Social Movement Technologies Foundation Inc
EIN: 383889449 · Bloomfield, CT · NTEE: T02
| Metric | Value |
|---|---|
| Total Revenue | $521K |
| Total Expenses | $459K |
| Net Assets | $1.1M |
Is Social Movement Technologies Foundation Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Social Movement Technologies Foundation Inc
Social Movement Technologies Foundation Inc (EIN: 383889449) is a nonprofit organization based in Bloomfield, CT, classified under NTEE code T02. The organization reported total revenue of $521K and total assets of $1.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Social Movement Technologies Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Social Movement Technologies Foundation Inc is a small nonprofit that has been operating for 11 years, with 10 years of IRS 990 filings on record (2015–2024). Revenue has grown at a compound annual rate of 31.0%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $761K |
| Total Expenses | $459K |
| Surplus / Deficit | +$301K |
| Total Assets | $1.3M |
| Total Liabilities | $215K |
| Net Assets | $1.1M |
| Operating Margin | 39.6% |
| Debt-to-Asset Ratio | 16.6% |
| Months of Reserves | 34.0 months |
Financial Health Grade: A
In 2024, Social Movement Technologies Foundation Inc reported a surplus of $301K with revenue exceeding expenses, holds 34.0 months of operating reserves (strong position), has a debt-to-asset ratio of 16.6% (very low leverage).
Financial Trends
Over 10 years of filings (2015–2024), Social Movement Technologies Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 31.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +24.3% | -22.6% | +28.1% |
| 2023 | +51.6% | +25.9% | +3.5% |
| 2022 | -55.9% | -8.1% | -4.0% |
| 2021 | +114.1% | +88.6% | +38.2% |
| 2020 | +29.2% | +34.3% | +137.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2015 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Social Movement Technologies Foundation Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Social Movement Technologies Foundation Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $301K, with revenue exceeding expenses.
- Debt-to-asset ratio: 16.6%.
Frequently Asked Questions about Social Movement Technologies Foundation Inc
Is Social Movement Technologies Foundation Inc a legitimate charity?
Social Movement Technologies Foundation Inc (EIN: 383889449) is a registered tax-exempt nonprofit based in Connecticut. It has 10 years of IRS 990 filings on record. Total revenue: $521K. No red flags identified. Financial health grade: A.
How does Social Movement Technologies Foundation Inc spend its money?
Social Movement Technologies Foundation Inc reported $521K in total revenue in IRS 990 filings. 10 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Social Movement Technologies Foundation Inc tax-deductible?
Social Movement Technologies Foundation Inc is registered as a tax-exempt nonprofit (EIN: 383889449). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Social Movement Technologies Foundation Inc located?
Social Movement Technologies Foundation Inc is headquartered in Bloomfield, Connecticut and files with the IRS under EIN 383889449. It is classified under NTEE code T02.
How many years of IRS 990 filings does Social Movement Technologies Foundation Inc have?
Social Movement Technologies 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 $521K in total revenue.
Filing History
IRS 990 filing history for Social Movement Technologies Foundation Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2015–2024), Social Movement Technologies Foundation Inc's revenue has grown by 1037.9%, moving from $67K to $761K. Total assets increased by 4075% over the same period, from $31K to $1.3M. Total functional expenses rose by 835.7%, from $49K to $459K. In its most recent filing year (2024), Social Movement Technologies Foundation Inc reported a surplus of $301K, with revenue exceeding expenses. The organization holds $215K in liabilities against $1.3M in assets (debt-to-asset ratio: 16.6%), resulting in net assets of $1.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $761K | $459K | $1.3M | $215K | — | — |
| 2023 | $612K | $593K | $1.0M | $233K | — | View 990 |
| 2022 | $404K | $471K | $981K | $229K | — | View 990 |
| 2021 | $915K | $513K | $1.0M | $202K | — | — |
| 2020 | $427K | $272K | $739K | $290K | — | View 990 |
| 2019 | $331K | $202K | $311K | $17K | — | View 990 |
| 2018 | $85K | $43K | $220K | $20K | — | View 990 |
| 2017 | $144K | $52K | $155K | $579 | — | View 990 |
| 2016 | $42K | $30K | $63K | $1K | — | View 990 |
| 2015 | $67K | $49K | $31K | $875 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $761K, expenses of $459K, and assets of $1.3M (revenue +24.3% year-over-year).
- 2023: Revenue of $612K, expenses of $593K, and assets of $1.0M (revenue +51.6% year-over-year).
- 2022: Revenue of $404K, expenses of $471K, and assets of $981K (revenue -55.9% year-over-year).
- 2021: Revenue of $915K, expenses of $513K, and assets of $1.0M (revenue +114.1% year-over-year).
- 2020: Revenue of $427K, expenses of $272K, and assets of $739K (revenue +29.2% year-over-year).
- 2019: Revenue of $331K, expenses of $202K, and assets of $311K (revenue +289.2% year-over-year).
- 2018: Revenue of $85K, expenses of $43K, and assets of $220K (revenue -41.0% year-over-year).
- 2017: Revenue of $144K, expenses of $52K, and assets of $155K (revenue +244.0% year-over-year).
- 2016: Revenue of $42K, expenses of $30K, and assets of $63K (revenue -37.4% year-over-year).
- 2015: Revenue of $67K, expenses of $49K, and assets of $31K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Social Movement Technologies Foundation Inc:
Data Sources and Methodology
This transparency report for Social Movement Technologies 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.