Tammy Lynn Endowment Inc
EIN: 561949971 · Raleigh, NC · NTEE: P80Z
Is Tammy Lynn Endowment Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Tammy Lynn Endowment Inc
Tammy Lynn Endowment Inc (EIN: 561949971) is a nonprofit organization based in Raleigh, NC, classified under NTEE code P80Z. The organization reported total revenue of $1.0M and total assets of $3.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Tammy Lynn Endowment Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Tammy Lynn Endowment Inc is a mid-size nonprofit that has been operating for 28 years, with 12 years of IRS 990 filings on record (2012–2023).
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $106K |
| Total Expenses | $78K |
| Surplus / Deficit | +$29K |
| Total Assets | $2.8M |
| Net Assets | $2.8M |
| Operating Margin | 27.0% |
| Months of Reserves | 430.3 months |
Financial Health Grade: A
In 2023, Tammy Lynn Endowment Inc reported a surplus of $29K with revenue exceeding expenses, holds 430.3 months of operating reserves (strong position).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -43.5% | -43.8% | +10.4% |
| 2022 | -9.6% | -19.2% | -16.8% |
| 2021 | -9.8% | +141.1% | +22.3% |
| 2020 | +37.6% | -65.7% | +6.9% |
| 2019 | +123.4% | +119.7% | +8.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1998 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Tammy Lynn Endowment Inc 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 Tammy Lynn Endowment Inc 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 surplus of $29K, with revenue exceeding expenses.
Frequently Asked Questions about Tammy Lynn Endowment Inc
Is Tammy Lynn Endowment Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Tammy Lynn Endowment Inc (EIN: 561949971) insufficient data. 0 red flags identified, 0 strengths noted.
How does Tammy Lynn Endowment Inc spend its money?
Detailed spending breakdown data is not yet available for Tammy Lynn Endowment Inc. Check back for updated IRS 990 analysis.
Are donations to Tammy Lynn Endowment Inc tax-deductible?
Tammy Lynn Endowment Inc is registered as a tax-exempt nonprofit (EIN: 561949971). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Tammy Lynn Endowment Inc showing financial trends over 12 years of public records:
Total assets increased by 118.3% over the same period, from $1.3M to $2.8M. Total functional expenses rose by 109.2%, from $37K to $78K. In its most recent filing year (2023), Tammy Lynn Endowment Inc reported a surplus of $29K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $106K | $78K | $2.8M | $0 | — | — |
| 2022 | $189K | $138K | $2.5M | $0 | — | View 990 |
| 2021 | $209K | $171K | $3.0M | $0 | — | — |
| 2020 | $231K | $71K | $2.5M | $0 | — | View 990 |
| 2019 | $168K | $207K | $2.3M | $0 | — | View 990 |
| 2018 | $75K | $94K | $2.1M | $0 | — | View 990 |
| 2017 | $85K | $77K | $2.1M | $0 | — | View 990 |
| 2016 | $18K | $79K | $1.9M | $0 | — | View 990 |
| 2015 | $742K | $112K | $1.9M | $0 | — | View 990 |
| 2014 | $24K | $190K | $1.4M | $0 | — | View 990 |
| 2013 | $44K | $12K | $1.4M | $0 | — | View 990 |
| 2012 | $-29,278 | $37K | $1.3M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $106K, expenses of $78K, and assets of $2.8M (revenue -43.5% year-over-year).
- 2022: Revenue of $189K, expenses of $138K, and assets of $2.5M (revenue -9.6% year-over-year).
- 2021: Revenue of $209K, expenses of $171K, and assets of $3.0M (revenue -9.8% year-over-year).
- 2020: Revenue of $231K, expenses of $71K, and assets of $2.5M (revenue +37.6% year-over-year).
- 2019: Revenue of $168K, expenses of $207K, and assets of $2.3M (revenue +123.4% year-over-year).
- 2018: Revenue of $75K, expenses of $94K, and assets of $2.1M (revenue -11.1% year-over-year).
- 2017: Revenue of $85K, expenses of $77K, and assets of $2.1M (revenue +361.0% year-over-year).
- 2016: Revenue of $18K, expenses of $79K, and assets of $1.9M (revenue -97.5% year-over-year).
- 2015: Revenue of $742K, expenses of $112K, and assets of $1.9M (revenue +3030.1% year-over-year).
- 2014: Revenue of $24K, expenses of $190K, and assets of $1.4M (revenue -45.7% year-over-year).
- 2013: Revenue of $44K, expenses of $12K, and assets of $1.4M.
- 2012: Revenue of $-29,278, expenses of $37K, and assets of $1.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Tammy Lynn Endowment Inc:
Data Sources and Methodology
This transparency report for Tammy Lynn Endowment 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.