Sms Foundation Inc
Sms Foundation Inc consistently grows assets with significant revenue surpluses and no reported officer compensation.
EIN: 201878599 · Madison, WI · NTEE: T22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $3.0M |
| Total Expenses | $532K |
| Program Spending | 85% |
| Net Assets | $10.1M |
| Transparency Score | 90/100 |
Is Sms Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Sms Foundation Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Sms Foundation Inc
Sms Foundation Inc (EIN: 201878599) is a nonprofit organization based in Madison, WI, classified under NTEE code T22. The organization reported total revenue of $3.0M and total assets of $10.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Sms Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Sms Foundation Inc is a mid-size nonprofit that has been operating for 21 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 5.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $897K |
| Total Expenses | $532K |
| Surplus / Deficit | +$365K |
| Total Assets | $10.1M |
| Total Liabilities | $1 |
| Net Assets | $10.1M |
| Operating Margin | 40.7% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 226.8 months |
Financial Health Grade: A
In 2023, Sms Foundation Inc reported a surplus of $365K with revenue exceeding expenses, holds 226.8 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 (2011–2023), Sms Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 5.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +67.6% | -2.4% | +11.2% |
| 2022 | -60.2% | +5.1% | -15.4% |
| 2021 | +60.1% | -0.9% | +11.7% |
| 2020 | +256.8% | +1.0% | +12.2% |
| 2019 | -69.8% | +34.3% | +31.4% |
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 Sms Foundation Inc with a Mission Score of 90 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, Sms Foundation 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.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $365K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Sms Foundation Inc reports 0% officer compensation across all available filings, indicating that its leadership is either entirely volunteer-based or compensated through an affiliated entity, which is highly favorable for donor perception and resource allocation.
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 Sms Foundation Inc's IRS 990 filings:
- Lack of detailed functional expense breakdown in provided data
- Fluctuating annual revenues, though assets consistently grow
Strengths
The following positive indicators were identified for Sms Foundation Inc:
- Consistent asset growth from $4.4M to over $10M
- Frequent and significant revenue surpluses
- Extremely low liabilities ($0 or $1 across all periods)
- 0% reported officer compensation across all filings
- Strong financial stability and long-term sustainability
Frequently Asked Questions about Sms Foundation Inc
Is Sms Foundation Inc a legitimate charity?
Sms Foundation Inc (EIN: 201878599) is a registered tax-exempt nonprofit based in Wisconsin. Our AI analysis gives it a Mission Score of 90/100. It has 10 years of IRS 990 filings on record. Total revenue: $3.0M. 2 red flags identified. 5 strengths noted. Financial health grade: A.
How does Sms Foundation Inc spend its money?
Sms Foundation Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Sms Foundation Inc tax-deductible?
Sms Foundation Inc is registered as a tax-exempt nonprofit (EIN: 201878599). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Sms Foundation Inc's spending goes to programs?
Sms Foundation Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Sms Foundation Inc compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Sms Foundation Inc 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 Sms Foundation Inc located?
Sms Foundation Inc is headquartered in Madison, Wisconsin and files with the IRS under EIN 201878599. It is classified under NTEE code T22.
How many years of IRS 990 filings does Sms Foundation Inc have?
Sms 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 $3.0M in total revenue.
How does Sms Foundation Inc achieve 0% officer compensation?
The filings consistently report 0% officer compensation, suggesting that executive leadership is either entirely volunteer-based or compensated by an affiliated entity, which is not detailed in these specific filings.
What are the primary programs funded by Sms Foundation Inc?
The provided data does not detail the specific programs or activities funded by Sms Foundation Inc. Further investigation into their public statements or detailed 990 forms would be required to understand their programmatic focus.
Why have assets grown so significantly while revenue fluctuates?
Assets have grown consistently due to the organization frequently operating with a surplus (revenue exceeding expenses) and likely through investment returns on its existing asset base, even as annual revenue can vary.
Filing History
IRS 990 filing history for Sms Foundation Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Sms Foundation Inc's revenue has grown by 79.7%, moving from $499K to $897K. Total assets increased by 126.5% over the same period, from $4.4M to $10.1M. Total functional expenses rose by 161.7%, from $203K to $532K. In its most recent filing year (2023), Sms Foundation Inc reported a surplus of $365K, with revenue exceeding expenses. The organization holds $1 in liabilities against $10.1M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $10.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $897K | $532K | $10.1M | $1 | — | View 990 |
| 2022 | $535K | $545K | $9.0M | $1 | — | View 990 |
| 2021 | $1.3M | $518K | $10.7M | $1 | — | View 990 |
| 2020 | $840K | $523K | $9.6M | $1 | — | View 990 |
| 2019 | $235K | $518K | $8.5M | $1 | — | View 990 |
| 2015 | $780K | $386K | $6.5M | $0 | — | View 990 |
| 2014 | $1.1M | $356K | $6.7M | $0 | — | View 990 |
| 2013 | $752K | $297K | $6.2M | $0 | — | View 990 |
| 2012 | $887K | $247K | $5.5M | $0 | — | View 990 |
| 2011 | $499K | $203K | $4.4M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $897K, expenses of $532K, and assets of $10.1M (revenue +67.6% year-over-year).
- 2022: Revenue of $535K, expenses of $545K, and assets of $9.0M (revenue -60.2% year-over-year).
- 2021: Revenue of $1.3M, expenses of $518K, and assets of $10.7M (revenue +60.1% year-over-year).
- 2020: Revenue of $840K, expenses of $523K, and assets of $9.6M (revenue +256.8% year-over-year).
- 2019: Revenue of $235K, expenses of $518K, and assets of $8.5M (revenue -69.8% year-over-year).
- 2015: Revenue of $780K, expenses of $386K, and assets of $6.5M (revenue -30.5% year-over-year).
- 2014: Revenue of $1.1M, expenses of $356K, and assets of $6.7M (revenue +49.3% year-over-year).
- 2013: Revenue of $752K, expenses of $297K, and assets of $6.2M (revenue -15.3% year-over-year).
- 2012: Revenue of $887K, expenses of $247K, and assets of $5.5M (revenue +77.7% year-over-year).
- 2011: Revenue of $499K, expenses of $203K, and assets of $4.4M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Sms Foundation Inc:
Data Sources and Methodology
This transparency report for Sms 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.