Tipton School Foundation Inc
EIN: 311628477 · Tipton, IA · NTEE: B99
| Metric | Value |
|---|---|
| Total Revenue | $43K |
| Total Expenses | $32K |
| Net Assets | $411K |
Is Tipton School Foundation Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Tipton School Foundation Inc
Tipton School Foundation Inc (EIN: 311628477) is a nonprofit organization based in Tipton, IA, classified under NTEE code B99. The organization reported total revenue of $43K and total assets of $411K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Tipton School Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Tipton School Foundation Inc is a micro nonprofit that has been operating for 27 years, with 13 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of 1.6%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $43K |
| Total Expenses | $32K |
| Surplus / Deficit | +$11K |
| Total Assets | $411K |
| Net Assets | $411K |
| Operating Margin | 25.8% |
| Months of Reserves | 154.5 months |
Financial Health Grade: A
In 2024, Tipton School Foundation Inc reported a surplus of $11K with revenue exceeding expenses, holds 154.5 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2012–2024), Tipton School Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 1.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +96.4% | -2.2% | +2.8% |
| 2023 | -20.0% | -2.3% | -2.6% |
| 2022 | +16.1% | -55.0% | -1.4% |
| 2021 | +44.9% | -36.9% | -10.8% |
| 2020 | -24.3% | -67.7% | -17.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1999 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Tipton School Foundation Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Tipton School Foundation Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $11K, with revenue exceeding expenses.
Frequently Asked Questions about Tipton School Foundation Inc
Is Tipton School Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Tipton School Foundation Inc (EIN: 311628477) insufficient data. 0 red flags identified, 0 strengths noted.
How does Tipton School Foundation Inc spend its money?
Detailed spending breakdown data is not yet available for Tipton School Foundation Inc. Check back for updated IRS 990 analysis.
Are donations to Tipton School Foundation Inc tax-deductible?
Tipton School Foundation Inc is registered as a tax-exempt nonprofit (EIN: 311628477). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Tipton School Foundation Inc located?
Tipton School Foundation Inc is headquartered in Tipton, Iowa and files with the IRS under EIN 311628477. It is classified under NTEE code B99.
How many years of IRS 990 filings does Tipton School Foundation Inc have?
Tipton School Foundation Inc has 13 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 $43K in total revenue.
Filing History
IRS 990 filing history for Tipton School Foundation Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2024), Tipton School Foundation Inc's revenue has grown by 20.6%, moving from $36K to $43K. Total assets decreased by 19.4% over the same period, from $510K to $411K. Total functional expenses rose by 2140.4%, from $1K to $32K. In its most recent filing year (2024), Tipton School Foundation Inc reported a surplus of $11K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $43K | $32K | $411K | $0 | — | — |
| 2023 | $22K | $33K | $400K | $0 | — | View 990 |
| 2022 | $27K | $33K | $410K | $0 | — | View 990 |
| 2021 | $24K | $74K | $416K | $0 | — | — |
| 2020 | $16K | $118K | $467K | $0 | — | View 990 |
| 2019 | $21K | $364K | $568K | $0 | — | View 990 |
| 2018 | $152K | $26K | $911K | $0 | — | — |
| 2017 | $122K | $10K | $899K | $0 | — | View 990 |
| 2016 | $22K | $812 | $835K | $0 | — | View 990 |
| 2015 | $89K | $5K | $818K | $0 | — | View 990 |
| 2014 | $30K | $33K | $771K | $0 | — | View 990 |
| 2013 | $46K | $5K | $642K | $0 | — | View 990 |
| 2012 | $36K | $1K | $510K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $43K, expenses of $32K, and assets of $411K (revenue +96.4% year-over-year).
- 2023: Revenue of $22K, expenses of $33K, and assets of $400K (revenue -20.0% year-over-year).
- 2022: Revenue of $27K, expenses of $33K, and assets of $410K (revenue +16.1% year-over-year).
- 2021: Revenue of $24K, expenses of $74K, and assets of $416K (revenue +44.9% year-over-year).
- 2020: Revenue of $16K, expenses of $118K, and assets of $467K (revenue -24.3% year-over-year).
- 2019: Revenue of $21K, expenses of $364K, and assets of $568K (revenue -85.9% year-over-year).
- 2018: Revenue of $152K, expenses of $26K, and assets of $911K (revenue +24.4% year-over-year).
- 2017: Revenue of $122K, expenses of $10K, and assets of $899K (revenue +450.7% year-over-year).
- 2016: Revenue of $22K, expenses of $812, and assets of $835K (revenue -75.0% year-over-year).
- 2015: Revenue of $89K, expenses of $5K, and assets of $818K (revenue +191.8% year-over-year).
- 2014: Revenue of $30K, expenses of $33K, and assets of $771K (revenue -34.6% year-over-year).
- 2013: Revenue of $46K, expenses of $5K, and assets of $642K (revenue +30.4% year-over-year).
- 2012: Revenue of $36K, expenses of $1K, and assets of $510K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Tipton School Foundation Inc:
Data Sources and Methodology
This transparency report for Tipton School Foundation 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.