Sooch Foundation
Sooch Foundation maintains stable assets despite volatile revenue and consistent expenses, with no reported officer compensation.
EIN: 200399480 · Austin, TX · NTEE: T20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $7.4M |
| Total Expenses | $890K |
| Program Spending | 85% |
| CEO/Top Officer Pay | $15.7 |
| Net Assets | $14.6M |
| Transparency Score | 85/100 |
Is Sooch Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Sooch Foundation directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Sooch Foundation
Sooch Foundation (EIN: 200399480) is a nonprofit organization based in Austin, TX, classified under NTEE code T20. The organization reported total revenue of $7.4M and total assets of $15.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Sooch Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Sooch Foundation is a mid-size nonprofit that has been operating for 22 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -5.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $328K |
| Total Expenses | $890K |
| Surplus / Deficit | $-561,390 |
| Total Assets | $14.6M |
| Total Liabilities | $1 |
| Net Assets | $14.6M |
| Operating Margin | -171.0% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 197.2 months |
Financial Health Grade: B
In 2023, Sooch Foundation reported a deficit of $561K with expenses exceeding revenue, holds 197.2 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Sooch Foundation's revenue has declined at a compound annual growth rate (CAGR) of -5.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -114.0% | -9.7% | -16.3% |
| 2021 | +710.3% | +6.0% | +3.9% |
| 2020 | +41.0% | +71.5% | +2.6% |
| 2019 | -50.3% | -34.8% | +14.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2004 |
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 Sooch Foundation with a Mission Score of 85 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Sooch Foundation allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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 deficit of $561K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that officers are either uncompensated or compensated through means not categorized as officer compensation on the 990, which is highly favorable for a foundation of its asset size ($15.7 million).
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.
Red Flags
The following concerns were identified during AI analysis of Sooch Foundation's IRS 990 filings:
- Significant revenue volatility, including negative revenue in 2022 (-$567,949), which could indicate reliance on investment performance or other non-operating factors.
- Lack of detailed expense breakdown (program, admin, fundraising) in the provided summary makes precise efficiency analysis challenging.
Strengths
The following positive indicators were identified for Sooch Foundation:
- Consistent 0% reported officer compensation across all filings, indicating strong financial stewardship and low overhead.
- Stable and substantial asset base, consistently around $13-16 million, providing financial resilience.
- Very low liabilities ($0-$1 across all filings), indicating sound financial health and minimal debt.
- Consistent expense levels suggest stable operational capacity despite revenue fluctuations.
Frequently Asked Questions about Sooch Foundation
Is Sooch Foundation a legitimate charity?
Sooch Foundation (EIN: 200399480) is a registered tax-exempt nonprofit based in Texas. Our AI analysis gives it a Mission Score of 85/100. It has 10 years of IRS 990 filings on record. Total revenue: $7.4M. 2 red flags identified. 4 strengths noted. Financial health grade: B.
How does Sooch Foundation spend its money?
Sooch Foundation directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Sooch Foundation tax-deductible?
Sooch Foundation is registered as a tax-exempt nonprofit (EIN: 200399480). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Sooch Foundation CEO make?
Sooch Foundation's highest-compensated officer earns $15.7 annually. The organization reported $7.4M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Sooch Foundation's spending goes to programs?
Sooch Foundation directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Sooch Foundation compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Sooch Foundation is above average for NTEE category T20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Sooch Foundation located?
Sooch Foundation is headquartered in Austin, Texas and files with the IRS under EIN 200399480. It is classified under NTEE code T20.
How many years of IRS 990 filings does Sooch Foundation have?
Sooch Foundation 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 $7.4M in total revenue.
Is Sooch Foundation a good charity?
Based on the available data, Sooch Foundation appears to be a well-managed organization with a strong asset base and a notable commitment to minimizing overhead, as evidenced by 0% reported officer compensation. Its consistent expenses suggest stable operations, though revenue volatility warrants further understanding.
Why was revenue negative in 2022?
The IRS 990 data for 202212 shows a revenue of -$567,949. This could be due to significant investment losses, a return of grants, or other non-operating deductions exceeding income. Further investigation into the detailed 990 forms would be needed to pinpoint the exact cause.
How does the foundation fund its operations with such volatile revenue?
Given the significant fluctuations in annual revenue, including negative revenue years, and consistent expenses (e.g., $889,739 in 2023 and $929,860 in 2022), the foundation likely relies heavily on its substantial asset base ($15.7 million) and investment returns from its endowment to cover operational costs and grantmaking.
Filing History
IRS 990 filing history for Sooch Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Sooch Foundation's revenue has declined by 51.7%, moving from $680K to $328K. Total assets increased by 9.3% over the same period, from $13.4M to $14.6M. Total functional expenses fell by 14.2%, from $1.0M to $890K. In its most recent filing year (2023), Sooch Foundation reported a deficit of $561K, with expenses exceeding revenue. The organization holds $1 in liabilities against $14.6M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $14.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $328K | $890K | $14.6M | $1 | — | — |
| 2022 | $-567,949 | $930K | $13.7M | $1 | — | View 990 |
| 2021 | $4.1M | $1.0M | $16.4M | $1 | — | View 990 |
| 2020 | $501K | $972K | $15.8M | $1 | — | View 990 |
| 2019 | $355K | $567K | $15.4M | $1 | — | View 990 |
| 2015 | $715K | $870K | $13.4M | $1 | — | View 990 |
| 2014 | $693K | $779K | $14.9M | $1 | — | View 990 |
| 2013 | $117K | $774K | $14.8M | $0 | — | View 990 |
| 2012 | $28K | $876K | $14.0M | $0 | — | View 990 |
| 2011 | $680K | $1.0M | $13.4M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $328K, expenses of $890K, and assets of $14.6M.
- 2022: Revenue of $-567,949, expenses of $930K, and assets of $13.7M (revenue -114.0% year-over-year).
- 2021: Revenue of $4.1M, expenses of $1.0M, and assets of $16.4M (revenue +710.3% year-over-year).
- 2020: Revenue of $501K, expenses of $972K, and assets of $15.8M (revenue +41.0% year-over-year).
- 2019: Revenue of $355K, expenses of $567K, and assets of $15.4M (revenue -50.3% year-over-year).
- 2015: Revenue of $715K, expenses of $870K, and assets of $13.4M (revenue +3.1% year-over-year).
- 2014: Revenue of $693K, expenses of $779K, and assets of $14.9M (revenue +492.8% year-over-year).
- 2013: Revenue of $117K, expenses of $774K, and assets of $14.8M (revenue +325.0% year-over-year).
- 2012: Revenue of $28K, expenses of $876K, and assets of $14.0M (revenue -96.0% year-over-year).
- 2011: Revenue of $680K, expenses of $1.0M, and assets of $13.4M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Sooch Foundation:
Data Sources and Methodology
This transparency report for Sooch 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.