Is Twin County Recovery Services Inc Legit?…

Quick charity verification for Twin County Recovery Services Inc (EIN: 141556542)

Red Flags

Significant increase in liabilities from $196,284 in 2019 to $3,388,798 in 2023, which needs further context.
NTEE code is unknown, limiting specific programmatic context.
Absence of reported officer compensation for an organization with over $6 million in revenue could indicate alternative compensation structures or a fully volunteer executive board, which requires clarification for full transparency.

Strengths

Consistent revenue growth, particularly in the last two years, from $3.89M in 2021 to $6.28M in 2023.
Positive net assets, with assets exceeding liabilities ($4,873,044 vs. $3,388,798 in 2023).
History of consistent IRS 990 filings, indicating good compliance.
Expenses generally kept below or close to revenue, indicating sound financial management (e.g., $5,506,207 expenses vs. $6,280,370 revenue in 2023).

Spending Breakdown

How Twin County Recovery Services Inc allocates its funds across programs, administration, and fundraising.

80%

Program Spending

Healthy — majority goes to mission

15%

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 Twin County Recovery Services Inc

Is Twin County Recovery Services Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Twin County Recovery Services Inc (EIN: 141556542) appears trustworthy. Mission Score: 75/100. 3 red flags identified, 4 strengths noted.

Is Twin County Recovery Services Inc a good charity to donate to?

Twin County Recovery Services Inc has a Mission Score of 75/100. Revenue: $5.3M. Assets: $4.4M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Twin County Recovery Services Inc?

The Employer Identification Number (EIN) for Twin County Recovery Services Inc is 141556542. 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 Twin County Recovery Services Inc spend its money?

Twin County Recovery Services Inc allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Twin County Recovery Services Inc's tax-exempt status?

You can verify Twin County Recovery Services Inc's tax-exempt status using EIN 141556542 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

Twin County Recovery Services Inc demonstrates a generally stable financial position with consistent revenue growth in recent years, reaching $6,280,370 in 2023. The organization has maintained positive net assets, with assets of $4,873,044 against liabilities of $3,388,798 in 2023, indicating a healthy balance sheet. While the NTEE code is unknown, which can sometimes hinder a full understanding of its specific programmatic focus, the consistent operations and growth suggest effective management of its resources.

The organization's spending efficiency appears sound, with expenses generally tracking below or close to revenue, allowing for some accumulation of assets. For instance, in 2023, expenses were $5,506,207 against revenues of $6,280,370, resulting in a surplus. The absence of reported officer compensation across all available filings is a notable aspect of its financial structure, suggesting that executive leadership may be compensated through other means or that the organization operates with a volunteer-led executive board, which could be a strength in terms of resource allocation. However, without a detailed breakdown of functional expenses (program, administrative, fundraising), a precise assessment of spending efficiency is limited.

Transparency is moderately good given the available data. The consistent filing of IRS Form 990s over many years provides a clear historical financial picture. However, the lack of an NTEE code and the absence of specific functional expense breakdowns in the provided summary data prevent a deeper analysis of how funds are allocated across programs, administration, and fundraising. This makes it challenging to fully evaluate the organization's commitment to programmatic spending versus overhead.

Is Twin County Recovery Services Inc Legit?

Verdict: Twin County Recovery Services Inc appears trustworthy