Sweetwater One Public School Foundation
Sweetwater One Public School Foundation consistently grows assets with zero officer compensation and strong financial reserves.
EIN: 205741541 · Rock Springs, WY · NTEE: B122 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $155K |
| Total Expenses | $60K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $1.3 |
| Net Assets | $1.2M |
| Transparency Score | 95/100 |
Is Sweetwater One Public School Foundation Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Sweetwater One Public School Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Sweetwater One Public School Foundation
Sweetwater One Public School Foundation (EIN: 205741541) is a nonprofit organization based in Rock Springs, WY, classified under NTEE code B122. The organization reported total revenue of $155K and total assets of $1.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Sweetwater One Public School Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Sweetwater One Public School Foundation is a small nonprofit that has been operating for 19 years, with 12 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $119K |
| Total Expenses | $60K |
| Surplus / Deficit | +$59K |
| Total Assets | $1.2M |
| Total Liabilities | $5K |
| Net Assets | $1.2M |
| Operating Margin | 49.9% |
| Debt-to-Asset Ratio | 0.4% |
| Months of Reserves | 247.7 months |
Financial Health Grade: A
In 2023, Sweetwater One Public School Foundation reported a surplus of $59K with revenue exceeding expenses, holds 247.7 months of operating reserves (strong position), has a debt-to-asset ratio of 0.4% (very low leverage).
Financial Trends
Over 12 years of filings (2011–2023), Sweetwater One Public School Foundation's revenue has grown at a compound annual growth rate (CAGR) of 3.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +157.2% | +22.6% | +1.5% |
| 2021 | -75.1% | +22.1% | +18.3% |
| 2020 | +103.5% | -15.2% | +16.4% |
| 2019 | -22.1% | -5.5% | +9.9% |
| 2018 | -0.1% | +17.1% | +9.0% |
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 Sweetwater One Public School Foundation with a Mission Score of 95 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, Sweetwater One Public School Foundation 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $59K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.4%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that the organization's leadership is entirely volunteer-based, which is highly commendable for an organization with over $1.3 million in assets.
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 Sweetwater One Public School Foundation:
- Consistent asset growth, from $417,193 in 2013 to $1,387,522 currently.
- Zero officer compensation reported across all filings, indicating volunteer leadership.
- Expenses consistently well below revenue, demonstrating strong financial management (e.g., 202306: Revenue $119,017, Expenses $59,654).
- Strong financial reserves and a growing endowment.
- High spending efficiency with a clear focus on mission.
Frequently Asked Questions about Sweetwater One Public School Foundation
Is Sweetwater One Public School Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Sweetwater One Public School Foundation (EIN: 205741541) appears legitimate. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.
How does Sweetwater One Public School Foundation spend its money?
Sweetwater One Public School Foundation directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Sweetwater One Public School Foundation tax-deductible?
Sweetwater One Public School Foundation is registered as a tax-exempt nonprofit (EIN: 205741541). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Sweetwater One Public School Foundation CEO make?
Sweetwater One Public School Foundation's highest-compensated officer earns $1.3 annually. The organization reported $155K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
How does Sweetwater One Public School Foundation compare to similar nonprofits?
With a transparency score of 95/100 (Excellent), Sweetwater One Public School Foundation is above average for NTEE category B122 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Sweetwater One Public School Foundation located?
Sweetwater One Public School Foundation is headquartered in Rock Springs, Wyoming and files with the IRS under EIN 205741541. It is classified under NTEE code B122.
How many years of IRS 990 filings does Sweetwater One Public School Foundation have?
Sweetwater One Public School Foundation has 12 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 $155K in total revenue.
Is Sweetwater One Public School Foundation a good charity?
Yes, based on its financial health, consistent asset growth, and zero officer compensation, it appears to be a very good charity.
How does the foundation manage its expenses relative to its revenue?
The foundation consistently manages its expenses well below its revenue, for example, in 202306, expenses were $59,654 against revenues of $119,017, allowing for significant asset growth.
What is the trend in the foundation's assets?
The foundation shows a strong upward trend in assets, growing from $417,193 in 2013 to $1,387,522 currently, indicating effective long-term financial management.
Filing History
IRS 990 filing history for Sweetwater One Public School Foundation showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2023), Sweetwater One Public School Foundation's revenue has grown by 43.6%, moving from $83K to $119K. Total assets increased by 298.8% over the same period, from $309K to $1.2M. Total functional expenses rose by 44.2%, from $41K to $60K. In its most recent filing year (2023), Sweetwater One Public School Foundation reported a surplus of $59K, with revenue exceeding expenses. The organization holds $5K in liabilities against $1.2M in assets (debt-to-asset ratio: 0.4%), resulting in net assets of $1.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $119K | $60K | $1.2M | $5K | — | View 990 |
| 2021 | $46K | $49K | $1.2M | $0 | — | View 990 |
| 2020 | $186K | $40K | $1.0M | $0 | — | View 990 |
| 2019 | $91K | $47K | $881K | $300 | — | View 990 |
| 2018 | $117K | $50K | $801K | $8K | — | View 990 |
| 2017 | $118K | $42K | $735K | $10K | — | — |
| 2016 | $104K | $41K | $620K | $7K | — | View 990 |
| 2015 | $152K | $72K | $559K | $22K | — | View 990 |
| 2014 | $171K | $106K | $471K | $14K | — | View 990 |
| 2013 | $128K | $81K | $417K | $25K | — | View 990 |
| 2012 | $116K | $62K | $359K | $14K | — | View 990 |
| 2011 | $83K | $41K | $309K | $17K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $119K, expenses of $60K, and assets of $1.2M (revenue +157.2% year-over-year).
- 2021: Revenue of $46K, expenses of $49K, and assets of $1.2M (revenue -75.1% year-over-year).
- 2020: Revenue of $186K, expenses of $40K, and assets of $1.0M (revenue +103.5% year-over-year).
- 2019: Revenue of $91K, expenses of $47K, and assets of $881K (revenue -22.1% year-over-year).
- 2018: Revenue of $117K, expenses of $50K, and assets of $801K (revenue -0.1% year-over-year).
- 2017: Revenue of $118K, expenses of $42K, and assets of $735K (revenue +13.6% year-over-year).
- 2016: Revenue of $104K, expenses of $41K, and assets of $620K (revenue -31.8% year-over-year).
- 2015: Revenue of $152K, expenses of $72K, and assets of $559K (revenue -11.2% year-over-year).
- 2014: Revenue of $171K, expenses of $106K, and assets of $471K (revenue +33.4% year-over-year).
- 2013: Revenue of $128K, expenses of $81K, and assets of $417K (revenue +10.0% year-over-year).
- 2012: Revenue of $116K, expenses of $62K, and assets of $359K (revenue +40.4% year-over-year).
- 2011: Revenue of $83K, expenses of $41K, and assets of $309K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Sweetwater One Public School Foundation:
Data Sources and Methodology
This transparency report for Sweetwater One Public School 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.