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
| Metric | Value |
|---|---|
| Total Revenue | $110K |
| Total Expenses | $72K |
| Program Spending | 80% |
| Net Assets | $66K |
| Transparency Score | 65/100 |
Search Intent Cockpit
Townsend Foundation Form 990, Revenue, CEO Pay, and IRS Filing Signals
Townsend Foundation is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around Townsend Foundation in one place.
Form 990 Filing Summary
10 filing years are available, with latest revenue of $120K and expenses of $72K.
Revenue and Expenses
Townsend Foundation reported $120K in revenue and $72K in expenses, a surplus of $48K.
Executive Compensation
Officer, director, trustee, and key employee pay is reviewed from IRS 990 compensation disclosures when present.
Charity Score and Red Flags
65/100 mission score, 3 red flags, and 3 strengths are shown from structured and AI review.
Is Townsend Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
IRS 990 Data Cockpit
Where the Money Comes From and Where It Goes
Revenue Source Mix
Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.
Expense Deployment
| Program services | $58K (80%) |
Across stored filings, Townsend Foundation shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.
Decision Cockpit
One-Stop Donor, Research, and Peer Context Hub
| Decision Lens | Signal | What to Inspect Next |
|---|---|---|
| Legitimacy | Some Concerns | Good filing record; 3 red flags identified |
| Mission spend | 80% to programs | Excellent |
| Financial durability | Grade A | 10 stored filing years |
| Peer context | Compare with Thelma Gaylord Lyric Theatre Endowment Fund Inc | Oklahoma and category context |
Trust Check
Review legitimacy, deductibility, red flags, and filing consistency.
Open charity check →Peer Benchmark
Compare against real state and category peers.
Compare with Thelma Gaylord Lyric Theatre Endowment Fund Inc →All Oklahoma nonprofits
Local and Sector Spokes
Move into this nonprofit's local market, category, and sector maps.
Grove, OK nonprofitsFollow the Money
Jump into spending, compensation, rankings, and filing-year evidence.
State spending analysisState compensation analysis
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Donation Decision Flow
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Keep the Investigation Moving
Townsend Foundation directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
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.
Organization Overview
Townsend Foundation is a small nonprofit that has been operating for 33 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 49.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $120K |
| Total Expenses | $72K |
| Surplus / Deficit | +$48K |
| Total Assets | $66K |
| Total Liabilities | $1 |
| Net Assets | $66K |
| Operating Margin | 39.7% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 11.0 months |
Financial Health Grade: A
In 2023, Townsend Foundation reported a surplus of $48K with revenue exceeding expenses, holds 11.0 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 (2011–2023), Townsend Foundation's revenue has grown at a compound annual growth rate (CAGR) of 49.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +134.9% | -45.2% | +255.5% |
| 2022 | -48.9% | +21028.0% | -81.3% |
| 2021 | +10002600.0% | +47.1% | +49453.7% |
| 2020 | -66.7% | +6.3% | -67.8% |
| 2019 | -40.0% | — | -71.1% |
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 Transparency Report
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.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $48K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
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 legitimate charity?
Townsend Foundation (EIN: 201030689) is a registered tax-exempt nonprofit based in Oklahoma. Our AI analysis gives it a Mission Score of 65/100. It has 10 years of IRS 990 filings on record. Total revenue: $110K. 3 red flags identified. 3 strengths noted. Financial health grade: A.
How does Townsend Foundation spend its money?
Townsend Foundation directs 80% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to Townsend Foundation tax-deductible?
Townsend Foundation is registered as a tax-exempt nonprofit (EIN: 201030689). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Townsend Foundation's spending goes to programs?
Townsend Foundation directs 80% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Townsend Foundation located?
Townsend Foundation is headquartered in Grove, Oklahoma and files with the IRS under EIN 201030689.
How many years of IRS 990 filings does Townsend Foundation have?
Townsend 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 $110K in total revenue.
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. % | |
|---|---|---|---|---|---|---|
| 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.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Townsend Foundation:
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.