Silver Candlesticks Foundation
EIN: 823593700 · Wilmington, DE · NTEE: T20
| Metric | Value |
|---|---|
| Total Revenue | $773K |
| Total Expenses | $46K |
| Net Assets | $3.0M |
Is Silver Candlesticks Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Silver Candlesticks Foundation
Silver Candlesticks Foundation (EIN: 823593700) is a nonprofit organization based in Wilmington, DE, classified under NTEE code T20. The organization reported total revenue of $773K and total assets of $3.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Silver Candlesticks Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Silver Candlesticks Foundation is a small nonprofit that has been operating for 7 years, with 5 years of IRS 990 filings on record (2019–2023). Revenue has grown at a compound annual rate of 54.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $864K |
| Total Expenses | $46K |
| Surplus / Deficit | +$817K |
| Total Assets | $3.0M |
| Total Liabilities | $1 |
| Net Assets | $3.0M |
| Operating Margin | 94.6% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 787.2 months |
Financial Health Grade: A
In 2023, Silver Candlesticks Foundation reported a surplus of $817K with revenue exceeding expenses, holds 787.2 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 (2019–2023), Silver Candlesticks Foundation's revenue has grown at a compound annual growth rate (CAGR) of 54.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +106.0% | +120.8% | +36.7% |
| 2022 | -35.2% | -0.6% | +21.8% |
| 2021 | +272.9% | -90.5% | +52.1% |
| 2020 | +13.8% | +1009.4% | -3.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2019 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Silver Candlesticks 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 Silver Candlesticks 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 $817K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Silver Candlesticks Foundation
Is Silver Candlesticks Foundation a legitimate charity?
Silver Candlesticks Foundation (EIN: 823593700) is a registered tax-exempt nonprofit based in Delaware. It has 5 years of IRS 990 filings on record. Total revenue: $773K. No red flags identified. Financial health grade: A.
How does Silver Candlesticks Foundation spend its money?
Silver Candlesticks Foundation reported $773K in total revenue in IRS 990 filings. 5 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Silver Candlesticks Foundation tax-deductible?
Silver Candlesticks Foundation is registered as a tax-exempt nonprofit (EIN: 823593700). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Silver Candlesticks Foundation located?
Silver Candlesticks Foundation is headquartered in Wilmington, Delaware and files with the IRS under EIN 823593700. It is classified under NTEE code T20.
How many years of IRS 990 filings does Silver Candlesticks Foundation have?
Silver Candlesticks 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 $773K in total revenue.
Filing History
IRS 990 filing history for Silver Candlesticks Foundation showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2019–2023), Silver Candlesticks Foundation's revenue has grown by 466.2%, moving from $153K to $864K. Total assets increased by 143.4% over the same period, from $1.2M to $3.0M. Total functional expenses rose by 131%, from $20K to $46K. In its most recent filing year (2023), Silver Candlesticks Foundation reported a surplus of $817K, with revenue exceeding expenses. The organization holds $1 in liabilities against $3.0M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $3.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $864K | $46K | $3.0M | $1 | — | View 990 |
| 2022 | $419K | $21K | $2.2M | $1 | — | — |
| 2021 | $647K | $21K | $1.8M | $1 | — | View 990 |
| 2020 | $173K | $223K | $1.2M | $1 | — | — |
| 2019 | $153K | $20K | $1.2M | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $864K, expenses of $46K, and assets of $3.0M (revenue +106.0% year-over-year).
- 2022: Revenue of $419K, expenses of $21K, and assets of $2.2M (revenue -35.2% year-over-year).
- 2021: Revenue of $647K, expenses of $21K, and assets of $1.8M (revenue +272.9% year-over-year).
- 2020: Revenue of $173K, expenses of $223K, and assets of $1.2M (revenue +13.8% year-over-year).
- 2019: Revenue of $153K, expenses of $20K, and assets of $1.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Silver Candlesticks Foundation:
Data Sources and Methodology
This transparency report for Silver Candlesticks 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.