Sigep Lead Fund
EIN: 462360689 · Richmond, VA · NTEE: B82
| Metric | Value |
|---|---|
| Total Revenue | $3.4M |
| Total Expenses | $1.6M |
| Net Assets | $377K |
Is Sigep Lead Fund Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Sigep Lead Fund
Sigep Lead Fund (EIN: 462360689) is a nonprofit organization based in Richmond, VA, classified under NTEE code B82. The organization reported total revenue of $3.4M and total assets of $705K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Sigep Lead Fund's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Sigep Lead Fund is a mid-size nonprofit that has been operating for 13 years, with 10 years of IRS 990 filings on record (2014–2023). Revenue has grown at a compound annual rate of -3.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.6M |
| Total Expenses | $1.6M |
| Surplus / Deficit | +$0 |
| Total Assets | $1.3M |
| Total Liabilities | $924K |
| Net Assets | $377K |
| Operating Margin | 0.0% |
| Debt-to-Asset Ratio | 71.0% |
| Months of Reserves | 9.6 months |
Financial Health Grade: B
In 2023, Sigep Lead Fund reported a surplus of $0 with revenue exceeding expenses, holds 9.6 months of operating reserves (strong position), has a debt-to-asset ratio of 71.0% (high leverage).
Financial Trends
Over 10 years of filings (2014–2023), Sigep Lead Fund's revenue has declined at a compound annual growth rate (CAGR) of -3.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -25.0% | -25.0% | +93.6% |
| 2022 | +218.2% | +218.2% | -41.5% |
| 2021 | -76.2% | -71.0% | +71.7% |
| 2020 | -11.1% | +49.1% | -59.0% |
| 2019 | +38.6% | -39.6% | +17.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2013 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Sigep Lead Fund 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 Sigep Lead Fund 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 $0, with revenue exceeding expenses.
- Debt-to-asset ratio: 71.0%.
Frequently Asked Questions about Sigep Lead Fund
Is Sigep Lead Fund a legitimate charity?
Based on AI analysis of IRS 990 filings, Sigep Lead Fund (EIN: 462360689) insufficient data. 0 red flags identified, 0 strengths noted.
How does Sigep Lead Fund spend its money?
Detailed spending breakdown data is not yet available for Sigep Lead Fund. Check back for updated IRS 990 analysis.
Are donations to Sigep Lead Fund tax-deductible?
Sigep Lead Fund is registered as a tax-exempt nonprofit (EIN: 462360689). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Sigep Lead Fund located?
Sigep Lead Fund is headquartered in Richmond, Virginia and files with the IRS under EIN 462360689. It is classified under NTEE code B82.
How many years of IRS 990 filings does Sigep Lead Fund have?
Sigep Lead Fund 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 $3.4M in total revenue.
Filing History
IRS 990 filing history for Sigep Lead Fund showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2014–2023), Sigep Lead Fund's revenue has declined by 28.4%, moving from $2.3M to $1.6M. Total assets increased by 979.9% over the same period, from $120K to $1.3M. Total functional expenses fell by 38%, from $2.6M to $1.6M. In its most recent filing year (2023), Sigep Lead Fund reported a surplus of $0, with revenue exceeding expenses. The organization holds $924K in liabilities against $1.3M in assets (debt-to-asset ratio: 71.0%), resulting in net assets of $377K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.6M | $1.6M | $1.3M | $924K | — | View 990 |
| 2022 | $2.2M | $2.2M | $672K | $295K | — | View 990 |
| 2021 | $680K | $680K | $1.1M | $772K | — | — |
| 2020 | $2.9M | $2.3M | $669K | $292K | — | View 990 |
| 2019 | $3.2M | $1.6M | $1.6M | $1.8M | — | View 990 |
| 2018 | $2.3M | $2.6M | $1.4M | $3.2M | — | View 990 |
| 2017 | $1.5M | $1.7M | $1.1M | $2.6M | — | View 990 |
| 2016 | $2.4M | $3.1M | $1.3M | $2.6M | — | View 990 |
| 2015 | $1.5M | $1.8M | $457K | $1.1M | — | View 990 |
| 2014 | $2.3M | $2.6M | $120K | $471K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.6M, expenses of $1.6M, and assets of $1.3M (revenue -25.0% year-over-year).
- 2022: Revenue of $2.2M, expenses of $2.2M, and assets of $672K (revenue +218.2% year-over-year).
- 2021: Revenue of $680K, expenses of $680K, and assets of $1.1M (revenue -76.2% year-over-year).
- 2020: Revenue of $2.9M, expenses of $2.3M, and assets of $669K (revenue -11.1% year-over-year).
- 2019: Revenue of $3.2M, expenses of $1.6M, and assets of $1.6M (revenue +38.6% year-over-year).
- 2018: Revenue of $2.3M, expenses of $2.6M, and assets of $1.4M (revenue +50.7% year-over-year).
- 2017: Revenue of $1.5M, expenses of $1.7M, and assets of $1.1M (revenue -36.1% year-over-year).
- 2016: Revenue of $2.4M, expenses of $3.1M, and assets of $1.3M (revenue +59.6% year-over-year).
- 2015: Revenue of $1.5M, expenses of $1.8M, and assets of $457K (revenue -33.4% year-over-year).
- 2014: Revenue of $2.3M, expenses of $2.6M, and assets of $120K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Sigep Lead Fund:
Data Sources and Methodology
This transparency report for Sigep Lead Fund 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.