Sutaruk Foundation
Sutaruk Foundation consistently operates at a deficit, leading to a significant decline in assets over the past decade.
EIN: 113673305 · Bloomfld Hls, MI · NTEE: T20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.8M |
| Total Expenses | $289K |
| Program Spending | 70% |
| Net Assets | $1.0M |
| Transparency Score | 45/100 |
Is Sutaruk Foundation Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Sutaruk Foundation directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Sutaruk Foundation
Sutaruk Foundation (EIN: 113673305) is a nonprofit organization based in Bloomfld Hls, MI, classified under NTEE code T20. The organization reported total revenue of $1.8M and total assets of $1.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Sutaruk Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Sutaruk Foundation is a mid-size nonprofit that has been operating for 23 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 0.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $52K |
| Total Expenses | $289K |
| Surplus / Deficit | $-236,757 |
| Total Assets | $1.0M |
| Total Liabilities | $1 |
| Net Assets | $1.0M |
| Operating Margin | -453.1% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 42.5 months |
Financial Health Grade: B
In 2023, Sutaruk Foundation reported a deficit of $237K with expenses exceeding revenue, holds 42.5 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), Sutaruk Foundation's revenue has grown at a compound annual growth rate (CAGR) of 0.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +45.8% | +31.2% | -13.3% |
| 2022 | +51.7% | +9.3% | -13.5% |
| 2021 | -42.2% | -20.5% | -11.3% |
| 2020 | -33.7% | +10.0% | -12.0% |
| 2019 | +81.5% | -6.1% | -26.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2003 |
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 Sutaruk Foundation with a Mission Score of 45 out of 100 (Fair). 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, Sutaruk Foundation 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 $237K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers or key employees are receiving salaries from the foundation, which is highly efficient for an organization 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 Sutaruk Foundation's IRS 990 filings:
- Consistent and significant operating deficits (e.g., $289,013 expenses vs. $52,256 revenue in 2023).
- Steep and continuous decline in total assets over the past decade (from $3.37M in 2011 to $1.02M in 2023).
- Revenue generation is consistently low relative to expenses, indicating a reliance on asset drawdowns.
Strengths
The following positive indicators were identified for Sutaruk Foundation:
- Zero officer compensation reported across all filings, indicating efficient executive cost management.
- Consistent filing of IRS Form 990s, demonstrating transparency in financial reporting.
- Low liabilities reported ($0 or $1 across all filings), suggesting minimal debt burden.
Frequently Asked Questions about Sutaruk Foundation
Is Sutaruk Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Sutaruk Foundation (EIN: 113673305) significant concerns. Mission Score: 45/100. 3 red flags identified, 3 strengths noted.
How does Sutaruk Foundation spend its money?
Sutaruk Foundation directs 70% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Sutaruk Foundation tax-deductible?
Sutaruk Foundation is registered as a tax-exempt nonprofit (EIN: 113673305). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Sutaruk Foundation's spending goes to programs?
Sutaruk Foundation directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
How does Sutaruk Foundation compare to similar nonprofits?
With a transparency score of 45/100 (Fair), Sutaruk Foundation is near average for NTEE category T20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Sutaruk Foundation located?
Sutaruk Foundation is headquartered in Bloomfld Hls, Michigan and files with the IRS under EIN 113673305. It is classified under NTEE code T20.
How many years of IRS 990 filings does Sutaruk Foundation have?
Sutaruk 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 $1.8M in total revenue.
Is Sutaruk Foundation financially sustainable?
Based on the consistent trend of expenses significantly exceeding revenue (e.g., $289,013 expenses vs. $52,256 revenue in 2023), the foundation's current financial model does not appear sustainable in the long term without a substantial increase in revenue or reduction in expenses.
Why are the assets declining so rapidly?
The assets are declining because the foundation consistently spends more than it earns, drawing down its principal to cover operational costs and grants. Assets decreased from $3,367,132 in 2011 to $1,022,408 in 2023.
What is the primary use of the foundation's funds?
While specific program spending details are not provided, the NTEE code T20 suggests the foundation is primarily involved in grantmaking. However, without a detailed breakdown of expenses, it's difficult to ascertain the exact allocation between grants, administrative costs, and other expenditures.
Filing History
IRS 990 filing history for Sutaruk Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Sutaruk Foundation's revenue has grown by 8.7%, moving from $48K to $52K. Total assets decreased by 69.6% over the same period, from $3.4M to $1.0M. Total functional expenses fell by 28.2%, from $403K to $289K. In its most recent filing year (2023), Sutaruk Foundation reported a deficit of $237K, with expenses exceeding revenue. The organization holds $1 in liabilities against $1.0M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $1.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $52K | $289K | $1.0M | $1 | — | View 990 |
| 2022 | $36K | $220K | $1.2M | $1 | — | View 990 |
| 2021 | $24K | $202K | $1.4M | $1 | — | — |
| 2020 | $41K | $254K | $1.5M | $1 | — | — |
| 2019 | $62K | $231K | $1.7M | $0 | — | View 990 |
| 2015 | $34K | $246K | $2.4M | $0 | — | View 990 |
| 2014 | $44K | $321K | $2.6M | $0 | — | View 990 |
| 2013 | $48K | $291K | $2.9M | $0 | — | View 990 |
| 2012 | $34K | $304K | $3.1M | $0 | — | View 990 |
| 2011 | $48K | $403K | $3.4M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $52K, expenses of $289K, and assets of $1.0M (revenue +45.8% year-over-year).
- 2022: Revenue of $36K, expenses of $220K, and assets of $1.2M (revenue +51.7% year-over-year).
- 2021: Revenue of $24K, expenses of $202K, and assets of $1.4M (revenue -42.2% year-over-year).
- 2020: Revenue of $41K, expenses of $254K, and assets of $1.5M (revenue -33.7% year-over-year).
- 2019: Revenue of $62K, expenses of $231K, and assets of $1.7M (revenue +81.5% year-over-year).
- 2015: Revenue of $34K, expenses of $246K, and assets of $2.4M (revenue -23.0% year-over-year).
- 2014: Revenue of $44K, expenses of $321K, and assets of $2.6M (revenue -8.6% year-over-year).
- 2013: Revenue of $48K, expenses of $291K, and assets of $2.9M (revenue +41.0% year-over-year).
- 2012: Revenue of $34K, expenses of $304K, and assets of $3.1M (revenue -28.7% year-over-year).
- 2011: Revenue of $48K, expenses of $403K, and assets of $3.4M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Sutaruk Foundation:
Data Sources and Methodology
This transparency report for Sutaruk 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.