Community Foundation Of Tompkins County Inc

Community Foundation Of Tompkins County Inc shows consistent asset growth and stable financial management with no reported officer compensation.

EIN: 161587553 · Ithaca, NY · NTEE: T31 · Updated: 2026-03-28

$8.9MRevenue

$27.8MAssets

88/100Mission Score (Excellent)

T31

About Community Foundation Of Tompkins County Inc

Community Foundation Of Tompkins County Inc (EIN: 161587553) is a nonprofit organization based in Ithaca, NY, classified under NTEE code T31. The organization reported total revenue of $8.9M and total assets of $27.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Community Foundation Of Tompkins County Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

The Community Foundation Of Tompkins County Inc demonstrates generally sound financial health, with assets consistently growing over the past decade, reaching $26,171,162 in 2023. The organization's revenue has fluctuated, with a notable peak of $6,751,701 in 2021, and $3,615,013 in 2023. Expenses have also shown a steady increase, reaching $3,500,331 in 2023, indicating an expansion of activities. The foundation consistently maintains a healthy asset-to-liability ratio, suggesting strong financial stability and capacity to meet its obligations.

Regarding spending efficiency, the organization's primary function as a community foundation involves grantmaking and asset management. While specific program spending percentages are not directly provided in the summary data, the nature of a community foundation implies that a significant portion of its expenses would be directed towards grants and charitable distributions. The consistent growth in assets, even during periods where expenses exceeded revenue (e.g., 2022), points to effective long-term financial management and investment strategies.

Transparency appears to be strong, as evidenced by the consistent filing of IRS Form 990s over 13 periods, with officer compensation consistently reported as 0%. This indicates that the organization's leadership is either volunteer-based or compensated through other means not categorized as officer compensation, which is a positive sign for donor confidence. The detailed financial history provided allows for a clear understanding of its financial trajectory.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Community Foundation Of Tompkins County Inc with a Mission Score of 88 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: 85%
fundraising: 5%

According to IRS 990 filings, Community Foundation Of Tompkins County Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

Executive compensation is consistently reported as 0% across all available filings, indicating that the organization's officers are either uncompensated volunteers or compensated through mechanisms not classified as officer compensation on the 990, which is highly favorable for donor perception.

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 Community Foundation Of Tompkins County Inc's IRS 990 filings:

No specific program spending ratio provided in summary data, requiring deeper dive into 990s for detailed efficiency metrics.

Strengths

The following positive indicators were identified for Community Foundation Of Tompkins County Inc:

Consistent asset growth, increasing from $14.1M in 2014 to $26.1M in 2023.
Low liabilities relative to assets, indicating strong financial stability (e.g., $1.3M liabilities vs. $26.1M assets in 2023).
0% reported officer compensation across all available filings, suggesting efficient use of funds or volunteer leadership.
Long history of IRS 990 filings (13 periods), demonstrating transparency and compliance.
Positive net revenue in most years, contributing to asset accumulation (e.g., $3.6M revenue vs. $3.5M expenses in 2023).

Frequently Asked Questions about Community Foundation Of Tompkins County Inc

Is Community Foundation Of Tompkins County Inc a good charity?

Based on the provided data, the Community Foundation Of Tompkins County Inc appears to be a well-managed and financially stable organization. Its consistent asset growth, low liabilities, and 0% reported officer compensation are strong indicators of good governance and financial health.

How has the organization's financial health changed over time?

The organization has shown consistent financial growth, with assets increasing from $14,174,002 in 2014 to $26,171,162 in 2023. While revenue and expenses fluctuate year-to-year, the overall trend indicates a growing and stable financial base.

What is the organization's approach to executive compensation?

The organization consistently reports 0% for officer compensation in its IRS 990 filings, suggesting a volunteer-led executive structure or compensation handled in a way that doesn't fall under this category, which is a positive for transparency and donor trust.

Filing History

IRS 990 filing history for Community Foundation Of Tompkins County Inc showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Community Foundation Of Tompkins County Inc's revenue has grown by 279.6%, moving from $952K to $3.6M. Total assets increased by 240.7% over the same period, from $7.7M to $26.2M. Total functional expenses rose by 358%, from $764K to $3.5M. In its most recent filing year (2023), Community Foundation Of Tompkins County Inc reported a surplus of $115K, with revenue exceeding expenses. The organization holds $1.3M in liabilities against $26.2M in assets (debt-to-asset ratio: 5.1%), resulting in net assets of $24.8M.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$3.6M	$3.5M	$26.2M	$1.3M	—	View 990
2022	$2.9M	$3.3M	$23.4M	$1.1M	—	View 990
2021	$6.8M	$3.1M	$27.8M	$1.2M	—	View 990
2020	$3.4M	$2.7M	$25.2M	$730K	—	View 990
2019	$4.7M	$2.5M	$22.4M	$667K	—	View 990
2018	$3.1M	$2.4M	$17.6M	$524K	—	View 990
2017	$6.5M	$1.9M	$18.2M	$28K	—	—
2016	$1.6M	$2.1M	$14.6M	$20K	—	View 990
2015	$3.1M	$2.4M	$14.2M	$70K	—	View 990
2014	$2.5M	$2.1M	$14.2M	$11K	—	View 990
2013	$3.4M	$1.3M	$13.6M	$60K	—	View 990
2012	$3.2M	$729K	$10.8M	$6K	—	View 990
2011	$952K	$764K	$7.7M	$20K	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $3.6M, expenses of $3.5M, and assets of $26.2M (revenue +24.8% year-over-year).
2022: Revenue of $2.9M, expenses of $3.3M, and assets of $23.4M (revenue -57.1% year-over-year).
2021: Revenue of $6.8M, expenses of $3.1M, and assets of $27.8M (revenue +98.3% year-over-year).
2020: Revenue of $3.4M, expenses of $2.7M, and assets of $25.2M (revenue -28.0% year-over-year).
2019: Revenue of $4.7M, expenses of $2.5M, and assets of $22.4M (revenue +50.8% year-over-year).
2018: Revenue of $3.1M, expenses of $2.4M, and assets of $17.6M (revenue -51.5% year-over-year).
2017: Revenue of $6.5M, expenses of $1.9M, and assets of $18.2M (revenue +306.2% year-over-year).
2016: Revenue of $1.6M, expenses of $2.1M, and assets of $14.6M (revenue -48.0% year-over-year).
2015: Revenue of $3.1M, expenses of $2.4M, and assets of $14.2M (revenue +20.8% year-over-year).
2014: Revenue of $2.5M, expenses of $2.1M, and assets of $14.2M (revenue -24.6% year-over-year).
2013: Revenue of $3.4M, expenses of $1.3M, and assets of $13.6M (revenue +5.8% year-over-year).
2012: Revenue of $3.2M, expenses of $729K, and assets of $10.8M (revenue +233.0% year-over-year).
2011: Revenue of $952K, expenses of $764K, and assets of $7.7M.

Data Sources and Methodology

This transparency report for Community Foundation Of Tompkins County 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.