The Sievert Family Foundation
The Sievert Family Foundation maintains strong assets and zero officer compensation, with fluctuating but recently increasing revenue.
EIN: 205792186 · Wilmington, DE · NTEE: T22 · Updated: 2026-03-28
Is The Sievert Family Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
The Sievert Family Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About The Sievert Family Foundation
The Sievert Family Foundation (EIN: 205792186) is a nonprofit organization based in Wilmington, DE, classified under NTEE code T22. The organization reported total revenue of $881K and total assets of $1.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Sievert Family Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The Sievert Family Foundation is a small nonprofit that has been operating for 18 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 2.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $290K |
| Total Expenses | $244K |
| Surplus / Deficit | +$46K |
| Total Assets | $1.8M |
| Total Liabilities | $1 |
| Net Assets | $1.8M |
| Operating Margin | 15.8% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 86.6 months |
Financial Health Grade: A
In 2023, The Sievert Family Foundation reported a surplus of $46K with revenue exceeding expenses, holds 86.6 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), The Sievert Family Foundation's revenue has grown at a compound annual growth rate (CAGR) of 2.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -6.9% | +50.2% | +2.7% |
| 2022 | +66.8% | -27.1% | +9.5% |
| 2021 | +169.9% | +110.1% | -2.2% |
| 2020 | -52.9% | -43.9% | -2.2% |
| 2019 | +3.5% | +50.9% | -8.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2008 |
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 Sievert Family Foundation with a Mission Score of 92 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, The Sievert Family 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 $46K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no salaries are paid to officers. This is highly favorable, suggesting that all operational and programmatic efforts are supported by unpaid leadership or external services, maximizing the funds available for the foundation's mission.
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 Sievert Family Foundation's IRS 990 filings:
- Consistent reporting of $1 in liabilities across all periods is unusual and may warrant further investigation into its specific nature, though it is a negligible amount.
Strengths
The following positive indicators were identified for The Sievert Family Foundation:
- Consistently strong asset base, exceeding $1.5 million in most periods.
- Virtually no liabilities reported ($1 across all filings), indicating excellent financial health.
- 0% officer compensation reported across all filings, demonstrating highly efficient use of funds.
- Consistent filing of IRS Form 990s, indicating high transparency.
- Recent positive trend in revenue, with significant increases in 2022 and 2023.
Frequently Asked Questions about The Sievert Family Foundation
Is The Sievert Family Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, The Sievert Family Foundation (EIN: 205792186) some concerns. Mission Score: 92/100. 1 red flag identified, 5 strengths noted.
How does The Sievert Family Foundation spend its money?
The Sievert Family Foundation directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to The Sievert Family Foundation tax-deductible?
The Sievert Family Foundation is registered as a tax-exempt nonprofit (EIN: 205792186). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is The Sievert Family Foundation a good charity?
Based on the provided data, The Sievert Family Foundation appears to be a very good charity. It maintains strong assets (over $1.5 million), has virtually no liabilities ($1 reported), and consistently reports 0% officer compensation, indicating highly efficient use of funds towards its mission rather than administrative salaries.
How does the foundation manage its administrative costs?
The foundation manages its administrative costs exceptionally well, primarily by reporting 0% officer compensation across all filings. This suggests a very lean operational structure, likely relying on volunteer efforts or minimal external administrative support, allowing a greater proportion of its budget to be directed to its charitable purpose.
What is the trend in the foundation's revenue?
The foundation's revenue has fluctuated over the years, but shows a positive trend in recent periods, increasing from $69,094 in 2020 to $311,061 in 2022 and $289,562 in 2023. This indicates a recent strengthening of its funding base.
Filing History
IRS 990 filing history for The Sievert Family Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), The Sievert Family Foundation's revenue has grown by 29.3%, moving from $224K to $290K. Total assets decreased by 2.8% over the same period, from $1.8M to $1.8M. Total functional expenses fell by 14.5%, from $285K to $244K. In its most recent filing year (2023), The Sievert Family Foundation reported a surplus of $46K, with revenue exceeding expenses. The organization holds $1 in liabilities against $1.8M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $1.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $290K | $244K | $1.8M | $1 | — | View 990 |
| 2022 | $311K | $162K | $1.7M | $1 | — | View 990 |
| 2021 | $187K | $222K | $1.6M | $1 | — | View 990 |
| 2020 | $69K | $106K | $1.6M | $1 | — | View 990 |
| 2019 | $147K | $189K | $1.6M | $1 | — | View 990 |
| 2015 | $142K | $125K | $1.8M | $1 | — | View 990 |
| 2014 | $189K | $134K | $1.8M | $1 | — | View 990 |
| 2013 | $151K | $167K | $1.7M | $1 | — | View 990 |
| 2012 | $81K | $161K | $1.7M | $1 | — | View 990 |
| 2011 | $224K | $285K | $1.8M | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $290K, expenses of $244K, and assets of $1.8M (revenue -6.9% year-over-year).
- 2022: Revenue of $311K, expenses of $162K, and assets of $1.7M (revenue +66.8% year-over-year).
- 2021: Revenue of $187K, expenses of $222K, and assets of $1.6M (revenue +169.9% year-over-year).
- 2020: Revenue of $69K, expenses of $106K, and assets of $1.6M (revenue -52.9% year-over-year).
- 2019: Revenue of $147K, expenses of $189K, and assets of $1.6M (revenue +3.5% year-over-year).
- 2015: Revenue of $142K, expenses of $125K, and assets of $1.8M (revenue -25.2% year-over-year).
- 2014: Revenue of $189K, expenses of $134K, and assets of $1.8M (revenue +25.6% year-over-year).
- 2013: Revenue of $151K, expenses of $167K, and assets of $1.7M (revenue +86.8% year-over-year).
- 2012: Revenue of $81K, expenses of $161K, and assets of $1.7M (revenue -63.9% year-over-year).
- 2011: Revenue of $224K, expenses of $285K, and assets of $1.8M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The Sievert Family Foundation:
Data Sources and Methodology
This transparency report for The Sievert 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.