Snowden Foundation
Snowden Foundation consistently spends more than it earns, drawing from its $1 million asset base.
EIN: 202044987 · Biddeford Pl, ME · NTEE: B82 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $256K |
| Total Expenses | $76K |
| Program Spending | 80% |
| Net Assets | $1.0M |
| Transparency Score | 75/100 |
Is Snowden Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Snowden Foundation directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Snowden Foundation
Snowden Foundation (EIN: 202044987) is a nonprofit organization based in Biddeford Pl, ME, classified under NTEE code B82. The organization reported total revenue of $256K and total assets of $1.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Snowden Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Snowden Foundation is a small nonprofit that has been operating for 20 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -2.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $38K |
| Total Expenses | $76K |
| Surplus / Deficit | $-38,407 |
| Total Assets | $1.0M |
| Total Liabilities | $1 |
| Net Assets | $1.0M |
| Operating Margin | -101.7% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 160.9 months |
Financial Health Grade: B
In 2023, Snowden Foundation reported a deficit of $38K with expenses exceeding revenue, holds 160.9 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), Snowden Foundation's revenue has declined at a compound annual growth rate (CAGR) of -2.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -13.7% | -1.1% | -3.5% |
| 2022 | -59.6% | -7.4% | -4.0% |
| 2021 | +10.6% | +33.9% | +2.3% |
| 2020 | +30.5% | -21.7% | +3.2% |
| 2019 | -9.6% | +11.1% | -4.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2006 |
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 Snowden Foundation 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, Snowden Foundation 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 $38K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that the organization likely relies on volunteer leadership or has a very low-cost administrative structure, which is highly efficient for a foundation 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 Snowden Foundation's IRS 990 filings:
- Consistent deficit spending where expenses exceed revenue (e.g., 2023 expenses $76,190 vs. revenue $37,783)
- Declining revenue trend in recent years (e.g., $108,481 in 2021 to $37,783 in 2023)
Strengths
The following positive indicators were identified for Snowden Foundation:
- Zero reported officer compensation, indicating high efficiency and volunteer leadership
- Stable and substantial asset base of over $1 million, providing financial cushion
- Minimal liabilities reported across all filing periods, indicating sound debt management
Frequently Asked Questions about Snowden Foundation
Is Snowden Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Snowden Foundation (EIN: 202044987) some concerns. Mission Score: 75/100. 2 red flags identified, 3 strengths noted.
How does Snowden Foundation spend its money?
Snowden Foundation directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Snowden Foundation tax-deductible?
Snowden Foundation is registered as a tax-exempt nonprofit (EIN: 202044987). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Snowden Foundation's spending goes to programs?
Snowden Foundation directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Snowden Foundation compare to similar nonprofits?
With a transparency score of 75/100 (Good), Snowden Foundation 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 Snowden Foundation located?
Snowden Foundation is headquartered in Biddeford Pl, Maine and files with the IRS under EIN 202044987. It is classified under NTEE code B82.
How many years of IRS 990 filings does Snowden Foundation have?
Snowden 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 $256K in total revenue.
How does the Snowden Foundation sustain its operations given that expenses frequently exceed revenue?
The foundation appears to be drawing from its substantial asset base, which has consistently been around $1 million, to cover operational deficits. For example, in 2023, expenses were $76,190 while revenue was only $37,783.
What is the specific purpose of the Snowden Foundation's NTEE code B82?
NTEE code B82 typically refers to 'Foundations, Grantmaking & Giving Services - Private Operating Foundations'. This suggests the foundation directly conducts its own programs rather than solely making grants to other organizations.
Does the Snowden Foundation have a fundraising strategy?
Given the consistent revenue figures, which fluctuate but generally remain below $100,000 annually in recent years, and the lack of reported officer compensation, it's possible the foundation relies on a limited number of donors or endowment income. A detailed fundraising strategy is not evident from the provided financial summaries alone.
Filing History
IRS 990 filing history for Snowden Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Snowden Foundation's revenue has declined by 29.3%, moving from $53K to $38K. Total assets increased by 8.7% over the same period, from $940K to $1.0M. Total functional expenses rose by 26.4%, from $60K to $76K. In its most recent filing year (2023), Snowden Foundation reported a deficit of $38K, with expenses exceeding revenue. The organization holds $1 in liabilities against $1.0M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $1.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $38K | $76K | $1.0M | $1 | — | — |
| 2022 | $44K | $77K | $1.1M | $1K | — | View 990 |
| 2021 | $108K | $83K | $1.1M | $1 | — | — |
| 2020 | $98K | $62K | $1.1M | $1 | — | View 990 |
| 2019 | $75K | $79K | $1.0M | $1 | — | View 990 |
| 2015 | $83K | $71K | $1.1M | $0 | — | View 990 |
| 2014 | $108K | $70K | $1.1M | $0 | — | View 990 |
| 2013 | $160K | $71K | $1.0M | $0 | — | View 990 |
| 2012 | $67K | $60K | $945K | $0 | — | View 990 |
| 2011 | $53K | $60K | $940K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $38K, expenses of $76K, and assets of $1.0M (revenue -13.7% year-over-year).
- 2022: Revenue of $44K, expenses of $77K, and assets of $1.1M (revenue -59.6% year-over-year).
- 2021: Revenue of $108K, expenses of $83K, and assets of $1.1M (revenue +10.6% year-over-year).
- 2020: Revenue of $98K, expenses of $62K, and assets of $1.1M (revenue +30.5% year-over-year).
- 2019: Revenue of $75K, expenses of $79K, and assets of $1.0M (revenue -9.6% year-over-year).
- 2015: Revenue of $83K, expenses of $71K, and assets of $1.1M (revenue -23.0% year-over-year).
- 2014: Revenue of $108K, expenses of $70K, and assets of $1.1M (revenue -32.7% year-over-year).
- 2013: Revenue of $160K, expenses of $71K, and assets of $1.0M (revenue +139.7% year-over-year).
- 2012: Revenue of $67K, expenses of $60K, and assets of $945K (revenue +25.2% year-over-year).
- 2011: Revenue of $53K, expenses of $60K, and assets of $940K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Snowden Foundation:
Data Sources and Methodology
This transparency report for Snowden 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.