Stillwater Foundation Inc
Stillwater Foundation maintains strong assets and zero reported officer compensation amidst fluctuating revenues.
EIN: 203790741 · Stateline, NV · NTEE: T20 · Updated: 2026-03-28
Is Stillwater Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Stillwater Foundation Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Stillwater Foundation Inc
Stillwater Foundation Inc (EIN: 203790741) is a nonprofit organization based in Stateline, NV, classified under NTEE code T20. The organization reported total revenue of $1.2M and total assets of $3.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Stillwater Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Stillwater Foundation Inc with a Mission Score of 92 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, Stillwater Foundation Inc 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.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that officers are either unpaid or compensated through non-officer channels, which is highly favorable for directing funds to the mission.
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 Stillwater Foundation Inc's IRS 990 filings:
- Expenses exceeded revenue in 2023, indicating a potential reliance on reserves for operations that year.
Strengths
The following positive indicators were identified for Stillwater Foundation Inc:
- Consistent asset growth over a decade, reaching $3,186,258 in 2023.
- Extremely low liabilities, often reported as $1, indicating strong financial health.
- 0% reported officer compensation across all filings, maximizing funds for programs.
- Strong program focus due to minimal administrative overhead from executive salaries.
Frequently Asked Questions about Stillwater Foundation Inc
Is Stillwater Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Stillwater Foundation Inc (EIN: 203790741) some concerns. Mission Score: 92/100. 1 red flag identified, 4 strengths noted.
How does Stillwater Foundation Inc spend its money?
Stillwater Foundation Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Stillwater Foundation Inc tax-deductible?
Stillwater Foundation Inc is registered as a tax-exempt nonprofit (EIN: 203790741). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Stillwater Foundation Inc sustain operations with 0% officer compensation?
The consistent reporting of 0% officer compensation suggests that executive leadership may be volunteer-based, compensated through other non-officer categories, or that the organization has a unique operational model that minimizes executive salary expenses, allowing more funds for programs.
What caused the significant revenue increase in 2022 to $606,058?
The data shows a substantial jump in revenue in 2022 compared to prior years, indicating a potentially successful fundraising campaign, a large grant, or a significant donation received in that period.
Why did expenses exceed revenue in 2023?
In 2023, expenses ($331,661) surpassed revenue ($194,197). This could be due to strategic spending from accumulated reserves, one-time program costs, or a temporary dip in fundraising that year.
Filing History
IRS 990 filing history for Stillwater Foundation Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Stillwater Foundation Inc's revenue has grown by 12.8%, moving from $172K to $194K. Total assets increased by 21.1% over the same period, from $2.6M to $3.2M. Total functional expenses rose by 66.5%, from $199K to $332K. In its most recent filing year (2023), Stillwater Foundation Inc reported a deficit of $137K, with expenses exceeding revenue. The organization holds $1 in liabilities against $3.2M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $3.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $194K | $332K | $3.2M | $1 | — | — |
| 2022 | $606K | $359K | $3.3M | $1 | — | View 990 |
| 2021 | $433K | $322K | $3.1M | $1 | — | View 990 |
| 2020 | $300K | $323K | $3.0M | $1 | — | — |
| 2019 | $409K | $264K | $3.0M | $1 | — | View 990 |
| 2015 | $215K | $276K | $2.8M | $1 | — | View 990 |
| 2014 | $415K | $179K | $2.9M | $0 | — | View 990 |
| 2013 | $235K | $147K | $2.6M | $0 | — | View 990 |
| 2012 | $128K | $198K | $2.6M | $0 | — | View 990 |
| 2011 | $172K | $199K | $2.6M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $194K, expenses of $332K, and assets of $3.2M (revenue -68.0% year-over-year).
- 2022: Revenue of $606K, expenses of $359K, and assets of $3.3M (revenue +40.1% year-over-year).
- 2021: Revenue of $433K, expenses of $322K, and assets of $3.1M (revenue +44.4% year-over-year).
- 2020: Revenue of $300K, expenses of $323K, and assets of $3.0M (revenue -26.8% year-over-year).
- 2019: Revenue of $409K, expenses of $264K, and assets of $3.0M (revenue +90.5% year-over-year).
- 2015: Revenue of $215K, expenses of $276K, and assets of $2.8M (revenue -48.3% year-over-year).
- 2014: Revenue of $415K, expenses of $179K, and assets of $2.9M (revenue +76.7% year-over-year).
- 2013: Revenue of $235K, expenses of $147K, and assets of $2.6M (revenue +83.8% year-over-year).
- 2012: Revenue of $128K, expenses of $198K, and assets of $2.6M (revenue -25.7% year-over-year).
- 2011: Revenue of $172K, expenses of $199K, and assets of $2.6M.
Data Sources and Methodology
This transparency report for Stillwater Foundation Inc 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.