The Siuda Family Foundation Inc
Siuda Family Foundation's assets have halved over a decade while consistently spending more than it earns.
EIN: 133744437 · Santa Fe, NM · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $10.1M |
| Total Expenses | $100K |
| Program Spending | 90% |
| Net Assets | $2.1M |
| Transparency Score | 85/100 |
Is The Siuda Family Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
The Siuda Family Foundation Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About The Siuda Family Foundation Inc
The Siuda Family Foundation Inc (EIN: 133744437) is a nonprofit organization based in Santa Fe, NM. The organization reported total revenue of $10.1M and total assets of $2.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Siuda Family Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The Siuda Family Foundation Inc is a large nonprofit that has been operating for 32 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -8.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $72K |
| Total Expenses | $100K |
| Surplus / Deficit | $-28,574 |
| Total Assets | $2.1M |
| Total Liabilities | $1 |
| Net Assets | $2.1M |
| Operating Margin | -39.9% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 253.7 months |
Financial Health Grade: B
In 2023, The Siuda Family Foundation Inc reported a deficit of $29K with expenses exceeding revenue, holds 253.7 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 Siuda Family Foundation Inc's revenue has declined at a compound annual growth rate (CAGR) of -8.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +2240.8% | -8.9% | -1.3% |
| 2022 | +528.7% | -8.5% | -4.7% |
| 2020 | -198.1% | -8.8% | -6.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1994 |
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 Siuda Family Foundation Inc 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: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, The Siuda Family Foundation Inc 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 deficit of $29K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no executive salaries are paid, which is highly efficient for a foundation of its size and asset base.
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 Siuda Family Foundation Inc's IRS 990 filings:
- Consistent negative net income (expenses exceeding revenue) over multiple years, drawing down assets.
- Significant decline in total assets over the past decade, from $4,036,027 in 2011 to $2,119,039 in 2023.
Strengths
The following positive indicators were identified for The Siuda Family Foundation Inc:
- Zero officer compensation reported across all filings, indicating highly efficient use of funds for its mission.
- Consistently low liabilities ($1 or $0), demonstrating strong financial management regarding debt.
- Maintains a substantial asset base ($2,097,960 latest) to support its grant-making activities despite declines.
Frequently Asked Questions about The Siuda Family Foundation Inc
Is The Siuda Family Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, The Siuda Family Foundation Inc (EIN: 133744437) some concerns. Mission Score: 85/100. 2 red flags identified, 3 strengths noted.
How does The Siuda Family Foundation Inc spend its money?
The Siuda Family Foundation Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to The Siuda Family Foundation Inc tax-deductible?
The Siuda Family Foundation Inc is registered as a tax-exempt nonprofit (EIN: 133744437). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is The Siuda Family Foundation Inc located?
The Siuda Family Foundation Inc is headquartered in Santa Fe, New Mexico and files with the IRS under EIN 133744437.
How many years of IRS 990 filings does The Siuda Family Foundation Inc have?
The Siuda Family Foundation Inc 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 $10.1M in total revenue.
What is the primary purpose of The Siuda Family Foundation Inc?
Based on the financial patterns (minimal revenue, declining assets, consistent expenses), it likely operates as a private grant-making foundation, distributing funds from its endowment rather than directly running programs.
Why has the foundation's asset base decreased significantly over the past decade?
The asset base has declined from over $4 million in 2011 to approximately $2.1 million in 2023, suggesting that the foundation is distributing more in grants and expenses than it generates through investments or contributions, potentially indicating a spend-down strategy or underperforming investments.
Is the foundation financially sustainable given its revenue and expense trends?
The foundation consistently reports expenses exceeding revenue (e.g., $100,250 expenses vs. $71,676 revenue in 2023), which is sustainable for a private foundation as long as it has a substantial endowment to draw from. However, the long-term decline in assets suggests a finite lifespan if this trend continues without significant new contributions or investment growth.
Filing History
IRS 990 filing history for The Siuda Family Foundation Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), The Siuda Family Foundation Inc's revenue has declined by 65.6%, moving from $208K to $72K. Total assets decreased by 47.5% over the same period, from $4.0M to $2.1M. Total functional expenses fell by 56.8%, from $232K to $100K. In its most recent filing year (2023), The Siuda Family Foundation Inc reported a deficit of $29K, with expenses exceeding revenue. The organization holds $1 in liabilities against $2.1M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $2.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $72K | $100K | $2.1M | $1 | — | View 990 |
| 2022 | $3K | $110K | $2.1M | $1 | — | View 990 |
| 2021 | $487 | $120K | $2.3M | $1 | — | — |
| 2020 | $-45,348 | $122K | $2.4M | $1 | — | — |
| 2019 | $46K | $134K | $2.5M | $1 | — | View 990 |
| 2015 | $-496,461 | $152K | $3.0M | $1 | — | View 990 |
| 2014 | $520 | $186K | $3.6M | $1 | — | View 990 |
| 2013 | $23K | $204K | $3.8M | $1 | — | View 990 |
| 2012 | $190K | $224K | $4.0M | $0 | — | View 990 |
| 2011 | $208K | $232K | $4.0M | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $72K, expenses of $100K, and assets of $2.1M (revenue +2240.8% year-over-year).
- 2022: Revenue of $3K, expenses of $110K, and assets of $2.1M (revenue +528.7% year-over-year).
- 2021: Revenue of $487, expenses of $120K, and assets of $2.3M.
- 2020: Revenue of $-45,348, expenses of $122K, and assets of $2.4M (revenue -198.1% year-over-year).
- 2019: Revenue of $46K, expenses of $134K, and assets of $2.5M.
- 2015: Revenue of $-496,461, expenses of $152K, and assets of $3.0M (revenue -95573.3% year-over-year).
- 2014: Revenue of $520, expenses of $186K, and assets of $3.6M (revenue -97.8% year-over-year).
- 2013: Revenue of $23K, expenses of $204K, and assets of $3.8M (revenue -87.7% year-over-year).
- 2012: Revenue of $190K, expenses of $224K, and assets of $4.0M (revenue -8.8% year-over-year).
- 2011: Revenue of $208K, expenses of $232K, and assets of $4.0M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The Siuda Family Foundation Inc:
Data Sources and Methodology
This transparency report for The Siuda Family Foundation 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.