Sohn Family Foundation
EIN: 814641320 · Wilmington, DE · NTEE: T20
| Metric | Value |
|---|---|
| Total Revenue | $84 |
| Total Expenses | $5K |
| Net Assets | $203K |
Is Sohn Family Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Sohn Family Foundation
Sohn Family Foundation (EIN: 814641320) is a nonprofit organization based in Wilmington, DE, classified under NTEE code T20. The organization reported total revenue of $84 and total assets of $199K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Sohn Family Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Sohn Family Foundation is a micro nonprofit that has been operating for 9 years, with 2 years of IRS 990 filings on record (2019–2020). Revenue has grown at a compound annual rate of -73.3%.
Key Financial Metrics (2020)
From the most recent IRS 990 filing on record:
| Total Revenue | $1K |
| Total Expenses | $5K |
| Surplus / Deficit | $-3,258 |
| Total Assets | $203K |
| Total Liabilities | $1 |
| Net Assets | $203K |
| Operating Margin | -241.9% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 529.8 months |
Financial Health Grade: B
In 2020, Sohn Family Foundation reported a deficit of $3K with expenses exceeding revenue, holds 529.8 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 2 years of filings (2019–2020), Sohn Family Foundation's revenue has declined at a compound annual growth rate (CAGR) of -73.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2020 | -73.3% | -76.5% | -1.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2017 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Sohn Family Foundation 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 Sohn Family Foundation 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 (2020)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $3K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Sohn Family Foundation
Is Sohn Family Foundation a legitimate charity?
Sohn Family Foundation (EIN: 814641320) is a registered tax-exempt nonprofit based in Delaware. It has 2 years of IRS 990 filings on record. Total revenue: $84. No red flags identified. Financial health grade: B.
How does Sohn Family Foundation spend its money?
Sohn Family Foundation reported $84 in total revenue in IRS 990 filings. 2 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Sohn Family Foundation tax-deductible?
Sohn Family Foundation is registered as a tax-exempt nonprofit (EIN: 814641320). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Sohn Family Foundation located?
Sohn Family Foundation is headquartered in Wilmington, Delaware and files with the IRS under EIN 814641320. It is classified under NTEE code T20.
How many years of IRS 990 filings does Sohn Family Foundation have?
Sohn Family Foundation has 2 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $84 in total revenue.
Filing History
IRS 990 filing history for Sohn Family Foundation showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2019–2020), Sohn Family Foundation's revenue has declined by 73.3%, moving from $5K to $1K. Total assets decreased by 1.6% over the same period, from $207K to $203K. Total functional expenses fell by 76.5%, from $20K to $5K. In its most recent filing year (2020), Sohn Family Foundation reported a deficit of $3K, with expenses exceeding revenue. The organization holds $1 in liabilities against $203K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $203K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2020 | $1K | $5K | $203K | $1 | — | View 990 |
| 2019 | $5K | $20K | $207K | $1 | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Sohn Family Foundation:
Data Sources and Methodology
This transparency report for Sohn Family 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.