Sweet Monday Inc
Sweet Monday Inc. shows consistent revenue growth and no reported officer compensation, maintaining a stable financial position.
EIN: 200880508 · Henrico, VA · NTEE: X83 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $206K |
| Total Expenses | $175K |
| Program Spending | 80% |
| Net Assets | $121K |
| Transparency Score | 85/100 |
Is Sweet Monday Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Sweet Monday Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Sweet Monday Inc
Sweet Monday Inc (EIN: 200880508) is a nonprofit organization based in Henrico, VA, classified under NTEE code X83. The organization reported total revenue of $206K and total assets of $155K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Sweet Monday Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Sweet Monday Inc is a small nonprofit that has been operating for 21 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 6.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $187K |
| Total Expenses | $175K |
| Surplus / Deficit | +$13K |
| Total Assets | $124K |
| Total Liabilities | $3K |
| Net Assets | $121K |
| Operating Margin | 6.9% |
| Debt-to-Asset Ratio | 2.3% |
| Months of Reserves | 8.5 months |
Financial Health Grade: A
In 2023, Sweet Monday Inc reported a surplus of $13K with revenue exceeding expenses, holds 8.5 months of operating reserves (strong position), has a debt-to-asset ratio of 2.3% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Sweet Monday Inc's revenue has grown at a compound annual growth rate (CAGR) of 6.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +42.1% | +1.3% | +9.3% |
| 2022 | -33.2% | +45.6% | -25.9% |
| 2021 | +113.7% | +41.2% | +107.9% |
| 2020 | +26.2% | -4.1% | +15.1% |
| 2019 | -5.7% | +26.7% | -19.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 7000 |
| 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 Sweet Monday Inc 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Sweet Monday Inc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% 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 $13K, with revenue exceeding expenses.
- Debt-to-asset ratio: 2.3%.
Executive Compensation Analysis
Sweet Monday Inc. consistently reports 0% officer compensation across all available filings, indicating that no salaries are paid to its officers, which is highly favorable for a nonprofit 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 Sweet Monday Inc's IRS 990 filings:
- Lack of detailed functional expense breakdown in provided data, making precise spending efficiency analysis difficult.
Strengths
The following positive indicators were identified for Sweet Monday Inc:
- Consistent reporting of 0% officer compensation, indicating strong commitment to directing funds to mission.
- Healthy asset growth, reaching $124,079 in 2023, demonstrating financial stability.
- Consistently low liabilities, suggesting minimal debt and good financial management.
- Strong revenue recovery and growth in recent years, from $92,373 in 2020 to $187,497 in 2023.
Frequently Asked Questions about Sweet Monday Inc
Is Sweet Monday Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Sweet Monday Inc (EIN: 200880508) some concerns. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
How does Sweet Monday Inc spend its money?
Sweet Monday Inc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Sweet Monday Inc tax-deductible?
Sweet Monday Inc is registered as a tax-exempt nonprofit (EIN: 200880508). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Sweet Monday Inc's spending goes to programs?
Sweet Monday Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Sweet Monday Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Sweet Monday Inc is above average for NTEE category X83 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Sweet Monday Inc located?
Sweet Monday Inc is headquartered in Henrico, Virginia and files with the IRS under EIN 200880508. It is classified under NTEE code X83.
How many years of IRS 990 filings does Sweet Monday Inc have?
Sweet Monday Inc has 13 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 $206K in total revenue.
Is Sweet Monday Inc. a good charity?
Based on the available data, Sweet Monday Inc. appears to be a well-managed charity. It consistently reports no officer compensation, maintains low liabilities, and has shown recent revenue growth. However, a detailed breakdown of program vs. administrative spending would provide a clearer picture of its efficiency.
How has Sweet Monday Inc.'s revenue trended over time?
Sweet Monday Inc.'s revenue has shown a generally positive trend, recovering strongly from a dip in 2019 ($73,185) and 2020 ($92,373) to reach $197,441 in 2021 and $187,497 in 2023, indicating robust recent growth.
What is the organization's financial stability?
The organization demonstrates good financial stability, with assets growing to $124,079 in 2023 and liabilities remaining consistently low ($2,874 in 2023). This indicates a healthy balance sheet and prudent financial management.
Filing History
IRS 990 filing history for Sweet Monday Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Sweet Monday Inc's revenue has grown by 107.8%, moving from $90K to $187K. Total assets increased by 1336.3% over the same period, from $9K to $124K. Total functional expenses rose by 71.5%, from $102K to $175K. In its most recent filing year (2023), Sweet Monday Inc reported a surplus of $13K, with revenue exceeding expenses. The organization holds $3K in liabilities against $124K in assets (debt-to-asset ratio: 2.3%), resulting in net assets of $121K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $187K | $175K | $124K | $3K | — | — |
| 2022 | $132K | $172K | $114K | $5K | — | View 990 |
| 2021 | $197K | $118K | $153K | $5K | — | View 990 |
| 2020 | $92K | $84K | $74K | $4K | — | View 990 |
| 2019 | $73K | $87K | $64K | $3K | — | View 990 |
| 2018 | $78K | $69K | $79K | $4K | — | View 990 |
| 2017 | $84K | $71K | $71K | $4K | — | View 990 |
| 2016 | $89K | $77K | $57K | $3K | — | View 990 |
| 2015 | $68K | $79K | $44K | $3K | — | View 990 |
| 2014 | $105K | $82K | $54K | $2K | — | View 990 |
| 2013 | $113K | $99K | $31K | $2K | — | View 990 |
| 2012 | $101K | $93K | $16K | $2K | — | View 990 |
| 2011 | $90K | $102K | $9K | $2K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $187K, expenses of $175K, and assets of $124K (revenue +42.1% year-over-year).
- 2022: Revenue of $132K, expenses of $172K, and assets of $114K (revenue -33.2% year-over-year).
- 2021: Revenue of $197K, expenses of $118K, and assets of $153K (revenue +113.7% year-over-year).
- 2020: Revenue of $92K, expenses of $84K, and assets of $74K (revenue +26.2% year-over-year).
- 2019: Revenue of $73K, expenses of $87K, and assets of $64K (revenue -5.7% year-over-year).
- 2018: Revenue of $78K, expenses of $69K, and assets of $79K (revenue -8.0% year-over-year).
- 2017: Revenue of $84K, expenses of $71K, and assets of $71K (revenue -5.5% year-over-year).
- 2016: Revenue of $89K, expenses of $77K, and assets of $57K (revenue +30.5% year-over-year).
- 2015: Revenue of $68K, expenses of $79K, and assets of $44K (revenue -34.6% year-over-year).
- 2014: Revenue of $105K, expenses of $82K, and assets of $54K (revenue -7.4% year-over-year).
- 2013: Revenue of $113K, expenses of $99K, and assets of $31K (revenue +11.7% year-over-year).
- 2012: Revenue of $101K, expenses of $93K, and assets of $16K (revenue +12.1% year-over-year).
- 2011: Revenue of $90K, expenses of $102K, and assets of $9K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Sweet Monday Inc:
Data Sources and Methodology
This transparency report for Sweet Monday Inc 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.