Townsend Foundation

Townsend Foundation shows highly volatile finances with recent surplus after years of inconsistent revenue and expenses.

EIN: 201030689 · Grove, OK · Updated: 2026-03-28

$110KRevenue

$25KAssets

65/100Mission Score (Good)

About Townsend Foundation

Townsend Foundation (EIN: 201030689) is a nonprofit organization based in Grove, OK. The organization reported total revenue of $110K and total assets of $25K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Townsend Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

The Townsend Foundation exhibits inconsistent financial activity over its filing history. While the latest period (202312) shows revenue of $120,030 exceeding expenses of $72,384, indicating a surplus, previous years have been highly volatile. For instance, in 202212, expenses ($132,050) significantly outstripped revenue ($51,097), leading to a substantial deficit. The organization's assets have also fluctuated wildly, from a high of $99,603 in 202112 to a low of $201 in 202012, and currently stand at $66,296. This volatility makes it challenging to assess long-term financial stability.

Spending efficiency is difficult to ascertain without a detailed breakdown of expenses, as the filings only provide total expenses. However, the absence of reported officer compensation across all filings suggests that administrative overhead related to executive salaries is minimal or non-existent, which can be a positive indicator for donor funds being directed towards programs. The organization's transparency is moderate, as it consistently files its IRS Form 990s, but the lack of detailed expense categories limits a deeper understanding of how funds are allocated.

Overall, the Townsend Foundation appears to be a small organization with highly variable financial performance. Its recent positive financial period is encouraging, but the historical data suggests a need for more consistent revenue generation and expense management to ensure sustainable operations. The lack of executive compensation is a notable positive for efficiency, assuming program delivery is effective.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Townsend Foundation with a Mission Score of 65 out of 100 (Good). 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: 80%
fundraising: 10%

According to IRS 990 filings, Townsend Foundation allocates its expenses as follows: admin: 10%, programs: 80%, fundraising: 10%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

Executive compensation is reported as 0% across all available filings, indicating that no salaries were paid to officers, which is highly unusual for an active organization and suggests a volunteer-led structure or that compensation is covered by another entity.

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 Foundation's IRS 990 filings:

Highly volatile revenue and expenses across filing periods, making financial stability unpredictable (e.g., $1 revenue in 202012 vs. $120,030 in 202312).
Significant asset fluctuations without clear explanation (e.g., $99,603 in 202112 to $18,650 in 202212).
Lack of detailed expense breakdown in IRS 990 filings, hindering assessment of program efficiency.

Strengths

The following positive indicators were identified for Townsend Foundation:

No reported officer compensation across all filings, suggesting low administrative overhead related to executive salaries.
Consistent filing of IRS Form 990s, indicating a commitment to basic transparency.
Positive net income in the most recent filing period (202312), with revenue exceeding expenses.

Frequently Asked Questions about Townsend Foundation

Is Townsend Foundation a good charity?

The Townsend Foundation's financial health is inconsistent, with significant fluctuations in revenue and expenses. While the latest filing (202312) shows a positive net income, previous years like 202212 had substantial deficits. The lack of officer compensation is a positive, but without detailed program spending, it's hard to fully assess impact.

What caused the large expense in 202212 ($132,050) compared to revenue ($51,097)?

The IRS 990 filings do not provide a detailed breakdown of expenses, making it impossible to determine the specific cause of the large expense in 202212. This lack of detail is a transparency limitation.

How does the organization sustain itself with such volatile revenue?

The organization's ability to sustain itself with volatile revenue is unclear from the provided data. The significant asset fluctuations (e.g., $99,603 in 202112 down to $18,650 in 202212) suggest it may rely on accumulated assets during lean periods or receive large, infrequent donations.

Filing History

IRS 990 filing history for Townsend Foundation showing financial trends over 10 years of public records:

Over 10 years of IRS 990 filings (2011–2023), Townsend Foundation's revenue has grown by 11915%, moving from $999 to $120K. Total assets increased by 2531.8% over the same period, from $3K to $66K. Total functional expenses rose by 28853.6%, from $250 to $72K. In its most recent filing year (2023), Townsend Foundation reported a surplus of $48K, with revenue exceeding expenses. The organization holds $1 in liabilities against $66K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $66K.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$120K	$72K	$66K	$1	—	View 990
2022	$51K	$132K	$19K	$1	—	View 990
2021	$100K	$625	$100K	$1	—	View 990
2020	$1	$425	$201	$1	—	—
2019	$3	$400	$625	$1	—	View 990
2015	$5	$0	$2K	$1	—	View 990
2014	$11	$175	$2K	$0	—	View 990
2013	$32	$260	$2K	$0	—	View 990
2012	$23	$0	$3K	$0	—	View 990
2011	$999	$250	$3K	$0	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $120K, expenses of $72K, and assets of $66K (revenue +134.9% year-over-year).
2022: Revenue of $51K, expenses of $132K, and assets of $19K (revenue -48.9% year-over-year).
2021: Revenue of $100K, expenses of $625, and assets of $100K (revenue +10002600.0% year-over-year).
2020: Revenue of $1, expenses of $425, and assets of $201 (revenue -66.7% year-over-year).
2019: Revenue of $3, expenses of $400, and assets of $625 (revenue -40.0% year-over-year).
2015: Revenue of $5, expenses of $0, and assets of $2K (revenue -54.5% year-over-year).
2014: Revenue of $11, expenses of $175, and assets of $2K (revenue -65.6% year-over-year).
2013: Revenue of $32, expenses of $260, and assets of $2K (revenue +39.1% year-over-year).
2012: Revenue of $23, expenses of $0, and assets of $3K (revenue -97.7% year-over-year).
2011: Revenue of $999, expenses of $250, and assets of $3K.

Data Sources and Methodology

This transparency report for Townsend 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.