Tyee Foundation

Nonprofit profile at a glance

EIN: 942344299
IRS 990-EZ coverage: 2010–2014
Forms available: Form 990-EZ 2014, Form 990-N 2009
Location: Tiburon, CA, USA
Phone: 4156086386
Rating: 37
Verdict: REVIEW
Rating confidence: Moderate
Sector: Scholarships, Student Financial Aid Services, Awards

Reported finances

Revenue: $3,355
Expenses: $1,443
Assets: $29,317
Liabilities: $0

Source: IRS Form 990-EZ. Selected filing: tax year 2014. Amounts in USD.

Leadership & pay

5 people listed

Executive titles in this filing

CHUCK BRUEMMER (PRESIDENT)

People named in this filing

CHUCK BRUEMMER (PRESIDENT)
BROOKE HALSEY (PROJECT MANAGER)
WALTER M SPRINGS JR (TREASURER)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2014. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To provide scholarships and financial aid

What it reported doing in 2014

Foundation provides scholarships and grants. It will be terminating in 2015 and transferring its assets to tiburon salmon institute

Operating model

Revenue model: Donor-supported. 100% of the money available for current operations came from contributions and gifts.
Distribution model: No current program activity. The filing reports no program spending for the current year.

The verdict

REVIEW - The filed numbers largely add up and revenue comfortably covers expenses. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

Financial Efficiency: 0
Transparency & Controls: 82
Sustainability: 88
Growth: 0

Detailed rating inputs

Financial Efficiency

Mission deployment rate: 0%; rating input score 0
Program expense ratio: 0%; rating input score 0

Transparency & Controls

Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
Major donor itemization: Limited

Sustainability

Operating margin: 57%; rating input score 94; 94th percentile among comparable filings
Total-asset coverage ratio: 20.32; rating input score 96; 96th percentile among comparable filings
Liabilities to assets ratio: 0; rating input score 75; 75th percentile among comparable filings
Officer compensation ratio: 0%; rating input score 57; 57th percentile among comparable filings

Growth

Program expense growth: Limited
Revenue growth: -41.5% per year; rating input score 0; 9th percentile among comparable filings
Asset growth: -16% per year; rating input score 0; 17th percentile among comparable filings

Details

Where the money goes: 0% of revenue deployed · 0% of spending went to programs
Governance: Filed governance answers
Accomplishments: 1 filed program accomplishment
Leadership: top reported pay $0 · 5 people listed
Consistency: 8 of 8 current checks pass
Schedules: 1 filed schedules
Filing history: 3 filing years from 2010 to 2014
Contacts: How to reach this organization
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 — Financial Efficiency: Mission deployment rate scored 0/100.
High — Financial Efficiency: Program expense ratio scored 0/100.
High — Growth: Revenue growth scored 0/100.
High — Growth: Asset growth scored 0/100.
Review — Sustainability: Officer compensation ratio scored 57/100.
High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.
High — Grant Readiness: California registration: this organization is not authorized to operate as a charity in California.