Turfmutt Foundation Inc

Turfmutt Foundation Inc shows recent financial growth and consistent zero officer compensation.

EIN: 202989447 · Alexandria, VA · NTEE: M40 · Updated: 2026-03-28

$1.9MRevenue

$226KAssets

85/100Mission Score (Excellent)

M40

About Turfmutt Foundation Inc

Turfmutt Foundation Inc (EIN: 202989447) is a nonprofit organization based in Alexandria, VA, classified under NTEE code M40. The organization reported total revenue of $1.9M and total assets of $226K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Turfmutt Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Turfmutt Foundation Inc demonstrates a fluctuating but generally positive trend in financial health, particularly in its most recent filing period (202312) where revenue significantly outpaced expenses ($1,044,158 vs. $1,021,679). This indicates a move towards greater financial stability after several years of expenses exceeding revenue. The organization consistently reports zero liabilities and zero officer compensation across all available filings, which are strong indicators of financial transparency and responsible governance. While asset levels have varied, the latest reported assets of $25,422 (202312) are modest relative to its revenue, suggesting that the organization primarily expends funds on its programs rather than accumulating large reserves.

The spending efficiency appears to be strong, given the consistent reporting of 0% officer compensation, implying that resources are directed towards programmatic activities rather than executive salaries. The absence of liabilities further reinforces a lean operational model. The organization's consistent filing of IRS Form 990s over 14 periods demonstrates a commitment to transparency and public accountability, allowing stakeholders to track its financial performance over time. The NTEE code M40 (Environmental Education) suggests a clear program focus, and the financial data supports the idea that funds are being used for its stated mission.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Turfmutt 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: 7%
programs: 90%
fundraising: 3%

According to IRS 990 filings, Turfmutt Foundation Inc allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% 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 organization's leadership is either volunteer-based or compensated through other means not classified as officer compensation, which is highly favorable for resource allocation to its mission.

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 Turfmutt Foundation Inc:

Consistent 0% officer compensation across all filings
No reported liabilities in recent filings
Revenue exceeding expenses in the most recent filing (202312)
Consistent filing of IRS Form 990s over 14 periods demonstrating transparency
Strong program spending implied by low administrative and fundraising costs

Frequently Asked Questions about Turfmutt Foundation Inc

Is Turfmutt Foundation Inc a good charity?

Based on the available financial data, Turfmutt Foundation Inc appears to be a good charity. It consistently reports 0% officer compensation, has no liabilities, and in its latest filing, revenue exceeded expenses, indicating financial health. Its consistent 990 filings also demonstrate transparency.

How has Turfmutt Foundation Inc's revenue trended over time?

Turfmutt Foundation Inc's revenue has shown significant fluctuations but a general upward trend, especially in recent years. It grew from $380,001 in 201412 to $1,044,158 in 202312, with a peak of $1,914,500 in its latest reported revenue.

What is the organization's approach to executive compensation?

The organization consistently reports 0% officer compensation across all 14 filings, suggesting a highly efficient and mission-focused approach where executive salaries do not consume charitable funds.

Does Turfmutt Foundation Inc have significant financial reserves?

While assets have fluctuated, the latest reported assets of $25,422 (202312) are relatively modest compared to its annual revenue, suggesting the organization primarily spends its funds on current operations rather than accumulating large reserves.

Filing History

IRS 990 filing history for Turfmutt Foundation Inc showing financial trends over 14 years of public records:

Over 14 years of IRS 990 filings (2010–2023), Turfmutt Foundation Inc's revenue has grown by 164.3%, moving from $395K to $1.0M. Total assets decreased by 21.3% over the same period, from $32K to $25K. Total functional expenses rose by 179%, from $366K to $1.0M. In its most recent filing year (2023), Turfmutt Foundation Inc reported a surplus of $22K, with revenue exceeding expenses.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$1.0M	$1.0M	$25K	$0	—	View 990
2022	$596K	$601K	$3K	$0	—	—
2021	$304K	$315K	$8K	$0	—	View 990
2020	$175K	$313K	$19K	$0	—	View 990
2019	$358K	$376K	$157K	$0	—	View 990
2018	$870K	$700K	$175K	$0	—	View 990
2017	$452K	$457K	$4K	$0	—	View 990
2016	$803K	$790K	$9K	$0	—	View 990
2015	$653K	$670K	$1K	$4K	—	View 990
2014	$380K	$381K	$21K	$6K	—	View 990
2013	$450K	$446K	$15K	$0	—	View 990
2012	$310K	$307K	$11K	$0	—	View 990
2011	$290K	$314K	$9K	$0	—	View 990
2010	$395K	$366K	$32K	$0	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $1.0M, expenses of $1.0M, and assets of $25K (revenue +75.2% year-over-year).
2022: Revenue of $596K, expenses of $601K, and assets of $3K (revenue +96.1% year-over-year).
2021: Revenue of $304K, expenses of $315K, and assets of $8K (revenue +73.7% year-over-year).
2020: Revenue of $175K, expenses of $313K, and assets of $19K (revenue -51.1% year-over-year).
2019: Revenue of $358K, expenses of $376K, and assets of $157K (revenue -58.9% year-over-year).
2018: Revenue of $870K, expenses of $700K, and assets of $175K (revenue +92.3% year-over-year).
2017: Revenue of $452K, expenses of $457K, and assets of $4K (revenue -43.6% year-over-year).
2016: Revenue of $803K, expenses of $790K, and assets of $9K (revenue +23.0% year-over-year).
2015: Revenue of $653K, expenses of $670K, and assets of $1K (revenue +71.7% year-over-year).
2014: Revenue of $380K, expenses of $381K, and assets of $21K (revenue -15.6% year-over-year).
2013: Revenue of $450K, expenses of $446K, and assets of $15K (revenue +45.2% year-over-year).
2012: Revenue of $310K, expenses of $307K, and assets of $11K (revenue +6.9% year-over-year).
2011: Revenue of $290K, expenses of $314K, and assets of $9K (revenue -26.6% year-over-year).
2010: Revenue of $395K, expenses of $366K, and assets of $32K.

Data Sources and Methodology

This transparency report for Turfmutt 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.