Sloan Family Foundation
Sloan Family Foundation maintains stable assets and zero executive compensation despite fluctuating revenues.
EIN: 201761661 · Jupiter, FL · NTEE: T22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $2.0M |
| Total Expenses | $186K |
| Program Spending | 90% |
| Net Assets | $1.7M |
| Transparency Score | 92/100 |
Is Sloan Family Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Sloan Family Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Sloan Family Foundation
Sloan Family Foundation (EIN: 201761661) is a nonprofit organization based in Jupiter, FL, classified under NTEE code T22. The organization reported total revenue of $2.0M and total assets of $2.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Sloan Family Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Sloan Family Foundation is a mid-size nonprofit that has been operating for 21 years, with 10 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of 0.0%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $64K |
| Total Expenses | $186K |
| Surplus / Deficit | $-121,825 |
| Total Assets | $1.7M |
| Total Liabilities | $1 |
| Net Assets | $1.7M |
| Operating Margin | -191.1% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 109.2 months |
Financial Health Grade: B
In 2024, Sloan Family Foundation reported a deficit of $122K with expenses exceeding revenue, holds 109.2 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 (2012–2024), Sloan Family Foundation's revenue has grown at a compound annual growth rate (CAGR) of 0.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -133.6% | -31.6% | -9.0% |
| 2022 | +620.3% | -11.9% | +2.3% |
| 2021 | -49.0% | +34.8% | +33.8% |
| 2020 | +96.9% | -21.4% | -12.9% |
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 Sloan Family Foundation with a Mission Score of 92 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: 90%
- fundraising: 0%
According to IRS 990 filings, Sloan Family Foundation allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $122K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is consistently reported at 0% across all available filings, indicating that no salaries are paid to officers, which is highly efficient for a foundation of this size.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Sloan Family Foundation's IRS 990 filings:
- Negative revenue reported in 202303 ($-115,621), which could indicate investment losses or significant returns of contributions.
Strengths
The following positive indicators were identified for Sloan Family Foundation:
- Consistent 0% officer compensation, indicating high efficiency and dedication of resources to mission.
- Minimal liabilities ($1 across all periods), demonstrating strong financial health and low debt.
- Long-term growth in assets, from $1,318,979 in 201203 to $1,689,566 in 202403, suggesting financial stability.
- Extensive filing history (10 filings) provides strong transparency into financial operations.
Frequently Asked Questions about Sloan Family Foundation
Is Sloan Family Foundation a legitimate charity?
Sloan Family Foundation (EIN: 201761661) is a registered tax-exempt nonprofit based in Florida. Our AI analysis gives it a Mission Score of 92/100. It has 10 years of IRS 990 filings on record. Total revenue: $2.0M. 1 red flag identified. 4 strengths noted. Financial health grade: B.
How does Sloan Family Foundation spend its money?
Sloan Family Foundation directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Sloan Family Foundation tax-deductible?
Sloan Family Foundation is registered as a tax-exempt nonprofit (EIN: 201761661). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Sloan Family Foundation compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Sloan Family Foundation is above average for NTEE category T22 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Sloan Family Foundation located?
Sloan Family Foundation is headquartered in Jupiter, Florida and files with the IRS under EIN 201761661. It is classified under NTEE code T22.
How many years of IRS 990 filings does Sloan Family Foundation have?
Sloan Family 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 $2.0M in total revenue.
Is the Sloan Family Foundation a good charity?
Based on the provided data, the Sloan Family Foundation appears to be a very good charity. It consistently reports 0% officer compensation, maintains minimal liabilities ($1), and has shown long-term asset growth, indicating efficient use of funds and strong financial stewardship.
How does the foundation manage its expenses relative to its revenue?
The foundation's expenses have sometimes exceeded its revenue, such as in 202403 (Revenue=$63,765, Expenses=$185,590) and 202303 (Revenue=$-115,621, Expenses=$68,833). However, its asset base has generally grown or remained stable, suggesting it draws from an endowment or prior year surpluses to cover operational costs when revenue is low.
What is the trend in the foundation's assets?
The foundation's assets have shown a general upward trend over the long term, increasing from $1,318,979 in 201203 to $1,689,566 in 202403, indicating financial stability and growth.
Filing History
IRS 990 filing history for Sloan Family Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2012–2024), Sloan Family Foundation's revenue has grown by 0.2%, moving from $64K to $64K. Total assets increased by 28.1% over the same period, from $1.3M to $1.7M. Total functional expenses rose by 201.9%, from $61K to $186K. In its most recent filing year (2024), Sloan Family Foundation reported a deficit of $122K, with expenses exceeding revenue. The organization holds $1 in liabilities against $1.7M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $1.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $64K | $186K | $1.7M | $1 | — | View 990 |
| 2023 | $-115,621 | $69K | $1.5M | $1 | — | View 990 |
| 2022 | $344K | $101K | $1.7M | $1 | — | View 990 |
| 2021 | $48K | $114K | $1.6M | $1 | — | — |
| 2020 | $94K | $85K | $1.2M | $1 | — | View 990 |
| 2016 | $48K | $108K | $1.4M | $1 | — | View 990 |
| 2015 | $37K | $55K | $1.4M | $1 | — | View 990 |
| 2014 | $66K | $114K | $1.4M | $1 | — | View 990 |
| 2013 | $66K | $71K | $1.4M | $1 | — | View 990 |
| 2012 | $64K | $61K | $1.3M | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $64K, expenses of $186K, and assets of $1.7M.
- 2023: Revenue of $-115,621, expenses of $69K, and assets of $1.5M (revenue -133.6% year-over-year).
- 2022: Revenue of $344K, expenses of $101K, and assets of $1.7M (revenue +620.3% year-over-year).
- 2021: Revenue of $48K, expenses of $114K, and assets of $1.6M (revenue -49.0% year-over-year).
- 2020: Revenue of $94K, expenses of $85K, and assets of $1.2M (revenue +96.9% year-over-year).
- 2016: Revenue of $48K, expenses of $108K, and assets of $1.4M (revenue +30.3% year-over-year).
- 2015: Revenue of $37K, expenses of $55K, and assets of $1.4M (revenue -44.9% year-over-year).
- 2014: Revenue of $66K, expenses of $114K, and assets of $1.4M (revenue +1.0% year-over-year).
- 2013: Revenue of $66K, expenses of $71K, and assets of $1.4M (revenue +3.3% year-over-year).
- 2012: Revenue of $64K, expenses of $61K, and assets of $1.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Sloan Family Foundation:
Data Sources and Methodology
This transparency report for Sloan 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.