Tara Foundation Inc
Tara Foundation Inc. maintains zero liabilities and volunteer-based leadership amidst fluctuating modest revenues.
EIN: 208634407 · Meriden, NH · NTEE: Q30 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $66K |
| Total Expenses | $45K |
| Program Spending | 70% |
| Net Assets | $39K |
| Transparency Score | 75/100 |
Is Tara Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Tara Foundation Inc directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Tara Foundation Inc
Tara Foundation Inc (EIN: 208634407) is a nonprofit organization based in Meriden, NH, classified under NTEE code Q30. The organization reported total revenue of $66K and total assets of $39K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Tara Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Tara Foundation Inc is a micro nonprofit that has been operating for 19 years, with 9 years of IRS 990 filings on record (2011–2019). Revenue has grown at a compound annual rate of 8.6%.
Key Financial Metrics (2019)
From the most recent IRS 990 filing on record:
| Total Revenue | $56K |
| Total Expenses | $45K |
| Surplus / Deficit | +$12K |
| Total Assets | $39K |
| Net Assets | $39K |
| Operating Margin | 20.6% |
| Months of Reserves | 10.5 months |
Financial Health Grade: A
In 2019, Tara Foundation Inc reported a surplus of $12K with revenue exceeding expenses, holds 10.5 months of operating reserves (strong position).
Financial Trends
Over 9 years of filings (2011–2019), Tara Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 8.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2019 | +17.7% | +28.7% | +42.5% |
| 2018 | -0.9% | -30.1% | +95.6% |
| 2017 | -19.5% | -29.2% | -9.0% |
| 2016 | -8.2% | +32.3% | -39.6% |
| 2015 | +112.9% | +19.5% | +94.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
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 Tara Foundation Inc with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, Tara Foundation Inc allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2019)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $12K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that the organization's leadership is not drawing a salary from the organization, which is highly favorable for a nonprofit of this size.
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 Tara Foundation Inc's IRS 990 filings:
- Lack of detailed expense breakdown in provided data prevents full spending efficiency analysis
Strengths
The following positive indicators were identified for Tara Foundation Inc:
- Consistent zero liabilities across all filings
- 0% officer compensation reported in all periods, indicating volunteer leadership or very low executive overhead
- Consistent filing of IRS Form 990s demonstrates transparency
- Positive asset growth from $14,279 in 2011 to $39,432 currently
Frequently Asked Questions about Tara Foundation Inc
Is Tara Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Tara Foundation Inc (EIN: 208634407) some concerns. Mission Score: 75/100. 1 red flag identified, 4 strengths noted.
How does Tara Foundation Inc spend its money?
Tara Foundation Inc directs 70% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Tara Foundation Inc tax-deductible?
Tara Foundation Inc is registered as a tax-exempt nonprofit (EIN: 208634407). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Tara Foundation Inc's spending goes to programs?
Tara Foundation Inc directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
How does Tara Foundation Inc compare to similar nonprofits?
With a transparency score of 75/100 (Good), Tara Foundation Inc is above average for NTEE category Q30 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Tara Foundation Inc located?
Tara Foundation Inc is headquartered in Meriden, New Hampshire and files with the IRS under EIN 208634407. It is classified under NTEE code Q30.
How many years of IRS 990 filings does Tara Foundation Inc have?
Tara Foundation Inc has 9 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 $66K in total revenue.
Is Tara Foundation Inc. a good charity?
Based on the available data, Tara Foundation Inc. appears to be a fiscally responsible organization with zero liabilities and no reported officer compensation. Its consistent filing of IRS 990s also indicates good transparency. However, without detailed program spending information, it's difficult to fully assess its impact and efficiency.
How has Tara Foundation Inc.'s financial health changed over time?
The organization's assets have grown from $14,279 in 2011 to $39,432 currently, indicating a positive trend in financial health. Revenues and expenses have fluctuated year-to-year, but the organization has consistently maintained zero liabilities.
Does Tara Foundation Inc. spend efficiently?
While the organization consistently reports 0% officer compensation, which is a strong indicator of low overhead, the provided data lacks a detailed breakdown of program, administrative, and fundraising expenses. Therefore, a precise assessment of spending efficiency cannot be fully determined from the available information.
Filing History
IRS 990 filing history for Tara Foundation Inc showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2011–2019), Tara Foundation Inc's revenue has grown by 93.6%, moving from $29K to $56K. Total assets increased by 174.6% over the same period, from $14K to $39K. Total functional expenses rose by 25.4%, from $36K to $45K. In its most recent filing year (2019), Tara Foundation Inc reported a surplus of $12K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2019 | $56K | $45K | $39K | $0 | — | View 990 |
| 2018 | $48K | $35K | $28K | $0 | — | View 990 |
| 2017 | $48K | $50K | $14K | $0 | — | View 990 |
| 2016 | $60K | $70K | $15K | $0 | — | View 990 |
| 2015 | $65K | $53K | $26K | $0 | — | View 990 |
| 2014 | $31K | $44K | $13K | $0 | — | View 990 |
| 2013 | $57K | $40K | $26K | $0 | — | View 990 |
| 2012 | $39K | $44K | $10K | $0 | — | View 990 |
| 2011 | $29K | $36K | $14K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2019: Revenue of $56K, expenses of $45K, and assets of $39K (revenue +17.7% year-over-year).
- 2018: Revenue of $48K, expenses of $35K, and assets of $28K (revenue -0.9% year-over-year).
- 2017: Revenue of $48K, expenses of $50K, and assets of $14K (revenue -19.5% year-over-year).
- 2016: Revenue of $60K, expenses of $70K, and assets of $15K (revenue -8.2% year-over-year).
- 2015: Revenue of $65K, expenses of $53K, and assets of $26K (revenue +112.9% year-over-year).
- 2014: Revenue of $31K, expenses of $44K, and assets of $13K (revenue -46.3% year-over-year).
- 2013: Revenue of $57K, expenses of $40K, and assets of $26K (revenue +45.3% year-over-year).
- 2012: Revenue of $39K, expenses of $44K, and assets of $10K (revenue +35.4% year-over-year).
- 2011: Revenue of $29K, expenses of $36K, and assets of $14K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Tara Foundation Inc:
Data Sources and Methodology
This transparency report for Tara 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.