Simmons Family Foundation
EIN: 475605864 · Owasso, OK · NTEE: T22
| Metric | Value |
|---|---|
| Total Revenue | $114K |
| Total Expenses | $145K |
| Net Assets | $11K |
Is Simmons Family Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Simmons Family Foundation
Simmons Family Foundation (EIN: 475605864) is a nonprofit organization based in Owasso, OK, classified under NTEE code T22. The organization reported total revenue of $114K and total assets of $25K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Simmons Family Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Simmons Family Foundation is a small nonprofit that has been operating for 10 years, with 6 years of IRS 990 filings on record (2015–2023). Revenue has grown at a compound annual rate of 336.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $132K |
| Total Expenses | $145K |
| Surplus / Deficit | $-13,485 |
| Total Assets | $11K |
| Total Liabilities | $1 |
| Net Assets | $11K |
| Operating Margin | -10.2% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 0.9 months |
Financial Health Grade: C
In 2023, Simmons Family Foundation reported a deficit of $13K with expenses exceeding revenue, holds 0.9 months of operating reserves (limited), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 6 years of filings (2015–2023), Simmons Family Foundation's revenue has grown at a compound annual growth rate (CAGR) of 336.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +997.5% | +4458.5% | -55.7% |
| 2022 | +0.0% | +1267.0% | +57.2% |
| 2021 | -77.1% | -99.5% | +322.7% |
| 2020 | +647.1% | +145.8% | +1542.3% |
| 2019 | +699900.0% | — | +22100.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1257 |
| IRS Ruling Date | 2016 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Simmons Family 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 Simmons Family 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 $13K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Simmons Family Foundation
Is Simmons Family Foundation a legitimate charity?
Simmons Family Foundation (EIN: 475605864) is a registered tax-exempt nonprofit based in Oklahoma. It has 6 years of IRS 990 filings on record. Total revenue: $114K. No red flags identified. Financial health grade: C.
How does Simmons Family Foundation spend its money?
Simmons Family Foundation reported $114K in total revenue in IRS 990 filings. 6 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Simmons Family Foundation tax-deductible?
Simmons Family Foundation is registered as a tax-exempt nonprofit (EIN: 475605864). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Simmons Family Foundation located?
Simmons Family Foundation is headquartered in Owasso, Oklahoma and files with the IRS under EIN 475605864. It is classified under NTEE code T22.
How many years of IRS 990 filings does Simmons Family Foundation have?
Simmons Family Foundation has 6 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 $114K in total revenue.
Filing History
IRS 990 filing history for Simmons Family Foundation showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2015–2023), Simmons Family Foundation's revenue has grown by 13170100%, moving from $1 to $132K. Total assets increased by 1074200% over the same period, from $1 to $11K. In its most recent filing year (2023), Simmons Family Foundation reported a deficit of $13K, with expenses exceeding revenue. The organization holds $1 in liabilities against $11K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $11K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $132K | $145K | $11K | $1 | — | View 990 |
| 2022 | $12K | $3K | $24K | $1 | — | View 990 |
| 2021 | $12K | $233 | $15K | $1 | — | View 990 |
| 2020 | $52K | $49K | $4K | $1 | — | — |
| 2019 | $7K | $20K | $222 | $1 | — | View 990 |
| 2015 | $1 | $0 | $1 | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $132K, expenses of $145K, and assets of $11K (revenue +997.5% year-over-year).
- 2022: Revenue of $12K, expenses of $3K, and assets of $24K (revenue +0.0% year-over-year).
- 2021: Revenue of $12K, expenses of $233, and assets of $15K (revenue -77.1% year-over-year).
- 2020: Revenue of $52K, expenses of $49K, and assets of $4K (revenue +647.1% year-over-year).
- 2019: Revenue of $7K, expenses of $20K, and assets of $222 (revenue +699900.0% year-over-year).
- 2015: Revenue of $1, expenses of $0, and assets of $1.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Simmons Family Foundation:
Data Sources and Methodology
This transparency report for Simmons Family 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.