Swieca Family Foundation
Swieca Family Foundation maintains robust assets and zero officer compensation, indicating strong financial stewardship.
EIN: 137437179 · New York, NY · NTEE: T20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $9.5M |
| Total Expenses | $3.6M |
| Program Spending | 95% |
| Net Assets | $66.4M |
| Transparency Score | 90/100 |
Is Swieca Family Foundation Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Swieca Family Foundation directs 95% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Swieca Family Foundation
Swieca Family Foundation (EIN: 137437179) is a nonprofit organization based in New York, NY, classified under NTEE code T20. The organization reported total revenue of $9.5M and total assets of $71.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Swieca Family Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Swieca Family Foundation is a mid-size nonprofit that has been operating for 19 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 0.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $9.1M |
| Total Expenses | $3.6M |
| Surplus / Deficit | +$5.5M |
| Total Assets | $66.4M |
| Total Liabilities | $1 |
| Net Assets | $66.4M |
| Operating Margin | 60.5% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 220.6 months |
Financial Health Grade: A
In 2023, Swieca Family Foundation reported a surplus of $5.5M with revenue exceeding expenses, holds 220.6 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Swieca Family Foundation's revenue has grown at a compound annual growth rate (CAGR) of 0.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +15.5% | +3.8% | +9.1% |
| 2022 | -43.4% | -11.3% | +8.0% |
| 2021 | +118.5% | +30.8% | +21.7% |
| 2020 | -63.1% | +38.0% | +7.9% |
| 2019 | +3812.0% | +42.0% | +60.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| 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 Swieca Family Foundation 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: 5%
- programs: 95%
- fundraising: 0%
According to IRS 990 filings, Swieca Family Foundation allocates its expenses as follows: admin: 5%, programs: 95%, fundraising: 0%. With 95% 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 $5.5M, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no salaries are paid to officers, which is highly favorable for directing funds to programmatic activities.
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 Swieca Family Foundation:
- Zero officer compensation reported across all filings, indicating high efficiency and dedication of funds to mission.
- Consistent growth in assets, from $30M in 2011 to $71M currently, demonstrating strong financial health.
- Very low liabilities ($0 or $1) consistently reported, indicating excellent financial stability.
- Expenses are consistently a small fraction of revenue and assets, suggesting efficient operations.
- Strong program focus implied by the low administrative overhead and nature of a private foundation.
Frequently Asked Questions about Swieca Family Foundation
Is Swieca Family Foundation a legitimate charity?
Swieca Family Foundation (EIN: 137437179) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 90/100. It has 10 years of IRS 990 filings on record. Total revenue: $9.5M. No red flags identified. 5 strengths noted. Financial health grade: A.
How does Swieca Family Foundation spend its money?
Swieca Family Foundation directs 95% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Swieca Family Foundation tax-deductible?
Swieca Family Foundation is registered as a tax-exempt nonprofit (EIN: 137437179). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Swieca Family Foundation compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Swieca Family Foundation is above average for NTEE category T20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Swieca Family Foundation located?
Swieca Family Foundation is headquartered in New York, New York and files with the IRS under EIN 137437179. It is classified under NTEE code T20.
How many years of IRS 990 filings does Swieca Family Foundation have?
Swieca Family Foundation has 10 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 $9.5M in total revenue.
Is the Swieca Family Foundation a good charity?
Based on the provided financial data, the Swieca Family Foundation appears to be a very well-managed and efficient grantmaking organization. Its strong asset base, low expenses relative to revenue, and zero officer compensation are all positive indicators.
How does the foundation manage its administrative costs?
The foundation appears to manage administrative costs exceptionally well, as evidenced by the reported 0% officer compensation and consistently low overall expenses relative to its asset base and revenue. This suggests a lean operational structure.
What is the trend in the foundation's assets?
The foundation's assets have shown a strong upward trend, growing from $30,081,873 in 2011 to $71,004,873 in the latest period, indicating successful investment strategies and/or continued contributions.
Filing History
IRS 990 filing history for Swieca Family Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Swieca Family Foundation's revenue has grown by 2.7%, moving from $8.9M to $9.1M. Total assets increased by 120.6% over the same period, from $30.1M to $66.4M. Total functional expenses rose by 205.3%, from $1.2M to $3.6M. In its most recent filing year (2023), Swieca Family Foundation reported a surplus of $5.5M, with revenue exceeding expenses. The organization holds $1 in liabilities against $66.4M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $66.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $9.1M | $3.6M | $66.4M | $1 | — | — |
| 2022 | $7.9M | $3.5M | $60.8M | $1 | — | View 990 |
| 2021 | $14.0M | $3.9M | $56.3M | $1 | — | View 990 |
| 2020 | $6.4M | $3.0M | $46.3M | $1 | — | — |
| 2019 | $17.3M | $2.2M | $42.9M | $1 | — | View 990 |
| 2015 | $443K | $1.5M | $26.7M | $1 | — | View 990 |
| 2014 | $834K | $2.0M | $27.8M | $1 | — | View 990 |
| 2013 | $1.1M | $949K | $29.0M | $0 | — | View 990 |
| 2012 | $550K | $1.8M | $28.9M | $0 | — | View 990 |
| 2011 | $8.9M | $1.2M | $30.1M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $9.1M, expenses of $3.6M, and assets of $66.4M (revenue +15.5% year-over-year).
- 2022: Revenue of $7.9M, expenses of $3.5M, and assets of $60.8M (revenue -43.4% year-over-year).
- 2021: Revenue of $14.0M, expenses of $3.9M, and assets of $56.3M (revenue +118.5% year-over-year).
- 2020: Revenue of $6.4M, expenses of $3.0M, and assets of $46.3M (revenue -63.1% year-over-year).
- 2019: Revenue of $17.3M, expenses of $2.2M, and assets of $42.9M (revenue +3812.0% year-over-year).
- 2015: Revenue of $443K, expenses of $1.5M, and assets of $26.7M (revenue -46.9% year-over-year).
- 2014: Revenue of $834K, expenses of $2.0M, and assets of $27.8M (revenue -24.2% year-over-year).
- 2013: Revenue of $1.1M, expenses of $949K, and assets of $29.0M (revenue +100.1% year-over-year).
- 2012: Revenue of $550K, expenses of $1.8M, and assets of $28.9M (revenue -93.8% year-over-year).
- 2011: Revenue of $8.9M, expenses of $1.2M, and assets of $30.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Swieca Family Foundation:
Data Sources and Methodology
This transparency report for Swieca Family 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.