Safe Passages
Safe Passages shows consistent revenue and asset growth with no reported officer compensation.
EIN: 204535835 · Oakland, CA · NTEE: I21 · Updated: 2026-03-28
Is Safe Passages Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Safe Passages directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Safe Passages
Safe Passages (EIN: 204535835) is a nonprofit organization based in Oakland, CA, classified under NTEE code I21. The organization reported total revenue of $19.1M and total assets of $17.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Safe Passages's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Safe Passages is a large nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 7.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $15.1M |
| Total Expenses | $12.3M |
| Surplus / Deficit | +$2.8M |
| Total Assets | $13.7M |
| Total Liabilities | $4.3M |
| Net Assets | $9.4M |
| Operating Margin | 18.8% |
| Debt-to-Asset Ratio | 31.3% |
| Months of Reserves | 13.4 months |
Financial Health Grade: A
In 2023, Safe Passages reported a surplus of $2.8M with revenue exceeding expenses, holds 13.4 months of operating reserves (strong position), has a debt-to-asset ratio of 31.3% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Safe Passages's revenue has grown at a compound annual growth rate (CAGR) of 7.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +20.4% | +22.6% | +31.7% |
| 2022 | +58.7% | +45.1% | +103.6% |
| 2021 | +19.6% | +29.0% | +18.9% |
| 2020 | +41.0% | +16.2% | +97.1% |
| 2019 | -10.1% | +19.3% | +2.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
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 Safe Passages with a Mission Score of 90 out of 100 (Excellent). 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, Safe Passages 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 surplus of $2.8M, with revenue exceeding expenses.
- Debt-to-asset ratio: 31.3%.
Executive Compensation Analysis
Safe Passages consistently reports 0% officer compensation across all available filings, indicating that no portion of their expenses is allocated to executive salaries, which is highly unusual for an organization of its size and suggests either pro-bono leadership or compensation is categorized differently.
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 Safe Passages's IRS 990 filings:
- Consistent 0% officer compensation reported, which is unusual for an organization of this size and could indicate compensation is reported elsewhere or leadership is entirely pro-bono.
Strengths
The following positive indicators were identified for Safe Passages:
- Strong and consistent revenue growth, increasing from $4.6M in 2019 to $15.1M in 2023.
- Significant asset accumulation, growing from $2.1M in 2019 to $13.7M in 2023, indicating financial stability.
- Expenses consistently lower than revenue in recent years, allowing for healthy net income and asset growth.
- No reported officer compensation, suggesting a high dedication of funds to programmatic activities.
Frequently Asked Questions about Safe Passages
Is Safe Passages a legitimate charity?
Based on AI analysis of IRS 990 filings, Safe Passages (EIN: 204535835) some concerns. Mission Score: 90/100. 1 red flag identified, 4 strengths noted.
How does Safe Passages spend its money?
Safe Passages directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Safe Passages tax-deductible?
Safe Passages is registered as a tax-exempt nonprofit (EIN: 204535835). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Safe Passages a good charity?
Based on the provided financial data, Safe Passages appears to be a good charity. It demonstrates strong financial growth, healthy asset accumulation, and a consistent record of 0% officer compensation, suggesting a strong commitment to its mission and efficient use of funds.
How has Safe Passages' revenue grown over time?
Safe Passages has experienced significant revenue growth, increasing from $4,688,668 in 2019 to $15,102,273 in 2023, representing over a 220% increase in five years.
What is the trend in Safe Passages' assets?
The organization's assets have grown substantially and consistently, from $2,181,887 in 2019 to $13,706,734 in 2023, indicating strong financial health and capacity building.
Does Safe Passages pay its officers?
According to all available IRS 990 filings, Safe Passages consistently reports 0% officer compensation, suggesting that no salaries are paid to its officers or that compensation is reported under other expense categories.
Filing History
IRS 990 filing history for Safe Passages showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Safe Passages's revenue has grown by 126.6%, moving from $6.7M to $15.1M. Total assets increased by 349.1% over the same period, from $3.1M to $13.7M. Total functional expenses rose by 71.3%, from $7.2M to $12.3M. In its most recent filing year (2023), Safe Passages reported a surplus of $2.8M, with revenue exceeding expenses. The organization holds $4.3M in liabilities against $13.7M in assets (debt-to-asset ratio: 31.3%), resulting in net assets of $9.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $15.1M | $12.3M | $13.7M | $4.3M | — | View 990 |
| 2022 | $12.5M | $10.0M | $10.4M | $3.8M | — | View 990 |
| 2021 | $7.9M | $6.9M | $5.1M | $1.1M | — | — |
| 2020 | $6.6M | $5.3M | $4.3M | $1.1M | — | View 990 |
| 2019 | $4.7M | $4.6M | $2.2M | $284K | — | View 990 |
| 2018 | $5.2M | $3.9M | $2.1M | $322K | — | View 990 |
| 2017 | $3.4M | $3.7M | $701K | $249K | — | View 990 |
| 2016 | $3.6M | $4.1M | $823K | $260K | — | View 990 |
| 2015 | $3.6M | $4.5M | $1.4M | $54K | — | View 990 |
| 2014 | $2.9M | $3.8M | $3.3M | $2.5M | — | View 990 |
| 2013 | $2.9M | $3.8M | $3.3M | $2.5M | — | View 990 |
| 2012 | $7.5M | $6.4M | $2.4M | $-353,436 | — | View 990 |
| 2011 | $6.7M | $7.2M | $3.1M | $771K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $15.1M, expenses of $12.3M, and assets of $13.7M (revenue +20.4% year-over-year).
- 2022: Revenue of $12.5M, expenses of $10.0M, and assets of $10.4M (revenue +58.7% year-over-year).
- 2021: Revenue of $7.9M, expenses of $6.9M, and assets of $5.1M (revenue +19.6% year-over-year).
- 2020: Revenue of $6.6M, expenses of $5.3M, and assets of $4.3M (revenue +41.0% year-over-year).
- 2019: Revenue of $4.7M, expenses of $4.6M, and assets of $2.2M (revenue -10.1% year-over-year).
- 2018: Revenue of $5.2M, expenses of $3.9M, and assets of $2.1M (revenue +51.8% year-over-year).
- 2017: Revenue of $3.4M, expenses of $3.7M, and assets of $701K (revenue -5.1% year-over-year).
- 2016: Revenue of $3.6M, expenses of $4.1M, and assets of $823K (revenue -0.8% year-over-year).
- 2015: Revenue of $3.6M, expenses of $4.5M, and assets of $1.4M (revenue +26.5% year-over-year).
- 2014: Revenue of $2.9M, expenses of $3.8M, and assets of $3.3M (revenue +0.0% year-over-year).
- 2013: Revenue of $2.9M, expenses of $3.8M, and assets of $3.3M (revenue -61.4% year-over-year).
- 2012: Revenue of $7.5M, expenses of $6.4M, and assets of $2.4M (revenue +12.2% year-over-year).
- 2011: Revenue of $6.7M, expenses of $7.2M, and assets of $3.1M.
Data Sources and Methodology
This transparency report for Safe Passages 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.