Tamposi Foundation Inc
Tamposi Foundation maintains strong asset growth and zero executive compensation despite fluctuating revenue.
EIN: 20406826 · Nashua, NH · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $240K |
| Total Expenses | $22K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $500,000. |
| Net Assets | $529K |
| Transparency Score | 85/100 |
Is Tamposi Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Tamposi Foundation Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Tamposi Foundation Inc
Tamposi Foundation Inc (EIN: 20406826) is a nonprofit organization based in Nashua, NH. The organization reported total revenue of $240K and total assets of $542K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Tamposi Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Tamposi Foundation Inc is a small nonprofit that has been operating for 38 years, with 10 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of -0.9%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $18K |
| Total Expenses | $22K |
| Surplus / Deficit | $-4,389 |
| Total Assets | $529K |
| Total Liabilities | $1 |
| Net Assets | $529K |
| Operating Margin | -24.8% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 287.9 months |
Financial Health Grade: B
In 2024, Tamposi Foundation Inc reported a deficit of $4K with expenses exceeding revenue, holds 287.9 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 (2012–2024), Tamposi Foundation Inc's revenue has declined at a compound annual growth rate (CAGR) of -0.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -54.6% | -27.1% | -0.8% |
| 2023 | -8.9% | -12.5% | +1.6% |
| 2022 | -27.7% | +122.2% | +1.6% |
| 2021 | -15.4% | -3.3% | +9.2% |
| 2020 | +60.7% | -54.6% | +19.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1988 |
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 Tamposi Foundation Inc 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, Tamposi Foundation Inc 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $4K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that the organization's leadership is entirely volunteer-based, which is highly efficient for an organization of its size with assets over $500,000.
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 Tamposi Foundation Inc's IRS 990 filings:
- Declining revenue trend in recent years (from $69,946 in 2020 to $17,676 in 2024)
- NTEE Code is unknown, making it difficult to assess specific program focus without further information.
Strengths
The following positive indicators were identified for Tamposi Foundation Inc:
- Consistent asset growth over the past decade (from $372,036 in 2012 to $529,391 in 2024)
- Zero officer compensation across all reported periods, indicating volunteer leadership and high efficiency.
- Extremely low liabilities (often $0 or $1), demonstrating strong financial health and minimal debt.
- Consistent filing of IRS 990 forms, indicating good transparency practices.
Frequently Asked Questions about Tamposi Foundation Inc
Is Tamposi Foundation Inc a legitimate charity?
Tamposi Foundation Inc (EIN: 20406826) is a registered tax-exempt nonprofit based in New Hampshire. Our AI analysis gives it a Mission Score of 85/100. It has 10 years of IRS 990 filings on record. Total revenue: $240K. 2 red flags identified. 4 strengths noted. Financial health grade: B.
How does Tamposi Foundation Inc spend its money?
Tamposi Foundation Inc directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Tamposi Foundation Inc tax-deductible?
Tamposi Foundation Inc is registered as a tax-exempt nonprofit (EIN: 20406826). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Tamposi Foundation Inc CEO make?
Tamposi Foundation Inc's highest-compensated officer earns $500,000. annually. The organization reported $240K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
Where is Tamposi Foundation Inc located?
Tamposi Foundation Inc is headquartered in Nashua, New Hampshire and files with the IRS under EIN 20406826.
How many years of IRS 990 filings does Tamposi Foundation Inc have?
Tamposi Foundation Inc 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 $240K in total revenue.
Is Tamposi Foundation Inc. a good charity?
Based on the available data, the Tamposi Foundation Inc. appears to be a well-managed charity. It exhibits strong financial health with growing assets (from $372,036 in 2012 to $529,391 in 2024), very low liabilities, and a commitment to volunteer leadership (0% officer compensation). The primary area for improvement in assessment is the lack of detailed program spending information.
How has the organization's revenue trended?
The organization's revenue has fluctuated over the past decade, peaking at $69,946 in 2020 and declining to $17,676 in 2024. Despite this, assets have continued to grow, suggesting other income sources or effective investment strategies.
What is the financial stability of the Tamposi Foundation?
The Tamposi Foundation demonstrates strong financial stability. Its assets have consistently grown from $372,036 in 2012 to $529,391 in 2024, and liabilities are consistently minimal ($0 or $1), indicating a very healthy balance sheet and low financial risk.
Filing History
IRS 990 filing history for Tamposi Foundation Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2012–2024), Tamposi Foundation Inc's revenue has declined by 9.8%, moving from $20K to $18K. Total assets increased by 42.3% over the same period, from $372K to $529K. Total functional expenses fell by 23.8%, from $29K to $22K. In its most recent filing year (2024), Tamposi Foundation Inc reported a deficit of $4K, with expenses exceeding revenue. The organization holds $1 in liabilities against $529K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $529K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $18K | $22K | $529K | $1 | — | View 990 |
| 2023 | $39K | $30K | $534K | $1 | — | — |
| 2022 | $43K | $35K | $525K | $1 | — | View 990 |
| 2021 | $59K | $16K | $517K | $1 | — | — |
| 2020 | $70K | $16K | $473K | $0 | — | View 990 |
| 2016 | $44K | $35K | $397K | $0 | — | View 990 |
| 2015 | $28K | $40K | $389K | $0 | — | View 990 |
| 2014 | $42K | $32K | $400K | $0 | — | View 990 |
| 2013 | $50K | $32K | $390K | $0 | — | View 990 |
| 2012 | $20K | $29K | $372K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $18K, expenses of $22K, and assets of $529K (revenue -54.6% year-over-year).
- 2023: Revenue of $39K, expenses of $30K, and assets of $534K (revenue -8.9% year-over-year).
- 2022: Revenue of $43K, expenses of $35K, and assets of $525K (revenue -27.7% year-over-year).
- 2021: Revenue of $59K, expenses of $16K, and assets of $517K (revenue -15.4% year-over-year).
- 2020: Revenue of $70K, expenses of $16K, and assets of $473K (revenue +60.7% year-over-year).
- 2016: Revenue of $44K, expenses of $35K, and assets of $397K (revenue +53.5% year-over-year).
- 2015: Revenue of $28K, expenses of $40K, and assets of $389K (revenue -32.6% year-over-year).
- 2014: Revenue of $42K, expenses of $32K, and assets of $400K (revenue -16.5% year-over-year).
- 2013: Revenue of $50K, expenses of $32K, and assets of $390K (revenue +157.2% year-over-year).
- 2012: Revenue of $20K, expenses of $29K, and assets of $372K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Tamposi Foundation Inc:
Data Sources and Methodology
This transparency report for Tamposi 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.