Saola Foundation
EIN: 823731270 · Milwaukee, WI · NTEE: D12
| Metric | Value |
|---|---|
| Total Revenue | $819K |
| Total Expenses | $680K |
| Net Assets | $144K |
Is Saola Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Saola Foundation
Saola Foundation (EIN: 823731270) is a nonprofit organization based in Milwaukee, WI, classified under NTEE code D12. The organization reported total revenue of $819K and total assets of $460K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Saola Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Saola Foundation is a small nonprofit that has been operating for 8 years, with 4 years of IRS 990 filings on record (2020–2023). Revenue has grown at a compound annual rate of 58.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $558K |
| Total Expenses | $680K |
| Surplus / Deficit | $-121,250 |
| Total Assets | $159K |
| Total Liabilities | $15K |
| Net Assets | $144K |
| Operating Margin | -21.7% |
| Debt-to-Asset Ratio | 9.6% |
| Months of Reserves | 2.8 months |
Financial Health Grade: C
In 2023, Saola Foundation reported a deficit of $121K with expenses exceeding revenue, holds 2.8 months of operating reserves (limited), has a debt-to-asset ratio of 9.6% (very low leverage).
Financial Trends
Over 4 years of filings (2020–2023), Saola Foundation's revenue has grown at a compound annual growth rate (CAGR) of 58.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +9.3% | +63.4% | -47.5% |
| 2022 | +62.6% | +70.8% | +57.0% |
| 2021 | +125.5% | +519.0% | +93.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1400 |
| IRS Ruling Date | 2018 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Saola Foundation has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Saola Foundation with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $121K, with expenses exceeding revenue.
- Debt-to-asset ratio: 9.6%.
Frequently Asked Questions about Saola Foundation
Is Saola Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Saola Foundation (EIN: 823731270) insufficient data. 0 red flags identified, 0 strengths noted.
How does Saola Foundation spend its money?
Detailed spending breakdown data is not yet available for Saola Foundation. Check back for updated IRS 990 analysis.
Are donations to Saola Foundation tax-deductible?
Saola Foundation is registered as a tax-exempt nonprofit (EIN: 823731270). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Saola Foundation located?
Saola Foundation is headquartered in Milwaukee, Wisconsin and files with the IRS under EIN 823731270. It is classified under NTEE code D12.
How many years of IRS 990 filings does Saola Foundation have?
Saola Foundation has 4 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $819K in total revenue.
Filing History
IRS 990 filing history for Saola Foundation showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2020–2023), Saola Foundation's revenue has grown by 301%, moving from $139K to $558K. Total assets increased by 59.1% over the same period, from $100K to $159K. Total functional expenses rose by 1627.1%, from $39K to $680K. In its most recent filing year (2023), Saola Foundation reported a deficit of $121K, with expenses exceeding revenue. The organization holds $15K in liabilities against $159K in assets (debt-to-asset ratio: 9.6%), resulting in net assets of $144K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $558K | $680K | $159K | $15K | — | — |
| 2022 | $511K | $416K | $303K | $38K | — | View 990 |
| 2021 | $314K | $244K | $193K | $23K | — | View 990 |
| 2020 | $139K | $39K | $100K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $558K, expenses of $680K, and assets of $159K (revenue +9.3% year-over-year).
- 2022: Revenue of $511K, expenses of $416K, and assets of $303K (revenue +62.6% year-over-year).
- 2021: Revenue of $314K, expenses of $244K, and assets of $193K (revenue +125.5% year-over-year).
- 2020: Revenue of $139K, expenses of $39K, and assets of $100K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Saola Foundation:
Data Sources and Methodology
This transparency report for Saola 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.