Amy E Tarrant Foundation Inc
Amy E Tarrant Foundation faces severe financial decline with expenses consistently dwarfing revenue and assets plummeting over a decade.
EIN: 20514457 · Winooski, VT · NTEE: T20 · Updated: 2026-03-28
Is Amy E Tarrant Foundation Inc Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Amy E Tarrant Foundation Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Amy E Tarrant Foundation Inc
Amy E Tarrant Foundation Inc (EIN: 20514457) is a nonprofit organization based in Winooski, VT, classified under NTEE code T20. The organization reported total revenue of $5K and total assets of $492K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Amy E Tarrant Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Amy E Tarrant Foundation Inc with a Mission Score of 35 out of 100 (Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Amy E Tarrant Foundation Inc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no salaries are paid to officers, which is a positive for minimizing executive overhead relative to the organization's size and declining asset base.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Amy E Tarrant Foundation Inc's IRS 990 filings:
- Consistent and significant operational deficits (e.g., 2023 expenses $3.87M vs. revenue $0.62M)
- Dramatic decline in assets over a decade (from $10.8M in 2011 to $0.1M in 2023)
- Unsustainable financial model with expenses consistently exceeding revenue
- Lack of detailed spending breakdown (program vs. admin vs. fundraising) in provided data
Strengths
The following positive indicators were identified for Amy E Tarrant Foundation Inc:
- Consistent filing of IRS Form 990s, indicating basic compliance
- 0% officer compensation reported, minimizing executive overhead
Frequently Asked Questions about Amy E Tarrant Foundation Inc
Is Amy E Tarrant Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Amy E Tarrant Foundation Inc (EIN: 20514457) significant concerns. Mission Score: 35/100. 4 red flags identified, 2 strengths noted.
How does Amy E Tarrant Foundation Inc spend its money?
Amy E Tarrant Foundation Inc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Amy E Tarrant Foundation Inc tax-deductible?
Amy E Tarrant Foundation Inc is registered as a tax-exempt nonprofit (EIN: 20514457). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Why have the organization's assets decreased so dramatically from $10,809,931 in 2011 to $103,309 in 2023?
The significant decline in assets suggests the foundation has been spending down its endowment or principal to cover expenses, as expenses have consistently exceeded revenue for over a decade.
What is the detailed breakdown of program, administrative, and fundraising expenses for recent years?
The provided data does not offer this level of detail, making it difficult to precisely assess spending efficiency beyond the overall deficit.
How does the organization plan to address the consistent and substantial deficits where expenses far exceed revenue?
The consistent deficits, such as $3,874,860 in expenses against $621,695 in revenue in 2023, indicate an unsustainable financial model that requires a clear strategy for future funding or expense reduction.
What is the nature of the $1 liability consistently reported in recent filings?
The consistent reporting of $1 in liabilities from 2019-2023 is unusual and could be a placeholder or a minor accounting entry, but its persistence warrants clarification.
Filing History
IRS 990 filing history for Amy E Tarrant Foundation Inc showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2010–2023), Amy E Tarrant Foundation Inc's revenue has declined by 14.9%, moving from $730K to $622K. Total assets decreased by 99.1% over the same period, from $11.3M to $103K. Total functional expenses rose by 252.1%, from $1.1M to $3.9M. In its most recent filing year (2023), Amy E Tarrant Foundation Inc reported a deficit of $3.3M, with expenses exceeding revenue. The organization holds $1 in liabilities against $103K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $103K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $622K | $3.9M | $103K | $1 | — | View 990 |
| 2022 | $54K | $852K | $3.4M | $1 | — | View 990 |
| 2021 | $776K | $1.2M | $4.2M | $1 | — | View 990 |
| 2020 | $727K | $1.0M | $4.6M | $1 | — | View 990 |
| 2019 | $387K | $678K | $4.9M | $1 | — | — |
| 2015 | $171K | $1.6M | $7.9M | $0 | — | View 990 |
| 2014 | $562K | $1.3M | $9.3M | $0 | — | View 990 |
| 2013 | $666K | $1.2M | $10.1M | $0 | — | View 990 |
| 2012 | $823K | $986K | $10.6M | $0 | — | View 990 |
| 2011 | $558K | $1.1M | $10.8M | $0 | — | View 990 |
| 2010 | $730K | $1.1M | $11.3M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $622K, expenses of $3.9M, and assets of $103K (revenue +1044.7% year-over-year).
- 2022: Revenue of $54K, expenses of $852K, and assets of $3.4M (revenue -93.0% year-over-year).
- 2021: Revenue of $776K, expenses of $1.2M, and assets of $4.2M (revenue +6.8% year-over-year).
- 2020: Revenue of $727K, expenses of $1.0M, and assets of $4.6M (revenue +87.6% year-over-year).
- 2019: Revenue of $387K, expenses of $678K, and assets of $4.9M (revenue +126.2% year-over-year).
- 2015: Revenue of $171K, expenses of $1.6M, and assets of $7.9M (revenue -69.5% year-over-year).
- 2014: Revenue of $562K, expenses of $1.3M, and assets of $9.3M (revenue -15.5% year-over-year).
- 2013: Revenue of $666K, expenses of $1.2M, and assets of $10.1M (revenue -19.1% year-over-year).
- 2012: Revenue of $823K, expenses of $986K, and assets of $10.6M (revenue +47.3% year-over-year).
- 2011: Revenue of $558K, expenses of $1.1M, and assets of $10.8M (revenue -23.5% year-over-year).
- 2010: Revenue of $730K, expenses of $1.1M, and assets of $11.3M.
Data Sources and Methodology
This transparency report for Amy E Tarrant Foundation Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.