Sound Tree Foundation
Nonprofit profile at a glance
- EIN
- 474349951
- IRS 990-EZ coverage
- 2015–2017
- Forms available
- Form 990-EZ 2017
- Location
- Los Angeles, CA, USA
- Phone
- 2132682057
- Rating confidence
- Limited
- Sector
- Eye Diseases, Blindness and Vision Impairments
Reported finances
- Expenses
- $100
- Assets
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2017. Amounts in USD.
Leadership & pay
1 person listed
People named in this filing
- EUN AH LEE (OFFICER)
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 2017. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The mission of this corporation is to provide proper support in reading to those who are blind. The organization's philosophy is to concentrate on improving people's reading skills, encouraging them to read, and to become a beneficial device for everyone. In addition we hope to become a positive and wide influence and to encourage people of all ages to bring reading into their lives.
What it reported doing in 2017
Program direct service
Operating model
- Revenue model
- Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
- 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
- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.
Rating breakdown
- Financial Efficiency: 30
- Transparency & Controls: 82
- Sustainability: 10
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- Program expense ratio: 80%; rating input score 80
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: Limited
- Total-asset coverage ratio: 0; rating input score 12; 12th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 51; 51st percentile among comparable filings
Growth
- Program expense growth: -116.6% per year; rating input score 0; 10th percentile among comparable filings
- Revenue growth: -52.7% per year; rating input score 0; 28th percentile among comparable filings
- Asset growth: -76.8% per year; rating input score 0; 10th percentile among comparable filings
Details
- Where the money goes: 80% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $80 in reported program spending
- Leadership: top reported pay $0 · 1 people listed
- Consistency: 2 of 2 current checks pass
- Schedules: 3 filed schedules
- Filing history: 3 filing years from 2015 to 2017
- 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.
Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.
- High — Sustainability: Total-asset coverage ratio scored 12/100.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- High — Growth: Asset growth scored 0/100.
- Review — Sustainability: Officer compensation ratio scored 51/100.
- High — Grant Readiness: California registration: this organization is recorded as not currently operating in California.