Springfield School Volunteers Foundation Incorporated
Springfield School Volunteers Foundation consistently reports $0 expenses despite accumulating assets and revenue.
EIN: 201503384 · Springfield, MA · NTEE: B42 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.0M |
| Net Assets | $1.0M |
| Transparency Score | 20/100 |
Is Springfield School Volunteers Foundation Incorporated Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Springfield School Volunteers Foundation Incorporated
Springfield School Volunteers Foundation Incorporated (EIN: 201503384) is a nonprofit organization based in Springfield, MA, classified under NTEE code B42. The organization reported total revenue of $1.0M and total assets of $1.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Springfield School Volunteers Foundation Incorporated's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Springfield School Volunteers Foundation Incorporated is a mid-size nonprofit that has been operating for 22 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -2.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $28K |
| Total Expenses | $0 |
| Surplus / Deficit | +$28K |
| Total Assets | $1.0M |
| Net Assets | $1.0M |
| Operating Margin | 100.0% |
Financial Health Grade: A
In 2023, Springfield School Volunteers Foundation Incorporated reported a surplus of $28K with revenue exceeding expenses.
Financial Trends
Over 13 years of filings (2011–2023), Springfield School Volunteers Foundation Incorporated's revenue has declined at a compound annual growth rate (CAGR) of -2.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -23.1% | — | +14.9% |
| 2022 | -20.6% | — | -14.2% |
| 2021 | -74.4% | — | +12.3% |
| 2020 | +1097.5% | — | +10.4% |
| 2019 | -3.2% | — | +14.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| 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 Springfield School Volunteers Foundation Incorporated with a Mission Score of 20 out of 100 (Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 0%
- programs: 0%
- fundraising: 0%
According to IRS 990 filings, Springfield School Volunteers Foundation Incorporated allocates its expenses as follows: admin: 0%, programs: 0%, fundraising: 0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
Executive Compensation Analysis
Executive compensation is reported as 0% across all filings, indicating that no officers are receiving salaries from the organization, which is a positive for minimizing overhead related to leadership pay.
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 Springfield School Volunteers Foundation Incorporated's IRS 990 filings:
- Consistent reporting of $0 expenses across all filings, despite revenue generation and asset growth.
- Lack of clarity on how the organization's mission is being fulfilled without any reported financial outlays.
- Inability to assess spending efficiency or program ratio due to zero reported expenses.
Strengths
The following positive indicators were identified for Springfield School Volunteers Foundation Incorporated:
- Consistent asset growth from $662,477 in 2015 to $1,048,409 in 2023.
- 0% officer compensation reported, indicating no executive salaries are paid by the organization.
Frequently Asked Questions about Springfield School Volunteers Foundation Incorporated
Is Springfield School Volunteers Foundation Incorporated a legitimate charity?
Based on AI analysis of IRS 990 filings, Springfield School Volunteers Foundation Incorporated (EIN: 201503384) significant concerns. Mission Score: 20/100. 3 red flags identified, 2 strengths noted.
How does Springfield School Volunteers Foundation Incorporated spend its money?
Detailed spending breakdown data is not yet available for Springfield School Volunteers Foundation Incorporated. Check back for updated IRS 990 analysis.
Are donations to Springfield School Volunteers Foundation Incorporated tax-deductible?
Springfield School Volunteers Foundation Incorporated is registered as a tax-exempt nonprofit (EIN: 201503384). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Springfield School Volunteers Foundation Incorporated compare to similar nonprofits?
With a transparency score of 20/100 (Poor), Springfield School Volunteers Foundation Incorporated is below average for NTEE category B42 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Springfield School Volunteers Foundation Incorporated located?
Springfield School Volunteers Foundation Incorporated is headquartered in Springfield, Massachusetts and files with the IRS under EIN 201503384. It is classified under NTEE code B42.
How many years of IRS 990 filings does Springfield School Volunteers Foundation Incorporated have?
Springfield School Volunteers Foundation Incorporated 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 $1.0M in total revenue.
How does Springfield School Volunteers Foundation Incorporated operate with $0 reported expenses?
The IRS 990 filings consistently show $0 in expenses, which is highly unusual for an active nonprofit. This suggests either that all operational costs are covered by an external entity, or that the organization's activities are entirely volunteer-driven without any financial outlays, or there's an issue with reporting.
What programs or services does the organization provide if no expenses are incurred?
Without any reported expenses, it is unclear what specific programs or services the Springfield School Volunteers Foundation Incorporated is actively funding or delivering. The filings do not provide insight into how their mission is being achieved financially.
Is the organization transparent about its financial operations?
The consistent reporting of $0 expenses, despite revenue and asset growth, significantly hinders financial transparency. It makes it impossible for stakeholders to understand how funds are being used or if the organization is actively engaged in its stated mission through financial means.
Filing History
IRS 990 filing history for Springfield School Volunteers Foundation Incorporated showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Springfield School Volunteers Foundation Incorporated's revenue has declined by 28.9%, moving from $39K to $28K. Total assets increased by 97.1% over the same period, from $532K to $1.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $28K | $0 | $1.0M | $0 | — | — |
| 2022 | $36K | $0 | $913K | $0 | — | View 990 |
| 2021 | $46K | $0 | $1.1M | $0 | — | View 990 |
| 2020 | $178K | $0 | $948K | $0 | — | View 990 |
| 2019 | $15K | $0 | $859K | $0 | — | View 990 |
| 2018 | $15K | $0 | $753K | $0 | — | View 990 |
| 2017 | $11K | $0 | $777K | $0 | — | View 990 |
| 2016 | $7K | $0 | $706K | $0 | — | View 990 |
| 2015 | $10K | $0 | $662K | $0 | — | View 990 |
| 2014 | $12K | $0 | $666K | $0 | — | View 990 |
| 2013 | $17K | $0 | $638K | $0 | — | View 990 |
| 2012 | $30K | $0 | $569K | $0 | — | View 990 |
| 2011 | $39K | $0 | $532K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $28K, expenses of $0, and assets of $1.0M (revenue -23.1% year-over-year).
- 2022: Revenue of $36K, expenses of $0, and assets of $913K (revenue -20.6% year-over-year).
- 2021: Revenue of $46K, expenses of $0, and assets of $1.1M (revenue -74.4% year-over-year).
- 2020: Revenue of $178K, expenses of $0, and assets of $948K (revenue +1097.5% year-over-year).
- 2019: Revenue of $15K, expenses of $0, and assets of $859K (revenue -3.2% year-over-year).
- 2018: Revenue of $15K, expenses of $0, and assets of $753K (revenue +43.6% year-over-year).
- 2017: Revenue of $11K, expenses of $0, and assets of $777K (revenue +42.5% year-over-year).
- 2016: Revenue of $7K, expenses of $0, and assets of $706K (revenue -26.1% year-over-year).
- 2015: Revenue of $10K, expenses of $0, and assets of $662K (revenue -16.0% year-over-year).
- 2014: Revenue of $12K, expenses of $0, and assets of $666K (revenue -27.3% year-over-year).
- 2013: Revenue of $17K, expenses of $0, and assets of $638K (revenue -44.5% year-over-year).
- 2012: Revenue of $30K, expenses of $0, and assets of $569K (revenue -23.6% year-over-year).
- 2011: Revenue of $39K, expenses of $0, and assets of $532K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Springfield School Volunteers Foundation Incorporated:
Data Sources and Methodology
This transparency report for Springfield School Volunteers Foundation Incorporated 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.