The Sukeforth Family Foundation
Sukeforth Family Foundation maintains strong asset growth and zero executive compensation over a decade.
EIN: 16148895 · South China, ME · NTEE: B82 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $3.1M |
| Total Expenses | $530K |
| Program Spending | 95% |
| CEO/Top Officer Pay | $10 |
| Net Assets | $10.6M |
| Transparency Score | 90/100 |
Is The Sukeforth Family Foundation Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
The Sukeforth Family Foundation directs 95% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About The Sukeforth Family Foundation
The Sukeforth Family Foundation (EIN: 16148895) is a nonprofit organization based in South China, ME, classified under NTEE code B82. The organization reported total revenue of $3.1M and total assets of $11.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Sukeforth Family Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The Sukeforth Family Foundation is a mid-size nonprofit that has been operating for 27 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -3.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $317K |
| Total Expenses | $530K |
| Surplus / Deficit | $-213,007 |
| Total Assets | $10.6M |
| Total Liabilities | $1 |
| Net Assets | $10.6M |
| Operating Margin | -67.2% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 240.4 months |
Financial Health Grade: B
In 2023, The Sukeforth Family Foundation reported a deficit of $213K with expenses exceeding revenue, holds 240.4 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 Sukeforth Family Foundation's revenue has declined at a compound annual growth rate (CAGR) of -3.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -141.1% | +23.5% | -27.0% |
| 2021 | -66.0% | +2.0% | +12.0% |
| 2020 | +281.6% | +7.7% | +11.4% |
| 2019 | +67.6% | +36.5% | +68.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1999 |
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 Sukeforth Family Foundation with a Mission Score of 90 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: 5%
- programs: 95%
- fundraising: 0%
According to IRS 990 filings, The Sukeforth Family Foundation allocates its expenses as follows: admin: 5%, programs: 95%, fundraising: 0%. With 95% 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 $213K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation has consistently been reported as 0% across all available filings, indicating that no salaries are paid to officers, which is highly efficient for an organization of its size with assets exceeding $10 million.
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 Sukeforth Family Foundation:
- Consistent asset growth from $5.1M in 2011 to $10.6M in 2023, indicating strong financial management.
- Zero officer compensation reported across all 10 filings, demonstrating exceptional spending efficiency.
- Minimal liabilities (typically $0 or $1) across all periods, indicating sound financial health and low debt.
- Consistent 990 filing history, providing excellent transparency into financial operations.
- Strong program focus as a grantmaking foundation (NTEE B82), with expenses primarily directed towards philanthropic activities.
Frequently Asked Questions about The Sukeforth Family Foundation
Is The Sukeforth Family Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, The Sukeforth Family Foundation (EIN: 16148895) appears legitimate. Mission Score: 90/100. 0 red flags identified, 5 strengths noted.
How does The Sukeforth Family Foundation spend its money?
The Sukeforth Family Foundation directs 95% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to The Sukeforth Family Foundation tax-deductible?
The Sukeforth Family Foundation is registered as a tax-exempt nonprofit (EIN: 16148895). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the The Sukeforth Family Foundation CEO make?
The Sukeforth Family Foundation's highest-compensated officer earns $10 annually. The organization reported $3.1M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
How does The Sukeforth Family Foundation compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), The Sukeforth Family Foundation is above average for NTEE category B82 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is The Sukeforth Family Foundation located?
The Sukeforth Family Foundation is headquartered in South China, Maine and files with the IRS under EIN 16148895. It is classified under NTEE code B82.
How many years of IRS 990 filings does The Sukeforth Family Foundation have?
The Sukeforth Family Foundation 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 $3.1M in total revenue.
Is The Sukeforth Family Foundation a good charity?
Based on its consistent asset growth, zero executive compensation, and clear grantmaking focus (NTEE B82), The Sukeforth Family Foundation appears to be a very good charity, efficiently deploying its resources for its mission.
How does the foundation manage its expenses?
The foundation manages its expenses very efficiently, with total expenses ranging from $282,019 in 2011 to $601,005 in 2022. A significant portion of these expenses would be direct grants, and the consistent reporting of 0% officer compensation indicates very low administrative overhead.
What caused the negative revenue in 2022?
The negative revenue of $-509,324 in 2022 could be due to investment losses, significant returns of prior grants, or other non-operating adjustments common for foundations. Despite this, the foundation's assets only decreased slightly from $12.09 million in 2021 to $8.82 million in 2022, and rebounded to $10.61 million in 2023, showing resilience.
Filing History
IRS 990 filing history for The Sukeforth Family Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), The Sukeforth Family Foundation's revenue has declined by 37.6%, moving from $508K to $317K. Total assets increased by 107.5% over the same period, from $5.1M to $10.6M. Total functional expenses rose by 87.9%, from $282K to $530K. In its most recent filing year (2023), The Sukeforth Family Foundation reported a deficit of $213K, with expenses exceeding revenue. The organization holds $1 in liabilities against $10.6M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $10.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $317K | $530K | $10.6M | $1 | — | View 990 |
| 2022 | $-509,324 | $601K | $8.8M | $1 | — | View 990 |
| 2021 | $1.2M | $487K | $12.1M | $1 | — | — |
| 2020 | $3.6M | $477K | $10.8M | $1 | — | — |
| 2019 | $956K | $443K | $9.7M | $0 | — | View 990 |
| 2015 | $570K | $324K | $5.7M | $0 | — | View 990 |
| 2014 | $-258,674 | $334K | $5.8M | $0 | — | View 990 |
| 2013 | $637K | $288K | $6.2M | $0 | — | View 990 |
| 2012 | $341K | $288K | $5.2M | $1 | — | View 990 |
| 2011 | $508K | $282K | $5.1M | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $317K, expenses of $530K, and assets of $10.6M.
- 2022: Revenue of $-509,324, expenses of $601K, and assets of $8.8M (revenue -141.1% year-over-year).
- 2021: Revenue of $1.2M, expenses of $487K, and assets of $12.1M (revenue -66.0% year-over-year).
- 2020: Revenue of $3.6M, expenses of $477K, and assets of $10.8M (revenue +281.6% year-over-year).
- 2019: Revenue of $956K, expenses of $443K, and assets of $9.7M (revenue +67.6% year-over-year).
- 2015: Revenue of $570K, expenses of $324K, and assets of $5.7M.
- 2014: Revenue of $-258,674, expenses of $334K, and assets of $5.8M (revenue -140.6% year-over-year).
- 2013: Revenue of $637K, expenses of $288K, and assets of $6.2M (revenue +86.9% year-over-year).
- 2012: Revenue of $341K, expenses of $288K, and assets of $5.2M (revenue -32.9% year-over-year).
- 2011: Revenue of $508K, expenses of $282K, and assets of $5.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The Sukeforth Family Foundation:
Data Sources and Methodology
This transparency report for The Sukeforth Family 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.