Shane Foundation
EIN: 43014763 · Boston, MA
| Metric | Value |
|---|---|
| Total Revenue | $795K |
| Total Expenses | $89K |
| Net Assets | $648K |
Is Shane Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Shane Foundation
Shane Foundation (EIN: 43014763) is a nonprofit organization based in Boston, MA. The organization reported total revenue of $795K and total assets of $993K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Shane Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Shane Foundation is a small nonprofit, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -3.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $112K |
| Total Expenses | $89K |
| Surplus / Deficit | +$24K |
| Total Assets | $648K |
| Total Liabilities | $1 |
| Net Assets | $648K |
| Operating Margin | 21.0% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 87.5 months |
Financial Health Grade: A
In 2023, Shane Foundation reported a surplus of $24K with revenue exceeding expenses, holds 87.5 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), Shane Foundation's revenue has declined at a compound annual growth rate (CAGR) of -3.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +221.3% | -23.7% | +3.9% |
| 2022 | -79.4% | -2.7% | -11.6% |
| 2021 | +30.9% | +12.0% | +7.4% |
| 2020 | +94.6% | -0.3% | +3.5% |
| 2019 | +153.9% | -22.3% | -3.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Shane Foundation has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Shane Foundation with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $24K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Shane Foundation
Is Shane Foundation a legitimate charity?
Shane Foundation (EIN: 43014763) is a registered tax-exempt nonprofit based in Massachusetts. It has 10 years of IRS 990 filings on record. Total revenue: $795K. No red flags identified. Financial health grade: A.
How does Shane Foundation spend its money?
Shane Foundation reported $795K in total revenue in IRS 990 filings. 10 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Shane Foundation tax-deductible?
Shane Foundation is registered as a tax-exempt nonprofit (EIN: 43014763). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Shane Foundation located?
Shane Foundation is headquartered in Boston, Massachusetts and files with the IRS under EIN 43014763.
How many years of IRS 990 filings does Shane Foundation have?
Shane Foundation 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 $795K in total revenue.
Filing History
IRS 990 filing history for Shane Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Shane Foundation's revenue has declined by 32.9%, moving from $168K to $112K. Total assets decreased by 26.7% over the same period, from $884K to $648K. Total functional expenses fell by 10.7%, from $99K to $89K. In its most recent filing year (2023), Shane Foundation reported a surplus of $24K, with revenue exceeding expenses. The organization holds $1 in liabilities against $648K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $648K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $112K | $89K | $648K | $1 | — | — |
| 2022 | $35K | $116K | $624K | $1 | — | View 990 |
| 2021 | $170K | $120K | $705K | $1 | — | — |
| 2020 | $130K | $107K | $656K | $1 | — | — |
| 2019 | $67K | $107K | $635K | $1 | — | — |
| 2015 | $26K | $138K | $660K | $1 | — | View 990 |
| 2014 | $114K | $146K | $771K | $1 | — | View 990 |
| 2013 | $35K | $124K | $804K | $1 | — | View 990 |
| 2012 | $114K | $104K | $892K | $1 | — | View 990 |
| 2011 | $168K | $99K | $884K | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $112K, expenses of $89K, and assets of $648K (revenue +221.3% year-over-year).
- 2022: Revenue of $35K, expenses of $116K, and assets of $624K (revenue -79.4% year-over-year).
- 2021: Revenue of $170K, expenses of $120K, and assets of $705K (revenue +30.9% year-over-year).
- 2020: Revenue of $130K, expenses of $107K, and assets of $656K (revenue +94.6% year-over-year).
- 2019: Revenue of $67K, expenses of $107K, and assets of $635K (revenue +153.9% year-over-year).
- 2015: Revenue of $26K, expenses of $138K, and assets of $660K (revenue -76.9% year-over-year).
- 2014: Revenue of $114K, expenses of $146K, and assets of $771K (revenue +221.0% year-over-year).
- 2013: Revenue of $35K, expenses of $124K, and assets of $804K (revenue -69.0% year-over-year).
- 2012: Revenue of $114K, expenses of $104K, and assets of $892K (revenue -31.7% year-over-year).
- 2011: Revenue of $168K, expenses of $99K, and assets of $884K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Shane Foundation:
Data Sources and Methodology
This transparency report for Shane 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.