The Somebody Cares Foundation
The Somebody Cares Foundation maintains substantial assets despite highly volatile revenue and expenses, with no reported officer compensation.
EIN: 201612967 · Whiting, NJ · NTEE: P198 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $228K |
| Total Expenses | $166K |
| Program Spending | 80% |
| Net Assets | $2.6M |
| Transparency Score | 75/100 |
Is The Somebody Cares Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
The Somebody Cares Foundation directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About The Somebody Cares Foundation
The Somebody Cares Foundation (EIN: 201612967) is a nonprofit organization based in Whiting, NJ, classified under NTEE code P198. The organization reported total revenue of $228K and total assets of $2.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Somebody Cares Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The Somebody Cares Foundation is a small nonprofit that has been operating for 21 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $57K |
| Total Expenses | $166K |
| Surplus / Deficit | $-109,863 |
| Total Assets | $2.6M |
| Total Liabilities | $15K |
| Net Assets | $2.6M |
| Operating Margin | -194.2% |
| Debt-to-Asset Ratio | 0.6% |
| Months of Reserves | 188.4 months |
Financial Health Grade: B
In 2023, The Somebody Cares Foundation reported a deficit of $110K with expenses exceeding revenue, holds 188.4 months of operating reserves (strong position), has a debt-to-asset ratio of 0.6% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), The Somebody Cares Foundation's revenue has grown at a compound annual growth rate (CAGR) of 3.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -112.2% | -7.0% | -16.7% |
| 2020 | -112.9% | -90.1% | +7.0% |
| 2019 | -11.7% | -1.4% | — |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2005 |
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 Somebody Cares Foundation with a Mission Score of 75 out of 100 (Good). 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 Somebody Cares Foundation 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $110K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.6%.
Executive Compensation Analysis
Executive compensation is consistently reported at 0% across all available filings, indicating that the organization's leadership does not receive salaries, which is highly favorable for donor trust and resource allocation to mission-related 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.
Red Flags
The following concerns were identified during AI analysis of The Somebody Cares Foundation's IRS 990 filings:
- Highly inconsistent annual revenue, including negative figures in 2020 and 2022, suggesting unpredictable funding streams.
- Expenses frequently exceed revenue, as seen in 2023 ($56,561 revenue vs. $166,424 expenses) and 2022 ($-28,598 revenue vs. $105,064 expenses), indicating reliance on reserves or other non-operating income.
Strengths
The following positive indicators were identified for The Somebody Cares Foundation:
- Zero officer compensation reported across all filings, demonstrating a strong commitment to minimizing overhead and maximizing resources for the mission.
- Maintains a substantial asset base ($2,870,625) relative to its annual revenue and expenses, providing financial stability and resilience.
- Consistent filing of IRS 990 forms (13 filings) indicates good regulatory compliance and basic financial transparency.
Frequently Asked Questions about The Somebody Cares Foundation
Is The Somebody Cares Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, The Somebody Cares Foundation (EIN: 201612967) some concerns. Mission Score: 75/100. 2 red flags identified, 3 strengths noted.
How does The Somebody Cares Foundation spend its money?
The Somebody Cares Foundation directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to The Somebody Cares Foundation tax-deductible?
The Somebody Cares Foundation is registered as a tax-exempt nonprofit (EIN: 201612967). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of The Somebody Cares Foundation's spending goes to programs?
The Somebody Cares Foundation directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does The Somebody Cares Foundation compare to similar nonprofits?
With a transparency score of 75/100 (Good), The Somebody Cares Foundation is above average for NTEE category P198 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is The Somebody Cares Foundation located?
The Somebody Cares Foundation is headquartered in Whiting, New Jersey and files with the IRS under EIN 201612967. It is classified under NTEE code P198.
How many years of IRS 990 filings does The Somebody Cares Foundation have?
The Somebody Cares Foundation has 13 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 $228K in total revenue.
Why is there such significant fluctuation in annual revenue, including negative revenue in some years?
The filings show revenue ranging from $-28,598 in 2022 to $234,816 in 2021. Understanding the sources of this volatility is crucial for assessing financial stability.
What is the detailed breakdown of expenses into program, administrative, and fundraising categories?
While total expenses are provided (e.g., $166,424 in 2023), a granular breakdown is needed to accurately assess spending efficiency and ensure resources are primarily directed to mission-related activities.
How does the organization manage its significant asset base of $2,870,625?
With substantial assets, understanding the investment strategy and how these assets contribute to the organization's mission is important, especially given the fluctuating operational revenues.
Filing History
IRS 990 filing history for The Somebody Cares Foundation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), The Somebody Cares Foundation's revenue has grown by 49.1%, moving from $38K to $57K. Total assets increased by 20.8% over the same period, from $2.2M to $2.6M. Total functional expenses rose by 125.6%, from $74K to $166K. In its most recent filing year (2023), The Somebody Cares Foundation reported a deficit of $110K, with expenses exceeding revenue. The organization holds $15K in liabilities against $2.6M in assets (debt-to-asset ratio: 0.6%), resulting in net assets of $2.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $57K | $166K | $2.6M | $15K | — | — |
| 2022 | $-28,598 | $105K | $2.6M | $9K | — | View 990 |
| 2021 | $235K | $113K | $3.1M | $7K | — | View 990 |
| 2020 | $-9,763 | $10K | $3.0M | $6K | — | View 990 |
| 2019 | $76K | $105K | $2.8M | $6K | — | View 990 |
| 2018 | $86K | $107K | $0 | $0 | — | View 990 |
| 2017 | $63K | $115K | $2.8M | $1K | — | View 990 |
| 2016 | $19K | $69K | $2.7M | $3K | — | View 990 |
| 2015 | $89K | $20K | $2.4M | $0 | — | View 990 |
| 2014 | $21K | $14K | $2.4M | $0 | — | View 990 |
| 2013 | $24K | $67K | $2.4M | $0 | — | View 990 |
| 2012 | $30K | $60K | $2.3M | $0 | — | View 990 |
| 2011 | $38K | $74K | $2.2M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $57K, expenses of $166K, and assets of $2.6M.
- 2022: Revenue of $-28,598, expenses of $105K, and assets of $2.6M (revenue -112.2% year-over-year).
- 2021: Revenue of $235K, expenses of $113K, and assets of $3.1M.
- 2020: Revenue of $-9,763, expenses of $10K, and assets of $3.0M (revenue -112.9% year-over-year).
- 2019: Revenue of $76K, expenses of $105K, and assets of $2.8M (revenue -11.7% year-over-year).
- 2018: Revenue of $86K, expenses of $107K, and assets of $0 (revenue +36.5% year-over-year).
- 2017: Revenue of $63K, expenses of $115K, and assets of $2.8M (revenue +227.4% year-over-year).
- 2016: Revenue of $19K, expenses of $69K, and assets of $2.7M (revenue -78.4% year-over-year).
- 2015: Revenue of $89K, expenses of $20K, and assets of $2.4M (revenue +316.6% year-over-year).
- 2014: Revenue of $21K, expenses of $14K, and assets of $2.4M (revenue -11.8% year-over-year).
- 2013: Revenue of $24K, expenses of $67K, and assets of $2.4M (revenue -19.3% year-over-year).
- 2012: Revenue of $30K, expenses of $60K, and assets of $2.3M (revenue -21.2% year-over-year).
- 2011: Revenue of $38K, expenses of $74K, and assets of $2.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The Somebody Cares Foundation:
Data Sources and Methodology
This transparency report for The Somebody Cares 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.