The Stewart Foundation
The Stewart Foundation consistently operates without executive compensation and maintains zero liabilities.
EIN: 205918776 · Atlanta, GA · NTEE: T23 · Updated: 2026-03-28
Is The Stewart Foundation Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
The Stewart Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About The Stewart Foundation
The Stewart Foundation (EIN: 205918776) is a nonprofit organization based in Atlanta, GA, classified under NTEE code T23. The organization reported total revenue of $296K and total assets of $133K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Stewart Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The Stewart Foundation is a small nonprofit that has been operating for 14 years, with 10 years of IRS 990 filings on record (2009–2021). Revenue has grown at a compound annual rate of 13.1%.
Key Financial Metrics (2021)
From the most recent IRS 990 filing on record:
| Total Revenue | $171K |
| Total Expenses | $175K |
| Surplus / Deficit | $-3,834 |
| Total Assets | $94K |
| Net Assets | $94K |
| Operating Margin | -2.2% |
| Months of Reserves | 6.5 months |
Financial Health Grade: B
In 2021, The Stewart Foundation reported a deficit of $4K with expenses exceeding revenue, holds 6.5 months of operating reserves (strong position).
Financial Trends
Over 10 years of filings (2009–2021), The Stewart Foundation's revenue has grown at a compound annual growth rate (CAGR) of 13.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2021 | -62.6% | -51.3% | -3.9% |
| 2020 | +114.3% | +70.6% | +279.5% |
| 2019 | +24.1% | +24.4% | +12.3% |
| 2018 | +20.2% | +37.8% | +13.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2012 |
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 Stewart Foundation with a Mission Score of 95 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 Stewart 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 (2021)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $4K, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no salaries are paid to officers, which is highly unusual and suggests a volunteer-led or very lean operational model.
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.
Strengths
The following positive indicators were identified for The Stewart Foundation:
- Consistent 0% officer compensation, maximizing funds for mission.
- Zero reported liabilities across all filings, indicating strong financial health.
- Significant asset growth over time, from $13,804 in 2009 to $132,927 currently.
- Robust revenue generation, with latest revenue at $296,164.
- Complete and consistent IRS 990 filing history, demonstrating transparency.
Frequently Asked Questions about The Stewart Foundation
Is The Stewart Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, The Stewart Foundation (EIN: 205918776) appears legitimate. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.
How does The Stewart Foundation spend its money?
The Stewart Foundation directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to The Stewart Foundation tax-deductible?
The Stewart Foundation is registered as a tax-exempt nonprofit (EIN: 205918776). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is The Stewart Foundation a good charity?
Based on the available IRS 990 data, The Stewart Foundation appears to be a very good charity. It consistently reports 0% officer compensation, indicating that funds are not used for executive salaries, and maintains $0 in liabilities, demonstrating strong financial health and responsible management.
How has The Stewart Foundation's revenue trended over time?
The Stewart Foundation's revenue has shown significant growth and fluctuation. After periods of $0 revenue in 2012-2013, it steadily increased from $39,124 in 2009 to a peak of $456,554 in 2020, before settling at $296,164 in the latest period, indicating a robust and growing funding base.
What is the organization's asset growth like?
The organization's assets have grown substantially over time, from $13,804 in 2009 to $132,927 in the latest period. This consistent growth, especially from $25,836 in 2019 to $132,927 currently, indicates effective financial management and accumulation of resources.
Filing History
IRS 990 filing history for The Stewart Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2009–2021), The Stewart Foundation's revenue has grown by 336.6%, moving from $39K to $171K. Total assets increased by 582.5% over the same period, from $14K to $94K. Total functional expenses rose by 269.7%, from $47K to $175K. In its most recent filing year (2021), The Stewart Foundation reported a deficit of $4K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2021 | $171K | $175K | $94K | $0 | — | View 990 |
| 2020 | $457K | $359K | $98K | $0 | — | View 990 |
| 2019 | $213K | $210K | $26K | $0 | — | View 990 |
| 2018 | $172K | $169K | $23K | $0 | — | View 990 |
| 2017 | $143K | $123K | $20K | $0 | — | View 990 |
| 2013 | $0 | $0 | $0 | $0 | — | View 990 |
| 2012 | $0 | $0 | $0 | $0 | — | View 990 |
| 2011 | $21K | $22K | $15K | $0 | — | View 990 |
| 2010 | $55K | $54K | $16K | $0 | — | View 990 |
| 2009 | $39K | $47K | $14K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2021: Revenue of $171K, expenses of $175K, and assets of $94K (revenue -62.6% year-over-year).
- 2020: Revenue of $457K, expenses of $359K, and assets of $98K (revenue +114.3% year-over-year).
- 2019: Revenue of $213K, expenses of $210K, and assets of $26K (revenue +24.1% year-over-year).
- 2018: Revenue of $172K, expenses of $169K, and assets of $23K (revenue +20.2% year-over-year).
- 2017: Revenue of $143K, expenses of $123K, and assets of $20K.
- 2013: Revenue of $0, expenses of $0, and assets of $0.
- 2012: Revenue of $0, expenses of $0, and assets of $0 (revenue -100.0% year-over-year).
- 2011: Revenue of $21K, expenses of $22K, and assets of $15K (revenue -61.3% year-over-year).
- 2010: Revenue of $55K, expenses of $54K, and assets of $16K (revenue +41.7% year-over-year).
- 2009: Revenue of $39K, expenses of $47K, and assets of $14K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The Stewart Foundation:
Data Sources and Methodology
This transparency report for The Stewart 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.