Morris County Track Coaches Association Inc
Morris County Track Coaches Association maintains consistent revenue but has seen a substantial decline in assets over the last decade.
EIN: 203434991 · Randolph, NJ · NTEE: N60 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $173K |
| Total Expenses | $167K |
| Program Spending | 85% |
| Net Assets | $28K |
| Transparency Score | 75/100 |
Is Morris County Track Coaches Association Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Morris County Track Coaches Association Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Morris County Track Coaches Association Inc
Morris County Track Coaches Association Inc (EIN: 203434991) is a nonprofit organization based in Randolph, NJ, classified under NTEE code N60. The organization reported total revenue of $173K and total assets of $31K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Morris County Track Coaches Association Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Morris County Track Coaches Association Inc is a small nonprofit that has been operating for 17 years, with 11 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $161K |
| Total Expenses | $167K |
| Surplus / Deficit | $-5,620 |
| Total Assets | $28K |
| Net Assets | $28K |
| Operating Margin | -3.5% |
| Months of Reserves | 2.0 months |
Financial Health Grade: C
In 2023, Morris County Track Coaches Association Inc reported a deficit of $6K with expenses exceeding revenue, holds 2.0 months of operating reserves (limited).
Financial Trends
Over 11 years of filings (2011–2023), Morris County Track Coaches Association Inc's revenue has grown at a compound annual growth rate (CAGR) of 3.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +2.3% | +24.1% | -75.5% |
| 2020 | -17.2% | -37.3% | +28.9% |
| 2019 | +2.6% | +14.9% | -21.2% |
| 2018 | +6.0% | +4.4% | -0.9% |
| 2017 | -5.9% | +0.3% | -3.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2009 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Morris County Track Coaches Association Inc with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Morris County Track Coaches Association Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $6K, with expenses exceeding revenue.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that its leadership is likely volunteer-based or compensated through non-officer roles, which is a positive sign for resource allocation.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Morris County Track Coaches Association Inc's IRS 990 filings:
- Significant decline in assets over the past decade (from $119,094 in 2013 to $31,149 currently)
- Frequent operation with expenses exceeding revenue, indicating tight financial management or reliance on reserves.
Strengths
The following positive indicators were identified for Morris County Track Coaches Association Inc:
- Consistent revenue generation over a long period (typically $140k-$190k annually)
- No reported liabilities across all filings, indicating a debt-free status
- 0% officer compensation reported, suggesting volunteer leadership or efficient use of funds for mission-related activities
- Consistent IRS 990 filing history, demonstrating commitment to transparency
Frequently Asked Questions about Morris County Track Coaches Association Inc
Is Morris County Track Coaches Association Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Morris County Track Coaches Association Inc (EIN: 203434991) some concerns. Mission Score: 75/100. 2 red flags identified, 4 strengths noted.
How does Morris County Track Coaches Association Inc spend its money?
Morris County Track Coaches Association Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Morris County Track Coaches Association Inc tax-deductible?
Morris County Track Coaches Association Inc is registered as a tax-exempt nonprofit (EIN: 203434991). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Morris County Track Coaches Association Inc's spending goes to programs?
Morris County Track Coaches Association Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Morris County Track Coaches Association Inc compare to similar nonprofits?
With a transparency score of 75/100 (Good), Morris County Track Coaches Association Inc is above average for NTEE category N60 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Morris County Track Coaches Association Inc located?
Morris County Track Coaches Association Inc is headquartered in Randolph, New Jersey and files with the IRS under EIN 203434991. It is classified under NTEE code N60.
How many years of IRS 990 filings does Morris County Track Coaches Association Inc have?
Morris County Track Coaches Association Inc has 11 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $173K in total revenue.
Why have the organization's assets decreased significantly from $119,094 in 2013 to $31,149 currently?
The provided data shows a clear trend of declining assets, from a peak of $119,094 in 2013 to $28,168 in 2023 and $31,149 currently. The IRS 990 filings do not provide a narrative explanation for this trend, which would require reviewing the full financial statements or contacting the organization directly.
Does the organization operate with a surplus or deficit annually?
The organization frequently operates with a slight deficit, with expenses often exceeding revenue, such as in 2023 (expenses $166,801 vs. revenue $161,181) and 2019 (expenses $214,282 vs. revenue $190,335). However, there are also years with surpluses, like 2020 (revenue $157,547 vs. expenses $134,356), indicating a generally tight operational margin.
How does the organization manage to operate without officer compensation?
The consistent reporting of 0% officer compensation suggests that the organization's officers are either volunteers or are compensated in a manner not classified as officer compensation on the Form 990, such as through contractor fees or other employee classifications. This is a common practice for smaller, volunteer-driven nonprofits.
Filing History
IRS 990 filing history for Morris County Track Coaches Association Inc showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2011–2023), Morris County Track Coaches Association Inc's revenue has grown by 52.8%, moving from $105K to $161K. Total assets decreased by 71.1% over the same period, from $98K to $28K. Total functional expenses rose by 23.6%, from $135K to $167K. In its most recent filing year (2023), Morris County Track Coaches Association Inc reported a deficit of $6K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $161K | $167K | $28K | $0 | — | View 990 |
| 2020 | $158K | $134K | $115K | $0 | — | — |
| 2019 | $190K | $214K | $89K | $0 | — | View 990 |
| 2018 | $185K | $187K | $113K | $0 | — | View 990 |
| 2017 | $175K | $179K | $114K | $0 | — | View 990 |
| 2016 | $186K | $178K | $118K | $0 | — | View 990 |
| 2015 | $141K | $147K | $110K | $0 | — | View 990 |
| 2014 | $171K | $174K | $116K | $0 | — | View 990 |
| 2013 | $175K | $170K | $119K | $0 | — | View 990 |
| 2012 | $165K | $139K | $115K | $0 | — | View 990 |
| 2011 | $105K | $135K | $98K | $9K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $161K, expenses of $167K, and assets of $28K (revenue +2.3% year-over-year).
- 2020: Revenue of $158K, expenses of $134K, and assets of $115K (revenue -17.2% year-over-year).
- 2019: Revenue of $190K, expenses of $214K, and assets of $89K (revenue +2.6% year-over-year).
- 2018: Revenue of $185K, expenses of $187K, and assets of $113K (revenue +6.0% year-over-year).
- 2017: Revenue of $175K, expenses of $179K, and assets of $114K (revenue -5.9% year-over-year).
- 2016: Revenue of $186K, expenses of $178K, and assets of $118K (revenue +31.8% year-over-year).
- 2015: Revenue of $141K, expenses of $147K, and assets of $110K (revenue -17.4% year-over-year).
- 2014: Revenue of $171K, expenses of $174K, and assets of $116K (revenue -2.3% year-over-year).
- 2013: Revenue of $175K, expenses of $170K, and assets of $119K (revenue +5.9% year-over-year).
- 2012: Revenue of $165K, expenses of $139K, and assets of $115K (revenue +56.3% year-over-year).
- 2011: Revenue of $105K, expenses of $135K, and assets of $98K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Morris County Track Coaches Association Inc:
Data Sources and Methodology
This transparency report for Morris County Track Coaches Association 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.