Sara Inc
Sara Inc shows consistent growth and strong financial health with no reported officer compensation.
EIN: 205474742 · Fort Morgan, CO · NTEE: I73 · Updated: 2026-03-28
Is Sara Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Sara Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Sara Inc
Sara Inc (EIN: 205474742) is a nonprofit organization based in Fort Morgan, CO, classified under NTEE code I73. The organization reported total revenue of $1.7M and total assets of $1.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Sara Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Sara Inc is a mid-size nonprofit that has been operating for 19 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 13.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.5M |
| Total Expenses | $1.4M |
| Surplus / Deficit | +$82K |
| Total Assets | $1.3M |
| Total Liabilities | $34K |
| Net Assets | $1.2M |
| Operating Margin | 5.4% |
| Debt-to-Asset Ratio | 2.6% |
| Months of Reserves | 10.8 months |
Financial Health Grade: A
In 2023, Sara Inc reported a surplus of $82K with revenue exceeding expenses, holds 10.8 months of operating reserves (strong position), has a debt-to-asset ratio of 2.6% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Sara Inc's revenue has grown at a compound annual growth rate (CAGR) of 13.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +0.2% | +0.0% | +6.8% |
| 2022 | +15.0% | +18.4% | +7.0% |
| 2021 | -1.6% | +10.7% | +6.2% |
| 2020 | +50.9% | +32.8% | +35.9% |
| 2019 | +95.5% | +68.4% | +17.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
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 Sara 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: 85%
- fundraising: 5%
According to IRS 990 filings, Sara Inc 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $82K, with revenue exceeding expenses.
- Debt-to-asset ratio: 2.6%.
Executive Compensation Analysis
Sara Inc consistently reports 0% officer compensation across all available filings, indicating that no salaries or other compensation are paid to its officers. This suggests a volunteer-led executive team or that executive compensation is covered through other means not reported as officer compensation, which is highly unusual for an organization of its size ($1.5M+ revenue).
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 Sara Inc's IRS 990 filings:
- 0% officer compensation reported for an organization of this size is unusual and might warrant further inquiry into how executive leadership is compensated or structured.
Strengths
The following positive indicators were identified for Sara Inc:
- Consistent revenue growth over a decade, from $455,607 in 2014 to $1,505,356 in 2023.
- Healthy and growing asset base, reaching $1,279,860 in 2023.
- Low and stable liabilities, indicating strong financial management.
- Expenses consistently below revenue, allowing for asset accumulation and financial stability.
- Reported 0% officer compensation, suggesting a high dedication to mission and efficient use of funds.
Frequently Asked Questions about Sara Inc
Is Sara Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Sara Inc (EIN: 205474742) some concerns. Mission Score: 92/100. 1 red flag identified, 5 strengths noted.
How does Sara Inc spend its money?
Sara Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Sara Inc tax-deductible?
Sara Inc is registered as a tax-exempt nonprofit (EIN: 205474742). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Sara Inc a good charity?
Based on its financial data, Sara Inc appears to be a very good charity. It demonstrates consistent revenue growth, healthy asset accumulation, and remarkably, reports 0% officer compensation, suggesting a strong dedication to its mission and efficient use of funds.
How has Sara Inc's revenue changed over time?
Sara Inc has experienced significant revenue growth, increasing from $455,607 in 2014 to $1,505,356 in 2023, representing over a 230% increase in a decade.
What is Sara Inc's asset-to-liability ratio?
In 2023, Sara Inc had assets of $1,279,860 and liabilities of $33,556, resulting in a very strong asset-to-liability ratio of approximately 38:1, indicating excellent financial stability.
Filing History
IRS 990 filing history for Sara Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Sara Inc's revenue has grown by 359.4%, moving from $328K to $1.5M. Total assets increased by 177.5% over the same period, from $461K to $1.3M. Total functional expenses rose by 368.4%, from $304K to $1.4M. In its most recent filing year (2023), Sara Inc reported a surplus of $82K, with revenue exceeding expenses. The organization holds $34K in liabilities against $1.3M in assets (debt-to-asset ratio: 2.6%), resulting in net assets of $1.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.5M | $1.4M | $1.3M | $34K | — | — |
| 2022 | $1.5M | $1.4M | $1.2M | $34K | — | — |
| 2021 | $1.3M | $1.2M | $1.1M | $34K | — | View 990 |
| 2020 | $1.3M | $1.1M | $1.1M | $73K | — | — |
| 2019 | $880K | $817K | $775K | $37K | — | View 990 |
| 2018 | $450K | $486K | $662K | $52K | — | View 990 |
| 2017 | $478K | $413K | $684K | $38K | — | View 990 |
| 2016 | $414K | $377K | $621K | $40K | — | View 990 |
| 2015 | $493K | $443K | $594K | $51K | — | View 990 |
| 2014 | $456K | $461K | $564K | $71K | — | View 990 |
| 2013 | $456K | $463K | $501K | $40K | — | View 990 |
| 2012 | $318K | $338K | $473K | $42K | — | View 990 |
| 2011 | $328K | $304K | $461K | $42K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.5M, expenses of $1.4M, and assets of $1.3M (revenue +0.2% year-over-year).
- 2022: Revenue of $1.5M, expenses of $1.4M, and assets of $1.2M (revenue +15.0% year-over-year).
- 2021: Revenue of $1.3M, expenses of $1.2M, and assets of $1.1M (revenue -1.6% year-over-year).
- 2020: Revenue of $1.3M, expenses of $1.1M, and assets of $1.1M (revenue +50.9% year-over-year).
- 2019: Revenue of $880K, expenses of $817K, and assets of $775K (revenue +95.5% year-over-year).
- 2018: Revenue of $450K, expenses of $486K, and assets of $662K (revenue -5.8% year-over-year).
- 2017: Revenue of $478K, expenses of $413K, and assets of $684K (revenue +15.2% year-over-year).
- 2016: Revenue of $414K, expenses of $377K, and assets of $621K (revenue -15.9% year-over-year).
- 2015: Revenue of $493K, expenses of $443K, and assets of $594K (revenue +8.1% year-over-year).
- 2014: Revenue of $456K, expenses of $461K, and assets of $564K (revenue +0.0% year-over-year).
- 2013: Revenue of $456K, expenses of $463K, and assets of $501K (revenue +43.2% year-over-year).
- 2012: Revenue of $318K, expenses of $338K, and assets of $473K (revenue -2.9% year-over-year).
- 2011: Revenue of $328K, expenses of $304K, and assets of $461K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Sara Inc:
Data Sources and Methodology
This transparency report for Sara 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.