Straight Caribbean Spine Foundation
Straight Caribbean Spine Foundation consistently directs funds to programs with no reported officer compensation.
EIN: 161770004 · Norwalk, CT · NTEE: T22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $112K |
| Total Expenses | $51K |
| Program Spending | 90% |
| Net Assets | $43K |
| Transparency Score | 85/100 |
Is Straight Caribbean Spine Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Straight Caribbean Spine Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Straight Caribbean Spine Foundation
Straight Caribbean Spine Foundation (EIN: 161770004) is a nonprofit organization based in Norwalk, CT, classified under NTEE code T22. The organization reported total revenue of $112K and total assets of $93K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Straight Caribbean Spine Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Straight Caribbean Spine Foundation is a small nonprofit that has been operating for 19 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 5.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $56K |
| Total Expenses | $51K |
| Surplus / Deficit | +$5K |
| Total Assets | $44K |
| Total Liabilities | $1K |
| Net Assets | $43K |
| Operating Margin | 8.3% |
| Debt-to-Asset Ratio | 2.6% |
| Months of Reserves | 10.2 months |
Financial Health Grade: A
In 2023, Straight Caribbean Spine Foundation reported a surplus of $5K with revenue exceeding expenses, holds 10.2 months of operating reserves (strong position), has a debt-to-asset ratio of 2.6% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Straight Caribbean Spine Foundation's revenue has grown at a compound annual growth rate (CAGR) of 5.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +27.3% | +16.3% | +9.5% |
| 2022 | +57.1% | +55.1% | +4.2% |
| 2021 | -47.4% | +195.6% | -2.3% |
| 2020 | +26.7% | -83.7% | — |
| 2019 | -10.6% | +45.4% | -104.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
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 Straight Caribbean Spine Foundation with a Mission Score of 85 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Straight Caribbean Spine Foundation allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $5K, with revenue exceeding expenses.
- Debt-to-asset ratio: 2.6%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that the organization's leadership is either unpaid or compensated through other means not reported as officer compensation, which is highly efficient for a small nonprofit.
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 Straight Caribbean Spine Foundation's IRS 990 filings:
- Small asset base for long-term sustainability planning
Strengths
The following positive indicators were identified for Straight Caribbean Spine Foundation:
- Consistent 0% officer compensation, indicating high efficiency
- Strong program spending ratio
- Positive net income in recent years (e.g., 2023 revenue $55,996 vs. expenses $51,363)
- Healthy asset-to-liability ratio (e.g., 2023 assets $43,784 vs. liabilities $1,130)
- Excellent transparency with 13 available IRS 990 filings
Frequently Asked Questions about Straight Caribbean Spine Foundation
Is Straight Caribbean Spine Foundation a legitimate charity?
Straight Caribbean Spine Foundation (EIN: 161770004) is a registered tax-exempt nonprofit based in Connecticut. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $112K. 1 red flag identified. 5 strengths noted. Financial health grade: A.
How does Straight Caribbean Spine Foundation spend its money?
Straight Caribbean Spine Foundation directs 90% of its spending to programs and services. Fundraising costs 3%. This exceeds the 65% industry benchmark.
Are donations to Straight Caribbean Spine Foundation tax-deductible?
Straight Caribbean Spine Foundation is registered as a tax-exempt nonprofit (EIN: 161770004). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Straight Caribbean Spine Foundation's spending goes to programs?
Straight Caribbean Spine Foundation directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Straight Caribbean Spine Foundation compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Straight Caribbean Spine Foundation is above average for NTEE category T22 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Straight Caribbean Spine Foundation located?
Straight Caribbean Spine Foundation is headquartered in Norwalk, Connecticut and files with the IRS under EIN 161770004. It is classified under NTEE code T22.
How many years of IRS 990 filings does Straight Caribbean Spine Foundation have?
Straight Caribbean Spine Foundation 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 $112K in total revenue.
Is Straight Caribbean Spine Foundation a good charity?
Based on its financial data, the Straight Caribbean Spine Foundation appears to be a good charity. It consistently reports 0% officer compensation, indicating high efficiency in directing funds to its mission. Its program spending is robust relative to its overall expenses, and it maintains a healthy asset-to-liability ratio.
How does the organization manage its administrative costs?
The organization manages its administrative costs very efficiently, as evidenced by the consistent reporting of 0% officer compensation in all available IRS 990 filings. This suggests a strong commitment to minimizing overhead and maximizing program impact.
What is the trend in the organization's revenue and expenses?
The organization's revenue and expenses have fluctuated over the years. For example, revenue increased from $28,000 in 2021 to $55,996 in 2023. Expenses have generally tracked revenue, with the organization maintaining a positive net income in recent years, such as in 2023 where revenue ($55,996) exceeded expenses ($51,363).
Filing History
IRS 990 filing history for Straight Caribbean Spine Foundation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Straight Caribbean Spine Foundation's revenue has grown by 86.7%, moving from $30K to $56K. Total assets increased by 371.7% over the same period, from $9K to $44K. Total functional expenses rose by 81.3%, from $28K to $51K. In its most recent filing year (2023), Straight Caribbean Spine Foundation reported a surplus of $5K, with revenue exceeding expenses. The organization holds $1K in liabilities against $44K in assets (debt-to-asset ratio: 2.6%), resulting in net assets of $43K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $56K | $51K | $44K | $1K | — | — |
| 2022 | $44K | $44K | $40K | $2K | — | View 990 |
| 2021 | $28K | $28K | $38K | $188 | — | View 990 |
| 2020 | $53K | $10K | $39K | $643 | — | — |
| 2019 | $42K | $59K | $-601 | $4K | — | View 990 |
| 2018 | $47K | $41K | $14K | $2K | — | View 990 |
| 2017 | $73K | $69K | $5K | $0 | — | — |
| 2016 | $24K | $26K | $2K | $0 | — | View 990 |
| 2015 | $26K | $28K | $4K | $0 | — | View 990 |
| 2014 | $37K | $36K | $6K | $0 | — | View 990 |
| 2013 | $39K | $46K | $6K | $0 | — | View 990 |
| 2012 | $35K | $32K | $13K | $0 | — | View 990 |
| 2011 | $30K | $28K | $9K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $56K, expenses of $51K, and assets of $44K (revenue +27.3% year-over-year).
- 2022: Revenue of $44K, expenses of $44K, and assets of $40K (revenue +57.1% year-over-year).
- 2021: Revenue of $28K, expenses of $28K, and assets of $38K (revenue -47.4% year-over-year).
- 2020: Revenue of $53K, expenses of $10K, and assets of $39K (revenue +26.7% year-over-year).
- 2019: Revenue of $42K, expenses of $59K, and assets of $-601 (revenue -10.6% year-over-year).
- 2018: Revenue of $47K, expenses of $41K, and assets of $14K (revenue -35.3% year-over-year).
- 2017: Revenue of $73K, expenses of $69K, and assets of $5K (revenue +207.9% year-over-year).
- 2016: Revenue of $24K, expenses of $26K, and assets of $2K (revenue -10.0% year-over-year).
- 2015: Revenue of $26K, expenses of $28K, and assets of $4K (revenue -28.2% year-over-year).
- 2014: Revenue of $37K, expenses of $36K, and assets of $6K (revenue -7.1% year-over-year).
- 2013: Revenue of $39K, expenses of $46K, and assets of $6K (revenue +11.9% year-over-year).
- 2012: Revenue of $35K, expenses of $32K, and assets of $13K (revenue +17.2% year-over-year).
- 2011: Revenue of $30K, expenses of $28K, and assets of $9K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Straight Caribbean Spine Foundation:
Data Sources and Methodology
This transparency report for Straight Caribbean Spine 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.