Quick charity verification for The Three Ts Foundation (EIN: 137117633)
Verdict: The Three Ts Foundation has notable concerns
5/100Mission Score
$21Revenue
$41KAssets
5Red Flags
1Strengths
Red Flags
Extremely low revenue ($21 in 2022) compared to expenses ($167,081 in 2022).
Significant depletion of assets from over $1.6 million to $41,470 over a decade.
Consistent reporting of minimal revenue across multiple recent years.
High expenses without corresponding program activity or revenue generation.
Financial data suggests potential dormancy or severe operational distress.
Strengths
Consistent reporting of 0% officer compensation.
Spending Breakdown
How The Three Ts Foundation allocates its funds across programs, administration, and fundraising.
0%
Program Spending
Concerning — less than half to programs
100%
Admin Costs
High — over 25% on administration
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 The Three Ts Foundation
Is The Three Ts Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, The Three Ts Foundation (EIN: 137117633) has notable concerns. Mission Score: 5/100. 5 red flags identified, 1 strength noted.
Is The Three Ts Foundation a good charity to donate to?
The Three Ts Foundation has a Mission Score of 5/100. Revenue: $21. Assets: $41K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for The Three Ts Foundation?
The Employer Identification Number (EIN) for The Three Ts Foundation is 137117633. 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 The Three Ts Foundation spend its money?
The Three Ts Foundation allocates 0% to programs, 100% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify The Three Ts Foundation's tax-exempt status?
You can verify The Three Ts Foundation's tax-exempt status using EIN 137117633 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 Three Ts Foundation exhibits significant financial instability and a concerning lack of operational activity based on its recent IRS 990 filings. In 2022, the organization reported only $21 in revenue against $167,081 in expenses, indicating a substantial deficit. This trend of minimal revenue and high expenses is consistent across multiple recent years, with 2021 showing $158 in revenue against $625,701 in expenses. While the organization held substantial assets in earlier years (e.g., $1,626,315 in 2011), these have significantly dwindled to $41,470 by 2022, suggesting a depletion of its financial base without corresponding program activity.
The organization's spending efficiency is extremely poor, as evidenced by its negligible revenue compared to its expenses. With revenue of just $21 in 2022, it's impossible for any significant portion to be directed towards programs, administration, or fundraising in a meaningful way. The consistent reporting of $1 in liabilities across all filings suggests a very simple financial structure, but the overall financial picture points to an organization that is either dormant or in severe financial distress. The lack of officer compensation reported across all filings could be a positive for transparency if the organization were active, but in this context, it further highlights the lack of operational scale.
Given the extremely low revenue and high expenses, the organization's financial health is precarious. The significant decline in assets from over $1.6 million to $41,470 over a decade, coupled with minimal incoming funds, raises serious questions about its long-term viability and current operational status. The filings do not provide enough detail to assess program impact, but the financial data strongly suggests a charity that is not actively fulfilling its mission.