Sweet Sleep Inc
Sweet Sleep Inc. consistently reports 0% officer compensation amidst fluctuating revenues and stable asset growth.
EIN: 205757551 · Brentwood, TN · NTEE: P58 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $410K |
| Total Expenses | $381K |
| Program Spending | 85% |
| CEO/Top Officer Pay | $300,000 |
| Net Assets | $148K |
| Transparency Score | 90/100 |
Is Sweet Sleep Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Sweet Sleep Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Sweet Sleep Inc
Sweet Sleep Inc (EIN: 205757551) is a nonprofit organization based in Brentwood, TN, classified under NTEE code P58. The organization reported total revenue of $410K and total assets of $164K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Sweet Sleep Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Sweet Sleep Inc is a small nonprofit that has been operating for 19 years, with 14 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -5.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $392K |
| Total Expenses | $381K |
| Surplus / Deficit | +$12K |
| Total Assets | $153K |
| Total Liabilities | $5K |
| Net Assets | $148K |
| Operating Margin | 3.0% |
| Debt-to-Asset Ratio | 3.2% |
| Months of Reserves | 4.8 months |
Financial Health Grade: A
In 2023, Sweet Sleep Inc reported a surplus of $12K with revenue exceeding expenses, holds 4.8 months of operating reserves (adequate), has a debt-to-asset ratio of 3.2% (very low leverage).
Financial Trends
Over 14 years of filings (2011–2023), Sweet Sleep Inc's revenue has declined at a compound annual growth rate (CAGR) of -5.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +13.1% | -13.8% | +7.9% |
| 2022 | -20.0% | +20.5% | -39.6% |
| 2021 | +20.9% | +32.4% | +40.2% |
| 2020 | +23.9% | -2.7% | +95.2% |
| 2019 | +192.6% | +235.8% | -15.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
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 Sleep Inc 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: 85%
- fundraising: 5%
According to IRS 990 filings, Sweet Sleep Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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 $12K, with revenue exceeding expenses.
- Debt-to-asset ratio: 3.2%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no salaries are paid to officers, which is highly unusual for an organization with revenues exceeding $300,000 annually.
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 Sleep Inc's IRS 990 filings:
- Significant deficit in 2022 where expenses ($441,665) substantially exceeded revenue ($347,106).
Strengths
The following positive indicators were identified for Sweet Sleep Inc:
- Consistent reporting of 0% officer compensation, indicating high efficiency in leadership costs.
- Strong history of IRS 990 filings (14 filings), demonstrating commitment to transparency and compliance.
- Generally stable asset growth, reaching $163,997 in the latest period.
- Low liabilities consistently maintained, such as $4,958 in 2023, indicating responsible financial management.
Frequently Asked Questions about Sweet Sleep Inc
Is Sweet Sleep Inc a legitimate charity?
Sweet Sleep Inc (EIN: 205757551) is a registered tax-exempt nonprofit based in Tennessee. Our AI analysis gives it a Mission Score of 90/100. It has 14 years of IRS 990 filings on record. Total revenue: $410K. 1 red flag identified. 4 strengths noted. Financial health grade: A.
How does Sweet Sleep Inc spend its money?
Sweet Sleep Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Sweet Sleep Inc tax-deductible?
Sweet Sleep Inc is registered as a tax-exempt nonprofit (EIN: 205757551). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Sweet Sleep Inc CEO make?
Sweet Sleep Inc's highest-compensated officer earns $300,000 annually. The organization reported $410K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Sweet Sleep Inc's spending goes to programs?
Sweet Sleep Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Sweet Sleep Inc compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Sweet Sleep Inc is above average for NTEE category P58 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Sweet Sleep Inc located?
Sweet Sleep Inc is headquartered in Brentwood, Tennessee and files with the IRS under EIN 205757551. It is classified under NTEE code P58.
How many years of IRS 990 filings does Sweet Sleep Inc have?
Sweet Sleep Inc 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 $410K in total revenue.
Is Sweet Sleep Inc. a good charity?
Based on the available IRS 990 data, Sweet Sleep Inc. appears to be a good charity. It consistently reports 0% officer compensation, indicating that funds are not being used for executive salaries. The organization has a history of regular financial filings, demonstrating transparency, and generally maintains a healthy balance between revenue and expenses, with a surplus in 2023.
How does Sweet Sleep Inc. manage its executive compensation?
Sweet Sleep Inc. reports 0% officer compensation in all available IRS 990 filings. This means that no salaries or other compensation are paid to its officers, which is a strong indicator of a volunteer-led or highly efficient leadership structure.
What is Sweet Sleep Inc.'s financial trend over the past few years?
Sweet Sleep Inc. has experienced fluctuating revenues, from $434,052 in 2021 to $347,106 in 2022, and then $392,407 in 2023. Expenses have generally followed revenue trends, with a notable deficit in 2022 ($441,665 expenses vs. $347,106 revenue) and a surplus in 2023 ($380,675 expenses vs. $392,407 revenue). Assets have shown growth, reaching $163,997 in the latest period.
Filing History
IRS 990 filing history for Sweet Sleep Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2023), Sweet Sleep Inc's revenue has declined by 52.1%, moving from $819K to $392K. Total assets decreased by 29.8% over the same period, from $217K to $153K. Total functional expenses fell by 56.6%, from $878K to $381K. In its most recent filing year (2023), Sweet Sleep Inc reported a surplus of $12K, with revenue exceeding expenses. The organization holds $5K in liabilities against $153K in assets (debt-to-asset ratio: 3.2%), resulting in net assets of $148K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $392K | $381K | $153K | $5K | — | — |
| 2022 | $347K | $442K | $141K | $6K | — | View 990 |
| 2021 | $434K | $366K | $234K | $4K | — | View 990 |
| 2020 | $359K | $277K | $167K | $4K | — | View 990 |
| 2019 | $290K | $284K | $86K | $5K | — | View 990 |
| 2018 | $99K | $85K | $101K | $26K | — | View 990 |
| 2018 | $566K | $591K | $84K | $23K | — | View 990 |
| 2017 | $516K | $528K | $109K | $23K | — | View 990 |
| 2016 | $536K | $518K | $108K | $10K | — | View 990 |
| 2015 | $530K | $495K | $104K | $24K | — | View 990 |
| 2014 | $365K | $407K | $59K | $13K | — | View 990 |
| 2013 | $477K | $587K | $121K | $33K | — | View 990 |
| 2012 | $866K | $852K | $223K | $25K | — | View 990 |
| 2011 | $819K | $878K | $217K | $34K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $392K, expenses of $381K, and assets of $153K (revenue +13.1% year-over-year).
- 2022: Revenue of $347K, expenses of $442K, and assets of $141K (revenue -20.0% year-over-year).
- 2021: Revenue of $434K, expenses of $366K, and assets of $234K (revenue +20.9% year-over-year).
- 2020: Revenue of $359K, expenses of $277K, and assets of $167K (revenue +23.9% year-over-year).
- 2019: Revenue of $290K, expenses of $284K, and assets of $86K (revenue +192.6% year-over-year).
- 2018: Revenue of $99K, expenses of $85K, and assets of $101K (revenue -82.5% year-over-year).
- 2018: Revenue of $566K, expenses of $591K, and assets of $84K (revenue +9.6% year-over-year).
- 2017: Revenue of $516K, expenses of $528K, and assets of $109K (revenue -3.7% year-over-year).
- 2016: Revenue of $536K, expenses of $518K, and assets of $108K (revenue +1.2% year-over-year).
- 2015: Revenue of $530K, expenses of $495K, and assets of $104K (revenue +45.1% year-over-year).
- 2014: Revenue of $365K, expenses of $407K, and assets of $59K (revenue -23.5% year-over-year).
- 2013: Revenue of $477K, expenses of $587K, and assets of $121K (revenue -44.9% year-over-year).
- 2012: Revenue of $866K, expenses of $852K, and assets of $223K (revenue +5.8% year-over-year).
- 2011: Revenue of $819K, expenses of $878K, and assets of $217K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Sweet Sleep Inc:
Data Sources and Methodology
This transparency report for Sweet Sleep 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.