Saretha Hommel Foundation
Saretha Hommel Foundation operates with minimal revenue and assets, showing declining financial activity over time.
EIN: 204308972 · Jennings, LA · NTEE: T21 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $270 |
| Total Expenses | $260 |
| Program Spending | 80% |
| Net Assets | $17 |
| Transparency Score | 30/100 |
Is Saretha Hommel Foundation Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Saretha Hommel Foundation directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Saretha Hommel Foundation
Saretha Hommel Foundation (EIN: 204308972) is a nonprofit organization based in Jennings, LA, classified under NTEE code T21. The organization reported total revenue of $270 and total assets of $18 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Saretha Hommel Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Saretha Hommel Foundation is a micro nonprofit that has been operating for 18 years, with 8 years of IRS 990 filings on record (2011–2021). Revenue has grown at a compound annual rate of 63.3%.
Key Financial Metrics (2021)
From the most recent IRS 990 filing on record:
| Total Revenue | $270 |
| Total Expenses | $260 |
| Surplus / Deficit | +$10 |
| Total Assets | $18 |
| Total Liabilities | $1 |
| Net Assets | $17 |
| Operating Margin | 3.7% |
| Debt-to-Asset Ratio | 5.6% |
| Months of Reserves | 0.8 months |
Financial Health Grade: A
In 2021, Saretha Hommel Foundation reported a surplus of $10 with revenue exceeding expenses, holds 0.8 months of operating reserves (limited), has a debt-to-asset ratio of 5.6% (very low leverage).
Financial Trends
Over 8 years of filings (2011–2021), Saretha Hommel Foundation's revenue has grown at a compound annual growth rate (CAGR) of 63.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2021 | +26900.0% | — | +1700.0% |
| 2020 | -90.9% | -100.0% | -85.7% |
| 2019 | -91.3% | -97.2% | -30.0% |
| 2015 | -36.5% | -11.3% | -95.8% |
| 2014 | +19900.0% | +3.4% | -45.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2008 |
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 Saretha Hommel Foundation with a Mission Score of 30 out of 100 (Poor). 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: 80%
- fundraising: 0%
According to IRS 990 filings, Saretha Hommel Foundation allocates its expenses as follows: admin: 20%, programs: 80%, fundraising: 0%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2021)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $10, with revenue exceeding expenses.
- Debt-to-asset ratio: 5.6%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all filings, indicating that executive leadership is likely volunteer-based and receives no salary, which is appropriate for an organization of this extremely small size and financial capacity.
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 Saretha Hommel Foundation's IRS 990 filings:
- Extremely low and declining revenue, indicating minimal operational capacity.
- Significant decline in assets over time, from $1,075 to $18, suggesting financial instability.
- Expenses frequently exceed revenue, particularly in earlier years, leading to asset depletion.
Strengths
The following positive indicators were identified for Saretha Hommel Foundation:
- Zero officer compensation reported, indicating volunteer leadership and low administrative overhead.
- Consistent filing of IRS 990 forms, demonstrating basic compliance and transparency.
Frequently Asked Questions about Saretha Hommel Foundation
Is Saretha Hommel Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Saretha Hommel Foundation (EIN: 204308972) significant concerns. Mission Score: 30/100. 3 red flags identified, 2 strengths noted.
How does Saretha Hommel Foundation spend its money?
Saretha Hommel Foundation directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Saretha Hommel Foundation tax-deductible?
Saretha Hommel Foundation is registered as a tax-exempt nonprofit (EIN: 204308972). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Saretha Hommel Foundation compare to similar nonprofits?
With a transparency score of 30/100 (Poor), Saretha Hommel Foundation is below average for NTEE category T21 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Saretha Hommel Foundation located?
Saretha Hommel Foundation is headquartered in Jennings, Louisiana and files with the IRS under EIN 204308972. It is classified under NTEE code T21.
How many years of IRS 990 filings does Saretha Hommel Foundation have?
Saretha Hommel Foundation has 8 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 $270 in total revenue.
What are the specific programs or activities of the Saretha Hommel Foundation?
The provided IRS 990 data does not detail specific programs or activities, only financial aggregates. Given the extremely low revenue and expenses (e.g., $270 revenue, $260 expenses in 202112), any programs would be very limited in scope.
Is the Saretha Hommel Foundation financially sustainable?
Based on the declining assets (from $1,075 in 201112 to $18 in 202112) and consistently low revenue, the organization's long-term financial sustainability appears highly questionable. It operates on a very small, almost negligible, budget.
Why have the organization's assets decreased so significantly over time?
The assets have decreased from $1,075 in 201112 to $18 in 202112, while expenses often exceeded revenue in earlier periods (e.g., $959 expenses vs. $2 revenue in 201112). This suggests the organization has been drawing down its limited reserves to cover operational costs.
Filing History
IRS 990 filing history for Saretha Hommel Foundation showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2011–2021), Saretha Hommel Foundation's revenue has grown by 13400%, moving from $2 to $270. Total assets decreased by 98.3% over the same period, from $1K to $18. Total functional expenses fell by 72.9%, from $959 to $260. In its most recent filing year (2021), Saretha Hommel Foundation reported a surplus of $10, with revenue exceeding expenses. The organization holds $1 in liabilities against $18 in assets (debt-to-asset ratio: 5.6%), resulting in net assets of $17.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2021 | $270 | $260 | $18 | $1 | — | — |
| 2020 | $1 | $0 | $1 | $1 | — | View 990 |
| 2019 | $11 | $10 | $7 | $0 | — | View 990 |
| 2015 | $127 | $355 | $10 | $1 | — | View 990 |
| 2014 | $200 | $400 | $238 | $1 | — | View 990 |
| 2013 | $1 | $387 | $438 | $1 | — | View 990 |
| 2012 | $300 | $548 | $825 | $1 | — | View 990 |
| 2011 | $2 | $959 | $1K | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2021: Revenue of $270, expenses of $260, and assets of $18 (revenue +26900.0% year-over-year).
- 2020: Revenue of $1, expenses of $0, and assets of $1 (revenue -90.9% year-over-year).
- 2019: Revenue of $11, expenses of $10, and assets of $7 (revenue -91.3% year-over-year).
- 2015: Revenue of $127, expenses of $355, and assets of $10 (revenue -36.5% year-over-year).
- 2014: Revenue of $200, expenses of $400, and assets of $238 (revenue +19900.0% year-over-year).
- 2013: Revenue of $1, expenses of $387, and assets of $438 (revenue -99.7% year-over-year).
- 2012: Revenue of $300, expenses of $548, and assets of $825 (revenue +14900.0% year-over-year).
- 2011: Revenue of $2, expenses of $959, and assets of $1K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Saretha Hommel Foundation:
Data Sources and Methodology
This transparency report for Saretha Hommel 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.