Tmg Foundation
Tmg Foundation maintains strong asset growth and zero executive compensation despite fluctuating revenues.
EIN: 10750822 · Gridley, IL · NTEE: T113 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $941K |
| Total Expenses | $654K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $10 |
| Net Assets | $9.1M |
| Transparency Score | 95/100 |
Is Tmg Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Tmg Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Tmg Foundation
Tmg Foundation (EIN: 10750822) is a nonprofit organization based in Gridley, IL, classified under NTEE code T113. The organization reported total revenue of $941K and total assets of $10.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Tmg Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Tmg Foundation is a small nonprofit that has been operating for 23 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 2.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $642K |
| Total Expenses | $654K |
| Surplus / Deficit | $-12,270 |
| Total Assets | $10.0M |
| Total Liabilities | $921K |
| Net Assets | $9.1M |
| Operating Margin | -1.9% |
| Debt-to-Asset Ratio | 9.2% |
| Months of Reserves | 183.1 months |
Financial Health Grade: B
In 2023, Tmg Foundation reported a deficit of $12K with expenses exceeding revenue, holds 183.1 months of operating reserves (strong position), has a debt-to-asset ratio of 9.2% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Tmg Foundation's revenue has grown at a compound annual growth rate (CAGR) of 2.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -55.8% | -41.7% | -0.6% |
| 2022 | -49.0% | +204.9% | +2.4% |
| 2021 | +16.1% | +142.2% | +24.5% |
| 2020 | +77.9% | -69.0% | +48.9% |
| 2019 | -44.6% | +45.3% | +40.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2003 |
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 Tmg Foundation with a Mission Score of 95 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, Tmg Foundation 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 $12K, with expenses exceeding revenue.
- Debt-to-asset ratio: 9.2%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no salaries are paid to officers, which is highly unusual for an organization of its size with nearly $10 million in assets.
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 Tmg Foundation's IRS 990 filings:
- Highly volatile annual revenue, making future income less predictable.
Strengths
The following positive indicators were identified for Tmg Foundation:
- Consistent asset growth, reaching nearly $10 million.
- Zero reported officer compensation across all filings, indicating efficient use of funds.
- Strong financial reserves relative to annual expenses.
- Extensive filing history (13 filings) demonstrating transparency.
Frequently Asked Questions about Tmg Foundation
Is Tmg Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Tmg Foundation (EIN: 10750822) some concerns. Mission Score: 95/100. 1 red flag identified, 4 strengths noted.
How does Tmg Foundation spend its money?
Tmg Foundation directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Tmg Foundation tax-deductible?
Tmg Foundation is registered as a tax-exempt nonprofit (EIN: 10750822). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Tmg Foundation CEO make?
Tmg Foundation's highest-compensated officer earns $10 annually. The organization reported $941K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
How does Tmg Foundation compare to similar nonprofits?
With a transparency score of 95/100 (Excellent), Tmg Foundation is above average for NTEE category T113 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Tmg Foundation located?
Tmg Foundation is headquartered in Gridley, Illinois and files with the IRS under EIN 10750822. It is classified under NTEE code T113.
How many years of IRS 990 filings does Tmg Foundation have?
Tmg Foundation 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 $941K in total revenue.
Is Tmg Foundation a good charity?
Based on the available data, Tmg Foundation appears to be a very good charity. It boasts substantial assets ($9,979,653), has a history of asset growth, and notably reports 0% officer compensation, suggesting a strong commitment to directing funds towards its mission rather than executive salaries.
How has Tmg Foundation's financial health changed over time?
Tmg Foundation's financial health has significantly improved over time, with assets growing from $1,995,768 in 2014 to nearly $10 million in 2023. While revenue has been volatile, the organization has consistently maintained and grown its asset base, indicating strong financial management and stability.
What is the trend in Tmg Foundation's revenue and expenses?
Revenue for Tmg Foundation has been highly variable, ranging from a low of $587,900 in 2017 to a high of $2,851,285 in 2021. Expenses have also fluctuated but generally remained well below peak revenues, with the exception of 2016 and 2015 where expenses ($987,607 and $971,776 respectively) exceeded revenues ($699,339 and $772,231 respectively).
Filing History
IRS 990 filing history for Tmg Foundation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Tmg Foundation's revenue has grown by 40.2%, moving from $458K to $642K. Total assets increased by 973.2% over the same period, from $930K to $10.0M. Total functional expenses rose by 5.9%, from $618K to $654K. In its most recent filing year (2023), Tmg Foundation reported a deficit of $12K, with expenses exceeding revenue. The organization holds $921K in liabilities against $10.0M in assets (debt-to-asset ratio: 9.2%), resulting in net assets of $9.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $642K | $654K | $10.0M | $921K | — | — |
| 2022 | $1.5M | $1.1M | $10.0M | $982K | — | View 990 |
| 2021 | $2.9M | $368K | $9.8M | $1.1M | — | View 990 |
| 2020 | $2.5M | $152K | $7.9M | $1.5M | — | View 990 |
| 2019 | $1.4M | $490K | $5.3M | $1.2M | — | View 990 |
| 2018 | $2.5M | $338K | $3.8M | $628K | — | View 990 |
| 2017 | $588K | $534K | $1.6M | $622K | — | View 990 |
| 2016 | $699K | $988K | $1.7M | $819K | — | View 990 |
| 2015 | $772K | $972K | $1.9M | $712K | — | View 990 |
| 2014 | $1.1M | $662K | $2.0M | $604K | — | View 990 |
| 2013 | $492K | $369K | $1.4M | $470K | — | View 990 |
| 2012 | $998K | $839K | $982K | $176K | — | View 990 |
| 2011 | $458K | $618K | $930K | $346K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $642K, expenses of $654K, and assets of $10.0M (revenue -55.8% year-over-year).
- 2022: Revenue of $1.5M, expenses of $1.1M, and assets of $10.0M (revenue -49.0% year-over-year).
- 2021: Revenue of $2.9M, expenses of $368K, and assets of $9.8M (revenue +16.1% year-over-year).
- 2020: Revenue of $2.5M, expenses of $152K, and assets of $7.9M (revenue +77.9% year-over-year).
- 2019: Revenue of $1.4M, expenses of $490K, and assets of $5.3M (revenue -44.6% year-over-year).
- 2018: Revenue of $2.5M, expenses of $338K, and assets of $3.8M (revenue +324.0% year-over-year).
- 2017: Revenue of $588K, expenses of $534K, and assets of $1.6M (revenue -15.9% year-over-year).
- 2016: Revenue of $699K, expenses of $988K, and assets of $1.7M (revenue -9.4% year-over-year).
- 2015: Revenue of $772K, expenses of $972K, and assets of $1.9M (revenue -27.9% year-over-year).
- 2014: Revenue of $1.1M, expenses of $662K, and assets of $2.0M (revenue +117.9% year-over-year).
- 2013: Revenue of $492K, expenses of $369K, and assets of $1.4M (revenue -50.7% year-over-year).
- 2012: Revenue of $998K, expenses of $839K, and assets of $982K (revenue +117.8% year-over-year).
- 2011: Revenue of $458K, expenses of $618K, and assets of $930K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Tmg Foundation:
Data Sources and Methodology
This transparency report for Tmg 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.