Tennessee Health Foundation Inc
Tennessee Health Foundation Inc maintains substantial assets with zero reported officer compensation amidst fluctuating revenues.
EIN: 200298456 · Chattanooga, TN · NTEE: T21 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.7M |
| Total Expenses | $12.6M |
| Program Spending | 80% |
| Net Assets | $258.3M |
| Transparency Score | 85/100 |
Is Tennessee Health Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Tennessee Health Foundation Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Tennessee Health Foundation Inc
Tennessee Health Foundation Inc (EIN: 200298456) is a nonprofit organization based in Chattanooga, TN, classified under NTEE code T21. The organization reported total revenue of $1.7M and total assets of $281.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Tennessee Health Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Tennessee Health Foundation Inc is a mid-size nonprofit that has been operating for 23 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -2.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $16.5M |
| Total Expenses | $12.6M |
| Surplus / Deficit | +$3.8M |
| Total Assets | $258.7M |
| Total Liabilities | $439K |
| Net Assets | $258.3M |
| Operating Margin | 23.2% |
| Debt-to-Asset Ratio | 0.2% |
| Months of Reserves | 245.6 months |
Financial Health Grade: A
In 2023, Tennessee Health Foundation Inc reported a surplus of $3.8M with revenue exceeding expenses, holds 245.6 months of operating reserves (strong position), has a debt-to-asset ratio of 0.2% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Tennessee Health Foundation Inc's revenue has declined at a compound annual growth rate (CAGR) of -2.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +226.9% | -12.3% | +10.0% |
| 2022 | -76.0% | -15.5% | -13.9% |
| 2021 | +544.2% | -3.0% | +12.4% |
| 2020 | -71.5% | +50.4% | -1.3% |
| 2019 | +11.3% | -10.2% | +18.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2003 |
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 Tennessee Health Foundation Inc 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Tennessee Health Foundation Inc 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $3.8M, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.2%.
Executive Compensation Analysis
Tennessee Health Foundation Inc consistently reports 0% officer compensation across all available filings, indicating that no salaries are paid to its officers, which is highly unusual for an organization of its size and asset base. This suggests a volunteer-led executive structure or that compensation is reported under other expense categories, though the direct officer compensation line is zero.
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 Tennessee Health Foundation Inc's IRS 990 filings:
- Significant year-over-year revenue volatility, which could impact long-term program planning if not managed by reserves.
- Expenses exceeding revenue in multiple recent years (e.g., 2022, 2020), indicating reliance on accumulated assets or investment income to cover operational costs.
Strengths
The following positive indicators were identified for Tennessee Health Foundation Inc:
- Substantial asset base of $281,754,063 provides significant financial stability.
- Consistent reporting of 0% officer compensation, demonstrating a strong commitment to directing funds to mission.
- Long history of IRS 990 filings (10 filings provided) indicates transparency and consistent reporting.
- Overall asset growth over the decade, from $128,947,850 in 2011 to $281,754,063 currently, reflects sound financial management.
Frequently Asked Questions about Tennessee Health Foundation Inc
Is Tennessee Health Foundation Inc a legitimate charity?
Tennessee Health Foundation Inc (EIN: 200298456) is a registered tax-exempt nonprofit based in Tennessee. Our AI analysis gives it a Mission Score of 85/100. It has 10 years of IRS 990 filings on record. Total revenue: $1.7M. 2 red flags identified. 4 strengths noted. Financial health grade: A.
How does Tennessee Health Foundation Inc spend its money?
Tennessee Health Foundation Inc directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Tennessee Health Foundation Inc tax-deductible?
Tennessee Health Foundation Inc is registered as a tax-exempt nonprofit (EIN: 200298456). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Tennessee Health Foundation Inc's spending goes to programs?
Tennessee Health Foundation Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Tennessee Health Foundation Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Tennessee Health Foundation Inc is above average for NTEE category T21 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Tennessee Health Foundation Inc located?
Tennessee Health Foundation Inc is headquartered in Chattanooga, Tennessee and files with the IRS under EIN 200298456. It is classified under NTEE code T21.
How many years of IRS 990 filings does Tennessee Health Foundation Inc have?
Tennessee Health Foundation Inc 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 $1.7M in total revenue.
Is Tennessee Health Foundation Inc financially stable?
Yes, the organization appears financially stable, primarily due to its substantial asset base of $281,754,063, which can buffer periods of lower revenue or higher expenses.
How does Tennessee Health Foundation Inc manage executive compensation?
The organization reports 0% officer compensation in all available filings, indicating that no direct compensation is paid to its officers, which is a strong positive for transparency and resource allocation.
What is the trend in the organization's revenue?
Revenue has been highly volatile, ranging from a high of $33,687,816 in 2013 to a low of $3,261,329 in 2020, and most recently $16,462,274 in 2023. This fluctuation suggests reliance on varied funding sources or investment returns.
Does the organization spend more than it earns?
While in some years, such as 2022 ($14,409,419 expenses vs. $5,035,738 revenue) and 2020 ($17,578,694 expenses vs. $3,261,329 revenue), expenses exceeded revenue, in other years like 2023 ($12,640,244 expenses vs. $16,462,274 revenue), revenue surpassed expenses. The overall asset growth suggests long-term financial health.
Filing History
IRS 990 filing history for Tennessee Health Foundation Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Tennessee Health Foundation Inc's revenue has declined by 23.3%, moving from $21.5M to $16.5M. Total assets increased by 100.6% over the same period, from $128.9M to $258.7M. Total functional expenses rose by 124.3%, from $5.6M to $12.6M. In its most recent filing year (2023), Tennessee Health Foundation Inc reported a surplus of $3.8M, with revenue exceeding expenses. The organization holds $439K in liabilities against $258.7M in assets (debt-to-asset ratio: 0.2%), resulting in net assets of $258.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $16.5M | $12.6M | $258.7M | $439K | — | View 990 |
| 2022 | $5.0M | $14.4M | $235.1M | $176K | — | View 990 |
| 2021 | $21.0M | $17.1M | $273.1M | $805K | — | View 990 |
| 2020 | $3.3M | $17.6M | $243.1M | $385K | — | View 990 |
| 2019 | $11.4M | $11.7M | $246.2M | $458K | — | — |
| 2015 | $10.3M | $13.0M | $207.2M | $36K | — | View 990 |
| 2014 | $32.3M | $10.1M | $239.0M | $19.5M | — | View 990 |
| 2013 | $33.7M | $8.6M | $203.7M | $10K | — | View 990 |
| 2012 | $31.4M | $6.7M | $164.1M | $4K | — | View 990 |
| 2011 | $21.5M | $5.6M | $128.9M | $47K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $16.5M, expenses of $12.6M, and assets of $258.7M (revenue +226.9% year-over-year).
- 2022: Revenue of $5.0M, expenses of $14.4M, and assets of $235.1M (revenue -76.0% year-over-year).
- 2021: Revenue of $21.0M, expenses of $17.1M, and assets of $273.1M (revenue +544.2% year-over-year).
- 2020: Revenue of $3.3M, expenses of $17.6M, and assets of $243.1M (revenue -71.5% year-over-year).
- 2019: Revenue of $11.4M, expenses of $11.7M, and assets of $246.2M (revenue +11.3% year-over-year).
- 2015: Revenue of $10.3M, expenses of $13.0M, and assets of $207.2M (revenue -68.1% year-over-year).
- 2014: Revenue of $32.3M, expenses of $10.1M, and assets of $239.0M (revenue -4.1% year-over-year).
- 2013: Revenue of $33.7M, expenses of $8.6M, and assets of $203.7M (revenue +7.4% year-over-year).
- 2012: Revenue of $31.4M, expenses of $6.7M, and assets of $164.1M (revenue +46.2% year-over-year).
- 2011: Revenue of $21.5M, expenses of $5.6M, and assets of $128.9M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Tennessee Health Foundation Inc:
Data Sources and Methodology
This transparency report for Tennessee Health Foundation Inc 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.