Sharon K Stultz Family Foundation
Sharon K Stultz Family Foundation consistently reports zero officer compensation while managing fluctuating revenues and expenses.
EIN: 205981135 · Lawrence, KS · NTEE: T20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $77K |
| Total Expenses | $18K |
| Program Spending | 90% |
| Net Assets | $204K |
| Transparency Score | 85/100 |
Is Sharon K Stultz Family Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Sharon K Stultz Family Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Sharon K Stultz Family Foundation
Sharon K Stultz Family Foundation (EIN: 205981135) is a nonprofit organization based in Lawrence, KS, classified under NTEE code T20. The organization reported total revenue of $77K and total assets of $295K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Sharon K Stultz Family Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Sharon K Stultz Family Foundation is a micro nonprofit that has been operating for 19 years, with 5 years of IRS 990 filings on record (2011–2015). Revenue has grown at a compound annual rate of 42.4%.
Key Financial Metrics (2015)
From the most recent IRS 990 filing on record:
| Total Revenue | $16K |
| Total Expenses | $18K |
| Surplus / Deficit | $-1,784 |
| Total Assets | $204K |
| Total Liabilities | $1 |
| Net Assets | $204K |
| Operating Margin | -11.0% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 135.6 months |
Financial Health Grade: B
In 2015, Sharon K Stultz Family Foundation reported a deficit of $2K with expenses exceeding revenue, holds 135.6 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 5 years of filings (2011–2015), Sharon K Stultz Family Foundation's revenue has grown at a compound annual growth rate (CAGR) of 42.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2015 | +139.1% | -16.0% | -0.9% |
| 2014 | -69.4% | +63.1% | -6.8% |
| 2013 | +128.5% | -0.6% | +4.4% |
| 2012 | +145.5% | -54.7% | -1.6% |
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 Sharon K Stultz Family Foundation 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: 90%
- fundraising: 0%
According to IRS 990 filings, Sharon K Stultz Family Foundation allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2015)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $2K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
The foundation consistently reports 0% officer compensation across all available filings, indicating that no executive salaries are paid, which is highly efficient for an organization of its size.
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 Sharon K Stultz Family Foundation's IRS 990 filings:
- Expenses frequently exceed revenue in past periods, potentially drawing down assets (e.g., 2014: Expenses $21,498, Revenue $6,804).
Strengths
The following positive indicators were identified for Sharon K Stultz Family Foundation:
- Consistent reporting of 0% officer compensation across all filings, indicating high efficiency in executive pay.
- Maintains a stable asset base (around $200,000-$300,000) despite revenue fluctuations.
- Consistent IRS 990 filing history demonstrates compliance and transparency.
Frequently Asked Questions about Sharon K Stultz Family Foundation
Is Sharon K Stultz Family Foundation a legitimate charity?
Sharon K Stultz Family Foundation (EIN: 205981135) is a registered tax-exempt nonprofit based in Kansas. Our AI analysis gives it a Mission Score of 85/100. It has 5 years of IRS 990 filings on record. Total revenue: $77K. 1 red flag identified. 3 strengths noted. Financial health grade: B.
How does Sharon K Stultz Family Foundation spend its money?
Sharon K Stultz Family Foundation directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Sharon K Stultz Family Foundation tax-deductible?
Sharon K Stultz Family Foundation is registered as a tax-exempt nonprofit (EIN: 205981135). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Sharon K Stultz Family Foundation compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Sharon K Stultz Family Foundation 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 Sharon K Stultz Family Foundation located?
Sharon K Stultz Family Foundation is headquartered in Lawrence, Kansas and files with the IRS under EIN 205981135. It is classified under NTEE code T20.
How many years of IRS 990 filings does Sharon K Stultz Family Foundation have?
Sharon K Stultz Family Foundation has 5 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 $77K in total revenue.
Is the Sharon K Stultz Family Foundation financially sustainable?
The foundation has frequently reported expenses exceeding revenue in past periods (e.g., 2014 expenses $21,498 vs. revenue $6,804), suggesting it may rely on its asset base to cover costs. The latest revenue of $77,323 is significantly higher than previous years, but without current expense data, its sustainability cannot be fully assessed.
What is the primary activity of this foundation?
Based on its NTEE code T20 (Private Grantmaking Foundations), its primary activity is likely making grants to other organizations or individuals, rather than operating direct programs.
How does the foundation manage its administrative costs?
While specific administrative cost percentages are not detailed in the provided data, the consistent reporting of 0% officer compensation strongly suggests very low administrative overhead related to executive salaries.
Filing History
IRS 990 filing history for Sharon K Stultz Family Foundation showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2011–2015), Sharon K Stultz Family Foundation's revenue has grown by 310.7%, moving from $4K to $16K. Total assets decreased by 5.1% over the same period, from $215K to $204K. Total functional expenses fell by 38.3%, from $29K to $18K. In its most recent filing year (2015), Sharon K Stultz Family Foundation reported a deficit of $2K, with expenses exceeding revenue. The organization holds $1 in liabilities against $204K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $204K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2015 | $16K | $18K | $204K | $1 | — | View 990 |
| 2014 | $7K | $21K | $206K | $36 | — | View 990 |
| 2013 | $22K | $13K | $221K | $360 | — | View 990 |
| 2012 | $10K | $13K | $212K | $59 | — | View 990 |
| 2011 | $4K | $29K | $215K | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2015: Revenue of $16K, expenses of $18K, and assets of $204K (revenue +139.1% year-over-year).
- 2014: Revenue of $7K, expenses of $21K, and assets of $206K (revenue -69.4% year-over-year).
- 2013: Revenue of $22K, expenses of $13K, and assets of $221K (revenue +128.5% year-over-year).
- 2012: Revenue of $10K, expenses of $13K, and assets of $212K (revenue +145.5% year-over-year).
- 2011: Revenue of $4K, expenses of $29K, and assets of $215K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Sharon K Stultz Family Foundation:
Data Sources and Methodology
This transparency report for Sharon K Stultz Family 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.