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Tumo Foundation
Tumo Foundation reported $16.9 million in revenue and $16.2 million in expenses for calendar year 2024. Of every $100 it spent, $95.93 went to program services, $1.92 to management and general costs and $2.15 to fundraising. Its largest source of revenue was contributions and grants: 96.1% of the total. Government grants made up 33.7%. The highest compensation it reported for one person was $257,995 (VP PHILANTHR). 2 people received more than $100,000 in reportable compensation. Source: Form 990, 2024.
Where $100 of spending went
Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $16MFor context, the median across 1,001 covered philanthropy, voluntarism & grantmaking charities: $91.65 programs, $6.50 management, $1.85 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
Calendar year 2024 · Form 990, Part VIII · total revenue $17M- Contributions & grants (non-government)$62.13 $11M
- Government grants$33.57 $5.7M
- Investment income$4.30 $731K
Other revenue was negative: −$62,902. The bar shows the positive sources only.
The 990 scorecard · same measures for every charity, no grades
| Measure | 2024 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 95.9% | 90.2% |
| Management & general Part IX 25(C) ÷ 25(A) | 1.9% | 6.4% |
| Fundraising Part IX 25(D) ÷ 25(A) | 2.2% | 1.8% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.02 | $0.02 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 96.1% | 79.9% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 33.7% | 0.0% |
| Program service revenue share Part VIII 2g ÷ 12 | 0.0% | 0.0% |
| Highest reported compensation Part VII-A, columns D–F | $257,995 | $325,675 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 1.59% | 1.56% |
| People paid over $100,000 Part VII, line 2 | 2 | 3 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 21.2 | 56.6 |
| Independent voting board members Part VI 1a–1b | 5 of 5 | 100.0% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
2024 · Form 990, Part III · the three largest programs by expenseTumo Foundation creates and funds centers focused on providing after school activities to promote educational purposes in design and technology. The programs are free to qualifying students. In 2024, support for a center in armenia allowed it to continue serving more than 25,000 students. Additionally, the renovation of property in the united states continued to prepare for a new center to be opened in 2025
Highest reported compensation
2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| VP PHILANTHR Officer, 40.00 hrs/week | $248,237 | $0 | $9,758 | $257,995 |
| CEO TUMO LA Officer, 40.00 hrs/week | $150,000 | $0 | $7,589 | $157,589 |
2 people received more than $100,000 in reportable compensation from Tumo Foundation (Part VII, line 2). Compensation of current officers, directors and key employees totaled $416K (Part IX, line 5).
3 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
2024 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b5 · 5 independent
- Audited financial statements Part XII 2bNo
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aNo
- Board given the 990 before filing Part VI 11aYes
- Family or business ties among insiders Part VI 2No
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4No
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bYes
- Employees Part I, line 54
- Volunteers Part I, line 68
Private foundation grants it received
5 private foundations reported grants to Tumo Foundation totaling $1.1M on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.
Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.
Correct a figure or respond
Every number above is copied from Tumo Foundation's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Tumo Foundation, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 Tumo Foundation spent in 2024, $95.93 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- Northern New York Community FoundationWatertown, NY · revenue $17M · programs 90.3% · 2024
- Hebrew SeniorlifeBoston, MA · revenue $17M · programs 83.5% · FY2025
- Metro United WayLouisville, KY · revenue $17M · programs 67.0% · FY2025
- Deed Community Giving FoundationBrooklyn, NY · revenue $17M · programs 100.0% · 2024
- Waco FoundationWaco, TX · revenue $17M · programs 87.3% · FY2025
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Questions people ask
How much of Tumo Foundation's spending goes to programs?
In calendar year 2024, Tumo Foundation reported that 95.9% of its $16.2 million in expenses went to program services, 1.9% to management and general and 2.2% to fundraising (Form 990, Part IX).
How much does Tumo Foundation pay its top executive?
The largest total compensation Tumo Foundation reported for one person in calendar year 2024 was $257,995, for the role of VP PHILANTHR (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Tumo Foundation get its money?
Of $16.9 million in revenue in calendar year 2024, 96.1% came from contributions and grants (including 33.7% from government grants) and 0.0% from program service revenue (Form 990, Part VIII).
Is Tumo Foundation a registered charity?
The IRS lists EIN 45-2130686 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- 2024: Form 990 for calendar year 2024, object 202503189349304310 · read the filing · XML
- 2023: Form 990 for calendar year 2023, object 202413189349304891 · read the filing
- 2022: Form 990 for calendar year 2022 (amended), object 202510369349300841 · read the filing
All filings for EIN 45-2130686: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.