Slingerland Foundation
Slingerland Foundation maintains strong assets but faces inconsistent revenue, often spending more than it earns annually.
EIN: 146102644 · Providence, RI · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $529K |
| Total Expenses | $86K |
| Program Spending | 80% |
| CEO/Top Officer Pay | $0 |
| Net Assets | $1.4M |
| Transparency Score | 70/100 |
Is Slingerland Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Slingerland Foundation directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Slingerland Foundation
Slingerland Foundation (EIN: 146102644) is a nonprofit organization based in Providence, RI. The organization reported total revenue of $529K and total assets of $1.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Slingerland Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Slingerland Foundation is a small nonprofit that has been operating for 49 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -11.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $84K |
| Total Expenses | $86K |
| Surplus / Deficit | $-1,414 |
| Total Assets | $1.4M |
| Total Liabilities | $1 |
| Net Assets | $1.4M |
| Operating Margin | -1.7% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 195.7 months |
Financial Health Grade: B
In 2023, Slingerland Foundation reported a deficit of $1K with expenses exceeding revenue, holds 195.7 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), Slingerland Foundation's revenue has declined at a compound annual growth rate (CAGR) of -11.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -42.5% | +1.6% | -0.1% |
| 2022 | +29.5% | -50.1% | +4.7% |
| 2021 | -17.9% | +87.8% | -4.0% |
| 2020 | +140.7% | -2.8% | +8.0% |
| 2016 | +289.3% | -0.5% | -2.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1977 |
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 Slingerland Foundation with a Mission Score of 70 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Slingerland Foundation allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% 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 deficit of $1K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
The Slingerland Foundation consistently reports $0 in officer compensation across all available filings, indicating a highly efficient approach to executive pay and a commitment to directing resources elsewhere.
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 Slingerland Foundation's IRS 990 filings:
- Inconsistent annual revenue generation, often falling below expenses (e.g., 202306: Revenue $84,290 vs. Expenses $85,704).
- Gradual decline in total assets over time, suggesting reliance on endowment rather than operational surplus (from $1.6M in 2011 to $1.39M in 2023).
Strengths
The following positive indicators were identified for Slingerland Foundation:
- Strong and stable asset base, consistently over $1.3 million, providing financial security.
- Consistently reports $0 in officer compensation, indicating efficient executive management and low overhead.
- Minimal liabilities (consistently $0 or $1), demonstrating sound financial management and no significant debt.
Frequently Asked Questions about Slingerland Foundation
Is Slingerland Foundation a legitimate charity?
Slingerland Foundation (EIN: 146102644) is a registered tax-exempt nonprofit based in Rhode Island. Our AI analysis gives it a Mission Score of 70/100. It has 10 years of IRS 990 filings on record. Total revenue: $529K. 2 red flags identified. 3 strengths noted. Financial health grade: B.
How does Slingerland Foundation spend its money?
Slingerland Foundation directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Slingerland Foundation tax-deductible?
Slingerland Foundation is registered as a tax-exempt nonprofit (EIN: 146102644). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Slingerland Foundation CEO make?
Slingerland Foundation's highest-compensated officer earns $0 annually. The organization reported $529K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Slingerland Foundation's spending goes to programs?
Slingerland Foundation directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Slingerland Foundation located?
Slingerland Foundation is headquartered in Providence, Rhode Island and files with the IRS under EIN 146102644.
How many years of IRS 990 filings does Slingerland Foundation have?
Slingerland 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 $529K in total revenue.
Is Slingerland Foundation a good charity?
The Slingerland Foundation exhibits strong financial stability through its substantial asset base (over $1.3 million) and minimal liabilities. Its consistent reporting of $0 officer compensation is a positive sign of lean operations. However, its highly variable and often insufficient annual revenue to cover expenses suggests a reliance on its endowment, which could impact long-term sustainability if not addressed.
How does the Slingerland Foundation fund its operations?
Based on the provided data, the Slingerland Foundation appears to fund its operations through a combination of fluctuating annual revenues and, significantly, by drawing down on its substantial asset base, as expenses frequently exceed revenue (e.g., 202306: Revenue $84,290, Expenses $85,704).
What is the trend in the Slingerland Foundation's assets?
The Slingerland Foundation's assets have shown a gradual decline over the past decade, from $1,614,480 in 2011 to $1,397,899 in 2023, indicating that the organization is spending more than it earns in many periods.
Filing History
IRS 990 filing history for Slingerland Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Slingerland Foundation's revenue has declined by 77%, moving from $366K to $84K. Total assets decreased by 13.4% over the same period, from $1.6M to $1.4M. Total functional expenses rose by 56%, from $55K to $86K. In its most recent filing year (2023), Slingerland Foundation reported a deficit of $1K, with expenses exceeding revenue. The organization holds $1 in liabilities against $1.4M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $1.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $84K | $86K | $1.4M | $1 | — | View 990 |
| 2022 | $147K | $84K | $1.4M | $1 | — | View 990 |
| 2021 | $113K | $169K | $1.3M | $1 | — | — |
| 2020 | $138K | $90K | $1.4M | $1 | — | — |
| 2016 | $57K | $93K | $1.3M | $0 | — | View 990 |
| 2015 | $15K | $93K | $1.3M | $0 | — | View 990 |
| 2014 | $76K | $93K | $1.4M | $0 | — | View 990 |
| 2013 | $55K | $241K | $1.4M | $0 | — | View 990 |
| 2012 | $42K | $48K | $1.6M | $0 | — | View 990 |
| 2011 | $366K | $55K | $1.6M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $84K, expenses of $86K, and assets of $1.4M (revenue -42.5% year-over-year).
- 2022: Revenue of $147K, expenses of $84K, and assets of $1.4M (revenue +29.5% year-over-year).
- 2021: Revenue of $113K, expenses of $169K, and assets of $1.3M (revenue -17.9% year-over-year).
- 2020: Revenue of $138K, expenses of $90K, and assets of $1.4M (revenue +140.7% year-over-year).
- 2016: Revenue of $57K, expenses of $93K, and assets of $1.3M (revenue +289.3% year-over-year).
- 2015: Revenue of $15K, expenses of $93K, and assets of $1.3M (revenue -80.7% year-over-year).
- 2014: Revenue of $76K, expenses of $93K, and assets of $1.4M (revenue +37.7% year-over-year).
- 2013: Revenue of $55K, expenses of $241K, and assets of $1.4M (revenue +33.0% year-over-year).
- 2012: Revenue of $42K, expenses of $48K, and assets of $1.6M (revenue -88.6% year-over-year).
- 2011: Revenue of $366K, expenses of $55K, and assets of $1.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Slingerland Foundation:
Data Sources and Methodology
This transparency report for Slingerland 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.