Society Of Women Engineers Endowment Fund Inc
Society Of Women Engineers Endowment Fund consistently grows assets with no reported officer compensation.
EIN: 202761991 · Sanford, NC · NTEE: S112 · Updated: 2026-03-28
Is Society Of Women Engineers Endowment Fund Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Society Of Women Engineers Endowment Fund Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Society Of Women Engineers Endowment Fund Inc
Society Of Women Engineers Endowment Fund Inc (EIN: 202761991) is a nonprofit organization based in Sanford, NC, classified under NTEE code S112. The organization reported total revenue of $3.6M and total assets of $17.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Society Of Women Engineers Endowment Fund Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Society Of Women Engineers Endowment Fund Inc is a mid-size nonprofit that has been operating for 19 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 8.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $777K |
| Total Expenses | $650K |
| Surplus / Deficit | +$126K |
| Total Assets | $14.0M |
| Total Liabilities | $377K |
| Net Assets | $13.7M |
| Operating Margin | 16.3% |
| Debt-to-Asset Ratio | 2.7% |
| Months of Reserves | 259.1 months |
Financial Health Grade: A
In 2023, Society Of Women Engineers Endowment Fund Inc reported a surplus of $126K with revenue exceeding expenses, holds 259.1 months of operating reserves (strong position), has a debt-to-asset ratio of 2.7% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Society Of Women Engineers Endowment Fund Inc's revenue has grown at a compound annual growth rate (CAGR) of 8.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -20.7% | -0.5% | +9.0% |
| 2022 | -34.7% | +35.0% | -13.5% |
| 2021 | +131.1% | -13.8% | +28.9% |
| 2020 | +37.9% | +3.7% | -2.1% |
| 2019 | -36.9% | +3.8% | +2.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| 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 Society Of Women Engineers Endowment Fund Inc with a Mission Score of 92 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: 8%
- programs: 90%
- fundraising: 2%
According to IRS 990 filings, Society Of Women Engineers Endowment Fund Inc allocates its expenses as follows: admin: 8%, programs: 90%, fundraising: 2%. With 90% 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 $126K, with revenue exceeding expenses.
- Debt-to-asset ratio: 2.7%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that executive leadership is either entirely volunteer-based or compensated through an affiliated entity, which is highly favorable for donor confidence 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.
Strengths
The following positive indicators were identified for Society Of Women Engineers Endowment Fund Inc:
- Consistent asset growth, from $9.4M in 2014 to $14M in 2023.
- 0% reported officer compensation across all filings, indicating high efficiency.
- Low liabilities relative to assets, suggesting strong financial health.
- Consistent filing of IRS Form 990s, demonstrating transparency and compliance.
- Expenses consistently lower than revenue, contributing to endowment growth.
Frequently Asked Questions about Society Of Women Engineers Endowment Fund Inc
Is Society Of Women Engineers Endowment Fund Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Society Of Women Engineers Endowment Fund Inc (EIN: 202761991) appears legitimate. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
How does Society Of Women Engineers Endowment Fund Inc spend its money?
Society Of Women Engineers Endowment Fund Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Society Of Women Engineers Endowment Fund Inc tax-deductible?
Society Of Women Engineers Endowment Fund Inc is registered as a tax-exempt nonprofit (EIN: 202761991). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Society Of Women Engineers Endowment Fund Inc a good charity?
Based on the available financial data, the Society Of Women Engineers Endowment Fund Inc appears to be a well-managed and financially sound organization. It consistently grows its assets, maintains low liabilities, and reports no officer compensation, all of which are strong indicators of good financial stewardship.
How does the organization manage its expenses?
The organization consistently keeps its expenses significantly lower than its revenue, allowing for substantial asset growth. For example, in 2023, expenses were $650,387 against revenues of $776,704. This indicates a focus on endowment growth and efficient management.
What is the trend in the organization's assets?
The organization shows a strong upward trend in assets, growing from $9.4 million in 2014 to over $14 million in 2023, demonstrating successful endowment management and financial growth.
Filing History
IRS 990 filing history for Society Of Women Engineers Endowment Fund Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Society Of Women Engineers Endowment Fund Inc's revenue has grown by 166.5%, moving from $291K to $777K. Total assets increased by 103.8% over the same period, from $6.9M to $14.0M. Total functional expenses rose by 134.7%, from $277K to $650K. In its most recent filing year (2023), Society Of Women Engineers Endowment Fund Inc reported a surplus of $126K, with revenue exceeding expenses. The organization holds $377K in liabilities against $14.0M in assets (debt-to-asset ratio: 2.7%), resulting in net assets of $13.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $777K | $650K | $14.0M | $377K | — | — |
| 2022 | $979K | $654K | $12.9M | $369K | — | View 990 |
| 2021 | $1.5M | $484K | $14.9M | $289K | — | View 990 |
| 2020 | $649K | $562K | $11.6M | $298K | — | View 990 |
| 2019 | $471K | $542K | $11.8M | $290K | — | View 990 |
| 2018 | $746K | $522K | $11.5M | $271K | — | View 990 |
| 2017 | $4.6M | $390K | $10.9M | $241K | — | View 990 |
| 2016 | $549K | $429K | $9.7M | $265K | — | View 990 |
| 2015 | $565K | $404K | $9.8M | $241K | — | View 990 |
| 2014 | $390K | $341K | $9.4M | $221K | — | View 990 |
| 2013 | $406K | $318K | $8.0M | $205K | — | View 990 |
| 2012 | $434K | $293K | $7.0M | $255K | — | View 990 |
| 2011 | $291K | $277K | $6.9M | $165K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $777K, expenses of $650K, and assets of $14.0M (revenue -20.7% year-over-year).
- 2022: Revenue of $979K, expenses of $654K, and assets of $12.9M (revenue -34.7% year-over-year).
- 2021: Revenue of $1.5M, expenses of $484K, and assets of $14.9M (revenue +131.1% year-over-year).
- 2020: Revenue of $649K, expenses of $562K, and assets of $11.6M (revenue +37.9% year-over-year).
- 2019: Revenue of $471K, expenses of $542K, and assets of $11.8M (revenue -36.9% year-over-year).
- 2018: Revenue of $746K, expenses of $522K, and assets of $11.5M (revenue -83.7% year-over-year).
- 2017: Revenue of $4.6M, expenses of $390K, and assets of $10.9M (revenue +734.0% year-over-year).
- 2016: Revenue of $549K, expenses of $429K, and assets of $9.7M (revenue -2.8% year-over-year).
- 2015: Revenue of $565K, expenses of $404K, and assets of $9.8M (revenue +45.0% year-over-year).
- 2014: Revenue of $390K, expenses of $341K, and assets of $9.4M (revenue -4.0% year-over-year).
- 2013: Revenue of $406K, expenses of $318K, and assets of $8.0M (revenue -6.6% year-over-year).
- 2012: Revenue of $434K, expenses of $293K, and assets of $7.0M (revenue +49.0% year-over-year).
- 2011: Revenue of $291K, expenses of $277K, and assets of $6.9M.
Data Sources and Methodology
This transparency report for Society Of Women Engineers Endowment Fund 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.