Sumac Foundation Tr
Sumac Foundation Tr consistently grows assets with fluctuating revenue and no reported officer compensation.
EIN: 137115395 · Oak Park, IL · NTEE: T22Z · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.1M |
| Total Expenses | $407K |
| Program Spending | 85% |
| CEO/Top Officer Pay | $1 |
| Net Assets | $6.8M |
| Transparency Score | 88/100 |
Is Sumac Foundation Tr Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Sumac Foundation Tr directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Sumac Foundation Tr
Sumac Foundation Tr (EIN: 137115395) is a nonprofit organization based in Oak Park, IL, classified under NTEE code T22Z. The organization reported total revenue of $1.1M and total assets of $7.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Sumac Foundation Tr's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Sumac Foundation Tr is a mid-size nonprofit that has been operating for 29 years, with 10 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 2.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $499K |
| Total Expenses | $407K |
| Surplus / Deficit | +$92K |
| Total Assets | $6.8M |
| Total Liabilities | $10K |
| Net Assets | $6.8M |
| Operating Margin | 18.4% |
| Debt-to-Asset Ratio | 0.1% |
| Months of Reserves | 201.1 months |
Financial Health Grade: A
In 2023, Sumac Foundation Tr reported a surplus of $92K with revenue exceeding expenses, holds 201.1 months of operating reserves (strong position), has a debt-to-asset ratio of 0.1% (very low leverage).
Financial Trends
Over 10 years of filings (2012–2023), Sumac Foundation Tr's revenue has grown at a compound annual growth rate (CAGR) of 2.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -35.1% | +18.8% | +1.4% |
| 2022 | -73.5% | +5.2% | +6.9% |
| 2021 | +568.9% | -8.1% | +69.4% |
| 2020 | -0.4% | +9.1% | +2.2% |
| 2019 | +3.0% | +17.6% | +3.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1997 |
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 Sumac Foundation Tr with a Mission Score of 88 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Sumac Foundation Tr allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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 $92K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.1%.
Executive Compensation Analysis
The Sumac Foundation Tr reports 0% officer compensation across all available filings, indicating that its leadership is either entirely volunteer-based or compensated through other means not classified as officer compensation, which is highly unusual for an organization with over $1 million in annual revenue and $7 million in assets.
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 Sumac Foundation Tr's IRS 990 filings:
- Unusually low liabilities across most years, often $1 or $0, which could indicate a simplified financial structure or specific accounting practices.
- Significant fluctuation in annual revenue (e.g., $2.9M in 2021 vs. $499K in 2023) without a clear explanation in the provided data, which might suggest reliance on large, infrequent grants or donations.
- Consistent 0% officer compensation for an organization with over $7 million in assets and over $1 million in latest revenue, which warrants further inquiry into how leadership is supported and compensated.
Strengths
The following positive indicators were identified for Sumac Foundation Tr:
- Consistent asset growth, increasing from $2.5M in 2012 to over $7M currently, demonstrating strong financial stewardship.
- Expenses consistently lower than revenue, indicating efficient financial management and a healthy operating surplus.
- Low liabilities across most years, suggesting a strong balance sheet and minimal debt burden.
- Regular IRS 990 filings, indicating good transparency and compliance.
Frequently Asked Questions about Sumac Foundation Tr
Is Sumac Foundation Tr a legitimate charity?
Sumac Foundation Tr (EIN: 137115395) is a registered tax-exempt nonprofit based in Illinois. Our AI analysis gives it a Mission Score of 88/100. It has 10 years of IRS 990 filings on record. Total revenue: $1.1M. 3 red flags identified. 4 strengths noted. Financial health grade: A.
How does Sumac Foundation Tr spend its money?
Sumac Foundation Tr directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Sumac Foundation Tr tax-deductible?
Sumac Foundation Tr is registered as a tax-exempt nonprofit (EIN: 137115395). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Sumac Foundation Tr CEO make?
Sumac Foundation Tr's highest-compensated officer earns $1 annually. The organization reported $1.1M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Sumac Foundation Tr's spending goes to programs?
Sumac Foundation Tr directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Sumac Foundation Tr compare to similar nonprofits?
With a transparency score of 88/100 (Excellent), Sumac Foundation Tr is above average for NTEE category T22Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Sumac Foundation Tr located?
Sumac Foundation Tr is headquartered in Oak Park, Illinois and files with the IRS under EIN 137115395. It is classified under NTEE code T22Z.
How many years of IRS 990 filings does Sumac Foundation Tr have?
Sumac Foundation Tr 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 $1.1M in total revenue.
Is Sumac Foundation Tr a good charity?
Based on its financial data, Sumac Foundation Tr appears to be a financially sound organization with consistent asset growth and efficient spending, as expenses are consistently lower than revenue. The lack of reported officer compensation is a notable characteristic that could indicate a high dedication of resources to its mission, though further investigation into how leadership is supported would be beneficial.
How does Sumac Foundation Tr manage its expenses relative to its revenue?
Sumac Foundation Tr consistently manages its expenses well below its revenue. For example, in 2023, expenses were $407,283 against $499,254 in revenue, and in 2022, expenses were $342,831 against $769,324 in revenue. This consistent surplus contributes to its growing asset base.
What is the trend in Sumac Foundation Tr's assets?
Sumac Foundation Tr has shown a strong and consistent upward trend in its assets, growing from $2,595,996 in 2012 to $7,018,829 currently. This indicates effective financial management and accumulation of resources over time.
Why is officer compensation reported as 0%?
The consistent reporting of 0% officer compensation across all filings suggests that the organization's officers are either unpaid volunteers or are compensated through mechanisms not categorized as 'officer compensation' on the IRS Form 990, which is unusual for an organization of this size and asset base.
Filing History
IRS 990 filing history for Sumac Foundation Tr showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2012–2023), Sumac Foundation Tr's revenue has grown by 31.6%, moving from $379K to $499K. Total assets increased by 162.9% over the same period, from $2.6M to $6.8M. Total functional expenses rose by 116.7%, from $188K to $407K. In its most recent filing year (2023), Sumac Foundation Tr reported a surplus of $92K, with revenue exceeding expenses. The organization holds $10K in liabilities against $6.8M in assets (debt-to-asset ratio: 0.1%), resulting in net assets of $6.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $499K | $407K | $6.8M | $10K | — | View 990 |
| 2022 | $769K | $343K | $6.7M | $7K | — | View 990 |
| 2021 | $2.9M | $326K | $6.3M | $1 | — | View 990 |
| 2020 | $434K | $355K | $3.7M | $1 | — | View 990 |
| 2019 | $436K | $325K | $3.6M | $1 | — | View 990 |
| 2018 | $423K | $276K | $3.5M | $1 | — | View 990 |
| 2015 | $398K | $243K | $3.1M | $0 | — | View 990 |
| 2014 | $388K | $217K | $3.0M | $0 | — | View 990 |
| 2013 | $403K | $199K | $2.8M | $0 | — | View 990 |
| 2012 | $379K | $188K | $2.6M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $499K, expenses of $407K, and assets of $6.8M (revenue -35.1% year-over-year).
- 2022: Revenue of $769K, expenses of $343K, and assets of $6.7M (revenue -73.5% year-over-year).
- 2021: Revenue of $2.9M, expenses of $326K, and assets of $6.3M (revenue +568.9% year-over-year).
- 2020: Revenue of $434K, expenses of $355K, and assets of $3.7M (revenue -0.4% year-over-year).
- 2019: Revenue of $436K, expenses of $325K, and assets of $3.6M (revenue +3.0% year-over-year).
- 2018: Revenue of $423K, expenses of $276K, and assets of $3.5M (revenue +6.2% year-over-year).
- 2015: Revenue of $398K, expenses of $243K, and assets of $3.1M (revenue +2.6% year-over-year).
- 2014: Revenue of $388K, expenses of $217K, and assets of $3.0M (revenue -3.7% year-over-year).
- 2013: Revenue of $403K, expenses of $199K, and assets of $2.8M (revenue +6.3% year-over-year).
- 2012: Revenue of $379K, expenses of $188K, and assets of $2.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Sumac Foundation Tr:
Data Sources and Methodology
This transparency report for Sumac Foundation 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.