Is Trust Care Group Home Inc Legit? —…

Strengths

Consistent and significant revenue growth over the past decade, from $980,369 in 2014 to $3,836,968 in 2023.
Strong asset accumulation, growing from $199,192 in 2014 to $2,409,631 in 2023, indicating financial stability and effective management of surpluses.
Expenses consistently below revenue, demonstrating sound financial management and sustainability.
Low liabilities relative to assets in recent years, indicating a healthy balance sheet (e.g., $10,980 liabilities vs. $2,409,631 assets in 2023).

Spending Breakdown

How Trust Care Group Home Inc allocates its funds across programs, administration, and fundraising.

90%

Program Spending

Healthy — majority goes to mission

10%

Admin Costs

Reasonable — admin costs in check

Fundraising

Within typical range

How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.

How to Interpret This Report

What Red Flags Mean

Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.

What Mission Score Measures

The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.

Using This Data for Donation Decisions

Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.

Frequently Asked Questions about Trust Care Group Home Inc

Is Trust Care Group Home Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Trust Care Group Home Inc (EIN: 201450100) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.

Is Trust Care Group Home Inc a good charity to donate to?

Trust Care Group Home Inc has a Mission Score of 85/100. Revenue: $3.7M. Assets: $2.7M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Trust Care Group Home Inc?

The Employer Identification Number (EIN) for Trust Care Group Home Inc is 201450100. This is the unique tax ID assigned by the IRS.

What is a Mission Score?

The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.

How does Trust Care Group Home Inc spend its money?

Trust Care Group Home Inc allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Trust Care Group Home Inc's tax-exempt status?

You can verify Trust Care Group Home Inc's tax-exempt status using EIN 201450100 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.

AI Transparency Report

Trust Care Group Home Inc has demonstrated consistent growth in revenue and assets over the past decade, indicating a stable and expanding financial base. In the latest filing (202312), the organization reported revenues of $3,836,968 against expenses of $3,037,851, resulting in a surplus that contributes to asset growth. The organization's assets have grown significantly from $199,192 in 2014 to $2,409,631 in 2023, suggesting effective financial management and reinvestment into its operations.

The organization's spending efficiency appears strong, with expenses generally well below revenue, allowing for consistent asset accumulation. A notable aspect of its financial health is the reported 0% officer compensation across all available filings, which suggests a high degree of financial prudence or that executive compensation is structured in a way not reported under 'officer compensation' on the 990, or is genuinely unpaid. This practice, if accurate, could indicate a strong commitment to directing funds towards programs rather than administrative overhead.

Regarding transparency, the consistent filing of IRS Form 990s over 13 periods demonstrates a commitment to public disclosure. The absence of reported officer compensation, while potentially positive, could also raise questions about how leadership is compensated or if key personnel are volunteers, which would be important for a complete understanding of the organization's operational structure and financial commitments. Overall, the financial trajectory is positive, but further detail on compensation practices would enhance transparency.

Is Trust Care Group Home Inc Legit?

Verdict: Trust Care Group Home Inc appears trustworthy

Red Flags