Trideum Foundation Inc
Trideum Foundation Inc. shows no officer compensation and fluctuating revenue, with recent expenses exceeding income.
EIN: 208122013 · Huntsville, AL · NTEE: P60 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $273K |
| Total Expenses | $103K |
| Program Spending | 80% |
| Net Assets | $81K |
| Transparency Score | 85/100 |
Is Trideum Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Trideum Foundation Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Trideum Foundation Inc
Trideum Foundation Inc (EIN: 208122013) is a nonprofit organization based in Huntsville, AL, classified under NTEE code P60. The organization reported total revenue of $273K and total assets of $122K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Trideum Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Trideum Foundation Inc is a small nonprofit that has been operating for 19 years, with 5 years of IRS 990 filings on record (2019–2023). Revenue has grown at a compound annual rate of -7.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $71K |
| Total Expenses | $103K |
| Surplus / Deficit | $-31,835 |
| Total Assets | $81K |
| Net Assets | $81K |
| Operating Margin | -45.0% |
| Months of Reserves | 9.5 months |
Financial Health Grade: B
In 2023, Trideum Foundation Inc reported a deficit of $32K with expenses exceeding revenue, holds 9.5 months of operating reserves (strong position).
Financial Trends
Over 5 years of filings (2019–2023), Trideum Foundation Inc's revenue has declined at a compound annual growth rate (CAGR) of -7.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -36.2% | +7.9% | -28.2% |
| 2022 | +52.5% | +39.9% | +16.2% |
| 2021 | -35.8% | -31.6% | +5.1% |
| 2020 | +18.1% | -29.5% | +17.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| 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 Trideum Foundation Inc 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Trideum Foundation Inc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. 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 deficit of $32K, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation is 0% across all reported periods, indicating that no officers or directors received salaries from the organization, which is highly favorable for donor trust and 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.
Red Flags
The following concerns were identified during AI analysis of Trideum Foundation Inc's IRS 990 filings:
- Expenses exceeded revenue in the latest filing period (202312), with $102,501 in expenses against $70,666 in revenue, which could indicate unsustainable spending without external support or reserves.
Strengths
The following positive indicators were identified for Trideum Foundation Inc:
- Consistent 0% officer compensation across all reported periods, indicating strong commitment to mission-focused spending.
- Zero liabilities reported in all filings, demonstrating sound financial management and no outstanding debts.
- General growth in assets from $78,544 in 201912 to $122,078 currently, suggesting financial stability over time despite revenue fluctuations.
Frequently Asked Questions about Trideum Foundation Inc
Is Trideum Foundation Inc a legitimate charity?
Trideum Foundation Inc (EIN: 208122013) is a registered tax-exempt nonprofit based in Alabama. Our AI analysis gives it a Mission Score of 85/100. It has 5 years of IRS 990 filings on record. Total revenue: $273K. 1 red flag identified. 3 strengths noted. Financial health grade: B.
How does Trideum Foundation Inc spend its money?
Trideum Foundation Inc directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Trideum Foundation Inc tax-deductible?
Trideum Foundation Inc is registered as a tax-exempt nonprofit (EIN: 208122013). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Trideum Foundation Inc's spending goes to programs?
Trideum Foundation Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Trideum Foundation Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Trideum Foundation Inc is above average for NTEE category P60 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Trideum Foundation Inc located?
Trideum Foundation Inc is headquartered in Huntsville, Alabama and files with the IRS under EIN 208122013. It is classified under NTEE code P60.
How many years of IRS 990 filings does Trideum Foundation Inc have?
Trideum Foundation Inc has 5 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 $273K in total revenue.
Is Trideum Foundation Inc. a good charity?
Based on the available data, Trideum Foundation Inc. exhibits strong indicators of a good charity, particularly due to its 0% officer compensation and consistent transparency with zero liabilities. While its revenue and expense management show some fluctuations, the commitment to not paying executive salaries is a significant positive.
How has Trideum Foundation Inc.'s financial health changed over time?
Trideum Foundation Inc.'s financial health has seen fluctuations. Revenue peaked at $113,073 in 202012 and dipped to $70,666 in 202312. Assets have generally increased from $78,544 in 201912 to $122,078 currently, but the latest period shows expenses ($102,501) exceeding revenue ($70,666), indicating a potential short-term financial strain.
What is the significance of 0% officer compensation?
0% officer compensation is highly significant as it means no funds are being used to pay salaries to the organization's leadership. This suggests that officers are either volunteers or compensated through other means, allowing a greater proportion of donations to directly support the organization's programs and mission.
Filing History
IRS 990 filing history for Trideum Foundation Inc showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2019–2023), Trideum Foundation Inc's revenue has declined by 26.2%, moving from $96K to $71K. Total assets increased by 3.1% over the same period, from $79K to $81K. Total functional expenses fell by 27.1%, from $141K to $103K. In its most recent filing year (2023), Trideum Foundation Inc reported a deficit of $32K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $71K | $103K | $81K | $0 | — | — |
| 2022 | $111K | $95K | $113K | $0 | — | View 990 |
| 2021 | $73K | $68K | $97K | $0 | — | View 990 |
| 2020 | $113K | $99K | $92K | $0 | — | View 990 |
| 2019 | $96K | $141K | $79K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $71K, expenses of $103K, and assets of $81K (revenue -36.2% year-over-year).
- 2022: Revenue of $111K, expenses of $95K, and assets of $113K (revenue +52.5% year-over-year).
- 2021: Revenue of $73K, expenses of $68K, and assets of $97K (revenue -35.8% year-over-year).
- 2020: Revenue of $113K, expenses of $99K, and assets of $92K (revenue +18.1% year-over-year).
- 2019: Revenue of $96K, expenses of $141K, and assets of $79K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Trideum Foundation Inc:
Data Sources and Methodology
This transparency report for Trideum 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.