Transfer The Power Foundation Inc
Transfer The Power Foundation Inc experiences severe financial decline with revenue plummeting to $289 in 2023.
EIN: 201593796 · Eagle, ID · NTEE: A30 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $289 |
| Total Expenses | $1K |
| Net Assets | $7K |
| Transparency Score | 20/100 |
Is Transfer The Power Foundation Inc Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Transfer The Power Foundation Inc
Transfer The Power Foundation Inc (EIN: 201593796) is a nonprofit organization based in Eagle, ID, classified under NTEE code A30. The organization reported total revenue of $289 and total assets of $7K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Transfer The Power Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Transfer The Power Foundation Inc is a micro nonprofit that has been operating for 19 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of -40.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $289 |
| Total Expenses | $1K |
| Surplus / Deficit | $-859 |
| Total Assets | $7K |
| Net Assets | $7K |
| Operating Margin | -297.2% |
| Months of Reserves | 68.0 months |
Financial Health Grade: B
In 2023, Transfer The Power Foundation Inc reported a deficit of $859 with expenses exceeding revenue, holds 68.0 months of operating reserves (strong position).
Financial Trends
Over 14 years of filings (2010–2023), Transfer The Power Foundation Inc's revenue has declined at a compound annual growth rate (CAGR) of -40.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -53.2% | -61.0% | -11.7% |
| 2022 | -12.0% | -13.7% | -24.0% |
| 2021 | -98.2% | -90.4% | -25.0% |
| 2020 | -34.5% | -45.4% | +6.1% |
| 2019 | +52.3% | +45.7% | -35.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1700 |
| IRS Ruling Date | 2007 |
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 Transfer The Power Foundation Inc with a Mission Score of 20 out of 100 (Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 0%
- programs: 0%
- fundraising: 0%
According to IRS 990 filings, Transfer The Power Foundation Inc allocates its expenses as follows: admin: 0%, programs: 0%, fundraising: 0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $859, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation has been reported as 0% across all available filing periods, indicating that officers are either unpaid or compensated through mechanisms not reflected in this specific metric. This could be a strength for a small organization, but also raises questions about the long-term sustainability of operations without paid leadership given the significant decline in 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 Transfer The Power Foundation Inc's IRS 990 filings:
- Severe and consistent decline in revenue, from $142,663 in 2014 to $289 in 2023.
- Consistent deficit spending, with expenses frequently exceeding revenue, leading to asset depletion.
- Significant reduction in assets, from $79,503 in 2015 to $6,508 in 2023.
- Lack of detailed expense breakdown (program, admin, fundraising) in the provided summary data.
- Extremely low current revenue ($289 in 2023) raises questions about operational viability.
Strengths
The following positive indicators were identified for Transfer The Power Foundation Inc:
- Consistent IRS 990 filing history (14 filings) indicates compliance.
- Reported 0% officer compensation across all years, suggesting volunteer leadership or alternative compensation structures.
Frequently Asked Questions about Transfer The Power Foundation Inc
Is Transfer The Power Foundation Inc a legitimate charity?
Transfer The Power Foundation Inc (EIN: 201593796) is a registered tax-exempt nonprofit based in Idaho. Our AI analysis gives it a Mission Score of 20/100. It has 14 years of IRS 990 filings on record. Total revenue: $289. 5 red flags identified. 2 strengths noted. Financial health grade: B.
How does Transfer The Power Foundation Inc spend its money?
Transfer The Power Foundation Inc reported $289 in total revenue in IRS 990 filings. 14 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Transfer The Power Foundation Inc tax-deductible?
Transfer The Power Foundation Inc is registered as a tax-exempt nonprofit (EIN: 201593796). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Transfer The Power Foundation Inc compare to similar nonprofits?
With a transparency score of 20/100 (Poor), Transfer The Power Foundation Inc is below average for NTEE category A30 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Transfer The Power Foundation Inc located?
Transfer The Power Foundation Inc is headquartered in Eagle, Idaho and files with the IRS under EIN 201593796. It is classified under NTEE code A30.
How many years of IRS 990 filings does Transfer The Power Foundation Inc have?
Transfer The Power Foundation Inc has 14 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 $289 in total revenue.
What is the current operational status of Transfer The Power Foundation Inc given its extremely low revenue and assets?
The organization's revenue has dropped from $142,663 in 2014 to $289 in 2023, and assets have decreased from $79,503 in 2015 to $6,508 in 2023, suggesting a significant reduction in operations or potential dormancy.
Why has the organization experienced such a drastic decline in revenue over the past decade?
The provided data does not specify the reasons for the revenue decline, but it is a consistent trend across multiple years, indicating a fundamental challenge in fundraising or program funding.
How does the organization cover its expenses when revenue is consistently lower than expenses?
The organization has consistently spent more than its revenue, drawing down its assets. For example, in 2023, revenue was $289 while expenses were $1,148, leading to a further reduction in assets.
What are the specific program activities and their impact, given the lack of detailed expense breakdown?
The provided IRS 990 summary data does not offer a breakdown of expenses into program, administrative, or fundraising categories, making it impossible to assess the specific program activities or their financial allocation.
Is the organization still actively pursuing its mission, or is it in the process of winding down?
The severe financial contraction, with revenue at only $289 in 2023, strongly suggests that the organization may be inactive or in the process of winding down, though the data does not explicitly state this.
Filing History
IRS 990 filing history for Transfer The Power Foundation Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Transfer The Power Foundation Inc's revenue has declined by 99.9%, moving from $226K to $289. Total assets decreased by 98.2% over the same period, from $368K to $7K. Total functional expenses fell by 99.6%, from $264K to $1K. In its most recent filing year (2023), Transfer The Power Foundation Inc reported a deficit of $859, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $289 | $1K | $7K | $0 | — | — |
| 2022 | $618 | $3K | $7K | $0 | — | View 990 |
| 2021 | $702 | $3K | $10K | $0 | — | — |
| 2020 | $38K | $36K | $13K | $522 | — | — |
| 2019 | $58K | $65K | $12K | $2K | — | View 990 |
| 2018 | $38K | $45K | $19K | $2K | — | View 990 |
| 2017 | $37K | $78K | $27K | $4K | — | — |
| 2016 | $63K | $71K | $66K | $2K | — | View 990 |
| 2015 | $111K | $96K | $80K | $7K | — | View 990 |
| 2014 | $143K | $150K | $65K | $7K | — | View 990 |
| 2013 | $491K | $539K | $77K | $12K | — | View 990 |
| 2012 | $299K | $393K | $146K | $33K | — | View 990 |
| 2011 | $31K | $183K | $208K | $755 | — | View 990 |
| 2010 | $226K | $264K | $368K | $546 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $289, expenses of $1K, and assets of $7K (revenue -53.2% year-over-year).
- 2022: Revenue of $618, expenses of $3K, and assets of $7K (revenue -12.0% year-over-year).
- 2021: Revenue of $702, expenses of $3K, and assets of $10K (revenue -98.2% year-over-year).
- 2020: Revenue of $38K, expenses of $36K, and assets of $13K (revenue -34.5% year-over-year).
- 2019: Revenue of $58K, expenses of $65K, and assets of $12K (revenue +52.3% year-over-year).
- 2018: Revenue of $38K, expenses of $45K, and assets of $19K (revenue +3.0% year-over-year).
- 2017: Revenue of $37K, expenses of $78K, and assets of $27K (revenue -40.8% year-over-year).
- 2016: Revenue of $63K, expenses of $71K, and assets of $66K (revenue -43.3% year-over-year).
- 2015: Revenue of $111K, expenses of $96K, and assets of $80K (revenue -22.4% year-over-year).
- 2014: Revenue of $143K, expenses of $150K, and assets of $65K (revenue -71.0% year-over-year).
- 2013: Revenue of $491K, expenses of $539K, and assets of $77K (revenue +64.4% year-over-year).
- 2012: Revenue of $299K, expenses of $393K, and assets of $146K (revenue +850.5% year-over-year).
- 2011: Revenue of $31K, expenses of $183K, and assets of $208K (revenue -86.1% year-over-year).
- 2010: Revenue of $226K, expenses of $264K, and assets of $368K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Transfer The Power Foundation Inc:
Data Sources and Methodology
This transparency report for Transfer The Power Foundation Inc 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.