Sieg Foundation
Nonprofit profile at a glance
- EIN
- 316665297
- IRS 990-EZ coverage
- 2010–2024
- Forms available
- Form 990-EZ 2024
- Location
- Madison, WI, USA
- Phone
- 6082393634
- Rating
- 88
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Fund Raising and/or Fund Distribution
Reported finances
- Revenue
- $236
- Expenses
- $17,847
- Assets
- $112,204
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
5 people listed
Executive titles in this filing
- MARK WHALEN (PRESIDENT)
People named in this filing
- MARK WHALEN (PRESIDENT)
- TIM OSTERDAY (SECRETARY/TREASURER)
- JENNIFER BARRY (MEMBER)
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 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The sieg foundation is a non-profit charitable organization founded to honor the memory of kurt i. Siegenthaler who passed away at the age of 36 after a year long battle with cancer. The sieg foundation raises funds to help cancer related causes and to benefit local charities, organizations, and families in kurt's hometown of darlington, Wisconsin.
What it reported doing in 2024
Charitable donations given to charitable organizations and individuals to fulfill the sieg foundation's exempt purpose.
Operating model
- Revenue model
- Donor-supported. 99% of the money available for current operations came from contributions and gifts.
- Distribution model
- Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.
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 reported officer compensation is a large share of total spending, which may reflect staffing concentration.
Rating breakdown
- Financial Efficiency: 96
- Transparency & Controls: 82
- Sustainability: 41
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 89.7%; rating input score 90
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -7,462.3%; rating input score 1; 1st percentile among comparable filings
- Total-asset coverage ratio: 6.29; rating input score 87; 87th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 68; 68th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: 5.4% per year; rating input score 100; 63rd percentile among comparable filings
- Revenue growth: 2% per year; rating input score 100; 60th percentile among comparable filings
- Asset growth: 12.5% per year; rating input score 100; 77th percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 89.7% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 2 filed program accomplishments · $16K in reported program spending
- Leadership: top reported pay $0 · 5 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 3 filed schedules
- Filing history: 14 filing years from 2010 to 2024
- 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 1/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.