Nonprofit screen
Screen a listSostento Inc
Can you give?
Listed with the IRS. Every screen came back clear.
A 501(c)(3) on Publication 78 and the IRS master file.
- IRS nonprofit listing
- No issue
- Revocation
- None
- IRS files
- Agree
- Sanctions
- No match
- IRS bulletin
- No notice
- California
- No record
- Charity type
- 509(a)(1)
$1.3Mrevenue
FY2024 · −23% in 3 yrs17staff
5 of 5years filed
’20’21’22’23’24
Revenue and spendingRevenueSpendingDeficit
Against similar nonprofits FY2024
Operating margin−41.2%
Months of reserve0.4mo
Revenue growth (annualized)+25.0%
Middle half of peersMedianSostento
Where the money goes FY2024 · $1.8M spent
Programs$1.5M84%Management and general$259k15%Fundraising$20k1%990 FY2024 · Part IX line 25
Worth checking4
A funder worth 11% of revenue stopped after FY2021
Rainwater Charitable Foundation gave $175k in FY2021, 11% of revenue that year.
Funders’ 990-PF grant listsGovernment grants fell 95% in FY2024
$1.1M in FY2023, $60k in FY2024.
990 Part VIIIFederal awards stopped after FY2021
$15M in FY2021, none traced since.
USAspendingDeficits in 2 of the last 3 years
−$709k in FY2023 and −$518k in FY2024. Cash covers 0.4 months, under the peer median of 3.4.
990 Part I and balance sheetIn its favor2
Strong governance
5 of 6 board members independent. Conflict-of-interest and whistleblower policies, audited financial statements, board reviews the 990.
990 Part VIGrowing faster than peers
Revenue up 25% a year since FY2020, in the top quarter of similar nonprofits.
990 Part I · peer cohort15funders
$850ka year, last 3 years
37%from its largest funder
Funder’19’20’21’22’23Local Initiatives Support CorporationSince FY2021$293k$54k$593kCencora Impact FoundationSince FY2021$25k$350k$250kWK Kellogg FoundationNew in FY2023$250kRainwater Charitable FoundationOn and off$175kIllinois Association of Free & Charitable ClinicsStopped after FY2022$120k$45k–National Harm Reduction CoalitionStopped after FY2020$127k$8k–Donor-advised giftsDonors not disclosed$50k$26$350k$19k3 other fundersUp to $55k a year each$116k$27k
FundedThrough a donor-advised fundStopped