Santa Claus Fund
Santa Claus Fund's last reported finances from 2011 show minimal activity and no executive compensation.
EIN: 16028918 · Brunswick, ME · NTEE: P58Z · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Expenses | $66K |
| Program Spending | 85% |
| Net Assets | $70K |
| Transparency Score | 60/100 |
Is Santa Claus Fund Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Santa Claus Fund directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Santa Claus Fund
Santa Claus Fund (EIN: 16028918) is a nonprofit organization based in Brunswick, ME, classified under NTEE code P58Z. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Santa Claus Fund's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Santa Claus Fund is a micro nonprofit that has been operating for 58 years.
Key Financial Metrics (2011)
From the most recent IRS 990 filing on record:
| Total Revenue | $67K |
| Total Expenses | $66K |
| Surplus / Deficit | +$403 |
| Total Assets | $70K |
| Net Assets | $70K |
| Operating Margin | 0.6% |
| Months of Reserves | 12.7 months |
Financial Health Grade: A
In 2011, Santa Claus Fund reported a surplus of $403 with revenue exceeding expenses, holds 12.7 months of operating reserves (strong position).
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1968 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Santa Claus Fund with a Mission Score of 60 out of 100 (Good). 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: 85%
- fundraising: 5%
According to IRS 990 filings, Santa Claus Fund allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2011)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $403, with revenue exceeding expenses.
Executive Compensation Analysis
The organization reported 0% officer compensation in its 2011 filing, indicating that no executives or officers received salaries, which is positive for a small charity.
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 Santa Claus Fund's IRS 990 filings:
- No recent financial filings available since 2011
- Reported $0 revenue and $0 assets in latest data, suggesting inactivity
Strengths
The following positive indicators were identified for Santa Claus Fund:
- No officer compensation reported in its last filing (2011)
- Operated near break-even in 2011 with $66,888 revenue and $66,485 expenses
Frequently Asked Questions about Santa Claus Fund
Is Santa Claus Fund a legitimate charity?
Based on AI analysis of IRS 990 filings, Santa Claus Fund (EIN: 16028918) some concerns. Mission Score: 60/100. 2 red flags identified, 2 strengths noted.
How does Santa Claus Fund spend its money?
Santa Claus Fund directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Santa Claus Fund tax-deductible?
Santa Claus Fund is registered as a tax-exempt nonprofit (EIN: 16028918). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Santa Claus Fund's spending goes to programs?
Santa Claus Fund directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Santa Claus Fund compare to similar nonprofits?
With a transparency score of 60/100 (Good), Santa Claus Fund is above average for NTEE category P58Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Santa Claus Fund located?
Santa Claus Fund is headquartered in Brunswick, Maine and files with the IRS under EIN 16028918. It is classified under NTEE code P58Z.
Is Santa Claus Fund a good charity?
Based on its 2011 filing, the Santa Claus Fund demonstrated efficient spending with no officer compensation and operated near break-even. However, the lack of recent financial data makes it impossible to assess its current status or effectiveness, raising concerns about its ongoing viability and transparency.
What is the current financial status of Santa Claus Fund?
The latest available data indicates $0 in revenue and $0 in assets, suggesting the organization may no longer be active or has ceased operations since its last reported filing in 2011.
How transparent is Santa Claus Fund?
Transparency is a concern due to the absence of any recent IRS 990 filings or financial data beyond 2011. Without current information, it's difficult for the public to assess its operations.
Filing History
IRS 990 filing history for Santa Claus Fund showing financial trends over 1 year of public records:
In its most recent filing year (2011), Santa Claus Fund reported a surplus of $403, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2011 | $67K | $66K | $70K | $0 | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Santa Claus Fund:
Data Sources and Methodology
This transparency report for Santa Claus Fund 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.