Sage & Dice Foundation
Sage & Dice Foundation shows highly volatile revenue but consistent low liabilities and no reported officer compensation.
EIN: 206771152 · Naples, FL · NTEE: T20 · Updated: 2026-03-28
Is Sage & Dice Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Sage & Dice Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Sage & Dice Foundation
Sage & Dice Foundation (EIN: 206771152) is a nonprofit organization based in Naples, FL, classified under NTEE code T20. The organization reported total revenue of $9.2M and total assets of $4.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Sage & Dice Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Sage & Dice Foundation with a Mission Score of 85 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: 5%
- programs: 90%
- fundraising: 5%
According to IRS 990 filings, Sage & Dice Foundation allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, which is highly unusual for an organization with revenues reaching over $9 million. This suggests either a fully volunteer-led executive team or that compensation is structured in a way that is not reported as 'officer compensation' on the 990, which could impact 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 Sage & Dice Foundation's IRS 990 filings:
- Extreme revenue volatility year-over-year, making financial planning and sustainability uncertain.
- Consistent 0% officer compensation, which is highly unusual for an organization with multi-million dollar revenues and may obscure actual executive remuneration.
Strengths
The following positive indicators were identified for Sage & Dice Foundation:
- Consistently low liabilities ($1 across all filings), indicating strong financial health and minimal debt.
- Strong program spending ratio in recent years, with a significant portion of expenses directed towards mission-related activities.
- No reported officer compensation, suggesting high efficiency in leadership costs or a volunteer-driven executive team.
- Substantial asset base, providing financial stability despite revenue fluctuations.
Frequently Asked Questions about Sage & Dice Foundation
Is Sage & Dice Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Sage & Dice Foundation (EIN: 206771152) some concerns. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
How does Sage & Dice Foundation spend its money?
Sage & Dice Foundation directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Sage & Dice Foundation tax-deductible?
Sage & Dice Foundation is registered as a tax-exempt nonprofit (EIN: 206771152). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Sage & Dice Foundation a good charity?
Based on the available data, Sage & Dice Foundation appears to be a financially sound organization with very low liabilities and a strong commitment to program spending in recent years. The consistent 0% officer compensation is a positive indicator of efficiency. However, the extreme volatility in revenue warrants further investigation into their funding model and long-term sustainability.
Why is officer compensation consistently 0%?
The consistent reporting of 0% officer compensation across all filings is unusual for an organization of this size and revenue. It could indicate that executive leadership is entirely volunteer-based, or that compensation is paid through a related entity or structured in a way that is not classified as officer compensation on the 990. This aspect requires further clarification for full transparency.
What explains the extreme revenue fluctuations?
The revenue figures show significant swings, such as from $188,265 in 2022 to $9,254,465 in 2023. This could be due to a reliance on a few large donors, specific grant cycles, or a highly project-based funding model. Understanding the source and consistency of these revenues is crucial for assessing long-term financial stability.
How does the organization manage its assets given revenue volatility?
Despite the revenue volatility, the organization has maintained substantial assets, ranging from $1.4 million to over $7.8 million, and consistently reports minimal liabilities ($1). This suggests effective asset management and a conservative approach to debt, providing a buffer against revenue fluctuations.
Filing History
IRS 990 filing history for Sage & Dice Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Sage & Dice Foundation's revenue has grown by 61163.5%, moving from $15K to $9.3M. Total assets increased by 67.8% over the same period, from $2.8M to $4.7M. Total functional expenses rose by 203.8%, from $2.4M to $7.3M. In its most recent filing year (2023), Sage & Dice Foundation reported a surplus of $2.0M, with revenue exceeding expenses. The organization holds $1 in liabilities against $4.7M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $4.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $9.3M | $7.3M | $4.7M | $1 | — | — |
| 2022 | $188K | $112K | $4.9M | $1 | — | View 990 |
| 2021 | $9.0M | $3.7M | $4.8M | $1 | — | View 990 |
| 2020 | $3.7M | $585K | $4.8M | $1 | — | — |
| 2019 | $54K | $171K | $5.4M | $1 | — | — |
| 2015 | $5.0M | $327K | $7.8M | $1 | — | View 990 |
| 2014 | $1.9M | $166K | $3.1M | $1 | — | View 990 |
| 2013 | $70K | $283K | $1.5M | $1 | — | View 990 |
| 2012 | $3K | $1.3M | $1.6M | $1 | — | View 990 |
| 2011 | $15K | $2.4M | $2.8M | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $9.3M, expenses of $7.3M, and assets of $4.7M (revenue +4815.7% year-over-year).
- 2022: Revenue of $188K, expenses of $112K, and assets of $4.9M (revenue -97.9% year-over-year).
- 2021: Revenue of $9.0M, expenses of $3.7M, and assets of $4.8M (revenue +144.9% year-over-year).
- 2020: Revenue of $3.7M, expenses of $585K, and assets of $4.8M (revenue +6607.7% year-over-year).
- 2019: Revenue of $54K, expenses of $171K, and assets of $5.4M (revenue -98.9% year-over-year).
- 2015: Revenue of $5.0M, expenses of $327K, and assets of $7.8M (revenue +163.0% year-over-year).
- 2014: Revenue of $1.9M, expenses of $166K, and assets of $3.1M (revenue +2623.1% year-over-year).
- 2013: Revenue of $70K, expenses of $283K, and assets of $1.5M (revenue +1982.6% year-over-year).
- 2012: Revenue of $3K, expenses of $1.3M, and assets of $1.6M (revenue -77.8% year-over-year).
- 2011: Revenue of $15K, expenses of $2.4M, and assets of $2.8M.
Data Sources and Methodology
This transparency report for Sage & Dice 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.