The Emily Hall Tremaine Foundation Inc
The Emily Hall Tremaine Foundation: Strong Asset Base, Inconsistent Revenue
EIN: 222533743 · Tolland, CT · Updated: 2026-04-04
Is The Emily Hall Tremaine Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
The Emily Hall Tremaine Foundation Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About The Emily Hall Tremaine Foundation Inc
The Emily Hall Tremaine Foundation Inc (EIN: 222533743) is a nonprofit organization based in Tolland, CT. The organization reported total revenue of $551K and total assets of $78.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Emily Hall Tremaine Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The Emily Hall Tremaine Foundation Inc is a small nonprofit that has been operating for 41 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 2.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $5.5M |
| Total Expenses | $5.0M |
| Surplus / Deficit | +$503K |
| Total Assets | $69.1M |
| Total Liabilities | $1 |
| Net Assets | $69.1M |
| Operating Margin | 9.2% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 167.5 months |
Financial Health Grade: A
In 2023, The Emily Hall Tremaine Foundation Inc reported a surplus of $503K with revenue exceeding expenses, holds 167.5 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), The Emily Hall Tremaine Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 2.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +378.0% | -8.6% | +0.7% |
| 2022 | -83.4% | +7.8% | -5.9% |
| 2021 | +131.9% | +9.0% | +2.6% |
| 2020 | +9.3% | -2.1% | -2.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1985 |
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 The Emily Hall Tremaine 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: 10%
- programs: 80%
- fundraising: 10%
According to IRS 990 filings, The Emily Hall Tremaine Foundation Inc allocates its expenses as follows: admin: 10%, programs: 80%, fundraising: 10%. 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 $503K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% in the provided filings, which is unusual for an organization managing assets of nearly $70 million and suggests compensation may be reported under different categories or through related entities.
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 The Emily Hall Tremaine Foundation Inc's IRS 990 filings:
- Consistent reporting of 0% compensation for highest paid employees across multiple years (e.g., 2023, 2022, 2021) raises questions about how executive compensation is structured or disclosed.
- Significant fluctuations in revenue, from a high of $16,569,319 in 2014 to a low of -$160,055 in 2015, indicate an unpredictable funding model or reliance on volatile investment returns.
Strengths
The following positive indicators were identified for The Emily Hall Tremaine Foundation Inc:
- Maintains a substantial asset base, consistently above $68 million, providing long-term financial stability.
- Low to zero reported liabilities across most years, indicating a healthy balance sheet.
- Demonstrates a commitment to its mission through consistent expenditures, even during periods of negative revenue.
Frequently Asked Questions about The Emily Hall Tremaine Foundation Inc
Is The Emily Hall Tremaine Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, The Emily Hall Tremaine Foundation Inc (EIN: 222533743) some concerns. Mission Score: 85/100. 2 red flags identified, 3 strengths noted.
How does The Emily Hall Tremaine Foundation Inc spend its money?
The Emily Hall Tremaine Foundation Inc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to The Emily Hall Tremaine Foundation Inc tax-deductible?
The Emily Hall Tremaine Foundation Inc is registered as a tax-exempt nonprofit (EIN: 222533743). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What does The Emily Hall Tremaine Foundation Inc do?
The Emily Hall Tremaine Foundation Inc is a nonprofit organization in the Unknown sector, located in Tolland, Connecticut. It is classified under NTEE code Unknown.
How much revenue does The Emily Hall Tremaine Foundation Inc have?
The Emily Hall Tremaine Foundation Inc reported total revenue of $550,777. Based on 10 IRS 990 filings on record.
What are The Emily Hall Tremaine Foundation Inc's total assets?
The Emily Hall Tremaine Foundation Inc holds total assets of $78,764,935 as reported in IRS 990 filings.
Where is The Emily Hall Tremaine Foundation Inc located?
The Emily Hall Tremaine Foundation Inc is based in Tolland, Connecticut.
What is The Emily Hall Tremaine Foundation Inc's EIN?
The Emily Hall Tremaine Foundation Inc's Employer Identification Number (EIN) is 222533743. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is The Emily Hall Tremaine Foundation Inc?
The Emily Hall Tremaine Foundation Inc is classified under NTEE code Unknown (Unknown).
Is The Emily Hall Tremaine Foundation Inc a registered 501(c)(3)?
The Emily Hall Tremaine Foundation Inc appears in IRS records (EIN: 222533743). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does The Emily Hall Tremaine Foundation Inc file IRS Form 990?
Yes, The Emily Hall Tremaine Foundation Inc has 10 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was The Emily Hall Tremaine Foundation Inc's revenue in 2023?
In the 202312 filing period, The Emily Hall Tremaine Foundation Inc reported total revenue of $5,453,131, total expenses of $4,950,102, and net assets of $69,108,188.
Is The Emily Hall Tremaine Foundation Inc's revenue growing or declining?
The Emily Hall Tremaine Foundation Inc's revenue is growing. Revenue went from $1,140,814 (202212) to $5,453,131 (202312), a +378.0% change. Based on 10 filings on record.
What is The Emily Hall Tremaine Foundation Inc's most recent 990 filing?
The most recent IRS Form 990 filing for The Emily Hall Tremaine Foundation Inc covers tax period 202312. It shows revenue of $5,453,131, expenses of $4,950,102, total assets of $69,108,188, and liabilities of $1.
How much does The Emily Hall Tremaine Foundation Inc spend on programs vs administration?
Based on IRS 990 analysis, The Emily Hall Tremaine Foundation Inc allocates approximately 80% of expenses to program services, 10% to administrative costs, and 10% to fundraising. This indicates strong program focus.
Is The Emily Hall Tremaine Foundation Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, The Emily Hall Tremaine Foundation Inc appears trustworthy. Mission Score: 85/100 (Excellent). 2 red flags identified. 3 strengths noted.
What are the red flags for The Emily Hall Tremaine Foundation Inc?
The following concerns were identified: Consistent reporting of 0% compensation for highest paid employees across multiple years (e.g., 2023, 2022, 2021) raises questions about how executive compensation is structured or disclosed.. Significant fluctuations in revenue, from a high of $16,569,319 in 2014 to a low of -$160,055 in 2015, indicate an unpredictable funding model or reliance on volatile investment returns.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are The Emily Hall Tremaine Foundation Inc's strengths?
Positive indicators for The Emily Hall Tremaine Foundation Inc include: Maintains a substantial asset base, consistently above $68 million, providing long-term financial stability.. Low to zero reported liabilities across most years, indicating a healthy balance sheet.. Demonstrates a commitment to its mission through consistent expenditures, even during periods of negative revenue.. These findings are derived from AI analysis of the organization's financial filings.
How does The Emily Hall Tremaine Foundation Inc compensate executives?
Executive compensation is consistently reported as 0% in the provided filings, which is unusual for an organization managing assets of nearly $70 million and suggests compensation may be reported under different categories or through related entities. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the consistent reporting of 0% compensation for the highest-paid employees, how does the foundation attract and retain leadership, and where is executive compensation truly accounted for in its financial statements?
The consistent 0% compensation reporting suggests that executive compensation might be paid through a related management entity, covered by a different reporting structure, or that key personnel are compensated in non-traditional ways not captured in this specific metric. Further investigation into their full IRS Form 990 filings would be necessary to understand the complete compensation picture.
What factors contribute to the significant volatility in the foundation's reported revenue, such as the swing from $16,569,319 in 2014 to -$160,055 in 2015, and how does this impact their operational planning?
Such extreme revenue fluctuations often point to a heavy reliance on investment returns, which can be highly volatile year-to-year, or significant one-time grants/donations that are not recurring. This volatility likely necessitates a conservative budgeting approach and a strong endowment to ensure consistent program funding despite unpredictable income.
Filing History
IRS 990 filing history for The Emily Hall Tremaine Foundation Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), The Emily Hall Tremaine Foundation Inc's revenue has grown by 28.4%, moving from $4.2M to $5.5M. Total assets decreased by 11.1% over the same period, from $77.7M to $69.1M. Total functional expenses rose by 2%, from $4.9M to $5.0M. In its most recent filing year (2023), The Emily Hall Tremaine Foundation Inc reported a surplus of $503K, with revenue exceeding expenses. The organization holds $1 in liabilities against $69.1M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $69.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $5.5M | $5.0M | $69.1M | $1 | — | View 990 |
| 2022 | $1.1M | $5.4M | $68.6M | $1 | — | View 990 |
| 2021 | $6.9M | $5.0M | $72.9M | $59K | — | View 990 |
| 2020 | $3.0M | $4.6M | $71.1M | $1K | — | View 990 |
| 2019 | $2.7M | $4.7M | $72.7M | $1 | — | — |
| 2015 | $-160,055 | $4.5M | $81.4M | $0 | — | View 990 |
| 2014 | $16.6M | $4.6M | $86.0M | $18K | — | View 990 |
| 2013 | $3.2M | $4.8M | $74.0M | $268K | — | View 990 |
| 2012 | $2.4M | $4.5M | $75.6M | $61K | — | View 990 |
| 2011 | $4.2M | $4.9M | $77.7M | $4K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $5.5M, expenses of $5.0M, and assets of $69.1M (revenue +378.0% year-over-year).
- 2022: Revenue of $1.1M, expenses of $5.4M, and assets of $68.6M (revenue -83.4% year-over-year).
- 2021: Revenue of $6.9M, expenses of $5.0M, and assets of $72.9M (revenue +131.9% year-over-year).
- 2020: Revenue of $3.0M, expenses of $4.6M, and assets of $71.1M (revenue +9.3% year-over-year).
- 2019: Revenue of $2.7M, expenses of $4.7M, and assets of $72.7M.
- 2015: Revenue of $-160,055, expenses of $4.5M, and assets of $81.4M (revenue -101.0% year-over-year).
- 2014: Revenue of $16.6M, expenses of $4.6M, and assets of $86.0M (revenue +422.0% year-over-year).
- 2013: Revenue of $3.2M, expenses of $4.8M, and assets of $74.0M (revenue +30.1% year-over-year).
- 2012: Revenue of $2.4M, expenses of $4.5M, and assets of $75.6M (revenue -42.6% year-over-year).
- 2011: Revenue of $4.2M, expenses of $4.9M, and assets of $77.7M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The Emily Hall Tremaine Foundation Inc:
Data Sources and Methodology
This transparency report for The Emily Hall Tremaine 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.