Foundation For Traditional Cultureinc
EIN: 260548225 · Mesa, AZ · NTEE: A60
| Metric | Value |
|---|---|
| Total Revenue | $2.6M |
| Total Expenses | $2.6M |
| Net Assets | $279K |
Is Foundation For Traditional Cultureinc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Foundation For Traditional Cultureinc
Foundation For Traditional Cultureinc (EIN: 260548225) is a nonprofit organization based in Mesa, AZ, classified under NTEE code A60. The organization reported total revenue of $2.6M and total assets of $267K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Foundation For Traditional Cultureinc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Foundation For Traditional Cultureinc is a mid-size nonprofit that has been operating for 17 years, with 9 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 72.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.6M |
| Total Expenses | $2.6M |
| Surplus / Deficit | $-30,052 |
| Total Assets | $279K |
| Net Assets | $279K |
| Operating Margin | -1.2% |
| Months of Reserves | 1.3 months |
Financial Health Grade: C
In 2023, Foundation For Traditional Cultureinc reported a deficit of $30K with expenses exceeding revenue, holds 1.3 months of operating reserves (limited).
Financial Trends
Over 9 years of filings (2012–2023), Foundation For Traditional Cultureinc's revenue has grown at a compound annual growth rate (CAGR) of 72.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -32.1% | -26.6% | -9.7% |
| 2022 | +75.9% | +64.5% | — |
| 2020 | -16.0% | -16.0% | — |
| 2019 | +9.8% | +9.8% | — |
| 2018 | +8.9% | +8.9% | — |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2009 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Foundation For Traditional Cultureinc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Foundation For Traditional Cultureinc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $30K, with expenses exceeding revenue.
Frequently Asked Questions about Foundation For Traditional Cultureinc
Is Foundation For Traditional Cultureinc a legitimate charity?
Foundation For Traditional Cultureinc (EIN: 260548225) is a registered tax-exempt nonprofit based in Arizona. It has 9 years of IRS 990 filings on record. Total revenue: $2.6M. No red flags identified. Financial health grade: C.
How does Foundation For Traditional Cultureinc spend its money?
Foundation For Traditional Cultureinc reported $2.6M in total revenue in IRS 990 filings. 9 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Foundation For Traditional Cultureinc tax-deductible?
Foundation For Traditional Cultureinc is registered as a tax-exempt nonprofit (EIN: 260548225). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Foundation For Traditional Cultureinc located?
Foundation For Traditional Cultureinc is headquartered in Mesa, Arizona and files with the IRS under EIN 260548225. It is classified under NTEE code A60.
How many years of IRS 990 filings does Foundation For Traditional Cultureinc have?
Foundation For Traditional Cultureinc has 9 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 $2.6M in total revenue.
Filing History
IRS 990 filing history for Foundation For Traditional Cultureinc showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2012–2023), Foundation For Traditional Cultureinc's revenue has grown by 39836.2%, moving from $7K to $2.6M. Total assets increased by 11127.3% over the same period, from $2K to $279K. Total functional expenses rose by 64424.6%, from $4K to $2.6M. In its most recent filing year (2023), Foundation For Traditional Cultureinc reported a deficit of $30K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.6M | $2.6M | $279K | $0 | — | View 990 |
| 2022 | $3.8M | $3.6M | $309K | $0 | — | View 990 |
| 2020 | $2.2M | $2.2M | $0 | $0 | — | View 990 |
| 2019 | $2.6M | $2.6M | $0 | $0 | — | View 990 |
| 2018 | $2.4M | $2.4M | $0 | $0 | — | View 990 |
| 2017 | $2.2M | $2.2M | $0 | $0 | — | View 990 |
| 2016 | $1.1M | $1.1M | $0 | $0 | — | View 990 |
| 2015 | $387K | $387K | $0 | $0 | — | View 990 |
| 2012 | $7K | $4K | $2K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.6M, expenses of $2.6M, and assets of $279K (revenue -32.1% year-over-year).
- 2022: Revenue of $3.8M, expenses of $3.6M, and assets of $309K (revenue +75.9% year-over-year).
- 2020: Revenue of $2.2M, expenses of $2.2M, and assets of $0 (revenue -16.0% year-over-year).
- 2019: Revenue of $2.6M, expenses of $2.6M, and assets of $0 (revenue +9.8% year-over-year).
- 2018: Revenue of $2.4M, expenses of $2.4M, and assets of $0 (revenue +8.9% year-over-year).
- 2017: Revenue of $2.2M, expenses of $2.2M, and assets of $0 (revenue +104.4% year-over-year).
- 2016: Revenue of $1.1M, expenses of $1.1M, and assets of $0 (revenue +174.3% year-over-year).
- 2015: Revenue of $387K, expenses of $387K, and assets of $0 (revenue +5839.4% year-over-year).
- 2012: Revenue of $7K, expenses of $4K, and assets of $2K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Foundation For Traditional Cultureinc:
Data Sources and Methodology
This transparency report for Foundation For Traditional Cultureinc 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.