Tenet Healthcare Foundation
EIN: 742873537 · Dallas, TX · NTEE: T90Z
| Metric | Value |
|---|---|
| Total Revenue | $23.6M |
| Total Expenses | $841K |
| Net Assets | $4.8M |
Is Tenet Healthcare Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Tenet Healthcare Foundation
Tenet Healthcare Foundation (EIN: 742873537) is a nonprofit organization based in Dallas, TX, classified under NTEE code T90Z. The organization reported total revenue of $23.6M and total assets of $24.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Tenet Healthcare Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Tenet Healthcare Foundation is a large nonprofit that has been operating for 28 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 233.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.9M |
| Total Expenses | $841K |
| Surplus / Deficit | +$1.0M |
| Total Assets | $4.8M |
| Total Liabilities | $1 |
| Net Assets | $4.8M |
| Operating Margin | 55.5% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 67.9 months |
Financial Health Grade: A
In 2023, Tenet Healthcare Foundation reported a surplus of $1.0M with revenue exceeding expenses, holds 67.9 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), Tenet Healthcare Foundation's revenue has grown at a compound annual growth rate (CAGR) of 233.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +12035.7% | -33.8% | +39.3% |
| 2022 | -92.7% | +6.4% | -33.2% |
| 2020 | -258.6% | +8.1% | -18.0% |
| 2019 | -91.5% | +67912.6% | -6.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1998 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Tenet Healthcare 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 Tenet Healthcare 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 surplus of $1.0M, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Tenet Healthcare Foundation
Is Tenet Healthcare Foundation a legitimate charity?
Tenet Healthcare Foundation (EIN: 742873537) is a registered tax-exempt nonprofit based in Texas. It has 10 years of IRS 990 filings on record. Total revenue: $23.6M. No red flags identified. Financial health grade: A.
How does Tenet Healthcare Foundation spend its money?
Tenet Healthcare Foundation reported $23.6M in total revenue in IRS 990 filings. 10 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Tenet Healthcare Foundation tax-deductible?
Tenet Healthcare Foundation is registered as a tax-exempt nonprofit (EIN: 742873537). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Tenet Healthcare Foundation located?
Tenet Healthcare Foundation is headquartered in Dallas, Texas and files with the IRS under EIN 742873537. It is classified under NTEE code T90Z.
How many years of IRS 990 filings does Tenet Healthcare Foundation have?
Tenet Healthcare 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 $23.6M in total revenue.
Filing History
IRS 990 filing history for Tenet Healthcare Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Tenet Healthcare Foundation's revenue has grown by 188904500%, moving from $1 to $1.9M. Total assets increased by 15804.3% over the same period, from $30K to $4.8M. In its most recent filing year (2023), Tenet Healthcare Foundation reported a surplus of $1.0M, with revenue exceeding expenses. The organization holds $1 in liabilities against $4.8M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $4.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.9M | $841K | $4.8M | $1 | — | — |
| 2022 | $16K | $1.3M | $3.4M | $1 | — | — |
| 2021 | $212K | $1.2M | $5.1M | $1 | — | View 990 |
| 2020 | $-1,068,438 | $1.5M | $6.1M | $1 | — | View 990 |
| 2019 | $674K | $1.4M | $7.5M | $0 | — | View 990 |
| 2015 | $7.9M | $2K | $7.9M | $0 | — | View 990 |
| 2014 | $100 | $2K | $28K | $0 | — | View 990 |
| 2013 | $471 | $2K | $29K | $0 | — | View 990 |
| 2012 | $568 | $0 | $31K | $0 | — | View 990 |
| 2011 | $1 | $0 | $30K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.9M, expenses of $841K, and assets of $4.8M (revenue +12035.7% year-over-year).
- 2022: Revenue of $16K, expenses of $1.3M, and assets of $3.4M (revenue -92.7% year-over-year).
- 2021: Revenue of $212K, expenses of $1.2M, and assets of $5.1M.
- 2020: Revenue of $-1,068,438, expenses of $1.5M, and assets of $6.1M (revenue -258.6% year-over-year).
- 2019: Revenue of $674K, expenses of $1.4M, and assets of $7.5M (revenue -91.5% year-over-year).
- 2015: Revenue of $7.9M, expenses of $2K, and assets of $7.9M (revenue +7908612.0% year-over-year).
- 2014: Revenue of $100, expenses of $2K, and assets of $28K (revenue -78.8% year-over-year).
- 2013: Revenue of $471, expenses of $2K, and assets of $29K (revenue -17.1% year-over-year).
- 2012: Revenue of $568, expenses of $0, and assets of $31K (revenue +56700.0% year-over-year).
- 2011: Revenue of $1, expenses of $0, and assets of $30K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Tenet Healthcare Foundation:
Data Sources and Methodology
This transparency report for Tenet Healthcare 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.