Tbl Charitable Foundation
Tbl Charitable Foundation maintains substantial assets and low liabilities with no reported officer compensation.
EIN: 203982689 · Newtonville, MA · NTEE: T22 · Updated: 2026-03-28
About Tbl Charitable Foundation
Tbl Charitable Foundation (EIN: 203982689) is a nonprofit organization based in Newtonville, MA, classified under NTEE code T22. The organization reported total revenue of $15.6M and total assets of $31.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Tbl Charitable Foundation'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 Tbl Charitable Foundation 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: 85%
- fundraising: 5%
According to IRS 990 filings, Tbl Charitable Foundation allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating either a volunteer-led organization or that compensation is managed outside the scope of these specific disclosures, which is a positive sign for minimizing overhead related to salaries.
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 Tbl Charitable Foundation's IRS 990 filings:
- Significant year-over-year revenue volatility (e.g., $170,893 in 2022 to $13,952,490 in 2023), which could impact long-term planning.
- Lack of detailed expense breakdown in provided data makes it difficult to precisely evaluate program efficiency.
Strengths
The following positive indicators were identified for Tbl Charitable Foundation:
- Strong asset base ($31,662,087 latest) providing financial stability.
- Consistently low liabilities ($1 in recent years), indicating excellent financial management.
- 0% reported officer compensation across all filings, suggesting low administrative overhead related to executive pay.
- Generally low expenses relative to revenue, indicating efficient use of funds or significant asset growth.
Frequently Asked Questions about Tbl Charitable Foundation
Is Tbl Charitable Foundation a good charity?
Based on the available data, Tbl Charitable Foundation appears to be a financially sound organization with significant assets ($31,662,087 latest) and consistently low liabilities. The absence of reported officer compensation is a positive indicator. However, without detailed program spending breakdowns, it's challenging to fully assess its direct impact and efficiency as a grant-making or program-operating charity.
What is the primary use of Tbl Charitable Foundation's funds?
Given the low reported expenses relative to revenue in many years (e.g., $13,952,490 revenue vs. $959,989 expenses in 2023) and significant asset growth, it appears the foundation primarily focuses on accumulating assets and potentially making grants, rather than extensive direct program delivery. The NTEE code T22 (Private Grantmaking Foundations) supports this interpretation.
Why is there no officer compensation reported?
The consistent reporting of 0% officer compensation suggests that the foundation may be entirely volunteer-run, or that any compensated roles are structured in a way that their salaries are not reported as officer compensation on the 990 form, which is a strong indicator of low administrative overhead.
How stable is Tbl Charitable Foundation's revenue?
Revenue for Tbl Charitable Foundation has been highly volatile, ranging from $170,893 in 2022 to $13,952,490 in 2023. This suggests reliance on large, infrequent contributions or investment performance, which could lead to unpredictable annual funding.
Filing History
IRS 990 filing history for Tbl Charitable Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Tbl Charitable Foundation's revenue has grown by 60%, moving from $8.7M to $14.0M. Total assets increased by 288.2% over the same period, from $8.4M to $32.7M. Total functional expenses rose by 260.6%, from $266K to $960K. In its most recent filing year (2023), Tbl Charitable Foundation reported a surplus of $13.0M, with revenue exceeding expenses. The organization holds $1 in liabilities against $32.7M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $32.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $14.0M | $960K | $32.7M | $1 | — | — |
| 2022 | $171K | $1.2M | $19.7M | $1 | — | View 990 |
| 2021 | $6.0M | $1.3M | $20.7M | $1 | — | View 990 |
| 2020 | $514K | $703K | $15.9M | $1 | — | — |
| 2019 | $456K | $659K | $16.1M | $1 | — | — |
| 2015 | $5.5M | $1.3M | $13.2M | $0 | — | View 990 |
| 2014 | $898K | $1.5M | $11.2M | $0 | — | View 990 |
| 2013 | $4.2M | $633K | $11.8M | $0 | — | View 990 |
| 2012 | $369K | $631K | $8.2M | $0 | — | View 990 |
| 2011 | $8.7M | $266K | $8.4M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $14.0M, expenses of $960K, and assets of $32.7M (revenue +8064.5% year-over-year).
- 2022: Revenue of $171K, expenses of $1.2M, and assets of $19.7M (revenue -97.2% year-over-year).
- 2021: Revenue of $6.0M, expenses of $1.3M, and assets of $20.7M (revenue +1076.2% year-over-year).
- 2020: Revenue of $514K, expenses of $703K, and assets of $15.9M (revenue +12.8% year-over-year).
- 2019: Revenue of $456K, expenses of $659K, and assets of $16.1M (revenue -91.6% year-over-year).
- 2015: Revenue of $5.5M, expenses of $1.3M, and assets of $13.2M (revenue +507.2% year-over-year).
- 2014: Revenue of $898K, expenses of $1.5M, and assets of $11.2M (revenue -78.7% year-over-year).
- 2013: Revenue of $4.2M, expenses of $633K, and assets of $11.8M (revenue +1046.2% year-over-year).
- 2012: Revenue of $369K, expenses of $631K, and assets of $8.2M (revenue -95.8% year-over-year).
- 2011: Revenue of $8.7M, expenses of $266K, and assets of $8.4M.
Data Sources and Methodology
This transparency report for Tbl Charitable Foundation 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.