Is Tmg Foundation Legit?

Spending Breakdown

How Tmg Foundation allocates its funds across programs, administration, and fundraising.

90%

Program Spending

Healthy — majority goes to mission

10%

Admin Costs

Reasonable — admin costs in check

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 Tmg Foundation

Is Tmg Foundation a legitimate charity?

Based on AI analysis of IRS 990 filings, Tmg Foundation (EIN: 10750822) appears trustworthy. Mission Score: 95/100. 1 red flag identified, 4 strengths noted.

Is Tmg Foundation a good charity to donate to?

Tmg Foundation has a Mission Score of 95/100. Revenue: $941K. Assets: $10.0M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Tmg Foundation?

The Employer Identification Number (EIN) for Tmg Foundation is 10750822. 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 Tmg Foundation spend its money?

Tmg Foundation allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Tmg Foundation's tax-exempt status?

You can verify Tmg Foundation's tax-exempt status using EIN 10750822 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

Tmg Foundation demonstrates a strong financial position with substantial assets, currently at $9,979,653. The organization has shown significant growth in assets over the past decade, from $1,995,768 in 2014 to nearly $10 million today. Revenue has been highly variable, peaking at $2,851,285 in 2021 and dropping to $642,026 in 2023, indicating reliance on fluctuating funding sources. Despite this, the foundation consistently maintains a healthy asset base relative to its annual expenses, suggesting good long-term stability.

The organization's spending efficiency appears to be very strong, particularly given the consistent reporting of 0% officer compensation across all available filings. This indicates that administrative costs related to executive salaries are non-existent, allowing more funds to be directed towards its mission. While a detailed breakdown of program, administrative, and fundraising expenses isn't explicitly provided in the summary data, the absence of officer compensation is a positive indicator of lean operations. The foundation's transparency is commendable, with 13 filings available, providing a comprehensive historical view of its financial activities.

Overall, Tmg Foundation appears to be a financially sound and efficiently managed organization. Its substantial and growing asset base, coupled with zero reported officer compensation, suggests a strong commitment to maximizing resources for its stated purpose. The variability in annual revenue warrants attention, but the foundation's ability to maintain significant assets through these fluctuations speaks to its financial resilience.

Verdict: Tmg Foundation appears trustworthy

Red Flags

Strengths