T K Zampetis Family Foundation
T K Zampetis Family Foundation consistently spends from its asset base with minimal liabilities and no reported officer compensation.
EIN: 202057665 · Bloomfld Hls, MI · NTEE: T20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $2.1M |
| Total Expenses | $160K |
| Program Spending | 90% |
| Net Assets | $2.7M |
| Transparency Score | 85/100 |
Is T K Zampetis Family Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
T K Zampetis Family Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About T K Zampetis Family Foundation
T K Zampetis Family Foundation (EIN: 202057665) is a nonprofit organization based in Bloomfld Hls, MI, classified under NTEE code T20. The organization reported total revenue of $2.1M and total assets of $2.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of T K Zampetis Family Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
T K Zampetis Family Foundation is a mid-size nonprofit that has been operating for 21 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 18.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $138K |
| Total Expenses | $160K |
| Surplus / Deficit | $-21,683 |
| Total Assets | $2.7M |
| Total Liabilities | $1 |
| Net Assets | $2.7M |
| Operating Margin | -15.7% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 201.9 months |
Financial Health Grade: B
In 2023, T K Zampetis Family Foundation reported a deficit of $22K with expenses exceeding revenue, holds 201.9 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), T K Zampetis Family Foundation's revenue has grown at a compound annual growth rate (CAGR) of 18.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +34.7% | -9.4% | -0.8% |
| 2022 | +80.6% | -5.5% | -2.7% |
| 2021 | -78.0% | +1.5% | -4.5% |
| 2020 | -60.7% | +12.5% | +2.6% |
| 2019 | +1331.8% | +3.2% | +11.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2005 |
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 T K Zampetis Family 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: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, T K Zampetis Family Foundation 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 $22K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
The foundation consistently reports 0% officer compensation across all available filings, indicating that its leadership serves without direct salary or that any compensation is covered by other entities. This significantly reduces administrative overhead and allows more funds to be directed towards the foundation's mission.
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 K Zampetis Family Foundation's IRS 990 filings:
- Annual expenses frequently exceed annual revenue, though this is common for private foundations disbursing from an endowment and not necessarily a red flag if managed properly.
Strengths
The following positive indicators were identified for T K Zampetis Family Foundation:
- Consistent and substantial asset base ($2.5M - $3M) ensuring long-term stability.
- Extremely low administrative overhead with 0% reported officer compensation.
- Minimal liabilities ($0 or $1) indicating strong financial health and no debt burden.
- Long history of IRS 990 filings (10 filings) demonstrating transparency and consistent reporting.
Frequently Asked Questions about T K Zampetis Family Foundation
Is T K Zampetis Family Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, T K Zampetis Family Foundation (EIN: 202057665) some concerns. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
How does T K Zampetis Family Foundation spend its money?
T K Zampetis Family Foundation directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to T K Zampetis Family Foundation tax-deductible?
T K Zampetis Family Foundation is registered as a tax-exempt nonprofit (EIN: 202057665). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does T K Zampetis Family Foundation compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), T K Zampetis Family Foundation is above average for NTEE category T20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is T K Zampetis Family Foundation located?
T K Zampetis Family Foundation is headquartered in Bloomfld Hls, Michigan and files with the IRS under EIN 202057665. It is classified under NTEE code T20.
How many years of IRS 990 filings does T K Zampetis Family Foundation have?
T K Zampetis Family 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 $2.1M in total revenue.
Is the T K Zampetis Family Foundation financially stable?
Yes, the foundation appears financially stable. It consistently maintains assets between $2.5 million and $3 million, with minimal liabilities (often $0 or $1), indicating strong solvency. While annual expenses often exceed annual revenue, this is typical for a private foundation that disburses from its endowment.
How does the foundation manage its administrative costs?
The foundation appears to manage administrative costs very efficiently, as evidenced by 0% reported officer compensation across all filings. This suggests a volunteer-driven model or that administrative services are provided without direct salary expense from the foundation's funds.
What is the primary source of the foundation's funding?
Given that annual expenses frequently exceed annual revenue, and the asset base remains substantial, the primary source of funding for its activities appears to be its existing endowment and investment returns, rather than relying heavily on new public contributions.
Does the foundation have any significant debt?
No, the foundation consistently reports minimal liabilities, often $0 or $1, across all available filings, indicating it operates without significant debt.
Filing History
IRS 990 filing history for T K Zampetis Family Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), T K Zampetis Family Foundation's revenue has grown by 669.7%, moving from $18K to $138K. Total assets decreased by 10.9% over the same period, from $3.0M to $2.7M. Total functional expenses rose by 121.3%, from $72K to $160K. In its most recent filing year (2023), T K Zampetis Family Foundation reported a deficit of $22K, with expenses exceeding revenue. The organization holds $1 in liabilities against $2.7M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $2.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $138K | $160K | $2.7M | $1 | — | — |
| 2022 | $103K | $177K | $2.7M | $1 | — | View 990 |
| 2021 | $57K | $187K | $2.8M | $1 | — | — |
| 2020 | $258K | $184K | $2.9M | $1 | — | — |
| 2019 | $657K | $164K | $2.8M | $0 | — | View 990 |
| 2015 | $46K | $158K | $2.5M | $0 | — | View 990 |
| 2014 | $-23,127 | $198K | $2.7M | $0 | — | View 990 |
| 2013 | $15K | $160K | $2.9M | $0 | — | View 990 |
| 2012 | $149K | $147K | $3.0M | $0 | — | View 990 |
| 2011 | $18K | $72K | $3.0M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $138K, expenses of $160K, and assets of $2.7M (revenue +34.7% year-over-year).
- 2022: Revenue of $103K, expenses of $177K, and assets of $2.7M (revenue +80.6% year-over-year).
- 2021: Revenue of $57K, expenses of $187K, and assets of $2.8M (revenue -78.0% year-over-year).
- 2020: Revenue of $258K, expenses of $184K, and assets of $2.9M (revenue -60.7% year-over-year).
- 2019: Revenue of $657K, expenses of $164K, and assets of $2.8M (revenue +1331.8% year-over-year).
- 2015: Revenue of $46K, expenses of $158K, and assets of $2.5M.
- 2014: Revenue of $-23,127, expenses of $198K, and assets of $2.7M (revenue -259.1% year-over-year).
- 2013: Revenue of $15K, expenses of $160K, and assets of $2.9M (revenue -90.3% year-over-year).
- 2012: Revenue of $149K, expenses of $147K, and assets of $3.0M (revenue +730.9% year-over-year).
- 2011: Revenue of $18K, expenses of $72K, and assets of $3.0M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for T K Zampetis Family Foundation:
Data Sources and Methodology
This transparency report for T K Zampetis Family 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.