Turtle Mountain Cdfi

Turtle Mountain Cdfi shows inconsistent revenue and expenses, maintaining over $1 million in assets despite recent operational deficits.

EIN: 10916120 · Belcourt, ND · NTEE: L20 · Updated: 2026-03-28

$20KRevenue
$1.1MAssets
65/100Mission Score (Good)
L20
Turtle Mountain Cdfi Financial Summary
MetricValue
Total Revenue$20K
Total Expenses$49K
Program Spending70%
Net Assets$1.1M
Transparency Score65/100

Search Intent Cockpit

Turtle Mountain Cdfi Form 990, Revenue, CEO Pay, and IRS Filing Signals

Turtle Mountain Cdfi is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around Turtle Mountain Cdfi in one place.

Form 990 Filing Summary

7 filing years are available, with latest revenue of $20K and expenses of $49K.

Revenue and Expenses

Turtle Mountain Cdfi reported $20K in revenue and $49K in expenses, a deficit of $29K.

Executive Compensation

Officer, director, trustee, and key employee pay is reviewed from IRS 990 compensation disclosures when present.

Charity Score and Red Flags

65/100 mission score, 3 red flags, and 3 strengths are shown from structured and AI review.

Is Turtle Mountain Cdfi Legit?

Some Concerns

GoodFiling Consistency
GoodSpending Efficiency
GoodTransparency
3 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

IRS 990 Data Cockpit

Where the Money Comes From and Where It Goes

PendingDonor/Grant Funding
70%Program Expense
$0Grants Paid
7Stored Filing Years

Revenue Source Mix

Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.

Expense Deployment

Turtle Mountain Cdfi Expense Deployment
Program services$34K (70%)

Across stored filings, Turtle Mountain Cdfi shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.

Decision Cockpit

One-Stop Donor, Research, and Peer Context Hub

Turtle Mountain Cdfi Donor Decision Matrix
Decision LensSignalWhat to Inspect Next
LegitimacySome ConcernsGood filing record; 3 red flags identified
Mission spend70% to programsGood
Financial durabilityGrade B7 stored filing years
Peer contextCompare with State Risk And Insurance Management AssociationNorth Dakota and Category L context

Trust Check

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Peer Benchmark

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Turtle Mountain Cdfi directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.

About Turtle Mountain Cdfi

Turtle Mountain Cdfi (EIN: 10916120) is a nonprofit organization based in Belcourt, ND, classified under NTEE code L20. The organization reported total revenue of $20K and total assets of $1.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Turtle Mountain Cdfi's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

7Years Operating
MicroSize Classification
7Years of Filings
MixedRevenue Trajectory

Turtle Mountain Cdfi is a micro nonprofit that has been operating for 7 years, with 7 years of IRS 990 filings on record (2011–2017). Revenue has grown at a compound annual rate of -42.8%.

Key Financial Metrics (2017)

From the most recent IRS 990 filing on record:

Total Revenue$20K
Total Expenses$49K
Surplus / Deficit$-29,345
Total Assets$1.1M
Net Assets$1.1M
Operating Margin-150.2%
Months of Reserves266.6 months

Financial Health Grade: B

In 2017, Turtle Mountain Cdfi reported a deficit of $29K with expenses exceeding revenue, holds 266.6 months of operating reserves (strong position).

Financial Trends

Over 7 years of filings (2011–2017), Turtle Mountain Cdfi's revenue has declined at a compound annual growth rate (CAGR) of -42.8%.

YearRevenue ChangeExpense ChangeAsset Change
2017-94.9%-48.7%-3.0%
2015-100.0%-100.0%-100.0%
2014+732.4%-43.6%+36.7%
2013-84.5%-16.3%-13.2%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date2019

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

Turtle Mountain Cdfi exhibits inconsistent financial activity over its filing history. While the organization reported assets of over $1 million in 2017 and 2016, its latest reported revenue was only $19,533 against expenses of $48,878, indicating a deficit for that period. This contrasts sharply with earlier periods like 2016 and 2014 where revenue significantly outpaced expenses. The organization also reported zero revenue and expenses in 2015, which could indicate a period of dormancy or an anomaly in reporting. The lack of reported officer compensation across all filings suggests either a volunteer-led structure or that compensation is not reported in a way that is visible in these summaries, which could impact transparency assessment. The organization's financial health appears volatile, with significant fluctuations in revenue and expenses year-over-year. Despite the low latest revenue, the substantial asset base of $1,085,953 in 2017 suggests some financial stability, likely from prior years' accumulation or grants. However, the consistent operational deficits in some years (e.g., 2017, 2013) raise questions about long-term sustainability if not offset by other funding sources or asset utilization. The absence of liabilities in the latest filing is a positive indicator of financial management.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Turtle Mountain Cdfi with a Mission Score of 65 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

  • admin: 20%
  • programs: 70%
  • fundraising: 10%

According to IRS 990 filings, Turtle Mountain Cdfi allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.

Key Financial Metrics (2017)

From the most recent IRS 990 filing on record:

$20KTotal Revenue
$49KTotal Expenses
$1.1MTotal Assets
$1.1MNet Assets
  • The organization reported a deficit of $29K, with expenses exceeding revenue.

Executive Compensation Analysis

No officer compensation has been reported across all available filings, suggesting either a volunteer-led organization or that executive compensation is not disclosed in the provided summary data, which limits a full assessment of compensation relative to organizational 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 Turtle Mountain Cdfi's IRS 990 filings:

  • Inconsistent revenue generation with significant year-over-year fluctuations.
  • Operational deficits in multiple years (e.g., 2017, 2013) where expenses exceeded revenue.
  • Unexplained zero revenue and expenses reported in 2015, raising questions about operational continuity or reporting accuracy.

Strengths

The following positive indicators were identified for Turtle Mountain Cdfi:

  • Maintained a substantial asset base, exceeding $1 million in recent years, providing a buffer against financial instability.
  • Zero reported liabilities in the latest filing (2017), indicating good debt management.
  • No reported officer compensation, which could suggest efficient use of funds if leadership is volunteer-based or modestly compensated.

Frequently Asked Questions about Turtle Mountain Cdfi

Is Turtle Mountain Cdfi a legitimate charity?

Turtle Mountain Cdfi (EIN: 10916120) is a registered tax-exempt nonprofit based in North Dakota. Our AI analysis gives it a Mission Score of 65/100. It has 7 years of IRS 990 filings on record. Total revenue: $20K. 3 red flags identified. 3 strengths noted. Financial health grade: B.

How does Turtle Mountain Cdfi spend its money?

Turtle Mountain Cdfi directs 70% of its spending to programs and services. Fundraising costs 10%. This meets the 65% industry benchmark.

Are donations to Turtle Mountain Cdfi tax-deductible?

Turtle Mountain Cdfi is registered as a tax-exempt nonprofit (EIN: 10916120). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

What percentage of Turtle Mountain Cdfi's spending goes to programs?

Turtle Mountain Cdfi directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.

How does Turtle Mountain Cdfi compare to similar nonprofits?

With a transparency score of 65/100 (Good), Turtle Mountain Cdfi is above average for NTEE category L20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is Turtle Mountain Cdfi located?

Turtle Mountain Cdfi is headquartered in Belcourt, North Dakota and files with the IRS under EIN 10916120. It is classified under NTEE code L20.

How many years of IRS 990 filings does Turtle Mountain Cdfi have?

Turtle Mountain Cdfi has 7 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 $20K in total revenue.

What caused the significant fluctuations in revenue and expenses, particularly the zero activity in 2015?

The provided data does not specify the reasons for these fluctuations, but they could be due to grant cycles, project-based funding, or reporting anomalies. The zero activity in 2015 is particularly unusual and warrants further investigation into the organization's operational status during that period.

How does Turtle Mountain Cdfi sustain its operations with periods of significant expense exceeding revenue, such as in 2017 where expenses were $48,878 against $19,533 in revenue?

The organization likely draws upon its substantial asset base, which was over $1 million in 2017, or relies on reserves from prior years' surpluses to cover operational deficits. This strategy, however, is not sustainable long-term without consistent revenue generation.

What is the nature of the organization's programs, given its NTEE code L20 (Community Development Financial Institutions)?

As a CDFI, Turtle Mountain Cdfi likely focuses on providing financial services and technical assistance to underserved communities, promoting economic development and self-sufficiency. The specific programs would involve lending, investment, and capacity building within its target community.

Filing History

IRS 990 filing history for Turtle Mountain Cdfi showing financial trends over 7 years of public records:

Over 7 years of IRS 990 filings (2011–2017), Turtle Mountain Cdfi's revenue has declined by 96.5%, moving from $557K to $20K. Total assets increased by 44.4% over the same period, from $752K to $1.1M. Total functional expenses fell by 67.3%, from $149K to $49K. In its most recent filing year (2017), Turtle Mountain Cdfi reported a deficit of $29K, with expenses exceeding revenue.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2017 $20K $49K $1.1M $0
2016 $382K $95K $1.1M $5K
2015 $0 $0 $0 $0
2014 $332K $81K $944K $3K View 990
2013 $40K $144K $690K $513 View 990
2012 $257K $172K $796K $2K View 990
2011 $557K $149K $752K $38K View 990

Year-by-Year Financial Summary

  • 2017: Revenue of $20K, expenses of $49K, and assets of $1.1M (revenue -94.9% year-over-year).
  • 2016: Revenue of $382K, expenses of $95K, and assets of $1.1M.
  • 2015: Revenue of $0, expenses of $0, and assets of $0 (revenue -100.0% year-over-year).
  • 2014: Revenue of $332K, expenses of $81K, and assets of $944K (revenue +732.4% year-over-year).
  • 2013: Revenue of $40K, expenses of $144K, and assets of $690K (revenue -84.5% year-over-year).
  • 2012: Revenue of $257K, expenses of $172K, and assets of $796K (revenue -53.9% year-over-year).
  • 2011: Revenue of $557K, expenses of $149K, and assets of $752K.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Turtle Mountain Cdfi:

2017 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for Turtle Mountain Cdfi 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.

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