Twin Bay Charitable Foundation

Nonprofit profile at a glance

EIN
472654162
IRS 990-PF coverage
2015–2016
Forms available
Form 990-PF 2016
Location
Delafield, WI, USA
Rating
48
Verdict
MIXED
Rating confidence
Moderate

Reported finances

Revenue
$10,607
Expenses
$1,902

Source: IRS Form 990-PF. Selected filing: tax year 2016. Amounts in USD.

Overview

Mission

Twin Bay Charitable Foundation is a nonprofit. Location: Delafield, WI. EIN 472654162. Tax year 2016 Form 990-PF reports $10.6K revenue and $1.9K expenses.

What it reported funding in 2016

The foundation reported 1 grant totaling $1,000. The stated grant purpose was assistance to families in need.

Operating model

Revenue model
Donor-supported. 100% of the foundation's positive operating resources came from contributions.
Distribution model
Hybrid. The foundation combined direct charitable work with grants to other organizations or people.
  • Includes asset-sale income: Asset-sale income is shown separately from recurring resources when classifying the revenue model.

The verdict

MIXED - The filing identifies who received its grants and the endowment provides a meaningful financial cushion. A relatively small share of spending goes to grants and the available information about grant readiness automatic revocation leaves an important question unanswered.

Rating breakdown

  • Grant Deployment: NotEnoughData
  • Cost Efficiency: 53
  • Transparency: 100
  • Compliance: 50
  • Endowment Health: 75

Detailed rating inputs

Grant Deployment

  • Grant deployment ratio: Limited

Cost Efficiency

  • Grant expense ratio: 52.6%; rating input score 53; 44th 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: 11.48; rating input score 75; 75th 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: 75th percentile for endowment coverage
  • Consistency: 8 of 8 current checks pass
  • Schedules: 1 filed schedules
  • Filing history: 2 filing years from 2015 to 2016
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • 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.

  • Review — Cost Efficiency: Grant expense ratio scored 53/100.
  • High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.