The Teagle Foundation Incorporated
The Teagle Foundation maintains substantial assets and stable expenses with no reported officer compensation.
EIN: 201370387 · New York, NY · NTEE: B82 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $121.4M |
| Total Expenses | $11.6M |
| Program Spending | 90% |
| Net Assets | $151.4M |
| Transparency Score | 92/100 |
Is The Teagle Foundation Incorporated Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
The Teagle Foundation Incorporated directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About The Teagle Foundation Incorporated
The Teagle Foundation Incorporated (EIN: 201370387) is a nonprofit organization based in New York, NY, classified under NTEE code B82. The organization reported total revenue of $121.4M and total assets of $169.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Teagle Foundation Incorporated's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The Teagle Foundation Incorporated is a major nonprofit that has been operating for 22 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -12.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $5.3M |
| Total Expenses | $11.6M |
| Surplus / Deficit | $-6,310,871 |
| Total Assets | $157.5M |
| Total Liabilities | $6.1M |
| Net Assets | $151.4M |
| Operating Margin | -120.1% |
| Debt-to-Asset Ratio | 3.8% |
| Months of Reserves | 163.4 months |
Financial Health Grade: B
In 2023, The Teagle Foundation Incorporated reported a deficit of $6.3M with expenses exceeding revenue, holds 163.4 months of operating reserves (strong position), has a debt-to-asset ratio of 3.8% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), The Teagle Foundation Incorporated's revenue has declined at a compound annual growth rate (CAGR) of -12.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -66.3% | +3.5% | +5.9% |
| 2022 | +23.3% | +18.9% | -13.7% |
| 2021 | +135.4% | +12.5% | +26.5% |
| 2020 | -37.5% | -11.0% | -3.5% |
| 2019 | -32.5% | -1.8% | -4.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2004 |
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 Teagle Foundation Incorporated with a Mission Score of 92 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, The Teagle Foundation Incorporated 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $6.3M, with expenses exceeding revenue.
- Debt-to-asset ratio: 3.8%.
Executive Compensation Analysis
The Teagle Foundation consistently reports 0% officer compensation across all available filings, indicating that executive leadership is either unpaid or compensated through non-officer channels, which is highly favorable for resource allocation to its mission.
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 The Teagle Foundation Incorporated:
- Consistent 0% officer compensation reported, indicating high efficiency in leadership costs.
- Substantial and stable asset base (e.g., $169,874,160 latest assets) providing long-term financial security.
- Manageable liabilities relative to assets, demonstrating sound financial management.
- Stable expense levels (generally $8M-$11M annually) despite revenue fluctuations, suggesting predictable operations.
Frequently Asked Questions about The Teagle Foundation Incorporated
Is The Teagle Foundation Incorporated a legitimate charity?
The Teagle Foundation Incorporated (EIN: 201370387) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 92/100. It has 10 years of IRS 990 filings on record. Total revenue: $121.4M. No red flags identified. 4 strengths noted. Financial health grade: B.
How does The Teagle Foundation Incorporated spend its money?
The Teagle Foundation Incorporated directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to The Teagle Foundation Incorporated tax-deductible?
The Teagle Foundation Incorporated is registered as a tax-exempt nonprofit (EIN: 201370387). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does The Teagle Foundation Incorporated compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), The Teagle Foundation Incorporated is above average for NTEE category B82 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is The Teagle Foundation Incorporated located?
The Teagle Foundation Incorporated is headquartered in New York, New York and files with the IRS under EIN 201370387. It is classified under NTEE code B82.
How many years of IRS 990 filings does The Teagle Foundation Incorporated have?
The Teagle Foundation Incorporated 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 $121.4M in total revenue.
Is The Teagle Foundation Incorporated a good charity?
Based on the provided IRS 990 data, The Teagle Foundation appears to be a well-managed and efficient foundation. It maintains substantial assets (latest reported at $169,874,160), has stable expenses, and notably reports 0% officer compensation, suggesting a strong commitment to directing resources towards its mission.
How does The Teagle Foundation manage its executive compensation?
The Teagle Foundation consistently reports 0% officer compensation in its IRS 990 filings. This indicates that no compensation is paid to officers, or it is categorized differently, which is a strong positive for financial efficiency and transparency.
What is the financial stability of The Teagle Foundation?
The Teagle Foundation demonstrates strong financial stability, consistently holding significant assets (e.g., $157,504,856 in 202306) relative to its liabilities (e.g., $6,062,262 in 202306). While revenue fluctuates, this is common for foundations and does not indicate instability given its robust asset base.
Filing History
IRS 990 filing history for The Teagle Foundation Incorporated showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), The Teagle Foundation Incorporated's revenue has declined by 79.8%, moving from $26.0M to $5.3M. Total assets increased by 7.3% over the same period, from $146.8M to $157.5M. Total functional expenses rose by 19.1%, from $9.7M to $11.6M. In its most recent filing year (2023), The Teagle Foundation Incorporated reported a deficit of $6.3M, with expenses exceeding revenue. The organization holds $6.1M in liabilities against $157.5M in assets (debt-to-asset ratio: 3.8%), resulting in net assets of $151.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $5.3M | $11.6M | $157.5M | $6.1M | — | — |
| 2022 | $15.6M | $11.2M | $148.8M | $5.2M | — | View 990 |
| 2021 | $12.7M | $9.4M | $172.4M | $4.3M | — | View 990 |
| 2020 | $5.4M | $8.4M | $136.2M | $3.5M | — | View 990 |
| 2019 | $8.6M | $9.4M | $141.2M | $3.9M | — | View 990 |
| 2015 | $12.7M | $9.6M | $148.2M | $5.3M | — | View 990 |
| 2014 | $14.2M | $9.2M | $158.7M | $4.5M | — | View 990 |
| 2013 | $10.0M | $7.4M | $146.3M | $4.6M | — | View 990 |
| 2012 | $1.3M | $10.5M | $141.1M | $6.6M | — | View 990 |
| 2011 | $26.0M | $9.7M | $146.8M | $716K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $5.3M, expenses of $11.6M, and assets of $157.5M (revenue -66.3% year-over-year).
- 2022: Revenue of $15.6M, expenses of $11.2M, and assets of $148.8M (revenue +23.3% year-over-year).
- 2021: Revenue of $12.7M, expenses of $9.4M, and assets of $172.4M (revenue +135.4% year-over-year).
- 2020: Revenue of $5.4M, expenses of $8.4M, and assets of $136.2M (revenue -37.5% year-over-year).
- 2019: Revenue of $8.6M, expenses of $9.4M, and assets of $141.2M (revenue -32.5% year-over-year).
- 2015: Revenue of $12.7M, expenses of $9.6M, and assets of $148.2M (revenue -10.6% year-over-year).
- 2014: Revenue of $14.2M, expenses of $9.2M, and assets of $158.7M (revenue +42.1% year-over-year).
- 2013: Revenue of $10.0M, expenses of $7.4M, and assets of $146.3M (revenue +662.6% year-over-year).
- 2012: Revenue of $1.3M, expenses of $10.5M, and assets of $141.1M (revenue -94.9% year-over-year).
- 2011: Revenue of $26.0M, expenses of $9.7M, and assets of $146.8M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The Teagle Foundation Incorporated:
Data Sources and Methodology
This transparency report for The Teagle Foundation Incorporated 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.