Sweet House Foundation
Sweet House Foundation shows consistent revenue growth and strong financial stability with zero reported officer compensation.
EIN: 202260362 · Grand Rapids, MI · NTEE: A50 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $503K |
| Total Expenses | $257K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $503,038 |
| Net Assets | $392K |
| Transparency Score | 92/100 |
Is Sweet House Foundation Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Sweet House Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Sweet House Foundation
Sweet House Foundation (EIN: 202260362) is a nonprofit organization based in Grand Rapids, MI, classified under NTEE code A50. The organization reported total revenue of $503K and total assets of $499K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Sweet House Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Sweet House Foundation is a small nonprofit that has been operating for 20 years, with 14 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 6.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $284K |
| Total Expenses | $257K |
| Surplus / Deficit | +$27K |
| Total Assets | $407K |
| Total Liabilities | $15K |
| Net Assets | $392K |
| Operating Margin | 9.4% |
| Debt-to-Asset Ratio | 3.8% |
| Months of Reserves | 19.0 months |
Financial Health Grade: A
In 2023, Sweet House Foundation reported a surplus of $27K with revenue exceeding expenses, holds 19.0 months of operating reserves (strong position), has a debt-to-asset ratio of 3.8% (very low leverage).
Financial Trends
Over 14 years of filings (2011–2023), Sweet House Foundation's revenue has grown at a compound annual growth rate (CAGR) of 6.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -24.0% | -32.4% | +4.3% |
| 2022 | +42.6% | +43.1% | -1.4% |
| 2021 | +60.2% | +42.4% | +3.5% |
| 2020 | +10.9% | +8.2% | -4.7% |
| 2019 | +62.6% | +22.3% | -3.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
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 Sweet House 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Sweet House Foundation allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. 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 surplus of $27K, with revenue exceeding expenses.
- Debt-to-asset ratio: 3.8%.
Executive Compensation Analysis
Sweet House Foundation consistently reports 0% officer compensation across all available filings, indicating that no salaries are paid to its officers. This is highly unusual for an organization of its size (latest revenue $503,038) and suggests a volunteer-led executive structure, which maximizes funds available for programs.
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 Sweet House Foundation:
- Consistent 0% officer compensation, maximizing program funds.
- Healthy asset base consistently above $400,000, indicating financial stability.
- Low liabilities across all periods, suggesting prudent financial management.
- General upward trend in revenue over the past several years, showing growth.
- Extensive filing history (14 IRS 990s) demonstrating strong transparency.
Frequently Asked Questions about Sweet House Foundation
Is Sweet House Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Sweet House Foundation (EIN: 202260362) appears legitimate. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
How does Sweet House Foundation spend its money?
Sweet House Foundation directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Sweet House Foundation tax-deductible?
Sweet House Foundation is registered as a tax-exempt nonprofit (EIN: 202260362). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Sweet House Foundation CEO make?
Sweet House Foundation's highest-compensated officer earns $503,038 annually. The organization reported $503K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Sweet House Foundation's spending goes to programs?
Sweet House Foundation directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Sweet House Foundation compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Sweet House Foundation is above average for NTEE category A50 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Sweet House Foundation located?
Sweet House Foundation is headquartered in Grand Rapids, Michigan and files with the IRS under EIN 202260362. It is classified under NTEE code A50.
How many years of IRS 990 filings does Sweet House Foundation have?
Sweet House Foundation has 14 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 $503K in total revenue.
Is Sweet House Foundation a good charity?
Based on the provided financial data, Sweet House Foundation appears to be a very good charity. It demonstrates strong financial health with growing revenues, a solid asset base, and minimal liabilities. Crucially, it reports 0% officer compensation, meaning funds are not diverted to executive salaries, which is a significant positive indicator of efficiency and dedication to its mission.
How has Sweet House Foundation's revenue trended over time?
Sweet House Foundation's revenue has shown a general upward trend over the past several years, increasing from $88,541 in 201504 to $283,559 in 202312, with the latest reported revenue at $503,038. This indicates growth and increasing support for the organization.
What is the organization's financial stability?
The organization exhibits strong financial stability. Its assets have consistently been robust, often exceeding $400,000 (e.g., $407,233 in 202312), while liabilities have remained very low (e.g., $15,317 in 202312), indicating a healthy financial position and low debt burden.
Filing History
IRS 990 filing history for Sweet House Foundation showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2023), Sweet House Foundation's revenue has grown by 115%, moving from $132K to $284K. Total assets decreased by 4.5% over the same period, from $427K to $407K. Total functional expenses rose by 75.1%, from $147K to $257K. In its most recent filing year (2023), Sweet House Foundation reported a surplus of $27K, with revenue exceeding expenses. The organization holds $15K in liabilities against $407K in assets (debt-to-asset ratio: 3.8%), resulting in net assets of $392K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $284K | $257K | $407K | $15K | — | View 990 |
| 2022 | $373K | $380K | $390K | $25K | — | View 990 |
| 2021 | $262K | $266K | $396K | $24K | — | View 990 |
| 2020 | $163K | $186K | $382K | $7K | — | View 990 |
| 2019 | $147K | $172K | $401K | $2K | — | View 990 |
| 2018 | $91K | $141K | $417K | $4K | — | View 990 |
| 2017 | $102K | $92K | $475K | $1K | — | View 990 |
| 2016 | $62K | $66K | $467K | $3K | — | View 990 |
| 2016 | $96K | $59K | $467K | $0 | — | View 990 |
| 2015 | $89K | $72K | $438K | $0 | — | View 990 |
| 2014 | $111K | $124K | $426K | $0 | — | View 990 |
| 2013 | $100K | $108K | $441K | $2K | — | View 990 |
| 2012 | $137K | $120K | $445K | $2K | — | View 990 |
| 2011 | $132K | $147K | $427K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $284K, expenses of $257K, and assets of $407K (revenue -24.0% year-over-year).
- 2022: Revenue of $373K, expenses of $380K, and assets of $390K (revenue +42.6% year-over-year).
- 2021: Revenue of $262K, expenses of $266K, and assets of $396K (revenue +60.2% year-over-year).
- 2020: Revenue of $163K, expenses of $186K, and assets of $382K (revenue +10.9% year-over-year).
- 2019: Revenue of $147K, expenses of $172K, and assets of $401K (revenue +62.6% year-over-year).
- 2018: Revenue of $91K, expenses of $141K, and assets of $417K (revenue -11.0% year-over-year).
- 2017: Revenue of $102K, expenses of $92K, and assets of $475K (revenue +63.1% year-over-year).
- 2016: Revenue of $62K, expenses of $66K, and assets of $467K (revenue -34.8% year-over-year).
- 2016: Revenue of $96K, expenses of $59K, and assets of $467K (revenue +8.1% year-over-year).
- 2015: Revenue of $89K, expenses of $72K, and assets of $438K (revenue -20.1% year-over-year).
- 2014: Revenue of $111K, expenses of $124K, and assets of $426K (revenue +11.3% year-over-year).
- 2013: Revenue of $100K, expenses of $108K, and assets of $441K (revenue -27.4% year-over-year).
- 2012: Revenue of $137K, expenses of $120K, and assets of $445K (revenue +4.0% year-over-year).
- 2011: Revenue of $132K, expenses of $147K, and assets of $427K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Sweet House Foundation:
Data Sources and Methodology
This transparency report for Sweet House 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.