Philanthropy & Grantmaking
(T20)
990 on File
FAITH SOMMERFIELD FAMILY FOUNDATION INC
Financial strength (30%)
69/100
Reliability (20%)
45/100
Effectiveness (25%)
51/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Financial Overview — FY 2024
$10.0M
Total Revenue
$3.0M
Total Expenses
$27.0M
Net Assets
N/A
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
93.5%
Fundraising Efficiency
N/A
Operating Reserve
107.93x
Liability-to-Asset
0.5%
Revenue Diversification
89.8%
Executive Compensation
$540K
Compared with Peers
FY 2024
Compared with 5,343 similar organizations
(United States, Philanthropy & Grantmaking, $1M–$10M in expenses), FY 2024.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
93.5% | 90.9% |
P10P90
|
Above median |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
107.9 mo | 80.9 mo |
P10P90
|
Above median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
0.5% | 0.0% |
P10P90
|
Below median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
89.8% | 89.7% |
P10P90
|
Below median |
|
Revenue growth
Year over year revenue growth
|
-43.1% | 21.6% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
49.8% | 9.7% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
69.9% | 2.5% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $10.0M | $3.0M | $27.0M | 93.5% | — |
| 2023 | $17.5M | $2.0M | $19.3M | 94.5% | — |
| 2022 | $1.1M | $584K | $2.6M | 66.8% | — |
| 2021 | $611K | $203K | $3.7M | 85.9% | — |
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