Techiles Foundation
Nonprofit profile at a glance
- EIN
- 475614981
- IRS 990-PF coverage
- 2016–2017
- Forms available
- Form 990-PF 2017
- Location
- Brooklyn, NY, USA
- Phone
- 9175778540
- Rating
- 57
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Corporate Foundations
Reported finances
- Revenue
- $887,316
- Expenses
- $163,276
Source: IRS Form 990-PF. Selected filing: tax year 2017. Amounts in USD.
Overview
Mission
Corporate Foundations
What it reported funding in 2017
The foundation reported 29 grants totaling $163,026. The stated grant purpose was general support.
Operating model
- Revenue model
- Donor-supported. 100% of the foundation's positive operating resources came from contributions.
- Distribution model
- Grant intermediary. The foundation distributed 100% of its reported charitable disbursements as grants.
The verdict
MIXED - A large share of spending goes to grants and the filing identifies who received its grants. The available information about grant readiness automatic revocation leaves an important question unanswered.
Rating breakdown
- Grant Deployment: NotEnoughData
- Cost Efficiency: 100
- Transparency: 100
- Compliance: 50
- Endowment Health: 70
Detailed rating inputs
Grant Deployment
- Grant deployment ratio: Limited
Cost Efficiency
- Grant expense ratio: 99.8%; rating input score 100; 99th percentile among comparable filings
Transparency
- Grant recipient disclosure: Yes; rating input score 100
Compliance
- Part VII-B activity disclosures: Limited
- Filing consistency checks: 8; rating input score 100
Endowment Health
- Endowment-health comparison: 22.07; rating input score 70; 70th percentile among comparable filings
Details
- Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
- Grants: 100% of grant recipient detail disclosed
- Trustees: Filed trustees detail
- Investments: 70th percentile for endowment coverage
- Consistency: 8 of 8 current checks pass
- Schedules: 1 filed schedules
- Filing history: 2 filing years from 2016 to 2017
- Contacts: How to reach this organization
- Money network: 29 filed money-flow records
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.
- High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.