Tibetan Community Development Fund Inc

Tibetan Community Development Fund Inc. experiences sharp revenue decline in 2023 while maintaining substantial assets and zero executive compensation.

EIN: 134104757 · Washington, DC · NTEE: Q32 · Updated: 2026-03-28

$134KRevenue
$3.1MAssets
75/100Mission Score (Good)
Q32
Tibetan Community Development Fund Inc Financial Summary
MetricValue
Total Revenue$134K
Total Expenses$100K
Program Spending80%
Net Assets$2.2M
Transparency Score75/100

Is Tibetan Community Development Fund Inc Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
2 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Tibetan Community Development Fund Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Tibetan Community Development Fund Inc

Tibetan Community Development Fund Inc (EIN: 134104757) is a nonprofit organization based in Washington, DC, classified under NTEE code Q32. The organization reported total revenue of $134K and total assets of $3.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Tibetan Community Development Fund Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

26Years Operating
SmallSize Classification
9Years of Filings
MixedRevenue Trajectory

Tibetan Community Development Fund Inc is a small nonprofit that has been operating for 26 years, with 9 years of IRS 990 filings on record (2015–2023). Revenue has grown at a compound annual rate of -5.2%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$36K
Total Expenses$100K
Surplus / Deficit$-63,948
Total Assets$3.0M
Total Liabilities$785K
Net Assets$2.2M
Operating Margin-179.5%
Debt-to-Asset Ratio26.0%
Months of Reserves364.5 months

Financial Health Grade: B

In 2023, Tibetan Community Development Fund Inc reported a deficit of $64K with expenses exceeding revenue, holds 364.5 months of operating reserves (strong position), has a debt-to-asset ratio of 26.0% (moderate leverage).

Financial Trends

Over 9 years of filings (2015–2023), Tibetan Community Development Fund Inc's revenue has declined at a compound annual growth rate (CAGR) of -5.2%.

YearRevenue ChangeExpense ChangeAsset Change
2023-95.5%-29.4%-6.9%
2022-11.2%+31.0%-9.6%
2021+9.4%-42.6%+40.2%
2020+572.0%-19.6%-4.5%
2019-58.2%+8.2%-2.3%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date2000

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

The Tibetan Community Development Fund Inc. exhibits fluctuating financial health, with recent years showing significant swings in revenue. For instance, revenue dropped from $790,043 in 2022 to $35,635 in 2023, while expenses remained relatively stable at $99,583 in 2023. Despite these fluctuations, the organization maintains substantial assets, reported at $3,051,118 in the latest filing, which provides a buffer. The organization consistently reports 0% officer compensation, indicating a volunteer-led or very lean executive structure, which can be a positive sign for donor confidence regarding administrative overhead. Spending efficiency is difficult to fully assess without a detailed functional expense breakdown (program, administrative, fundraising) from the provided data. However, the consistent reporting of zero officer compensation suggests a commitment to minimizing executive overhead. The organization's assets significantly outweigh its liabilities in most years, though liabilities did reach $1,049,818 in 2021, which is a point to monitor. The large asset base relative to annual expenses suggests a focus on long-term stability or significant endowments. Transparency appears to be good given the consistent filing of IRS Form 990s over nine periods. The absence of officer compensation is a clear and transparent financial practice. However, without more granular expense data, it's challenging to fully evaluate how efficiently funds are allocated directly to program services versus other operational costs. The significant drop in revenue in 2023 compared to prior years warrants further investigation to understand its impact on program delivery.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Tibetan Community Development Fund Inc with a Mission Score of 75 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: 15%
  • programs: 80%
  • fundraising: 5%

According to IRS 990 filings, Tibetan Community Development Fund Inc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. 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:

$36KTotal Revenue
$100KTotal Expenses
$3.0MTotal Assets
$785KTotal Liabilities
$2.2MNet Assets
  • The organization reported a deficit of $64K, with expenses exceeding revenue.
  • Debt-to-asset ratio: 26.0%.

Executive Compensation Analysis

Executive compensation is consistently reported at 0% across all available filings, indicating that the organization's leadership is either entirely volunteer-based or compensated through non-officer roles, which is highly favorable for minimizing administrative costs.

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 Tibetan Community Development Fund Inc's IRS 990 filings:

  • Highly volatile revenue stream, with a significant drop from $790,043 in 2022 to $35,635 in 2023.
  • Fluctuating liabilities, reaching over $1.5 million in some years, which could indicate inconsistent financial management or large project-based debt.

Strengths

The following positive indicators were identified for Tibetan Community Development Fund Inc:

  • Consistent reporting of 0% officer compensation, indicating a strong commitment to minimizing executive overhead.
  • Maintains substantial assets ($3,051,118 in the latest filing), providing long-term financial stability.
  • Consistent IRS 990 filing history over nine periods, demonstrating transparency and compliance.

Frequently Asked Questions about Tibetan Community Development Fund Inc

Is Tibetan Community Development Fund Inc a legitimate charity?

Tibetan Community Development Fund Inc (EIN: 134104757) is a registered tax-exempt nonprofit based in Washington DC. Our AI analysis gives it a Mission Score of 75/100. It has 9 years of IRS 990 filings on record. Total revenue: $134K. 2 red flags identified. 3 strengths noted. Financial health grade: B.

How does Tibetan Community Development Fund Inc spend its money?

Tibetan Community Development Fund Inc directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.

Are donations to Tibetan Community Development Fund Inc tax-deductible?

Tibetan Community Development Fund Inc is registered as a tax-exempt nonprofit (EIN: 134104757). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

What percentage of Tibetan Community Development Fund Inc's spending goes to programs?

Tibetan Community Development Fund Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

How does Tibetan Community Development Fund Inc compare to similar nonprofits?

With a transparency score of 75/100 (Good), Tibetan Community Development Fund Inc is above average for NTEE category Q32 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is Tibetan Community Development Fund Inc located?

Tibetan Community Development Fund Inc is headquartered in Washington, Washington DC and files with the IRS under EIN 134104757. It is classified under NTEE code Q32.

How many years of IRS 990 filings does Tibetan Community Development Fund Inc have?

Tibetan Community Development Fund Inc has 9 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 $134K in total revenue.

Is Tibetan Community Development Fund Inc. financially stable?

While the organization has substantial assets ($3,051,118) that provide a strong financial cushion, its revenue has been highly volatile, dropping from $790,043 in 2022 to $35,635 in 2023. This volatility could pose challenges for consistent program planning and execution if not addressed.

How does the organization manage its liabilities?

Liabilities have fluctuated significantly, from a low of $55,555 in 2022 to a high of $1,556,111 in 2019. In the latest period (2023), liabilities were $784,917, which is manageable given its assets, but the historical variability suggests potential for large debt obligations.

What caused the significant revenue drop in 2023?

The provided data does not specify the cause. Revenue decreased from $790,043 in 2022 to $35,635 in 2023, a substantial decline that would warrant further inquiry into funding sources and fundraising strategies.

Filing History

IRS 990 filing history for Tibetan Community Development Fund Inc showing financial trends over 9 years of public records:

Over 9 years of IRS 990 filings (2015–2023), Tibetan Community Development Fund Inc's revenue has declined by 34.5%, moving from $54K to $36K. Total assets increased by 9.2% over the same period, from $2.8M to $3.0M. Total functional expenses fell by 31.6%, from $146K to $100K. In its most recent filing year (2023), Tibetan Community Development Fund Inc reported a deficit of $64K, with expenses exceeding revenue. The organization holds $785K in liabilities against $3.0M in assets (debt-to-asset ratio: 26.0%), resulting in net assets of $2.2M.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $36K $100K $3.0M $785K
2022 $790K $141K $3.2M $56K View 990
2021 $890K $108K $3.6M $1.0M View 990
2020 $813K $188K $2.6M $802K View 990
2019 $121K $233K $2.7M $1.6M View 990
2018 $289K $216K $2.7M $1.5M View 990
2017 $91K $134K $2.7M $1.5M View 990
2016 $173K $223K $2.7M $1.5M View 990
2015 $54K $146K $2.8M $1.5M View 990

Year-by-Year Financial Summary

  • 2023: Revenue of $36K, expenses of $100K, and assets of $3.0M (revenue -95.5% year-over-year).
  • 2022: Revenue of $790K, expenses of $141K, and assets of $3.2M (revenue -11.2% year-over-year).
  • 2021: Revenue of $890K, expenses of $108K, and assets of $3.6M (revenue +9.4% year-over-year).
  • 2020: Revenue of $813K, expenses of $188K, and assets of $2.6M (revenue +572.0% year-over-year).
  • 2019: Revenue of $121K, expenses of $233K, and assets of $2.7M (revenue -58.2% year-over-year).
  • 2018: Revenue of $289K, expenses of $216K, and assets of $2.7M (revenue +219.0% year-over-year).
  • 2017: Revenue of $91K, expenses of $134K, and assets of $2.7M (revenue -47.6% year-over-year).
  • 2016: Revenue of $173K, expenses of $223K, and assets of $2.7M (revenue +217.8% year-over-year).
  • 2015: Revenue of $54K, expenses of $146K, and assets of $2.8M.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Tibetan Community Development Fund Inc:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing

Data Sources and Methodology

This transparency report for Tibetan Community Development Fund 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.

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