.
Filing History
IRS 990 filing history for Friends Of Sean Foundation showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2014–2015), Friends Of Sean Foundation's revenue has grown by 534.6%, moving from $500 to $3K. Total assets increased by 348.5% over the same period, from $750 to $3K. Total functional expenses rose by 14.3%, from $489 to $559. In its most recent filing year (2015), Friends Of Sean Foundation reported a surplus of $3K, with revenue exceeding expenses. The organization holds $739 in liabilities against $3K in assets (debt-to-asset ratio: 22.0%), resulting in net assets of $3K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2015 | $3K | $559 | $3K | $739 | — | View 990 |
| 2014 | $500 | $489 | $750 | $739 | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Friends Of Sean Foundation:
Data Sources and Methodology
This transparency report for Friends Of Sean Foundation 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.