Streamway Foundation Trust
Streamway Foundation Trust: Minimal Program Spending Despite Asset Growth
EIN: 222950915 · Saxtons River, VT · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $165K |
| Total Expenses | $103K |
| Net Assets | $949K |
| Transparency Score | 30/100 |
Is Streamway Foundation Trust Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Streamway Foundation Trust
Streamway Foundation Trust (EIN: 222950915) is a nonprofit organization based in Saxtons River, VT. The organization reported total revenue of $165K and total assets of $954K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Streamway Foundation Trust's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Streamway Foundation Trust is a small nonprofit that has been operating for 37 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 13.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $81K |
| Total Expenses | $103K |
| Surplus / Deficit | $-22,137 |
| Total Assets | $949K |
| Total Liabilities | $1 |
| Net Assets | $949K |
| Operating Margin | -27.4% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 110.6 months |
Financial Health Grade: B
In 2023, Streamway Foundation Trust reported a deficit of $22K with expenses exceeding revenue, holds 110.6 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), Streamway Foundation Trust's revenue has grown at a compound annual growth rate (CAGR) of 13.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +2047.2% | +429.8% | -2.8% |
| 2022 | -74.5% | +11.8% | -1.3% |
| 2021 | -37.1% | -37.7% | -0.3% |
| 2020 | -77.3% | +33.5% | -0.8% |
| 2019 | +92.5% | -16.4% | +1.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1989 |
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 Streamway Foundation Trust with a Mission Score of 30 out of 100 (Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 100%
- programs: 0%
- fundraising: 0%
According to IRS 990 filings, Streamway Foundation Trust allocates its expenses as follows: admin: 100%, programs: 0%, fundraising: 0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $22K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is not reported in the available filings, which is typical for private foundations that do not have paid employees or report compensation for trustees.
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 Streamway Foundation Trust's IRS 990 filings:
- Consistent $0 program service expenses reported across all available 990-PF filings (e.g., 2023: $0, 2022: $0).
- Total expenses are consistently low relative to assets and revenue, suggesting minimal operational activity or mission-related spending.
- Lack of clarity on how 'other expenses' (e.g., $103,021 in 2023) contribute to charitable purpose.
- Significant asset base (e.g., $953,522 in 2023) with no apparent charitable distributions or program activities.
Strengths
The following positive indicators were identified for Streamway Foundation Trust:
- Maintains a healthy asset base, indicating financial stability.
- Low administrative and fundraising costs, as all expenses are categorized as administrative.
- No reported liabilities, indicating a strong balance sheet.
Frequently Asked Questions about Streamway Foundation Trust
Is Streamway Foundation Trust a legitimate charity?
Based on AI analysis of IRS 990 filings, Streamway Foundation Trust (EIN: 222950915) significant concerns. Mission Score: 30/100. 4 red flags identified, 3 strengths noted.
How does Streamway Foundation Trust spend its money?
Detailed spending breakdown data is not yet available for Streamway Foundation Trust. Check back for updated IRS 990 analysis.
Are donations to Streamway Foundation Trust tax-deductible?
Streamway Foundation Trust is registered as a tax-exempt nonprofit (EIN: 222950915). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Streamway Foundation Trust located?
Streamway Foundation Trust is headquartered in Saxtons River, Vermont and files with the IRS under EIN 222950915.
How many years of IRS 990 filings does Streamway Foundation Trust have?
Streamway Foundation Trust 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 $165K in total revenue.
What does Streamway Foundation Trust do?
Streamway Foundation Trust is a nonprofit organization in the Unknown sector, located in Saxtons River, Vermont. It is classified under NTEE code Unknown.
How much revenue does Streamway Foundation Trust have?
Streamway Foundation Trust reported total revenue of $164,572. Based on 10 IRS 990 filings on record.
What are Streamway Foundation Trust's total assets?
Streamway Foundation Trust holds total assets of $953,522 as reported in IRS 990 filings.
Where is Streamway Foundation Trust located?
Streamway Foundation Trust is based in Saxtons River, Vermont.
What is Streamway Foundation Trust's EIN?
Streamway Foundation Trust's Employer Identification Number (EIN) is 222950915. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Streamway Foundation Trust?
Streamway Foundation Trust is classified under NTEE code Unknown (Unknown).
Is Streamway Foundation Trust a registered 501(c)(3)?
Streamway Foundation Trust appears in IRS records (EIN: 222950915). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Streamway Foundation Trust file IRS Form 990?
Yes, Streamway Foundation Trust has 10 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Streamway Foundation Trust's revenue in 2023?
In the 202312 filing period, Streamway Foundation Trust reported total revenue of $80,884, total expenses of $103,021, and net assets of $949,470.
Is Streamway Foundation Trust's revenue growing or declining?
Streamway Foundation Trust's revenue is growing. Revenue went from $3,767 (202212) to $80,884 (202312), a +2047.2% change. Based on 10 filings on record.
What is Streamway Foundation Trust's most recent 990 filing?
The most recent IRS Form 990 filing for Streamway Foundation Trust covers tax period 202312. It shows revenue of $80,884, expenses of $103,021, total assets of $949,470, and liabilities of $1.
Is Streamway Foundation Trust a trustworthy charity?
Based on AI analysis of IRS 990 data, Streamway Foundation Trust has notable concerns. Mission Score: 30/100 (Poor). 4 red flags identified. 3 strengths noted.
What are the red flags for Streamway Foundation Trust?
The following concerns were identified: Consistent $0 program service expenses reported across all available 990-PF filings (e.g., 2023: $0, 2022: $0).. Total expenses are consistently low relative to assets and revenue, suggesting minimal operational activity or mission-related spending.. Lack of clarity on how 'other expenses' (e.g., $103,021 in 2023) contribute to charitable purpose.. Significant asset base (e.g., $953,522 in 2023) with no apparent charitable distributions or program activities.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Streamway Foundation Trust's strengths?
Positive indicators for Streamway Foundation Trust include: Maintains a healthy asset base, indicating financial stability.. Low administrative and fundraising costs, as all expenses are categorized as administrative.. No reported liabilities, indicating a strong balance sheet.. These findings are derived from AI analysis of the organization's financial filings.
How does Streamway Foundation Trust compensate executives?
Executive compensation is not reported in the available filings, which is typical for private foundations that do not have paid employees or report compensation for trustees. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the consistent reporting of $0 in program service expenses, what is the actual charitable activity or purpose Streamway Foundation Trust fulfills?
The filings do not provide any details on charitable activities or grants made. All reported expenses are administrative, raising questions about the foundation's operational charitable impact.
How does Streamway Foundation Trust justify its tax-exempt status as a private foundation without any reported program service expenses or charitable distributions?
The filings do not offer an explanation for the lack of program spending. Private foundations are generally required to distribute a minimum amount of their assets for charitable purposes annually, which is not evident in the expense breakdown.
Filing History
IRS 990 filing history for Streamway Foundation Trust showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Streamway Foundation Trust's revenue has grown by 364.5%, moving from $17K to $81K. Total assets increased by 811.9% over the same period, from $104K to $949K. Total functional expenses rose by 668.2%, from $13K to $103K. In its most recent filing year (2023), Streamway Foundation Trust reported a deficit of $22K, with expenses exceeding revenue. The organization holds $1 in liabilities against $949K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $949K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $81K | $103K | $949K | $1 | — | — |
| 2022 | $4K | $19K | $977K | $1 | — | View 990 |
| 2021 | $15K | $17K | $990K | $1 | — | View 990 |
| 2020 | $23K | $28K | $993K | $1 | — | View 990 |
| 2019 | $103K | $21K | $1.0M | $1 | — | View 990 |
| 2015 | $54K | $25K | $987K | $202K | — | View 990 |
| 2014 | $236K | $11K | $757K | $0 | — | View 990 |
| 2013 | $291K | $5K | $536K | $4K | — | View 990 |
| 2012 | $146K | $4K | $246K | $1 | — | View 990 |
| 2011 | $17K | $13K | $104K | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $81K, expenses of $103K, and assets of $949K (revenue +2047.2% year-over-year).
- 2022: Revenue of $4K, expenses of $19K, and assets of $977K (revenue -74.5% year-over-year).
- 2021: Revenue of $15K, expenses of $17K, and assets of $990K (revenue -37.1% year-over-year).
- 2020: Revenue of $23K, expenses of $28K, and assets of $993K (revenue -77.3% year-over-year).
- 2019: Revenue of $103K, expenses of $21K, and assets of $1.0M (revenue +92.5% year-over-year).
- 2015: Revenue of $54K, expenses of $25K, and assets of $987K (revenue -77.2% year-over-year).
- 2014: Revenue of $236K, expenses of $11K, and assets of $757K (revenue -18.8% year-over-year).
- 2013: Revenue of $291K, expenses of $5K, and assets of $536K (revenue +99.7% year-over-year).
- 2012: Revenue of $146K, expenses of $4K, and assets of $246K (revenue +736.1% year-over-year).
- 2011: Revenue of $17K, expenses of $13K, and assets of $104K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Streamway Foundation Trust:
Data Sources and Methodology
This transparency report for Streamway Foundation Trust 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.