Sansom Foundation Inc
Sansom Foundation Inc. maintains strong asset growth and zero reported officer compensation over a decade.
EIN: 136136127 · Bonita Spgs, FL · Updated: 2026-03-28
About Sansom Foundation Inc
Sansom Foundation Inc (EIN: 136136127) is a nonprofit organization based in Bonita Spgs, FL. The organization reported total revenue of $6.1M and total assets of $22.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Sansom Foundation Inc'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 Sansom Foundation Inc with a Mission Score of 95 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, Sansom Foundation 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
Executive compensation is reported as 0% across all available filings, indicating that no salaries are paid to officers, which is highly unusual for an organization with assets exceeding $22 million. This suggests a volunteer-led executive structure or that compensation is covered by an external entity, significantly enhancing the organization's spending efficiency.
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 Sansom Foundation Inc's IRS 990 filings:
- NTEE Code Unknown: Lack of a specified NTEE code makes it difficult to benchmark against similar organizations and understand its specific programmatic focus.
- Significant revenue fluctuation: The drastic drop in revenue in 2020 to $87,051 from over $800,000 in prior years, though recovered, could indicate potential instability or reliance on unpredictable funding sources.
Strengths
The following positive indicators were identified for Sansom Foundation Inc:
- Strong asset growth: Assets have consistently grown from $17.3 million in 2011 to $22.7 million currently, indicating excellent financial stewardship and long-term stability.
- Zero officer compensation: Reporting 0% officer compensation across all filings is a significant strength, suggesting extremely high efficiency in directing funds towards the mission rather than executive salaries.
- Minimal liabilities: Consistently reporting $0 or $1 in liabilities demonstrates a very healthy balance sheet and low financial risk.
- Positive net income in recent years: For example, in 2023, revenue ($1,515,857) significantly exceeded expenses ($868,544), allowing for asset accumulation.
- Consistent filing history: A decade of consistent IRS 990 filings demonstrates transparency and adherence to regulatory requirements.
Frequently Asked Questions about Sansom Foundation Inc
Is Sansom Foundation Inc. a good charity?
Based on the available financial data, Sansom Foundation Inc. appears to be a very good charity. It demonstrates strong financial health with growing assets, minimal liabilities, and a remarkable commitment to efficiency by reporting 0% officer compensation across all filings.
How does Sansom Foundation Inc. manage its finances?
The organization manages its finances prudently, consistently growing its assets from $17.3 million in 2011 to $22.7 million currently. Expenses have generally been kept below revenue in recent years, contributing to this asset growth, and liabilities are consistently negligible.
What is the trend in Sansom Foundation Inc.'s revenue?
Sansom Foundation Inc.'s revenue has fluctuated over the years, with a low of $87,051 in 2020 and a high of $1,515,857 in 2023. Despite the variability, the overall trend in recent years (2021-2023) shows a strong recovery and growth in revenue.
Filing History
IRS 990 filing history for Sansom Foundation Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Sansom Foundation Inc's revenue has grown by 604.6%, moving from $215K to $1.5M. Total assets increased by 23.1% over the same period, from $17.3M to $21.4M. Total functional expenses rose by 4.2%, from $834K to $869K. In its most recent filing year (2023), Sansom Foundation Inc reported a surplus of $647K, with revenue exceeding expenses. The organization holds $1 in liabilities against $21.4M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $21.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $1.5M | $869K | $21.4M | $1 | — | — |
| 2022 | $1.1M | $977K | $20.5M | $1 | — | View 990 |
| 2021 | $1.1M | $802K | $22.9M | $1 | — | View 990 |
| 2020 | $87K | $1.3M | $19.0M | $1 | — | View 990 |
| 2019 | $816K | $808K | $19.6M | $0 | — | View 990 |
| 2015 | $1.1M | $581K | $18.6M | $1 | — | View 990 |
| 2014 | $972K | $1.0M | $19.9M | $1 | — | View 990 |
| 2013 | $725K | $1.0M | $19.8M | $1 | — | View 990 |
| 2012 | $352K | $1.1M | $18.4M | $1 | — | View 990 |
| 2011 | $215K | $834K | $17.3M | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.5M, expenses of $869K, and assets of $21.4M (revenue +41.9% year-over-year).
- 2022: Revenue of $1.1M, expenses of $977K, and assets of $20.5M (revenue -5.5% year-over-year).
- 2021: Revenue of $1.1M, expenses of $802K, and assets of $22.9M (revenue +1198.3% year-over-year).
- 2020: Revenue of $87K, expenses of $1.3M, and assets of $19.0M (revenue -89.3% year-over-year).
- 2019: Revenue of $816K, expenses of $808K, and assets of $19.6M (revenue -29.0% year-over-year).
- 2015: Revenue of $1.1M, expenses of $581K, and assets of $18.6M (revenue +18.3% year-over-year).
- 2014: Revenue of $972K, expenses of $1.0M, and assets of $19.9M (revenue +34.0% year-over-year).
- 2013: Revenue of $725K, expenses of $1.0M, and assets of $19.8M (revenue +106.0% year-over-year).
- 2012: Revenue of $352K, expenses of $1.1M, and assets of $18.4M (revenue +63.6% year-over-year).
- 2011: Revenue of $215K, expenses of $834K, and assets of $17.3M.
Data Sources and Methodology
This transparency report for Sansom Foundation 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.