Sffc Foundation Inc
Sffc Foundation Inc shows fluctuating revenue, consistent asset growth, and zero reported officer compensation.
EIN: 205964342 · Hendersonvlle, TN · NTEE: T20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $3.2M |
| Total Expenses | $1.3M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $7 |
| Net Assets | $6.6M |
| Transparency Score | 85/100 |
Is Sffc Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Sffc Foundation Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Sffc Foundation Inc
Sffc Foundation Inc (EIN: 205964342) is a nonprofit organization based in Hendersonvlle, TN, classified under NTEE code T20. The organization reported total revenue of $3.2M and total assets of $7.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Sffc Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Sffc Foundation Inc is a mid-size nonprofit that has been operating for 19 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -6.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $542K |
| Total Expenses | $1.3M |
| Surplus / Deficit | $-715,986 |
| Total Assets | $6.6M |
| Total Liabilities | $2K |
| Net Assets | $6.6M |
| Operating Margin | -132.1% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 63.1 months |
Financial Health Grade: B
In 2023, Sffc Foundation Inc reported a deficit of $716K with expenses exceeding revenue, holds 63.1 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Sffc Foundation Inc's revenue has declined at a compound annual growth rate (CAGR) of -6.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -73.2% | -1.0% | -9.8% |
| 2022 | +6.6% | +41.2% | +11.5% |
| 2021 | -31.5% | -34.7% | +17.9% |
| 2020 | +206.9% | +12.1% | +33.2% |
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 Sffc Foundation Inc with a Mission Score of 85 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, Sffc Foundation 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 deficit of $716K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no officers received compensation, which is highly favorable for an organization of its size with assets reaching over $7 million.
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 Sffc Foundation Inc's IRS 990 filings:
- Significant deficit in the latest reporting period (202312) where expenses ($1,257,898) far exceeded revenue ($541,912)
- Highly fluctuating annual revenue, making financial planning and sustainability potentially challenging.
Strengths
The following positive indicators were identified for Sffc Foundation Inc:
- Consistent 0% officer compensation reported across all filings, indicating strong commitment to minimizing executive overhead.
- Substantial and generally growing asset base, reaching $7,708,190, providing financial stability.
- Consistent filing of IRS Form 990s over a decade, demonstrating good transparency practices.
- Positive net income in multiple recent years (e.g., 202212, 202112, 202012) indicating periods of strong financial performance.
Frequently Asked Questions about Sffc Foundation Inc
Is Sffc Foundation Inc a legitimate charity?
Sffc Foundation Inc (EIN: 205964342) is a registered tax-exempt nonprofit based in Tennessee. Our AI analysis gives it a Mission Score of 85/100. It has 10 years of IRS 990 filings on record. Total revenue: $3.2M. 2 red flags identified. 4 strengths noted. Financial health grade: B.
How does Sffc Foundation Inc spend its money?
Sffc Foundation Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Sffc Foundation Inc tax-deductible?
Sffc Foundation Inc is registered as a tax-exempt nonprofit (EIN: 205964342). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Sffc Foundation Inc CEO make?
Sffc Foundation Inc's highest-compensated officer earns $7 annually. The organization reported $3.2M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Sffc Foundation Inc's spending goes to programs?
Sffc Foundation Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Sffc Foundation Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Sffc Foundation Inc is above average for NTEE category T20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Sffc Foundation Inc located?
Sffc Foundation Inc is headquartered in Hendersonvlle, Tennessee and files with the IRS under EIN 205964342. It is classified under NTEE code T20.
How many years of IRS 990 filings does Sffc Foundation Inc have?
Sffc Foundation Inc has 10 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 $3.2M in total revenue.
Is Sffc Foundation Inc a good charity?
Based on the available data, Sffc Foundation Inc exhibits several characteristics of a good charity, including a strong asset base, consistent 0% officer compensation, and a history of IRS 990 filings. However, the significant revenue fluctuations and the deficit in the latest reporting period (202312) suggest a need for closer examination of their operational funding model.
How has Sffc Foundation Inc's financial health changed over time?
Sffc Foundation Inc's financial health has shown growth in assets from $2,801,570 in 2011 to $7,708,190 currently. Revenue and expenses have fluctuated annually, with some years showing significant surpluses (e.g., 202212, 202112) and others, like 202312, showing a deficit where expenses ($1,257,898) exceeded revenue ($541,912).
What is the trend in Sffc Foundation Inc's revenue?
Sffc Foundation Inc's revenue has been highly variable, ranging from $0 in 2015 and negative revenue in 2013 to highs of $2,766,486 in 2020 and $2,022,060 in 2022. The latest reported revenue for 202312 was $541,912, which is significantly lower than previous years' peaks.
Filing History
IRS 990 filing history for Sffc Foundation Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Sffc Foundation Inc's revenue has declined by 57%, moving from $1.3M to $542K. Total assets increased by 135.9% over the same period, from $2.8M to $6.6M. Total functional expenses rose by 872%, from $129K to $1.3M. In its most recent filing year (2023), Sffc Foundation Inc reported a deficit of $716K, with expenses exceeding revenue. The organization holds $2K in liabilities against $6.6M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $6.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $542K | $1.3M | $6.6M | $2K | — | — |
| 2022 | $2.0M | $1.3M | $7.3M | $3K | — | — |
| 2021 | $1.9M | $900K | $6.6M | $2K | — | — |
| 2020 | $2.8M | $1.4M | $5.6M | $1 | — | — |
| 2019 | $901K | $1.2M | $4.2M | $1 | — | View 990 |
| 2015 | $0 | $689K | $4.6M | $0 | — | View 990 |
| 2014 | $2.0M | $758K | $5.3M | $0 | — | View 990 |
| 2013 | $-6,124 | $279K | $4.0M | $0 | — | View 990 |
| 2012 | $1.6M | $120K | $4.3M | $0 | — | View 990 |
| 2011 | $1.3M | $129K | $2.8M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $542K, expenses of $1.3M, and assets of $6.6M (revenue -73.2% year-over-year).
- 2022: Revenue of $2.0M, expenses of $1.3M, and assets of $7.3M (revenue +6.6% year-over-year).
- 2021: Revenue of $1.9M, expenses of $900K, and assets of $6.6M (revenue -31.5% year-over-year).
- 2020: Revenue of $2.8M, expenses of $1.4M, and assets of $5.6M (revenue +206.9% year-over-year).
- 2019: Revenue of $901K, expenses of $1.2M, and assets of $4.2M.
- 2015: Revenue of $0, expenses of $689K, and assets of $4.6M (revenue -100.0% year-over-year).
- 2014: Revenue of $2.0M, expenses of $758K, and assets of $5.3M.
- 2013: Revenue of $-6,124, expenses of $279K, and assets of $4.0M (revenue -100.4% year-over-year).
- 2012: Revenue of $1.6M, expenses of $120K, and assets of $4.3M (revenue +26.1% year-over-year).
- 2011: Revenue of $1.3M, expenses of $129K, and assets of $2.8M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Sffc Foundation Inc:
Data Sources and Methodology
This transparency report for Sffc 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.