Sundholm Foundation
EIN: 426058207 · Storm Lake, IA
| Metric | Value |
|---|---|
| Total Revenue | $82K |
| Total Expenses | $120K |
| Net Assets | $745K |
Is Sundholm Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Sundholm Foundation
Sundholm Foundation (EIN: 426058207) is a nonprofit organization based in Storm Lake, IA. The organization reported total revenue of $82K and total assets of $707K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Sundholm Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Sundholm Foundation is a micro nonprofit that has been operating for 62 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 12.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $154K |
| Total Expenses | $120K |
| Surplus / Deficit | +$34K |
| Total Assets | $745K |
| Total Liabilities | $1 |
| Net Assets | $745K |
| Operating Margin | 22.1% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 74.4 months |
Financial Health Grade: A
In 2023, Sundholm Foundation reported a surplus of $34K with revenue exceeding expenses, holds 74.4 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), Sundholm Foundation's revenue has grown at a compound annual growth rate (CAGR) of 12.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +106.4% | +43.9% | +4.8% |
| 2022 | +11.7% | -43.2% | -1.2% |
| 2021 | +4.6% | +44.7% | -10.0% |
| 2020 | -64.7% | +6.6% | -4.5% |
| 2019 | +218.4% | +46.6% | +26.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1964 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Sundholm Foundation has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Sundholm Foundation with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $34K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Sundholm Foundation
Is Sundholm Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Sundholm Foundation (EIN: 426058207) insufficient data. 0 red flags identified, 0 strengths noted.
How does Sundholm Foundation spend its money?
Detailed spending breakdown data is not yet available for Sundholm Foundation. Check back for updated IRS 990 analysis.
Are donations to Sundholm Foundation tax-deductible?
Sundholm Foundation is registered as a tax-exempt nonprofit (EIN: 426058207). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Sundholm Foundation located?
Sundholm Foundation is headquartered in Storm Lake, Iowa and files with the IRS under EIN 426058207.
How many years of IRS 990 filings does Sundholm Foundation have?
Sundholm 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 $82K in total revenue.
Filing History
IRS 990 filing history for Sundholm Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Sundholm Foundation's revenue has grown by 304.1%, moving from $38K to $154K. Total assets increased by 61.8% over the same period, from $461K to $745K. Total functional expenses rose by 205.2%, from $39K to $120K. In its most recent filing year (2023), Sundholm Foundation reported a surplus of $34K, with revenue exceeding expenses. The organization holds $1 in liabilities against $745K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $745K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $154K | $120K | $745K | $1 | — | View 990 |
| 2022 | $75K | $84K | $711K | $1 | — | View 990 |
| 2021 | $67K | $147K | $720K | $1 | — | — |
| 2020 | $64K | $102K | $800K | $1 | — | — |
| 2019 | $181K | $95K | $838K | $1 | — | View 990 |
| 2015 | $57K | $65K | $662K | $1 | — | View 990 |
| 2014 | $58K | $47K | $671K | $1 | — | View 990 |
| 2013 | $83K | $49K | $659K | $1 | — | View 990 |
| 2012 | $205K | $41K | $625K | $1 | — | View 990 |
| 2011 | $38K | $39K | $461K | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $154K, expenses of $120K, and assets of $745K (revenue +106.4% year-over-year).
- 2022: Revenue of $75K, expenses of $84K, and assets of $711K (revenue +11.7% year-over-year).
- 2021: Revenue of $67K, expenses of $147K, and assets of $720K (revenue +4.6% year-over-year).
- 2020: Revenue of $64K, expenses of $102K, and assets of $800K (revenue -64.7% year-over-year).
- 2019: Revenue of $181K, expenses of $95K, and assets of $838K (revenue +218.4% year-over-year).
- 2015: Revenue of $57K, expenses of $65K, and assets of $662K (revenue -2.3% year-over-year).
- 2014: Revenue of $58K, expenses of $47K, and assets of $671K (revenue -29.7% year-over-year).
- 2013: Revenue of $83K, expenses of $49K, and assets of $659K (revenue -59.6% year-over-year).
- 2012: Revenue of $205K, expenses of $41K, and assets of $625K (revenue +437.3% year-over-year).
- 2011: Revenue of $38K, expenses of $39K, and assets of $461K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Sundholm Foundation:
Data Sources and Methodology
This transparency report for Sundholm 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.