Sloan Swindle Family Foundation
Sloan Swindle Family Foundation frequently operates at a deficit, relying on assets to cover expenses.
EIN: 208989997 · Little Rock, AR · NTEE: T22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $29K |
| Total Expenses | $44K |
| Program Spending | 70% |
| Net Assets | $158K |
| Transparency Score | 65/100 |
Is Sloan Swindle 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 Swindle Family Foundation directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Sloan Swindle Family Foundation
Sloan Swindle Family Foundation (EIN: 208989997) is a nonprofit organization based in Little Rock, AR, classified under NTEE code T22. The organization reported total revenue of $29K and total assets of $162K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Sloan Swindle Family Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Sloan Swindle Family Foundation is a micro nonprofit that has been operating for 19 years, with 10 years of IRS 990 filings on record (2011–2023).
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $18K |
| Total Expenses | $44K |
| Surplus / Deficit | $-25,536 |
| Total Assets | $158K |
| Total Liabilities | $1 |
| Net Assets | $158K |
| Operating Margin | -140.0% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 43.3 months |
Financial Health Grade: B
In 2023, Sloan Swindle Family Foundation reported a deficit of $26K with expenses exceeding revenue, holds 43.3 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +1293.0% | +252.2% | -13.9% |
| 2022 | -94.1% | +95.8% | -5.7% |
| 2021 | +111.8% | -68.2% | +8.9% |
| 2020 | +21.8% | -40.4% | -5.0% |
| 2019 | -41.7% | +449.8% | -9.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
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 Swindle Family Foundation with a Mission Score of 65 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: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, Sloan Swindle Family Foundation allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $26K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no funds are used for executive salaries, which is highly favorable for donor confidence.
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 Swindle Family Foundation's IRS 990 filings:
- Frequent operational deficits, with expenses exceeding revenue in multiple years (e.g., 2023, 2022, 2020, 2019).
- Significant fluctuation in annual revenue, making financial planning and consistent program delivery potentially challenging.
- Lack of detailed expense breakdown (program, admin, fundraising) in the provided data, hindering a full assessment of spending efficiency.
Strengths
The following positive indicators were identified for Sloan Swindle Family Foundation:
- Consistent reporting of 0% officer compensation, indicating no funds are used for executive salaries.
- Maintained a relatively stable asset base over time, providing some financial cushion.
- Minimal liabilities reported across all filings, indicating responsible debt management.
Frequently Asked Questions about Sloan Swindle Family Foundation
Is Sloan Swindle Family Foundation a legitimate charity?
Sloan Swindle Family Foundation (EIN: 208989997) is a registered tax-exempt nonprofit based in Arkansas. Our AI analysis gives it a Mission Score of 65/100. It has 10 years of IRS 990 filings on record. Total revenue: $29K. 3 red flags identified. 3 strengths noted. Financial health grade: B.
How does Sloan Swindle Family Foundation spend its money?
Sloan Swindle Family Foundation directs 70% of its spending to programs and services. Fundraising costs 10%. This meets the 65% industry benchmark.
Are donations to Sloan Swindle Family Foundation tax-deductible?
Sloan Swindle Family Foundation is registered as a tax-exempt nonprofit (EIN: 208989997). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Sloan Swindle Family Foundation's spending goes to programs?
Sloan Swindle Family Foundation directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
How does Sloan Swindle Family Foundation compare to similar nonprofits?
With a transparency score of 65/100 (Good), Sloan Swindle 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 Swindle Family Foundation located?
Sloan Swindle Family Foundation is headquartered in Little Rock, Arkansas and files with the IRS under EIN 208989997. It is classified under NTEE code T22.
How many years of IRS 990 filings does Sloan Swindle Family Foundation have?
Sloan Swindle 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 $29K in total revenue.
What are the specific program activities funded by the Sloan Swindle Family Foundation?
The provided data does not detail the specific program activities. Further investigation into their public disclosures or website would be necessary to understand their mission-related spending.
How does the foundation cover its expenses when revenue is significantly lower, as seen in 2023 ($18,234 revenue vs. $43,770 expenses)?
The foundation likely covers these deficits by drawing down on its existing assets, which have fluctuated but remained substantial over the years (e.g., $157,786 in 2023).
What is the long-term sustainability plan given the frequent operational deficits?
The provided data does not outline a long-term sustainability plan. The pattern of expenses exceeding revenue in multiple years suggests a need for more consistent revenue generation or a re-evaluation of spending.
Filing History
IRS 990 filing history for Sloan Swindle Family Foundation showing financial trends over 10 years of public records:
Total assets increased by 5463.7% over the same period, from $3K to $158K. Total functional expenses rose by 20449.3%, from $213 to $44K. In its most recent filing year (2023), Sloan Swindle Family Foundation reported a deficit of $26K, with expenses exceeding revenue. The organization holds $1 in liabilities against $158K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $158K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $18K | $44K | $158K | $1 | — | — |
| 2022 | $1K | $12K | $183K | $1 | — | View 990 |
| 2021 | $22K | $6K | $194K | $1 | — | View 990 |
| 2020 | $11K | $20K | $178K | $1 | — | — |
| 2019 | $9K | $33K | $188K | $1 | — | View 990 |
| 2015 | $15K | $6K | $208K | $1 | — | View 990 |
| 2014 | $12K | $6K | $200K | $0 | — | View 990 |
| 2013 | $172K | $560 | $194K | $0 | — | View 990 |
| 2012 | $21K | $2K | $22K | $0 | — | View 990 |
| 2011 | $0 | $213 | $3K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $18K, expenses of $44K, and assets of $158K (revenue +1293.0% year-over-year).
- 2022: Revenue of $1K, expenses of $12K, and assets of $183K (revenue -94.1% year-over-year).
- 2021: Revenue of $22K, expenses of $6K, and assets of $194K (revenue +111.8% year-over-year).
- 2020: Revenue of $11K, expenses of $20K, and assets of $178K (revenue +21.8% year-over-year).
- 2019: Revenue of $9K, expenses of $33K, and assets of $188K (revenue -41.7% year-over-year).
- 2015: Revenue of $15K, expenses of $6K, and assets of $208K (revenue +22.4% year-over-year).
- 2014: Revenue of $12K, expenses of $6K, and assets of $200K (revenue -93.0% year-over-year).
- 2013: Revenue of $172K, expenses of $560, and assets of $194K (revenue +713.2% year-over-year).
- 2012: Revenue of $21K, expenses of $2K, and assets of $22K.
- 2011: Revenue of $0, expenses of $213, and assets of $3K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Sloan Swindle Family Foundation:
Data Sources and Methodology
This transparency report for Sloan Swindle 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.