Santa Foundation Inc

Santa Foundation Inc consistently grows assets with zero liabilities and no officer compensation.

EIN: 205564341 · Franklin, MA · NTEE: P20 · Updated: 2026-03-28

$259KRevenue

$197KAssets

92/100Mission Score (Excellent)

P20

About Santa Foundation Inc

Santa Foundation Inc (EIN: 205564341) is a nonprofit organization based in Franklin, MA, classified under NTEE code P20. The organization reported total revenue of $259K and total assets of $197K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Santa Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Santa Foundation Inc demonstrates consistent financial health with a positive net asset growth over the past decade, increasing from $28,510 in 2014 to $129,976 in 2023. The organization consistently operates with zero liabilities, indicating strong financial management and a low-risk profile. While specific program spending details are not provided in the summary data, the absence of officer compensation across all reported periods suggests a volunteer-driven model, which can contribute to higher spending efficiency by minimizing administrative overhead. The organization's revenue has fluctuated but generally maintained a stable base, with the latest reported revenue at $46,277 in 2023. The consistent filing of IRS Form 990s over 12 periods indicates a commitment to transparency, allowing public scrutiny of its financial activities.

The organization's spending efficiency appears to be strong, particularly given the lack of reported officer compensation. This implies that a significant portion of its expenses likely goes towards its charitable programs. For instance, in 2023, expenses were $44,110 against revenue of $46,277, showing that most incoming funds are utilized for operations. The consistent growth in assets, even with fluctuating revenues, suggests prudent financial stewardship and an ability to build reserves. The organization's transparency is further bolstered by its consistent compliance with IRS filing requirements, providing a clear historical financial record for stakeholders.

Overall, Santa Foundation Inc appears to be a financially stable and transparent organization. Its consistent asset growth, zero liabilities, and lack of officer compensation are positive indicators of its financial health and commitment to utilizing resources effectively. While a detailed breakdown of program versus administrative spending would provide more granular insight into efficiency, the available data points to a well-managed nonprofit.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Santa Foundation Inc with a Mission Score of 92 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, Santa 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 consistently reported as 0% across all available filings, indicating that the organization is likely run by volunteers or that compensation falls below reporting thresholds, which is highly efficient for an organization of its size with latest revenue of $46,277.

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.

Strengths

The following positive indicators were identified for Santa Foundation Inc:

Consistent asset growth (from $28,510 in 2014 to $129,976 in 2023)
Zero liabilities reported across all filing periods
0% officer compensation, indicating high efficiency or volunteer leadership
Consistent IRS 990 filing history (12 filings), demonstrating transparency
Expenses generally align closely with revenue, suggesting funds are actively used for operations (e.g., 2023: Revenue=$46,277, Expenses=$44,110)

Frequently Asked Questions about Santa Foundation Inc

Is Santa Foundation Inc financially stable?

Yes, Santa Foundation Inc appears financially stable. It has consistently grown its assets from $28,510 in 2014 to $129,976 in 2023 and maintains zero liabilities across all reported periods.

Does Santa Foundation Inc pay its officers?

No, the IRS 990 filings consistently report 0% officer compensation for all available periods, suggesting a volunteer-driven leadership or very minimal, unreported compensation.

How has Santa Foundation Inc's asset base changed over time?

Santa Foundation Inc has shown consistent asset growth, increasing from $28,510 in 2014 to $129,976 in 2023, indicating effective financial management and accumulation of resources.

What is the organization's approach to debt?

The organization consistently reports $0 in liabilities across all available filings, indicating a strong aversion to debt and a very healthy balance sheet.

Filing History

IRS 990 filing history for Santa Foundation Inc showing financial trends over 12 years of public records:

Over 12 years of IRS 990 filings (2012–2023), Santa Foundation Inc's revenue has declined by 0.3%, moving from $46K to $46K. Total assets increased by 521.5% over the same period, from $21K to $130K. Total functional expenses rose by 39.4%, from $32K to $44K. In its most recent filing year (2023), Santa Foundation Inc reported a surplus of $2K, with revenue exceeding expenses.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$46K	$44K	$130K	$0	—	—
2022	$56K	$32K	$128K	$0	—	View 990
2021	$55K	$33K	$104K	$0	—	View 990
2020	$64K	$27K	$82K	$0	—	View 990
2019	$49K	$24K	$45K	$0	—	View 990
2018	$31K	$37K	$20K	$0	—	View 990
2017	$46K	$33K	$25K	$0	—	View 990
2016	$34K	$45K	$13K	$0	—	View 990
2015	$39K	$43K	$24K	$0	—	View 990
2014	$50K	$56K	$29K	$0	—	View 990
2013	$70K	$56K	$35K	$0	—	View 990
2012	$46K	$32K	$21K	$0	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $46K, expenses of $44K, and assets of $130K (revenue -17.4% year-over-year).
2022: Revenue of $56K, expenses of $32K, and assets of $128K (revenue +1.8% year-over-year).
2021: Revenue of $55K, expenses of $33K, and assets of $104K (revenue -14.4% year-over-year).
2020: Revenue of $64K, expenses of $27K, and assets of $82K (revenue +30.1% year-over-year).
2019: Revenue of $49K, expenses of $24K, and assets of $45K (revenue +59.0% year-over-year).
2018: Revenue of $31K, expenses of $37K, and assets of $20K (revenue -31.9% year-over-year).
2017: Revenue of $46K, expenses of $33K, and assets of $25K (revenue +34.6% year-over-year).
2016: Revenue of $34K, expenses of $45K, and assets of $13K (revenue -12.3% year-over-year).
2015: Revenue of $39K, expenses of $43K, and assets of $24K (revenue -22.8% year-over-year).
2014: Revenue of $50K, expenses of $56K, and assets of $29K (revenue -28.2% year-over-year).
2013: Revenue of $70K, expenses of $56K, and assets of $35K (revenue +50.1% year-over-year).
2012: Revenue of $46K, expenses of $32K, and assets of $21K.

Data Sources and Methodology

This transparency report for Santa 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.