Silver Sage Foundation
EIN: 301031818 · Henderson, NV · NTEE: A23
| Metric | Value |
|---|---|
| Total Revenue | $213K |
| Total Expenses | $156K |
| Net Assets | $9K |
Is Silver Sage 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 Sage Foundation
Silver Sage Foundation (EIN: 301031818) is a nonprofit organization based in Henderson, NV, classified under NTEE code A23. The organization reported total revenue of $213K and total assets of $53K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Silver Sage Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Silver Sage 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 45.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $134K |
| Total Expenses | $156K |
| Surplus / Deficit | $-22,405 |
| Total Assets | $10K |
| Total Liabilities | $922 |
| Net Assets | $9K |
| Operating Margin | -16.7% |
| Debt-to-Asset Ratio | 8.9% |
| Months of Reserves | 0.8 months |
Financial Health Grade: C
In 2023, Silver Sage Foundation reported a deficit of $22K with expenses exceeding revenue, holds 0.8 months of operating reserves (limited), has a debt-to-asset ratio of 8.9% (very low leverage).
Financial Trends
Over 5 years of filings (2019–2023), Silver Sage Foundation's revenue has grown at a compound annual growth rate (CAGR) of 45.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +54.3% | +150.7% | -68.3% |
| 2022 | -18.9% | -41.2% | +309.0% |
| 2021 | +37.0% | +28.1% | -21.8% |
| 2020 | +161.7% | +306.1% | -1.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| 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 Sage 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 Sage 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 deficit of $22K, with expenses exceeding revenue.
- Debt-to-asset ratio: 8.9%.
Frequently Asked Questions about Silver Sage Foundation
Is Silver Sage Foundation a legitimate charity?
Silver Sage Foundation (EIN: 301031818) is a registered tax-exempt nonprofit based in Nevada. It has 5 years of IRS 990 filings on record. Total revenue: $213K. No red flags identified. Financial health grade: C.
How does Silver Sage Foundation spend its money?
Silver Sage Foundation reported $213K in total revenue in IRS 990 filings. 5 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Silver Sage Foundation tax-deductible?
Silver Sage Foundation is registered as a tax-exempt nonprofit (EIN: 301031818). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Silver Sage Foundation located?
Silver Sage Foundation is headquartered in Henderson, Nevada and files with the IRS under EIN 301031818. It is classified under NTEE code A23.
How many years of IRS 990 filings does Silver Sage Foundation have?
Silver Sage 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 $213K in total revenue.
Filing History
IRS 990 filing history for Silver Sage Foundation showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2019–2023), Silver Sage Foundation's revenue has grown by 348.7%, moving from $30K to $134K. Total assets decreased by 0.5% over the same period, from $10K to $10K. Total functional expenses rose by 666.9%, from $20K to $156K. In its most recent filing year (2023), Silver Sage Foundation reported a deficit of $22K, with expenses exceeding revenue. The organization holds $922 in liabilities against $10K in assets (debt-to-asset ratio: 8.9%), resulting in net assets of $9K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $134K | $156K | $10K | $922 | — | — |
| 2022 | $87K | $62K | $33K | $788 | — | View 990 |
| 2021 | $107K | $106K | $8K | $556 | — | View 990 |
| 2020 | $78K | $83K | $10K | $5K | — | View 990 |
| 2019 | $30K | $20K | $10K | $932 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $134K, expenses of $156K, and assets of $10K (revenue +54.3% year-over-year).
- 2022: Revenue of $87K, expenses of $62K, and assets of $33K (revenue -18.9% year-over-year).
- 2021: Revenue of $107K, expenses of $106K, and assets of $8K (revenue +37.0% year-over-year).
- 2020: Revenue of $78K, expenses of $83K, and assets of $10K (revenue +161.7% year-over-year).
- 2019: Revenue of $30K, expenses of $20K, and assets of $10K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Silver Sage Foundation:
Data Sources and Methodology
This transparency report for Silver Sage 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.