Tonamora Foundation
Tonamora Foundation consistently operates at a deficit, drawing down assets despite no officer compensation.
EIN: 134014643 · Arlington, VT · NTEE: T20 · Updated: 2026-03-28
About Tonamora Foundation
Tonamora Foundation (EIN: 134014643) is a nonprofit organization based in Arlington, VT, classified under NTEE code T20. The organization reported total revenue of $1.1M and total assets of $1.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Tonamora Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Tonamora Foundation with a Mission Score of 55 out of 100 (Fair). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, Tonamora Foundation allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Executive Compensation Analysis
No officer compensation has been reported across all available filings, indicating a volunteer-led organization, which is positive for minimizing overhead related to executive salaries.
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 Tonamora Foundation's IRS 990 filings:
- Consistent operating deficits across multiple years (e.g., 2021 revenue $66,717 vs. expenses $145,604).
- Reliance on asset depletion to cover operational costs, indicating unsustainable financial model.
- Significant drop in assets from $1,413,219 in 2011 to $1,050,872 in 2021, despite some fluctuations.
Strengths
The following positive indicators were identified for Tonamora Foundation:
- No reported officer compensation, indicating a volunteer-driven leadership and efficient use of funds in this area.
- Maintains substantial assets ($1,407,944 most recently), providing a buffer despite operational deficits.
- Consistent filing of IRS 990 forms, indicating a commitment to transparency in reporting.
Frequently Asked Questions about Tonamora Foundation
How does Tonamora Foundation cover its consistent operating deficits?
The foundation appears to cover its consistent operating deficits by drawing down its existing assets. For example, in 2021, expenses of $145,604 significantly exceeded revenue of $66,717, leading to a reduction in assets from $1,145,044 in 2020 to $1,050,872 in 2021.
What is the long-term sustainability plan given the revenue-expense imbalance?
The consistent pattern of expenses exceeding revenue (e.g., $129,497 expenses vs. $33,301 revenue in 2020) suggests a need for a clear long-term sustainability plan, as relying on asset depletion is not sustainable indefinitely.
What are the primary program activities of the Tonamora Foundation?
Given the NTEE code T20 (Philanthropy, Voluntarism, and Grantmaking Foundations), the primary activities likely involve grantmaking or supporting other charitable organizations, though specific program details are not provided in the summary data.
Filing History
IRS 990 filing history for Tonamora Foundation showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2011–2021), Tonamora Foundation's revenue has declined by 50.2%, moving from $134K to $67K. Total assets decreased by 25.6% over the same period, from $1.4M to $1.1M. Total functional expenses rose by 14.8%, from $127K to $146K. In its most recent filing year (2021), Tonamora Foundation reported a deficit of $79K, with expenses exceeding revenue. The organization holds $1 in liabilities against $1.1M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $1.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2021 | $67K | $146K | $1.1M | $1 | — | — |
| 2020 | $33K | $129K | $1.1M | $1 | — | View 990 |
| 2016 | $111K | $127K | $1.3M | $0 | — | View 990 |
| 2015 | $210K | $129K | $1.3M | $0 | — | View 990 |
| 2014 | $80K | $120K | $1.3M | $0 | — | View 990 |
| 2013 | $60K | $95K | $1.3M | $0 | — | View 990 |
| 2012 | $6K | $89K | $1.3M | $0 | — | View 990 |
| 2011 | $134K | $127K | $1.4M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2021: Revenue of $67K, expenses of $146K, and assets of $1.1M (revenue +100.3% year-over-year).
- 2020: Revenue of $33K, expenses of $129K, and assets of $1.1M (revenue -70.0% year-over-year).
- 2016: Revenue of $111K, expenses of $127K, and assets of $1.3M (revenue -47.2% year-over-year).
- 2015: Revenue of $210K, expenses of $129K, and assets of $1.3M (revenue +162.8% year-over-year).
- 2014: Revenue of $80K, expenses of $120K, and assets of $1.3M (revenue +33.3% year-over-year).
- 2013: Revenue of $60K, expenses of $95K, and assets of $1.3M (revenue +907.6% year-over-year).
- 2012: Revenue of $6K, expenses of $89K, and assets of $1.3M (revenue -95.5% year-over-year).
- 2011: Revenue of $134K, expenses of $127K, and assets of $1.4M.
Data Sources and Methodology
This transparency report for Tonamora 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.