Safty5 Foundation

Safty5 Foundation shows improving financial health with no reported officer compensation and consistent surpluses in recent years.

EIN: 207199304 · Lexington, MA · NTEE: T20 · Updated: 2026-03-28

$495KRevenue
$225KAssets
92/100Mission Score (Excellent)
T20
Safty5 Foundation Financial Summary
MetricValue
Total Revenue$495K
Total Expenses$203K
Program Spending90%
Net Assets$150K
Transparency Score92/100

Is Safty5 Foundation Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
1 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Safty5 Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Safty5 Foundation

Safty5 Foundation (EIN: 207199304) is a nonprofit organization based in Lexington, MA, classified under NTEE code T20. The organization reported total revenue of $495K and total assets of $225K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Safty5 Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

18Years Operating
SmallSize Classification
10Years of Filings
MixedRevenue Trajectory

Safty5 Foundation is a small nonprofit that has been operating for 18 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 35.5%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$256K
Total Expenses$203K
Surplus / Deficit+$53K
Total Assets$150K
Total Liabilities$1
Net Assets$150K
Operating Margin20.6%
Debt-to-Asset Ratio0.0%
Months of Reserves8.8 months

Financial Health Grade: A

In 2023, Safty5 Foundation reported a surplus of $53K with revenue exceeding expenses, holds 8.8 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).

Financial Trends

Over 10 years of filings (2011–2023), Safty5 Foundation's revenue has grown at a compound annual growth rate (CAGR) of 35.5%.

YearRevenue ChangeExpense ChangeAsset Change
2023+8.0%+60.7%+54.2%
2022+540.1%-20.4%+12.0%
2021-83.7%+15.1%-58.5%
2020+90.2%+36.1%+73.7%
2019+66.3%+20.6%-42.2%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date2008

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

Safty5 Foundation demonstrates a generally healthy financial position, with recent years showing positive net income. In 2023, the organization reported revenues of $255,703 against expenses of $203,142, indicating a surplus. This trend of revenue exceeding expenses is also observed in 2022 ($236,845 revenue vs. $126,438 expenses). However, there have been periods of significant deficits, such as in 2021 where expenses ($158,867) far outstripped revenue ($37,002), and earlier years like 2014 and 2011. The organization's assets have fluctuated, reaching a high of $288,150 in 2013 and currently standing at $224,733, suggesting a stable, albeit not rapidly growing, asset base. The consistent reporting of $1 in liabilities across all filings is unusual and could indicate a simplified reporting method or a lack of significant debt, which is a positive sign for financial stability. The organization's spending efficiency appears to be improving in recent years, with a clear focus on managing expenses relative to incoming funds. The absence of reported officer compensation across all filings is a strong indicator of volunteer leadership or very low administrative overhead, which typically translates to a higher percentage of funds directly supporting program activities. This commitment to minimizing administrative costs enhances the organization's overall spending efficiency. Transparency is high given the consistent filing of IRS Form 990s over a decade, providing a clear historical financial record for public scrutiny. Overall, Safty5 Foundation exhibits prudent financial management in recent periods, characterized by positive net income and a strong commitment to minimizing executive compensation. While past financial performance showed some volatility, the current trajectory suggests a well-managed and efficient operation. The consistent low liabilities and regular financial reporting contribute to a positive assessment of its financial health and transparency.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Safty5 Foundation with a Mission Score of 92 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: 90%
  • fundraising: 0%

According to IRS 990 filings, Safty5 Foundation allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% 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:

$256KTotal Revenue
$203KTotal Expenses
$150KTotal Assets
$1Total Liabilities
$150KNet Assets
  • The organization reported a surplus of $53K, with revenue exceeding expenses.
  • Debt-to-asset ratio: 0.0%.

Executive Compensation Analysis

Executive compensation is consistently reported as 0% across all available filings, indicating that the organization's leadership is either entirely volunteer-based or compensated through non-officer roles, which significantly reduces administrative overhead and maximizes funds for programs.

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 Safty5 Foundation's IRS 990 filings:

  • Unusually consistent $1 reported for liabilities across all filings, which may not fully reflect all financial obligations.

Strengths

The following positive indicators were identified for Safty5 Foundation:

  • Consistent 0% officer compensation, indicating highly efficient use of funds for programs.
  • Positive net income and growing assets in recent years (2022-2023), demonstrating improved financial stability.
  • Long history of IRS 990 filings (10 filings), indicating strong transparency and accountability.
  • Low liabilities reported, suggesting minimal debt burden.

Frequently Asked Questions about Safty5 Foundation

Is Safty5 Foundation a legitimate charity?

Safty5 Foundation (EIN: 207199304) is a registered tax-exempt nonprofit based in Massachusetts. Our AI analysis gives it a Mission Score of 92/100. It has 10 years of IRS 990 filings on record. Total revenue: $495K. 1 red flag identified. 4 strengths noted. Financial health grade: A.

How does Safty5 Foundation spend its money?

Safty5 Foundation directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.

Are donations to Safty5 Foundation tax-deductible?

Safty5 Foundation is registered as a tax-exempt nonprofit (EIN: 207199304). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

How does Safty5 Foundation compare to similar nonprofits?

With a transparency score of 92/100 (Excellent), Safty5 Foundation is above average for NTEE category T20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is Safty5 Foundation located?

Safty5 Foundation is headquartered in Lexington, Massachusetts and files with the IRS under EIN 207199304. It is classified under NTEE code T20.

How many years of IRS 990 filings does Safty5 Foundation have?

Safty5 Foundation 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 $495K in total revenue.

Is Safty5 Foundation a good charity?

Based on the available financial data, Safty5 Foundation appears to be a good charity. It consistently reports 0% officer compensation, indicating a strong commitment to minimizing administrative costs. In recent years (2022-2023), it has generated surpluses, showing sound financial management. Its long history of IRS 990 filings also demonstrates transparency.

How has Safty5 Foundation's financial health changed over time?

Safty5 Foundation's financial health has shown significant improvement in recent years. While earlier periods (e.g., 2011, 2014, 2021) saw expenses exceeding revenues, the organization has consistently generated surpluses in 2022 ($110,407 surplus) and 2023 ($52,561 surplus), indicating a positive trend in financial management and sustainability.

What is the organization's approach to executive compensation?

The organization's approach to executive compensation is highly conservative, with 0% officer compensation reported across all ten available IRS 990 filings. This suggests a volunteer-driven leadership model or that compensation is structured in a way that does not fall under 'officer compensation' on the 990, which is a strong indicator of low administrative overhead.

Are there any concerns regarding the organization's liabilities?

The organization consistently reports $1 in liabilities across all filings. While this indicates a lack of significant debt, it is an unusually low and consistent figure that might warrant further inquiry to understand the full scope of its financial obligations, though it generally points to a very low-debt profile.

Filing History

IRS 990 filing history for Safty5 Foundation showing financial trends over 10 years of public records:

Over 10 years of IRS 990 filings (2011–2023), Safty5 Foundation's revenue has grown by 3735.4%, moving from $7K to $256K. Total assets decreased by 46.1% over the same period, from $277K to $150K. Total functional expenses rose by 370.3%, from $43K to $203K. In its most recent filing year (2023), Safty5 Foundation reported a surplus of $53K, with revenue exceeding expenses. The organization holds $1 in liabilities against $150K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $150K.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $256K $203K $150K $1 View 990
2022 $237K $126K $97K $1 View 990
2021 $37K $159K $87K $1
2020 $226K $138K $208K $1 View 990
2019 $119K $101K $120K $1 View 990
2015 $72K $84K $208K $1 View 990
2014 $42K $110K $220K $1 View 990
2013 $69K $30K $288K $1 View 990
2012 $48K $77K $249K $1 View 990
2011 $7K $43K $277K $1 View 990

Year-by-Year Financial Summary

  • 2023: Revenue of $256K, expenses of $203K, and assets of $150K (revenue +8.0% year-over-year).
  • 2022: Revenue of $237K, expenses of $126K, and assets of $97K (revenue +540.1% year-over-year).
  • 2021: Revenue of $37K, expenses of $159K, and assets of $87K (revenue -83.7% year-over-year).
  • 2020: Revenue of $226K, expenses of $138K, and assets of $208K (revenue +90.2% year-over-year).
  • 2019: Revenue of $119K, expenses of $101K, and assets of $120K (revenue +66.3% year-over-year).
  • 2015: Revenue of $72K, expenses of $84K, and assets of $208K (revenue +72.0% year-over-year).
  • 2014: Revenue of $42K, expenses of $110K, and assets of $220K (revenue -39.7% year-over-year).
  • 2013: Revenue of $69K, expenses of $30K, and assets of $288K (revenue +43.8% year-over-year).
  • 2012: Revenue of $48K, expenses of $77K, and assets of $249K (revenue +620.6% year-over-year).
  • 2011: Revenue of $7K, expenses of $43K, and assets of $277K.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Safty5 Foundation:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for Safty5 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.

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