Tennant Company Foundation
EIN: 237297045 · Eden Prairie, MN
| Metric | Value |
|---|---|
| Total Revenue | $600K |
| Total Expenses | $975K |
| Net Assets | $543K |
Is Tennant Company Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Tennant Company Foundation
Tennant Company Foundation (EIN: 237297045) is a nonprofit organization based in Eden Prairie, MN. The organization reported total revenue of $600K and total assets of $65K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Tennant Company Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Tennant Company Foundation is a small nonprofit that has been operating for 53 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 141.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.5M |
| Total Expenses | $975K |
| Surplus / Deficit | +$525K |
| Total Assets | $543K |
| Total Liabilities | $1 |
| Net Assets | $543K |
| Operating Margin | 35.0% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 6.7 months |
Financial Health Grade: A
In 2023, Tennant Company Foundation reported a surplus of $525K with revenue exceeding expenses, holds 6.7 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), Tennant Company Foundation's revenue has grown at a compound annual growth rate (CAGR) of 141.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +130.8% | +45.8% | +2830.5% |
| 2022 | +42.9% | +29.7% | -50.1% |
| 2021 | +126288.9% | -12.5% | -61.9% |
| 2020 | -100.0% | +19.2% | -85.8% |
| 2019 | +138.4% | +4.1% | +11580.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1973 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Tennant Company 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 Tennant Company 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 $525K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Tennant Company Foundation
Is Tennant Company Foundation a legitimate charity?
Tennant Company Foundation (EIN: 237297045) is a registered tax-exempt nonprofit based in Minnesota. It has 10 years of IRS 990 filings on record. Total revenue: $600K. No red flags identified. Financial health grade: A.
How does Tennant Company Foundation spend its money?
Tennant Company Foundation reported $600K 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 Tennant Company Foundation tax-deductible?
Tennant Company Foundation is registered as a tax-exempt nonprofit (EIN: 237297045). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Tennant Company Foundation located?
Tennant Company Foundation is headquartered in Eden Prairie, Minnesota and files with the IRS under EIN 237297045.
How many years of IRS 990 filings does Tennant Company Foundation have?
Tennant Company 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 $600K in total revenue.
Filing History
IRS 990 filing history for Tennant Company Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Tennant Company Foundation's revenue has grown by 3846053.8%, moving from $39 to $1.5M. Total assets increased by 264.2% over the same period, from $149K to $543K. Total functional expenses rose by 125%, from $433K to $975K. In its most recent filing year (2023), Tennant Company Foundation reported a surplus of $525K, with revenue exceeding expenses. The organization holds $1 in liabilities against $543K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $543K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.5M | $975K | $543K | $1 | — | View 990 |
| 2022 | $650K | $669K | $19K | $1 | — | View 990 |
| 2021 | $455K | $515K | $37K | $1 | — | — |
| 2020 | $360 | $589K | $98K | $1 | — | View 990 |
| 2019 | $1.2M | $494K | $686K | $0 | — | View 990 |
| 2015 | $495K | $475K | $6K | $0 | — | View 990 |
| 2014 | $414K | $434K | $12K | $27K | — | View 990 |
| 2013 | $395K | $403K | $6K | $0 | — | View 990 |
| 2012 | $283K | $419K | $13K | $0 | — | View 990 |
| 2011 | $39 | $433K | $149K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.5M, expenses of $975K, and assets of $543K (revenue +130.8% year-over-year).
- 2022: Revenue of $650K, expenses of $669K, and assets of $19K (revenue +42.9% year-over-year).
- 2021: Revenue of $455K, expenses of $515K, and assets of $37K (revenue +126288.9% year-over-year).
- 2020: Revenue of $360, expenses of $589K, and assets of $98K (revenue -100.0% year-over-year).
- 2019: Revenue of $1.2M, expenses of $494K, and assets of $686K (revenue +138.4% year-over-year).
- 2015: Revenue of $495K, expenses of $475K, and assets of $6K (revenue +19.6% year-over-year).
- 2014: Revenue of $414K, expenses of $434K, and assets of $12K (revenue +4.7% year-over-year).
- 2013: Revenue of $395K, expenses of $403K, and assets of $6K (revenue +39.6% year-over-year).
- 2012: Revenue of $283K, expenses of $419K, and assets of $13K (revenue +725551.3% year-over-year).
- 2011: Revenue of $39, expenses of $433K, and assets of $149K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Tennant Company Foundation:
Data Sources and Methodology
This transparency report for Tennant Company 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.