The Samfund
The Samfund consistently operates with 0% reported officer compensation, maintaining a stable asset base despite occasional expense overruns.
EIN: 206018710 · Boston, MA · NTEE: G30 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $520K |
| Total Expenses | $542K |
| Program Spending | 80% |
| CEO/Top Officer Pay | $500k |
| Net Assets | $386K |
| Transparency Score | 85/100 |
Is The Samfund Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
The Samfund directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About The Samfund
The Samfund (EIN: 206018710) is a nonprofit organization based in Boston, MA, classified under NTEE code G30. The organization reported total revenue of $520K and total assets of $411K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Samfund's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The Samfund is a small nonprofit that has been operating for 22 years, with 9 years of IRS 990 filings on record (2011–2019). Revenue has grown at a compound annual rate of 6.0%.
Key Financial Metrics (2019)
From the most recent IRS 990 filing on record:
| Total Revenue | $520K |
| Total Expenses | $542K |
| Surplus / Deficit | $-22,250 |
| Total Assets | $411K |
| Total Liabilities | $25K |
| Net Assets | $386K |
| Operating Margin | -4.3% |
| Debt-to-Asset Ratio | 6.1% |
| Months of Reserves | 9.1 months |
Financial Health Grade: B
In 2019, The Samfund reported a deficit of $22K with expenses exceeding revenue, holds 9.1 months of operating reserves (strong position), has a debt-to-asset ratio of 6.1% (very low leverage).
Financial Trends
Over 9 years of filings (2011–2019), The Samfund's revenue has grown at a compound annual growth rate (CAGR) of 6.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2019 | -16.6% | +0.4% | -4.6% |
| 2018 | +9.2% | -2.8% | +23.1% |
| 2017 | -1.6% | -19.1% | +10.4% |
| 2016 | +22.3% | +14.9% | -23.9% |
| 2015 | -17.5% | +45.2% | -21.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2004 |
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 The Samfund 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, The Samfund 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 (2019)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $22K, with expenses exceeding revenue.
- Debt-to-asset ratio: 6.1%.
Executive Compensation Analysis
The Samfund consistently reports 0% officer compensation across all available filings, suggesting that executive leadership may be volunteer or compensated through non-officer categories, which is a strong indicator of direct resource allocation to programs for an organization of its size (average revenue ~$500k-$600k).
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 The Samfund's IRS 990 filings:
- Occasional expense overruns relative to revenue (e.g., 2019, 2016, 2015 periods), indicating reliance on reserves.
Strengths
The following positive indicators were identified for The Samfund:
- Consistent reporting of 0% officer compensation across all filings, suggesting high dedication of resources to mission.
- Healthy asset-to-liability ratio, indicating financial resilience (e.g., $410,984 assets vs. $24,950 liabilities in 2019).
- Consistent IRS 990 filing history over 9 periods, demonstrating transparency.
- Stable revenue stream averaging $500k-$600k annually over the past several years.
Frequently Asked Questions about The Samfund
Is The Samfund a legitimate charity?
The Samfund (EIN: 206018710) is a registered tax-exempt nonprofit based in Massachusetts. Our AI analysis gives it a Mission Score of 85/100. It has 9 years of IRS 990 filings on record. Total revenue: $520K. 1 red flag identified. 4 strengths noted. Financial health grade: B.
How does The Samfund spend its money?
The Samfund directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to The Samfund tax-deductible?
The Samfund is registered as a tax-exempt nonprofit (EIN: 206018710). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the The Samfund CEO make?
The Samfund's highest-compensated officer earns $500k annually. The organization reported $520K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of The Samfund's spending goes to programs?
The Samfund directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does The Samfund compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), The Samfund is above average for NTEE category G30 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is The Samfund located?
The Samfund is headquartered in Boston, Massachusetts and files with the IRS under EIN 206018710. It is classified under NTEE code G30.
How many years of IRS 990 filings does The Samfund have?
The Samfund has 9 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 $520K in total revenue.
Is The Samfund a good charity?
Based on the available data, The Samfund appears to be a good charity. It consistently reports 0% officer compensation, indicating a strong commitment to directing funds to its mission. While there are periods where expenses exceed revenue, the organization maintains a healthy asset-to-liability ratio, suggesting financial stability. A more detailed breakdown of program vs. administrative costs would provide further clarity on efficiency.
How does The Samfund manage its executive compensation?
The Samfund consistently reports 0% officer compensation in its IRS 990 filings from 2011 to 2019. This suggests that its top executives may be volunteers or compensated through other means not classified as officer compensation, which is a positive sign for resource allocation.
What is The Samfund's financial stability like?
The Samfund demonstrates reasonable financial stability. While it has experienced periods where expenses exceeded revenue (e.g., $542,422 expenses vs. $520,172 revenue in 2019), its assets consistently outweigh its liabilities by a significant margin (e.g., $410,984 assets vs. $24,950 liabilities in 2019), indicating a healthy reserve.
Filing History
IRS 990 filing history for The Samfund showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2011–2019), The Samfund's revenue has grown by 58.9%, moving from $327K to $520K. Total assets increased by 53.1% over the same period, from $269K to $411K. Total functional expenses rose by 100.8%, from $270K to $542K. In its most recent filing year (2019), The Samfund reported a deficit of $22K, with expenses exceeding revenue. The organization holds $25K in liabilities against $411K in assets (debt-to-asset ratio: 6.1%), resulting in net assets of $386K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2019 | $520K | $542K | $411K | $25K | — | View 990 |
| 2018 | $623K | $541K | $431K | $23K | — | View 990 |
| 2017 | $571K | $556K | $350K | $34K | — | — |
| 2016 | $580K | $688K | $317K | $34K | — | View 990 |
| 2015 | $475K | $599K | $417K | $23K | — | View 990 |
| 2014 | $576K | $412K | $532K | $6K | — | View 990 |
| 2013 | $411K | $355K | $345K | $10K | — | View 990 |
| 2012 | $331K | $314K | $283K | $4K | — | View 990 |
| 2011 | $327K | $270K | $269K | $6K | — | View 990 |
Year-by-Year Financial Summary
- 2019: Revenue of $520K, expenses of $542K, and assets of $411K (revenue -16.6% year-over-year).
- 2018: Revenue of $623K, expenses of $541K, and assets of $431K (revenue +9.2% year-over-year).
- 2017: Revenue of $571K, expenses of $556K, and assets of $350K (revenue -1.6% year-over-year).
- 2016: Revenue of $580K, expenses of $688K, and assets of $317K (revenue +22.3% year-over-year).
- 2015: Revenue of $475K, expenses of $599K, and assets of $417K (revenue -17.5% year-over-year).
- 2014: Revenue of $576K, expenses of $412K, and assets of $532K (revenue +40.2% year-over-year).
- 2013: Revenue of $411K, expenses of $355K, and assets of $345K (revenue +24.1% year-over-year).
- 2012: Revenue of $331K, expenses of $314K, and assets of $283K (revenue +1.1% year-over-year).
- 2011: Revenue of $327K, expenses of $270K, and assets of $269K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The Samfund:
Data Sources and Methodology
This transparency report for The Samfund 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.