Subramaniam Family Charitablefoundation

Subramaniam Family Charitablefoundation shows strong asset growth and no executive compensation amidst volatile revenue and expenses.

EIN: 207054863 · Providence, RI · NTEE: T20 · Updated: 2026-03-28

$37KRevenue
$654KAssets
85/100Mission Score (Excellent)
T20
Subramaniam Family Charitablefoundation Financial Summary
MetricValue
Total Revenue$37K
Total Expenses$894
Program Spending90%
CEO/Top Officer Pay$600,000.
Net Assets$618K
Transparency Score85/100

Is Subramaniam Family Charitablefoundation Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
2 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Subramaniam Family Charitablefoundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Subramaniam Family Charitablefoundation

Subramaniam Family Charitablefoundation (EIN: 207054863) is a nonprofit organization based in Providence, RI, classified under NTEE code T20. The organization reported total revenue of $37K and total assets of $654K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Subramaniam Family Charitablefoundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

20Years Operating
MicroSize Classification
10Years of Filings
MixedRevenue Trajectory

Subramaniam Family Charitablefoundation is a micro nonprofit that has been operating for 20 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -4.0%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$33K
Total Expenses$894
Surplus / Deficit+$32K
Total Assets$618K
Total Liabilities$1
Net Assets$618K
Operating Margin97.3%
Debt-to-Asset Ratio0.0%
Months of Reserves8292.9 months

Financial Health Grade: A

In 2023, Subramaniam Family Charitablefoundation reported a surplus of $32K with revenue exceeding expenses, holds 8292.9 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), Subramaniam Family Charitablefoundation's revenue has declined at a compound annual growth rate (CAGR) of -4.0%.

YearRevenue ChangeExpense ChangeAsset Change
2023+118.0%-99.4%+3.2%
2022-94.7%-35.7%-6.6%
2021-45.9%+434.5%-1.0%
2020+1495.9%+0.1%+23.5%
2019-79.4%+1.3%+17.6%

IRS Tax-Exempt Classification

IRS Classification Codes1200
IRS Ruling Date2006

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

The Subramaniam Family Charitablefoundation demonstrates consistent financial stability with growing assets over the past decade, reaching $654,037 in the latest period. Revenue has fluctuated significantly, from a high of $530,382 in 2020 to $32,981 in 2023, indicating reliance on variable contributions or investment income rather than a steady operational funding stream. The organization consistently reports minimal liabilities ($1), suggesting a strong balance sheet and low financial risk. A notable strength is the consistent reporting of 0% officer compensation across all filings, which enhances transparency and indicates that resources are not being diverted to executive salaries. Spending efficiency, however, shows considerable variability. In 2022, expenses ($149,105) significantly outstripped revenue ($15,126), while in other years like 2020, revenue ($530,382) far exceeded expenses ($43,409). This volatility in the relationship between revenue and expenses makes it challenging to assess consistent operational efficiency without a detailed breakdown of program versus administrative costs, which is not provided in the summary data. The foundation's NTEE code T20 (Philanthropy, Voluntarism, and Grantmaking Foundations) suggests its primary activity is grantmaking, meaning its 'program' spending would largely be grants to other organizations. The lack of detailed expense categorization beyond total expenses is a limitation for a thorough spending efficiency analysis. Overall, the foundation appears financially sound with strong asset growth and no executive compensation. Its transparency is good regarding executive pay and liabilities. However, the lack of detailed expense breakdowns (program vs. admin/fundraising) and the high variability in annual revenue and expenses make it difficult to fully assess its spending efficiency and consistent impact. The foundation's consistent filing of IRS Form 990 over 10 periods indicates a commitment to regulatory compliance.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Subramaniam Family Charitablefoundation 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: 90%
  • fundraising: 5%

According to IRS 990 filings, Subramaniam Family Charitablefoundation allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. 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:

$33KTotal Revenue
$894Total Expenses
$618KTotal Assets
$1Total Liabilities
$618KNet Assets
  • The organization reported a surplus of $32K, with revenue exceeding expenses.
  • Debt-to-asset ratio: 0.0%.

Executive Compensation Analysis

Executive compensation is consistently reported as 0% across all available filings, indicating that no salaries are paid to officers, which is a positive sign for resource allocation and transparency, especially for an organization with assets exceeding $600,000.

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 Subramaniam Family Charitablefoundation's IRS 990 filings:

  • Significant year-to-year volatility in revenue and expenses, making consistent operational assessment difficult.
  • Lack of detailed expense breakdown (program vs. admin/fundraising) in the provided summary data, limiting full spending efficiency analysis.

Strengths

The following positive indicators were identified for Subramaniam Family Charitablefoundation:

  • Consistent asset growth, from $112,002 in 2011 to $654,037 currently, indicating strong financial management.
  • Zero officer compensation reported across all filings, demonstrating a commitment to directing resources to charitable purposes.
  • Minimal liabilities ($1 across all filings), indicating a very strong balance sheet and low financial risk.
  • Consistent filing of IRS Form 990 over 10 periods, showing good regulatory compliance and transparency.

Frequently Asked Questions about Subramaniam Family Charitablefoundation

Is Subramaniam Family Charitablefoundation a legitimate charity?

Subramaniam Family Charitablefoundation (EIN: 207054863) is a registered tax-exempt nonprofit based in Rhode Island. Our AI analysis gives it a Mission Score of 85/100. It has 10 years of IRS 990 filings on record. Total revenue: $37K. 2 red flags identified. 4 strengths noted. Financial health grade: A.

How does Subramaniam Family Charitablefoundation spend its money?

Subramaniam Family Charitablefoundation directs 90% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.

Are donations to Subramaniam Family Charitablefoundation tax-deductible?

Subramaniam Family Charitablefoundation is registered as a tax-exempt nonprofit (EIN: 207054863). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

How much does the Subramaniam Family Charitablefoundation CEO make?

Subramaniam Family Charitablefoundation's highest-compensated officer earns $600,000. annually. The organization reported $37K in total revenue. Executive compensation data is disclosed in IRS 990 filings.

What percentage of Subramaniam Family Charitablefoundation's spending goes to programs?

Subramaniam Family Charitablefoundation directs 90% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

How does Subramaniam Family Charitablefoundation compare to similar nonprofits?

With a transparency score of 85/100 (Excellent), Subramaniam Family Charitablefoundation is above average for NTEE category T20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is Subramaniam Family Charitablefoundation located?

Subramaniam Family Charitablefoundation is headquartered in Providence, Rhode Island and files with the IRS under EIN 207054863. It is classified under NTEE code T20.

How many years of IRS 990 filings does Subramaniam Family Charitablefoundation have?

Subramaniam Family Charitablefoundation 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 $37K in total revenue.

What is the primary purpose of the Subramaniam Family Charitablefoundation?

Based on its NTEE code T20 (Philanthropy, Voluntarism, and Grantmaking Foundations), its primary purpose is likely to make grants to other organizations or individuals, rather than directly operating programs.

How does the foundation manage its significant revenue fluctuations?

The foundation appears to manage revenue fluctuations by accumulating assets, which have grown from $112,002 in 2011 to $654,037 currently, providing a buffer during years of lower income or higher expenses.

Is the foundation financially stable?

Yes, the foundation appears financially stable, evidenced by consistent asset growth, minimal liabilities ($1 across all filings), and a history of managing varying revenue and expense levels without incurring significant debt.

Filing History

IRS 990 filing history for Subramaniam Family Charitablefoundation showing financial trends over 10 years of public records:

Over 10 years of IRS 990 filings (2011–2023), Subramaniam Family Charitablefoundation's revenue has declined by 39%, moving from $54K to $33K. Total assets increased by 451.6% over the same period, from $112K to $618K. Total functional expenses fell by 97.9%, from $43K to $894. In its most recent filing year (2023), Subramaniam Family Charitablefoundation reported a surplus of $32K, with revenue exceeding expenses. The organization holds $1 in liabilities against $618K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $618K.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $33K $894 $618K $1
2022 $15K $149K $599K $1
2021 $287K $232K $641K $1
2020 $530K $43K $647K $1 View 990
2019 $33K $43K $524K $1 View 990
2015 $161K $43K $446K $1 View 990
2014 $97K $43K $391K $1 View 990
2013 $289K $42K $370K $1 View 990
2012 $54K $43K $123K $1 View 990
2011 $54K $43K $112K $1 View 990

Year-by-Year Financial Summary

  • 2023: Revenue of $33K, expenses of $894, and assets of $618K (revenue +118.0% year-over-year).
  • 2022: Revenue of $15K, expenses of $149K, and assets of $599K (revenue -94.7% year-over-year).
  • 2021: Revenue of $287K, expenses of $232K, and assets of $641K (revenue -45.9% year-over-year).
  • 2020: Revenue of $530K, expenses of $43K, and assets of $647K (revenue +1495.9% year-over-year).
  • 2019: Revenue of $33K, expenses of $43K, and assets of $524K (revenue -79.4% year-over-year).
  • 2015: Revenue of $161K, expenses of $43K, and assets of $446K (revenue +67.2% year-over-year).
  • 2014: Revenue of $97K, expenses of $43K, and assets of $391K (revenue -66.6% year-over-year).
  • 2013: Revenue of $289K, expenses of $42K, and assets of $370K (revenue +435.1% year-over-year).
  • 2012: Revenue of $54K, expenses of $43K, and assets of $123K (revenue +-0.0% year-over-year).
  • 2011: Revenue of $54K, expenses of $43K, and assets of $112K.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Subramaniam Family Charitablefoundation:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for Subramaniam Family Charitablefoundation 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.

Other Nonprofits in Rhode Island

Explore more nonprofits based in Rhode Island with AI-powered transparency reports.

4. Spurwink Ri

Cranston · $9.7M revenue · Score: 70/100

View all Rhode Island nonprofits →

Similar Organizations (NTEE T20)

Other nonprofits classified under NTEE code T20.

View all T20 nonprofits →

Explore Related Nonprofits

Browse by State