Sky Spirit Foundation
Sky Spirit Foundation reports minimal financial activity with zero revenue and assets in its latest period, following a single year of $5,000 in revenue and expenses.
EIN: 141857821 · Anchorage, AK · NTEE: P20 · Updated: 2026-03-28
Is Sky Spirit Foundation Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Sky Spirit Foundation directs 100% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Sky Spirit Foundation
Sky Spirit Foundation (EIN: 141857821) is a nonprofit organization based in Anchorage, AK, classified under NTEE code P20. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Sky Spirit Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Sky Spirit Foundation is a micro nonprofit that has been operating for 23 years, with 2 years of IRS 990 filings on record (2013–2015).
Key Financial Metrics (2015)
From the most recent IRS 990 filing on record:
| Total Revenue | $5K |
| Total Expenses | $5K |
| Surplus / Deficit | +$0 |
| Total Assets | $432 |
| Net Assets | $432 |
| Operating Margin | 0.0% |
| Months of Reserves | 1.0 months |
Financial Health Grade: B
In 2015, Sky Spirit Foundation reported a surplus of $0 with revenue exceeding expenses, holds 1.0 months of operating reserves (limited).
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2003 |
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 Sky Spirit Foundation with a Mission Score of 40 out of 100 (Fair). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 0%
- programs: 100%
- fundraising: 0%
According to IRS 990 filings, Sky Spirit Foundation allocates its expenses as follows: admin: 0%, programs: 100%, fundraising: 0%. With 100% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2015)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $0, with revenue exceeding expenses.
Executive Compensation Analysis
The organization reported 0% officer compensation in both available filings, indicating no salaries were paid to officers, which is typical for very small or volunteer-run entities.
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 Sky Spirit Foundation's IRS 990 filings:
- Zero revenue and assets in latest filing, indicating potential inactivity or lack of operations.
- Extremely low financial activity overall, making it difficult to assess impact or sustainability.
Strengths
The following positive indicators were identified for Sky Spirit Foundation:
- No reported officer compensation, suggesting volunteer efforts or efficient use of limited funds.
- No reported liabilities, indicating no outstanding debt.
Frequently Asked Questions about Sky Spirit Foundation
Is Sky Spirit Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Sky Spirit Foundation (EIN: 141857821) significant concerns. Mission Score: 40/100. 2 red flags identified, 2 strengths noted.
How does Sky Spirit Foundation spend its money?
Sky Spirit Foundation directs 100% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Sky Spirit Foundation tax-deductible?
Sky Spirit Foundation is registered as a tax-exempt nonprofit (EIN: 141857821). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What are Sky Spirit Foundation's current activities given its zero revenue and assets?
Based on the latest IRS 990 data, Sky Spirit Foundation reported $0 in revenue and $0 in assets for its most recent period, suggesting it may be inactive or operating on an extremely small, unrecorded scale. The filings do not provide details on current activities.
Is Sky Spirit Foundation financially stable?
With $0 in revenue and $0 in assets in its latest filing, Sky Spirit Foundation does not demonstrate financial stability. Its financial activity has been minimal, with only one period (2015) showing any revenue ($5,000) and expenses ($5,000).
Filing History
IRS 990 filing history for Sky Spirit Foundation showing financial trends over 2 years of public records:
Total assets increased by 35% over the same period, from $320 to $432. In its most recent filing year (2015), Sky Spirit Foundation reported a surplus of $0, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2015 | $5K | $5K | $432 | $0 | — | View 990 |
| 2013 | $0 | $0 | $320 | $0 | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Sky Spirit Foundation:
Data Sources and Methodology
This transparency report for Sky Spirit 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.