Svf Foundation
Svf Foundation experiences significant revenue surge after years of fluctuating finances and zero reported officer compensation.
EIN: 142008091 · Newport, RI · NTEE: D05 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $11.9M |
| Total Expenses | $2.8M |
| Program Spending | 80% |
| Net Assets | $8.0M |
| Transparency Score | 85/100 |
Is Svf Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Svf Foundation directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Svf Foundation
Svf Foundation (EIN: 142008091) is a nonprofit organization based in Newport, RI, classified under NTEE code D05. The organization reported total revenue of $11.9M and total assets of $14.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Svf Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Svf Foundation is a large nonprofit that has been operating for 18 years, with 7 years of IRS 990 filings on record (2011–2020). Revenue has grown at a compound annual rate of 1.5%.
Key Financial Metrics (2020)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.9M |
| Total Expenses | $2.8M |
| Surplus / Deficit | +$142K |
| Total Assets | $8.6M |
| Total Liabilities | $588K |
| Net Assets | $8.0M |
| Operating Margin | 4.9% |
| Debt-to-Asset Ratio | 6.8% |
| Months of Reserves | 37.3 months |
Financial Health Grade: A
In 2020, Svf Foundation reported a surplus of $142K with revenue exceeding expenses, holds 37.3 months of operating reserves (strong position), has a debt-to-asset ratio of 6.8% (very low leverage).
Financial Trends
Over 7 years of filings (2011–2020), Svf Foundation's revenue has grown at a compound annual growth rate (CAGR) of 1.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2020 | -2.3% | -5.2% | -13.2% |
| 2019 | +2.4% | -13.1% | -2.0% |
| 2015 | -32.3% | -33.7% | -2.4% |
| 2014 | +66.1% | +47.5% | +7.3% |
| 2013 | +0.7% | +66.9% | -46.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 8200 |
| IRS Ruling Date | 2008 |
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 Svf Foundation with a Mission Score of 85 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: 80%
- fundraising: 10%
According to IRS 990 filings, Svf Foundation allocates its expenses as follows: admin: 10%, programs: 80%, fundraising: 10%. With 80% 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 $142K, with revenue exceeding expenses.
- Debt-to-asset ratio: 6.8%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that officers are either unpaid or compensated through non-officer channels, which is highly favorable for donor perception and resource allocation.
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 Svf Foundation's IRS 990 filings:
- Historical periods of expenses exceeding revenue (e.g., 2015, 2014, 2013, 2011) could indicate inconsistent financial planning or reliance on reserves.
- Significant year-over-year revenue volatility, with a large jump in the latest period, could suggest reliance on unpredictable funding sources.
Strengths
The following positive indicators were identified for Svf Foundation:
- Consistent reporting of 0% officer compensation across all filings, indicating a strong commitment to minimizing executive overhead.
- Substantial increase in latest reported revenue to $11,910,022, suggesting successful fundraising or significant financial support.
- Healthy asset base of $14,147,364, providing financial stability and capacity for future operations.
Frequently Asked Questions about Svf Foundation
Is Svf Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Svf Foundation (EIN: 142008091) some concerns. Mission Score: 85/100. 2 red flags identified, 3 strengths noted.
How does Svf Foundation spend its money?
Svf Foundation directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Svf Foundation tax-deductible?
Svf Foundation is registered as a tax-exempt nonprofit (EIN: 142008091). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Svf Foundation's spending goes to programs?
Svf Foundation directs 80% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Svf Foundation compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Svf Foundation is above average for NTEE category D05 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Svf Foundation located?
Svf Foundation is headquartered in Newport, Rhode Island and files with the IRS under EIN 142008091. It is classified under NTEE code D05.
How many years of IRS 990 filings does Svf Foundation have?
Svf 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 $11.9M in total revenue.
What caused the substantial increase in revenue to $11,910,022 in the latest period?
The IRS 990 filings show a significant jump in revenue from approximately $2.9 million in 2020 to $11.9 million in the latest period. Understanding the source (e.g., major grant, large donation, investment gains) is crucial for assessing sustainability.
How does the Svf Foundation manage periods where expenses exceed revenue, as seen in 2015 and 2014?
In 2015, expenses ($3,353,782) exceeded revenue ($2,904,863), and similarly in 2014 ($5,058,917 expenses vs. $4,291,934 revenue). This suggests deficit spending, which could be covered by reserves or specific project funding, but warrants clarification on financial planning.
What is the detailed breakdown of program, administrative, and fundraising expenses for the latest fiscal year?
While the overall financial health is assessed, a precise breakdown of how the $11.9 million in revenue is allocated across programs, administration, and fundraising is essential for a complete understanding of spending efficiency.
Filing History
IRS 990 filing history for Svf Foundation showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2011–2020), Svf Foundation's revenue has grown by 14.1%, moving from $2.5M to $2.9M. Total assets decreased by 51.3% over the same period, from $17.7M to $8.6M. Total functional expenses fell by 16.8%, from $3.3M to $2.8M. In its most recent filing year (2020), Svf Foundation reported a surplus of $142K, with revenue exceeding expenses. The organization holds $588K in liabilities against $8.6M in assets (debt-to-asset ratio: 6.8%), resulting in net assets of $8.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2020 | $2.9M | $2.8M | $8.6M | $588K | — | — |
| 2019 | $3.0M | $2.9M | $9.9M | $2.0M | — | — |
| 2015 | $2.9M | $3.4M | $10.1M | $2.1M | — | View 990 |
| 2014 | $4.3M | $5.1M | $10.4M | $1.9M | — | View 990 |
| 2013 | $2.6M | $3.4M | $9.7M | $396K | — | View 990 |
| 2012 | $2.6M | $2.1M | $18.2M | $28K | — | View 990 |
| 2011 | $2.5M | $3.3M | $17.7M | $18K | — | View 990 |
Year-by-Year Financial Summary
- 2020: Revenue of $2.9M, expenses of $2.8M, and assets of $8.6M (revenue -2.3% year-over-year).
- 2019: Revenue of $3.0M, expenses of $2.9M, and assets of $9.9M (revenue +2.4% year-over-year).
- 2015: Revenue of $2.9M, expenses of $3.4M, and assets of $10.1M (revenue -32.3% year-over-year).
- 2014: Revenue of $4.3M, expenses of $5.1M, and assets of $10.4M (revenue +66.1% year-over-year).
- 2013: Revenue of $2.6M, expenses of $3.4M, and assets of $9.7M (revenue +0.7% year-over-year).
- 2012: Revenue of $2.6M, expenses of $2.1M, and assets of $18.2M (revenue +0.7% year-over-year).
- 2011: Revenue of $2.5M, expenses of $3.3M, and assets of $17.7M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Svf Foundation:
Data Sources and Methodology
This transparency report for Svf 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.