Suncadia Fund For Community Enhancement
Suncadia Fund consistently spends all revenue on expenses with zero officer compensation, showing strong program focus.
EIN: 200861020 · Roslyn, WA · NTEE: S20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $990K |
| Total Expenses | $2.2M |
| Program Spending | 90% |
| Net Assets | $0 |
| Transparency Score | 92/100 |
Is Suncadia Fund For Community Enhancement Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Suncadia Fund For Community Enhancement directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Suncadia Fund For Community Enhancement
Suncadia Fund For Community Enhancement (EIN: 200861020) is a nonprofit organization based in Roslyn, WA, classified under NTEE code S20. The organization reported total revenue of $990K and total assets of $941K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Suncadia Fund For Community Enhancement's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Suncadia Fund For Community Enhancement is a small nonprofit that has been operating for 16 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 29.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.2M |
| Total Expenses | $2.2M |
| Surplus / Deficit | +$0 |
| Total Assets | $1.4M |
| Total Liabilities | $1.4M |
| Net Assets | $0 |
| Operating Margin | 0.0% |
| Debt-to-Asset Ratio | 100.0% |
| Months of Reserves | 7.8 months |
Financial Health Grade: B
In 2023, Suncadia Fund For Community Enhancement reported a surplus of $0 with revenue exceeding expenses, holds 7.8 months of operating reserves (strong position), has a debt-to-asset ratio of 100.0% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Suncadia Fund For Community Enhancement's revenue has grown at a compound annual growth rate (CAGR) of 29.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +121.9% | +121.9% | -37.3% |
| 2022 | +25.1% | +24.2% | +22.6% |
| 2021 | -4.1% | +72.7% | +43.3% |
| 2020 | +31.3% | +15.8% | +49.5% |
| 2019 | +22.8% | -5.5% | +45.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2010 |
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 Suncadia Fund For Community Enhancement with a Mission Score of 92 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, Suncadia Fund For Community Enhancement 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:
- The organization reported a surplus of $0, with revenue exceeding expenses.
- Debt-to-asset ratio: 100.0%.
Executive Compensation Analysis
The Suncadia Fund For Community Enhancement consistently reports 0% officer compensation across all available filings, indicating that no funds are allocated to executive salaries, which is highly efficient for a nonprofit of its size.
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 Suncadia Fund For Community Enhancement's IRS 990 filings:
- Significant liabilities matching total assets in recent years (e.g., $1,403,837 in 2023) warrant further investigation to understand their nature and potential impact on financial stability.
Strengths
The following positive indicators were identified for Suncadia Fund For Community Enhancement:
- Consistent 0% officer compensation across all filings, indicating high efficiency and dedication to mission.
- Strong program spending, with expenses often matching or exceeding revenue, suggesting direct application of funds to community enhancement.
- Significant growth in revenue and assets over the past decade, demonstrating increasing capacity and impact.
- Positive trend in revenue generation, from $249,093 in 2015 to $2,168,273 in 2023, indicating successful fundraising and community support.
Frequently Asked Questions about Suncadia Fund For Community Enhancement
Is Suncadia Fund For Community Enhancement a legitimate charity?
Based on AI analysis of IRS 990 filings, Suncadia Fund For Community Enhancement (EIN: 200861020) some concerns. Mission Score: 92/100. 1 red flag identified, 4 strengths noted.
How does Suncadia Fund For Community Enhancement spend its money?
Suncadia Fund For Community Enhancement directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Suncadia Fund For Community Enhancement tax-deductible?
Suncadia Fund For Community Enhancement is registered as a tax-exempt nonprofit (EIN: 200861020). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Suncadia Fund For Community Enhancement's spending goes to programs?
Suncadia Fund For Community Enhancement directs 90% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Suncadia Fund For Community Enhancement compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Suncadia Fund For Community Enhancement is above average for NTEE category S20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Suncadia Fund For Community Enhancement located?
Suncadia Fund For Community Enhancement is headquartered in Roslyn, Washington and files with the IRS under EIN 200861020. It is classified under NTEE code S20.
How many years of IRS 990 filings does Suncadia Fund For Community Enhancement have?
Suncadia Fund For Community Enhancement 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 $990K in total revenue.
What is the nature of the significant liabilities reported in 2022 and 2023?
In both 2022 and 2023, the organization reported liabilities equal to its total assets ($2,240,516 in 2022 and $1,403,837 in 2023). Understanding the specific types of these liabilities (e.g., program-related payables, grants payable, or debt) is crucial for a complete financial assessment.
How does the organization manage its cash flow given that expenses often match revenue?
The filings show that in several periods (e.g., 2023, 2022), expenses exactly matched revenue. This suggests a tight budget management or a specific funding model where funds are fully expended within the fiscal year. Further details on cash flow management would be beneficial.
What are the specific programs funded by the Suncadia Fund For Community Enhancement?
While the NTEE code S20 indicates 'Community Improvement & Capacity Building,' more specific information on the programs and initiatives supported by the fund would provide greater insight into its impact and mission fulfillment.
Filing History
IRS 990 filing history for Suncadia Fund For Community Enhancement showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Suncadia Fund For Community Enhancement's revenue has grown by 2109.2%, moving from $98K to $2.2M. Total assets increased by 488.7% over the same period, from $238K to $1.4M. Total functional expenses rose by 1037.9%, from $191K to $2.2M. In its most recent filing year (2023), Suncadia Fund For Community Enhancement reported a surplus of $0, with revenue exceeding expenses. The organization holds $1.4M in liabilities against $1.4M in assets (debt-to-asset ratio: 100.0%), resulting in net assets of $0.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.2M | $2.2M | $1.4M | $1.4M | — | View 990 |
| 2022 | $977K | $977K | $2.2M | $2.2M | — | View 990 |
| 2021 | $781K | $787K | $1.8M | $1.8M | — | View 990 |
| 2020 | $814K | $455K | $1.3M | $140K | — | View 990 |
| 2019 | $620K | $393K | $853K | $77K | — | — |
| 2018 | $505K | $416K | $588K | $38K | — | View 990 |
| 2017 | $409K | $347K | $462K | $726 | — | View 990 |
| 2016 | $374K | $252K | $409K | $10K | — | View 990 |
| 2015 | $249K | $235K | $297K | $20K | — | View 990 |
| 2014 | $259K | $203K | $264K | $1K | — | View 990 |
| 2013 | $179K | $213K | $248K | $42K | — | View 990 |
| 2012 | $176K | $149K | $240K | $0 | — | View 990 |
| 2011 | $98K | $191K | $238K | $26K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.2M, expenses of $2.2M, and assets of $1.4M (revenue +121.9% year-over-year).
- 2022: Revenue of $977K, expenses of $977K, and assets of $2.2M (revenue +25.1% year-over-year).
- 2021: Revenue of $781K, expenses of $787K, and assets of $1.8M (revenue -4.1% year-over-year).
- 2020: Revenue of $814K, expenses of $455K, and assets of $1.3M (revenue +31.3% year-over-year).
- 2019: Revenue of $620K, expenses of $393K, and assets of $853K (revenue +22.8% year-over-year).
- 2018: Revenue of $505K, expenses of $416K, and assets of $588K (revenue +23.6% year-over-year).
- 2017: Revenue of $409K, expenses of $347K, and assets of $462K (revenue +9.1% year-over-year).
- 2016: Revenue of $374K, expenses of $252K, and assets of $409K (revenue +50.3% year-over-year).
- 2015: Revenue of $249K, expenses of $235K, and assets of $297K (revenue -4.0% year-over-year).
- 2014: Revenue of $259K, expenses of $203K, and assets of $264K (revenue +44.9% year-over-year).
- 2013: Revenue of $179K, expenses of $213K, and assets of $248K (revenue +1.5% year-over-year).
- 2012: Revenue of $176K, expenses of $149K, and assets of $240K (revenue +79.7% year-over-year).
- 2011: Revenue of $98K, expenses of $191K, and assets of $238K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Suncadia Fund For Community Enhancement:
Data Sources and Methodology
This transparency report for Suncadia Fund For Community Enhancement 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.