Simons Fund
Simons Fund shows consistent revenue growth and no reported officer compensation in recent filings.
EIN: 202771448 · Conshohocken, PA · NTEE: H11 · Updated: 2026-03-28
Is Simons Fund Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Simons Fund directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Simons Fund
Simons Fund (EIN: 202771448) is a nonprofit organization based in Conshohocken, PA, classified under NTEE code H11. The organization reported total revenue of $1.1M and total assets of $480K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Simons Fund's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Simons Fund is a mid-size nonprofit that has been operating for 21 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 16.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $792K |
| Total Expenses | $725K |
| Surplus / Deficit | +$67K |
| Total Assets | $664K |
| Total Liabilities | $118K |
| Net Assets | $545K |
| Operating Margin | 8.5% |
| Debt-to-Asset Ratio | 17.8% |
| Months of Reserves | 11.0 months |
Financial Health Grade: A
In 2023, Simons Fund reported a surplus of $67K with revenue exceeding expenses, holds 11.0 months of operating reserves (strong position), has a debt-to-asset ratio of 17.8% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Simons Fund's revenue has grown at a compound annual growth rate (CAGR) of 16.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +43.5% | +50.4% | +15.1% |
| 2022 | +74.0% | +44.7% | +21.9% |
| 2021 | -19.3% | -10.7% | +15.3% |
| 2020 | +13.7% | -12.7% | +3.8% |
| 2019 | -11.5% | +8.2% | -13.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2005 |
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 Simons Fund with a Mission Score of 88 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, Simons Fund 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 $67K, with revenue exceeding expenses.
- Debt-to-asset ratio: 17.8%.
Executive Compensation Analysis
Simons Fund reported 0% officer compensation across all provided filing periods, which is highly unusual for an organization of its size with growing revenue. This suggests either a fully volunteer-led executive team or compensation structured in a way not categorized as officer compensation, which enhances the perception of efficient resource allocation.
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 Simons Fund's IRS 990 filings:
- Lack of detailed expense breakdown (program, admin, fundraising) in provided data makes precise efficiency analysis challenging.
Strengths
The following positive indicators were identified for Simons Fund:
- Consistent revenue growth, from $232,313 in 201406 to $792,383 in 202306.
- Strong asset growth, reaching $663,582 in 202306.
- No reported officer compensation across all filing periods, indicating potential for high program efficiency.
- Positive net income in most recent periods (e.g., $792,383 revenue vs. $724,994 expenses in 202306).
- Low liabilities relative to assets, indicating strong financial health.
Frequently Asked Questions about Simons Fund
Is Simons Fund a legitimate charity?
Based on AI analysis of IRS 990 filings, Simons Fund (EIN: 202771448) some concerns. Mission Score: 88/100. 1 red flag identified, 5 strengths noted.
How does Simons Fund spend its money?
Simons Fund directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Simons Fund tax-deductible?
Simons Fund is registered as a tax-exempt nonprofit (EIN: 202771448). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Simons Fund a good charity?
Based on the provided financial data, Simons Fund appears to be a well-managed charity with consistent revenue growth, increasing assets, and a strong financial position. The absence of reported officer compensation is a notable positive indicator of efficient resource use.
How has Simons Fund's revenue changed over time?
Simons Fund has shown significant revenue growth, increasing from $232,313 in 201406 to $792,383 in 202306, with a notable jump in the last two periods.
What is Simons Fund's financial stability?
The organization demonstrates strong financial stability, with assets consistently exceeding liabilities (e.g., $663,582 in assets vs. $118,342 in liabilities in 202306) and a history of positive net income in most recent years.
Does Simons Fund pay its officers?
According to the provided IRS 990 data, Simons Fund reported 0% officer compensation for all listed filing periods, suggesting that officers are either unpaid volunteers or compensated through other means not classified as officer compensation.
Filing History
IRS 990 filing history for Simons Fund showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Simons Fund's revenue has grown by 526.3%, moving from $127K to $792K. Total assets increased by 66.6% over the same period, from $398K to $664K. Total functional expenses rose by 310.9%, from $176K to $725K. In its most recent filing year (2023), Simons Fund reported a surplus of $67K, with revenue exceeding expenses. The organization holds $118K in liabilities against $664K in assets (debt-to-asset ratio: 17.8%), resulting in net assets of $545K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $792K | $725K | $664K | $118K | — | View 990 |
| 2022 | $552K | $482K | $577K | $99K | — | View 990 |
| 2021 | $317K | $333K | $473K | $66K | — | View 990 |
| 2020 | $393K | $373K | $410K | $49K | — | View 990 |
| 2019 | $346K | $427K | $395K | $54K | — | View 990 |
| 2018 | $391K | $395K | $458K | $36K | — | View 990 |
| 2017 | $326K | $321K | $472K | $46K | — | View 990 |
| 2016 | $304K | $249K | $466K | $44K | — | View 990 |
| 2015 | $441K | $278K | $398K | $31K | — | View 990 |
| 2014 | $232K | $292K | $257K | $53K | — | View 990 |
| 2013 | $192K | $305K | $323K | $59K | — | View 990 |
| 2012 | $112K | $71K | $431K | $54K | — | View 990 |
| 2011 | $127K | $176K | $398K | $62K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $792K, expenses of $725K, and assets of $664K (revenue +43.5% year-over-year).
- 2022: Revenue of $552K, expenses of $482K, and assets of $577K (revenue +74.0% year-over-year).
- 2021: Revenue of $317K, expenses of $333K, and assets of $473K (revenue -19.3% year-over-year).
- 2020: Revenue of $393K, expenses of $373K, and assets of $410K (revenue +13.7% year-over-year).
- 2019: Revenue of $346K, expenses of $427K, and assets of $395K (revenue -11.5% year-over-year).
- 2018: Revenue of $391K, expenses of $395K, and assets of $458K (revenue +20.0% year-over-year).
- 2017: Revenue of $326K, expenses of $321K, and assets of $472K (revenue +7.1% year-over-year).
- 2016: Revenue of $304K, expenses of $249K, and assets of $466K (revenue -31.2% year-over-year).
- 2015: Revenue of $441K, expenses of $278K, and assets of $398K (revenue +90.0% year-over-year).
- 2014: Revenue of $232K, expenses of $292K, and assets of $257K (revenue +20.7% year-over-year).
- 2013: Revenue of $192K, expenses of $305K, and assets of $323K (revenue +72.2% year-over-year).
- 2012: Revenue of $112K, expenses of $71K, and assets of $431K (revenue -11.6% year-over-year).
- 2011: Revenue of $127K, expenses of $176K, and assets of $398K.
Data Sources and Methodology
This transparency report for Simons Fund 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.