Sarah Smith Education Foundation Inc
Sarah Smith Education Foundation consistently grows assets with zero liabilities and no reported officer compensation.
EIN: 202969673 · Atlanta, GA · NTEE: B82 · Updated: 2026-03-28
Is Sarah Smith Education Foundation Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Sarah Smith Education Foundation Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Sarah Smith Education Foundation Inc
Sarah Smith Education Foundation Inc (EIN: 202969673) is a nonprofit organization based in Atlanta, GA, classified under NTEE code B82. The organization reported total revenue of $199K and total assets of $626K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Sarah Smith Education Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Sarah Smith Education Foundation Inc is a small nonprofit that has been operating for 21 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 10.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $179K |
| Total Expenses | $104K |
| Surplus / Deficit | +$75K |
| Total Assets | $582K |
| Net Assets | $582K |
| Operating Margin | 41.9% |
| Months of Reserves | 67.2 months |
Financial Health Grade: A
In 2023, Sarah Smith Education Foundation Inc reported a surplus of $75K with revenue exceeding expenses, holds 67.2 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Sarah Smith Education Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 10.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +16.7% | -15.1% | +14.8% |
| 2022 | -4.8% | +10.8% | +6.5% |
| 2021 | -41.5% | -57.9% | +11.9% |
| 2020 | -13.3% | -5.2% | +3.3% |
| 2019 | -7.0% | -28.5% | +11.2% |
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 Sarah Smith Education 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Sarah Smith Education Foundation Inc allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. 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 surplus of $75K, with revenue exceeding expenses.
Executive Compensation Analysis
The organization reports 0% officer compensation across all available filings, indicating that executive leadership is either unpaid or compensated through other means not categorized as officer compensation, which is highly efficient for a nonprofit of its size.
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 Sarah Smith Education Foundation Inc:
- Consistent asset growth, from $475,859 in 2021 to $581,718 in 2023.
- Zero reported liabilities across all 13 filings, indicating strong financial health.
- 0% officer compensation reported, suggesting high efficiency in directing funds to programs.
- Expenses consistently lower than revenue in recent years (e.g., $103,812 expenses vs. $178,734 revenue in 2023).
- Long history of IRS 990 filings (13 filings), demonstrating transparency and compliance.
Frequently Asked Questions about Sarah Smith Education Foundation Inc
Is Sarah Smith Education Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Sarah Smith Education Foundation Inc (EIN: 202969673) appears legitimate. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
How does Sarah Smith Education Foundation Inc spend its money?
Sarah Smith Education Foundation Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Sarah Smith Education Foundation Inc tax-deductible?
Sarah Smith Education Foundation Inc is registered as a tax-exempt nonprofit (EIN: 202969673). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Sarah Smith Education Foundation Inc a good charity?
Based on the provided data, the Sarah Smith Education Foundation Inc appears to be a very good charity. It consistently grows its assets, has no reported liabilities, and reports 0% officer compensation, suggesting a strong focus on its mission and efficient use of funds.
How has the organization's revenue trended over time?
The organization's revenue has fluctuated, peaking around $343,309 in 2017 and $341,310 in 2018, then declining to $178,734 in 2023. While there's a recent downward trend from its peak, it remains consistently above expenses, allowing for asset growth.
What is the organization's financial stability?
The organization demonstrates excellent financial stability. It has consistently grown its assets, reaching $581,718 in 2023, and has reported $0 in liabilities across all 13 filings, indicating a very strong balance sheet.
Filing History
IRS 990 filing history for Sarah Smith Education Foundation Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Sarah Smith Education Foundation Inc's revenue has grown by 225.2%, moving from $55K to $179K. Total assets increased by 37.3% over the same period, from $424K to $582K. Total functional expenses rose by 45.2%, from $71K to $104K. In its most recent filing year (2023), Sarah Smith Education Foundation Inc reported a surplus of $75K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $179K | $104K | $582K | $0 | — | — |
| 2022 | $153K | $122K | $507K | $0 | — | View 990 |
| 2021 | $161K | $110K | $476K | $0 | — | View 990 |
| 2020 | $275K | $262K | $425K | $0 | — | View 990 |
| 2019 | $318K | $276K | $412K | $0 | — | View 990 |
| 2018 | $341K | $386K | $370K | $0 | — | View 990 |
| 2017 | $343K | $336K | $416K | $0 | — | View 990 |
| 2016 | $323K | $284K | $408K | $0 | — | View 990 |
| 2015 | $279K | $376K | $369K | $0 | — | View 990 |
| 2014 | $284K | $232K | $466K | $0 | — | View 990 |
| 2013 | $218K | $200K | $414K | $0 | — | View 990 |
| 2012 | $283K | $296K | $417K | $20K | — | View 990 |
| 2011 | $55K | $71K | $424K | $14K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $179K, expenses of $104K, and assets of $582K (revenue +16.7% year-over-year).
- 2022: Revenue of $153K, expenses of $122K, and assets of $507K (revenue -4.8% year-over-year).
- 2021: Revenue of $161K, expenses of $110K, and assets of $476K (revenue -41.5% year-over-year).
- 2020: Revenue of $275K, expenses of $262K, and assets of $425K (revenue -13.3% year-over-year).
- 2019: Revenue of $318K, expenses of $276K, and assets of $412K (revenue -7.0% year-over-year).
- 2018: Revenue of $341K, expenses of $386K, and assets of $370K (revenue -0.6% year-over-year).
- 2017: Revenue of $343K, expenses of $336K, and assets of $416K (revenue +6.3% year-over-year).
- 2016: Revenue of $323K, expenses of $284K, and assets of $408K (revenue +15.7% year-over-year).
- 2015: Revenue of $279K, expenses of $376K, and assets of $369K (revenue -1.8% year-over-year).
- 2014: Revenue of $284K, expenses of $232K, and assets of $466K (revenue +30.7% year-over-year).
- 2013: Revenue of $218K, expenses of $200K, and assets of $414K (revenue -23.0% year-over-year).
- 2012: Revenue of $283K, expenses of $296K, and assets of $417K (revenue +414.3% year-over-year).
- 2011: Revenue of $55K, expenses of $71K, and assets of $424K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Sarah Smith Education Foundation Inc:
Data Sources and Methodology
This transparency report for Sarah Smith Education 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.