Staky Foundation

Staky Foundation faces persistent operating deficits and declining assets.

EIN: 205840662 · Greenwood Vlg, CO · NTEE: T22 · Updated: 2026-03-28

$278KRevenue
$506KAssets
45/100Mission Score (Fair)
T22
Staky Foundation Financial Summary
MetricValue
Total Revenue$278K
Total Expenses$59K
Program Spending70%
Net Assets$459K
Transparency Score45/100

Is Staky Foundation Legit?

Significant Concerns

GoodFiling Consistency
GoodSpending Efficiency
ModerateTransparency
3 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Staky Foundation directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.

About Staky Foundation

Staky Foundation (EIN: 205840662) is a nonprofit organization based in Greenwood Vlg, CO, classified under NTEE code T22. The organization reported total revenue of $278K and total assets of $506K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Staky Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

19Years Operating
SmallSize Classification
10Years of Filings
MixedRevenue Trajectory

Staky Foundation is a small nonprofit that has been operating for 19 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -20.0%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$5K
Total Expenses$59K
Surplus / Deficit$-53,645
Total Assets$459K
Total Liabilities$1
Net Assets$459K
Operating Margin-1097.7%
Debt-to-Asset Ratio0.0%
Months of Reserves94.0 months

Financial Health Grade: B

In 2023, Staky Foundation reported a deficit of $54K with expenses exceeding revenue, holds 94.0 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), Staky Foundation's revenue has declined at a compound annual growth rate (CAGR) of -20.0%.

YearRevenue ChangeExpense ChangeAsset Change
2023-83.1%-3.9%-10.5%
2022-5.5%+7.9%-5.9%
2021+51.3%+13.4%-4.5%
2020-10.9%+4.3%-4.9%
2019-31.9%-1.7%-5.7%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date2007

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

The Staky Foundation exhibits a concerning financial trend, with expenses consistently exceeding revenue over the past several years. For instance, in 2023, the organization reported revenue of $4,887 against expenses of $58,532, indicating a significant operating deficit. This pattern of spending more than it takes in has led to a steady decline in assets, from $658,062 in 2011 to $458,582 in 2023. While the organization maintains a very low liability profile ($1 in recent years), the continuous depletion of assets raises questions about long-term sustainability and the ability to fund its mission effectively. The lack of reported officer compensation suggests a volunteer-driven leadership, which can be a positive for efficiency, but the overall financial trajectory is unsustainable without a significant increase in revenue or reduction in expenses. Spending efficiency is difficult to fully assess without a detailed breakdown of program, administrative, and fundraising expenses, which are not provided in the summary data. However, the consistent operating deficits suggest that current spending levels are not aligned with revenue generation. The organization's transparency appears adequate in terms of filing its IRS 990s, but the financial health indicates a need for strategic intervention to address the revenue-expense imbalance. The NTEE code T22 (Private Grantmaking Foundations) suggests its primary activity is grantmaking, which would typically involve distributing funds rather than incurring high operational expenses relative to revenue, further highlighting the financial imbalance.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Staky Foundation with a Mission Score of 45 out of 100 (Fair). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

  • admin: 20%
  • programs: 70%
  • fundraising: 10%

According to IRS 990 filings, Staky Foundation allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

$5KTotal Revenue
$59KTotal Expenses
$459KTotal Assets
$1Total Liabilities
$459KNet Assets
  • The organization reported a deficit of $54K, with expenses exceeding revenue.
  • Debt-to-asset ratio: 0.0%.

Executive Compensation Analysis

The Staky Foundation consistently reports 0% officer compensation, indicating that its leadership serves on a volunteer basis, which is a positive for minimizing administrative overhead relative to its size.

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 Staky Foundation's IRS 990 filings:

  • Consistent operating deficits (expenses exceeding revenue in most reported periods, e.g., $58,532 expenses vs. $4,887 revenue in 2023).
  • Steady decline in assets over time (from $658,062 in 2011 to $458,582 in 2023), indicating asset depletion.
  • Low and fluctuating revenue generation, making it difficult to cover expenses.

Strengths

The following positive indicators were identified for Staky Foundation:

  • Zero reported officer compensation, indicating volunteer leadership and low executive overhead.
  • Very low liabilities ($1 in recent years), suggesting good debt management.
  • Consistent IRS 990 filing history, demonstrating transparency in reporting.

Frequently Asked Questions about Staky Foundation

Is Staky Foundation a legitimate charity?

Staky Foundation (EIN: 205840662) is a registered tax-exempt nonprofit based in Colorado. Our AI analysis gives it a Mission Score of 45/100. It has 10 years of IRS 990 filings on record. Total revenue: $278K. 3 red flags identified. 3 strengths noted. Financial health grade: B.

How does Staky Foundation spend its money?

Staky Foundation directs 70% of its spending to programs and services. Fundraising costs 10%. This meets the 65% industry benchmark.

Are donations to Staky Foundation tax-deductible?

Staky Foundation is registered as a tax-exempt nonprofit (EIN: 205840662). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

What percentage of Staky Foundation's spending goes to programs?

Staky Foundation directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.

How does Staky Foundation compare to similar nonprofits?

With a transparency score of 45/100 (Fair), Staky Foundation is near average for NTEE category T22 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is Staky Foundation located?

Staky Foundation is headquartered in Greenwood Vlg, Colorado and files with the IRS under EIN 205840662. It is classified under NTEE code T22.

How many years of IRS 990 filings does Staky Foundation have?

Staky 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 $278K in total revenue.

Is Staky Foundation financially sustainable?

Based on the consistent trend of expenses exceeding revenue (e.g., $58,532 expenses vs. $4,887 revenue in 2023) and declining assets, the current financial model does not appear sustainable in the long term without significant changes.

What are the primary drivers of Staky Foundation's expenses?

The provided data does not offer a detailed breakdown of expenses beyond total expenses. Further analysis of the full 990 forms would be needed to understand the specific categories of spending.

How does Staky Foundation plan to address its revenue shortfalls?

The provided data does not include strategic plans or explanations for revenue generation. This would require reviewing the organization's public statements or full 990 filings for management's discussion and analysis.

Filing History

IRS 990 filing history for Staky Foundation showing financial trends over 10 years of public records:

Over 10 years of IRS 990 filings (2011–2023), Staky Foundation's revenue has declined by 93.1%, moving from $71K to $5K. Total assets decreased by 30.3% over the same period, from $658K to $459K. Total functional expenses rose by 51.6%, from $39K to $59K. In its most recent filing year (2023), Staky Foundation reported a deficit of $54K, with expenses exceeding revenue. The organization holds $1 in liabilities against $459K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $459K.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $5K $59K $459K $1 View 990
2022 $29K $61K $512K $1 View 990
2021 $31K $56K $544K $1
2020 $20K $50K $570K $1 View 990
2019 $23K $48K $600K $0 View 990
2015 $33K $49K $636K $0 View 990
2014 $26K $46K $651K $0 View 990
2013 $61K $49K $674K $0 View 990
2012 $59K $49K $668K $1 View 990
2011 $71K $39K $658K $1 View 990

Year-by-Year Financial Summary

  • 2023: Revenue of $5K, expenses of $59K, and assets of $459K (revenue -83.1% year-over-year).
  • 2022: Revenue of $29K, expenses of $61K, and assets of $512K (revenue -5.5% year-over-year).
  • 2021: Revenue of $31K, expenses of $56K, and assets of $544K (revenue +51.3% year-over-year).
  • 2020: Revenue of $20K, expenses of $50K, and assets of $570K (revenue -10.9% year-over-year).
  • 2019: Revenue of $23K, expenses of $48K, and assets of $600K (revenue -31.9% year-over-year).
  • 2015: Revenue of $33K, expenses of $49K, and assets of $636K (revenue +25.9% year-over-year).
  • 2014: Revenue of $26K, expenses of $46K, and assets of $651K (revenue -56.9% year-over-year).
  • 2013: Revenue of $61K, expenses of $49K, and assets of $674K (revenue +4.1% year-over-year).
  • 2012: Revenue of $59K, expenses of $49K, and assets of $668K (revenue -17.3% year-over-year).
  • 2011: Revenue of $71K, expenses of $39K, and assets of $658K.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Staky Foundation:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for Staky 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.

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