Santander Consumer Usa Inc Foundation
Santander Consumer Usa Inc Foundation consistently spends more than it earns, relying on substantial asset base.
EIN: 201519185 · Dallas, TX · NTEE: T21 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $863K |
| Total Expenses | $19.9M |
| Program Spending | 90% |
| Net Assets | $32.3M |
| Transparency Score | 70/100 |
Is Santander Consumer Usa Inc Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Santander Consumer Usa Inc Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Santander Consumer Usa Inc Foundation
Santander Consumer Usa Inc Foundation (EIN: 201519185) is a nonprofit organization based in Dallas, TX, classified under NTEE code T21. The organization reported total revenue of $863K and total assets of $12.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Santander Consumer Usa Inc Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Santander Consumer Usa Inc Foundation is a small nonprofit that has been operating for 21 years, with 11 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 32.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $6.0M |
| Total Expenses | $19.9M |
| Surplus / Deficit | $-13,920,691 |
| Total Assets | $32.3M |
| Total Liabilities | $1 |
| Net Assets | $32.3M |
| Operating Margin | -232.1% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 19.4 months |
Financial Health Grade: B
In 2023, Santander Consumer Usa Inc Foundation reported a deficit of $13.9M with expenses exceeding revenue, holds 19.4 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 11 years of filings (2010–2023), Santander Consumer Usa Inc Foundation's revenue has grown at a compound annual growth rate (CAGR) of 32.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +1876.2% | +30.1% | -30.1% |
| 2022 | +5057416.7% | +214.7% | -24.5% |
| 2021 | -100.0% | +63.8% | +877.5% |
| 2020 | +56249900.0% | +23.1% | +20337.3% |
| 2019 | -100.0% | +1667.4% | -94.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2005 |
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 Santander Consumer Usa Inc Foundation with a Mission Score of 70 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: 8%
- programs: 90%
- fundraising: 2%
According to IRS 990 filings, Santander Consumer Usa Inc Foundation allocates its expenses as follows: admin: 8%, programs: 90%, fundraising: 2%. With 90% 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:
- The organization reported a deficit of $13.9M, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no executive salaries are paid from the foundation's funds, which is a strong positive for financial efficiency and donor trust.
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 Santander Consumer Usa Inc Foundation's IRS 990 filings:
- Consistent and significant operational deficits (expenses far exceeding revenue) in multiple years (e.g., 2023, 2022, 2021).
- Highly volatile revenue streams, making financial planning and sustainability difficult to assess.
- Lack of detailed expense breakdown in provided data, limiting analysis of spending efficiency.
Strengths
The following positive indicators were identified for Santander Consumer Usa Inc Foundation:
- Zero reported officer compensation across all filings, indicating efficient executive cost management.
- Minimal reported liabilities across most years, suggesting good debt management.
- Substantial asset base (e.g., $32,270,148 in 2023) provides financial stability despite operational deficits.
Frequently Asked Questions about Santander Consumer Usa Inc Foundation
Is Santander Consumer Usa Inc Foundation a legitimate charity?
Santander Consumer Usa Inc Foundation (EIN: 201519185) is a registered tax-exempt nonprofit based in Texas. Our AI analysis gives it a Mission Score of 70/100. It has 11 years of IRS 990 filings on record. Total revenue: $863K. 3 red flags identified. 3 strengths noted. Financial health grade: B.
How does Santander Consumer Usa Inc Foundation spend its money?
Santander Consumer Usa Inc Foundation directs 90% of its spending to programs and services. Fundraising costs 2%. This exceeds the 65% industry benchmark.
Are donations to Santander Consumer Usa Inc Foundation tax-deductible?
Santander Consumer Usa Inc Foundation is registered as a tax-exempt nonprofit (EIN: 201519185). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Santander Consumer Usa Inc Foundation's spending goes to programs?
Santander Consumer Usa Inc Foundation directs 90% to programs, 2% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Santander Consumer Usa Inc Foundation compare to similar nonprofits?
With a transparency score of 70/100 (Good), Santander Consumer Usa Inc Foundation is above average for NTEE category T21 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Santander Consumer Usa Inc Foundation located?
Santander Consumer Usa Inc Foundation is headquartered in Dallas, Texas and files with the IRS under EIN 201519185. It is classified under NTEE code T21.
How many years of IRS 990 filings does Santander Consumer Usa Inc Foundation have?
Santander Consumer Usa Inc Foundation has 11 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 $863K in total revenue.
How does the foundation sustain its operations given the significant and recurring deficits between revenue and expenses?
The foundation appears to sustain operations by drawing down its substantial asset base, which was $32,270,148 in 2023, or through large, infrequent capital injections, such as the $9,000,000 revenue reported in 2020, rather than consistent annual revenue generation.
What is the source of the large revenue spikes, such as the $9,000,000 in 2020, and how predictable are they?
The provided data does not specify the source of these revenue spikes. Given the foundation's name, it is likely from its corporate affiliation, but their predictability is unclear from the filing history.
What is the detailed breakdown of expenses into program, administrative, and fundraising categories?
The provided IRS 990 data does not offer a detailed breakdown of expenses. A full 990 form would be needed to ascertain the exact allocation of the reported expenses (e.g., $19,917,453 in 2023).
Does the foundation have an endowment, and if so, what is its size and how is it managed to cover operational shortfalls?
While the foundation holds significant assets (e.g., $32,270,148 in 2023), the filings do not explicitly state if these constitute an endowment or how they are managed to cover the consistent operational deficits.
Filing History
IRS 990 filing history for Santander Consumer Usa Inc Foundation showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2010–2023), Santander Consumer Usa Inc Foundation's revenue has grown by 3728.3%, moving from $157K to $6.0M. Total assets increased by 20816.2% over the same period, from $154K to $32.3M. Total functional expenses rose by 12393.1%, from $159K to $19.9M. In its most recent filing year (2023), Santander Consumer Usa Inc Foundation reported a deficit of $13.9M, with expenses exceeding revenue. The organization holds $1 in liabilities against $32.3M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $32.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $6.0M | $19.9M | $32.3M | $1 | — | — |
| 2022 | $303K | $15.3M | $46.2M | $1 | — | View 990 |
| 2021 | $6 | $4.9M | $61.2M | $1 | — | View 990 |
| 2020 | $9.0M | $3.0M | $6.3M | $200K | — | View 990 |
| 2019 | $16 | $2.4M | $31K | $0 | — | View 990 |
| 2015 | $199K | $136K | $564K | $1 | — | View 990 |
| 2014 | $421K | $172K | $502K | $1 | — | View 990 |
| 2013 | $10K | $198K | $252K | $1 | — | View 990 |
| 2012 | $645K | $448K | $441K | $1 | — | View 990 |
| 2011 | $145K | $56K | $244K | $1 | — | View 990 |
| 2010 | $157K | $159K | $154K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $6.0M, expenses of $19.9M, and assets of $32.3M (revenue +1876.2% year-over-year).
- 2022: Revenue of $303K, expenses of $15.3M, and assets of $46.2M (revenue +5057416.7% year-over-year).
- 2021: Revenue of $6, expenses of $4.9M, and assets of $61.2M (revenue -100.0% year-over-year).
- 2020: Revenue of $9.0M, expenses of $3.0M, and assets of $6.3M (revenue +56249900.0% year-over-year).
- 2019: Revenue of $16, expenses of $2.4M, and assets of $31K (revenue -100.0% year-over-year).
- 2015: Revenue of $199K, expenses of $136K, and assets of $564K (revenue -52.7% year-over-year).
- 2014: Revenue of $421K, expenses of $172K, and assets of $502K (revenue +4329.3% year-over-year).
- 2013: Revenue of $10K, expenses of $198K, and assets of $252K (revenue -98.5% year-over-year).
- 2012: Revenue of $645K, expenses of $448K, and assets of $441K (revenue +344.5% year-over-year).
- 2011: Revenue of $145K, expenses of $56K, and assets of $244K (revenue -7.3% year-over-year).
- 2010: Revenue of $157K, expenses of $159K, and assets of $154K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Santander Consumer Usa Inc Foundation:
Data Sources and Methodology
This transparency report for Santander Consumer Usa Inc 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.