Silver Foundation
Silver Foundation consistently grows assets with zero reported officer compensation over a decade.
EIN: 200511961 · Omaha, NE · NTEE: T22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $442K |
| Total Expenses | $134K |
| Program Spending | 80% |
| Net Assets | $1.7M |
| Transparency Score | 85/100 |
Is Silver Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Silver Foundation directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Silver Foundation
Silver Foundation (EIN: 200511961) is a nonprofit organization based in Omaha, NE, classified under NTEE code T22. The organization reported total revenue of $442K and total assets of $1.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Silver Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Silver Foundation is a small nonprofit that has been operating for 22 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 9.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $169K |
| Total Expenses | $134K |
| Surplus / Deficit | +$35K |
| Total Assets | $1.7M |
| Total Liabilities | $644 |
| Net Assets | $1.7M |
| Operating Margin | 20.8% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 150.1 months |
Financial Health Grade: A
In 2023, Silver Foundation reported a surplus of $35K with revenue exceeding expenses, holds 150.1 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Silver Foundation's revenue has grown at a compound annual growth rate (CAGR) of 9.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +12.3% | +3.3% | +2.1% |
| 2022 | -42.7% | +35.4% | +1.3% |
| 2021 | +166.4% | -7.9% | +11.4% |
| 2020 | -23.7% | +49.3% | -0.4% |
| 2019 | +53.7% | +8.4% | +16.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2004 |
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 Silver 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Silver Foundation allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $35K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
The Silver Foundation consistently reports 0% officer compensation across all available filings, indicating that no salaries are paid to its officers, which is highly unusual for an organization of its size and longevity, suggesting a volunteer-led or very lean operational model.
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 Silver Foundation's IRS 990 filings:
- Lack of detailed functional expense breakdown in provided data makes precise efficiency assessment difficult.
Strengths
The following positive indicators were identified for Silver Foundation:
- Consistent asset growth, increasing from $1,109,371 in 2011 to $1,677,011 in 2023.
- Zero reported officer compensation across all filings, indicating a highly efficient or volunteer-driven leadership.
- Consistent financial surpluses, with expenses generally lower than revenue (e.g., 2023: Revenue $169,141, Expenses $134,038).
- Very low and stable liabilities ($644 across all reported periods), indicating minimal debt.
- Long history of IRS 990 filings (10 filings), demonstrating consistent transparency.
Frequently Asked Questions about Silver Foundation
Is Silver Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Silver Foundation (EIN: 200511961) some concerns. Mission Score: 85/100. 1 red flag identified, 5 strengths noted.
How does Silver Foundation spend its money?
Silver Foundation directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Silver Foundation tax-deductible?
Silver Foundation is registered as a tax-exempt nonprofit (EIN: 200511961). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Silver Foundation's spending goes to programs?
Silver Foundation directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Silver Foundation compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Silver Foundation is above average for NTEE category T22 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Silver Foundation located?
Silver Foundation is headquartered in Omaha, Nebraska and files with the IRS under EIN 200511961. It is classified under NTEE code T22.
How many years of IRS 990 filings does Silver Foundation have?
Silver Foundation 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 $442K in total revenue.
Is Silver Foundation a good charity?
Based on its financial data, Silver Foundation appears to be a well-managed charity with consistent asset growth and a history of spending less than its revenue. The absence of officer compensation is a significant positive indicator for donors.
How has Silver Foundation's financial health changed over time?
The organization's assets have steadily grown from $1,109,371 in 2011 to $1,677,011 in 2023, demonstrating consistent financial growth and stability. Revenue and expenses have fluctuated but generally show a surplus.
What is the trend in Silver Foundation's revenue?
Revenue has shown variability but an overall upward trend, with the latest reported revenue at $169,141 in 2023, and a peak of $262,770 in 2021, indicating a capacity to attract significant funding.
Filing History
IRS 990 filing history for Silver Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Silver Foundation's revenue has grown by 199.4%, moving from $56K to $169K. Total assets increased by 51.2% over the same period, from $1.1M to $1.7M. Total functional expenses rose by 145.3%, from $55K to $134K. In its most recent filing year (2023), Silver Foundation reported a surplus of $35K, with revenue exceeding expenses. The organization holds $644 in liabilities against $1.7M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $1.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $169K | $134K | $1.7M | $644 | — | — |
| 2022 | $151K | $130K | $1.6M | $644 | — | View 990 |
| 2021 | $263K | $96K | $1.6M | $644 | — | — |
| 2020 | $99K | $104K | $1.5M | $644 | — | — |
| 2019 | $129K | $70K | $1.5M | $644 | — | — |
| 2015 | $84K | $64K | $1.2M | $644 | — | View 990 |
| 2014 | $74K | $68K | $1.2M | $644 | — | View 990 |
| 2013 | $176K | $59K | $1.2M | $644 | — | View 990 |
| 2012 | $55K | $59K | $1.1M | $644 | — | View 990 |
| 2011 | $56K | $55K | $1.1M | $644 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $169K, expenses of $134K, and assets of $1.7M (revenue +12.3% year-over-year).
- 2022: Revenue of $151K, expenses of $130K, and assets of $1.6M (revenue -42.7% year-over-year).
- 2021: Revenue of $263K, expenses of $96K, and assets of $1.6M (revenue +166.4% year-over-year).
- 2020: Revenue of $99K, expenses of $104K, and assets of $1.5M (revenue -23.7% year-over-year).
- 2019: Revenue of $129K, expenses of $70K, and assets of $1.5M (revenue +53.7% year-over-year).
- 2015: Revenue of $84K, expenses of $64K, and assets of $1.2M (revenue +13.0% year-over-year).
- 2014: Revenue of $74K, expenses of $68K, and assets of $1.2M (revenue -57.7% year-over-year).
- 2013: Revenue of $176K, expenses of $59K, and assets of $1.2M (revenue +217.8% year-over-year).
- 2012: Revenue of $55K, expenses of $59K, and assets of $1.1M (revenue -2.0% year-over-year).
- 2011: Revenue of $56K, expenses of $55K, and assets of $1.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Silver Foundation:
Data Sources and Methodology
This transparency report for Silver 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.