Sue Sue Charitable Foundation
Sue Sue Charitable Foundation consistently operates at a deficit, drawing down assets to cover expenses.
EIN: 205884648 · New Orleans, LA · NTEE: T20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $31K |
| Total Expenses | $42K |
| Program Spending | 75% |
| Net Assets | $868K |
| Transparency Score | 40/100 |
Is Sue Sue Charitable Foundation Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Sue Sue Charitable Foundation directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Sue Sue Charitable Foundation
Sue Sue Charitable Foundation (EIN: 205884648) is a nonprofit organization based in New Orleans, LA, classified under NTEE code T20. The organization reported total revenue of $31K and total assets of $854K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Sue Sue Charitable Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Sue Sue Charitable Foundation is a micro nonprofit that has been operating for 19 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -8.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $31K |
| Total Expenses | $42K |
| Surplus / Deficit | $-11,334 |
| Total Assets | $868K |
| Total Liabilities | $1 |
| Net Assets | $868K |
| Operating Margin | -37.1% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 248.5 months |
Financial Health Grade: B
In 2023, Sue Sue Charitable Foundation reported a deficit of $11K with expenses exceeding revenue, holds 248.5 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), Sue Sue Charitable Foundation's revenue has declined at a compound annual growth rate (CAGR) of -8.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +212.0% | +0.1% | -1.3% |
| 2022 | +561.8% | -7.7% | -3.7% |
| 2021 | -56.6% | -12.8% | -4.6% |
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 Sue Sue Charitable Foundation with a Mission Score of 40 out of 100 (Fair). 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: 75%
- fundraising: 10%
According to IRS 990 filings, Sue Sue Charitable Foundation allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% 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 $11K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation has consistently been reported as 0% across all available filings, indicating that no officers or key employees are receiving salaries from the organization, which is a positive for resource allocation.
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 Sue Sue Charitable Foundation's IRS 990 filings:
- Consistent operational deficits, with expenses regularly exceeding revenue (e.g., $41,893 expenses vs. $30,559 revenue in 2023).
- Steady decline in total assets over time, from $1,323,119 in 2014 to $867,535 in 2023, indicating unsustainable spending.
- Several years of negative revenue reported (e.g., $-397,776 in 2019), suggesting significant investment losses or unusual accounting events.
Strengths
The following positive indicators were identified for Sue Sue Charitable Foundation:
- Zero officer compensation reported across all filings, indicating efficient use of funds for leadership.
- Extremely low liabilities ($1 in recent years), demonstrating strong management of debt and obligations.
- Consistent filing of IRS Form 990s, indicating good transparency in financial reporting.
Frequently Asked Questions about Sue Sue Charitable Foundation
Is Sue Sue Charitable Foundation a legitimate charity?
Sue Sue Charitable Foundation (EIN: 205884648) is a registered tax-exempt nonprofit based in Louisiana. Our AI analysis gives it a Mission Score of 40/100. It has 10 years of IRS 990 filings on record. Total revenue: $31K. 3 red flags identified. 3 strengths noted. Financial health grade: B.
How does Sue Sue Charitable Foundation spend its money?
Sue Sue Charitable Foundation directs 75% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to Sue Sue Charitable Foundation tax-deductible?
Sue Sue Charitable Foundation is registered as a tax-exempt nonprofit (EIN: 205884648). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Sue Sue Charitable Foundation's spending goes to programs?
Sue Sue Charitable Foundation directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Sue Sue Charitable Foundation compare to similar nonprofits?
With a transparency score of 40/100 (Fair), Sue Sue Charitable Foundation is near average for NTEE category T20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Sue Sue Charitable Foundation located?
Sue Sue Charitable Foundation is headquartered in New Orleans, Louisiana and files with the IRS under EIN 205884648. It is classified under NTEE code T20.
How many years of IRS 990 filings does Sue Sue Charitable Foundation have?
Sue Sue Charitable Foundation 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 $31K in total revenue.
Is Sue Sue Charitable Foundation a good charity?
The foundation's financial sustainability is a significant concern due to consistent operational deficits, with expenses exceeding revenue in almost every reported year. While it reports 0% officer compensation and low liabilities, its ability to continue its mission long-term is questionable given the steady decline in assets.
Why are the assets declining?
The assets are declining because the foundation's expenses consistently exceed its revenue. For example, in 2023, expenses were $41,893 while revenue was $30,559, leading to a net loss that is covered by drawing down from its asset base, which decreased from $1,004,688 in 2019 to $867,535 in 2023.
What is the trend in revenue generation?
Revenue generation has been highly inconsistent and generally low, with several years showing negative revenue (e.g., $-397,776 in 2019 and $-176,903 in 2015). While there was a slight increase in 2023 to $30,559 from $9,795 in 2022, it remains insufficient to cover expenses.
Filing History
IRS 990 filing history for Sue Sue Charitable Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Sue Sue Charitable Foundation's revenue has declined by 64.5%, moving from $86K to $31K. Total assets decreased by 26.3% over the same period, from $1.2M to $868K. Total functional expenses fell by 8.3%, from $46K to $42K. In its most recent filing year (2023), Sue Sue Charitable Foundation reported a deficit of $11K, with expenses exceeding revenue. The organization holds $1 in liabilities against $868K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $868K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $31K | $42K | $868K | $1 | — | — |
| 2022 | $10K | $42K | $879K | $1 | — | — |
| 2021 | $1K | $45K | $912K | $1 | — | — |
| 2020 | $3K | $52K | $956K | $1 | — | — |
| 2019 | $-397,776 | $61K | $1.0M | $1 | — | View 990 |
| 2015 | $-176,903 | $83K | $1.1M | $0 | — | View 990 |
| 2014 | $102K | $66K | $1.3M | $0 | — | View 990 |
| 2013 | $108K | $50K | $1.3M | $0 | — | View 990 |
| 2012 | $115K | $62K | $1.2M | $0 | — | View 990 |
| 2011 | $86K | $46K | $1.2M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $31K, expenses of $42K, and assets of $868K (revenue +212.0% year-over-year).
- 2022: Revenue of $10K, expenses of $42K, and assets of $879K (revenue +561.8% year-over-year).
- 2021: Revenue of $1K, expenses of $45K, and assets of $912K (revenue -56.6% year-over-year).
- 2020: Revenue of $3K, expenses of $52K, and assets of $956K.
- 2019: Revenue of $-397,776, expenses of $61K, and assets of $1.0M.
- 2015: Revenue of $-176,903, expenses of $83K, and assets of $1.1M (revenue -273.3% year-over-year).
- 2014: Revenue of $102K, expenses of $66K, and assets of $1.3M (revenue -5.1% year-over-year).
- 2013: Revenue of $108K, expenses of $50K, and assets of $1.3M (revenue -6.4% year-over-year).
- 2012: Revenue of $115K, expenses of $62K, and assets of $1.2M (revenue +33.5% year-over-year).
- 2011: Revenue of $86K, expenses of $46K, and assets of $1.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Sue Sue Charitable Foundation:
Data Sources and Methodology
This transparency report for Sue Sue Charitable 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.