Tabat Family Foundation Inc
Tabat Family Foundation consistently grows assets with minimal liabilities and zero officer compensation, showing variable annual grantmaking.
EIN: 10852699 · Waukesha, WI · NTEE: T20 · Updated: 2026-03-28
Is Tabat Family Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Tabat Family Foundation Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Tabat Family Foundation Inc
Tabat Family Foundation Inc (EIN: 10852699) is a nonprofit organization based in Waukesha, WI, classified under NTEE code T20. The organization reported total revenue of $2.0M and total assets of $4.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Tabat Family Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Tabat Family Foundation Inc with a Mission Score of 80 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, Tabat Family Foundation Inc 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.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that the organization's leadership is either entirely volunteer-based or compensated through other means not categorized as officer compensation, which is a strong positive for financial efficiency.
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 Tabat Family Foundation Inc's IRS 990 filings:
- Significant variability in expense-to-revenue ratio, with very low spending in some years (e.g., 2022-2023) suggesting asset accumulation over immediate program distribution.
- Lack of detailed breakdown of expenses (program vs. admin) in the provided summary makes it difficult to fully assess spending efficiency beyond total expenses.
Strengths
The following positive indicators were identified for Tabat Family Foundation Inc:
- Strong and consistent asset growth, from $406,408 in 2011 to $4,408,224 in 2023.
- Extremely low liabilities, consistently reported as $1, indicating excellent financial stability.
- 0% officer compensation reported across all filings, suggesting efficient use of funds and potentially volunteer leadership.
- Consistent filing history (10 filings) demonstrates good transparency and compliance.
Frequently Asked Questions about Tabat Family Foundation Inc
Is Tabat Family Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Tabat Family Foundation Inc (EIN: 10852699) some concerns. Mission Score: 80/100. 2 red flags identified, 4 strengths noted.
How does Tabat Family Foundation Inc spend its money?
Tabat Family Foundation Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Tabat Family Foundation Inc tax-deductible?
Tabat Family Foundation Inc is registered as a tax-exempt nonprofit (EIN: 10852699). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Tabat Family Foundation Inc. a good charity?
Based on the provided data, the Tabat Family Foundation Inc. appears to be a financially sound organization with strong asset growth and minimal liabilities. The consistent 0% officer compensation is a significant positive. However, its 'goodness' as a charity depends on the impact of its grantmaking, which isn't detailed in these financial summaries. The variability in expense-to-revenue ratios suggests strategic rather than consistent annual grant distribution.
What is the primary focus of the Tabat Family Foundation Inc.?
As a Private Grantmaking Foundation (NTEE Code T20), its primary focus is to make grants to other organizations or individuals, rather than directly operating programs. The financial data shows it receives revenue and then expends funds, presumably for these grants.
Why are expenses so low compared to revenue in recent years (2022-2023)?
In 2022, expenses were $24,811 against $738,399 revenue, and in 2023, expenses were $26,624 against $700,787 revenue. This indicates that the foundation retained a significant portion of its revenue in these years, likely adding to its asset base, rather than distributing it as grants or incurring operational costs. This could be a strategic decision to build endowment or for future larger grants.
How has the foundation's asset base changed over time?
The foundation's assets have grown substantially, from $406,408 in 2011 to $4,408,224 in 2023, demonstrating strong financial management and accumulation of resources over the past decade.
Filing History
IRS 990 filing history for Tabat Family Foundation Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Tabat Family Foundation Inc's revenue has declined by 5.3%, moving from $740K to $701K. Total assets increased by 984.7% over the same period, from $406K to $4.4M. Total functional expenses fell by 96.3%, from $712K to $27K. In its most recent filing year (2023), Tabat Family Foundation Inc reported a surplus of $674K, with revenue exceeding expenses. The organization holds $1 in liabilities against $4.4M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $4.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $701K | $27K | $4.4M | $1 | — | View 990 |
| 2022 | $738K | $25K | $3.7M | $1 | — | View 990 |
| 2021 | $974K | $1.4M | $3.0M | $1 | — | View 990 |
| 2020 | $813K | $873K | $3.4M | $1 | — | — |
| 2019 | $869K | $275K | $3.5M | $1 | — | — |
| 2015 | $29K | $14K | $497K | $1 | — | View 990 |
| 2014 | $142K | $75K | $482K | $1 | — | View 990 |
| 2013 | $126K | $132K | $415K | $1 | — | View 990 |
| 2012 | $516K | $501K | $421K | $1 | — | View 990 |
| 2011 | $740K | $712K | $406K | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $701K, expenses of $27K, and assets of $4.4M (revenue -5.1% year-over-year).
- 2022: Revenue of $738K, expenses of $25K, and assets of $3.7M (revenue -24.2% year-over-year).
- 2021: Revenue of $974K, expenses of $1.4M, and assets of $3.0M (revenue +19.7% year-over-year).
- 2020: Revenue of $813K, expenses of $873K, and assets of $3.4M (revenue -6.4% year-over-year).
- 2019: Revenue of $869K, expenses of $275K, and assets of $3.5M (revenue +2931.3% year-over-year).
- 2015: Revenue of $29K, expenses of $14K, and assets of $497K (revenue -79.8% year-over-year).
- 2014: Revenue of $142K, expenses of $75K, and assets of $482K (revenue +12.4% year-over-year).
- 2013: Revenue of $126K, expenses of $132K, and assets of $415K (revenue -75.6% year-over-year).
- 2012: Revenue of $516K, expenses of $501K, and assets of $421K (revenue -30.2% year-over-year).
- 2011: Revenue of $740K, expenses of $712K, and assets of $406K.
Data Sources and Methodology
This transparency report for Tabat Family Foundation 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.