Tillotson Menlo Charitablefoundation Inc

Tillotson Menlo Charitablefoundation Inc consistently maintains a multi-million dollar asset base with no officer compensation, frequently spending more than its annual revenue.

EIN: 203918578 · Menlo, GA · NTEE: T20 · Updated: 2026-03-28

$5.6MRevenue
$10.7MAssets
85/100Mission Score (Excellent)
T20
Tillotson Menlo Charitablefoundation Inc Financial Summary
MetricValue
Total Revenue$5.6M
Total Expenses$546K
Program Spending90%
Net Assets$10.3M
Transparency Score85/100

Is Tillotson Menlo Charitablefoundation 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 →

Tillotson Menlo Charitablefoundation Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Tillotson Menlo Charitablefoundation Inc

Tillotson Menlo Charitablefoundation Inc (EIN: 203918578) is a nonprofit organization based in Menlo, GA, classified under NTEE code T20. The organization reported total revenue of $5.6M and total assets of $10.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Tillotson Menlo Charitablefoundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

20Years Operating
Mid-SizeSize Classification
10Years of Filings
MixedRevenue Trajectory

Tillotson Menlo Charitablefoundation Inc is a mid-size nonprofit that has been operating for 20 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -1.0%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$325K
Total Expenses$546K
Surplus / Deficit$-220,727
Total Assets$10.3M
Total Liabilities$1
Net Assets$10.3M
Operating Margin-67.9%
Debt-to-Asset Ratio0.0%
Months of Reserves227.0 months

Financial Health Grade: B

In 2023, Tillotson Menlo Charitablefoundation Inc reported a deficit of $221K with expenses exceeding revenue, holds 227.0 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), Tillotson Menlo Charitablefoundation Inc's revenue has declined at a compound annual growth rate (CAGR) of -1.0%.

YearRevenue ChangeExpense ChangeAsset Change
2023-43.2%-7.7%+6.3%
2022-46.2%-6.5%-14.4%
2021+148.6%+24.0%+10.0%
2020-10.8%-5.3%+3.0%
2019-19.6%+10.4%+13.1%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date2006

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

AI Transparency Report

Tillotson Menlo Charitablefoundation Inc appears to be a well-established private foundation, as indicated by its consistent asset base hovering around $9-11 million over the past decade. The organization's revenue has fluctuated, with a notable peak of $1,064,464 in 2021, but generally ranges from $300,000 to $700,000 annually. In several recent periods, including 2023 and 2022, expenses have exceeded revenue, suggesting the foundation is drawing down on its endowment or prior year surpluses to fund its activities. For example, in 2023, expenses were $545,998 against revenues of $325,271. The foundation demonstrates strong financial transparency by consistently filing its IRS Form 990s. A key indicator of efficiency for a private foundation is its distribution of grants and charitable activities. Without a detailed breakdown of expenses into program, administrative, and fundraising categories from the provided data, it's challenging to precisely assess spending efficiency. However, the consistent asset base and low liabilities (often $1 or $0) suggest sound financial management and stability. The absence of officer compensation further indicates that the foundation's operational costs might be relatively low, or that its leadership is unpaid, which is a positive sign for donor confidence. Overall, Tillotson Menlo Charitablefoundation Inc exhibits characteristics of a stable and transparent private foundation. Its consistent asset base, minimal liabilities, and lack of officer compensation are positive indicators. Further analysis would require a detailed breakdown of expenses to fully evaluate its spending efficiency and program impact, but the available data points to a responsibly managed entity focused on its charitable mission.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Tillotson Menlo Charitablefoundation 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: 90%
  • fundraising: 0%

According to IRS 990 filings, Tillotson Menlo Charitablefoundation Inc 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:

$325KTotal Revenue
$546KTotal Expenses
$10.3MTotal Assets
$1Total Liabilities
$10.3MNet Assets
  • The organization reported a deficit of $221K, with expenses exceeding revenue.
  • Debt-to-asset ratio: 0.0%.

Executive Compensation Analysis

The organization reports 0% officer compensation across all available filings, indicating that its leadership is either unpaid or compensated through other means not categorized as officer compensation, which is a strong positive for donor trust and efficiency.

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 Tillotson Menlo Charitablefoundation Inc's IRS 990 filings:

  • Expenses frequently exceed revenue, indicating reliance on asset drawdowns or prior surpluses.
  • Lack of detailed expense breakdown (program vs. admin) in provided data makes efficiency assessment difficult.

Strengths

The following positive indicators were identified for Tillotson Menlo Charitablefoundation Inc:

  • Consistent multi-million dollar asset base ($10,701,259 latest) demonstrates financial stability.
  • Zero officer compensation reported across all filings, indicating efficient use of funds and potentially volunteer leadership.
  • Extremely low liabilities (often $1 or $0) suggest strong financial health and minimal debt.
  • Long history of IRS 990 filings (10 filings) indicates transparency and compliance.
  • Stable asset growth over the long term, from $8.7 million in 2011 to $10.7 million currently.

Frequently Asked Questions about Tillotson Menlo Charitablefoundation Inc

Is Tillotson Menlo Charitablefoundation Inc a legitimate charity?

Tillotson Menlo Charitablefoundation Inc (EIN: 203918578) is a registered tax-exempt nonprofit based in Georgia. Our AI analysis gives it a Mission Score of 85/100. It has 10 years of IRS 990 filings on record. Total revenue: $5.6M. 2 red flags identified. 5 strengths noted. Financial health grade: B.

How does Tillotson Menlo Charitablefoundation Inc spend its money?

Tillotson Menlo Charitablefoundation Inc directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.

Are donations to Tillotson Menlo Charitablefoundation Inc tax-deductible?

Tillotson Menlo Charitablefoundation Inc is registered as a tax-exempt nonprofit (EIN: 203918578). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

How does Tillotson Menlo Charitablefoundation Inc compare to similar nonprofits?

With a transparency score of 85/100 (Excellent), Tillotson Menlo Charitablefoundation Inc 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 Tillotson Menlo Charitablefoundation Inc located?

Tillotson Menlo Charitablefoundation Inc is headquartered in Menlo, Georgia and files with the IRS under EIN 203918578. It is classified under NTEE code T20.

How many years of IRS 990 filings does Tillotson Menlo Charitablefoundation Inc have?

Tillotson Menlo Charitablefoundation Inc 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 $5.6M in total revenue.

What are the specific program activities Tillotson Menlo Charitablefoundation Inc funds?

The provided data does not detail the specific program activities or grants made by Tillotson Menlo Charitablefoundation Inc. To understand its programmatic focus, one would need to review Schedule I (Grants and Other Assistance to Organizations, Governments, and Individuals in the United States) and Part III (Statement of Program Service Accomplishments) of its full IRS Form 990 filings.

Why do expenses frequently exceed revenue for this organization?

As a private foundation, it is common for expenses to exceed annual revenue, especially if the foundation is drawing from its endowment or accumulated assets to fulfill its charitable distribution requirements or to fund larger initiatives. This is not necessarily a red flag, but rather a characteristic of how many foundations operate, utilizing their principal to achieve their mission.

How does the organization manage its investment assets?

The provided data shows a consistent asset base of $9-11 million, suggesting active management of its investments. However, the specific investment strategies or performance are not detailed in this summary. Further information would be found in Part X (Balance Sheet) and Schedule D (Supplemental Financial Statements) of the full 990 forms.

Filing History

IRS 990 filing history for Tillotson Menlo Charitablefoundation Inc showing financial trends over 10 years of public records:

Over 10 years of IRS 990 filings (2011–2023), Tillotson Menlo Charitablefoundation Inc's revenue has declined by 11.8%, moving from $369K to $325K. Total assets increased by 17.6% over the same period, from $8.8M to $10.3M. Total functional expenses rose by 11.5%, from $489K to $546K. In its most recent filing year (2023), Tillotson Menlo Charitablefoundation Inc reported a deficit of $221K, with expenses exceeding revenue. The organization holds $1 in liabilities against $10.3M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $10.3M.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $325K $546K $10.3M $1
2022 $572K $591K $9.7M $249
2021 $1.1M $632K $11.3M $1 View 990
2020 $428K $510K $10.3M $1
2019 $480K $539K $10.0M $1 View 990
2015 $597K $488K $8.9M $1 View 990
2014 $739K $536K $10.4M $1 View 990
2013 $430K $500K $9.7M $1 View 990
2012 $327K $505K $9.2M $0 View 990
2011 $369K $489K $8.8M $0 View 990

Year-by-Year Financial Summary

  • 2023: Revenue of $325K, expenses of $546K, and assets of $10.3M (revenue -43.2% year-over-year).
  • 2022: Revenue of $572K, expenses of $591K, and assets of $9.7M (revenue -46.2% year-over-year).
  • 2021: Revenue of $1.1M, expenses of $632K, and assets of $11.3M (revenue +148.6% year-over-year).
  • 2020: Revenue of $428K, expenses of $510K, and assets of $10.3M (revenue -10.8% year-over-year).
  • 2019: Revenue of $480K, expenses of $539K, and assets of $10.0M (revenue -19.6% year-over-year).
  • 2015: Revenue of $597K, expenses of $488K, and assets of $8.9M (revenue -19.2% year-over-year).
  • 2014: Revenue of $739K, expenses of $536K, and assets of $10.4M (revenue +71.8% year-over-year).
  • 2013: Revenue of $430K, expenses of $500K, and assets of $9.7M (revenue +31.6% year-over-year).
  • 2012: Revenue of $327K, expenses of $505K, and assets of $9.2M (revenue -11.3% year-over-year).
  • 2011: Revenue of $369K, expenses of $489K, and assets of $8.8M.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Tillotson Menlo Charitablefoundation Inc:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for Tillotson Menlo Charitablefoundation 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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