Spiller L Chaim Fund
Spiller L Chaim Fund shows strong asset growth and minimal expenses with no executive compensation.
EIN: 201261369 · Minneapolis, MN · NTEE: T22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $185K |
| Total Expenses | $39K |
| Program Spending | 90% |
| Net Assets | $687K |
| Transparency Score | 95/100 |
Is Spiller L Chaim Fund Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Spiller L Chaim Fund directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Spiller L Chaim Fund
Spiller L Chaim Fund (EIN: 201261369) is a nonprofit organization based in Minneapolis, MN, classified under NTEE code T22. The organization reported total revenue of $185K and total assets of $759K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Spiller L Chaim Fund's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Spiller L Chaim Fund is a small 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 14.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $74K |
| Total Expenses | $39K |
| Surplus / Deficit | +$34K |
| Total Assets | $687K |
| Total Liabilities | $1 |
| Net Assets | $687K |
| Operating Margin | 46.6% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 209.2 months |
Financial Health Grade: A
In 2023, Spiller L Chaim Fund reported a surplus of $34K with revenue exceeding expenses, holds 209.2 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), Spiller L Chaim Fund's revenue has grown at a compound annual growth rate (CAGR) of 14.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -41.3% | -2.2% | +5.3% |
| 2022 | +21.4% | +35.9% | +15.1% |
| 2021 | +43.9% | -3.6% | +15.0% |
| 2020 | -66.2% | +48.3% | +9.1% |
| 2019 | +755.5% | +46.6% | +152.0% |
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 Spiller L Chaim Fund with a Mission Score of 95 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: 90%
- fundraising: 0%
According to IRS 990 filings, Spiller L Chaim Fund allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. 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 $34K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation has consistently been reported as 0% across all available filings, indicating that no officers or key employees receive salaries from the organization, which is a strong positive for 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 Spiller L Chaim Fund:
- Consistent and significant asset growth, from $136,652 in 2011 to $759,202 currently.
- Zero officer compensation reported across all filings, indicating efficient use of funds.
- Extremely low liabilities, consistently reported as $1, demonstrating strong financial stability.
- High spending efficiency, with expenses often representing a small percentage of revenue.
- Consistent IRS 990 filing history, indicating good transparency and compliance.
Frequently Asked Questions about Spiller L Chaim Fund
Is Spiller L Chaim Fund a legitimate charity?
Based on AI analysis of IRS 990 filings, Spiller L Chaim Fund (EIN: 201261369) appears legitimate. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.
How does Spiller L Chaim Fund spend its money?
Spiller L Chaim Fund directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Spiller L Chaim Fund tax-deductible?
Spiller L Chaim Fund is registered as a tax-exempt nonprofit (EIN: 201261369). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Spiller L Chaim Fund compare to similar nonprofits?
With a transparency score of 95/100 (Excellent), Spiller L Chaim Fund is above average for NTEE category T22 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Spiller L Chaim Fund located?
Spiller L Chaim Fund is headquartered in Minneapolis, Minnesota and files with the IRS under EIN 201261369. It is classified under NTEE code T22.
How many years of IRS 990 filings does Spiller L Chaim Fund have?
Spiller L Chaim Fund 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 $185K in total revenue.
Is Spiller L Chaim Fund a good charity?
Based on the provided financial data, Spiller L Chaim Fund appears to be a very good charity. It demonstrates exceptional financial health, consistent asset growth, minimal liabilities, and zero executive compensation, indicating highly efficient use of funds.
How has the organization's financial health changed over time?
The organization's financial health has significantly improved over time, with assets growing from $136,652 in 2011 to $759,202 currently. Revenue has also shown substantial growth, albeit with some fluctuations, while expenses have remained relatively low compared to revenue.
What is the organization's spending efficiency?
The organization exhibits high spending efficiency. For example, in 2023, expenses ($39,413) were approximately 53% of revenue ($73,756), and in 2022, expenses ($40,285) were about 32% of revenue ($125,715). This indicates a significant portion of revenue is retained or directly applied to its mission.
Filing History
IRS 990 filing history for Spiller L Chaim Fund showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Spiller L Chaim Fund's revenue has grown by 383.2%, moving from $15K to $74K. Total assets increased by 402.9% over the same period, from $137K to $687K. Total functional expenses rose by 334.7%, from $9K to $39K. In its most recent filing year (2023), Spiller L Chaim Fund reported a surplus of $34K, with revenue exceeding expenses. The organization holds $1 in liabilities against $687K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $687K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $74K | $39K | $687K | $1 | — | View 990 |
| 2022 | $126K | $40K | $653K | $1 | — | View 990 |
| 2021 | $104K | $30K | $567K | $1 | — | — |
| 2020 | $72K | $31K | $494K | $1 | — | — |
| 2019 | $213K | $21K | $452K | $1 | — | View 990 |
| 2015 | $25K | $14K | $179K | $1 | — | View 990 |
| 2014 | $25K | $11K | $169K | $1 | — | View 990 |
| 2013 | $24K | $11K | $155K | $1 | — | View 990 |
| 2012 | $15K | $10K | $142K | $1 | — | View 990 |
| 2011 | $15K | $9K | $137K | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $74K, expenses of $39K, and assets of $687K (revenue -41.3% year-over-year).
- 2022: Revenue of $126K, expenses of $40K, and assets of $653K (revenue +21.4% year-over-year).
- 2021: Revenue of $104K, expenses of $30K, and assets of $567K (revenue +43.9% year-over-year).
- 2020: Revenue of $72K, expenses of $31K, and assets of $494K (revenue -66.2% year-over-year).
- 2019: Revenue of $213K, expenses of $21K, and assets of $452K (revenue +755.5% year-over-year).
- 2015: Revenue of $25K, expenses of $14K, and assets of $179K (revenue +0.4% year-over-year).
- 2014: Revenue of $25K, expenses of $11K, and assets of $169K (revenue +2.3% year-over-year).
- 2013: Revenue of $24K, expenses of $11K, and assets of $155K (revenue +65.6% year-over-year).
- 2012: Revenue of $15K, expenses of $10K, and assets of $142K (revenue -4.3% year-over-year).
- 2011: Revenue of $15K, expenses of $9K, and assets of $137K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Spiller L Chaim Fund:
Data Sources and Methodology
This transparency report for Spiller L Chaim Fund 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.