Tau Beta Association
EIN: 381359594 · Bloomfield Hills, MI
| Metric | Value |
|---|---|
| Total Revenue | $494K |
| Total Expenses | $188K |
| Net Assets | $2.5M |
Is Tau Beta Association Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Tau Beta Association
Tau Beta Association (EIN: 381359594) is a nonprofit organization based in Bloomfield Hills, MI. The organization reported total revenue of $494K and total assets of $2.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Tau Beta Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Tau Beta Association is a small nonprofit that has been operating for 48 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 1.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $291K |
| Total Expenses | $188K |
| Surplus / Deficit | +$103K |
| Total Assets | $2.5M |
| Net Assets | $2.5M |
| Operating Margin | 35.3% |
| Months of Reserves | 157.6 months |
Financial Health Grade: A
In 2023, Tau Beta Association reported a surplus of $103K with revenue exceeding expenses, holds 157.6 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Tau Beta Association's revenue has grown at a compound annual growth rate (CAGR) of 1.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -17.0% | -13.2% | +4.3% |
| 2022 | +3.6% | -4.1% | +6.0% |
| 2021 | +16.3% | +24.3% | +5.3% |
| 2020 | +12.0% | +3.6% | +5.4% |
| 2019 | -3.8% | +3.3% | +4.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1978 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Tau Beta Association 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 Tau Beta Association 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 $103K, with revenue exceeding expenses.
Frequently Asked Questions about Tau Beta Association
Is Tau Beta Association a legitimate charity?
Tau Beta Association (EIN: 381359594) is a registered tax-exempt nonprofit based in Michigan. It has 13 years of IRS 990 filings on record. Total revenue: $494K. No red flags identified. Financial health grade: A.
How does Tau Beta Association spend its money?
Tau Beta Association reported $494K in total revenue in IRS 990 filings. 13 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Tau Beta Association tax-deductible?
Tau Beta Association is registered as a tax-exempt nonprofit (EIN: 381359594). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Tau Beta Association located?
Tau Beta Association is headquartered in Bloomfield Hills, Michigan and files with the IRS under EIN 381359594.
How many years of IRS 990 filings does Tau Beta Association have?
Tau Beta Association has 13 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 $494K in total revenue.
Filing History
IRS 990 filing history for Tau Beta Association showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Tau Beta Association's revenue has grown by 18.3%, moving from $246K to $291K. Total assets increased by 122.2% over the same period, from $1.1M to $2.5M. Total functional expenses rose by 56%, from $121K to $188K. In its most recent filing year (2023), Tau Beta Association reported a surplus of $103K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $291K | $188K | $2.5M | $0 | — | — |
| 2022 | $351K | $217K | $2.4M | $0 | — | View 990 |
| 2021 | $338K | $226K | $2.2M | $0 | — | View 990 |
| 2020 | $291K | $182K | $2.1M | $0 | — | View 990 |
| 2019 | $260K | $176K | $2.0M | $0 | — | View 990 |
| 2018 | $270K | $170K | $1.9M | $0 | — | — |
| 2017 | $212K | $139K | $1.8M | $0 | — | — |
| 2016 | $184K | $183K | $1.8M | $0 | — | View 990 |
| 2015 | $367K | $143K | $1.7M | $0 | — | View 990 |
| 2014 | $361K | $128K | $1.5M | $0 | — | View 990 |
| 2013 | $256K | $149K | $1.3M | $0 | — | View 990 |
| 2012 | $161K | $120K | $1.2M | $248 | — | View 990 |
| 2011 | $246K | $121K | $1.1M | $15 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $291K, expenses of $188K, and assets of $2.5M (revenue -17.0% year-over-year).
- 2022: Revenue of $351K, expenses of $217K, and assets of $2.4M (revenue +3.6% year-over-year).
- 2021: Revenue of $338K, expenses of $226K, and assets of $2.2M (revenue +16.3% year-over-year).
- 2020: Revenue of $291K, expenses of $182K, and assets of $2.1M (revenue +12.0% year-over-year).
- 2019: Revenue of $260K, expenses of $176K, and assets of $2.0M (revenue -3.8% year-over-year).
- 2018: Revenue of $270K, expenses of $170K, and assets of $1.9M (revenue +27.4% year-over-year).
- 2017: Revenue of $212K, expenses of $139K, and assets of $1.8M (revenue +15.3% year-over-year).
- 2016: Revenue of $184K, expenses of $183K, and assets of $1.8M (revenue -49.9% year-over-year).
- 2015: Revenue of $367K, expenses of $143K, and assets of $1.7M (revenue +1.6% year-over-year).
- 2014: Revenue of $361K, expenses of $128K, and assets of $1.5M (revenue +41.0% year-over-year).
- 2013: Revenue of $256K, expenses of $149K, and assets of $1.3M (revenue +59.3% year-over-year).
- 2012: Revenue of $161K, expenses of $120K, and assets of $1.2M (revenue -34.6% year-over-year).
- 2011: Revenue of $246K, expenses of $121K, and assets of $1.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Tau Beta Association:
Data Sources and Methodology
This transparency report for Tau Beta Association 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.