Sarapis Foundation Inc

Nonprofit profile at a glance

EIN
271074148
IRS 990-EZ coverage
2014–2025
Forms available
Form 990-EZ 2025
Location
New York, NY, USA
Phone
9177181048
Rating
85
Verdict
STRONG
Rating confidence
Moderate

Reported finances

Revenue
$5,283
Expenses
$10,509
Assets
$32,330
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

8 people listed

People named in this filing

  • CHRIS WHONG (CHAIRMAN)
  • DEVIN BALKIND (TREASURER)
  • KATE NICHOLSON (SECRETARY)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To increase the effectiveness of the nonprofit sector by educating nonprofit and community organizations about the benefits of free/libre/open-source (flo) technologies, and supporting nonprofit and community organizations as they develop and deploy flo technologies.

What it reported doing in 2025

Free open software (flo) solutions - provides free and low-cost technology consulting, training and support to nonprofit and community organizations in New York city. Sarapis works with nonprofit organizations and community groups to determine which flo technologies they need, help them deploy the flo technologies, train them to use the technologies and support them as they continue to maintain these technologies. Disaster relief initiative works with dozens of relief organizations and recovery-oriented flo software projects to ensure that the community of individuals, grassroots groups and organizations that respond to superstorms have the necessary flo solutions to run the most effective relief and recovery efforts possible, and be better prepared the next time disaster strikes.

Operating model

Revenue model
Earned-program. 100% of the money available for current operations came from fees and other program revenue.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and revenue has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 94
  • Transparency & Controls: 82
  • Sustainability: 40
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 82.6%; rating input score 83

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: -98.9%; rating input score 8; 8th percentile among comparable filings
  • Total-asset coverage ratio: 3.08; rating input score 75; 75th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 66; 66th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: 1.2% per year; rating input score 100; 51st percentile among comparable filings
  • Revenue growth: -2.8% per year; rating input score 0; 40th percentile among comparable filings
  • Asset growth: 7.7% per year; rating input score 100; 65th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 82.6% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $9K in reported program spending
  • Leadership: top reported pay $0 · 8 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 12 filing years from 2014 to 2025
  • Contacts: How to reach this organization
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Sustainability: Operating margin scored 8/100.
  • High — Growth: Revenue growth scored 0/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.