Therese And Tim Fitzgibbonsfoundation
Therese And Tim Fitzgibbonsfoundation maintains stable assets and zero officer compensation while increasing expenses.
EIN: 208075493 · Omaha, NE · NTEE: T20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $170K |
| Total Expenses | $69K |
| Program Spending | 90% |
| Net Assets | $696K |
| Transparency Score | 85/100 |
Is Therese And Tim Fitzgibbonsfoundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Therese And Tim Fitzgibbonsfoundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Therese And Tim Fitzgibbonsfoundation
Therese And Tim Fitzgibbonsfoundation (EIN: 208075493) is a nonprofit organization based in Omaha, NE, classified under NTEE code T20. The organization reported total revenue of $170K and total assets of $715K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Therese And Tim Fitzgibbonsfoundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Therese And Tim Fitzgibbonsfoundation is a small nonprofit that has been operating for 19 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 19.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $47K |
| Total Expenses | $69K |
| Surplus / Deficit | $-22,664 |
| Total Assets | $696K |
| Total Liabilities | $1 |
| Net Assets | $696K |
| Operating Margin | -48.7% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 120.7 months |
Financial Health Grade: B
In 2023, Therese And Tim Fitzgibbonsfoundation reported a deficit of $23K with expenses exceeding revenue, holds 120.7 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), Therese And Tim Fitzgibbonsfoundation's revenue has grown at a compound annual growth rate (CAGR) of 19.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -3.6% | +5.2% | -3.2% |
| 2022 | -63.4% | +3.1% | -2.4% |
| 2021 | +256.9% | +2.6% | +3.4% |
| 2020 | -70.4% | +5.3% | -3.4% |
| 2019 | +14.6% | +63.3% | +23.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
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 Therese And Tim Fitzgibbonsfoundation 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: 90%
- fundraising: 0%
According to IRS 990 filings, Therese And Tim Fitzgibbonsfoundation 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 $23K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no funds are used for executive salaries, which is highly efficient for a foundation of this size.
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 Therese And Tim Fitzgibbonsfoundation's IRS 990 filings:
- Expenses exceeded revenue in recent years (e.g., 2023: $46,546 revenue vs. $69,210 expenses), indicating reliance on asset drawdowns.
Strengths
The following positive indicators were identified for Therese And Tim Fitzgibbonsfoundation:
- Consistent 0% officer compensation, indicating high efficiency in directing funds to mission.
- Stable asset base ($714,979) with minimal liabilities ($1), demonstrating strong financial health.
- Consistent IRS 990 filing history over a decade, indicating good transparency and compliance.
- NTEE code T20 (Private Grantmaking Foundations) aligns with its operational model of managing an endowment for charitable giving.
Frequently Asked Questions about Therese And Tim Fitzgibbonsfoundation
Is Therese And Tim Fitzgibbonsfoundation a legitimate charity?
Therese And Tim Fitzgibbonsfoundation (EIN: 208075493) is a registered tax-exempt nonprofit based in Nebraska. Our AI analysis gives it a Mission Score of 85/100. It has 10 years of IRS 990 filings on record. Total revenue: $170K. 1 red flag identified. 4 strengths noted. Financial health grade: B.
How does Therese And Tim Fitzgibbonsfoundation spend its money?
Therese And Tim Fitzgibbonsfoundation directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Therese And Tim Fitzgibbonsfoundation tax-deductible?
Therese And Tim Fitzgibbonsfoundation is registered as a tax-exempt nonprofit (EIN: 208075493). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Therese And Tim Fitzgibbonsfoundation compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Therese And Tim Fitzgibbonsfoundation 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 Therese And Tim Fitzgibbonsfoundation located?
Therese And Tim Fitzgibbonsfoundation is headquartered in Omaha, Nebraska and files with the IRS under EIN 208075493. It is classified under NTEE code T20.
How many years of IRS 990 filings does Therese And Tim Fitzgibbonsfoundation have?
Therese And Tim Fitzgibbonsfoundation 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 $170K in total revenue.
Is Therese And Tim Fitzgibbonsfoundation a good charity?
Based on the available IRS 990 data, the foundation appears to be well-managed with stable assets and no officer compensation, suggesting that its funds are directed towards its charitable purpose. Its consistent financial filings and minimal liabilities are positive indicators.
How does the foundation manage its expenses?
The foundation's expenses have generally increased over the past decade, from $22,172 in 2011 to $69,210 in 2023. However, it consistently reports 0% officer compensation, implying that expenses are primarily for program-related grants and essential administrative functions.
What is the financial trend of the foundation?
The foundation has maintained a stable asset base, currently at $714,979, with minimal liabilities. Revenue has fluctuated significantly year-to-year, but the foundation has consistently covered its expenses, though in some years like 2023 ($46,546 revenue vs. $69,210 expenses) it operated at a deficit, drawing from its endowment.
Filing History
IRS 990 filing history for Therese And Tim Fitzgibbonsfoundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Therese And Tim Fitzgibbonsfoundation's revenue has grown by 770.3%, moving from $5K to $47K. Total assets increased by 54% over the same period, from $452K to $696K. Total functional expenses rose by 212.2%, from $22K to $69K. In its most recent filing year (2023), Therese And Tim Fitzgibbonsfoundation reported a deficit of $23K, with expenses exceeding revenue. The organization holds $1 in liabilities against $696K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $696K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $47K | $69K | $696K | $1 | — | — |
| 2022 | $48K | $66K | $719K | $1 | — | View 990 |
| 2021 | $132K | $64K | $736K | $1 | — | — |
| 2020 | $37K | $62K | $712K | $1 | — | View 990 |
| 2019 | $125K | $59K | $738K | $1 | — | View 990 |
| 2015 | $109K | $36K | $598K | $1 | — | View 990 |
| 2014 | $157K | $37K | $565K | $1 | — | View 990 |
| 2013 | $61K | $22K | $506K | $1 | — | View 990 |
| 2012 | $50K | $20K | $482K | $1 | — | View 990 |
| 2011 | $5K | $22K | $452K | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $47K, expenses of $69K, and assets of $696K (revenue -3.6% year-over-year).
- 2022: Revenue of $48K, expenses of $66K, and assets of $719K (revenue -63.4% year-over-year).
- 2021: Revenue of $132K, expenses of $64K, and assets of $736K (revenue +256.9% year-over-year).
- 2020: Revenue of $37K, expenses of $62K, and assets of $712K (revenue -70.4% year-over-year).
- 2019: Revenue of $125K, expenses of $59K, and assets of $738K (revenue +14.6% year-over-year).
- 2015: Revenue of $109K, expenses of $36K, and assets of $598K (revenue -30.8% year-over-year).
- 2014: Revenue of $157K, expenses of $37K, and assets of $565K (revenue +159.5% year-over-year).
- 2013: Revenue of $61K, expenses of $22K, and assets of $506K (revenue +20.8% year-over-year).
- 2012: Revenue of $50K, expenses of $20K, and assets of $482K (revenue +838.0% year-over-year).
- 2011: Revenue of $5K, expenses of $22K, and assets of $452K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Therese And Tim Fitzgibbonsfoundation:
Data Sources and Methodology
This transparency report for Therese And Tim Fitzgibbonsfoundation 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.