Tengelsen Family Foundation
Tengelsen Family Foundation shows fluctuating revenue and expenses, consistently reporting zero officer compensation.
EIN: 205950073 · Chicago, IL · NTEE: T20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.9M |
| Total Expenses | $532K |
| Program Spending | 90% |
| Net Assets | $155K |
| Transparency Score | 85/100 |
Is Tengelsen Family Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Tengelsen Family Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Tengelsen Family Foundation
Tengelsen Family Foundation (EIN: 205950073) is a nonprofit organization based in Chicago, IL, classified under NTEE code T20. The organization reported total revenue of $1.9M and total assets of $1.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Tengelsen Family Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Tengelsen Family 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 4.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $503K |
| Total Expenses | $532K |
| Surplus / Deficit | $-29,170 |
| Total Assets | $155K |
| Total Liabilities | $1 |
| Net Assets | $155K |
| Operating Margin | -5.8% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 3.5 months |
Financial Health Grade: B
In 2023, Tengelsen Family Foundation reported a deficit of $29K with expenses exceeding revenue, holds 3.5 months of operating reserves (adequate), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Tengelsen Family Foundation's revenue has grown at a compound annual growth rate (CAGR) of 4.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +100.7% | +7.7% | -15.7% |
| 2022 | -75.0% | -40.4% | -56.9% |
| 2021 | -20.6% | -26.0% | +67.6% |
| 2020 | +402.6% | +609.0% | +124.6% |
| 2019 | +895475.0% | -64.8% | +15117.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| 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 Tengelsen Family Foundation with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Tengelsen Family Foundation allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% 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 deficit of $29K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no salaries are paid to officers, which is highly favorable for a foundation of its size and suggests all funds are directed towards its mission or operational costs.
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 Tengelsen Family Foundation's IRS 990 filings:
- Inconsistent revenue streams leading to significant year-over-year fluctuations
- Expenses exceeding revenue in recent years (e.g., 2022 and 2023), potentially drawing down assets
Strengths
The following positive indicators were identified for Tengelsen Family Foundation:
- Consistent reporting of 0% officer compensation, indicating high efficiency in directing funds to mission
- Minimal liabilities ($1 reported in most recent filings), suggesting sound financial management
- Substantial asset base ($1,144,081) providing a buffer despite revenue fluctuations
Frequently Asked Questions about Tengelsen Family Foundation
Is Tengelsen Family Foundation a legitimate charity?
Tengelsen Family Foundation (EIN: 205950073) is a registered tax-exempt nonprofit based in Illinois. Our AI analysis gives it a Mission Score of 85/100. It has 10 years of IRS 990 filings on record. Total revenue: $1.9M. 2 red flags identified. 3 strengths noted. Financial health grade: B.
How does Tengelsen Family Foundation spend its money?
Tengelsen Family Foundation directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Tengelsen Family Foundation tax-deductible?
Tengelsen Family Foundation is registered as a tax-exempt nonprofit (EIN: 205950073). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Tengelsen Family Foundation compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Tengelsen Family Foundation is above average for NTEE category T20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Tengelsen Family Foundation located?
Tengelsen Family Foundation is headquartered in Chicago, Illinois and files with the IRS under EIN 205950073. It is classified under NTEE code T20.
How many years of IRS 990 filings does Tengelsen Family Foundation have?
Tengelsen Family 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 $1.9M in total revenue.
Is Tengelsen Family Foundation a good charity?
As a private family foundation, its 'goodness' is measured by its grant-making effectiveness. Financially, it demonstrates strong efficiency by not paying officer compensation, directing more funds to its mission. Its fluctuating financial health requires monitoring, but the lack of executive salaries is a significant positive.
How does the foundation manage its assets given the revenue fluctuations?
The foundation's assets have varied significantly, from $746 in 2015 to over $1.4 million in 2013, and currently $1,144,081. This suggests a strategy that likely involves investment income and potentially large, infrequent contributions to sustain its operations despite periods where expenses exceed revenue, such as in 2023 and 2022.
What is the trend in the foundation's financial health?
The foundation's financial health shows a pattern of significant variability. While it had strong revenue years like 2020 ($1.26M) and 2013 ($1.12M), it also experienced years with very low revenue (e.g., $28 in 2015) and periods where expenses outstripped revenue (e.g., 2022 and 2023). Its current assets of $1,144,081 are substantial, but the year-over-year changes indicate an unpredictable financial flow.
Filing History
IRS 990 filing history for Tengelsen Family Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Tengelsen Family Foundation's revenue has grown by 67.2%, moving from $301K to $503K. Total assets decreased by 82.3% over the same period, from $875K to $155K. Total functional expenses rose by 256.6%, from $149K to $532K. In its most recent filing year (2023), Tengelsen Family Foundation reported a deficit of $29K, with expenses exceeding revenue. The organization holds $1 in liabilities against $155K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $155K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $503K | $532K | $155K | $1 | — | View 990 |
| 2022 | $250K | $494K | $184K | $1 | — | View 990 |
| 2021 | $1.0M | $828K | $427K | $1 | — | View 990 |
| 2020 | $1.3M | $1.1M | $255K | $1 | — | — |
| 2019 | $251K | $158K | $114K | $1 | — | View 990 |
| 2015 | $28 | $448K | $746 | $1 | — | View 990 |
| 2014 | $67 | $473K | $449K | $1 | — | View 990 |
| 2013 | $1.1M | $360K | $1.4M | $1 | — | View 990 |
| 2012 | $123 | $206K | $669K | $1 | — | View 990 |
| 2011 | $301K | $149K | $875K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $503K, expenses of $532K, and assets of $155K (revenue +100.7% year-over-year).
- 2022: Revenue of $250K, expenses of $494K, and assets of $184K (revenue -75.0% year-over-year).
- 2021: Revenue of $1.0M, expenses of $828K, and assets of $427K (revenue -20.6% year-over-year).
- 2020: Revenue of $1.3M, expenses of $1.1M, and assets of $255K (revenue +402.6% year-over-year).
- 2019: Revenue of $251K, expenses of $158K, and assets of $114K (revenue +895475.0% year-over-year).
- 2015: Revenue of $28, expenses of $448K, and assets of $746 (revenue -58.2% year-over-year).
- 2014: Revenue of $67, expenses of $473K, and assets of $449K (revenue -100.0% year-over-year).
- 2013: Revenue of $1.1M, expenses of $360K, and assets of $1.4M (revenue +914151.2% year-over-year).
- 2012: Revenue of $123, expenses of $206K, and assets of $669K (revenue -100.0% year-over-year).
- 2011: Revenue of $301K, expenses of $149K, and assets of $875K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Tengelsen Family Foundation:
Data Sources and Methodology
This transparency report for Tengelsen Family 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.