Smith & Wesson Historicalfoundation
Smith & Wesson Historicalfoundation faces declining revenue and operating deficits in recent years.
EIN: 208968161 · Baton Rouge, LA · NTEE: A50 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $126K |
| Total Expenses | $160K |
| Program Spending | 80% |
| CEO/Top Officer Pay | $125,810. |
| Net Assets | $104K |
| Transparency Score | 75/100 |
Is Smith & Wesson Historicalfoundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Smith & Wesson Historicalfoundation directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Smith & Wesson Historicalfoundation
Smith & Wesson Historicalfoundation (EIN: 208968161) is a nonprofit organization based in Baton Rouge, LA, classified under NTEE code A50. The organization reported total revenue of $126K and total assets of $104K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Smith & Wesson Historicalfoundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Smith & Wesson Historicalfoundation is a small nonprofit that has been operating for 19 years, with 13 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of 5.7%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $126K |
| Total Expenses | $160K |
| Surplus / Deficit | $-34,197 |
| Total Assets | $104K |
| Net Assets | $104K |
| Operating Margin | -27.2% |
| Months of Reserves | 7.8 months |
Financial Health Grade: B
In 2024, Smith & Wesson Historicalfoundation reported a deficit of $34K with expenses exceeding revenue, holds 7.8 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2012–2024), Smith & Wesson Historicalfoundation's revenue has grown at a compound annual growth rate (CAGR) of 5.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -9.2% | -9.9% | -24.7% |
| 2023 | -30.5% | -10.0% | -22.1% |
| 2022 | +7.9% | +35.3% | +1.1% |
| 2021 | +10.3% | -13.7% | +26.0% |
| 2020 | -15.9% | -8.0% | -1.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| 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 Smith & Wesson Historicalfoundation 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, Smith & Wesson Historicalfoundation 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $34K, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that the organization's leadership is either entirely volunteer-based or compensated through non-officer roles, which is highly efficient for an organization of its size with revenues around $125,810.
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 Smith & Wesson Historicalfoundation's IRS 990 filings:
- Consistent operating deficits in recent years (e.g., 202405 expenses $160,007 vs. revenue $125,810)
- Declining revenue trend from $199,274 in 202205 to $125,810 in 202405
Strengths
The following positive indicators were identified for Smith & Wesson Historicalfoundation:
- Zero reported officer compensation across all filings, indicating high efficiency in leadership costs
- Excellent transparency with 13 IRS 990 filings available
- Consistently low or zero liabilities, demonstrating strong debt management
- Maintains a healthy asset base ($104,183 in 202405) relative to its operational scale
Frequently Asked Questions about Smith & Wesson Historicalfoundation
Is Smith & Wesson Historicalfoundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Smith & Wesson Historicalfoundation (EIN: 208968161) some concerns. Mission Score: 75/100. 2 red flags identified, 4 strengths noted.
How does Smith & Wesson Historicalfoundation spend its money?
Smith & Wesson Historicalfoundation directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Smith & Wesson Historicalfoundation tax-deductible?
Smith & Wesson Historicalfoundation is registered as a tax-exempt nonprofit (EIN: 208968161). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Smith & Wesson Historicalfoundation CEO make?
Smith & Wesson Historicalfoundation's highest-compensated officer earns $125,810. annually. The organization reported $126K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Smith & Wesson Historicalfoundation's spending goes to programs?
Smith & Wesson Historicalfoundation directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Smith & Wesson Historicalfoundation compare to similar nonprofits?
With a transparency score of 75/100 (Good), Smith & Wesson Historicalfoundation is above average for NTEE category A50 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Smith & Wesson Historicalfoundation located?
Smith & Wesson Historicalfoundation is headquartered in Baton Rouge, Louisiana and files with the IRS under EIN 208968161. It is classified under NTEE code A50.
How many years of IRS 990 filings does Smith & Wesson Historicalfoundation have?
Smith & Wesson Historicalfoundation has 13 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 $126K in total revenue.
Is Smith & Wesson Historicalfoundation a good charity?
The foundation exhibits strong financial transparency with numerous filings and reports no officer compensation, suggesting efficient use of funds. However, recent operating deficits where expenses exceeded revenue (e.g., $160,007 expenses vs. $125,810 revenue in 202405) raise questions about long-term financial sustainability if not addressed.
What is the trend in the organization's revenue?
The organization's revenue has shown a downward trend in the most recent periods, decreasing from $199,274 in 202205 to $125,810 in 202405, after some earlier fluctuations.
How does the organization manage its liabilities?
The Smith & Wesson Historicalfoundation has consistently maintained very low or zero liabilities, reporting $0 in liabilities for the latest period (202405) and most other periods, indicating strong financial management in avoiding debt.
Filing History
IRS 990 filing history for Smith & Wesson Historicalfoundation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2024), Smith & Wesson Historicalfoundation's revenue has grown by 95.1%, moving from $64K to $126K. Total assets increased by 129.4% over the same period, from $45K to $104K. Total functional expenses rose by 137.7%, from $67K to $160K. In its most recent filing year (2024), Smith & Wesson Historicalfoundation reported a deficit of $34K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $126K | $160K | $104K | $0 | — | View 990 |
| 2023 | $139K | $178K | $138K | $0 | — | View 990 |
| 2022 | $199K | $197K | $178K | $0 | — | View 990 |
| 2021 | $185K | $146K | $176K | $0 | — | View 990 |
| 2020 | $167K | $169K | $139K | $2K | — | View 990 |
| 2019 | $199K | $184K | $142K | $3K | — | View 990 |
| 2018 | $190K | $210K | $124K | $0 | — | View 990 |
| 2017 | $192K | $121K | $146K | $2K | — | View 990 |
| 2016 | $48K | $80K | $72K | $0 | — | View 990 |
| 2015 | $72K | $33K | $104K | $0 | — | View 990 |
| 2014 | $67K | $76K | $65K | $0 | — | View 990 |
| 2013 | $116K | $88K | $74K | $0 | — | View 990 |
| 2012 | $64K | $67K | $45K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $126K, expenses of $160K, and assets of $104K (revenue -9.2% year-over-year).
- 2023: Revenue of $139K, expenses of $178K, and assets of $138K (revenue -30.5% year-over-year).
- 2022: Revenue of $199K, expenses of $197K, and assets of $178K (revenue +7.9% year-over-year).
- 2021: Revenue of $185K, expenses of $146K, and assets of $176K (revenue +10.3% year-over-year).
- 2020: Revenue of $167K, expenses of $169K, and assets of $139K (revenue -15.9% year-over-year).
- 2019: Revenue of $199K, expenses of $184K, and assets of $142K (revenue +4.7% year-over-year).
- 2018: Revenue of $190K, expenses of $210K, and assets of $124K (revenue -1.2% year-over-year).
- 2017: Revenue of $192K, expenses of $121K, and assets of $146K (revenue +304.4% year-over-year).
- 2016: Revenue of $48K, expenses of $80K, and assets of $72K (revenue -33.9% year-over-year).
- 2015: Revenue of $72K, expenses of $33K, and assets of $104K (revenue +7.7% year-over-year).
- 2014: Revenue of $67K, expenses of $76K, and assets of $65K (revenue -42.6% year-over-year).
- 2013: Revenue of $116K, expenses of $88K, and assets of $74K (revenue +80.5% year-over-year).
- 2012: Revenue of $64K, expenses of $67K, and assets of $45K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Smith & Wesson Historicalfoundation:
Data Sources and Methodology
This transparency report for Smith & Wesson Historicalfoundation 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.