Tuft Family Foundation
Tuft Family Foundation shows fluctuating revenues and expenses, with zero officer compensation reported.
EIN: 133437888 · Albany, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $3.0M |
| Total Expenses | $1.9M |
| Program Spending | 90% |
| Net Assets | $8.0M |
| Transparency Score | 85/100 |
Is Tuft Family Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Tuft Family Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Tuft Family Foundation
Tuft Family Foundation (EIN: 133437888) is a nonprofit organization based in Albany, NY. The organization reported total revenue of $3.0M and total assets of $7.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Tuft Family Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Tuft Family Foundation is a mid-size nonprofit that has been operating for 37 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -6.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $877K |
| Total Expenses | $1.9M |
| Surplus / Deficit | $-1,024,717 |
| Total Assets | $8.0M |
| Total Liabilities | $1 |
| Net Assets | $8.0M |
| Operating Margin | -116.8% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 50.6 months |
Financial Health Grade: B
In 2023, Tuft Family Foundation reported a deficit of $1.0M with expenses exceeding revenue, holds 50.6 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), Tuft Family Foundation's revenue has declined at a compound annual growth rate (CAGR) of -6.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -57.9% | +67.4% | -13.1% |
| 2022 | -65.8% | +107.6% | -1.4% |
| 2021 | +45.0% | -70.1% | +29.8% |
| 2020 | +480.3% | +5.2% | +1.0% |
| 2019 | -72.2% | -27.2% | -12.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1989 |
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 Tuft Family Foundation 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: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Tuft Family Foundation allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% 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 $1.0M, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation has consistently been reported as 0% across all available filings, indicating that no officers receive compensation from the foundation, which is highly favorable for a foundation of its asset size.
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 Tuft Family Foundation's IRS 990 filings:
- Significant year-over-year fluctuations in revenue and expenses, making consistent financial performance difficult to track without further detail on grant cycles.
Strengths
The following positive indicators were identified for Tuft Family Foundation:
- Consistent reporting of 0% officer compensation across all filings, indicating high efficiency in executive pay.
- Maintains a substantial asset base, with assets consistently above $7 million over the past decade.
- Low liabilities reported in most years, suggesting sound financial management.
Frequently Asked Questions about Tuft Family Foundation
Is Tuft Family Foundation a legitimate charity?
Tuft Family Foundation (EIN: 133437888) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 85/100. It has 10 years of IRS 990 filings on record. Total revenue: $3.0M. 1 red flag identified. 3 strengths noted. Financial health grade: B.
How does Tuft Family Foundation spend its money?
Tuft Family Foundation directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Tuft Family Foundation tax-deductible?
Tuft Family Foundation is registered as a tax-exempt nonprofit (EIN: 133437888). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Tuft Family Foundation located?
Tuft Family Foundation is headquartered in Albany, New York and files with the IRS under EIN 133437888.
How many years of IRS 990 filings does Tuft Family Foundation have?
Tuft Family 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 $3.0M in total revenue.
Is Tuft Family Foundation a good charity?
Based on the available data, the Tuft Family Foundation appears to be a well-managed grant-making organization with a strong commitment to minimizing administrative costs, particularly executive compensation. Its financial health, while showing annual fluctuations in revenue and expenses, maintains a substantial asset base. The lack of officer compensation is a significant positive indicator.
What is the trend in the foundation's assets?
The foundation's assets have generally remained robust, fluctuating between approximately $7.1 million (2019) and $9.3 million (2021). The latest reported assets are $7,696,578, showing a slight decrease from the peak but remaining substantial.
How does the foundation's revenue compare to its expenses?
The foundation's revenue and expenses show considerable variability. In some years, like 2021, revenue ($6,095,859) significantly exceeded expenses ($547,380), while in others, such as 2023, expenses ($1,901,909) were higher than revenue ($877,192). This is common for foundations that make grants from an endowment.
Filing History
IRS 990 filing history for Tuft Family Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Tuft Family Foundation's revenue has declined by 55.5%, moving from $2.0M to $877K. Total assets decreased by 12.8% over the same period, from $9.2M to $8.0M. Total functional expenses rose by 101.3%, from $945K to $1.9M. In its most recent filing year (2023), Tuft Family Foundation reported a deficit of $1.0M, with expenses exceeding revenue. The organization holds $1 in liabilities against $8.0M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $8.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $877K | $1.9M | $8.0M | $1 | — | — |
| 2022 | $2.1M | $1.1M | $9.2M | $189K | — | View 990 |
| 2021 | $6.1M | $547K | $9.4M | $1 | — | View 990 |
| 2020 | $4.2M | $1.8M | $7.2M | $1 | — | — |
| 2019 | $724K | $1.7M | $7.1M | $0 | — | View 990 |
| 2015 | $2.6M | $2.4M | $8.1M | $0 | — | View 990 |
| 2014 | $1.4M | $1.2M | $8.6M | $0 | — | View 990 |
| 2013 | $1.8M | $1.0M | $9.1M | $0 | — | View 990 |
| 2012 | $1.0M | $1.3M | $8.9M | $0 | — | View 990 |
| 2011 | $2.0M | $945K | $9.2M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $877K, expenses of $1.9M, and assets of $8.0M (revenue -57.9% year-over-year).
- 2022: Revenue of $2.1M, expenses of $1.1M, and assets of $9.2M (revenue -65.8% year-over-year).
- 2021: Revenue of $6.1M, expenses of $547K, and assets of $9.4M (revenue +45.0% year-over-year).
- 2020: Revenue of $4.2M, expenses of $1.8M, and assets of $7.2M (revenue +480.3% year-over-year).
- 2019: Revenue of $724K, expenses of $1.7M, and assets of $7.1M (revenue -72.2% year-over-year).
- 2015: Revenue of $2.6M, expenses of $2.4M, and assets of $8.1M (revenue +87.1% year-over-year).
- 2014: Revenue of $1.4M, expenses of $1.2M, and assets of $8.6M (revenue -22.9% year-over-year).
- 2013: Revenue of $1.8M, expenses of $1.0M, and assets of $9.1M (revenue +77.6% year-over-year).
- 2012: Revenue of $1.0M, expenses of $1.3M, and assets of $8.9M (revenue -48.5% year-over-year).
- 2011: Revenue of $2.0M, expenses of $945K, and assets of $9.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Tuft Family Foundation:
Data Sources and Methodology
This transparency report for Tuft 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.