Sikeston Public Schools Foundation

Is Sikeston Public Schools Foundation Legit?

Appears Legitimate

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Sikeston Public Schools Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Sikeston Public Schools Foundation

Sikeston Public Schools Foundation (EIN: 203103756) is a nonprofit organization based in Sikeston, MO, classified under NTEE code B11. The organization reported total revenue of $1.3M and total assets of $3.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Sikeston Public Schools Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Sikeston Public Schools Foundation with a Mission Score of 95 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, Sikeston Public Schools 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.

Executive Compensation Analysis

Executive compensation is consistently reported as 0% across all available filings, indicating that no officers receive salaries from the organization. This is highly favorable, as it means all operational expenses are directed towards administrative or program-related costs, maximizing the impact of donations for an organization of its size with assets over $2 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.

Strengths

The following positive indicators were identified for Sikeston Public Schools Foundation:

• Consistent asset growth, from $148,599 in 2016 to $2,267,094 in 2023.
• Zero officer compensation reported across all filings, indicating high efficiency and dedication to mission.
• Low liabilities relative to assets, suggesting strong financial management.
• Positive net revenue in most years, contributing to asset accumulation.
• Clear focus on program delivery given the absence of executive compensation.

Frequently Asked Questions about Sikeston Public Schools Foundation

Filing History

IRS 990 filing history for Sikeston Public Schools Foundation showing financial trends over 12 years of public records:

Over 12 years of IRS 990 filings (2011–2023), Sikeston Public Schools Foundation's revenue has grown by 106%, moving from $117K to $242K. Total assets increased by 1766.2% over the same period, from $121K to $2.3M. Total functional expenses rose by 32.5%, from $116K to $154K. In its most recent filing year (2023), Sikeston Public Schools Foundation reported a surplus of $88K, with revenue exceeding expenses. The organization holds $765 in liabilities against $2.3M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $2.3M.

Year-by-Year Financial Summary

• 2023: Revenue of $242K, expenses of $154K, and assets of $2.3M (revenue +35.7% year-over-year).
• 2022: Revenue of $178K, expenses of $96K, and assets of $2.2M (revenue +33.2% year-over-year).
• 2021: Revenue of $134K, expenses of $63K, and assets of $2.1M (revenue -23.0% year-over-year).
• 2020: Revenue of $174K, expenses of $133K, and assets of $2.0M (revenue +21.0% year-over-year).
• 2019: Revenue of $144K, expenses of $99K, and assets of $2.0M (revenue -92.2% year-over-year).
• 2018: Revenue of $1.8M, expenses of $81K, and assets of $1.9M (revenue +1624.4% year-over-year).
• 2017: Revenue of $107K, expenses of $80K, and assets of $175K (revenue +79.1% year-over-year).
• 2016: Revenue of $60K, expenses of $102K, and assets of $149K (revenue -22.7% year-over-year).
• 2015: Revenue of $77K, expenses of $138K, and assets of $191K (revenue -20.1% year-over-year).
• 2014: Revenue of $97K, expenses of $71K, and assets of $251K (revenue -46.9% year-over-year).
• 2012: Revenue of $182K, expenses of $109K, and assets of $195K (revenue +55.4% year-over-year).
• 2011: Revenue of $117K, expenses of $116K, and assets of $121K.

Data Sources and Methodology

This transparency report for Sikeston Public Schools 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.