Sarah Ward Foundation Inc
Sarah Ward Foundation consistently spends more than it earns, relying on substantial assets.
EIN: 134266138 · Summit, NJ · NTEE: B11 · Updated: 2026-03-28
Is Sarah Ward Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Sarah Ward Foundation Inc directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Sarah Ward Foundation Inc
Sarah Ward Foundation Inc (EIN: 134266138) is a nonprofit organization based in Summit, NJ, classified under NTEE code B11. The organization reported total revenue of $980K and total assets of $6.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Sarah Ward Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Sarah Ward Foundation Inc 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: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, Sarah Ward Foundation Inc allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Executive Compensation Analysis
Executive compensation is 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 positive for minimizing overhead.
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 Sarah Ward Foundation Inc's IRS 990 filings:
- Recurring operational deficits (expenses exceeding revenue in multiple years, e.g., 2022, 2020, 2019)
- Significant asset base with unclear utilization strategy relative to annual spending
Strengths
The following positive indicators were identified for Sarah Ward Foundation Inc:
- Substantial asset base ($6,215,544 in 2022) providing financial stability
- No reported officer compensation, indicating volunteer leadership or very low administrative overhead
- Consistent IRS 990 filing history demonstrating transparency and compliance
Frequently Asked Questions about Sarah Ward Foundation Inc
Is Sarah Ward Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Sarah Ward Foundation Inc (EIN: 134266138) some concerns. Mission Score: 70/100. 2 red flags identified, 3 strengths noted.
How does Sarah Ward Foundation Inc spend its money?
Sarah Ward Foundation Inc directs 70% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Sarah Ward Foundation Inc tax-deductible?
Sarah Ward Foundation Inc is registered as a tax-exempt nonprofit (EIN: 134266138). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Sarah Ward Foundation Inc. financially sustainable given its recurring operational deficits?
The foundation has consistently reported expenses exceeding revenue in several recent years (e.g., 2022, 2020, 2019), but its substantial asset base of over $6 million suggests it can absorb these deficits in the short to medium term. Long-term sustainability would depend on either increasing revenue or reducing expenses.
How does the organization utilize its significant asset base?
With assets of $6,215,544 and annual revenues typically under $300,000, the foundation holds significant reserves. The data provided does not detail how these assets are invested or drawn upon to support its mission beyond covering operational deficits.
What are the specific program activities funded by the Sarah Ward Foundation Inc.?
The NTEE code B11 indicates 'Elementary & Secondary Education', suggesting a focus on educational programs. However, the provided financial data does not offer specific details on the nature or impact of these programs.
Filing History
IRS 990 filing history for Sarah Ward Foundation Inc showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2011–2022), Sarah Ward Foundation Inc's revenue has grown by 975.5%, moving from $19K to $207K. Total assets increased by 28.4% over the same period, from $4.8M to $6.2M. Total functional expenses rose by 61.4%, from $233K to $376K. In its most recent filing year (2022), Sarah Ward Foundation Inc reported a deficit of $169K, with expenses exceeding revenue. The organization holds $5K in liabilities against $6.2M in assets (debt-to-asset ratio: 0.1%), resulting in net assets of $6.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2022 | $207K | $376K | $6.2M | $5K | — | View 990 |
| 2021 | $200K | $189K | $6.8M | $5K | — | View 990 |
| 2020 | $196K | $243K | $6.4M | $5K | — | View 990 |
| 2019 | $234K | $395K | $6.3M | $5K | — | — |
| 2015 | $229K | $266K | $5.4M | $5K | — | View 990 |
| 2014 | $258K | $426K | $6.3M | $205K | — | View 990 |
| 2013 | $475K | $66K | $6.2M | $15K | — | View 990 |
| 2012 | $370K | $52K | $5.2M | $35K | — | View 990 |
| 2011 | $19K | $233K | $4.8M | $5K | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $207K, expenses of $376K, and assets of $6.2M (revenue +3.2% year-over-year).
- 2021: Revenue of $200K, expenses of $189K, and assets of $6.8M (revenue +2.1% year-over-year).
- 2020: Revenue of $196K, expenses of $243K, and assets of $6.4M (revenue -16.3% year-over-year).
- 2019: Revenue of $234K, expenses of $395K, and assets of $6.3M (revenue +2.3% year-over-year).
- 2015: Revenue of $229K, expenses of $266K, and assets of $5.4M (revenue -11.3% year-over-year).
- 2014: Revenue of $258K, expenses of $426K, and assets of $6.3M (revenue -45.6% year-over-year).
- 2013: Revenue of $475K, expenses of $66K, and assets of $6.2M (revenue +28.2% year-over-year).
- 2012: Revenue of $370K, expenses of $52K, and assets of $5.2M (revenue +1826.7% year-over-year).
- 2011: Revenue of $19K, expenses of $233K, and assets of $4.8M.
Data Sources and Methodology
This transparency report for Sarah Ward 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.