Tedmed Foundation
EIN: 812485592 · Stamford, CT · NTEE: H12
| Metric | Value |
|---|---|
| Total Revenue | $11K |
| Total Expenses | $1.2M |
| Net Assets | $63.9M |
Is Tedmed Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Tedmed Foundation
Tedmed Foundation (EIN: 812485592) is a nonprofit organization based in Stamford, CT, classified under NTEE code H12. The organization reported total revenue of $11K and total assets of $63.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Tedmed Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Tedmed Foundation is a micro nonprofit that has been operating for 10 years, with 8 years of IRS 990 filings on record (2016–2023). Revenue has grown at a compound annual rate of -59.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $108K |
| Total Expenses | $1.2M |
| Surplus / Deficit | $-1,098,096 |
| Total Assets | $63.9M |
| Total Liabilities | $8K |
| Net Assets | $63.9M |
| Operating Margin | -1016.7% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 636.0 months |
Financial Health Grade: B
In 2023, Tedmed Foundation reported a deficit of $1.1M with expenses exceeding revenue, holds 636.0 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 8 years of filings (2016–2023), Tedmed Foundation's revenue has declined at a compound annual growth rate (CAGR) of -59.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +31.0% | -2.1% | -0.9% |
| 2022 | +4.3% | +6.8% | -2.0% |
| 2021 | -96.7% | -68.2% | -1.0% |
| 2020 | +352.2% | +11.3% | -3.9% |
| 2019 | -83.7% | -30.3% | -1.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2016 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Tedmed Foundation 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 Tedmed Foundation 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 deficit of $1.1M, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Tedmed Foundation
Is Tedmed Foundation a legitimate charity?
Tedmed Foundation (EIN: 812485592) is a registered tax-exempt nonprofit based in Connecticut. It has 8 years of IRS 990 filings on record. Total revenue: $11K. No red flags identified. Financial health grade: B.
How does Tedmed Foundation spend its money?
Tedmed Foundation reported $11K in total revenue in IRS 990 filings. 8 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Tedmed Foundation tax-deductible?
Tedmed Foundation is registered as a tax-exempt nonprofit (EIN: 812485592). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Tedmed Foundation located?
Tedmed Foundation is headquartered in Stamford, Connecticut and files with the IRS under EIN 812485592. It is classified under NTEE code H12.
How many years of IRS 990 filings does Tedmed Foundation have?
Tedmed Foundation has 8 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 $11K in total revenue.
Filing History
IRS 990 filing history for Tedmed Foundation showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2016–2023), Tedmed Foundation's revenue has declined by 99.8%, moving from $65.0M to $108K. Total assets decreased by 11.9% over the same period, from $72.5M to $63.9M. Total functional expenses fell by 60.5%, from $3.1M to $1.2M. In its most recent filing year (2023), Tedmed Foundation reported a deficit of $1.1M, with expenses exceeding revenue. The organization holds $8K in liabilities against $63.9M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $63.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $108K | $1.2M | $63.9M | $8K | — | — |
| 2022 | $82K | $1.2M | $64.5M | $0 | — | View 990 |
| 2021 | $79K | $1.2M | $65.9M | $0 | — | — |
| 2020 | $2.4M | $3.6M | $66.5M | $0 | — | View 990 |
| 2019 | $523K | $3.3M | $69.3M | $1.7M | — | View 990 |
| 2018 | $3.2M | $4.7M | $70.1M | $57K | — | View 990 |
| 2017 | $4.0M | $5.0M | $71.7M | $259K | — | View 990 |
| 2016 | $65.0M | $3.1M | $72.5M | $127K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $108K, expenses of $1.2M, and assets of $63.9M (revenue +31.0% year-over-year).
- 2022: Revenue of $82K, expenses of $1.2M, and assets of $64.5M (revenue +4.3% year-over-year).
- 2021: Revenue of $79K, expenses of $1.2M, and assets of $65.9M (revenue -96.7% year-over-year).
- 2020: Revenue of $2.4M, expenses of $3.6M, and assets of $66.5M (revenue +352.2% year-over-year).
- 2019: Revenue of $523K, expenses of $3.3M, and assets of $69.3M (revenue -83.7% year-over-year).
- 2018: Revenue of $3.2M, expenses of $4.7M, and assets of $70.1M (revenue -19.5% year-over-year).
- 2017: Revenue of $4.0M, expenses of $5.0M, and assets of $71.7M (revenue -93.9% year-over-year).
- 2016: Revenue of $65.0M, expenses of $3.1M, and assets of $72.5M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Tedmed Foundation:
Data Sources and Methodology
This transparency report for Tedmed 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.