Sturgis Charitable Tr
Sturgis Charitable Tr maintains substantial assets despite fluctuating annual revenues and consistent operational deficits in recent years.
EIN: 206618761 · Birmingham, AL · NTEE: T22 · Updated: 2026-03-28
Is Sturgis Charitable Tr Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Sturgis Charitable Tr directs 95% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Sturgis Charitable Tr
Sturgis Charitable Tr (EIN: 206618761) is a nonprofit organization based in Birmingham, AL, classified under NTEE code T22. The organization reported total revenue of $8.7M and total assets of $27.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Sturgis Charitable Tr's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Sturgis Charitable Tr is a mid-size nonprofit that has been operating for 6 years, with 8 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of -6.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.0M |
| Total Expenses | $2.2M |
| Surplus / Deficit | $-1,204,337 |
| Total Assets | $28.5M |
| Total Liabilities | $1 |
| Net Assets | $28.5M |
| Operating Margin | -120.1% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 155.1 months |
Financial Health Grade: B
In 2023, Sturgis Charitable Tr reported a deficit of $1.2M with expenses exceeding revenue, holds 155.1 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 (2012–2023), Sturgis Charitable Tr's revenue has declined at a compound annual growth rate (CAGR) of -6.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -67.7% | -3.2% | -4.1% |
| 2022 | +10.9% | -0.6% | +2.8% |
| 2021 | +103.1% | +4.4% | +1.8% |
| 2020 | -27.8% | -10.9% | -16.3% |
| 2015 | -64.3% | +28.5% | -1.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2020 |
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 Sturgis Charitable Tr 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: 5%
- programs: 95%
- fundraising: 0%
According to IRS 990 filings, Sturgis Charitable Tr allocates its expenses as follows: admin: 5%, programs: 95%, fundraising: 0%. With 95% 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 deficit of $1.2M, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that executive leadership is either unpaid or compensated through mechanisms not categorized as officer compensation on the 990, which is highly favorable for directing funds to its 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 Sturgis Charitable Tr's IRS 990 filings:
- Consistent operational deficits in recent years (e.g., 202306: Revenue $1,003,137 vs. Expenses $2,207,474)
- Significant decline in assets from a high of $34,545,615 in 201406 to $28,533,642 in 202306
Strengths
The following positive indicators were identified for Sturgis Charitable Tr:
- Zero reported officer compensation across all filings, indicating high efficiency in leadership costs.
- Substantial and stable asset base ($27,774,054 latest) providing long-term financial security.
- Consistently low liabilities ($0-$1) demonstrating strong financial management.
- Long history of IRS 990 filings, indicating good transparency and compliance.
Frequently Asked Questions about Sturgis Charitable Tr
Is Sturgis Charitable Tr a legitimate charity?
Based on AI analysis of IRS 990 filings, Sturgis Charitable Tr (EIN: 206618761) some concerns. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
How does Sturgis Charitable Tr spend its money?
Sturgis Charitable Tr directs 95% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Sturgis Charitable Tr tax-deductible?
Sturgis Charitable Tr is registered as a tax-exempt nonprofit (EIN: 206618761). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Sturgis Charitable Tr a good charity?
Based on the available data, Sturgis Charitable Tr appears to be a financially stable grantmaking foundation with substantial assets ($27,774,054) and a strong commitment to its mission, evidenced by zero reported officer compensation. Its consistent 990 filings also indicate good transparency.
How does Sturgis Charitable Tr manage its expenses?
The organization's expenses have been relatively consistent, ranging from $1,920,307 to $2,467,549 annually. With no reported officer compensation, it suggests a very lean administrative structure, likely directing most of its operational costs towards grant distribution and essential overhead.
What is the trend in Sturgis Charitable Tr's revenue?
Revenue for Sturgis Charitable Tr has been highly variable, ranging from a low of $1,003,137 in 202306 to a high of $5,348,722 in 201406. This fluctuation is common for foundations relying on investment returns or specific funding cycles.
Filing History
IRS 990 filing history for Sturgis Charitable Tr showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2012–2023), Sturgis Charitable Tr's revenue has declined by 52.4%, moving from $2.1M to $1.0M. Total assets decreased by 9.8% over the same period, from $31.6M to $28.5M. Total functional expenses rose by 13.6%, from $1.9M to $2.2M. In its most recent filing year (2023), Sturgis Charitable Tr reported a deficit of $1.2M, with expenses exceeding revenue. The organization holds $1 in liabilities against $28.5M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $28.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.0M | $2.2M | $28.5M | $1 | — | — |
| 2022 | $3.1M | $2.3M | $29.8M | $1 | — | View 990 |
| 2021 | $2.8M | $2.3M | $28.9M | $1 | — | View 990 |
| 2020 | $1.4M | $2.2M | $28.4M | $0 | — | View 990 |
| 2015 | $1.9M | $2.5M | $34.0M | $0 | — | View 990 |
| 2014 | $5.3M | $1.9M | $34.5M | $0 | — | View 990 |
| 2013 | $1.7M | $2.1M | $31.1M | $0 | — | View 990 |
| 2012 | $2.1M | $1.9M | $31.6M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.0M, expenses of $2.2M, and assets of $28.5M (revenue -67.7% year-over-year).
- 2022: Revenue of $3.1M, expenses of $2.3M, and assets of $29.8M (revenue +10.9% year-over-year).
- 2021: Revenue of $2.8M, expenses of $2.3M, and assets of $28.9M (revenue +103.1% year-over-year).
- 2020: Revenue of $1.4M, expenses of $2.2M, and assets of $28.4M (revenue -27.8% year-over-year).
- 2015: Revenue of $1.9M, expenses of $2.5M, and assets of $34.0M (revenue -64.3% year-over-year).
- 2014: Revenue of $5.3M, expenses of $1.9M, and assets of $34.5M (revenue +223.2% year-over-year).
- 2013: Revenue of $1.7M, expenses of $2.1M, and assets of $31.1M (revenue -21.5% year-over-year).
- 2012: Revenue of $2.1M, expenses of $1.9M, and assets of $31.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Sturgis Charitable Tr:
Data Sources and Methodology
This transparency report for Sturgis Charitable Tr 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.