Nonprofit screen
Screen a listTlc Operations Inc
Can you give?
Listed with the IRS. Every screen came back clear.
A 501(c)(3) on Publication 78 and the IRS master file.
- IRS nonprofit listing
- No issue
- Revocation
- None
- IRS files
- Agree
- Sanctions
- No match
- IRS bulletin
- No notice
- California
- No record
- Charity type
- Supporting organization, type not stated
$12Mrevenue
FY2025 · +25% in 3 yrs216staff
8 of 8years filed
’18’19’20’21’22’23’24’25
Revenue and spendingRevenueSpendingDeficit
Against similar nonprofits FY2025
Operating margin−9.8%
Months of reserve0.2mo
Revenue growth (annualized)+4.3%
Middle half of peersMedianTlc Operations
Where the money goes FY2025 · $13M spent
Programs$11M90%Management and general$579k5%Fundraising$706k6%990 FY2025 · Part IX line 25
Worth checking2
Its largest funder stopped after FY2020
Tammy Lynn Memorial Foundation Inc gave about $1.3M a year for two years, 14% of revenue in FY2020.
Funders’ 990-PF grant listsDeficits in 3 of the last 3 years
−$922k in FY2023, −$1.1M in FY2024 and −$1.1M in FY2025. Cash covers 0.2 months, under the peer median of 1.8.
990 Part I and balance sheetIn its favor1
A history of government grants
Government grants on 9 of its 9 returns, 2% of revenue in FY2025.
990 Part VIII4funders
$280ka year, last 3 years
64%from its largest funder
Funder’17’18’19’20’21’22’23Tammy Lynn Memorial Foundation IncStopped after FY2020$986k$1.7M–Tammy Lynn Endowment IncEvery year since FY2017$66k$75k$186k$45k$146k$106k$53kWake County Smart Start IncSince FY2021$209k$207k$121k
FundedStopped