Tenet Care Fund
EIN: 272388052 · Dallas, TX · NTEE: M20
Is Tenet Care Fund Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Tenet Care Fund
Tenet Care Fund (EIN: 272388052) is a nonprofit organization based in Dallas, TX, classified under NTEE code M20. The organization reported total revenue of $5.2M and total assets of $6.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Tenet Care Fund's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Tenet Care Fund is a mid-size nonprofit that has been operating for 16 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -6.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $201K |
| Total Expenses | $325K |
| Surplus / Deficit | $-124,024 |
| Total Assets | $1.5M |
| Net Assets | $1.5M |
| Operating Margin | -61.7% |
| Months of Reserves | 56.1 months |
Financial Health Grade: B
In 2023, Tenet Care Fund reported a deficit of $124K with expenses exceeding revenue, holds 56.1 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Tenet Care Fund's revenue has declined at a compound annual growth rate (CAGR) of -6.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -57.5% | -36.9% | -7.5% |
| 2022 | +20.0% | -27.0% | -2.5% |
| 2021 | -75.0% | -16.8% | -15.6% |
| 2020 | +302.0% | +77.5% | +57.1% |
| 2019 | -13.1% | +84.0% | -6.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2010 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Tenet Care Fund 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 Tenet Care Fund 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 $124K, with expenses exceeding revenue.
Frequently Asked Questions about Tenet Care Fund
Is Tenet Care Fund a legitimate charity?
Based on AI analysis of IRS 990 filings, Tenet Care Fund (EIN: 272388052) insufficient data. 0 red flags identified, 0 strengths noted.
How does Tenet Care Fund spend its money?
Detailed spending breakdown data is not yet available for Tenet Care Fund. Check back for updated IRS 990 analysis.
Are donations to Tenet Care Fund tax-deductible?
Tenet Care Fund is registered as a tax-exempt nonprofit (EIN: 272388052). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Tenet Care Fund showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Tenet Care Fund's revenue has declined by 55.8%, moving from $455K to $201K. Total assets increased by 2462.7% over the same period, from $59K to $1.5M. Total functional expenses fell by 18.8%, from $400K to $325K. In its most recent filing year (2023), Tenet Care Fund reported a deficit of $124K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $201K | $325K | $1.5M | $0 | — | — |
| 2022 | $473K | $515K | $1.6M | $0 | — | View 990 |
| 2021 | $394K | $706K | $1.7M | $0 | — | View 990 |
| 2020 | $1.6M | $848K | $2.0M | $0 | — | View 990 |
| 2019 | $392K | $478K | $1.3M | $0 | — | View 990 |
| 2018 | $451K | $260K | $1.4M | $0 | — | View 990 |
| 2017 | $910K | $651K | $1.2M | $0 | — | View 990 |
| 2016 | $794K | $700K | $916K | $0 | — | View 990 |
| 2015 | $594K | $270K | $822K | $0 | — | View 990 |
| 2014 | $535K | $422K | $498K | $0 | — | View 990 |
| 2013 | $488K | $246K | $387K | $0 | — | View 990 |
| 2012 | $416K | $329K | $146K | $0 | — | View 990 |
| 2011 | $455K | $400K | $59K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $201K, expenses of $325K, and assets of $1.5M (revenue -57.5% year-over-year).
- 2022: Revenue of $473K, expenses of $515K, and assets of $1.6M (revenue +20.0% year-over-year).
- 2021: Revenue of $394K, expenses of $706K, and assets of $1.7M (revenue -75.0% year-over-year).
- 2020: Revenue of $1.6M, expenses of $848K, and assets of $2.0M (revenue +302.0% year-over-year).
- 2019: Revenue of $392K, expenses of $478K, and assets of $1.3M (revenue -13.1% year-over-year).
- 2018: Revenue of $451K, expenses of $260K, and assets of $1.4M (revenue -50.4% year-over-year).
- 2017: Revenue of $910K, expenses of $651K, and assets of $1.2M (revenue +14.5% year-over-year).
- 2016: Revenue of $794K, expenses of $700K, and assets of $916K (revenue +33.8% year-over-year).
- 2015: Revenue of $594K, expenses of $270K, and assets of $822K (revenue +11.0% year-over-year).
- 2014: Revenue of $535K, expenses of $422K, and assets of $498K (revenue +9.7% year-over-year).
- 2013: Revenue of $488K, expenses of $246K, and assets of $387K (revenue +17.2% year-over-year).
- 2012: Revenue of $416K, expenses of $329K, and assets of $146K (revenue -8.5% year-over-year).
- 2011: Revenue of $455K, expenses of $400K, and assets of $59K.
Data Sources and Methodology
This transparency report for Tenet Care Fund 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.