Starrett Foundation 20475
EIN: 510270831 · Wilmington, DE
| Metric | Value |
|---|---|
| Total Revenue | $214K |
| Total Expenses | $370K |
| Net Assets | $2.8M |
Is Starrett Foundation 20475 Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Starrett Foundation 20475
Starrett Foundation 20475 (EIN: 510270831) is a nonprofit organization based in Wilmington, DE. The organization reported total revenue of $214K and total assets of $2.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Starrett Foundation 20475's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Starrett Foundation 20475 is a small nonprofit, with 8 years of IRS 990 filings on record (2010–2020). Revenue has grown at a compound annual rate of 0.3%.
Key Financial Metrics (2020)
From the most recent IRS 990 filing on record:
| Total Revenue | $214K |
| Total Expenses | $370K |
| Surplus / Deficit | $-155,768 |
| Total Assets | $2.8M |
| Total Liabilities | $1 |
| Net Assets | $2.8M |
| Operating Margin | -72.9% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 90.7 months |
Financial Health Grade: B
In 2020, Starrett Foundation 20475 reported a deficit of $156K with expenses exceeding revenue, holds 90.7 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 8 years of filings (2010–2020), Starrett Foundation 20475's revenue has grown at a compound annual growth rate (CAGR) of 0.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2020 | -29.6% | -3.1% | -5.0% |
| 2019 | +55.0% | +244.6% | +15.0% |
| 2015 | +21.7% | +46.5% | +4.4% |
| 2014 | +14.6% | -44.9% | -21.0% |
| 2013 | +6.3% | -7.2% | +0.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Starrett Foundation 20475 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 Starrett Foundation 20475 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 (2020)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $156K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Starrett Foundation 20475
Is Starrett Foundation 20475 a legitimate charity?
Starrett Foundation 20475 (EIN: 510270831) is a registered tax-exempt nonprofit based in Delaware. It has 8 years of IRS 990 filings on record. Total revenue: $214K. No red flags identified. Financial health grade: B.
How does Starrett Foundation 20475 spend its money?
Starrett Foundation 20475 reported $214K in total revenue in IRS 990 filings. 8 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Starrett Foundation 20475 tax-deductible?
Starrett Foundation 20475 is registered as a tax-exempt nonprofit (EIN: 510270831). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Starrett Foundation 20475 located?
Starrett Foundation 20475 is headquartered in Wilmington, Delaware and files with the IRS under EIN 510270831.
How many years of IRS 990 filings does Starrett Foundation 20475 have?
Starrett Foundation 20475 has 8 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 $214K in total revenue.
Filing History
IRS 990 filing history for Starrett Foundation 20475 showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2010–2020), Starrett Foundation 20475's revenue has grown by 3.1%, moving from $207K to $214K. Total assets decreased by 20% over the same period, from $3.5M to $2.8M. Total functional expenses rose by 16.6%, from $317K to $370K. In its most recent filing year (2020), Starrett Foundation 20475 reported a deficit of $156K, with expenses exceeding revenue. The organization holds $1 in liabilities against $2.8M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $2.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2020 | $214K | $370K | $2.8M | $1 | — | — |
| 2019 | $304K | $381K | $2.9M | $1 | — | View 990 |
| 2015 | $196K | $111K | $2.6M | $0 | — | View 990 |
| 2014 | $161K | $76K | $2.4M | $0 | — | View 990 |
| 2013 | $141K | $137K | $3.1M | $0 | — | View 990 |
| 2012 | $132K | $148K | $3.1M | $0 | — | View 990 |
| 2011 | $39K | $325K | $3.1M | $0 | — | View 990 |
| 2010 | $207K | $317K | $3.5M | $100K | — | View 990 |
Year-by-Year Financial Summary
- 2020: Revenue of $214K, expenses of $370K, and assets of $2.8M (revenue -29.6% year-over-year).
- 2019: Revenue of $304K, expenses of $381K, and assets of $2.9M (revenue +55.0% year-over-year).
- 2015: Revenue of $196K, expenses of $111K, and assets of $2.6M (revenue +21.7% year-over-year).
- 2014: Revenue of $161K, expenses of $76K, and assets of $2.4M (revenue +14.6% year-over-year).
- 2013: Revenue of $141K, expenses of $137K, and assets of $3.1M (revenue +6.3% year-over-year).
- 2012: Revenue of $132K, expenses of $148K, and assets of $3.1M (revenue +240.9% year-over-year).
- 2011: Revenue of $39K, expenses of $325K, and assets of $3.1M (revenue -81.3% year-over-year).
- 2010: Revenue of $207K, expenses of $317K, and assets of $3.5M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Starrett Foundation 20475:
Data Sources and Methodology
This transparency report for Starrett Foundation 20475 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.