The Tws Foundation C/O Thomas W Smith
The Tws Foundation shows inconsistent financial performance with recent filings indicating no revenue or assets.
EIN: 133258067 · Boca Raton, FL · Updated: 2026-03-28
Is The Tws Foundation C/O Thomas W Smith Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
The Tws Foundation C/O Thomas W Smith directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About The Tws Foundation C/O Thomas W Smith
The Tws Foundation C/O Thomas W Smith (EIN: 133258067) is a nonprofit organization based in Boca Raton, FL. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Tws Foundation C/O Thomas W Smith's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The Tws Foundation C/O Thomas W Smith is a mid-size nonprofit, with 4 years of IRS 990 filings on record (2011–2014). Revenue has grown at a compound annual rate of 79.4%.
Key Financial Metrics (2014)
From the most recent IRS 990 filing on record:
| Total Revenue | $8.2M |
| Total Expenses | $8.4M |
| Surplus / Deficit | $-109,165 |
| Total Assets | $5.9M |
| Total Liabilities | $10K |
| Net Assets | $5.9M |
| Operating Margin | -1.3% |
| Debt-to-Asset Ratio | 0.2% |
| Months of Reserves | 8.4 months |
Financial Health Grade: B
In 2014, The Tws Foundation C/O Thomas W Smith reported a deficit of $109K with expenses exceeding revenue, holds 8.4 months of operating reserves (strong position), has a debt-to-asset ratio of 0.2% (very low leverage).
Financial Trends
Over 4 years of filings (2011–2014), The Tws Foundation C/O Thomas W Smith's revenue has grown at a compound annual growth rate (CAGR) of 79.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2014 | +19.9% | +2.2% | -2.3% |
| 2013 | -5.8% | +38.9% | -12.3% |
| 2012 | +411.2% | +15.7% | +29.4% |
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates The Tws Foundation C/O Thomas W Smith with a Mission Score of 65 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 5%
- programs: 90%
- fundraising: 5%
According to IRS 990 filings, The Tws Foundation C/O Thomas W Smith allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2014)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $109K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.2%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no officer salaries were paid, which is highly favorable for a nonprofit of its size with multi-million dollar revenues in prior years.
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 Tws Foundation C/O Thomas W Smith's IRS 990 filings:
- Latest reported revenue and assets are $0, raising questions about current operational status.
- Inconsistent financial performance with significant deficits in some years (e.g., 2013 and 2014).
Strengths
The following positive indicators were identified for The Tws Foundation C/O Thomas W Smith:
- Consistent 0% officer compensation across all reported periods, indicating strong financial stewardship regarding executive pay.
- Low reported liabilities ($10,000 in multiple years) suggests good debt management.
Frequently Asked Questions about The Tws Foundation C/O Thomas W Smith
Is The Tws Foundation C/O Thomas W Smith a legitimate charity?
Based on AI analysis of IRS 990 filings, The Tws Foundation C/O Thomas W Smith (EIN: 133258067) some concerns. Mission Score: 65/100. 2 red flags identified, 2 strengths noted.
How does The Tws Foundation C/O Thomas W Smith spend its money?
The Tws Foundation C/O Thomas W Smith directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to The Tws Foundation C/O Thomas W Smith tax-deductible?
The Tws Foundation C/O Thomas W Smith is registered as a tax-exempt nonprofit (EIN: 133258067). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What is the reason for the reported $0 revenue and assets in the latest filing?
The latest data indicates $0 for both revenue and assets, which could suggest inactivity, a change in reporting, or a data gap. Further investigation into the most recent official filings would be necessary to understand this.
How does the organization manage its deficits, such as the $109,165 deficit in 2014?
The organization has experienced periods where expenses exceeded revenue, for example, by $109,165 in 2014 and over $1.2 million in 2013. These deficits would likely be covered by drawing down on existing assets or prior year surpluses, such as the $1.4 million surplus in 2012.
What are the specific programs funded by The Tws Foundation?
The provided data does not detail the specific programs or activities undertaken by The Tws Foundation. This information would typically be found in the full IRS 990 form's Part III, Statement of Program Service Accomplishments.
Filing History
IRS 990 filing history for The Tws Foundation C/O Thomas W Smith showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2011–2014), The Tws Foundation C/O Thomas W Smith's revenue has grown by 477.4%, moving from $1.4M to $8.2M. Total assets increased by 10.9% over the same period, from $5.3M to $5.9M. Total functional expenses rose by 64.2%, from $5.1M to $8.4M. In its most recent filing year (2014), The Tws Foundation C/O Thomas W Smith reported a deficit of $109K, with expenses exceeding revenue. The organization holds $10K in liabilities against $5.9M in assets (debt-to-asset ratio: 0.2%), resulting in net assets of $5.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2014 | $8.2M | $8.4M | $5.9M | $10K | — | View 990 |
| 2013 | $6.9M | $8.2M | $6.0M | $34K | — | View 990 |
| 2012 | $7.3M | $5.9M | $6.8M | $10K | — | View 990 |
| 2011 | $1.4M | $5.1M | $5.3M | $10K | — | View 990 |
Year-by-Year Financial Summary
- 2014: Revenue of $8.2M, expenses of $8.4M, and assets of $5.9M (revenue +19.9% year-over-year).
- 2013: Revenue of $6.9M, expenses of $8.2M, and assets of $6.0M (revenue -5.8% year-over-year).
- 2012: Revenue of $7.3M, expenses of $5.9M, and assets of $6.8M (revenue +411.2% year-over-year).
- 2011: Revenue of $1.4M, expenses of $5.1M, and assets of $5.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The Tws Foundation C/O Thomas W Smith:
Data Sources and Methodology
This transparency report for The Tws Foundation C/O Thomas W Smith 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.