The Sonedna Foundation
Sonedna Foundation shows fluctuating financial health with periods of significant expense over revenue, and no reported officer compensation.
EIN: 20785163 · Charleston, MS · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Expenses | $6K |
| Program Spending | 75% |
| Net Assets | $47K |
| Transparency Score | 65/100 |
Is The Sonedna Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
The Sonedna Foundation directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About The Sonedna Foundation
The Sonedna Foundation (EIN: 20785163) is a nonprofit organization based in Charleston, MS. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Sonedna Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The Sonedna Foundation is a micro nonprofit, with 7 years of IRS 990 filings on record (2010–2016). Revenue has grown at a compound annual rate of -32.4%.
Key Financial Metrics (2016)
From the most recent IRS 990 filing on record:
| Total Revenue | $26K |
| Total Expenses | $6K |
| Surplus / Deficit | +$19K |
| Total Assets | $47K |
| Net Assets | $47K |
| Operating Margin | 76.1% |
| Months of Reserves | 92.6 months |
Financial Health Grade: A
In 2016, The Sonedna Foundation reported a surplus of $19K with revenue exceeding expenses, holds 92.6 months of operating reserves (strong position).
Financial Trends
Over 7 years of filings (2010–2016), The Sonedna Foundation's revenue has declined at a compound annual growth rate (CAGR) of -32.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2016 | -14.4% | -90.9% | +70.6% |
| 2015 | -18.3% | -32.9% | -59.2% |
| 2014 | -8.3% | -1.9% | -48.2% |
| 2013 | +568.6% | +40.2% | -32.1% |
| 2012 | -81.9% | +120.7% | -25.6% |
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates The Sonedna Foundation with a Mission Score of 65 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: 20%
- programs: 75%
- fundraising: 5%
According to IRS 990 filings, The Sonedna Foundation allocates its expenses as follows: admin: 20%, programs: 75%, fundraising: 5%. With 75% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2016)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $19K, with revenue exceeding expenses.
Executive Compensation Analysis
The Sonedna Foundation consistently reports 0% officer compensation across all available filings, indicating that no salaries are paid to its officers, which is a positive for minimizing administrative overhead.
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 Sonedna Foundation's IRS 990 filings:
- Significant periods where expenses substantially exceeded revenue (e.g., 2015: $67,057 expenses vs. $29,813 revenue; 2014: $99,995 expenses vs. $36,492 revenue), indicating reliance on asset drawdowns.
- Latest filing shows $0 revenue and $0 assets, which could signal inactivity or closure without further context.
- NTEE code is unknown, making it difficult to understand the organization's specific purpose and compare its financial performance to peers.
Strengths
The following positive indicators were identified for The Sonedna Foundation:
- Consistent reporting of 0% officer compensation, indicating lean executive overhead.
- History of maintaining assets, suggesting a foundation model rather than public fundraising dependency.
- Demonstrated compliance with IRS filing requirements over multiple years.
Frequently Asked Questions about The Sonedna Foundation
Is The Sonedna Foundation a legitimate charity?
The Sonedna Foundation (EIN: 20785163) is a registered tax-exempt nonprofit based in Mississippi. Our AI analysis gives it a Mission Score of 65/100. It has 7 years of IRS 990 filings on record. 3 red flags identified. 3 strengths noted. Financial health grade: A.
How does The Sonedna Foundation spend its money?
The Sonedna Foundation directs 75% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to The Sonedna Foundation tax-deductible?
The Sonedna Foundation is registered as a tax-exempt nonprofit (EIN: 20785163). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of The Sonedna Foundation's spending goes to programs?
The Sonedna Foundation directs 75% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is The Sonedna Foundation located?
The Sonedna Foundation is headquartered in Charleston, Mississippi and files with the IRS under EIN 20785163.
How many years of IRS 990 filings does The Sonedna Foundation have?
The Sonedna Foundation has 7 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends.
What is the Sonedna Foundation's primary mission or program area?
The provided data does not specify the NTEE code or a description of the Sonedna Foundation's mission or program areas. Further investigation of their full IRS 990 filings would be required to determine this.
Why did the Sonedna Foundation report $0 revenue and $0 assets in its latest filing?
The latest filing showing $0 revenue and $0 assets could indicate a period of dormancy, dissolution, or a change in reporting requirements. Without additional context or access to the full filing, the exact reason cannot be determined from the provided summary data.
How does the Sonedna Foundation fund its operations given periods of expenses exceeding revenue?
In periods where expenses exceeded revenue (e.g., 2015, 2014, 2013, 2012), the Sonedna Foundation appears to have drawn down its existing assets to cover operational costs, as evidenced by the decrease in assets during those years.
Filing History
IRS 990 filing history for The Sonedna Foundation showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2010–2016), The Sonedna Foundation's revenue has declined by 90.5%, moving from $268K to $26K. Total assets decreased by 81.8% over the same period, from $257K to $47K. Total functional expenses fell by 78.5%, from $28K to $6K. In its most recent filing year (2016), The Sonedna Foundation reported a surplus of $19K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2016 | $26K | $6K | $47K | $0 | — | — |
| 2015 | $30K | $67K | $28K | $0 | — | View 990 |
| 2014 | $36K | $100K | $67K | $3K | — | View 990 |
| 2013 | $40K | $102K | $130K | $2K | — | View 990 |
| 2012 | $6K | $73K | $191K | $922 | — | View 990 |
| 2011 | $33K | $33K | $257K | $0 | — | View 990 |
| 2010 | $268K | $28K | $257K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2016: Revenue of $26K, expenses of $6K, and assets of $47K (revenue -14.4% year-over-year).
- 2015: Revenue of $30K, expenses of $67K, and assets of $28K (revenue -18.3% year-over-year).
- 2014: Revenue of $36K, expenses of $100K, and assets of $67K (revenue -8.3% year-over-year).
- 2013: Revenue of $40K, expenses of $102K, and assets of $130K (revenue +568.6% year-over-year).
- 2012: Revenue of $6K, expenses of $73K, and assets of $191K (revenue -81.9% year-over-year).
- 2011: Revenue of $33K, expenses of $33K, and assets of $257K (revenue -87.7% year-over-year).
- 2010: Revenue of $268K, expenses of $28K, and assets of $257K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The Sonedna Foundation:
Data Sources and Methodology
This transparency report for The Sonedna 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.