Sugar Association Inc
Sugar Association Inc. consistently operates near break-even with no reported officer compensation, experiencing significant revenue fluctuations over the past decade.
EIN: 132614920 · Washington, DC · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $7.9M |
| Total Expenses | $4.3M |
| Program Spending | 70% |
| Net Assets | $2.8M |
| Transparency Score | 75/100 |
Is Sugar Association Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Sugar Association Inc directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Sugar Association Inc
Sugar Association Inc (EIN: 132614920) is a nonprofit organization based in Washington, DC. The organization reported total revenue of $7.9M and total assets of $5.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Sugar Association Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Sugar Association Inc is a mid-size nonprofit that has been operating for 76 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 0.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $4.3M |
| Total Expenses | $4.3M |
| Surplus / Deficit | $-1,485 |
| Total Assets | $5.0M |
| Total Liabilities | $2.2M |
| Net Assets | $2.8M |
| Operating Margin | -0.0% |
| Debt-to-Asset Ratio | 44.5% |
| Months of Reserves | 13.9 months |
Financial Health Grade: B
In 2023, Sugar Association Inc reported a deficit of $1K with expenses exceeding revenue, holds 13.9 months of operating reserves (strong position), has a debt-to-asset ratio of 44.5% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Sugar Association Inc's revenue has grown at a compound annual growth rate (CAGR) of 0.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +17.1% | +10.3% | +29.5% |
| 2022 | -2.6% | +12.1% | -4.0% |
| 2021 | -3.2% | -11.0% | +5.1% |
| 2020 | -3.1% | +25.0% | +3.7% |
| 2019 | +7.0% | +12.3% | +70.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1950 |
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 Sugar Association Inc with a Mission Score of 75 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: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, Sugar Association Inc allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $1K, with expenses exceeding revenue.
- Debt-to-asset ratio: 44.5%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no compensation was paid to officers, directors, trustees, or key employees, which is a strong positive for financial efficiency and resource allocation relative to the organization's size and revenue.
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 Sugar Association Inc's IRS 990 filings:
- Significant revenue volatility (e.g., $12.5M in 2015 to $2.1M in 2017, then back to $4.2M in 2023) could indicate unstable funding.
- Increasing liabilities, reaching $2,204,604 in 2023, warrant scrutiny to ensure financial health.
- Consistent near break-even operations in many years (e.g., 2023 expenses $4,294,273 vs. revenue $4,292,788) leave little room for unexpected costs or growth.
Strengths
The following positive indicators were identified for Sugar Association Inc:
- Consistent 0% officer compensation across all reported years, indicating strong financial stewardship regarding executive pay.
- Regular IRS 990 filings over 13 periods demonstrate commitment to regulatory compliance and transparency.
- Asset growth from $1,209,545 in 2017 to $4,958,043 in 2023, showing an increase in organizational resources.
Frequently Asked Questions about Sugar Association Inc
Is Sugar Association Inc a legitimate charity?
Sugar Association Inc (EIN: 132614920) is a registered tax-exempt nonprofit based in Washington DC. Our AI analysis gives it a Mission Score of 75/100. It has 13 years of IRS 990 filings on record. Total revenue: $7.9M. 3 red flags identified. 3 strengths noted. Financial health grade: B.
How does Sugar Association Inc spend its money?
Sugar Association Inc directs 70% of its spending to programs and services. Fundraising costs 10%. This meets the 65% industry benchmark.
Are donations to Sugar Association Inc tax-deductible?
Sugar Association Inc is registered as a tax-exempt nonprofit (EIN: 132614920). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Sugar Association Inc's spending goes to programs?
Sugar Association Inc directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
Where is Sugar Association Inc located?
Sugar Association Inc is headquartered in Washington, Washington DC and files with the IRS under EIN 132614920.
How many years of IRS 990 filings does Sugar Association Inc have?
Sugar Association Inc has 13 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 $7.9M in total revenue.
What caused the significant drop in revenue from $12.5M in 2015 to $2.1M in 2017?
The provided data does not specify the reasons for this drastic revenue decline, but it suggests a major shift in funding sources or operational scope during that period.
How does the organization manage to operate with 0% officer compensation?
This could indicate that leadership roles are filled by volunteers, or compensation for these roles is covered by a related entity, or through other means not classified as officer compensation on the 990.
What are the primary program service accomplishments of the Sugar Association Inc.?
The provided financial data does not detail specific program service accomplishments, which would typically be found in Part III of the IRS Form 990.
What is the nature of the increasing liabilities, reaching $2.2M in 2023?
The filings show a steady increase in liabilities, from $325,904 in 2018 to $2,204,604 in 2023. Further investigation into the 990 would be needed to understand the composition of these liabilities (e.g., accounts payable, deferred revenue, loans).
Filing History
IRS 990 filing history for Sugar Association Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Sugar Association Inc's revenue has grown by 2.6%, moving from $4.2M to $4.3M. Total assets increased by 120.8% over the same period, from $2.2M to $5.0M. Total functional expenses rose by 0.1%, from $4.3M to $4.3M. In its most recent filing year (2023), Sugar Association Inc reported a deficit of $1K, with expenses exceeding revenue. The organization holds $2.2M in liabilities against $5.0M in assets (debt-to-asset ratio: 44.5%), resulting in net assets of $2.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $4.3M | $4.3M | $5.0M | $2.2M | — | View 990 |
| 2022 | $3.7M | $3.9M | $3.8M | $1.1M | — | View 990 |
| 2021 | $3.8M | $3.5M | $4.0M | $1.0M | — | View 990 |
| 2020 | $3.9M | $3.9M | $3.8M | $1.1M | — | View 990 |
| 2019 | $4.0M | $3.1M | $3.7M | $956K | — | View 990 |
| 2018 | $3.7M | $2.8M | $2.1M | $326K | — | View 990 |
| 2017 | $2.2M | $2.7M | $1.2M | $361K | — | View 990 |
| 2016 | $6.6M | $6.9M | $1.6M | $204K | — | View 990 |
| 2015 | $12.6M | $12.4M | $4.1M | $2.4M | — | View 990 |
| 2014 | $12.6M | $12.6M | $5.2M | $3.7M | — | View 990 |
| 2013 | $8.5M | $8.4M | $4.6M | $3.1M | — | View 990 |
| 2012 | $7.6M | $7.1M | $2.8M | $1.3M | — | View 990 |
| 2011 | $4.2M | $4.3M | $2.2M | $1.2M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $4.3M, expenses of $4.3M, and assets of $5.0M (revenue +17.1% year-over-year).
- 2022: Revenue of $3.7M, expenses of $3.9M, and assets of $3.8M (revenue -2.6% year-over-year).
- 2021: Revenue of $3.8M, expenses of $3.5M, and assets of $4.0M (revenue -3.2% year-over-year).
- 2020: Revenue of $3.9M, expenses of $3.9M, and assets of $3.8M (revenue -3.1% year-over-year).
- 2019: Revenue of $4.0M, expenses of $3.1M, and assets of $3.7M (revenue +7.0% year-over-year).
- 2018: Revenue of $3.7M, expenses of $2.8M, and assets of $2.1M (revenue +73.1% year-over-year).
- 2017: Revenue of $2.2M, expenses of $2.7M, and assets of $1.2M (revenue -67.4% year-over-year).
- 2016: Revenue of $6.6M, expenses of $6.9M, and assets of $1.6M (revenue -47.2% year-over-year).
- 2015: Revenue of $12.6M, expenses of $12.4M, and assets of $4.1M (revenue +0.0% year-over-year).
- 2014: Revenue of $12.6M, expenses of $12.6M, and assets of $5.2M (revenue +48.3% year-over-year).
- 2013: Revenue of $8.5M, expenses of $8.4M, and assets of $4.6M (revenue +12.2% year-over-year).
- 2012: Revenue of $7.6M, expenses of $7.1M, and assets of $2.8M (revenue +80.7% year-over-year).
- 2011: Revenue of $4.2M, expenses of $4.3M, and assets of $2.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Sugar Association Inc:
Data Sources and Methodology
This transparency report for Sugar Association Inc 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.