Yvonne H Simard Foundation
Yvonne H Simard Foundation consistently operates with 0% officer compensation and growing assets.
EIN: 203411622 · Sugar Land, TX · NTEE: T20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.2M |
| Total Expenses | $457K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $6 |
| Net Assets | $6.7M |
| Transparency Score | 95/100 |
Is Yvonne H Simard Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Yvonne H Simard Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Yvonne H Simard Foundation
Yvonne H Simard Foundation (EIN: 203411622) is a nonprofit organization based in Sugar Land, TX, classified under NTEE code T20. The organization reported total revenue of $1.2M and total assets of $7.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Yvonne H Simard Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Yvonne H Simard Foundation is a mid-size nonprofit that has been operating for 20 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 8.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $477K |
| Total Expenses | $457K |
| Surplus / Deficit | +$20K |
| Total Assets | $6.7M |
| Total Liabilities | $1 |
| Net Assets | $6.7M |
| Operating Margin | 4.2% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 177.0 months |
Financial Health Grade: A
In 2023, Yvonne H Simard Foundation reported a surplus of $20K with revenue exceeding expenses, holds 177.0 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), Yvonne H Simard Foundation's revenue has grown at a compound annual growth rate (CAGR) of 8.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +36.9% | -8.8% | +0.3% |
| 2022 | -65.5% | +2.6% | -2.2% |
| 2021 | +162.4% | +15.8% | +8.2% |
| 2020 | -18.8% | +5.7% | -0.6% |
| 2019 | +19.0% | +6.7% | +4.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2006 |
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 Yvonne H Simard 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, Yvonne H Simard 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $20K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no salaries are paid to officers, which is highly unusual for an organization with assets exceeding $6 million and annual revenues often in the hundreds of thousands.
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 Yvonne H Simard Foundation's IRS 990 filings:
- Unusually low liabilities ($1) consistently reported, which might warrant further investigation into financial reporting practices or indicate a highly conservative financial approach.
- Significant fluctuation in annual revenue, which could indicate reliance on unpredictable funding sources.
Strengths
The following positive indicators were identified for Yvonne H Simard Foundation:
- Consistent asset growth, from $6,027,869 in 2011 to $6,737,202 in 2023, demonstrating financial stability.
- 0% officer compensation reported across all filings, indicating a high dedication of funds to mission.
- Very low liabilities, suggesting excellent financial management and minimal debt.
- Consistent filing of IRS Form 990s over a decade, indicating strong transparency.
Frequently Asked Questions about Yvonne H Simard Foundation
Is Yvonne H Simard Foundation a legitimate charity?
Yvonne H Simard Foundation (EIN: 203411622) is a registered tax-exempt nonprofit based in Texas. Our AI analysis gives it a Mission Score of 95/100. It has 10 years of IRS 990 filings on record. Total revenue: $1.2M. 2 red flags identified. 4 strengths noted. Financial health grade: A.
How does Yvonne H Simard Foundation spend its money?
Yvonne H Simard Foundation directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Yvonne H Simard Foundation tax-deductible?
Yvonne H Simard Foundation is registered as a tax-exempt nonprofit (EIN: 203411622). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Yvonne H Simard Foundation CEO make?
Yvonne H Simard Foundation's highest-compensated officer earns $6 annually. The organization reported $1.2M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
How does Yvonne H Simard Foundation compare to similar nonprofits?
With a transparency score of 95/100 (Excellent), Yvonne H Simard Foundation is above average for NTEE category T20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Yvonne H Simard Foundation located?
Yvonne H Simard Foundation is headquartered in Sugar Land, Texas and files with the IRS under EIN 203411622. It is classified under NTEE code T20.
How many years of IRS 990 filings does Yvonne H Simard Foundation have?
Yvonne H Simard 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 $1.2M in total revenue.
How does the Yvonne H Simard Foundation manage to operate with 0% officer compensation?
The filings consistently show 0% officer compensation, suggesting that leadership may be entirely volunteer-based or compensated through other means not reported as officer compensation on the 990, or that the organization has a unique operational model.
What are the primary program activities funded by the foundation?
While the NTEE code T20 (Philanthropy, Voluntarism, and Grantmaking Foundations) indicates its general purpose, the provided data does not detail specific program activities or grants made by the foundation.
Is the foundation's revenue growth sustainable?
Revenue has fluctuated significantly, from $169,165 in 2012 to $1,011,191 in 2021, and then $476,976 in 2023. While assets have grown steadily, the variability in annual revenue suggests reliance on inconsistent funding sources, which may impact long-term program planning if not diversified.
Filing History
IRS 990 filing history for Yvonne H Simard Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Yvonne H Simard Foundation's revenue has grown by 152.6%, moving from $189K to $477K. Total assets increased by 11.8% over the same period, from $6.0M to $6.7M. Total functional expenses rose by 84.4%, from $248K to $457K. In its most recent filing year (2023), Yvonne H Simard Foundation reported a surplus of $20K, with revenue exceeding expenses. The organization holds $1 in liabilities against $6.7M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $6.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $477K | $457K | $6.7M | $1 | — | — |
| 2022 | $348K | $501K | $6.7M | $1 | — | View 990 |
| 2021 | $1.0M | $488K | $6.9M | $1 | — | View 990 |
| 2020 | $385K | $422K | $6.3M | $1 | — | — |
| 2019 | $474K | $399K | $6.4M | $1 | — | View 990 |
| 2015 | $399K | $374K | $6.1M | $1 | — | View 990 |
| 2014 | $583K | $366K | $6.1M | $1 | — | View 990 |
| 2013 | $331K | $338K | $5.9M | $1 | — | View 990 |
| 2012 | $169K | $291K | $5.9M | $0 | — | View 990 |
| 2011 | $189K | $248K | $6.0M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $477K, expenses of $457K, and assets of $6.7M (revenue +36.9% year-over-year).
- 2022: Revenue of $348K, expenses of $501K, and assets of $6.7M (revenue -65.5% year-over-year).
- 2021: Revenue of $1.0M, expenses of $488K, and assets of $6.9M (revenue +162.4% year-over-year).
- 2020: Revenue of $385K, expenses of $422K, and assets of $6.3M (revenue -18.8% year-over-year).
- 2019: Revenue of $474K, expenses of $399K, and assets of $6.4M (revenue +19.0% year-over-year).
- 2015: Revenue of $399K, expenses of $374K, and assets of $6.1M (revenue -31.6% year-over-year).
- 2014: Revenue of $583K, expenses of $366K, and assets of $6.1M (revenue +76.3% year-over-year).
- 2013: Revenue of $331K, expenses of $338K, and assets of $5.9M (revenue +95.5% year-over-year).
- 2012: Revenue of $169K, expenses of $291K, and assets of $5.9M (revenue -10.4% year-over-year).
- 2011: Revenue of $189K, expenses of $248K, and assets of $6.0M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Yvonne H Simard Foundation:
Data Sources and Methodology
This transparency report for Yvonne H Simard 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.