Sil Lead INC

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EIN 45-2532091 Public charity (501(c)(3)) Dallas, TX NTEE B60
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Revenue & expenses by yearFY2020–FY2024
Revenue
$279K
FY2024▼ -36%
Expenses
$416K
FY2024▼ -33%

Form 990 for the fiscal year ending September 2024 (IRS tax year 2023).


Empowers minority language communities through education and development focused on language. For fiscal year 2024 it reported $279K in revenue, $416K in expenses, and $-46K in net assets.Pt I

Type
Public charity (501(c)(3)) · Education
Location
Dallas, TX
Website
sil-lead.org
Filings
5 on file (2020–2024)
Revenue
$279KFY2024
Expenses
$416K
Net assets
$-46K
People
12
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Provided by the organization

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Size
$100K–1M
What they do
Empowers minority language communities through education and development focused on language.
Leadership
Fraser Bennett · Associate Director · $100K
Money in and out
$279K revenue, $416K expenses
Bottom line
38% program efficiency

What Funders Ask

6 questions, answered from this org's own filings

Will my donation be tax-deductible?

GOOD

Yes — A charitable, religious, educational, scientific, or literary organization. Contributions are generally tax-deductible for donors.

IRS Business Master File records this organization as tax-exempt with deductible contributions. See detail →

Can I donate to this org right now?

GOOD

No revocation on IRS record

This EIN does not appear on the IRS auto-revocation list. See detail →

Is this organization up to date?

WARNING

Last filed FY2023 — 3 yrs ago

Most recent Form 990 on file is for fiscal year 2023 (3 years ago). See detail →

Is it receiving grants from reputable foundations?

GOOD

1 funder — Summer Institute of Linguistics INC DBA Sil Global

1 distinct foundation funder(s) on file, $23K received in the most recent year with grants. See detail →

How is the money spent?

CRITICAL

38% to programs

38% of total functional expenses went to program services in the most recent filing (Form 990 Part IX); the rest is overhead and fundraising. See detail →

What's its financial size and trend?

NEUTRAL

$100K–1M · ↓ -36% vs prior year

Revenue band $100K–1M, -36% versus the prior filing year (down). See detail →

Where the money goes · FY2024
Total revenue
$279K
Pt VIII · Ln 12
Total expenses
$416K
Pt IX · Ln 25
Net assets
$-46K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$137K
Where spending went · Part IX cols B–D
Program services $0.38 Management & general $0.59 Fundraising $0.03
Program efficiency
38%
of spending reaches programs▼ -24% vs prior filing year
Operating runway
1.4mo
months of highly liquid reserves at operating expense rate▼ -7% vs prior filing year
Surplus margin
-49%
revenue over expenses, this year▼ -15% vs prior filing year

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Summary of the Filing

Part I · fiscal year 2024 · Form 990
Total assets
$94K
FY2024▼ -11%
Total liabilities
$140K
FY2024▲ +882%
Revenue less expensesPt I · Ln 19−$137K
Total assetsPt X · Ln 16$94K
Program-expense ratioPt IX · col B38%
Voting members of governing bodyPt I · Ln 37
Independent voting membersPt I · Ln 44

Identity & Classification

Form 990 Header · IRS Business Master File
Legal name (IRS)Hdr · item CSil Lead INC
EINHdr · item D45-2532091
Principal addressHdr · item CDallas, TX
WebsiteHdr · item Jsil-lead.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MTX
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFEducation (B60)
Ruling yearIRS BMFJun 2012

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a7
Independent voting membersPt VI · Ln 1b4
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2023); the FY2024 filing did not itemize Part VII
Associate Director
$100,276Pt VII · Sec A
$0Pt VII · Sec A
Executive Director
$0Pt VII · Sec A
Treasurer, CFO
$0Pt VII · Sec A
$0Pt VII · Sec A
Director - Chairperson
$0Pt VII · Sec A
$0Pt VII · Sec A
Director (outgoing)
$0Pt VII · Sec A

Fraser Bennett’s $100K as Associate Director is at the 84th percentile of top reported officer pay among 1613 $100K–1M education nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 2 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Fraser Bennett$100,276$117,944$125,794$129,555—
Paul Frank———$43,805$54,258

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Mission & Programs · Part III

Where the work happens

3 program services account for $156K of program spending, described in the organization's own filed words · FY2023.
01

During FY24, SIL LEAD participated as a subcontractor on two education projects funded by USAID, one in the Philippines with RTI International and the other in Madagascar with FHI 360. Each of these projects was designed to improve the quality of education in the respective countries and was carried out in collaboration with the host…

$116Kprogram expense
02

SIL LEAD continued to provide capacity building and other direct services to SIL International and its operating units. Specific FY24 areas of service follow. 1) Proposal development services: SIL LEAD assisted SIL in identifying relevant business opportunities and developing proposals to secure grants with a particular focus on…

$20Kprogram expense
03

Supporting SIL International with its Bloom book creation software continues to be one of SIL LEAD's service areas. SIL LEAD also serves other organizations by providing training in the usage of Bloom software.

$20Kprogram expense

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Statement of Revenue

Part VIII
Contributions & grants$188K · 67%
Program service revenue$91K · 33%
Contributions & grants67%$188K
Program service revenue33%$91K
Investment income$203
— government grantsLn 1e$179K
Total revenueLn 12$279K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.38 Management & general $0.59 Fundraising $0.03
Program services38%$156K
Management & general59%$245K
Fundraising3%$14K
Total functional expensesLn 25$416K

Balance Sheet

Part X · end of year
CashLn 1$47K
Total assetsLn 16$94K
Total liabilitiesLn 26$140K
Total net assetsLn 32$-46K
Months of cash on handcomputed1.4

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $47K · Operating expenses/yr $416K
1.4 months
Where the money goes
Program services
Program services $156K · Total expenses $416K
38%
Management & General
Management & general $245K · Total expenses $416K
59%
Fundraising
Fundraising $14K · Total expenses $416K
3%
Cost to raise $1
Fundraising expense (3-yr avg) $20K · Solicited contributions (3-yr avg) $46K
$0.43 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $188K · Total revenue $279K
67%
Government reliance
Government grants $179K · Total revenue $279K
64%
Earned-income share
Program service revenue $91K · Total revenue $279K
33%
Investment reliance
Investment income $203 · Total revenue $279K
+0.07%
Program self-sufficiency
Program service revenue $91K · Total expenses $416K
22%
Growth & trend
Revenue growth (YoY)
This year $279K · Prior year $433K
-36%
Revenue CAGR
FY2019 $1.0M · FY2023 $279K
-28%
Net-asset trend (YoY)
End of year $-46K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $279K · Expenses $416K
-49%
Liabilities-to-Assets
Total liabilities — · Total assets $94K
—
Net-asset ratio
Net assets $-46K · Total assets $94K
-49%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $94K
0%
People & payroll
Highest Reported Total Compensation
Individual Fraser Bennett · Reported title Associate Director · Highest reported compensation $100K · Total expenses $416K
24%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $281K · Total expenses $416K
68%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 38%——
Overhead ratio 59%——
Fundraising cost ratio 8%——
Revenue growth -36%——
Investment management fee ratio 0%——
Legal fee ratio 0%——
Accounting fee ratio 4%——
Fundraising fee ratio 0%——

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · received and paid
Grants received · FY2024
Total grants receivedfrom 1 funder$23K
Grants paid · 5 grants · $62K · 2019–2021
Sil InternationalFY2021$31,579
Sil InternationalFY2020$5,904
Sil InternationalFY2019$9,012

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$279K revenue · viewing · ⤓ 990 PDF
FY2023$433K revenue · ⤓ 990 PDF
FY2022$623K revenue · ⤓ 990 PDF
FY2021$801K revenue · ⤓ 990 PDF
FY2020$1.0M revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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