William Sturgis Friends Of Education Foundation Inc
William Sturgis Friends Of Education Foundation Inc shows consistent asset growth and stable revenue with no reported officer compensation.
EIN: 201121054 · Hyannis, MA · NTEE: B11 · Updated: 2026-03-28
Is William Sturgis Friends Of Education Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
William Sturgis Friends Of Education Foundation Inc directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About William Sturgis Friends Of Education Foundation Inc
William Sturgis Friends Of Education Foundation Inc (EIN: 201121054) is a nonprofit organization based in Hyannis, MA, classified under NTEE code B11. The organization reported total revenue of $2.1M and total assets of $19.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of William Sturgis Friends Of Education Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates William Sturgis Friends Of Education Foundation Inc 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: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, William Sturgis Friends Of Education Foundation Inc allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, suggesting that executive leadership may be entirely volunteer-based or compensated through non-officer roles, which is unusual for an organization with nearly $20 million in assets.
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 William Sturgis Friends Of Education Foundation Inc's IRS 990 filings:
- Lack of detailed expense breakdown (program, admin, fundraising) in provided data makes efficiency assessment difficult.
- Consistently reporting 0% officer compensation for an organization of this size and asset base could indicate compensation is reported in other categories, potentially obscuring full executive costs.
Strengths
The following positive indicators were identified for William Sturgis Friends Of Education Foundation Inc:
- Consistent and significant asset growth, from $14.2M in 2015 to $19.5M in 2024.
- Stable and increasing revenue streams, reaching nearly $2M in the latest period.
- Relatively low expense ratio compared to revenue, suggesting efficient operations.
- No reported officer compensation, indicating resources are not being used for executive salaries.
Frequently Asked Questions about William Sturgis Friends Of Education Foundation Inc
Is William Sturgis Friends Of Education Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, William Sturgis Friends Of Education Foundation Inc (EIN: 201121054) some concerns. Mission Score: 75/100. 2 red flags identified, 4 strengths noted.
How does William Sturgis Friends Of Education Foundation Inc spend its money?
William Sturgis Friends Of Education Foundation Inc directs 70% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to William Sturgis Friends Of Education Foundation Inc tax-deductible?
William Sturgis Friends Of Education Foundation Inc is registered as a tax-exempt nonprofit (EIN: 201121054). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is William Sturgis Friends Of Education Foundation Inc a good charity?
Based on the available data, the foundation demonstrates strong financial health with consistent asset growth and stable revenue. The lack of reported officer compensation is a positive indicator for resource allocation, though a detailed breakdown of program spending versus administrative and fundraising costs would provide a more complete picture of their efficiency.
How has the organization's financial health changed over time?
The organization's financial health has improved consistently. Assets have grown from $14.2 million in 2015 to $19.5 million in 2024, and annual revenue has increased from $1.2 million to nearly $2 million over the same period, indicating robust growth and stability.
What is the trend in the organization's expenses?
Expenses have generally remained stable relative to revenue, typically ranging between $500,000 and $900,000 annually, even as revenue has increased. For example, in 2024, expenses were $834,022 against $1,970,894 in revenue, showing a relatively low expense ratio.
Filing History
IRS 990 filing history for William Sturgis Friends Of Education Foundation Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), William Sturgis Friends Of Education Foundation Inc's revenue has grown by 482.8%, moving from $338K to $2.0M. Total assets increased by 491.2% over the same period, from $3.3M to $19.5M. Total functional expenses rose by 267.3%, from $227K to $834K. In its most recent filing year (2024), William Sturgis Friends Of Education Foundation Inc reported a surplus of $1.1M, with revenue exceeding expenses. The organization holds $7.3M in liabilities against $19.5M in assets (debt-to-asset ratio: 37.3%), resulting in net assets of $12.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2024 | $2.0M | $834K | $19.5M | $7.3M | — | View 990 |
| 2023 | $1.9M | $715K | $19.6M | $8.5M | — | View 990 |
| 2022 | $1.9M | $816K | $19.2M | $9.3M | — | View 990 |
| 2021 | $1.6M | $574K | $18.8M | $10.0M | — | — |
| 2020 | $1.6M | $616K | $16.0M | $8.2M | — | View 990 |
| 2019 | $1.6M | $620K | $15.9M | $9.0M | — | View 990 |
| 2018 | $1.4M | $760K | $15.7M | $9.8M | — | View 990 |
| 2017 | $1.6M | $838K | $14.4M | $9.2M | — | View 990 |
| 2016 | $1.3M | $500K | $14.4M | $9.9M | — | View 990 |
| 2015 | $1.2M | $920K | $14.2M | $10.5M | — | View 990 |
| 2014 | $1.2M | $687K | $14.8M | $11.4M | — | View 990 |
| 2013 | $1.2M | $566K | $14.7M | $11.8M | — | View 990 |
| 2012 | $1.6M | $235K | $9.4M | $7.2M | — | View 990 |
| 2011 | $338K | $227K | $3.3M | $2.4M | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $2.0M, expenses of $834K, and assets of $19.5M (revenue +3.3% year-over-year).
- 2023: Revenue of $1.9M, expenses of $715K, and assets of $19.6M (revenue +2.6% year-over-year).
- 2022: Revenue of $1.9M, expenses of $816K, and assets of $19.2M (revenue +13.5% year-over-year).
- 2021: Revenue of $1.6M, expenses of $574K, and assets of $18.8M (revenue +4.7% year-over-year).
- 2020: Revenue of $1.6M, expenses of $616K, and assets of $16.0M (revenue +0.1% year-over-year).
- 2019: Revenue of $1.6M, expenses of $620K, and assets of $15.9M (revenue +8.1% year-over-year).
- 2018: Revenue of $1.4M, expenses of $760K, and assets of $15.7M (revenue -9.2% year-over-year).
- 2017: Revenue of $1.6M, expenses of $838K, and assets of $14.4M (revenue +27.3% year-over-year).
- 2016: Revenue of $1.3M, expenses of $500K, and assets of $14.4M (revenue +3.9% year-over-year).
- 2015: Revenue of $1.2M, expenses of $920K, and assets of $14.2M (revenue -0.1% year-over-year).
- 2014: Revenue of $1.2M, expenses of $687K, and assets of $14.8M (revenue -2.6% year-over-year).
- 2013: Revenue of $1.2M, expenses of $566K, and assets of $14.7M (revenue -22.0% year-over-year).
- 2012: Revenue of $1.6M, expenses of $235K, and assets of $9.4M (revenue +368.2% year-over-year).
- 2011: Revenue of $338K, expenses of $227K, and assets of $3.3M.
Data Sources and Methodology
This transparency report for William Sturgis Friends Of Education Foundation 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.