Sprouts Healthy Communities Foundation
EIN: 472975827 · Phoenix, AZ · NTEE: T70
| Metric | Value |
|---|---|
| Total Revenue | $14.0M |
| Total Expenses | $3.1M |
| Net Assets | $1.7M |
Is Sprouts Healthy Communities Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Sprouts Healthy Communities Foundation
Sprouts Healthy Communities Foundation (EIN: 472975827) is a nonprofit organization based in Phoenix, AZ, classified under NTEE code T70. The organization reported total revenue of $14.0M and total assets of $6.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Sprouts Healthy Communities Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Sprouts Healthy Communities Foundation is a large nonprofit that has been operating for 11 years, with 9 years of IRS 990 filings on record (2015–2023). Revenue has grown at a compound annual rate of 10.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $4.6M |
| Total Expenses | $3.1M |
| Surplus / Deficit | +$1.5M |
| Total Assets | $4.4M |
| Total Liabilities | $2.7M |
| Net Assets | $1.7M |
| Operating Margin | 32.4% |
| Debt-to-Asset Ratio | 61.1% |
| Months of Reserves | 17.1 months |
Financial Health Grade: A
In 2023, Sprouts Healthy Communities Foundation reported a surplus of $1.5M with revenue exceeding expenses, holds 17.1 months of operating reserves (strong position), has a debt-to-asset ratio of 61.1% (high leverage).
Financial Trends
Over 9 years of filings (2015–2023), Sprouts Healthy Communities Foundation's revenue has grown at a compound annual growth rate (CAGR) of 10.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +45.5% | -25.8% | +59.9% |
| 2022 | +3.9% | +9.6% | +2.4% |
| 2021 | -3.1% | +111.5% | +0.9% |
| 2020 | +38.1% | -49.8% | +61.4% |
| 2019 | -39.2% | +27.2% | -37.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2015 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Sprouts Healthy Communities 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 Sprouts Healthy Communities 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $1.5M, with revenue exceeding expenses.
- Debt-to-asset ratio: 61.1%.
Frequently Asked Questions about Sprouts Healthy Communities Foundation
Is Sprouts Healthy Communities Foundation a legitimate charity?
Sprouts Healthy Communities Foundation (EIN: 472975827) is a registered tax-exempt nonprofit based in Arizona. It has 9 years of IRS 990 filings on record. Total revenue: $14.0M. No red flags identified. Financial health grade: A.
How does Sprouts Healthy Communities Foundation spend its money?
Sprouts Healthy Communities Foundation reported $14.0M in total revenue in IRS 990 filings. 9 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Sprouts Healthy Communities Foundation tax-deductible?
Sprouts Healthy Communities Foundation is registered as a tax-exempt nonprofit (EIN: 472975827). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Sprouts Healthy Communities Foundation located?
Sprouts Healthy Communities Foundation is headquartered in Phoenix, Arizona and files with the IRS under EIN 472975827. It is classified under NTEE code T70.
How many years of IRS 990 filings does Sprouts Healthy Communities Foundation have?
Sprouts Healthy Communities Foundation has 9 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 $14.0M in total revenue.
Filing History
IRS 990 filing history for Sprouts Healthy Communities Foundation showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2015–2023), Sprouts Healthy Communities Foundation's revenue has grown by 118.1%, moving from $2.1M to $4.6M. Total assets increased by 545.1% over the same period, from $684K to $4.4M. Total functional expenses rose by 116.4%, from $1.4M to $3.1M. In its most recent filing year (2023), Sprouts Healthy Communities Foundation reported a surplus of $1.5M, with revenue exceeding expenses. The organization holds $2.7M in liabilities against $4.4M in assets (debt-to-asset ratio: 61.1%), resulting in net assets of $1.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $4.6M | $3.1M | $4.4M | $2.7M | — | — |
| 2022 | $3.1M | $4.2M | $2.8M | $2.5M | — | View 990 |
| 2021 | $3.0M | $3.8M | $2.7M | $1.4M | — | View 990 |
| 2020 | $3.1M | $1.8M | $2.7M | $640K | — | — |
| 2019 | $2.3M | $3.6M | $1.7M | $949K | — | View 990 |
| 2018 | $3.7M | $2.8M | $2.6M | $612K | — | View 990 |
| 2017 | $2.9M | $3.0M | $1.9M | $750K | — | — |
| 2016 | $2.6M | $2.2M | $1.5M | $378K | — | View 990 |
| 2015 | $2.1M | $1.4M | $684K | $14K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $4.6M, expenses of $3.1M, and assets of $4.4M (revenue +45.5% year-over-year).
- 2022: Revenue of $3.1M, expenses of $4.2M, and assets of $2.8M (revenue +3.9% year-over-year).
- 2021: Revenue of $3.0M, expenses of $3.8M, and assets of $2.7M (revenue -3.1% year-over-year).
- 2020: Revenue of $3.1M, expenses of $1.8M, and assets of $2.7M (revenue +38.1% year-over-year).
- 2019: Revenue of $2.3M, expenses of $3.6M, and assets of $1.7M (revenue -39.2% year-over-year).
- 2018: Revenue of $3.7M, expenses of $2.8M, and assets of $2.6M (revenue +26.6% year-over-year).
- 2017: Revenue of $2.9M, expenses of $3.0M, and assets of $1.9M (revenue +10.9% year-over-year).
- 2016: Revenue of $2.6M, expenses of $2.2M, and assets of $1.5M (revenue +26.2% year-over-year).
- 2015: Revenue of $2.1M, expenses of $1.4M, and assets of $684K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Sprouts Healthy Communities Foundation:
Data Sources and Methodology
This transparency report for Sprouts Healthy Communities 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.