Swede Anderson Foundation Trust
Swede Anderson Foundation Trust maintains financial stability with no executive compensation, despite declining assets.
EIN: 166208191 · Scottsdale, AZ · Updated: 2026-03-28
Is Swede Anderson Foundation Trust Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Swede Anderson Foundation Trust directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Swede Anderson Foundation Trust
Swede Anderson Foundation Trust (EIN: 166208191) is a nonprofit organization based in Scottsdale, AZ. The organization reported total revenue of $225K and total assets of $479K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Swede Anderson Foundation Trust's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Swede Anderson Foundation Trust is a small nonprofit that has been operating for 49 years, with 5 years of IRS 990 filings on record (2011–2015). Revenue has grown at a compound annual rate of 35.6%.
Key Financial Metrics (2015)
From the most recent IRS 990 filing on record:
| Total Revenue | $214K |
| Total Expenses | $160K |
| Surplus / Deficit | +$53K |
| Total Assets | $560K |
| Total Liabilities | $1 |
| Net Assets | $560K |
| Operating Margin | 25.0% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 41.9 months |
Financial Health Grade: A
In 2015, Swede Anderson Foundation Trust reported a surplus of $53K with revenue exceeding expenses, holds 41.9 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 5 years of filings (2011–2015), Swede Anderson Foundation Trust's revenue has grown at a compound annual growth rate (CAGR) of 35.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2015 | +16.0% | +16.6% | -25.6% |
| 2014 | +121.5% | +2.1% | -1.4% |
| 2013 | -57.9% | +34.0% | -6.3% |
| 2012 | +212.1% | -7.7% | +13.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1977 |
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 Swede Anderson Foundation Trust with a Mission Score of 90 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, Swede Anderson Foundation Trust 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 (2015)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $53K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation has consistently been reported as 0% across all five available filings, indicating that no salaries are paid to officers. This is highly unusual for an organization with revenues exceeding $200,000 and suggests a volunteer-led or trust-managed structure, which maximizes funds available for its 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 Swede Anderson Foundation Trust's IRS 990 filings:
- Consistent decline in total assets over the past five years without clear explanation in summary data.
Strengths
The following positive indicators were identified for Swede Anderson Foundation Trust:
- Consistent financial surpluses in most years (e.g., $213,509 revenue vs. $160,228 expenses in 2015).
- Zero officer compensation reported across all filings, maximizing mission-related spending.
- Very low liabilities ($0-$1) indicating strong financial management.
- Multiple years of IRS 990 filings available, demonstrating transparency.
Frequently Asked Questions about Swede Anderson Foundation Trust
Is Swede Anderson Foundation Trust a legitimate charity?
Based on AI analysis of IRS 990 filings, Swede Anderson Foundation Trust (EIN: 166208191) some concerns. Mission Score: 90/100. 1 red flag identified, 4 strengths noted.
How does Swede Anderson Foundation Trust spend its money?
Swede Anderson Foundation Trust directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Swede Anderson Foundation Trust tax-deductible?
Swede Anderson Foundation Trust is registered as a tax-exempt nonprofit (EIN: 166208191). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Why have the organization's assets declined from $717,634 in 2011 to $478,540 currently?
The IRS 990 data shows a consistent decline in assets over the period, from $717,634 in 2011 to $478,540 in the latest filing. This could be due to significant grant distributions, investment losses, or a combination of factors not detailed in the summary data. Further review of the full 990 forms, specifically Part X (Balance Sheet) and Part VIII (Statement of Revenue), would be needed to understand the specific causes.
What are the specific programs or grants funded by the Swede Anderson Foundation Trust?
The provided IRS 990 summary data does not detail specific programs or grants. To understand the nature of its programmatic spending, one would need to review Schedule I (Grants and Other Assistance to Organizations, Governments, and Individuals in the United States) and Part III (Statement of Program Service Accomplishments) of the full IRS 990 forms.
How does the organization manage its operations without any reported officer compensation?
The consistent reporting of 0% officer compensation suggests that the organization is either entirely volunteer-run at the executive level, or its operations are managed by a trust or entity that does not report compensation in this section. This structure allows a higher percentage of funds to be directed towards its mission.
Filing History
IRS 990 filing history for Swede Anderson Foundation Trust showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2011–2015), Swede Anderson Foundation Trust's revenue has grown by 237.6%, moving from $63K to $214K. Total assets decreased by 22% over the same period, from $718K to $560K. Total functional expenses rose by 47.3%, from $109K to $160K. In its most recent filing year (2015), Swede Anderson Foundation Trust reported a surplus of $53K, with revenue exceeding expenses. The organization holds $1 in liabilities against $560K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $560K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2015 | $214K | $160K | $560K | $1 | — | View 990 |
| 2014 | $184K | $137K | $753K | $1 | — | View 990 |
| 2013 | $83K | $135K | $763K | $1 | — | View 990 |
| 2012 | $197K | $100K | $815K | $1 | — | View 990 |
| 2011 | $63K | $109K | $718K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2015: Revenue of $214K, expenses of $160K, and assets of $560K (revenue +16.0% year-over-year).
- 2014: Revenue of $184K, expenses of $137K, and assets of $753K (revenue +121.5% year-over-year).
- 2013: Revenue of $83K, expenses of $135K, and assets of $763K (revenue -57.9% year-over-year).
- 2012: Revenue of $197K, expenses of $100K, and assets of $815K (revenue +212.1% year-over-year).
- 2011: Revenue of $63K, expenses of $109K, and assets of $718K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Swede Anderson Foundation Trust:
Data Sources and Methodology
This transparency report for Swede Anderson Foundation Trust 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.