Samara Fund Inc

Samara Fund Inc maintains substantial assets with zero executive compensation amidst volatile revenue streams.

EIN: 202742189 · Burnsville, NC · Updated: 2026-03-28

$434KRevenue

$2.8MAssets

85/100Mission Score (Excellent)

About Samara Fund Inc

Samara Fund Inc (EIN: 202742189) is a nonprofit organization based in Burnsville, NC. The organization reported total revenue of $434K and total assets of $2.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Samara Fund Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Samara Fund Inc demonstrates a generally stable financial position with significant assets relative to its annual expenses. The organization consistently reports zero officer compensation, indicating a volunteer-led or very lean administrative structure, which is a positive sign for donor confidence. However, the revenue has been highly volatile, including a negative revenue year in 2020, which could indicate reliance on fluctuating investment income or inconsistent fundraising. Despite this, the organization has maintained a healthy asset base, growing from $1.95 million in 2011 to $2.83 million currently, suggesting effective asset management or significant prior endowments. The lack of detailed expense breakdowns in the provided data makes a precise assessment of spending efficiency challenging, but the absence of officer compensation is a strong indicator of low administrative overhead.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Samara Fund Inc 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: 10%
programs: 90%
fundraising: 0%

According to IRS 990 filings, Samara Fund Inc 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.

Executive Compensation Analysis

Samara Fund Inc consistently reports 0% officer compensation across all available filings, indicating a volunteer-led executive team or that executive functions are absorbed within other operational costs without direct compensation, which is highly favorable for donor funds.

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 Samara Fund Inc's IRS 990 filings:

Highly volatile revenue, including a negative revenue year in 2020, which could indicate an unstable funding model or significant reliance on investment performance.
NTEE code is unknown, making it difficult to benchmark against similar organizations or understand its specific charitable purpose without further research.

Strengths

The following positive indicators were identified for Samara Fund Inc:

Consistently reports 0% officer compensation, indicating extremely low executive overhead.
Maintains a strong asset base ($2,830,244) relative to annual expenses, suggesting financial stability and capacity.
Low liabilities ($1 across multiple years) indicates sound financial management and minimal debt.
Significant asset growth over the long term, from $1.95 million in 2011 to $2.83 million currently.

Frequently Asked Questions about Samara Fund Inc

What is the primary source of Samara Fund Inc's revenue given its volatility?

The provided data shows significant revenue fluctuations, including a negative revenue year in 2020. This pattern often suggests a reliance on investment income, capital gains/losses, or large, infrequent grants rather than consistent program service fees or small-dollar donations. Further investigation into their Form 990, Part VIII, Statement of Revenue, would clarify this.

How does Samara Fund Inc manage to operate with zero officer compensation?

The consistent reporting of 0% officer compensation implies that the organization is either entirely volunteer-run at the executive level, or executive duties are performed by staff whose compensation is categorized under other expense lines (e.g., program or administrative staff) rather than specifically as 'officer compensation'. This is a strong indicator of low overhead.

What are the specific program activities funded by Samara Fund Inc?

The NTEE code is unknown, and the provided data does not detail specific program activities. To understand their mission impact, one would need to review their Form 990, Part III, Statement of Program Service Accomplishments.

Filing History

IRS 990 filing history for Samara Fund Inc showing financial trends over 9 years of public records:

Over 9 years of IRS 990 filings (2011–2022), Samara Fund Inc's revenue has declined by 35.2%, moving from $573K to $371K. Total assets increased by 43.8% over the same period, from $2.0M to $2.8M. Total functional expenses rose by 113.1%, from $116K to $247K. In its most recent filing year (2022), Samara Fund Inc reported a surplus of $125K, with revenue exceeding expenses. The organization holds $1 in liabilities against $2.8M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $2.8M.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2022	$371K	$247K	$2.8M	$1	—	View 990
2021	$153K	$276K	$2.7M	$1	—	View 990
2020	$-72,943	$235K	$2.8M	$1	—	View 990
2019	$97K	$232K	$3.1M	$1	—	View 990
2015	$185K	$218K	$3.4M	$1	—	View 990
2014	$649K	$210K	$3.4M	$1	—	View 990
2013	$632K	$186K	$3.0M	$1	—	View 990
2012	$721K	$144K	$2.5M	$1	—	View 990
2011	$573K	$116K	$2.0M	$0	—	View 990

Year-by-Year Financial Summary

2022: Revenue of $371K, expenses of $247K, and assets of $2.8M (revenue +142.0% year-over-year).
2021: Revenue of $153K, expenses of $276K, and assets of $2.7M.
2020: Revenue of $-72,943, expenses of $235K, and assets of $2.8M (revenue -175.4% year-over-year).
2019: Revenue of $97K, expenses of $232K, and assets of $3.1M (revenue -47.8% year-over-year).
2015: Revenue of $185K, expenses of $218K, and assets of $3.4M (revenue -71.4% year-over-year).
2014: Revenue of $649K, expenses of $210K, and assets of $3.4M (revenue +2.7% year-over-year).
2013: Revenue of $632K, expenses of $186K, and assets of $3.0M (revenue -12.4% year-over-year).
2012: Revenue of $721K, expenses of $144K, and assets of $2.5M (revenue +25.9% year-over-year).
2011: Revenue of $573K, expenses of $116K, and assets of $2.0M.

Data Sources and Methodology

This transparency report for Samara Fund Inc 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.