Sogorea Te Land Trust
EIN: 824415931 · Oakland, CA · NTEE: C34
| Metric | Value |
|---|---|
| Total Revenue | $12.5M |
| Total Expenses | $2.2M |
| Net Assets | $44.5M |
Is Sogorea Te Land Trust Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Sogorea Te Land Trust
Sogorea Te Land Trust (EIN: 824415931) is a nonprofit organization based in Oakland, CA, classified under NTEE code C34. The organization reported total revenue of $12.5M and total assets of $54.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Sogorea Te Land Trust's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Sogorea Te Land Trust is a large nonprofit that has been operating for 7 years, with 5 years of IRS 990 filings on record (2019–2023). Revenue has grown at a compound annual rate of 79.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $7.3M |
| Total Expenses | $2.2M |
| Surplus / Deficit | +$5.1M |
| Total Assets | $44.6M |
| Total Liabilities | $86K |
| Net Assets | $44.5M |
| Operating Margin | 70.1% |
| Debt-to-Asset Ratio | 0.2% |
| Months of Reserves | 245.6 months |
Financial Health Grade: A
In 2023, Sogorea Te Land Trust reported a surplus of $5.1M with revenue exceeding expenses, holds 245.6 months of operating reserves (strong position), has a debt-to-asset ratio of 0.2% (very low leverage).
Financial Trends
Over 5 years of filings (2019–2023), Sogorea Te Land Trust's revenue has grown at a compound annual growth rate (CAGR) of 79.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -76.9% | +21.5% | +13.0% |
| 2022 | +326.2% | +39.1% | +303.8% |
| 2021 | +97.4% | +71.6% | +167.8% |
| 2020 | +434.5% | +846.4% | +480.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2019 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Sogorea Te Land Trust 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 Sogorea Te Land Trust 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $5.1M, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.2%.
Frequently Asked Questions about Sogorea Te Land Trust
Is Sogorea Te Land Trust a legitimate charity?
Sogorea Te Land Trust (EIN: 824415931) is a registered tax-exempt nonprofit based in California. It has 5 years of IRS 990 filings on record. Total revenue: $12.5M. No red flags identified. Financial health grade: A.
How does Sogorea Te Land Trust spend its money?
Sogorea Te Land Trust reported $12.5M in total revenue in IRS 990 filings. 5 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Sogorea Te Land Trust tax-deductible?
Sogorea Te Land Trust is registered as a tax-exempt nonprofit (EIN: 824415931). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Sogorea Te Land Trust located?
Sogorea Te Land Trust is headquartered in Oakland, California and files with the IRS under EIN 824415931. It is classified under NTEE code C34.
How many years of IRS 990 filings does Sogorea Te Land Trust have?
Sogorea Te Land Trust has 5 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 $12.5M in total revenue.
Filing History
IRS 990 filing history for Sogorea Te Land Trust showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2019–2023), Sogorea Te Land Trust's revenue has grown by 938.8%, moving from $702K to $7.3M. Total assets increased by 6988.8% over the same period, from $629K to $44.6M. Total functional expenses rose by 2645.6%, from $79K to $2.2M. In its most recent filing year (2023), Sogorea Te Land Trust reported a surplus of $5.1M, with revenue exceeding expenses. The organization holds $86K in liabilities against $44.6M in assets (debt-to-asset ratio: 0.2%), resulting in net assets of $44.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $7.3M | $2.2M | $44.6M | $86K | — | — |
| 2022 | $31.6M | $1.8M | $39.5M | $106K | — | View 990 |
| 2021 | $7.4M | $1.3M | $9.8M | $36K | — | View 990 |
| 2020 | $3.8M | $751K | $3.6M | $27K | — | — |
| 2019 | $702K | $79K | $629K | $7K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $7.3M, expenses of $2.2M, and assets of $44.6M (revenue -76.9% year-over-year).
- 2022: Revenue of $31.6M, expenses of $1.8M, and assets of $39.5M (revenue +326.2% year-over-year).
- 2021: Revenue of $7.4M, expenses of $1.3M, and assets of $9.8M (revenue +97.4% year-over-year).
- 2020: Revenue of $3.8M, expenses of $751K, and assets of $3.6M (revenue +434.5% year-over-year).
- 2019: Revenue of $702K, expenses of $79K, and assets of $629K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Sogorea Te Land Trust:
Data Sources and Methodology
This transparency report for Sogorea Te Land Trust 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.