Sozo International Inc
Sozo International Inc. faces significant financial challenges with expenses consistently exceeding revenue in recent years.
EIN: 200166014 · Evansville, IN · NTEE: Q33 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $348K |
| Total Expenses | $689K |
| Program Spending | 75% |
| Net Assets | $114K |
| Transparency Score | 60/100 |
Is Sozo International Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Sozo International Inc directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Sozo International Inc
Sozo International Inc (EIN: 200166014) is a nonprofit organization based in Evansville, IN, classified under NTEE code Q33. The organization reported total revenue of $348K and total assets of $114K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Sozo International Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Sozo International Inc is a small nonprofit that has been operating for 21 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -9.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $348K |
| Total Expenses | $689K |
| Surplus / Deficit | $-341,021 |
| Total Assets | $114K |
| Net Assets | $114K |
| Operating Margin | -98.0% |
| Months of Reserves | 2.0 months |
Financial Health Grade: C
In 2023, Sozo International Inc reported a deficit of $341K with expenses exceeding revenue, holds 2.0 months of operating reserves (limited).
Financial Trends
Over 13 years of filings (2011–2023), Sozo International Inc's revenue has declined at a compound annual growth rate (CAGR) of -9.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -35.1% | -1.1% | -75.0% |
| 2022 | -51.7% | +21.5% | -26.2% |
| 2021 | +29.8% | -30.7% | +674.8% |
| 2020 | -19.5% | -31.8% | +24.5% |
| 2019 | -12.8% | -11.1% | -70.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2005 |
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 Sozo International Inc with a Mission Score of 60 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 75%
- fundraising: 10%
According to IRS 990 filings, Sozo International Inc allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% 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 $341K, with expenses exceeding revenue.
Executive Compensation Analysis
Sozo International Inc. consistently reports 0% officer compensation across all available filings, indicating that no salaries or benefits are paid to its top executives, which is a strong positive for donor trust and efficient use of funds.
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 Sozo International Inc's IRS 990 filings:
- Consistent operational deficits in recent years (e.g., 2023 revenue $348,110 vs. expenses $689,131)
- Significant decline in assets from $454,608 in 2022 to $113,587 in 2023
- Revenue has decreased substantially from a peak of $1,468,051 in 2016 to $348,110 in 2023
Strengths
The following positive indicators were identified for Sozo International Inc:
- Consistent 0% officer compensation across all filings, indicating efficient use of funds at the executive level
- No reported liabilities across all available filings, suggesting a debt-free financial position
- Consistent filing of IRS Form 990s over 13 periods, demonstrating transparency
Frequently Asked Questions about Sozo International Inc
Is Sozo International Inc a legitimate charity?
Sozo International Inc (EIN: 200166014) is a registered tax-exempt nonprofit based in Indiana. Our AI analysis gives it a Mission Score of 60/100. It has 13 years of IRS 990 filings on record. Total revenue: $348K. 3 red flags identified. 3 strengths noted. Financial health grade: C.
How does Sozo International Inc spend its money?
Sozo International Inc directs 75% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to Sozo International Inc tax-deductible?
Sozo International Inc is registered as a tax-exempt nonprofit (EIN: 200166014). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Sozo International Inc's spending goes to programs?
Sozo International Inc directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Sozo International Inc compare to similar nonprofits?
With a transparency score of 60/100 (Good), Sozo International Inc is above average for NTEE category Q33 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Sozo International Inc located?
Sozo International Inc is headquartered in Evansville, Indiana and files with the IRS under EIN 200166014. It is classified under NTEE code Q33.
How many years of IRS 990 filings does Sozo International Inc have?
Sozo International Inc has 13 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 $348K in total revenue.
Is Sozo International Inc. a good charity?
While Sozo International Inc. demonstrates transparency through consistent 990 filings and has no reported officer compensation, its recent financial performance with expenses significantly exceeding revenue raises concerns about its long-term sustainability and ability to effectively deliver on its mission.
Why are expenses consistently higher than revenue in recent years?
From 2022 to 2023, Sozo International Inc. reported expenses of $697,128 and $689,131 respectively, while revenues were $536,103 and $348,110. This indicates a persistent operational deficit, which could be due to declining donations, increased program costs, or a combination of factors that would require a deeper dive into their detailed financial statements.
What caused the sharp decline in assets from 2022 to 2023?
The organization's assets decreased from $454,608 in 2022 to $113,587 in 2023. This significant drop, coupled with the operational deficits, suggests that the organization may be liquidating assets or drawing down reserves to cover ongoing expenses.
Filing History
IRS 990 filing history for Sozo International Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Sozo International Inc's revenue has declined by 70.5%, moving from $1.2M to $348K. Total assets decreased by 81% over the same period, from $599K to $114K. Total functional expenses fell by 51.6%, from $1.4M to $689K. In its most recent filing year (2023), Sozo International Inc reported a deficit of $341K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $348K | $689K | $114K | $0 | — | — |
| 2022 | $536K | $697K | $455K | $0 | — | View 990 |
| 2021 | $1.1M | $574K | $616K | $0 | — | View 990 |
| 2020 | $855K | $828K | $79K | $0 | — | — |
| 2019 | $1.1M | $1.2M | $64K | $11K | — | View 990 |
| 2018 | $1.2M | $1.4M | $216K | $10K | — | View 990 |
| 2017 | $1.2M | $1.4M | $372K | $20K | — | View 990 |
| 2016 | $1.5M | $1.5M | $625K | $50K | — | View 990 |
| 2015 | $1.4M | $1.2M | $604K | $46K | — | View 990 |
| 2014 | $912K | $901K | $372K | $50K | — | View 990 |
| 2013 | $1.1M | $1.0M | $369K | $58K | — | View 990 |
| 2012 | $850K | $1.2M | $430K | $158K | — | View 990 |
| 2011 | $1.2M | $1.4M | $599K | $2K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $348K, expenses of $689K, and assets of $114K (revenue -35.1% year-over-year).
- 2022: Revenue of $536K, expenses of $697K, and assets of $455K (revenue -51.7% year-over-year).
- 2021: Revenue of $1.1M, expenses of $574K, and assets of $616K (revenue +29.8% year-over-year).
- 2020: Revenue of $855K, expenses of $828K, and assets of $79K (revenue -19.5% year-over-year).
- 2019: Revenue of $1.1M, expenses of $1.2M, and assets of $64K (revenue -12.8% year-over-year).
- 2018: Revenue of $1.2M, expenses of $1.4M, and assets of $216K (revenue +4.6% year-over-year).
- 2017: Revenue of $1.2M, expenses of $1.4M, and assets of $372K (revenue -20.7% year-over-year).
- 2016: Revenue of $1.5M, expenses of $1.5M, and assets of $625K (revenue +5.1% year-over-year).
- 2015: Revenue of $1.4M, expenses of $1.2M, and assets of $604K (revenue +53.2% year-over-year).
- 2014: Revenue of $912K, expenses of $901K, and assets of $372K (revenue -15.2% year-over-year).
- 2013: Revenue of $1.1M, expenses of $1.0M, and assets of $369K (revenue +26.6% year-over-year).
- 2012: Revenue of $850K, expenses of $1.2M, and assets of $430K (revenue -27.9% year-over-year).
- 2011: Revenue of $1.2M, expenses of $1.4M, and assets of $599K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Sozo International Inc:
Data Sources and Methodology
This transparency report for Sozo International 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.