Tremblay Family Foundation

Tremblay Family Foundation experiences significant revenue growth and asset accumulation with zero officer compensation.

EIN: 206070260 · Marblehead, MA · NTEE: T90 · Updated: 2026-03-28

$2.4MRevenue

$5.9MAssets

90/100Mission Score (Excellent)

T90

About Tremblay Family Foundation

Tremblay Family Foundation (EIN: 206070260) is a nonprofit organization based in Marblehead, MA, classified under NTEE code T90. The organization reported total revenue of $2.4M and total assets of $5.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Tremblay Family Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

The Tremblay Family Foundation demonstrates strong financial health, particularly in its latest filing period (202312) where it reported revenue of $3,244,919 against expenses of $234,150, leading to a significant increase in assets to $4,451,572. This indicates a substantial capacity to fund its philanthropic activities. The organization consistently reports zero officer compensation across all available filings, which is a positive indicator of efficient use of funds and a commitment to directing resources towards its mission rather than administrative overhead. While specific program spending details are not provided in the summary data, the low overall expenses relative to revenue in recent years suggest a lean operational model. The foundation's consistent filing history and minimal liabilities also contribute to a positive transparency profile.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Tremblay Family Foundation with a Mission Score of 90 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: 5%
programs: 95%
fundraising: 0%

According to IRS 990 filings, Tremblay Family Foundation allocates its expenses as follows: admin: 5%, programs: 95%, fundraising: 0%. With 95% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

Executive compensation is consistently reported as 0% across all available filings, indicating that the foundation's leadership is either unpaid or compensated through other means not reported as officer compensation, which is highly favorable for resource allocation.

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.

Strengths

The following positive indicators were identified for Tremblay Family Foundation:

Zero officer compensation reported across all filings, indicating high efficiency.
Significant revenue growth and asset accumulation in the latest filing period (202312: Revenue=$3,244,919, Assets=$4,451,572).
Consistently low expenses relative to revenue, especially in recent years.
Minimal liabilities reported across all filing periods, indicating strong financial management.
Consistent IRS 990 filing history, demonstrating transparency.

Frequently Asked Questions about Tremblay Family Foundation

Is Tremblay Family Foundation a good charity?

Based on the provided data, the Tremblay Family Foundation appears to be a very good charity. It consistently reports zero officer compensation, has minimal liabilities, and in its latest filing, generated substantial revenue ($3,244,919) while keeping expenses low ($234,150), leading to significant asset growth. This suggests a highly efficient operation focused on its mission.

How has the foundation's financial health changed over time?

The foundation's financial health has significantly improved, particularly in the 202312 period. While revenue and assets remained relatively stable but modest from 2011-2022, the 202312 filing shows a dramatic increase in revenue to over $3.2 million and assets to over $4.4 million, indicating a substantial boost in its financial capacity.

What is the foundation's approach to executive compensation?

The Tremblay Family Foundation consistently reports 0% for officer compensation across all ten available filings. This indicates a strong commitment to minimizing administrative costs and directing resources towards its charitable purpose.

Filing History

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

Over 10 years of IRS 990 filings (2011–2023), Tremblay Family Foundation's revenue has grown by 7761.3%, moving from $41K to $3.2M. Total assets increased by 159% over the same period, from $1.7M to $4.5M. Total functional expenses rose by 141.8%, from $97K to $234K. In its most recent filing year (2023), Tremblay Family Foundation reported a surplus of $3.0M, with revenue exceeding expenses. The organization holds $1 in liabilities against $4.5M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $4.5M.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$3.2M	$234K	$4.5M	$1	—	—
2022	$80K	$267K	$1.4M	$1	—	View 990
2021	$184K	$188K	$1.6M	$1	—	—
2020	$191K	$199K	$1.6M	$1	—	—
2019	$238K	$163K	$1.7M	$0	—	View 990
2015	$132K	$138K	$1.7M	$59K	—	View 990
2014	$111K	$135K	$1.7M	$112K	—	View 990
2013	$93K	$104K	$1.7M	$55K	—	View 990
2012	$75K	$98K	$1.6M	$6K	—	View 990
2011	$41K	$97K	$1.7M	$58K	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $3.2M, expenses of $234K, and assets of $4.5M (revenue +3955.9% year-over-year).
2022: Revenue of $80K, expenses of $267K, and assets of $1.4M (revenue -56.6% year-over-year).
2021: Revenue of $184K, expenses of $188K, and assets of $1.6M (revenue -3.7% year-over-year).
2020: Revenue of $191K, expenses of $199K, and assets of $1.6M (revenue -19.5% year-over-year).
2019: Revenue of $238K, expenses of $163K, and assets of $1.7M (revenue +79.7% year-over-year).
2015: Revenue of $132K, expenses of $138K, and assets of $1.7M (revenue +19.6% year-over-year).
2014: Revenue of $111K, expenses of $135K, and assets of $1.7M (revenue +18.6% year-over-year).
2013: Revenue of $93K, expenses of $104K, and assets of $1.7M (revenue +25.0% year-over-year).
2012: Revenue of $75K, expenses of $98K, and assets of $1.6M (revenue +80.7% year-over-year).
2011: Revenue of $41K, expenses of $97K, and assets of $1.7M.

Data Sources and Methodology

This transparency report for Tremblay 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.