Townsend Family Foundation
Townsend Family Foundation maintains strong assets and minimal liabilities with no reported officer compensation.
EIN: 133748079 · Albany, NY · NTEE: T31J · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $4.7M |
| Total Expenses | $2.7M |
| Program Spending | 90% |
| Net Assets | $3.7M |
| Transparency Score | 85/100 |
Is Townsend Family Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Townsend Family Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Townsend Family Foundation
Townsend Family Foundation (EIN: 133748079) is a nonprofit organization based in Albany, NY, classified under NTEE code T31J. The organization reported total revenue of $4.7M and total assets of $282K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Townsend Family Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Townsend Family Foundation is a mid-size nonprofit that has been operating for 32 years, with 10 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of 13.3%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.7M |
| Total Expenses | $2.7M |
| Surplus / Deficit | +$1.0M |
| Total Assets | $3.7M |
| Total Liabilities | $1 |
| Net Assets | $3.7M |
| Operating Margin | 27.7% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 16.5 months |
Financial Health Grade: A
In 2024, Townsend Family Foundation reported a surplus of $1.0M with revenue exceeding expenses, holds 16.5 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 (2012–2024), Townsend Family Foundation's revenue has grown at a compound annual growth rate (CAGR) of 13.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +162.5% | +29.8% | -0.7% |
| 2023 | -34.3% | +122.2% | -26.7% |
| 2022 | -73.5% | -65.4% | +12.1% |
| 2021 | +86.5% | +26.8% | +20.8% |
| 2020 | -15.7% | -24.1% | +14.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1994 |
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 Townsend Family Foundation 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, Townsend Family 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $1.0M, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that officers are either unpaid volunteers or compensated through mechanisms not categorized as officer compensation on the 990, which is highly favorable for resource allocation relative to the organization's size and revenue.
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 Townsend Family Foundation's IRS 990 filings:
- Lack of detailed program vs. admin vs. fundraising expense breakdown in provided data, making precise efficiency analysis challenging.
- Significant year-over-year revenue fluctuations (e.g., $8.1M in 2021 to $1.4M in 2023) could indicate reliance on unpredictable funding sources.
Strengths
The following positive indicators were identified for Townsend Family Foundation:
- Consistent reporting of 0% officer compensation, indicating high efficiency in leadership costs.
- Strong and stable asset base, consistently above $2 million, providing financial security.
- Minimal liabilities across all reporting periods, demonstrating excellent financial health and low debt.
- Long history of IRS 990 filings, indicating compliance and basic transparency.
- Expenses generally well below revenue, allowing for asset growth and sustainability.
Frequently Asked Questions about Townsend Family Foundation
Is Townsend Family Foundation a legitimate charity?
Townsend Family Foundation (EIN: 133748079) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 85/100. It has 10 years of IRS 990 filings on record. Total revenue: $4.7M. 2 red flags identified. 5 strengths noted. Financial health grade: A.
How does Townsend Family Foundation spend its money?
Townsend Family Foundation directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Townsend Family Foundation tax-deductible?
Townsend Family Foundation is registered as a tax-exempt nonprofit (EIN: 133748079). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Townsend Family Foundation compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Townsend Family Foundation is above average for NTEE category T31J nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Townsend Family Foundation located?
Townsend Family Foundation is headquartered in Albany, New York and files with the IRS under EIN 133748079. It is classified under NTEE code T31J.
How many years of IRS 990 filings does Townsend Family Foundation have?
Townsend Family Foundation 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 $4.7M in total revenue.
Is Townsend Family Foundation a good charity?
Based on the available financial data, the Townsend Family Foundation appears to be a financially sound organization with strong assets, minimal liabilities, and no reported officer compensation, suggesting efficient use of funds. However, without detailed program spending breakdowns, it's difficult to fully assess their direct impact.
How does the foundation manage its expenses relative to its income?
The foundation generally manages its expenses well below its revenue. For example, in 2024, expenses were $2,689,391 against revenue of $3,720,202, allowing for asset growth. There are instances, like 2023, where expenses ($2,071,998) exceeded revenue ($1,417,331), but this appears to be an exception, likely covered by prior year surpluses or asset drawdowns.
What is the trend in the foundation's assets?
The foundation's assets have shown consistent growth and stability over the years, generally ranging between $2 million and $5 million. They peaked at $5,068,348 in 2022 and were $3,688,001 in 2024, indicating a healthy financial reserve.
Does the foundation have significant debt?
No, the foundation consistently reports negligible liabilities, often just $1 across all available filings, indicating virtually no debt and strong financial solvency.
How transparent is the Townsend Family Foundation?
The foundation demonstrates basic financial transparency by consistently filing its IRS Form 990s for over a decade. However, without more detailed breakdowns of program, administrative, and fundraising expenses within the 990, a deeper level of operational transparency is not fully evident from the provided data.
Filing History
IRS 990 filing history for Townsend Family Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2012–2024), Townsend Family Foundation's revenue has grown by 346.9%, moving from $832K to $3.7M. Total assets increased by 34.4% over the same period, from $2.7M to $3.7M. Total functional expenses rose by 1422.1%, from $177K to $2.7M. In its most recent filing year (2024), Townsend Family Foundation reported a surplus of $1.0M, with revenue exceeding expenses. The organization holds $1 in liabilities against $3.7M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $3.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $3.7M | $2.7M | $3.7M | $1 | — | View 990 |
| 2023 | $1.4M | $2.1M | $3.7M | $1 | — | — |
| 2022 | $2.2M | $933K | $5.1M | $1 | — | View 990 |
| 2021 | $8.1M | $2.7M | $4.5M | $1 | — | — |
| 2020 | $4.4M | $2.1M | $3.7M | $1 | — | — |
| 2019 | $5.2M | $2.8M | $3.3M | $1 | — | — |
| 2015 | $4.6M | $813K | $3.7M | $0 | — | View 990 |
| 2014 | $473K | $885K | $2.2M | $0 | — | View 990 |
| 2013 | $179K | $763K | $2.6M | $0 | — | View 990 |
| 2012 | $832K | $177K | $2.7M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $3.7M, expenses of $2.7M, and assets of $3.7M (revenue +162.5% year-over-year).
- 2023: Revenue of $1.4M, expenses of $2.1M, and assets of $3.7M (revenue -34.3% year-over-year).
- 2022: Revenue of $2.2M, expenses of $933K, and assets of $5.1M (revenue -73.5% year-over-year).
- 2021: Revenue of $8.1M, expenses of $2.7M, and assets of $4.5M (revenue +86.5% year-over-year).
- 2020: Revenue of $4.4M, expenses of $2.1M, and assets of $3.7M (revenue -15.7% year-over-year).
- 2019: Revenue of $5.2M, expenses of $2.8M, and assets of $3.3M (revenue +12.6% year-over-year).
- 2015: Revenue of $4.6M, expenses of $813K, and assets of $3.7M (revenue +871.4% year-over-year).
- 2014: Revenue of $473K, expenses of $885K, and assets of $2.2M (revenue +163.8% year-over-year).
- 2013: Revenue of $179K, expenses of $763K, and assets of $2.6M (revenue -78.5% year-over-year).
- 2012: Revenue of $832K, expenses of $177K, and assets of $2.7M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Townsend Family Foundation:
Data Sources and Methodology
This transparency report for Townsend Family 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.