Temenos Community Development Corpo Ration
Temenos Community Development Corporation shows declining assets and inconsistent revenue, with no reported officer compensation.
EIN: 204594987 · Houston, TX · NTEE: L40 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $3.1M |
| Total Expenses | $2.5M |
| Program Spending | 80% |
| Net Assets | $3.1M |
| Transparency Score | 70/100 |
Is Temenos Community Development Corpo Ration Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Temenos Community Development Corpo Ration directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Temenos Community Development Corpo Ration
Temenos Community Development Corpo Ration (EIN: 204594987) is a nonprofit organization based in Houston, TX, classified under NTEE code L40. The organization reported total revenue of $3.1M and total assets of $4.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Temenos Community Development Corpo Ration's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Temenos Community Development Corpo Ration is a mid-size nonprofit that has been operating for 20 years, with 12 years of IRS 990 filings on record (2011–2022). Revenue has grown at a compound annual rate of 2.5%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.1M |
| Total Expenses | $2.5M |
| Surplus / Deficit | $-366,088 |
| Total Assets | $5.3M |
| Total Liabilities | $2.2M |
| Net Assets | $3.1M |
| Operating Margin | -17.2% |
| Debt-to-Asset Ratio | 41.4% |
| Months of Reserves | 25.4 months |
Financial Health Grade: B
In 2022, Temenos Community Development Corpo Ration reported a deficit of $366K with expenses exceeding revenue, holds 25.4 months of operating reserves (strong position), has a debt-to-asset ratio of 41.4% (moderate leverage).
Financial Trends
Over 12 years of filings (2011–2022), Temenos Community Development Corpo Ration's revenue has grown at a compound annual growth rate (CAGR) of 2.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2021 | -103.7% | -24.2% | -16.6% |
| 2020 | +359.4% | +54.1% | -54.0% |
| 2019 | +30.7% | +46.8% | -2.6% |
| 2018 | +2.5% | -32.8% | -3.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
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 Temenos Community Development Corpo Ration with a Mission Score of 70 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: 80%
- fundraising: 5%
According to IRS 990 filings, Temenos Community Development Corpo Ration allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $366K, with expenses exceeding revenue.
- Debt-to-asset ratio: 41.4%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, which is unusual for an organization with revenues in the millions. This either indicates that no officers receive compensation, or that compensation is categorized differently, requiring further scrutiny for a complete understanding of financial transparency.
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 Temenos Community Development Corpo Ration's IRS 990 filings:
- Significant and consistent decline in total assets from $15.5M in 2017 to $5.2M in 2022.
- Negative revenue reported in 2021 ($-300,037), indicating potential financial instability or unusual accounting.
- Inconsistent revenue generation, with large swings between years (e.g., $8M in 2020 vs. $-0.3M in 2021).
- Expenses exceeding revenue in multiple recent years (e.g., 2022, 2021, 2019, 2018, 2017), leading to operational deficits.
Strengths
The following positive indicators were identified for Temenos Community Development Corpo Ration:
- Consistent reporting of 0% officer compensation, suggesting either volunteer leadership or transparent reporting of no executive pay.
- History of significant revenue generation in certain years, demonstrating capacity for large-scale funding (e.g., $8M in 2020).
- Maintained substantial assets over time, despite recent declines, indicating a solid financial base for operations.
Frequently Asked Questions about Temenos Community Development Corpo Ration
Is Temenos Community Development Corpo Ration a legitimate charity?
Temenos Community Development Corpo Ration (EIN: 204594987) is a registered tax-exempt nonprofit based in Texas. Our AI analysis gives it a Mission Score of 70/100. It has 12 years of IRS 990 filings on record. Total revenue: $3.1M. 4 red flags identified. 3 strengths noted. Financial health grade: B.
How does Temenos Community Development Corpo Ration spend its money?
Temenos Community Development Corpo Ration directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Temenos Community Development Corpo Ration tax-deductible?
Temenos Community Development Corpo Ration is registered as a tax-exempt nonprofit (EIN: 204594987). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Temenos Community Development Corpo Ration's spending goes to programs?
Temenos Community Development Corpo Ration directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Temenos Community Development Corpo Ration compare to similar nonprofits?
With a transparency score of 70/100 (Good), Temenos Community Development Corpo Ration is above average for NTEE category L40 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Temenos Community Development Corpo Ration located?
Temenos Community Development Corpo Ration is headquartered in Houston, Texas and files with the IRS under EIN 204594987. It is classified under NTEE code L40.
How many years of IRS 990 filings does Temenos Community Development Corpo Ration have?
Temenos Community Development Corpo Ration has 12 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 $3.1M in total revenue.
Why did assets decline from $15.5M in 2017 to $5.2M in 2022?
The significant decrease in assets from $15,528,867 in 2017 to $5,285,868 in 2022 suggests a major divestment, asset depreciation, or a change in financial strategy that warrants further investigation.
What caused the negative revenue of $-300,037 in 2021?
A negative revenue figure is highly unusual and could indicate significant returns, accounting adjustments, or a major loss. Understanding the specific cause is crucial for assessing financial stability.
How does the organization manage to operate with 0% reported officer compensation?
The consistent reporting of 0% officer compensation across all filings is atypical for an organization of this size and revenue. It raises questions about how leadership is compensated or if compensation is reported under other expense categories.
What is the primary source of the organization's revenue given its fluctuations?
Revenue has varied wildly, from $-300,037 in 2021 to $8,099,044 in 2020. Identifying the primary and most stable revenue streams is important for predicting future financial health.
Filing History
IRS 990 filing history for Temenos Community Development Corpo Ration showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2022), Temenos Community Development Corpo Ration's revenue has grown by 31.5%, moving from $1.6M to $2.1M. Total assets increased by 13.3% over the same period, from $4.7M to $5.3M. Total functional expenses rose by 91.7%, from $1.3M to $2.5M. In its most recent filing year (2022), Temenos Community Development Corpo Ration reported a deficit of $366K, with expenses exceeding revenue. The organization holds $2.2M in liabilities against $5.3M in assets (debt-to-asset ratio: 41.4%), resulting in net assets of $3.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $2.1M | $2.5M | $5.3M | $2.2M | — | View 990 |
| 2021 | $-300,037 | $2.7M | $5.6M | $2.1M | — | View 990 |
| 2020 | $8.1M | $3.5M | $6.7M | $261K | — | View 990 |
| 2019 | $1.8M | $2.3M | $14.6M | $3.3M | — | View 990 |
| 2018 | $1.3M | $1.6M | $15.0M | $3.1M | — | View 990 |
| 2017 | $1.3M | $2.3M | $15.5M | $3.5M | — | View 990 |
| 2016 | $1.7M | $1.5M | $12.1M | $3.2M | — | View 990 |
| 2015 | $2.3M | $1.4M | $10.6M | $2.3M | — | View 990 |
| 2014 | $4.7M | $4.7M | $8.5M | $952K | — | View 990 |
| 2013 | $1.4M | $1.1M | $5.3M | $973K | — | View 990 |
| 2012 | $1.1M | $1.0M | $4.8M | $747K | — | View 990 |
| 2011 | $1.6M | $1.3M | $4.7M | $645K | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $2.1M, expenses of $2.5M, and assets of $5.3M.
- 2021: Revenue of $-300,037, expenses of $2.7M, and assets of $5.6M (revenue -103.7% year-over-year).
- 2020: Revenue of $8.1M, expenses of $3.5M, and assets of $6.7M (revenue +359.4% year-over-year).
- 2019: Revenue of $1.8M, expenses of $2.3M, and assets of $14.6M (revenue +30.7% year-over-year).
- 2018: Revenue of $1.3M, expenses of $1.6M, and assets of $15.0M (revenue +2.5% year-over-year).
- 2017: Revenue of $1.3M, expenses of $2.3M, and assets of $15.5M (revenue -23.4% year-over-year).
- 2016: Revenue of $1.7M, expenses of $1.5M, and assets of $12.1M (revenue -26.5% year-over-year).
- 2015: Revenue of $2.3M, expenses of $1.4M, and assets of $10.6M (revenue -50.3% year-over-year).
- 2014: Revenue of $4.7M, expenses of $4.7M, and assets of $8.5M (revenue +243.9% year-over-year).
- 2013: Revenue of $1.4M, expenses of $1.1M, and assets of $5.3M (revenue +29.7% year-over-year).
- 2012: Revenue of $1.1M, expenses of $1.0M, and assets of $4.8M (revenue -34.9% year-over-year).
- 2011: Revenue of $1.6M, expenses of $1.3M, and assets of $4.7M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Temenos Community Development Corpo Ration:
Data Sources and Methodology
This transparency report for Temenos Community Development Corpo Ration 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.