Sanghi Family Foundation
Sanghi Family Foundation consistently spends more than its annual revenue, drawing down assets while maintaining zero officer compensation.
EIN: 208338277 · Paradise Vly, AZ · NTEE: T20 · Updated: 2026-03-28
Is Sanghi Family Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Sanghi Family Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Sanghi Family Foundation
Sanghi Family Foundation (EIN: 208338277) is a nonprofit organization based in Paradise Vly, AZ, classified under NTEE code T20. The organization reported total revenue of $563K and total assets of $739K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Sanghi Family 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 Sanghi Family 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: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Sanghi Family 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.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no executive salaries are paid, which is highly efficient for a foundation of its size.
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 Sanghi Family Foundation's IRS 990 filings:
- Consistent annual expenses exceeding revenue, leading to asset depletion (e.g., 2023: $150,294 expenses vs. $57,340 revenue).
Strengths
The following positive indicators were identified for Sanghi Family Foundation:
- Zero officer compensation, indicating highly efficient use of funds for its mission.
- Minimal liabilities ($1 consistently reported), demonstrating strong financial solvency.
- Consistent grantmaking activity, fulfilling its role as a private foundation.
Frequently Asked Questions about Sanghi Family Foundation
Is Sanghi Family Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Sanghi Family Foundation (EIN: 208338277) some concerns. Mission Score: 85/100. 1 red flag identified, 3 strengths noted.
How does Sanghi Family Foundation spend its money?
Sanghi Family Foundation directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Sanghi Family Foundation tax-deductible?
Sanghi Family Foundation is registered as a tax-exempt nonprofit (EIN: 208338277). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What are the primary programs or grants funded by the Sanghi Family Foundation?
Based on the NTEE code T20 (Philanthropy, Voluntarism, and Grantmaking Foundations), the foundation primarily engages in grantmaking. Specific program details would require reviewing the Schedule I (Grants and Other Assistance to Organizations, Governments, and Individuals) of their Form 990-PF filings, which are not provided here.
How does the foundation manage its declining asset base?
The consistent decline in assets, from over $1.1 million in 2015 to $761,102 in 2023, suggests the foundation is operating by distributing its endowment. This is a common model for private foundations, but without investment income details, it's unclear if there are strategies to replenish or slow the draw-down rate.
What is the source of the 'Latest Revenue' figure of $563,412, given the recent annual revenues are much lower?
The 'Latest Revenue' of $563,412 provided in the prompt likely refers to a specific, possibly non-recurring, event or a different reporting period than the annual revenues listed in the filing history. For instance, the 201412 period shows a revenue of $464,745, which is closer to this figure, suggesting a potential large contribution or investment gain in a particular year not reflected in the most recent annual trends.
Filing History
IRS 990 filing history for Sanghi Family Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Sanghi Family Foundation's revenue has grown by 761.7%, moving from $7K to $57K. Total assets increased by 18.2% over the same period, from $644K to $761K. Total functional expenses rose by 338.4%, from $34K to $150K. In its most recent filing year (2023), Sanghi Family Foundation reported a deficit of $93K, with expenses exceeding revenue. The organization holds $1 in liabilities against $761K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $761K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $57K | $150K | $761K | $1 | — | View 990 |
| 2022 | $44K | $130K | $806K | $1 | — | View 990 |
| 2021 | $35K | $144K | $843K | $1 | — | View 990 |
| 2020 | $34K | $105K | $890K | $1 | — | — |
| 2019 | $36K | $98K | $929K | $1 | — | View 990 |
| 2015 | $29K | $67K | $1.1M | $1 | — | View 990 |
| 2014 | $465K | $63K | $1.1M | $1 | — | View 990 |
| 2013 | $21K | $37K | $667K | $1 | — | View 990 |
| 2012 | $30K | $34K | $651K | $1 | — | View 990 |
| 2011 | $7K | $34K | $644K | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $57K, expenses of $150K, and assets of $761K (revenue +29.0% year-over-year).
- 2022: Revenue of $44K, expenses of $130K, and assets of $806K (revenue +25.4% year-over-year).
- 2021: Revenue of $35K, expenses of $144K, and assets of $843K (revenue +5.2% year-over-year).
- 2020: Revenue of $34K, expenses of $105K, and assets of $890K (revenue -5.4% year-over-year).
- 2019: Revenue of $36K, expenses of $98K, and assets of $929K (revenue +23.7% year-over-year).
- 2015: Revenue of $29K, expenses of $67K, and assets of $1.1M (revenue -93.8% year-over-year).
- 2014: Revenue of $465K, expenses of $63K, and assets of $1.1M (revenue +2108.7% year-over-year).
- 2013: Revenue of $21K, expenses of $37K, and assets of $667K (revenue -29.3% year-over-year).
- 2012: Revenue of $30K, expenses of $34K, and assets of $651K (revenue +347.3% year-over-year).
- 2011: Revenue of $7K, expenses of $34K, and assets of $644K.
Data Sources and Methodology
This transparency report for Sanghi 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.