Sir Philip Sydney Foundation
EIN: 510398390 · Wilmington, DE · NTEE: T22
| Metric | Value |
|---|---|
| Total Revenue | $40K |
| Total Expenses | $17K |
| Net Assets | $33K |
Is Sir Philip Sydney Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Sir Philip Sydney Foundation
Sir Philip Sydney Foundation (EIN: 510398390) is a nonprofit organization based in Wilmington, DE, classified under NTEE code T22. The organization reported total revenue of $40K and total assets of $41K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Sir Philip Sydney Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Sir Philip Sydney Foundation is a micro nonprofit that has been operating for 26 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 80.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $50K |
| Total Expenses | $17K |
| Surplus / Deficit | +$33K |
| Total Assets | $33K |
| Total Liabilities | $1 |
| Net Assets | $33K |
| Operating Margin | 66.9% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 24.3 months |
Financial Health Grade: A
In 2023, Sir Philip Sydney Foundation reported a surplus of $33K with revenue exceeding expenses, holds 24.3 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), Sir Philip Sydney Foundation's revenue has grown at a compound annual growth rate (CAGR) of 80.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +150.0% | -72.0% | +3347200.0% |
| 2022 | -60.0% | +42.2% | -100.0% |
| 2021 | -50.0% | -52.9% | +27.7% |
| 2020 | +526242.1% | +78.0% | +62.7% |
| 2019 | -100.0% | -65.0% | -72.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2000 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Sir Philip Sydney 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 Sir Philip Sydney 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 surplus of $33K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Sir Philip Sydney Foundation
Is Sir Philip Sydney Foundation a legitimate charity?
Sir Philip Sydney Foundation (EIN: 510398390) is a registered tax-exempt nonprofit based in Delaware. It has 10 years of IRS 990 filings on record. Total revenue: $40K. No red flags identified. Financial health grade: A.
How does Sir Philip Sydney Foundation spend its money?
Sir Philip Sydney Foundation reported $40K in total revenue in IRS 990 filings. 10 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Sir Philip Sydney Foundation tax-deductible?
Sir Philip Sydney Foundation is registered as a tax-exempt nonprofit (EIN: 510398390). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Sir Philip Sydney Foundation located?
Sir Philip Sydney Foundation is headquartered in Wilmington, Delaware and files with the IRS under EIN 510398390. It is classified under NTEE code T22.
How many years of IRS 990 filings does Sir Philip Sydney Foundation have?
Sir Philip Sydney 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 $40K in total revenue.
Filing History
IRS 990 filing history for Sir Philip Sydney Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Sir Philip Sydney Foundation's revenue has grown by 118947.6%, moving from $42 to $50K. Total assets decreased by 44.5% over the same period, from $60K to $33K. Total functional expenses fell by 28.3%, from $23K to $17K. In its most recent filing year (2023), Sir Philip Sydney Foundation reported a surplus of $33K, with revenue exceeding expenses. The organization holds $1 in liabilities against $33K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $33K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $50K | $17K | $33K | $1 | — | — |
| 2022 | $20K | $59K | $1 | $1 | — | View 990 |
| 2021 | $50K | $42K | $39K | $1 | — | — |
| 2020 | $100K | $88K | $31K | $1 | — | — |
| 2019 | $19 | $50K | $19K | $1 | — | View 990 |
| 2015 | $200K | $141K | $67K | $0 | — | View 990 |
| 2014 | $5 | $3K | $9K | $0 | — | View 990 |
| 2013 | $18 | $23K | $11K | $0 | — | View 990 |
| 2012 | $6 | $26K | $34K | $0 | — | View 990 |
| 2011 | $42 | $23K | $60K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $50K, expenses of $17K, and assets of $33K (revenue +150.0% year-over-year).
- 2022: Revenue of $20K, expenses of $59K, and assets of $1 (revenue -60.0% year-over-year).
- 2021: Revenue of $50K, expenses of $42K, and assets of $39K (revenue -50.0% year-over-year).
- 2020: Revenue of $100K, expenses of $88K, and assets of $31K (revenue +526242.1% year-over-year).
- 2019: Revenue of $19, expenses of $50K, and assets of $19K (revenue -100.0% year-over-year).
- 2015: Revenue of $200K, expenses of $141K, and assets of $67K (revenue +4002160.0% year-over-year).
- 2014: Revenue of $5, expenses of $3K, and assets of $9K (revenue -72.2% year-over-year).
- 2013: Revenue of $18, expenses of $23K, and assets of $11K (revenue +200.0% year-over-year).
- 2012: Revenue of $6, expenses of $26K, and assets of $34K (revenue -85.7% year-over-year).
- 2011: Revenue of $42, expenses of $23K, and assets of $60K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Sir Philip Sydney Foundation:
Data Sources and Methodology
This transparency report for Sir Philip Sydney 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.