Charlie Tippmann Foundation Charitable Tr
Charlie Tippmann Foundation consistently disburses funds exceeding annual revenue, supported by substantial assets and no liabilities.
EIN: 200924354 · Fort Wayne, IN · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.3M |
| Total Expenses | $593K |
| Program Spending | 90% |
| Net Assets | $8.1M |
| Transparency Score | 85/100 |
Is Charlie Tippmann Foundation Charitable Tr Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Charlie Tippmann Foundation Charitable Tr directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Charlie Tippmann Foundation Charitable Tr
Charlie Tippmann Foundation Charitable Tr (EIN: 200924354) is a nonprofit organization based in Fort Wayne, IN. The organization reported total revenue of $1.3M and total assets of $8.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Charlie Tippmann Foundation Charitable Tr's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Charlie Tippmann Foundation Charitable Tr is a mid-size nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2011–2023).
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $487K |
| Total Expenses | $593K |
| Surplus / Deficit | $-105,837 |
| Total Assets | $8.1M |
| Net Assets | $8.1M |
| Operating Margin | -21.7% |
| Months of Reserves | 164.7 months |
Financial Health Grade: B
In 2023, Charlie Tippmann Foundation Charitable Tr reported a deficit of $106K with expenses exceeding revenue, holds 164.7 months of operating reserves (strong position).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +53.9% | -17.4% | +4.7% |
| 2022 | -61.2% | +0.7% | -20.4% |
| 2021 | +332.3% | +4.4% | +5.8% |
| 2020 | +19.0% | +27.3% | +3.5% |
| 2019 | -57.7% | +26.6% | +12.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Charlie Tippmann Foundation Charitable Tr with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Charlie Tippmann Foundation Charitable Tr allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $106K, with expenses exceeding revenue.
Executive Compensation Analysis
The organization reports 0% officer compensation across all available filings, indicating that no executive salaries are paid, which is highly favorable for directing resources to charitable purposes.
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 Charlie Tippmann Foundation Charitable Tr's IRS 990 filings:
- NTEE Code Unknown: Lack of NTEE code makes it difficult to benchmark against similar organizations.
- Expense details not provided: Without a breakdown of program, administrative, and fundraising expenses, a full assessment of spending efficiency is challenging.
Strengths
The following positive indicators were identified for Charlie Tippmann Foundation Charitable Tr:
- Strong Asset Base: Consistently maintains over $7 million in assets, providing long-term financial stability.
- No Liabilities: Reports $0 in liabilities across all filings, indicating excellent financial health and risk management.
- No Officer Compensation: 0% officer compensation ensures all resources are directed towards the mission.
- Consistent Grant-Making: Regularly disburses funds, often exceeding annual revenue, demonstrating active charitable giving.
- Financial Stability: Despite revenue fluctuations, the organization maintains a robust balance sheet.
Frequently Asked Questions about Charlie Tippmann Foundation Charitable Tr
Is Charlie Tippmann Foundation Charitable Tr a legitimate charity?
Charlie Tippmann Foundation Charitable Tr (EIN: 200924354) is a registered tax-exempt nonprofit based in Indiana. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $1.3M. 2 red flags identified. 5 strengths noted. Financial health grade: B.
How does Charlie Tippmann Foundation Charitable Tr spend its money?
Charlie Tippmann Foundation Charitable Tr directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Charlie Tippmann Foundation Charitable Tr tax-deductible?
Charlie Tippmann Foundation Charitable Tr is registered as a tax-exempt nonprofit (EIN: 200924354). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Charlie Tippmann Foundation Charitable Tr located?
Charlie Tippmann Foundation Charitable Tr is headquartered in Fort Wayne, Indiana and files with the IRS under EIN 200924354.
How many years of IRS 990 filings does Charlie Tippmann Foundation Charitable Tr have?
Charlie Tippmann Foundation Charitable Tr has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $1.3M in total revenue.
What specific programs or grants does the Charlie Tippmann Foundation support?
The provided data does not detail the specific programs or grants supported by the foundation. Further investigation into their IRS Form 990, Part XV (Grants and Other Assistance to Organizations and Individuals in the U.S.) would be necessary.
How does the foundation manage its investment assets to generate revenue?
While the foundation has significant assets (e.g., $8,142,614 in 2023), the specific investment strategies are not detailed in the provided summary. Revenue fluctuations suggest reliance on investment returns or contributions, but the exact management approach is unknown.
What is the NTEE code for this organization?
The NTEE code for the Charlie Tippmann Foundation Charitable Tr is currently unknown based on the provided data. This information would typically be found on their IRS Form 990.
Filing History
IRS 990 filing history for Charlie Tippmann Foundation Charitable Tr showing financial trends over 13 years of public records:
Total assets increased by 10.5% over the same period, from $7.4M to $8.1M. Total functional expenses rose by 123.1%, from $266K to $593K. In its most recent filing year (2023), Charlie Tippmann Foundation Charitable Tr reported a deficit of $106K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $487K | $593K | $8.1M | $0 | — | — |
| 2022 | $317K | $718K | $7.8M | $0 | — | View 990 |
| 2021 | $816K | $713K | $9.8M | $0 | — | View 990 |
| 2020 | $189K | $683K | $9.2M | $0 | — | View 990 |
| 2019 | $159K | $537K | $8.9M | $0 | — | View 990 |
| 2018 | $375K | $424K | $7.9M | $0 | — | View 990 |
| 2017 | $392K | $473K | $8.8M | $0 | — | View 990 |
| 2016 | $214K | $448K | $8.1M | $0 | — | View 990 |
| 2015 | $175K | $488K | $7.9M | $0 | — | View 990 |
| 2014 | $463K | $611K | $8.4M | $0 | — | View 990 |
| 2013 | $158K | $176K | $8.4M | $0 | — | View 990 |
| 2012 | $133K | $246K | $7.9M | $0 | — | View 990 |
| 2011 | $-70,284 | $266K | $7.4M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $487K, expenses of $593K, and assets of $8.1M (revenue +53.9% year-over-year).
- 2022: Revenue of $317K, expenses of $718K, and assets of $7.8M (revenue -61.2% year-over-year).
- 2021: Revenue of $816K, expenses of $713K, and assets of $9.8M (revenue +332.3% year-over-year).
- 2020: Revenue of $189K, expenses of $683K, and assets of $9.2M (revenue +19.0% year-over-year).
- 2019: Revenue of $159K, expenses of $537K, and assets of $8.9M (revenue -57.7% year-over-year).
- 2018: Revenue of $375K, expenses of $424K, and assets of $7.9M (revenue -4.3% year-over-year).
- 2017: Revenue of $392K, expenses of $473K, and assets of $8.8M (revenue +83.0% year-over-year).
- 2016: Revenue of $214K, expenses of $448K, and assets of $8.1M (revenue +22.1% year-over-year).
- 2015: Revenue of $175K, expenses of $488K, and assets of $7.9M (revenue -62.2% year-over-year).
- 2014: Revenue of $463K, expenses of $611K, and assets of $8.4M (revenue +192.2% year-over-year).
- 2013: Revenue of $158K, expenses of $176K, and assets of $8.4M (revenue +18.8% year-over-year).
- 2012: Revenue of $133K, expenses of $246K, and assets of $7.9M.
- 2011: Revenue of $-70,284, expenses of $266K, and assets of $7.4M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Charlie Tippmann Foundation Charitable Tr:
Data Sources and Methodology
This transparency report for Charlie Tippmann Foundation Charitable Tr 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.