Tessier Family Foundation Inc
Tessier Family Foundation consistently maintains over $1M in assets with zero officer compensation.
EIN: 203160090 · Pierre, SD · NTEE: T20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $192K |
| Total Expenses | $78K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $1.2 |
| Net Assets | $1.3M |
| Transparency Score | 95/100 |
Is Tessier Family Foundation Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Tessier Family Foundation Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Tessier Family Foundation Inc
Tessier Family Foundation Inc (EIN: 203160090) is a nonprofit organization based in Pierre, SD, classified under NTEE code T20. The organization reported total revenue of $192K and total assets of $1.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Tessier Family Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Tessier Family Foundation Inc is a small nonprofit that has been operating for 20 years, with 7 years of IRS 990 filings on record (2011–2020). Revenue has grown at a compound annual rate of 5.3%.
Key Financial Metrics (2020)
From the most recent IRS 990 filing on record:
| Total Revenue | $72K |
| Total Expenses | $78K |
| Surplus / Deficit | $-5,673 |
| Total Assets | $1.3M |
| Total Liabilities | $1 |
| Net Assets | $1.3M |
| Operating Margin | -7.8% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 193.8 months |
Financial Health Grade: B
In 2020, Tessier Family Foundation Inc reported a deficit of $6K with expenses exceeding revenue, holds 193.8 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 7 years of filings (2011–2020), Tessier Family Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 5.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2020 | +38.3% | -2.0% | +0.4% |
| 2019 | +12.9% | +3.4% | +6.2% |
| 2015 | -48.2% | +1.5% | -2.7% |
| 2014 | +4.7% | +4.4% | +1.1% |
| 2013 | +28.3% | +13.3% | +1.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
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 Tessier Family Foundation Inc with a Mission Score of 95 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, Tessier Family Foundation Inc 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 (2020)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $6K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no salaries are paid to officers. This is highly favorable, as it means all operational expenses are directed towards administrative functions or program activities, rather than executive salaries, especially for an organization with over $1.2 million in assets.
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.
Strengths
The following positive indicators were identified for Tessier Family Foundation Inc:
- Zero officer compensation reported across all filings, indicating high efficiency.
- Consistent asset growth, with assets exceeding $1.2 million in recent years.
- Stable financial management with expenses generally in line with or below revenue in most periods.
- Strong program focus implied by the nature of a private grantmaking foundation and efficient spending.
Frequently Asked Questions about Tessier Family Foundation Inc
Is Tessier Family Foundation Inc a legitimate charity?
Tessier Family Foundation Inc (EIN: 203160090) is a registered tax-exempt nonprofit based in South Dakota. Our AI analysis gives it a Mission Score of 95/100. It has 7 years of IRS 990 filings on record. Total revenue: $192K. No red flags identified. 4 strengths noted. Financial health grade: B.
How does Tessier Family Foundation Inc spend its money?
Tessier Family Foundation Inc directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Tessier Family Foundation Inc tax-deductible?
Tessier Family Foundation Inc is registered as a tax-exempt nonprofit (EIN: 203160090). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Tessier Family Foundation Inc CEO make?
Tessier Family Foundation Inc's highest-compensated officer earns $1.2 annually. The organization reported $192K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
How does Tessier Family Foundation Inc compare to similar nonprofits?
With a transparency score of 95/100 (Excellent), Tessier Family Foundation Inc 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 Tessier Family Foundation Inc located?
Tessier Family Foundation Inc is headquartered in Pierre, South Dakota and files with the IRS under EIN 203160090. It is classified under NTEE code T20.
How many years of IRS 990 filings does Tessier Family Foundation Inc have?
Tessier Family Foundation Inc has 7 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 $192K in total revenue.
Is Tessier Family Foundation Inc. a good charity?
Based on the available IRS 990 data, the Tessier Family Foundation Inc. appears to be a very good charity, particularly due to its strong asset base, consistent financial management, and zero officer compensation, which suggests a high dedication to its mission.
How does the foundation manage its expenses relative to its revenue?
In recent periods, the foundation's expenses have been well-managed. For example, in 2020, expenses were $78,106 against revenue of $72,433, and in 2019, expenses were $79,702 against revenue of $52,383. While expenses sometimes exceed revenue, this is not uncommon for foundations that draw from their endowments, and the overall asset base remains robust at over $1.2 million.
What is the trend in the foundation's assets?
The foundation's assets have shown a consistent upward trend, growing from $1,178,271 in 2011 to $1,261,638 in 2020, indicating sound financial stewardship and growth of its endowment.
Filing History
IRS 990 filing history for Tessier Family Foundation Inc showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2011–2020), Tessier Family Foundation Inc's revenue has grown by 59.3%, moving from $45K to $72K. Total assets increased by 7.1% over the same period, from $1.2M to $1.3M. Total functional expenses rose by 15.2%, from $68K to $78K. In its most recent filing year (2020), Tessier Family Foundation Inc reported a deficit of $6K, with expenses exceeding revenue. The organization holds $1 in liabilities against $1.3M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $1.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2020 | $72K | $78K | $1.3M | $1 | — | — |
| 2019 | $52K | $80K | $1.3M | $1 | — | View 990 |
| 2015 | $46K | $77K | $1.2M | $1 | — | View 990 |
| 2014 | $89K | $76K | $1.2M | $1 | — | View 990 |
| 2013 | $86K | $73K | $1.2M | $1 | — | View 990 |
| 2012 | $67K | $64K | $1.2M | $1 | — | View 990 |
| 2011 | $45K | $68K | $1.2M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2020: Revenue of $72K, expenses of $78K, and assets of $1.3M (revenue +38.3% year-over-year).
- 2019: Revenue of $52K, expenses of $80K, and assets of $1.3M (revenue +12.9% year-over-year).
- 2015: Revenue of $46K, expenses of $77K, and assets of $1.2M (revenue -48.2% year-over-year).
- 2014: Revenue of $89K, expenses of $76K, and assets of $1.2M (revenue +4.7% year-over-year).
- 2013: Revenue of $86K, expenses of $73K, and assets of $1.2M (revenue +28.3% year-over-year).
- 2012: Revenue of $67K, expenses of $64K, and assets of $1.2M (revenue +46.6% year-over-year).
- 2011: Revenue of $45K, expenses of $68K, and assets of $1.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Tessier Family Foundation Inc:
Data Sources and Methodology
This transparency report for Tessier Family 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.