Signature Foundation Inc
EIN: 842314638 · Louisville, KY · NTEE: E99
| Metric | Value |
|---|---|
| Total Revenue | $504K |
| Total Expenses | $242K |
| Net Assets | $542K |
Is Signature Foundation Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Signature Foundation Inc
Signature Foundation Inc (EIN: 842314638) is a nonprofit organization based in Louisville, KY, classified under NTEE code E99. The organization reported total revenue of $504K and total assets of $634K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Signature Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Signature Foundation Inc is a small nonprofit that has been operating for 6 years, with 4 years of IRS 990 filings on record (2020–2023). Revenue has grown at a compound annual rate of -5.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $341K |
| Total Expenses | $242K |
| Surplus / Deficit | +$99K |
| Total Assets | $554K |
| Total Liabilities | $12K |
| Net Assets | $542K |
| Operating Margin | 29.0% |
| Debt-to-Asset Ratio | 2.1% |
| Months of Reserves | 27.4 months |
Financial Health Grade: A
In 2023, Signature Foundation Inc reported a surplus of $99K with revenue exceeding expenses, holds 27.4 months of operating reserves (strong position), has a debt-to-asset ratio of 2.1% (very low leverage).
Financial Trends
Over 4 years of filings (2020–2023), Signature Foundation Inc's revenue has declined at a compound annual growth rate (CAGR) of -5.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -20.3% | -47.7% | +6.8% |
| 2022 | -21.1% | +9.9% | -13.1% |
| 2021 | +34.7% | +112.3% | +37.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2020 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Signature Foundation Inc 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 Signature Foundation Inc 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 $99K, with revenue exceeding expenses.
- Debt-to-asset ratio: 2.1%.
Frequently Asked Questions about Signature Foundation Inc
Is Signature Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Signature Foundation Inc (EIN: 842314638) insufficient data. 0 red flags identified, 0 strengths noted.
How does Signature Foundation Inc spend its money?
Detailed spending breakdown data is not yet available for Signature Foundation Inc. Check back for updated IRS 990 analysis.
Are donations to Signature Foundation Inc tax-deductible?
Signature Foundation Inc is registered as a tax-exempt nonprofit (EIN: 842314638). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Signature Foundation Inc located?
Signature Foundation Inc is headquartered in Louisville, Kentucky and files with the IRS under EIN 842314638. It is classified under NTEE code E99.
How many years of IRS 990 filings does Signature Foundation Inc have?
Signature Foundation Inc has 4 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $504K in total revenue.
Filing History
IRS 990 filing history for Signature Foundation Inc showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2020–2023), Signature Foundation Inc's revenue has declined by 15.3%, moving from $403K to $341K. Total assets increased by 27.9% over the same period, from $433K to $554K. Total functional expenses rose by 22%, from $199K to $242K. In its most recent filing year (2023), Signature Foundation Inc reported a surplus of $99K, with revenue exceeding expenses. The organization holds $12K in liabilities against $554K in assets (debt-to-asset ratio: 2.1%), resulting in net assets of $542K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $341K | $242K | $554K | $12K | — | — |
| 2022 | $428K | $464K | $519K | $76K | — | View 990 |
| 2021 | $542K | $422K | $597K | $118K | — | View 990 |
| 2020 | $403K | $199K | $433K | $75K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $341K, expenses of $242K, and assets of $554K (revenue -20.3% year-over-year).
- 2022: Revenue of $428K, expenses of $464K, and assets of $519K (revenue -21.1% year-over-year).
- 2021: Revenue of $542K, expenses of $422K, and assets of $597K (revenue +34.7% year-over-year).
- 2020: Revenue of $403K, expenses of $199K, and assets of $433K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Signature Foundation Inc:
Data Sources and Methodology
This transparency report for Signature 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.