Tennessee Orthopaedic Foundation For Education And Research Tofer
EIN: 264245045 · Brentwood, TN · NTEE: H50
| Metric | Value |
|---|---|
| Total Revenue | $200K |
| Total Expenses | $289K |
| Net Assets | $-343,960 |
Is Tennessee Orthopaedic Foundation For Education And Research Tofer Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Tennessee Orthopaedic Foundation For Education And Research Tofer
Tennessee Orthopaedic Foundation For Education And Research Tofer (EIN: 264245045) is a nonprofit organization based in Brentwood, TN, classified under NTEE code H50. The organization reported total revenue of $200K and total assets of $13K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Tennessee Orthopaedic Foundation For Education And Research Tofer's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Tennessee Orthopaedic Foundation For Education And Research Tofer is a small nonprofit that has been operating for 16 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 10.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $167K |
| Total Expenses | $289K |
| Surplus / Deficit | $-121,881 |
| Total Assets | $17K |
| Total Liabilities | $361K |
| Net Assets | $-343,960 |
| Operating Margin | -73.1% |
| Debt-to-Asset Ratio | 2136.5% |
| Months of Reserves | 0.7 months |
Financial Health Grade: D
In 2023, Tennessee Orthopaedic Foundation For Education And Research Tofer reported a deficit of $122K with expenses exceeding revenue, holds 0.7 months of operating reserves (limited), has a debt-to-asset ratio of 2136.5% (high leverage).
Financial Trends
Over 14 years of filings (2010–2023), Tennessee Orthopaedic Foundation For Education And Research Tofer's revenue has grown at a compound annual growth rate (CAGR) of 10.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +109.7% | +289.4% | +4987.3% |
| 2022 | +38.7% | +25.5% | -98.4% |
| 2021 | +55.5% | +3.6% | +228.2% |
| 2020 | -66.2% | -34.5% | -78.1% |
| 2019 | +10.9% | -13.5% | +74.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2010 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Tennessee Orthopaedic Foundation For Education And Research Tofer 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 Tennessee Orthopaedic Foundation For Education And Research Tofer 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 $122K, with expenses exceeding revenue.
- Debt-to-asset ratio: 2136.5%.
Frequently Asked Questions about Tennessee Orthopaedic Foundation For Education And Research Tofer
Is Tennessee Orthopaedic Foundation For Education And Research Tofer a legitimate charity?
Tennessee Orthopaedic Foundation For Education And Research Tofer (EIN: 264245045) is a registered tax-exempt nonprofit based in Tennessee. It has 14 years of IRS 990 filings on record. Total revenue: $200K. No red flags identified. Financial health grade: D.
How does Tennessee Orthopaedic Foundation For Education And Research Tofer spend its money?
Tennessee Orthopaedic Foundation For Education And Research Tofer reported $200K in total revenue in IRS 990 filings. 14 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Tennessee Orthopaedic Foundation For Education And Research Tofer tax-deductible?
Tennessee Orthopaedic Foundation For Education And Research Tofer is registered as a tax-exempt nonprofit (EIN: 264245045). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Tennessee Orthopaedic Foundation For Education And Research Tofer located?
Tennessee Orthopaedic Foundation For Education And Research Tofer is headquartered in Brentwood, Tennessee and files with the IRS under EIN 264245045. It is classified under NTEE code H50.
How many years of IRS 990 filings does Tennessee Orthopaedic Foundation For Education And Research Tofer have?
Tennessee Orthopaedic Foundation For Education And Research Tofer has 14 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 $200K in total revenue.
Filing History
IRS 990 filing history for Tennessee Orthopaedic Foundation For Education And Research Tofer showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Tennessee Orthopaedic Foundation For Education And Research Tofer's revenue has grown by 284.6%, moving from $43K to $167K. Total assets decreased by 23.7% over the same period, from $22K to $17K. Total functional expenses rose by 960.6%, from $27K to $289K. In its most recent filing year (2023), Tennessee Orthopaedic Foundation For Education And Research Tofer reported a deficit of $122K, with expenses exceeding revenue. The organization holds $361K in liabilities against $17K in assets (debt-to-asset ratio: 2136.5%), resulting in net assets of $-343,960.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $167K | $289K | $17K | $361K | — | — |
| 2022 | $80K | $74K | $332 | $2K | — | — |
| 2021 | $57K | $59K | $21K | $16K | — | View 990 |
| 2020 | $37K | $57K | $6K | $296 | — | View 990 |
| 2019 | $109K | $87K | $29K | $3K | — | View 990 |
| 2018 | $99K | $101K | $17K | $930 | — | View 990 |
| 2017 | $92K | $119K | $8K | $2K | — | — |
| 2016 | $85K | $93K | $35K | $2K | — | View 990 |
| 2015 | $82K | $83K | $43K | $2K | — | View 990 |
| 2014 | $83K | $65K | $45K | $2K | — | View 990 |
| 2013 | $44K | $63K | $26K | $976 | — | View 990 |
| 2012 | $97K | $65K | $45K | $957 | — | View 990 |
| 2011 | $53K | $61K | $13K | $2K | — | View 990 |
| 2010 | $43K | $27K | $22K | $4K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $167K, expenses of $289K, and assets of $17K (revenue +109.7% year-over-year).
- 2022: Revenue of $80K, expenses of $74K, and assets of $332 (revenue +38.7% year-over-year).
- 2021: Revenue of $57K, expenses of $59K, and assets of $21K (revenue +55.5% year-over-year).
- 2020: Revenue of $37K, expenses of $57K, and assets of $6K (revenue -66.2% year-over-year).
- 2019: Revenue of $109K, expenses of $87K, and assets of $29K (revenue +10.9% year-over-year).
- 2018: Revenue of $99K, expenses of $101K, and assets of $17K (revenue +6.9% year-over-year).
- 2017: Revenue of $92K, expenses of $119K, and assets of $8K (revenue +8.7% year-over-year).
- 2016: Revenue of $85K, expenses of $93K, and assets of $35K (revenue +3.9% year-over-year).
- 2015: Revenue of $82K, expenses of $83K, and assets of $43K (revenue -1.2% year-over-year).
- 2014: Revenue of $83K, expenses of $65K, and assets of $45K (revenue +88.6% year-over-year).
- 2013: Revenue of $44K, expenses of $63K, and assets of $26K (revenue -55.0% year-over-year).
- 2012: Revenue of $97K, expenses of $65K, and assets of $45K (revenue +82.7% year-over-year).
- 2011: Revenue of $53K, expenses of $61K, and assets of $13K (revenue +22.9% year-over-year).
- 2010: Revenue of $43K, expenses of $27K, and assets of $22K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Tennessee Orthopaedic Foundation For Education And Research Tofer:
Data Sources and Methodology
This transparency report for Tennessee Orthopaedic Foundation For Education And Research Tofer 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.