T Beck Foundation

T Beck Foundation maintains strong assets and low expenses despite fluctuating revenue, with no reported officer compensation.

EIN: 205969040 · Salt Lake Cty, UT · NTEE: T22 · Updated: 2026-03-28

$616KRevenue
$1.8MAssets
85/100Mission Score (Excellent)
T22
T Beck Foundation Financial Summary
MetricValue
Total Revenue$616K
Total Expenses$109K
Program Spending85%
Net Assets$1.8M
Transparency Score85/100

Is T Beck Foundation Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
1 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

T Beck Foundation directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About T Beck Foundation

T Beck Foundation (EIN: 205969040) is a nonprofit organization based in Salt Lake Cty, UT, classified under NTEE code T22. The organization reported total revenue of $616K and total assets of $1.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of T Beck Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

19Years Operating
SmallSize Classification
10Years of Filings
MixedRevenue Trajectory

T Beck Foundation is a small nonprofit that has been operating for 19 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 11.3%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$429K
Total Expenses$109K
Surplus / Deficit+$321K
Total Assets$1.8M
Total Liabilities$3K
Net Assets$1.8M
Operating Margin74.7%
Debt-to-Asset Ratio0.2%
Months of Reserves200.4 months

Financial Health Grade: A

In 2023, T Beck Foundation reported a surplus of $321K with revenue exceeding expenses, holds 200.4 months of operating reserves (strong position), has a debt-to-asset ratio of 0.2% (very low leverage).

Financial Trends

Over 10 years of filings (2011–2023), T Beck Foundation's revenue has grown at a compound annual growth rate (CAGR) of 11.3%.

YearRevenue ChangeExpense ChangeAsset Change
2022-150.4%-2.5%-9.8%
2021-18.6%+1.0%-0.2%
2020+109.1%-10.8%+1.5%
2019+47.1%+51.8%+29.7%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date2007

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

The T Beck Foundation demonstrates a generally stable financial position with consistent asset growth over the past decade, reaching $1,817,321 in 2023. The organization's revenue has fluctuated significantly, with a notable negative revenue of $-55,275 in 2022, followed by a strong rebound to $429,338 in 2023. Expenses have remained relatively low and stable, typically around $100,000-$120,000 annually in recent years, which suggests efficient operational management given their asset base. The foundation's liabilities are minimal, often reported as $1 or $0, indicating a healthy balance sheet and low financial risk. The foundation's spending efficiency appears strong, as expenses are consistently well below revenue in most profitable years, allowing for asset accumulation. The absence of reported officer compensation across all filings is a significant indicator of either a volunteer-led organization or one where compensation is covered by other means, which can contribute to lower administrative costs. However, without a detailed breakdown of expenses into program, administrative, and fundraising categories, a precise assessment of spending efficiency and program focus is challenging. The NTEE code T22 (Private Grantmaking Foundations) suggests their primary activity is grantmaking, which inherently has different operational cost structures than direct service charities. Transparency is good regarding the availability of 990 filings and the clear reporting of key financial metrics like revenue, expenses, and assets. The consistent reporting of zero officer compensation enhances trust. However, the lack of detailed functional expense reporting in the provided data limits a deeper analysis of how funds are allocated between programs, administration, and fundraising. For a private foundation, the focus is often on the grants made, and the low expense base suggests that a high percentage of available funds, after operational costs, are likely directed towards their charitable purpose.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates T Beck Foundation 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: 15%
  • programs: 85%
  • fundraising: 0%

According to IRS 990 filings, T Beck Foundation allocates its expenses as follows: admin: 15%, programs: 85%, fundraising: 0%. With 85% 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:

$429KTotal Revenue
$109KTotal Expenses
$1.8MTotal Assets
$3KTotal Liabilities
$1.8MNet Assets
  • The organization reported a surplus of $321K, with revenue exceeding expenses.
  • Debt-to-asset ratio: 0.2%.

Executive Compensation Analysis

The T Beck Foundation consistently reports 0% officer compensation across all available filings, indicating that its leadership is either entirely volunteer-based or compensated through other non-officer channels, which significantly reduces administrative overhead.

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 T Beck Foundation's IRS 990 filings:

  • Significant revenue volatility, including a negative revenue year in 2022.

Strengths

The following positive indicators were identified for T Beck Foundation:

  • Consistent asset growth over the past decade, reaching $1,817,321 in 2023.
  • Extremely low and stable operating expenses relative to assets and revenue.
  • Zero reported officer compensation, indicating high efficiency or volunteer leadership.
  • Minimal liabilities, demonstrating strong financial health and low risk.
  • Strong rebound in revenue in 2023 ($429,338) after a negative year.

Frequently Asked Questions about T Beck Foundation

Is T Beck Foundation a legitimate charity?

T Beck Foundation (EIN: 205969040) is a registered tax-exempt nonprofit based in Utah. Our AI analysis gives it a Mission Score of 85/100. It has 10 years of IRS 990 filings on record. Total revenue: $616K. 1 red flag identified. 5 strengths noted. Financial health grade: A.

How does T Beck Foundation spend its money?

T Beck Foundation directs 85% of its spending to programs and services. This exceeds the 65% industry benchmark.

Are donations to T Beck Foundation tax-deductible?

T Beck Foundation is registered as a tax-exempt nonprofit (EIN: 205969040). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

How does T Beck Foundation compare to similar nonprofits?

With a transparency score of 85/100 (Excellent), T Beck Foundation is above average for NTEE category T22 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is T Beck Foundation located?

T Beck Foundation is headquartered in Salt Lake Cty, Utah and files with the IRS under EIN 205969040. It is classified under NTEE code T22.

How many years of IRS 990 filings does T Beck Foundation have?

T Beck Foundation has 10 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 $616K in total revenue.

How does T Beck Foundation manage its significant revenue fluctuations, such as the $-55,275 in 2022?

The foundation appears to manage revenue fluctuations by maintaining a strong asset base and keeping expenses consistently low. The negative revenue in 2022 was offset by prior asset accumulation, and the organization rebounded with $429,338 in revenue in 2023, demonstrating resilience.

What specific programs or grants does T Beck Foundation support with its funds?

Based on the NTEE code T22 (Private Grantmaking Foundations), the foundation primarily engages in grantmaking. However, the provided data does not detail the specific recipients or types of programs supported by these grants.

Given the 0% officer compensation, how is the foundation's leadership structured and supported?

The consistent reporting of 0% officer compensation suggests that the foundation may be run by volunteers, or that any compensation for leadership roles is not categorized as 'officer compensation' on the 990 form, potentially indicating a highly cost-efficient operational model.

Filing History

IRS 990 filing history for T Beck Foundation showing financial trends over 10 years of public records:

Over 10 years of IRS 990 filings (2011–2023), T Beck Foundation's revenue has grown by 259.7%, moving from $119K to $429K. Total assets increased by 91.2% over the same period, from $950K to $1.8M. Total functional expenses rose by 144.2%, from $45K to $109K. In its most recent filing year (2023), T Beck Foundation reported a surplus of $321K, with revenue exceeding expenses. The organization holds $3K in liabilities against $1.8M in assets (debt-to-asset ratio: 0.2%), resulting in net assets of $1.8M.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $429K $109K $1.8M $3K View 990
2022 $-55,275 $107K $1.5M $1 View 990
2021 $110K $110K $1.7M $1 View 990
2020 $135K $109K $1.7M $1K View 990
2019 $64K $122K $1.6M $1 View 990
2015 $44K $81K $1.3M $1 View 990
2014 $54K $81K $1.3M $0 View 990
2013 $36K $45K $1.3M $0 View 990
2012 $434K $44K $1.3M $0 View 990
2011 $119K $45K $950K $0 View 990

Year-by-Year Financial Summary

  • 2023: Revenue of $429K, expenses of $109K, and assets of $1.8M.
  • 2022: Revenue of $-55,275, expenses of $107K, and assets of $1.5M (revenue -150.4% year-over-year).
  • 2021: Revenue of $110K, expenses of $110K, and assets of $1.7M (revenue -18.6% year-over-year).
  • 2020: Revenue of $135K, expenses of $109K, and assets of $1.7M (revenue +109.1% year-over-year).
  • 2019: Revenue of $64K, expenses of $122K, and assets of $1.6M (revenue +47.1% year-over-year).
  • 2015: Revenue of $44K, expenses of $81K, and assets of $1.3M (revenue -19.2% year-over-year).
  • 2014: Revenue of $54K, expenses of $81K, and assets of $1.3M (revenue +51.1% year-over-year).
  • 2013: Revenue of $36K, expenses of $45K, and assets of $1.3M (revenue -91.7% year-over-year).
  • 2012: Revenue of $434K, expenses of $44K, and assets of $1.3M (revenue +263.4% year-over-year).
  • 2011: Revenue of $119K, expenses of $45K, and assets of $950K.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for T Beck Foundation:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for T Beck Foundation 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.

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