Jack Trottier Foundation Inc
EIN: 880612611 · Tyngsboro, MA · NTEE: P12
| Metric | Value |
|---|---|
| Total Revenue | $543K |
| Total Expenses | $151K |
| Net Assets | $374K |
Is Jack Trottier Foundation Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Jack Trottier Foundation Inc
Jack Trottier Foundation Inc (EIN: 880612611) is a nonprofit organization based in Tyngsboro, MA, classified under NTEE code P12. The organization reported total revenue of $543K and total assets of $565K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Jack Trottier Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Jack Trottier Foundation Inc is a small nonprofit that has been operating for 4 years, with 2 years of IRS 990 filings on record (2022–2023). Revenue has grown at a compound annual rate of 554.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $466K |
| Total Expenses | $151K |
| Surplus / Deficit | +$316K |
| Total Assets | $376K |
| Total Liabilities | $3K |
| Net Assets | $374K |
| Operating Margin | 67.7% |
| Debt-to-Asset Ratio | 0.7% |
| Months of Reserves | 30.0 months |
Financial Health Grade: A
In 2023, Jack Trottier Foundation Inc reported a surplus of $316K with revenue exceeding expenses, holds 30.0 months of operating reserves (strong position), has a debt-to-asset ratio of 0.7% (very low leverage).
Financial Trends
Over 2 years of filings (2022–2023), Jack Trottier Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 554.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +554.3% | +996.0% | +553.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2022 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Jack Trottier Foundation Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Jack Trottier Foundation Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $316K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.7%.
Frequently Asked Questions about Jack Trottier Foundation Inc
Is Jack Trottier Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Jack Trottier Foundation Inc (EIN: 880612611) insufficient data. 0 red flags identified, 0 strengths noted.
How does Jack Trottier Foundation Inc spend its money?
Detailed spending breakdown data is not yet available for Jack Trottier Foundation Inc. Check back for updated IRS 990 analysis.
Are donations to Jack Trottier Foundation Inc tax-deductible?
Jack Trottier Foundation Inc is registered as a tax-exempt nonprofit (EIN: 880612611). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Jack Trottier Foundation Inc located?
Jack Trottier Foundation Inc is headquartered in Tyngsboro, Massachusetts and files with the IRS under EIN 880612611. It is classified under NTEE code P12.
How many years of IRS 990 filings does Jack Trottier Foundation Inc have?
Jack Trottier Foundation Inc has 2 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $543K in total revenue.
Filing History
IRS 990 filing history for Jack Trottier Foundation Inc showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2022–2023), Jack Trottier Foundation Inc's revenue has grown by 554.3%, moving from $71K to $466K. Total assets increased by 553.4% over the same period, from $58K to $376K. Total functional expenses rose by 996%, from $14K to $151K. In its most recent filing year (2023), Jack Trottier Foundation Inc reported a surplus of $316K, with revenue exceeding expenses. The organization holds $3K in liabilities against $376K in assets (debt-to-asset ratio: 0.7%), resulting in net assets of $374K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $466K | $151K | $376K | $3K | — | View 990 |
| 2022 | $71K | $14K | $58K | $0 | — | — |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Jack Trottier Foundation Inc:
Data Sources and Methodology
This transparency report for Jack Trottier Foundation Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.