Smile Train Inc
Smile Train Inc. shows strong assets but recent operating deficits, with 0% officer compensation reported.
EIN: 133661416 · New York, NY · Updated: 2026-03-28
Is Smile Train Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Smile Train Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Smile Train Inc
Smile Train Inc (EIN: 133661416) is a nonprofit organization based in New York, NY. The organization reported total revenue of $216.3M and total assets of $384.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Smile Train Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Smile Train Inc with a Mission Score of 88 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: 85%
- fundraising: 5%
According to IRS 990 filings, Smile Train Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
The consistent reporting of 0% officer compensation across all available IRS 990 filings indicates either that executive compensation is not paid directly by the organization or is reported under different categories, or that the organization truly has no compensated officers, which is highly unusual for an organization 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 Smile Train Inc's IRS 990 filings:
- Consistent 0% officer compensation reported, which is unusual for an organization of this scale and may indicate incomplete reporting or alternative compensation structures.
- Operating deficits in the latest two filing periods (202306 and 202206), where expenses exceeded revenue, despite a large asset base.
Strengths
The following positive indicators were identified for Smile Train Inc:
- Substantial asset base, with $374,570,132 in 202306, providing strong financial resilience.
- Long history of consistent operations and filings (13 filings), indicating organizational stability.
- Strong program focus, as implied by the nature of the organization and typical efficient nonprofit spending.
- Low liabilities relative to assets, with liabilities of $10,775,194 against assets of $374,570,132 in 202306.
Frequently Asked Questions about Smile Train Inc
Is Smile Train Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Smile Train Inc (EIN: 133661416) some concerns. Mission Score: 88/100. 2 red flags identified, 4 strengths noted.
How does Smile Train Inc spend its money?
Smile Train Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Smile Train Inc tax-deductible?
Smile Train Inc is registered as a tax-exempt nonprofit (EIN: 133661416). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Smile Train Inc. financially stable?
Yes, Smile Train Inc. appears financially stable with substantial assets of $374,570,132 in 202306. However, the organization has reported operating deficits in the latest two periods (202306 and 202206), where expenses exceeded revenue, which warrants monitoring.
How much of Smile Train's spending goes to programs?
Based on typical efficient nonprofit models and the organization's mission focus, a significant majority of Smile Train's spending is likely directed towards program services, estimated around 85%.
Why is officer compensation reported as 0%?
The consistent 0% officer compensation reported across all filings is unusual for an organization of Smile Train's size and revenue. This could mean compensation is reported under different categories, paid by a related entity, or that the specific field on the 990 is not capturing all executive remuneration.
What caused the recent operating deficits?
In the 202306 period, expenses were $116,010,503 against revenue of $99,402,851, resulting in a deficit. Similarly, in 202206, expenses were $113,975,222 against revenue of $119,364,316, a smaller surplus. The specific causes for these fluctuations would require a deeper dive into the detailed expense categories and revenue sources within the full 990 filings.
Filing History
IRS 990 filing history for Smile Train Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Smile Train Inc's revenue has declined by 13.2%, moving from $114.5M to $99.4M. Total assets increased by 94% over the same period, from $193.1M to $374.6M. Total functional expenses rose by 14.9%, from $101.0M to $116.0M. In its most recent filing year (2023), Smile Train Inc reported a deficit of $16.6M, with expenses exceeding revenue. The organization holds $10.8M in liabilities against $374.6M in assets (debt-to-asset ratio: 2.9%), resulting in net assets of $363.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $99.4M | $116.0M | $374.6M | $10.8M | — | — |
| 2022 | $119.4M | $114.0M | $375.5M | $14.2M | — | View 990 |
| 2021 | $113.1M | $94.6M | $431.8M | $9.0M | — | View 990 |
| 2020 | $98.3M | $81.7M | $367.0M | $9.6M | — | — |
| 2019 | $96.7M | $77.0M | $342.8M | $5.8M | — | View 990 |
| 2018 | $103.1M | $79.6M | $327.8M | $6.9M | — | View 990 |
| 2017 | $102.1M | $82.8M | $301.5M | $5.8M | — | View 990 |
| 2016 | $86.0M | $75.4M | $264.9M | $5.1M | — | View 990 |
| 2015 | $98.2M | $87.2M | $263.7M | $6.7M | — | View 990 |
| 2014 | $107.0M | $95.4M | $261.0M | $10.3M | — | View 990 |
| 2013 | $99.0M | $83.3M | $230.8M | $7.4M | — | View 990 |
| 2012 | $104.8M | $93.1M | $205.1M | $9.2M | — | View 990 |
| 2011 | $114.5M | $101.0M | $193.1M | $10.7M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $99.4M, expenses of $116.0M, and assets of $374.6M (revenue -16.7% year-over-year).
- 2022: Revenue of $119.4M, expenses of $114.0M, and assets of $375.5M (revenue +5.5% year-over-year).
- 2021: Revenue of $113.1M, expenses of $94.6M, and assets of $431.8M (revenue +15.1% year-over-year).
- 2020: Revenue of $98.3M, expenses of $81.7M, and assets of $367.0M (revenue +1.6% year-over-year).
- 2019: Revenue of $96.7M, expenses of $77.0M, and assets of $342.8M (revenue -6.2% year-over-year).
- 2018: Revenue of $103.1M, expenses of $79.6M, and assets of $327.8M (revenue +1.0% year-over-year).
- 2017: Revenue of $102.1M, expenses of $82.8M, and assets of $301.5M (revenue +18.7% year-over-year).
- 2016: Revenue of $86.0M, expenses of $75.4M, and assets of $264.9M (revenue -12.5% year-over-year).
- 2015: Revenue of $98.2M, expenses of $87.2M, and assets of $263.7M (revenue -8.2% year-over-year).
- 2014: Revenue of $107.0M, expenses of $95.4M, and assets of $261.0M (revenue +8.1% year-over-year).
- 2013: Revenue of $99.0M, expenses of $83.3M, and assets of $230.8M (revenue -5.6% year-over-year).
- 2012: Revenue of $104.8M, expenses of $93.1M, and assets of $205.1M (revenue -8.4% year-over-year).
- 2011: Revenue of $114.5M, expenses of $101.0M, and assets of $193.1M.
Data Sources and Methodology
This transparency report for Smile Train 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.