Screaming Comet Foundation

Screaming Comet Foundation accumulates significant assets with minimal reported expenses, raising questions about programmatic spending.

EIN: 200512645 · Miami Beach, FL · NTEE: T20 · Updated: 2026-03-28

$6.6MRevenue
$158.7MAssets
45/100Mission Score (Fair)
T20

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Screaming Comet Foundation Financial Summary
MetricValue
Total Revenue$6.6M
Total Expenses$3.6M
Program Spending50%
CEO/Top Officer Pay$158
Net Assets$129.5M
Transparency Score45/100

Search Intent Cockpit

Screaming Comet Foundation Form 990, Revenue, CEO Pay, and IRS Filing Signals

Screaming Comet Foundation is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around Screaming Comet Foundation in one place.

Form 990 Filing Summary

9 filing years are available, with latest revenue of $36.2M and expenses of $3.6M.

Revenue and Expenses

Screaming Comet Foundation reported $36.2M in revenue and $3.6M in expenses, a surplus of $32.6M.

Executive Compensation

Top officer compensation appears as $158 in the stored analysis, with context against revenue and expenses below.

Charity Score and Red Flags

45/100 mission score, 4 red flags, and 4 strengths are shown from structured and AI review.

Is Screaming Comet Foundation Legit?

Significant Concerns

GoodFiling Consistency
Below AverageSpending Efficiency
ModerateTransparency
4 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

IRS 990 Data Cockpit

Where the Money Comes From and Where It Goes

PendingDonor/Grant Funding
50%Program Expense
$0Grants Paid
9Stored Filing Years

Revenue Source Mix

Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.

Expense Deployment

Screaming Comet Foundation Expense Deployment
Program services$1.8M (50%)

Across stored filings, Screaming Comet Foundation shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.

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Screaming Comet Foundation Donor Decision Matrix
Decision LensSignalWhat to Inspect Next
LegitimacySignificant ConcernsGood filing record; 4 red flags identified
Mission spend50% to programsBelow Average
Financial durabilityGrade A9 stored filing years
Peer contextCompare with Cornelia Warren Community Assn IncFlorida and Philanthropy context

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Screaming Comet Foundation directs 50% of its spending to programs. This falls below the 65% benchmark. Donors may want to investigate further.

About Screaming Comet Foundation

Screaming Comet Foundation (EIN: 200512645) is a nonprofit organization based in Miami Beach, FL, classified under NTEE code T20. The organization reported total revenue of $6.6M and total assets of $158.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Screaming Comet Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

22Years Operating
Mid-SizeSize Classification
9Years of Filings
MixedRevenue Trajectory

Screaming Comet Foundation is a mid-size nonprofit that has been operating for 22 years, with 9 years of IRS 990 filings on record (2011–2022). Revenue has grown at a compound annual rate of 17.7%.

Key Financial Metrics (2022)

From the most recent IRS 990 filing on record:

Total Revenue$36.2M
Total Expenses$3.6M
Surplus / Deficit+$32.6M
Total Assets$129.5M
Total Liabilities$1
Net Assets$129.5M
Operating Margin90.1%
Debt-to-Asset Ratio0.0%
Months of Reserves434.1 months

Financial Health Grade: A

In 2022, Screaming Comet Foundation reported a surplus of $32.6M with revenue exceeding expenses, holds 434.1 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).

Financial Trends

Over 9 years of filings (2011–2022), Screaming Comet Foundation's revenue has grown at a compound annual growth rate (CAGR) of 17.7%.

YearRevenue ChangeExpense ChangeAsset Change
2022-17.4%+901.3%+12.7%
2021+249.7%+269.6%+103.5%
2020-1.2%-47.9%+71.9%
2019+813.5%-94.1%+444.0%
2015-74.7%+40.1%-32.9%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date2004

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

The Screaming Comet Foundation demonstrates exceptional financial health, with its assets growing from $10.3 million in 2011 to over $158.7 million currently, indicating robust financial management and significant asset accumulation. The organization consistently reports minimal liabilities, often just $1, which is a strong indicator of financial stability and low debt burden. However, a notable concern is the extremely low expense ratios relative to revenue in recent years. For instance, in 2022, the foundation reported $36.2 million in revenue against only $3.6 million in expenses, and in 2021, $43.8 million in revenue against a mere $357,399 in expenses. This suggests that a very small portion of its substantial revenue is being spent on its stated mission or operations, raising questions about spending efficiency and the immediate impact of its programs. The consistent reporting of 0% officer compensation across all filings suggests either a fully volunteer-led executive team or that compensation is reported under different categories, which could impact transparency regarding leadership costs. The significant disparity between revenue and expenses, particularly in recent years, warrants further investigation into how the organization's substantial assets are being utilized to fulfill its NTEE code T20 mission (Philanthropy, Voluntarism & Grantmaking Foundations). While asset growth is positive, the low expense-to-revenue ratio could indicate that the foundation is primarily an endowment-building entity rather than an active grantmaker or program implementer. Without a detailed breakdown of program service expenses versus administrative and fundraising costs, it's challenging to fully assess spending efficiency. The lack of reported officer compensation is a positive for minimizing overhead, but the overall low spending relative to available resources suggests a potential for greater programmatic deployment.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Screaming Comet Foundation with a Mission Score of 45 out of 100 (Fair). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

  • admin: 40%
  • programs: 50%
  • fundraising: 10%

According to IRS 990 filings, Screaming Comet Foundation allocates its expenses as follows: admin: 40%, programs: 50%, fundraising: 10%. Approximately 50% goes to programs, indicating moderate mission focus.

Key Financial Metrics (2022)

From the most recent IRS 990 filing on record:

$36.2MTotal Revenue
$3.6MTotal Expenses
$129.5MTotal Assets
$1Total Liabilities
$129.5MNet Assets
  • The organization reported a surplus of $32.6M, with revenue exceeding expenses.
  • Debt-to-asset ratio: 0.0%.

Executive Compensation Analysis

The organization consistently reports 0% officer compensation across all available filings, which is highly unusual for an entity with over $158 million in assets and tens of millions in annual revenue. This suggests either a fully volunteer executive team or that executive compensation is categorized in a way that is not transparently reported as 'officer compensation' on the 990.

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 Screaming Comet Foundation's IRS 990 filings:

  • Extremely low expense-to-revenue ratio in recent years (e.g., 2021 expenses were less than 1% of revenue)
  • Consistent reporting of 0% officer compensation for a large organization, raising transparency questions
  • Significant asset accumulation without corresponding increase in programmatic spending
  • Lack of clear indication on how substantial assets are being deployed for charitable purposes

Strengths

The following positive indicators were identified for Screaming Comet Foundation:

  • Exceptional financial stability with consistently low liabilities (often $1)
  • Strong asset growth over time, indicating robust financial management and investment
  • Significant financial reserves available for future programmatic initiatives
  • No reported officer compensation, suggesting low leadership overhead if accurate

Frequently Asked Questions about Screaming Comet Foundation

Is Screaming Comet Foundation a legitimate charity?

Screaming Comet Foundation (EIN: 200512645) is a registered tax-exempt nonprofit based in Florida. Our AI analysis gives it a Mission Score of 45/100. It has 9 years of IRS 990 filings on record. Total revenue: $6.6M. 4 red flags identified. 4 strengths noted. Financial health grade: A.

How does Screaming Comet Foundation spend its money?

Screaming Comet Foundation directs 50% of its spending to programs and services. Fundraising costs 10%. This falls below the 65% benchmark.

Are donations to Screaming Comet Foundation tax-deductible?

Screaming Comet Foundation is registered as a tax-exempt nonprofit (EIN: 200512645). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

How much does the Screaming Comet Foundation CEO make?

Screaming Comet Foundation's highest-compensated officer earns $158 annually. The organization reported $6.6M in total revenue. Executive compensation data is disclosed in IRS 990 filings.

What percentage of Screaming Comet Foundation's spending goes to programs?

Screaming Comet Foundation directs 50% to programs, 10% to fundraising. This falls below the 65% industry benchmark, which may warrant further review by donors.

How does Screaming Comet Foundation compare to similar nonprofits?

With a transparency score of 45/100 (Fair), Screaming Comet Foundation is near average for NTEE category T20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is Screaming Comet Foundation located?

Screaming Comet Foundation is headquartered in Miami Beach, Florida and files with the IRS under EIN 200512645. It is classified under NTEE code T20.

How many years of IRS 990 filings does Screaming Comet Foundation have?

Screaming Comet Foundation has 9 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 $6.6M in total revenue.

Why are expenses consistently so low relative to revenue, especially in recent years (e.g., $3.6M expenses on $36.2M revenue in 2022)?

The significant disparity between revenue and expenses suggests that the organization is primarily accumulating assets rather than actively spending on programs or operations. This could indicate a focus on endowment building or a delay in deploying funds.

How does the Screaming Comet Foundation fulfill its mission (NTEE T20) with such minimal reported expenses?

Given the low expenses, it's unclear how the foundation is actively engaging in philanthropy, voluntarism, or grantmaking. Further details on program service accomplishments and grant distributions would be necessary to understand its impact.

Is the 0% officer compensation accurate, or is executive compensation reported under a different category?

While 0% officer compensation is positive for overhead, it's highly uncommon for an organization of this size. It warrants clarification to ensure transparency regarding leadership costs.

What is the organization's strategy for deploying its substantial assets ($158.7M) to achieve its charitable purpose?

With such a large asset base and low spending, the foundation's long-term strategy for utilizing these funds to generate charitable impact is not evident from the provided data.

Filing History

IRS 990 filing history for Screaming Comet Foundation showing financial trends over 9 years of public records:

Over 9 years of IRS 990 filings (2011–2022), Screaming Comet Foundation's revenue has grown by 502.1%, moving from $6.0M to $36.2M. Total assets increased by 1155.5% over the same period, from $10.3M to $129.5M. Total functional expenses rose by 0.3%, from $3.6M to $3.6M. In its most recent filing year (2022), Screaming Comet Foundation reported a surplus of $32.6M, with revenue exceeding expenses. The organization holds $1 in liabilities against $129.5M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $129.5M.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2022 $36.2M $3.6M $129.5M $1 View 990
2021 $43.8M $357K $114.8M $1 View 990
2020 $12.5M $97K $56.4M $1
2019 $12.7M $186K $32.8M $1
2015 $1.4M $3.1M $6.0M $0 View 990
2014 $5.5M $2.2M $9.0M $0 View 990
2013 $2.1M $3.4M $7.0M $0 View 990
2012 $1.3M $3.5M $8.3M $0 View 990
2011 $6.0M $3.6M $10.3M $0 View 990

Year-by-Year Financial Summary

  • 2022: Revenue of $36.2M, expenses of $3.6M, and assets of $129.5M (revenue -17.4% year-over-year).
  • 2021: Revenue of $43.8M, expenses of $357K, and assets of $114.8M (revenue +249.7% year-over-year).
  • 2020: Revenue of $12.5M, expenses of $97K, and assets of $56.4M (revenue -1.2% year-over-year).
  • 2019: Revenue of $12.7M, expenses of $186K, and assets of $32.8M (revenue +813.5% year-over-year).
  • 2015: Revenue of $1.4M, expenses of $3.1M, and assets of $6.0M (revenue -74.7% year-over-year).
  • 2014: Revenue of $5.5M, expenses of $2.2M, and assets of $9.0M (revenue +155.5% year-over-year).
  • 2013: Revenue of $2.1M, expenses of $3.4M, and assets of $7.0M (revenue +60.6% year-over-year).
  • 2012: Revenue of $1.3M, expenses of $3.5M, and assets of $8.3M (revenue -77.8% year-over-year).
  • 2011: Revenue of $6.0M, expenses of $3.6M, and assets of $10.3M.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Screaming Comet Foundation:

2022 Filing 2021 Filing 2020 Filing 2019 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for Screaming Comet 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.

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