Smbc Global Foundation Inc
Smbc Global Foundation Inc maintains substantial assets despite fluctuating revenues and occasional operational deficits.
EIN: 133766226 · New York, NY · NTEE: B82 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $4.2M |
| Total Expenses | $1.3M |
| Program Spending | 80% |
| CEO/Top Officer Pay | $15 |
| Net Assets | $15.1M |
| Transparency Score | 75/100 |
Is Smbc Global Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Smbc Global Foundation Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Smbc Global Foundation Inc
Smbc Global Foundation Inc (EIN: 133766226) is a nonprofit organization based in New York, NY, classified under NTEE code B82. The organization reported total revenue of $4.2M and total assets of $17.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Smbc Global Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Smbc Global Foundation Inc is a mid-size nonprofit that has been operating for 13 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 8.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.2M |
| Total Expenses | $1.3M |
| Surplus / Deficit | $-131,083 |
| Total Assets | $15.5M |
| Total Liabilities | $394K |
| Net Assets | $15.1M |
| Operating Margin | -11.0% |
| Debt-to-Asset Ratio | 2.5% |
| Months of Reserves | 141.3 months |
Financial Health Grade: B
In 2023, Smbc Global Foundation Inc reported a deficit of $131K with expenses exceeding revenue, holds 141.3 months of operating reserves (strong position), has a debt-to-asset ratio of 2.5% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Smbc Global Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 8.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +210.9% | +102.6% | +11.5% |
| 2022 | -75.4% | -28.7% | -18.9% |
| 2021 | +90.7% | +5.6% | +2.5% |
| 2020 | +36.8% | +3.6% | +6.8% |
| 2019 | -31.3% | +1.9% | +8.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2013 |
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 Smbc Global Foundation Inc with a Mission Score of 75 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, Smbc Global Foundation Inc 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 $131K, with expenses exceeding revenue.
- Debt-to-asset ratio: 2.5%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers received compensation from the organization. This is highly unusual for an organization with assets exceeding $15 million and suggests either a volunteer leadership structure or compensation is covered by a related entity, which would require further investigation for full transparency.
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 Smbc Global Foundation Inc's IRS 990 filings:
- Consistent operational deficits in recent years (e.g., 2023, 2022) where expenses exceeded revenue.
- Unusually low (0%) reported officer compensation for an organization of this size, which may warrant further inquiry into leadership structure and true administrative costs.
Strengths
The following positive indicators were identified for Smbc Global Foundation Inc:
- Strong asset base providing financial stability (e.g., $15,540,867 in 2023).
- No reported officer compensation, indicating a potential commitment to directing funds towards programs.
- Long filing history (10 filings) demonstrating consistent operation and transparency in reporting to the IRS.
Frequently Asked Questions about Smbc Global Foundation Inc
Is Smbc Global Foundation Inc a legitimate charity?
Smbc Global Foundation Inc (EIN: 133766226) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 75/100. It has 10 years of IRS 990 filings on record. Total revenue: $4.2M. 2 red flags identified. 3 strengths noted. Financial health grade: B.
How does Smbc Global Foundation Inc spend its money?
Smbc Global Foundation Inc directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Smbc Global Foundation Inc tax-deductible?
Smbc Global Foundation Inc is registered as a tax-exempt nonprofit (EIN: 133766226). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Smbc Global Foundation Inc CEO make?
Smbc Global Foundation Inc's highest-compensated officer earns $15 annually. The organization reported $4.2M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Smbc Global Foundation Inc's spending goes to programs?
Smbc Global Foundation Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Smbc Global Foundation Inc compare to similar nonprofits?
With a transparency score of 75/100 (Good), Smbc Global Foundation Inc is above average for NTEE category B82 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Smbc Global Foundation Inc located?
Smbc Global Foundation Inc is headquartered in New York, New York and files with the IRS under EIN 133766226. It is classified under NTEE code B82.
How many years of IRS 990 filings does Smbc Global Foundation Inc have?
Smbc Global Foundation Inc 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 $4.2M in total revenue.
How does Smbc Global Foundation Inc cover its operational deficits in years where expenses exceed revenue?
The organization likely covers operational deficits, such as the $131,083 deficit in 2023 ($1,319,868 expenses - $1,188,785 revenue), by drawing from its substantial asset base, which was $15,540,867 in 2023.
What is the source of the organization's significant assets?
While the specific sources are not detailed in the provided data, the consistent high level of assets (e.g., $17,082,270 latest assets, $15,540,867 in 2023) suggests a strong endowment, accumulated reserves from prior years, or significant initial capital contributions.
Why is officer compensation consistently reported as 0%?
The consistent 0% officer compensation could indicate a volunteer board and executive leadership, or that compensation for these roles is paid by a related entity, which would not be reflected in these filings. This practice, while potentially reducing direct administrative costs, can sometimes obscure the true cost of leadership.
Filing History
IRS 990 filing history for Smbc Global Foundation Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Smbc Global Foundation Inc's revenue has grown by 156.5%, moving from $463K to $1.2M. Total assets increased by 20.7% over the same period, from $12.9M to $15.5M. Total functional expenses rose by 88%, from $702K to $1.3M. In its most recent filing year (2023), Smbc Global Foundation Inc reported a deficit of $131K, with expenses exceeding revenue. The organization holds $394K in liabilities against $15.5M in assets (debt-to-asset ratio: 2.5%), resulting in net assets of $15.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.2M | $1.3M | $15.5M | $394K | — | — |
| 2022 | $382K | $652K | $13.9M | $67K | — | View 990 |
| 2021 | $1.6M | $914K | $17.2M | $51K | — | — |
| 2020 | $815K | $866K | $16.8M | $31K | — | — |
| 2019 | $596K | $836K | $15.7M | $28K | — | View 990 |
| 2015 | $867K | $820K | $14.5M | $24K | — | View 990 |
| 2014 | $714K | $826K | $15.4M | $23K | — | View 990 |
| 2013 | $676K | $782K | $15.0M | $57K | — | View 990 |
| 2012 | $408K | $649K | $13.8M | $81K | — | View 990 |
| 2011 | $463K | $702K | $12.9M | $24K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.2M, expenses of $1.3M, and assets of $15.5M (revenue +210.9% year-over-year).
- 2022: Revenue of $382K, expenses of $652K, and assets of $13.9M (revenue -75.4% year-over-year).
- 2021: Revenue of $1.6M, expenses of $914K, and assets of $17.2M (revenue +90.7% year-over-year).
- 2020: Revenue of $815K, expenses of $866K, and assets of $16.8M (revenue +36.8% year-over-year).
- 2019: Revenue of $596K, expenses of $836K, and assets of $15.7M (revenue -31.3% year-over-year).
- 2015: Revenue of $867K, expenses of $820K, and assets of $14.5M (revenue +21.5% year-over-year).
- 2014: Revenue of $714K, expenses of $826K, and assets of $15.4M (revenue +5.7% year-over-year).
- 2013: Revenue of $676K, expenses of $782K, and assets of $15.0M (revenue +65.4% year-over-year).
- 2012: Revenue of $408K, expenses of $649K, and assets of $13.8M (revenue -11.9% year-over-year).
- 2011: Revenue of $463K, expenses of $702K, and assets of $12.9M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Smbc Global Foundation Inc:
Data Sources and Methodology
This transparency report for Smbc Global Foundation Inc 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.