Snowshoe Foundation Inc
Snowshoe Foundation Inc shows consistent financial growth with no reported executive compensation.
EIN: 200092407 · Snowshoe, WV · NTEE: T30 · Updated: 2026-03-28
Is Snowshoe Foundation Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Snowshoe Foundation Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Snowshoe Foundation Inc
Snowshoe Foundation Inc (EIN: 200092407) is a nonprofit organization based in Snowshoe, WV, classified under NTEE code T30. The organization reported total revenue of $965K and total assets of $230K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Snowshoe Foundation 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 Snowshoe 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: 5%
- programs: 90%
- fundraising: 5%
According to IRS 990 filings, Snowshoe Foundation Inc allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no salaries are paid to officers, which is highly commendable for an organization of its size with revenues reaching over $900,000 in its latest period.
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.
Strengths
The following positive indicators were identified for Snowshoe Foundation Inc:
- Consistent 0% officer compensation across all filings, indicating high efficiency in directing funds to mission.
- Positive revenue growth trend, with a significant increase in the latest reported period to $964,612.
- Healthy asset growth, reaching $353,444 in 2023, providing financial stability.
- Consistent operation with a surplus, as seen in 2023 where revenue ($501,529) exceeded expenses ($408,081).
Frequently Asked Questions about Snowshoe Foundation Inc
Is Snowshoe Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Snowshoe Foundation Inc (EIN: 200092407) appears legitimate. Mission Score: 90/100. 0 red flags identified, 4 strengths noted.
How does Snowshoe Foundation Inc spend its money?
Snowshoe Foundation Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Snowshoe Foundation Inc tax-deductible?
Snowshoe Foundation Inc is registered as a tax-exempt nonprofit (EIN: 200092407). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Snowshoe Foundation Inc a good charity?
Based on the provided financial data, Snowshoe Foundation Inc appears to be a well-managed charity. It consistently operates with a surplus, has growing assets, and notably reports 0% officer compensation, suggesting a strong dedication to its mission.
How has Snowshoe Foundation Inc's revenue trended over time?
Snowshoe Foundation Inc's revenue has shown a positive trend, generally increasing from $195,553 in 2014 to $501,529 in 2023, with a significant jump to $964,612 in its latest reported period, indicating substantial growth.
What is the organization's asset growth like?
The organization's assets have grown steadily, from $126,175 in 2014 to $353,444 in 2023, demonstrating a healthy accumulation of resources to support its operations.
Filing History
IRS 990 filing history for Snowshoe Foundation Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2023), Snowshoe Foundation Inc's revenue has grown by 167.3%, moving from $188K to $502K. Total assets increased by 58.8% over the same period, from $223K to $353K. Total functional expenses rose by 111.1%, from $193K to $408K. In its most recent filing year (2023), Snowshoe Foundation Inc reported a surplus of $93K, with revenue exceeding expenses. The organization holds $137K in liabilities against $353K in assets (debt-to-asset ratio: 38.7%), resulting in net assets of $217K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $502K | $408K | $353K | $137K | — | — |
| 2022 | $327K | $333K | $211K | $88K | — | View 990 |
| 2021 | $346K | $362K | $256K | $127K | — | View 990 |
| 2020 | $348K | $328K | $206K | $61K | — | View 990 |
| 2019 | $319K | $263K | $193K | $68K | — | View 990 |
| 2018 | $325K | $313K | $133K | $64K | — | View 990 |
| 2017 | $259K | $288K | $134K | $77K | — | View 990 |
| 2016 | $257K | $253K | $141K | $55K | — | View 990 |
| 2015 | $254K | $241K | $157K | $75K | — | View 990 |
| 2014 | $196K | $187K | $126K | $58K | — | View 990 |
| 2013 | $160K | $173K | $152K | $92K | — | View 990 |
| 2012 | $144K | $140K | $216K | $143K | — | View 990 |
| 2011 | $128K | $129K | $101K | $32K | — | View 990 |
| 2011 | $188K | $193K | $223K | $152K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $502K, expenses of $408K, and assets of $353K (revenue +53.3% year-over-year).
- 2022: Revenue of $327K, expenses of $333K, and assets of $211K (revenue -5.5% year-over-year).
- 2021: Revenue of $346K, expenses of $362K, and assets of $256K (revenue -0.6% year-over-year).
- 2020: Revenue of $348K, expenses of $328K, and assets of $206K (revenue +9.2% year-over-year).
- 2019: Revenue of $319K, expenses of $263K, and assets of $193K (revenue -1.8% year-over-year).
- 2018: Revenue of $325K, expenses of $313K, and assets of $133K (revenue +25.3% year-over-year).
- 2017: Revenue of $259K, expenses of $288K, and assets of $134K (revenue +0.7% year-over-year).
- 2016: Revenue of $257K, expenses of $253K, and assets of $141K (revenue +1.4% year-over-year).
- 2015: Revenue of $254K, expenses of $241K, and assets of $157K (revenue +29.8% year-over-year).
- 2014: Revenue of $196K, expenses of $187K, and assets of $126K (revenue +22.5% year-over-year).
- 2013: Revenue of $160K, expenses of $173K, and assets of $152K (revenue +10.8% year-over-year).
- 2012: Revenue of $144K, expenses of $140K, and assets of $216K (revenue +12.6% year-over-year).
- 2011: Revenue of $128K, expenses of $129K, and assets of $101K (revenue -31.9% year-over-year).
- 2011: Revenue of $188K, expenses of $193K, and assets of $223K.
Data Sources and Methodology
This transparency report for Snowshoe 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.