Susannah M Swihart Charitable Foundation
Susannah M Swihart Charitable Foundation maintains strong asset growth and zero executive compensation.
EIN: 10534479 · Cumb Foreside, ME · NTEE: T22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $122K |
| Total Expenses | $98K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $2 |
| Net Assets | $1.7M |
| Transparency Score | 95/100 |
Is Susannah M Swihart Charitable Foundation Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Susannah M Swihart Charitable Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Susannah M Swihart Charitable Foundation
Susannah M Swihart Charitable Foundation (EIN: 10534479) is a nonprofit organization based in Cumb Foreside, ME, classified under NTEE code T22. The organization reported total revenue of $122K and total assets of $2.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Susannah M Swihart Charitable Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Susannah M Swihart Charitable Foundation is a small nonprofit that has been operating for 26 years, with 7 years of IRS 990 filings on record (2011–2020). Revenue has grown at a compound annual rate of 18.4%.
Key Financial Metrics (2020)
From the most recent IRS 990 filing on record:
| Total Revenue | $130K |
| Total Expenses | $98K |
| Surplus / Deficit | +$31K |
| Total Assets | $1.7M |
| Total Liabilities | $1 |
| Net Assets | $1.7M |
| Operating Margin | 24.1% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 209.5 months |
Financial Health Grade: A
In 2020, Susannah M Swihart Charitable Foundation reported a surplus of $31K with revenue exceeding expenses, holds 209.5 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 7 years of filings (2011–2020), Susannah M Swihart Charitable Foundation's revenue has grown at a compound annual growth rate (CAGR) of 18.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2020 | +117.9% | +6.2% | +4.3% |
| 2019 | +76.0% | +1.5% | +76.7% |
| 2015 | -26.3% | +9.5% | -5.8% |
| 2014 | -37.7% | +1.5% | -3.7% |
| 2013 | -2.5% | -14.8% | -0.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2000 |
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 Susannah M Swihart Charitable Foundation with a Mission Score of 95 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: 90%
- fundraising: 0%
According to IRS 990 filings, Susannah M Swihart Charitable Foundation allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2020)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $31K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no salaries are paid to officers, which is highly commendable for an organization of its size with nearly $2 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.
Strengths
The following positive indicators were identified for Susannah M Swihart Charitable Foundation:
- Consistent asset growth (from $1,054,723 in 2011 to $1,960,726 currently)
- Zero officer compensation reported across all filings
- Minimal liabilities ($0-$1 consistently)
- Strong financial stability
- High potential for program efficiency due to lack of executive salaries
Frequently Asked Questions about Susannah M Swihart Charitable Foundation
Is Susannah M Swihart Charitable Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Susannah M Swihart Charitable Foundation (EIN: 10534479) appears legitimate. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.
How does Susannah M Swihart Charitable Foundation spend its money?
Susannah M Swihart Charitable Foundation directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Susannah M Swihart Charitable Foundation tax-deductible?
Susannah M Swihart Charitable Foundation is registered as a tax-exempt nonprofit (EIN: 10534479). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Susannah M Swihart Charitable Foundation CEO make?
Susannah M Swihart Charitable Foundation's highest-compensated officer earns $2 annually. The organization reported $122K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
How does Susannah M Swihart Charitable Foundation compare to similar nonprofits?
With a transparency score of 95/100 (Excellent), Susannah M Swihart Charitable Foundation is above average for NTEE category T22 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Susannah M Swihart Charitable Foundation located?
Susannah M Swihart Charitable Foundation is headquartered in Cumb Foreside, Maine and files with the IRS under EIN 10534479. It is classified under NTEE code T22.
How many years of IRS 990 filings does Susannah M Swihart Charitable Foundation have?
Susannah M Swihart Charitable Foundation has 7 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 $122K in total revenue.
Is Susannah M Swihart Charitable Foundation a good charity?
Based on the provided data, the foundation exhibits strong financial health, excellent transparency with zero officer compensation, and consistent asset growth, suggesting it is a well-managed and effective charitable entity.
How has the foundation's asset base changed over time?
The foundation's assets have shown significant growth, increasing from $1,054,723 in 2011 to $1,960,726 currently, nearly doubling in value over the past decade.
What is the foundation's approach to executive compensation?
The foundation consistently reports 0% officer compensation, indicating that no salaries are paid to its executives, which is a strong positive for efficiency and resource allocation.
Does the foundation have significant liabilities?
No, the foundation consistently reports minimal liabilities, typically $0 or $1, indicating strong financial stability and responsible management.
Filing History
IRS 990 filing history for Susannah M Swihart Charitable Foundation showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2011–2020), Susannah M Swihart Charitable Foundation's revenue has grown by 357%, moving from $28K to $130K. Total assets increased by 62.7% over the same period, from $1.1M to $1.7M. Total functional expenses rose by 60.4%, from $61K to $98K. In its most recent filing year (2020), Susannah M Swihart Charitable Foundation reported a surplus of $31K, with revenue exceeding expenses. The organization holds $1 in liabilities against $1.7M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $1.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2020 | $130K | $98K | $1.7M | $1 | — | View 990 |
| 2019 | $59K | $93K | $1.6M | $0 | — | View 990 |
| 2015 | $34K | $91K | $931K | $1 | — | View 990 |
| 2014 | $46K | $83K | $988K | $1 | — | View 990 |
| 2013 | $74K | $82K | $1.0M | $1 | — | View 990 |
| 2012 | $75K | $96K | $1.0M | $1 | — | View 990 |
| 2011 | $28K | $61K | $1.1M | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2020: Revenue of $130K, expenses of $98K, and assets of $1.7M (revenue +117.9% year-over-year).
- 2019: Revenue of $59K, expenses of $93K, and assets of $1.6M (revenue +76.0% year-over-year).
- 2015: Revenue of $34K, expenses of $91K, and assets of $931K (revenue -26.3% year-over-year).
- 2014: Revenue of $46K, expenses of $83K, and assets of $988K (revenue -37.7% year-over-year).
- 2013: Revenue of $74K, expenses of $82K, and assets of $1.0M (revenue -2.5% year-over-year).
- 2012: Revenue of $75K, expenses of $96K, and assets of $1.0M (revenue +166.1% year-over-year).
- 2011: Revenue of $28K, expenses of $61K, and assets of $1.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Susannah M Swihart Charitable Foundation:
Data Sources and Methodology
This transparency report for Susannah M Swihart 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.