Tlc Foundation
EIN: 731402173 · Oklahoma City, OK · NTEE: Z99Z
| Metric | Value |
|---|---|
| Total Revenue | $634K |
| Total Expenses | $725K |
| Net Assets | $11K |
Is Tlc Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Tlc Foundation
Tlc Foundation (EIN: 731402173) is a nonprofit organization based in Oklahoma City, OK, classified under NTEE code Z99Z. The organization reported total revenue of $634K and total assets of $32K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Tlc Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Tlc Foundation is a small nonprofit that has been operating for 33 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 0.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $634K |
| Total Expenses | $725K |
| Surplus / Deficit | $-90,757 |
| Total Assets | $32K |
| Total Liabilities | $21K |
| Net Assets | $11K |
| Operating Margin | -14.3% |
| Debt-to-Asset Ratio | 65.9% |
| Months of Reserves | 0.5 months |
Financial Health Grade: D
In 2023, Tlc Foundation reported a deficit of $91K with expenses exceeding revenue, holds 0.5 months of operating reserves (limited), has a debt-to-asset ratio of 65.9% (high leverage).
Financial Trends
Over 14 years of filings (2010–2023), Tlc Foundation's revenue has grown at a compound annual growth rate (CAGR) of 0.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +11.5% | +45.2% | -66.4% |
| 2022 | +32.5% | +18.5% | +540.8% |
| 2021 | -2.9% | -3.4% | +110.3% |
| 2020 | +2.1% | +4.0% | +55.2% |
| 2019 | -4.8% | -11.4% | +347.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1993 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Tlc Foundation 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 Tlc Foundation 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $91K, with expenses exceeding revenue.
- Debt-to-asset ratio: 65.9%.
Frequently Asked Questions about Tlc Foundation
Is Tlc Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Tlc Foundation (EIN: 731402173) insufficient data. 0 red flags identified, 0 strengths noted.
How does Tlc Foundation spend its money?
Detailed spending breakdown data is not yet available for Tlc Foundation. Check back for updated IRS 990 analysis.
Are donations to Tlc Foundation tax-deductible?
Tlc Foundation is registered as a tax-exempt nonprofit (EIN: 731402173). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Tlc Foundation located?
Tlc Foundation is headquartered in Oklahoma City, Oklahoma and files with the IRS under EIN 731402173. It is classified under NTEE code Z99Z.
How many years of IRS 990 filings does Tlc Foundation have?
Tlc Foundation has 14 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 $634K in total revenue.
Filing History
IRS 990 filing history for Tlc Foundation showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Tlc Foundation's revenue has grown by 9%, moving from $582K to $634K. Total assets increased by 59.6% over the same period, from $20K to $32K. Total functional expenses rose by 18.1%, from $614K to $725K. In its most recent filing year (2023), Tlc Foundation reported a deficit of $91K, with expenses exceeding revenue. The organization holds $21K in liabilities against $32K in assets (debt-to-asset ratio: 65.9%), resulting in net assets of $11K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $634K | $725K | $32K | $21K | — | — |
| 2022 | $568K | $499K | $95K | $12K | — | View 990 |
| 2021 | $429K | $421K | $15K | $0 | — | View 990 |
| 2020 | $442K | $436K | $7K | $405 | — | View 990 |
| 2019 | $432K | $419K | $5K | $3K | — | View 990 |
| 2018 | $454K | $473K | $1K | $13K | — | View 990 |
| 2017 | $547K | $538K | $23K | $17K | — | View 990 |
| 2016 | $459K | $458K | $34K | $37K | — | View 990 |
| 2015 | $600K | $575K | $45K | $33K | — | View 990 |
| 2014 | $560K | $557K | $41K | $54K | — | View 990 |
| 2013 | $556K | $559K | $35K | $50K | — | View 990 |
| 2012 | $547K | $594K | $25K | $38K | — | View 990 |
| 2011 | $452K | $452K | $34K | $22K | — | View 990 |
| 2010 | $582K | $614K | $20K | $9K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $634K, expenses of $725K, and assets of $32K (revenue +11.5% year-over-year).
- 2022: Revenue of $568K, expenses of $499K, and assets of $95K (revenue +32.5% year-over-year).
- 2021: Revenue of $429K, expenses of $421K, and assets of $15K (revenue -2.9% year-over-year).
- 2020: Revenue of $442K, expenses of $436K, and assets of $7K (revenue +2.1% year-over-year).
- 2019: Revenue of $432K, expenses of $419K, and assets of $5K (revenue -4.8% year-over-year).
- 2018: Revenue of $454K, expenses of $473K, and assets of $1K (revenue -17.0% year-over-year).
- 2017: Revenue of $547K, expenses of $538K, and assets of $23K (revenue +19.2% year-over-year).
- 2016: Revenue of $459K, expenses of $458K, and assets of $34K (revenue -23.4% year-over-year).
- 2015: Revenue of $600K, expenses of $575K, and assets of $45K (revenue +7.2% year-over-year).
- 2014: Revenue of $560K, expenses of $557K, and assets of $41K (revenue +0.6% year-over-year).
- 2013: Revenue of $556K, expenses of $559K, and assets of $35K (revenue +1.6% year-over-year).
- 2012: Revenue of $547K, expenses of $594K, and assets of $25K (revenue +21.1% year-over-year).
- 2011: Revenue of $452K, expenses of $452K, and assets of $34K (revenue -22.3% year-over-year).
- 2010: Revenue of $582K, expenses of $614K, and assets of $20K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Tlc Foundation:
Data Sources and Methodology
This transparency report for Tlc Foundation 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.