Sandman Family Foundation

Sandman Family Foundation faces consistent operating deficits and declining assets.

EIN: 201612327 · Diller, NE · NTEE: T22 · Updated: 2026-03-28

$215KRevenue
$726KAssets
45/100Mission Score (Fair)
T22
Sandman Family Foundation Financial Summary
MetricValue
Total Revenue$215K
Total Expenses$51K
Program Spending85%
Net Assets$718K
Transparency Score45/100

Is Sandman Family Foundation Legit?

Significant Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
ModerateTransparency
3 FoundRed Flags

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

Sandman Family Foundation directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Sandman Family Foundation

Sandman Family Foundation (EIN: 201612327) is a nonprofit organization based in Diller, NE, classified under NTEE code T22. The organization reported total revenue of $215K and total assets of $726K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Sandman Family Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

22Years Operating
SmallSize Classification
10Years of Filings
MixedRevenue Trajectory

Sandman Family Foundation is a small nonprofit that has been operating for 22 years, with 10 years of IRS 990 filings on record (2011–2023).

Financial Trends

YearRevenue ChangeExpense ChangeAsset Change
2023-111.0%-18.6%-6.8%
2022-82.4%-1.3%-6.4%
2021+62.2%+1.8%+0.1%
2020-25.1%-10.7%-2.7%
2019-28.8%+10.3%-5.0%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date2004

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

AI Transparency Report

The Sandman Family Foundation, a private foundation, exhibits a concerning trend of declining assets and consistent operating deficits over the past several years. In 2023, the organization reported negative revenue of -$1,256 against expenses of $51,162, leading to a significant draw on its asset base, which decreased from $771,057 in 2022 to $718,448 in 2023. This pattern of expenses regularly exceeding revenue is evident across multiple years, with only a few exceptions. While the organization reports 0% officer compensation, which is positive for efficiency, the sustained financial losses raise questions about its long-term sustainability and program impact. The foundation's financial health appears to be deteriorating, with assets shrinking from a high of $890,573 in 2015 to $718,448 in 2023. The consistent negative net income suggests that the foundation is spending down its endowment without sufficient new contributions or investment gains to offset expenses. Given its NTEE code (T22 - Private Grantmaking Foundations), its primary function is likely grantmaking, and the lack of detailed expense breakdowns in the provided data makes it difficult to assess spending efficiency beyond the overall deficit. However, the absence of officer compensation indicates good internal financial controls regarding executive pay. Transparency is generally good given the availability of 990 filings. The consistent reporting of liabilities at $1 (except for 2012) suggests a very low debt burden, which is a positive indicator. However, the ongoing asset depletion is a significant concern for a foundation whose mission relies on its capital base. Without a clear strategy to reverse the trend of declining revenue and increasing deficits, the foundation's ability to fulfill its mission in the long run is questionable.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Sandman Family Foundation with a Mission Score of 45 out of 100 (Fair). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

According to IRS 990 filings, Sandman Family Foundation allocates its expenses as follows: admin: 15%, programs: 85%, fundraising: 0%. 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:

$-1,256Total Revenue
$51KTotal Expenses
$718KTotal Assets
$1Total Liabilities
$718KNet Assets

Executive Compensation Analysis

Executive compensation has consistently been reported as 0% across all available filings, indicating that no officers or directors receive salaries from the foundation, which is a positive for resource allocation.

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 Sandman Family Foundation's IRS 990 filings:

Strengths

The following positive indicators were identified for Sandman Family Foundation:

Frequently Asked Questions about Sandman Family Foundation

Is Sandman Family Foundation a legitimate charity?

Based on AI analysis of IRS 990 filings, Sandman Family Foundation (EIN: 201612327) significant concerns. Mission Score: 45/100. 3 red flags identified, 2 strengths noted.

How does Sandman Family Foundation spend its money?

Sandman Family Foundation directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.

Are donations to Sandman Family Foundation tax-deductible?

Sandman Family Foundation is registered as a tax-exempt nonprofit (EIN: 201612327). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

How does Sandman Family Foundation compare to similar nonprofits?

With a transparency score of 45/100 (Fair), Sandman Family Foundation is near average for NTEE category T22 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is Sandman Family Foundation located?

Sandman Family Foundation is headquartered in Diller, Nebraska and files with the IRS under EIN 201612327. It is classified under NTEE code T22.

How many years of IRS 990 filings does Sandman Family Foundation have?

Sandman Family 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 $215K in total revenue.

Is Sandman Family Foundation financially sustainable?

Based on the consistent operating deficits and declining assets (from $890,573 in 2015 to $718,448 in 2023), the foundation's current financial model appears unsustainable in the long term without significant changes to its revenue generation or spending.

What is the primary cause of the asset decline?

The primary cause is that expenses have consistently exceeded revenue in most years, leading to a draw on the foundation's asset base. For example, in 2023, expenses were $51,162 while revenue was -$1,256.

Does the foundation pay its officers?

No, the IRS 990 filings consistently report 0% officer compensation, indicating that no officers or directors are paid by the foundation.

Filing History

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

Over 10 years of IRS 990 filings (2011–2023), Sandman Family Foundation's revenue has declined by 102.6%, moving from $49K to $-1,256. Total assets increased by 0.1% over the same period, from $718K to $718K. Total functional expenses fell by 10.7%, from $57K to $51K. The organization holds $1 in liabilities against $718K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $718K.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $-1,256 $51K $718K $1
2022 $11K $63K $771K $1
2021 $65K $64K $824K $1
2020 $40K $63K $823K $1
2019 $53K $70K $846K $1 View 990
2015 $75K $64K $891K $1 View 990
2014 $161K $63K $880K $1 View 990
2013 $59K $58K $782K $1 View 990
2012 $123K $55K $789K $4K View 990
2011 $49K $57K $718K $1 View 990

Year-by-Year Financial Summary

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Sandman Family 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 Sandman Family 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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