Quick charity verification for Tamposi Foundation Inc (EIN: 20406826)
Verdict: Tamposi Foundation Inc appears trustworthy
85/100Mission Score
$240KRevenue
$542KAssets
2Red Flags
4Strengths
Red Flags
Declining revenue trend in recent years (from $69,946 in 2020 to $17,676 in 2024)
NTEE Code is unknown, making it difficult to assess specific program focus without further information.
Strengths
Consistent asset growth over the past decade (from $372,036 in 2012 to $529,391 in 2024)
Zero officer compensation across all reported periods, indicating volunteer leadership and high efficiency.
Extremely low liabilities (often $0 or $1), demonstrating strong financial health and minimal debt.
Consistent filing of IRS 990 forms, indicating good transparency practices.
Spending Breakdown
How Tamposi Foundation Inc allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
0%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about Tamposi Foundation Inc
Is Tamposi Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Tamposi Foundation Inc (EIN: 20406826) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
Is Tamposi Foundation Inc a good charity to donate to?
Tamposi Foundation Inc has a Mission Score of 85/100. Revenue: $240K. Assets: $542K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Tamposi Foundation Inc?
The Employer Identification Number (EIN) for Tamposi Foundation Inc is 20406826. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does Tamposi Foundation Inc spend its money?
Tamposi Foundation Inc allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Tamposi Foundation Inc's tax-exempt status?
You can verify Tamposi Foundation Inc's tax-exempt status using EIN 20406826 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
The Tamposi Foundation Inc. demonstrates consistent financial stability with growing assets over the past decade, from $372,036 in 2012 to $529,391 in 2024. The organization's revenue has fluctuated, with a notable decrease from $69,946 in 2020 to $17,676 in 2024. Despite this, expenses have remained relatively low, often below revenue, indicating prudent financial management. The foundation consistently reports zero officer compensation, which is a strong indicator of volunteer leadership and efficient use of funds for its stated mission. The very low liabilities across all reported periods (often $0 or $1) further underscore a healthy balance sheet and minimal financial risk.
Spending efficiency appears high, primarily due to the absence of executive compensation and very low reported liabilities. Without a detailed breakdown of program, administrative, and fundraising expenses, it's challenging to precisely quantify the program spending ratio. However, the overall low expense figures relative to assets suggest that the organization is not incurring significant overhead. The consistent growth in assets, even during periods of lower revenue, points to effective asset management and a focus on long-term sustainability.
Transparency is generally good, with consistent IRS 990 filings over a long period. The clear reporting of zero officer compensation is a positive transparency indicator. To further enhance transparency, a more detailed breakdown of expenses into program, administrative, and fundraising categories would be beneficial for external analysis, as would a clearer articulation of program activities given the 'Unknown' NTEE code.