Sts Foundation
Sts Foundation consistently spends more than it earns, relying on substantial assets while reporting no officer compensation.
EIN: 202045581 · Chicago, IL · NTEE: T22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $723K |
| Total Expenses | $684K |
| Program Spending | 80% |
| Net Assets | $5.9M |
| Transparency Score | 70/100 |
Is Sts Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Sts Foundation directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Sts Foundation
Sts Foundation (EIN: 202045581) is a nonprofit organization based in Chicago, IL, classified under NTEE code T22. The organization reported total revenue of $723K and total assets of $6.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Sts Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Sts Foundation is a small nonprofit that has been operating for 21 years, with 8 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 7.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $861K |
| Total Expenses | $684K |
| Surplus / Deficit | +$177K |
| Total Assets | $5.9M |
| Total Liabilities | $1 |
| Net Assets | $5.9M |
| Operating Margin | 20.6% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 104.0 months |
Financial Health Grade: A
In 2023, Sts Foundation reported a surplus of $177K with revenue exceeding expenses, holds 104.0 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 (2011–2023), Sts Foundation's revenue has grown at a compound annual growth rate (CAGR) of 7.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +112.8% | -2.9% | +3.7% |
| 2022 | +66.9% | +18.3% | -3.8% |
| 2021 | -41.9% | +7.7% | -1.8% |
| 2020 | +38.9% | -10.5% | +0.4% |
| 2019 | -1.1% | +23.6% | -10.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2005 |
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 Sts Foundation with a Mission Score of 70 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Sts Foundation allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% 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 $177K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Sts Foundation reports 0% officer compensation across all available filing periods, indicating that no salaries or other compensation were paid to officers, directors, trustees, or key employees. This suggests a volunteer-led or extremely lean executive structure, which can maximize funds available for programmatic activities.
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 Sts Foundation's IRS 990 filings:
- Consistent operational deficits (expenses exceeding revenue) in multiple years, such as 2022 ($705,028 expenses vs. $404,696 revenue) and 2021 ($595,782 expenses vs. $242,459 revenue).
- Significant decline in assets from $6,868,846 in 2011 to $5,929,253 in 2023, potentially due to covering operational deficits.
Strengths
The following positive indicators were identified for Sts Foundation:
- Zero officer compensation reported across all filings, indicating efficient use of funds at the executive level.
- Maintains a substantial asset base ($5,929,253 in 2023) providing financial stability despite operational deficits.
- Consistently low liabilities ($1 in recent years) indicating minimal debt burden.
- Regular and timely IRS Form 990 filings, demonstrating transparency and compliance.
Frequently Asked Questions about Sts Foundation
Is Sts Foundation a legitimate charity?
Sts Foundation (EIN: 202045581) is a registered tax-exempt nonprofit based in Illinois. Our AI analysis gives it a Mission Score of 70/100. It has 8 years of IRS 990 filings on record. Total revenue: $723K. 2 red flags identified. 4 strengths noted. Financial health grade: A.
How does Sts Foundation spend its money?
Sts Foundation directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Sts Foundation tax-deductible?
Sts Foundation is registered as a tax-exempt nonprofit (EIN: 202045581). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Sts Foundation's spending goes to programs?
Sts Foundation directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Sts Foundation compare to similar nonprofits?
With a transparency score of 70/100 (Good), Sts 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 Sts Foundation located?
Sts Foundation is headquartered in Chicago, Illinois and files with the IRS under EIN 202045581. It is classified under NTEE code T22.
How many years of IRS 990 filings does Sts Foundation have?
Sts Foundation 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 $723K in total revenue.
How does Sts Foundation cover its operational deficits, given that expenses frequently exceed revenue?
The organization likely covers its operational deficits by drawing from its substantial asset base, which was $5,929,253 in 2023. This strategy is sustainable as long as the asset base remains robust and deficits are managed.
What is the specific nature of Sts Foundation's programs (NTEE Code T22)?
NTEE Code T22 generally refers to 'Foundations, Grantmaking & Giving Services - Private Grantmaking Foundations'. This indicates the organization primarily provides grants to other entities rather than directly operating programs.
What is the reason for the significant fluctuation in annual revenue, such as the jump from $242,459 in 2021 to $861,379 in 2023?
Such fluctuations could be due to large, infrequent grants, significant investment returns (though not explicitly detailed as revenue), or changes in fundraising strategies. Without more detailed revenue breakdowns, the exact cause is unclear.
How does the organization manage to operate without any reported officer compensation?
The absence of officer compensation suggests that executive leadership roles may be filled by volunteers, or that compensation is covered by an affiliated entity, or that the organization has a very small, non-compensated leadership team.
Filing History
IRS 990 filing history for Sts Foundation showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2011–2023), Sts Foundation's revenue has grown by 129.9%, moving from $375K to $861K. Total assets decreased by 13.7% over the same period, from $6.9M to $5.9M. Total functional expenses rose by 50.4%, from $455K to $684K. In its most recent filing year (2023), Sts Foundation reported a surplus of $177K, with revenue exceeding expenses. The organization holds $1 in liabilities against $5.9M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $5.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $861K | $684K | $5.9M | $1 | — | — |
| 2022 | $405K | $705K | $5.7M | $1 | — | View 990 |
| 2021 | $242K | $596K | $5.9M | $1 | — | View 990 |
| 2020 | $417K | $553K | $6.1M | $1 | — | View 990 |
| 2019 | $301K | $618K | $6.0M | $1 | — | — |
| 2013 | $304K | $500K | $6.7M | $0 | — | View 990 |
| 2012 | $449K | $476K | $6.8M | $0 | — | View 990 |
| 2011 | $375K | $455K | $6.9M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $861K, expenses of $684K, and assets of $5.9M (revenue +112.8% year-over-year).
- 2022: Revenue of $405K, expenses of $705K, and assets of $5.7M (revenue +66.9% year-over-year).
- 2021: Revenue of $242K, expenses of $596K, and assets of $5.9M (revenue -41.9% year-over-year).
- 2020: Revenue of $417K, expenses of $553K, and assets of $6.1M (revenue +38.9% year-over-year).
- 2019: Revenue of $301K, expenses of $618K, and assets of $6.0M (revenue -1.1% year-over-year).
- 2013: Revenue of $304K, expenses of $500K, and assets of $6.7M (revenue -32.4% year-over-year).
- 2012: Revenue of $449K, expenses of $476K, and assets of $6.8M (revenue +19.9% year-over-year).
- 2011: Revenue of $375K, expenses of $455K, and assets of $6.9M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Sts Foundation:
Data Sources and Methodology
This transparency report for Sts 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.