Silverleaf Foundation Inc
Silverleaf Foundation maintains strong assets and zero reported officer compensation amidst fluctuating revenues.
EIN: 134097906 · New Canaan, CT · NTEE: T20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.3M |
| Total Expenses | $401K |
| Program Spending | 85% |
| Net Assets | $3.6M |
| Transparency Score | 85/100 |
Is Silverleaf Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Silverleaf Foundation Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Silverleaf Foundation Inc
Silverleaf Foundation Inc (EIN: 134097906) is a nonprofit organization based in New Canaan, CT, classified under NTEE code T20. The organization reported total revenue of $1.3M and total assets of $3.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Silverleaf Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Silverleaf Foundation Inc is a mid-size nonprofit that has been operating for 25 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 8.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $440K |
| Total Expenses | $401K |
| Surplus / Deficit | +$39K |
| Total Assets | $3.6M |
| Total Liabilities | $1 |
| Net Assets | $3.6M |
| Operating Margin | 8.9% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 107.0 months |
Financial Health Grade: A
In 2023, Silverleaf Foundation Inc reported a surplus of $39K with revenue exceeding expenses, holds 107.0 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), Silverleaf Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 8.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +99.7% | +11.4% | +1.1% |
| 2022 | -72.3% | -2.4% | -3.8% |
| 2021 | +17.1% | +5.1% | +13.1% |
| 2020 | +198.5% | +62.1% | +11.2% |
| 2019 | +13.8% | -13.1% | -2.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2001 |
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 Silverleaf Foundation Inc 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Silverleaf Foundation Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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 $39K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Silverleaf Foundation consistently reports 0% officer compensation across all available filings, indicating that executive leadership is either entirely volunteer-based or compensated through an unstated affiliated entity, which is a positive sign for directing funds to its mission.
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 Silverleaf Foundation Inc's IRS 990 filings:
- Significant revenue fluctuations year-over-year, making financial planning potentially challenging (e.g., $794,343 in 2021 vs. $220,365 in 2022).
- Periods of deficit spending where expenses exceeded revenue (e.g., 2022: Expenses $359,860, Revenue $220,365).
Strengths
The following positive indicators were identified for Silverleaf Foundation Inc:
- Consistently low liabilities, often reported as $1, indicating strong financial solvency.
- Zero reported officer compensation across all filings, suggesting high efficiency in leadership costs.
- Strong and growing asset base, reaching $3,814,383, providing financial stability.
- Latest revenue of $1,254,134 indicates strong fundraising capacity in recent periods.
Frequently Asked Questions about Silverleaf Foundation Inc
Is Silverleaf Foundation Inc a legitimate charity?
Silverleaf Foundation Inc (EIN: 134097906) is a registered tax-exempt nonprofit based in Connecticut. Our AI analysis gives it a Mission Score of 85/100. It has 10 years of IRS 990 filings on record. Total revenue: $1.3M. 2 red flags identified. 4 strengths noted. Financial health grade: A.
How does Silverleaf Foundation Inc spend its money?
Silverleaf Foundation Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Silverleaf Foundation Inc tax-deductible?
Silverleaf Foundation Inc is registered as a tax-exempt nonprofit (EIN: 134097906). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Silverleaf Foundation Inc's spending goes to programs?
Silverleaf Foundation Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Silverleaf Foundation Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Silverleaf Foundation Inc is above average for NTEE category T20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Silverleaf Foundation Inc located?
Silverleaf Foundation Inc is headquartered in New Canaan, Connecticut and files with the IRS under EIN 134097906. It is classified under NTEE code T20.
How many years of IRS 990 filings does Silverleaf Foundation Inc have?
Silverleaf Foundation Inc 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 $1.3M in total revenue.
Is Silverleaf Foundation Inc a good charity?
Based on the available data, Silverleaf Foundation Inc appears to be a financially sound organization with strong assets ($3,814,383) and consistently low liabilities ($1). The consistent reporting of 0% officer compensation is a significant positive indicator of efficiency and dedication to its mission. While revenue fluctuates, the organization maintains a healthy balance sheet.
How does Silverleaf Foundation Inc manage its executive compensation?
Silverleaf Foundation Inc reports 0% officer compensation in all provided IRS 990 filings. This suggests that its executive leadership is either entirely volunteer-based or compensated by an external entity, which is a strong positive for donor confidence.
What is the trend in Silverleaf Foundation Inc's financial health?
The organization shows a stable financial health with growing assets, from $3,062,129 in 2011 to $3,814,383 currently. Revenue has been volatile, but expenses have generally been managed to maintain a strong asset base and minimal liabilities.
Filing History
IRS 990 filing history for Silverleaf Foundation Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Silverleaf Foundation Inc's revenue has grown by 154.2%, moving from $173K to $440K. Total assets increased by 16.7% over the same period, from $3.1M to $3.6M. Total functional expenses rose by 1.7%, from $394K to $401K. In its most recent filing year (2023), Silverleaf Foundation Inc reported a surplus of $39K, with revenue exceeding expenses. The organization holds $1 in liabilities against $3.6M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $3.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $440K | $401K | $3.6M | $1 | — | View 990 |
| 2022 | $220K | $360K | $3.5M | $1 | — | — |
| 2021 | $794K | $369K | $3.7M | $1 | — | View 990 |
| 2020 | $678K | $351K | $3.2M | $1 | — | View 990 |
| 2019 | $227K | $217K | $2.9M | $1 | — | View 990 |
| 2015 | $200K | $249K | $3.0M | $0 | — | View 990 |
| 2014 | $201K | $250K | $3.0M | $0 | — | View 990 |
| 2013 | $176K | $175K | $3.1M | $0 | — | View 990 |
| 2012 | $204K | $171K | $3.1M | $0 | — | View 990 |
| 2011 | $173K | $394K | $3.1M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $440K, expenses of $401K, and assets of $3.6M (revenue +99.7% year-over-year).
- 2022: Revenue of $220K, expenses of $360K, and assets of $3.5M (revenue -72.3% year-over-year).
- 2021: Revenue of $794K, expenses of $369K, and assets of $3.7M (revenue +17.1% year-over-year).
- 2020: Revenue of $678K, expenses of $351K, and assets of $3.2M (revenue +198.5% year-over-year).
- 2019: Revenue of $227K, expenses of $217K, and assets of $2.9M (revenue +13.8% year-over-year).
- 2015: Revenue of $200K, expenses of $249K, and assets of $3.0M (revenue -0.5% year-over-year).
- 2014: Revenue of $201K, expenses of $250K, and assets of $3.0M (revenue +13.9% year-over-year).
- 2013: Revenue of $176K, expenses of $175K, and assets of $3.1M (revenue -13.7% year-over-year).
- 2012: Revenue of $204K, expenses of $171K, and assets of $3.1M (revenue +17.9% year-over-year).
- 2011: Revenue of $173K, expenses of $394K, and assets of $3.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Silverleaf Foundation Inc:
Data Sources and Methodology
This transparency report for Silverleaf 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.