The Student Sponsorship Program Of South Africa Inc
Small nonprofit faces consistent deficits and declining assets.
EIN: 134099659 · Dover, DE · NTEE: B82 · Updated: 2026-03-28
Is The Student Sponsorship Program Of South Africa Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
The Student Sponsorship Program Of South Africa Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About The Student Sponsorship Program Of South Africa Inc
The Student Sponsorship Program Of South Africa Inc (EIN: 134099659) is a nonprofit organization based in Dover, DE, classified under NTEE code B82. 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 Student Sponsorship Program Of South Africa Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The Student Sponsorship Program Of South Africa Inc is a micro nonprofit that has been operating for 24 years, with 13 years of IRS 990 filings on record (2010–2022). Revenue has grown at a compound annual rate of -32.1%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $5K |
| Total Expenses | $16K |
| Surplus / Deficit | $-10,603 |
| Total Assets | $62K |
| Net Assets | $62K |
| Operating Margin | -211.7% |
| Months of Reserves | 47.7 months |
Financial Health Grade: B
In 2022, The Student Sponsorship Program Of South Africa Inc reported a deficit of $11K with expenses exceeding revenue, holds 47.7 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2010–2022), The Student Sponsorship Program Of South Africa Inc's revenue has declined at a compound annual growth rate (CAGR) of -32.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -67.6% | +18.0% | -20.0% |
| 2021 | -15.9% | -96.4% | +4.1% |
| 2020 | +108.3% | +2144.1% | -82.6% |
| 2019 | -58.4% | -32.8% | -2.0% |
| 2018 | -16.2% | -30.9% | -0.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2002 |
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 Student Sponsorship Program Of South Africa Inc 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, The Student Sponsorship Program Of South Africa Inc 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 (2022)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $11K, with expenses exceeding revenue.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that its leadership is likely volunteer-based or compensated through other means not reported as officer compensation, which is positive for minimizing 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 Student Sponsorship Program Of South Africa Inc's IRS 990 filings:
- Consistent operating deficits (e.g., $10,603 deficit in 2022)
- Significant decline in total assets over time (from $538,207 in 2014 to $62,072 in 2022)
- Large expense spike in 2020 ($366,265) without corresponding revenue, indicating potential instability or a major one-off event.
Strengths
The following positive indicators were identified for The Student Sponsorship Program Of South Africa Inc:
- No reported officer compensation, suggesting a volunteer-driven or very lean leadership structure.
- Consistent IRS 990 filing history, indicating transparency in reporting.
- Low liabilities across most years, suggesting good debt management.
Frequently Asked Questions about The Student Sponsorship Program Of South Africa Inc
Is The Student Sponsorship Program Of South Africa Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, The Student Sponsorship Program Of South Africa Inc (EIN: 134099659) some concerns. Mission Score: 65/100. 3 red flags identified, 3 strengths noted.
How does The Student Sponsorship Program Of South Africa Inc spend its money?
The Student Sponsorship Program Of South Africa Inc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to The Student Sponsorship Program Of South Africa Inc tax-deductible?
The Student Sponsorship Program Of South Africa Inc is registered as a tax-exempt nonprofit (EIN: 134099659). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is The Student Sponsorship Program Of South Africa Inc financially sustainable?
The organization's financial sustainability is questionable given its consistent deficits (e.g., $5,009 revenue vs. $15,612 expenses in 2022) and a significant decline in assets from $538,207 in 2014 to $62,072 in 2022. This trend suggests it may be drawing down its reserves to cover operational costs.
What caused the large expense spike in 2020?
In 2020, the organization reported expenses of $366,265 against revenue of $18,382. Without a detailed breakdown from the 990 filing, it's impossible to determine the exact cause, but it likely represents a significant one-time program expenditure or a substantial transfer of funds.
How does the organization fund its operations?
With fluctuating and often low revenue (e.g., $5,009 in 2022) and declining assets, the organization appears to rely on a combination of small donations and potentially drawing from its principal. The large expense in 2020 suggests it might also receive sporadic large grants or donations that are quickly disbursed.
Filing History
IRS 990 filing history for The Student Sponsorship Program Of South Africa Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2010–2022), The Student Sponsorship Program Of South Africa Inc's revenue has declined by 99%, moving from $525K to $5K. Total assets decreased by 84.5% over the same period, from $400K to $62K. Total functional expenses fell by 96.5%, from $443K to $16K. In its most recent filing year (2022), The Student Sponsorship Program Of South Africa Inc reported a deficit of $11K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $5K | $16K | $62K | $0 | — | — |
| 2021 | $15K | $13K | $78K | $2K | — | — |
| 2020 | $18K | $366K | $75K | $0 | — | — |
| 2019 | $9K | $16K | $428K | $5K | — | View 990 |
| 2018 | $21K | $24K | $436K | $6K | — | View 990 |
| 2017 | $25K | $35K | $440K | $7K | — | View 990 |
| 2016 | $41K | $38K | $448K | $5K | — | View 990 |
| 2015 | $25K | $52K | $451K | $12K | — | View 990 |
| 2014 | $121K | $115K | $538K | $72K | — | View 990 |
| 2013 | $180K | $148K | $467K | $6K | — | View 990 |
| 2012 | $369K | $359K | $445K | $15K | — | View 990 |
| 2011 | $436K | $388K | $439K | $19K | — | View 990 |
| 2010 | $525K | $443K | $400K | $29K | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $5K, expenses of $16K, and assets of $62K (revenue -67.6% year-over-year).
- 2021: Revenue of $15K, expenses of $13K, and assets of $78K (revenue -15.9% year-over-year).
- 2020: Revenue of $18K, expenses of $366K, and assets of $75K (revenue +108.3% year-over-year).
- 2019: Revenue of $9K, expenses of $16K, and assets of $428K (revenue -58.4% year-over-year).
- 2018: Revenue of $21K, expenses of $24K, and assets of $436K (revenue -16.2% year-over-year).
- 2017: Revenue of $25K, expenses of $35K, and assets of $440K (revenue -39.0% year-over-year).
- 2016: Revenue of $41K, expenses of $38K, and assets of $448K (revenue +64.7% year-over-year).
- 2015: Revenue of $25K, expenses of $52K, and assets of $451K (revenue -79.1% year-over-year).
- 2014: Revenue of $121K, expenses of $115K, and assets of $538K (revenue -32.8% year-over-year).
- 2013: Revenue of $180K, expenses of $148K, and assets of $467K (revenue -51.4% year-over-year).
- 2012: Revenue of $369K, expenses of $359K, and assets of $445K (revenue -15.3% year-over-year).
- 2011: Revenue of $436K, expenses of $388K, and assets of $439K (revenue -16.9% year-over-year).
- 2010: Revenue of $525K, expenses of $443K, and assets of $400K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The Student Sponsorship Program Of South Africa Inc:
Data Sources and Methodology
This transparency report for The Student Sponsorship Program Of South Africa 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.