Swbc Foundation
SWBC Foundation shows fluctuating revenue but consistent zero executive compensation and strong asset base.
EIN: 200511684 · San Antonio, TX · NTEE: T21 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $7.6M |
| Total Expenses | $1.4M |
| Program Spending | 90% |
| Net Assets | $18.1M |
| Transparency Score | 92/100 |
Is Swbc Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Swbc Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Swbc Foundation
Swbc Foundation (EIN: 200511684) is a nonprofit organization based in San Antonio, TX, classified under NTEE code T21. The organization reported total revenue of $7.6M and total assets of $18.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Swbc Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Swbc Foundation is a mid-size nonprofit that has been operating for 21 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 0.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $992K |
| Total Expenses | $1.4M |
| Surplus / Deficit | $-363,445 |
| Total Assets | $18.5M |
| Total Liabilities | $402K |
| Net Assets | $18.1M |
| Operating Margin | -36.6% |
| Debt-to-Asset Ratio | 2.2% |
| Months of Reserves | 164.2 months |
Financial Health Grade: B
In 2023, Swbc Foundation reported a deficit of $363K with expenses exceeding revenue, holds 164.2 months of operating reserves (strong position), has a debt-to-asset ratio of 2.2% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Swbc Foundation's revenue has grown at a compound annual growth rate (CAGR) of 0.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -80.3% | +12.8% | -2.9% |
| 2022 | +230.5% | +13.3% | +25.6% |
| 2021 | +175.2% | +5.0% | +3.9% |
| 2020 | -30.5% | +0.6% | -2.8% |
| 2019 | -36.2% | -5.7% | +11.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2005 |
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 Swbc Foundation 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, Swbc Foundation 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 deficit of $363K, with expenses exceeding revenue.
- Debt-to-asset ratio: 2.2%.
Executive Compensation Analysis
Executive compensation is consistently reported at 0% across all available filings, indicating that no officer salaries are paid, which is highly favorable for directing funds to the mission.
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 Swbc Foundation's IRS 990 filings:
- Volatile revenue streams, as seen by the drop from $5,034,568 in 2022 to $991,692 in 2023, could pose challenges for consistent program planning.
Strengths
The following positive indicators were identified for Swbc Foundation:
- Consistent 0% officer compensation across all filings, indicating high efficiency and dedication to mission.
- Strong asset base of $18,543,556 in 2023, providing financial stability and long-term capacity.
- Significant revenue in some years (e.g., $5,034,568 in 2022) demonstrates capacity for substantial fundraising or investment gains.
Frequently Asked Questions about Swbc Foundation
Is Swbc Foundation a legitimate charity?
Swbc Foundation (EIN: 200511684) is a registered tax-exempt nonprofit based in Texas. Our AI analysis gives it a Mission Score of 92/100. It has 10 years of IRS 990 filings on record. Total revenue: $7.6M. 1 red flag identified. 3 strengths noted. Financial health grade: B.
How does Swbc Foundation spend its money?
Swbc Foundation directs 90% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Swbc Foundation tax-deductible?
Swbc Foundation is registered as a tax-exempt nonprofit (EIN: 200511684). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Swbc Foundation's spending goes to programs?
Swbc Foundation directs 90% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Swbc Foundation compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Swbc Foundation is above average for NTEE category T21 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Swbc Foundation located?
Swbc Foundation is headquartered in San Antonio, Texas and files with the IRS under EIN 200511684. It is classified under NTEE code T21.
How many years of IRS 990 filings does Swbc Foundation have?
Swbc 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 $7.6M in total revenue.
Is SWBC Foundation a good charity?
Based on the available data, the SWBC Foundation appears to be a good charity. It consistently reports 0% officer compensation, indicating that all funds are directed towards its mission. While revenue can fluctuate, its substantial asset base ($18,543,556 in 2023) provides financial stability.
How does SWBC Foundation manage its expenses?
The foundation's expenses have been relatively stable, hovering around $1 million to $1.3 million annually in recent years. In 2023, expenses were $1,355,137. The consistent 0% officer compensation suggests a lean operational structure focused on program delivery.
What is the trend in SWBC Foundation's revenue?
SWBC Foundation's revenue has shown significant fluctuations. For example, it jumped from $1,523,187 in 2021 to $5,034,568 in 2022, then dropped to $991,692 in 2023. This volatility suggests reliance on large, potentially irregular, contributions or investment performance.
Filing History
IRS 990 filing history for Swbc Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Swbc Foundation's revenue has grown by 11.9%, moving from $887K to $992K. Total assets increased by 50% over the same period, from $12.4M to $18.5M. Total functional expenses rose by 49.1%, from $909K to $1.4M. In its most recent filing year (2023), Swbc Foundation reported a deficit of $363K, with expenses exceeding revenue. The organization holds $402K in liabilities against $18.5M in assets (debt-to-asset ratio: 2.2%), resulting in net assets of $18.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $992K | $1.4M | $18.5M | $402K | — | — |
| 2022 | $5.0M | $1.2M | $19.1M | $585K | — | View 990 |
| 2021 | $1.5M | $1.1M | $15.2M | $556K | — | View 990 |
| 2020 | $553K | $1.0M | $14.6M | $445K | — | — |
| 2019 | $797K | $1.0M | $15.1M | $415K | — | — |
| 2015 | $1.2M | $1.1M | $13.5M | $0 | — | View 990 |
| 2014 | $1.3M | $889K | $13.3M | $0 | — | View 990 |
| 2013 | $804K | $801K | $12.9M | $0 | — | View 990 |
| 2012 | $1.3M | $822K | $12.9M | $0 | — | View 990 |
| 2011 | $887K | $909K | $12.4M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $992K, expenses of $1.4M, and assets of $18.5M (revenue -80.3% year-over-year).
- 2022: Revenue of $5.0M, expenses of $1.2M, and assets of $19.1M (revenue +230.5% year-over-year).
- 2021: Revenue of $1.5M, expenses of $1.1M, and assets of $15.2M (revenue +175.2% year-over-year).
- 2020: Revenue of $553K, expenses of $1.0M, and assets of $14.6M (revenue -30.5% year-over-year).
- 2019: Revenue of $797K, expenses of $1.0M, and assets of $15.1M (revenue -36.2% year-over-year).
- 2015: Revenue of $1.2M, expenses of $1.1M, and assets of $13.5M (revenue -3.7% year-over-year).
- 2014: Revenue of $1.3M, expenses of $889K, and assets of $13.3M (revenue +61.2% year-over-year).
- 2013: Revenue of $804K, expenses of $801K, and assets of $12.9M (revenue -39.3% year-over-year).
- 2012: Revenue of $1.3M, expenses of $822K, and assets of $12.9M (revenue +49.4% year-over-year).
- 2011: Revenue of $887K, expenses of $909K, and assets of $12.4M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Swbc Foundation:
Data Sources and Methodology
This transparency report for Swbc 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.