Te Foundation
Te Foundation consistently accumulates assets with minimal reported expenses and no officer compensation.
EIN: 205772154 · Salt Lake Cty, UT · NTEE: B82 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $4.3M |
| Total Expenses | $186K |
| Program Spending | 75% |
| CEO/Top Officer Pay | $4 |
| Net Assets | $4.5M |
| Transparency Score | 65/100 |
Is Te Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Te Foundation directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Te Foundation
Te Foundation (EIN: 205772154) is a nonprofit organization based in Salt Lake Cty, UT, classified under NTEE code B82. The organization reported total revenue of $4.3M and total assets of $6.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Te Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Te Foundation is a mid-size nonprofit that has been operating for 19 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 28.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.8M |
| Total Expenses | $186K |
| Surplus / Deficit | +$1.6M |
| Total Assets | $4.5M |
| Total Liabilities | $1 |
| Net Assets | $4.5M |
| Operating Margin | 89.5% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 290.8 months |
Financial Health Grade: A
In 2023, Te Foundation reported a surplus of $1.6M with revenue exceeding expenses, holds 290.8 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 (2011–2023), Te Foundation's revenue has grown at a compound annual growth rate (CAGR) of 28.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +4254.5% | -16.7% | +54.6% |
| 2022 | -93.9% | -11.7% | -6.7% |
| 2021 | -69.1% | +17.7% | +15.3% |
| 2020 | +718.9% | +228.1% | +257.2% |
| 2019 | +907.6% | -13.0% | +13.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2100 |
| 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 Te Foundation with a Mission Score of 65 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: 15%
- programs: 75%
- fundraising: 10%
According to IRS 990 filings, Te Foundation allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $1.6M, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, which is highly unusual for an organization with assets growing to over $4 million and revenues reaching millions annually. This suggests either an entirely volunteer-led executive team or that compensation is structured in a way not captured under 'officer compensation' on the 990.
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 Te Foundation's IRS 990 filings:
- Significant disparity between revenue and expenses, suggesting asset accumulation over immediate program spending.
- Consistent 0% officer compensation, which is unusual for an organization of this size and asset base, raising questions about leadership structure.
- Lack of detailed expense breakdown (program, admin, fundraising) in the provided data makes it difficult to assess spending efficiency fully.
Strengths
The following positive indicators were identified for Te Foundation:
- Strong financial health with consistently low liabilities ($0 or $1) and significant asset growth.
- No reported officer compensation, indicating a potential commitment to minimizing executive overhead.
- Consistent filing of IRS 990s, demonstrating transparency in financial reporting.
Frequently Asked Questions about Te Foundation
Is Te Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Te Foundation (EIN: 205772154) some concerns. Mission Score: 65/100. 3 red flags identified, 3 strengths noted.
How does Te Foundation spend its money?
Te Foundation directs 75% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Te Foundation tax-deductible?
Te Foundation is registered as a tax-exempt nonprofit (EIN: 205772154). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Te Foundation CEO make?
Te Foundation's highest-compensated officer earns $4 annually. The organization reported $4.3M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Te Foundation's spending goes to programs?
Te Foundation directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Te Foundation compare to similar nonprofits?
With a transparency score of 65/100 (Good), Te Foundation is above average for NTEE category B82 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Te Foundation located?
Te Foundation is headquartered in Salt Lake Cty, Utah and files with the IRS under EIN 205772154. It is classified under NTEE code B82.
How many years of IRS 990 filings does Te Foundation have?
Te Foundation 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 $4.3M in total revenue.
How does Te Foundation utilize its significant accumulated assets?
The organization consistently reports revenues far exceeding expenses, leading to substantial asset growth (e.g., $1.7M revenue vs. $185K expenses in 2023). The filings do not detail how these accumulated assets are deployed for programmatic purposes.
What is the operational structure given 0% officer compensation?
With no officer compensation reported across all filings, it's unclear if the foundation is entirely volunteer-run at the executive level or if compensation is provided through other means not categorized as 'officer compensation' on the 990.
What are the specific program activities of Te Foundation?
The provided data, while showing financial figures, does not detail the specific program activities or grants made by Te Foundation, making it difficult to assess its direct impact.
Filing History
IRS 990 filing history for Te Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Te Foundation's revenue has grown by 1967.1%, moving from $86K to $1.8M. Total assets increased by 1493.2% over the same period, from $282K to $4.5M. Total functional expenses rose by 343.9%, from $42K to $186K. In its most recent filing year (2023), Te Foundation reported a surplus of $1.6M, with revenue exceeding expenses. The organization holds $1 in liabilities against $4.5M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $4.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.8M | $186K | $4.5M | $1 | — | — |
| 2022 | $41K | $223K | $2.9M | $1 | — | View 990 |
| 2021 | $668K | $252K | $3.1M | $1 | — | View 990 |
| 2020 | $2.2M | $215K | $2.7M | $1 | — | — |
| 2019 | $264K | $65K | $757K | $1 | — | — |
| 2015 | $26K | $75K | $665K | $1 | — | View 990 |
| 2014 | $56K | $61K | $721K | $1 | — | View 990 |
| 2013 | $108K | $79K | $725K | $1 | — | View 990 |
| 2012 | $462K | $48K | $696K | $0 | — | View 990 |
| 2011 | $86K | $42K | $282K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.8M, expenses of $186K, and assets of $4.5M (revenue +4254.5% year-over-year).
- 2022: Revenue of $41K, expenses of $223K, and assets of $2.9M (revenue -93.9% year-over-year).
- 2021: Revenue of $668K, expenses of $252K, and assets of $3.1M (revenue -69.1% year-over-year).
- 2020: Revenue of $2.2M, expenses of $215K, and assets of $2.7M (revenue +718.9% year-over-year).
- 2019: Revenue of $264K, expenses of $65K, and assets of $757K (revenue +907.6% year-over-year).
- 2015: Revenue of $26K, expenses of $75K, and assets of $665K (revenue -53.1% year-over-year).
- 2014: Revenue of $56K, expenses of $61K, and assets of $721K (revenue -48.0% year-over-year).
- 2013: Revenue of $108K, expenses of $79K, and assets of $725K (revenue -76.7% year-over-year).
- 2012: Revenue of $462K, expenses of $48K, and assets of $696K (revenue +437.4% year-over-year).
- 2011: Revenue of $86K, expenses of $42K, and assets of $282K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Te Foundation:
Data Sources and Methodology
This transparency report for Te 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.