Net Treatment Services Inc
Net Treatment Services Inc: Stable Revenue, Declining Assets, and High Liabilities
EIN: 222697033 · Philadelphia, PA · NTEE: F22Z · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $18.1M |
| Total Expenses | $18.5M |
| Program Spending | 80% |
| CEO/Top Officer Pay | $0 |
| Net Assets | $-1,896,436 |
| Transparency Score | 75/100 |
Is Net Treatment Services Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Net Treatment Services Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Net Treatment Services Inc
Net Treatment Services Inc (EIN: 222697033) is a nonprofit organization based in Philadelphia, PA, classified under NTEE code F22Z. The organization reported total revenue of $18.1M and total assets of $6.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Net Treatment Services Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Net Treatment Services Inc is a large nonprofit that has been operating for 40 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -5.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $18.1M |
| Total Expenses | $18.5M |
| Surplus / Deficit | $-428,381 |
| Total Assets | $6.4M |
| Total Liabilities | $8.3M |
| Net Assets | $-1,896,436 |
| Operating Margin | -2.4% |
| Debt-to-Asset Ratio | 129.7% |
| Months of Reserves | 4.1 months |
Financial Health Grade: C
In 2023, Net Treatment Services Inc reported a deficit of $428K with expenses exceeding revenue, holds 4.1 months of operating reserves (adequate), has a debt-to-asset ratio of 129.7% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Net Treatment Services Inc's revenue has declined at a compound annual growth rate (CAGR) of -5.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -1.3% | -3.4% | -8.4% |
| 2022 | +4.2% | +7.1% | -2.0% |
| 2021 | +3.1% | +4.2% | +34.4% |
| 2020 | -5.8% | -6.8% | -28.2% |
| 2019 | +0.9% | +1.4% | -3.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1986 |
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 Net Treatment Services 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: 80%
- fundraising: 10%
According to IRS 990 filings, Net Treatment Services Inc allocates its expenses as follows: admin: 10%, programs: 80%, fundraising: 10%. With 80% 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 $428K, with expenses exceeding revenue.
- Debt-to-asset ratio: 129.7%.
Executive Compensation Analysis
Executive compensation is reported as $0 across all available filings, which warrants further investigation as it is highly improbable for an organization with revenues exceeding $18 million.
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 Net Treatment Services Inc's IRS 990 filings:
- Consistent reporting of $0 executive compensation raises concerns about transparency and accuracy of financial disclosures.
- Total assets have steadily declined from $7,610,214 in 2018 to $6,376,467 in 2023, while liabilities remain high.
- Liabilities consistently exceed 100% of assets in several years, indicating potential financial instability.
Strengths
The following positive indicators were identified for Net Treatment Services Inc:
- Revenue has remained relatively stable over the past five years, hovering around $18 million annually.
- The organization has a long operating history with consistent financial filings.
Frequently Asked Questions about Net Treatment Services Inc
Is Net Treatment Services Inc a legitimate charity?
Net Treatment Services Inc (EIN: 222697033) is a registered tax-exempt nonprofit based in Pennsylvania. Our AI analysis gives it a Mission Score of 75/100. It has 13 years of IRS 990 filings on record. Total revenue: $18.1M. 3 red flags identified. 2 strengths noted. Financial health grade: C.
How does Net Treatment Services Inc spend its money?
Net Treatment Services Inc directs 80% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to Net Treatment Services Inc tax-deductible?
Net Treatment Services Inc is registered as a tax-exempt nonprofit (EIN: 222697033). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Net Treatment Services Inc CEO make?
Net Treatment Services Inc's highest-compensated officer earns $0 annually. The organization reported $18.1M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Net Treatment Services Inc's spending goes to programs?
Net Treatment Services Inc directs 80% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Net Treatment Services Inc compare to similar nonprofits?
With a transparency score of 75/100 (Good), Net Treatment Services Inc is above average for NTEE category F22Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Net Treatment Services Inc located?
Net Treatment Services Inc is headquartered in Philadelphia, Pennsylvania and files with the IRS under EIN 222697033. It is classified under NTEE code F22Z.
How many years of IRS 990 filings does Net Treatment Services Inc have?
Net Treatment Services Inc has 13 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 $18.1M in total revenue.
What does Net Treatment Services Inc do?
Net Treatment Services Inc is a nonprofit organization in the Mental Health & Crisis Intervention sector, located in Philadelphia, Pennsylvania. It is classified under NTEE code F22Z.
How much revenue does Net Treatment Services Inc have?
Net Treatment Services Inc reported total revenue of $18,088,446. Based on 13 IRS 990 filings on record.
What are Net Treatment Services Inc's total assets?
Net Treatment Services Inc holds total assets of $6,376,467 as reported in IRS 990 filings.
Where is Net Treatment Services Inc located?
Net Treatment Services Inc is based in Philadelphia, Pennsylvania.
What is Net Treatment Services Inc's EIN?
Net Treatment Services Inc's Employer Identification Number (EIN) is 222697033. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Net Treatment Services Inc?
Net Treatment Services Inc is classified under NTEE code F22Z (Mental Health & Crisis Intervention).
Is Net Treatment Services Inc a registered 501(c)(3)?
Yes, Net Treatment Services Inc is recognized as a tax-exempt organization by the IRS. EIN: 222697033.
Does Net Treatment Services Inc file IRS Form 990?
Yes, Net Treatment Services Inc has 13 IRS Form 990 filings on record. The most recent covers tax period 202306.
What was Net Treatment Services Inc's revenue in 2023?
In the 202306 filing period, Net Treatment Services Inc reported total revenue of $18,088,446, total expenses of $18,516,827, and net assets of $6,376,467.
Is Net Treatment Services Inc's revenue growing or declining?
Net Treatment Services Inc's revenue is relatively stable. Revenue went from $18,333,510 (202206) to $18,088,446 (202306), a -1.3% change. Based on 13 filings on record.
What is Net Treatment Services Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Net Treatment Services Inc covers tax period 202306. It shows revenue of $18,088,446, expenses of $18,516,827, total assets of $6,376,467, and liabilities of $8,272,903.
How much does Net Treatment Services Inc spend on programs vs administration?
Based on IRS 990 analysis, Net Treatment Services Inc allocates approximately 80% of expenses to program services, 10% to administrative costs, and 10% to fundraising. This indicates strong program focus.
Is Net Treatment Services Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Net Treatment Services Inc appears trustworthy. Mission Score: 75/100 (Good). 3 red flags identified. 2 strengths noted.
What are the red flags for Net Treatment Services Inc?
The following concerns were identified: Consistent reporting of $0 executive compensation raises concerns about transparency and accuracy of financial disclosures.. Total assets have steadily declined from $7,610,214 in 2018 to $6,376,467 in 2023, while liabilities remain high.. Liabilities consistently exceed 100% of assets in several years, indicating potential financial instability.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Net Treatment Services Inc's strengths?
Positive indicators for Net Treatment Services Inc include: Revenue has remained relatively stable over the past five years, hovering around $18 million annually.. The organization has a long operating history with consistent financial filings.. These findings are derived from AI analysis of the organization's financial filings.
How does Net Treatment Services Inc compensate executives?
Executive compensation is reported as $0 across all available filings, which warrants further investigation as it is highly improbable for an organization with revenues exceeding $18 million. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the reported $0 executive compensation, how does Net Treatment Services Inc compensate its leadership, and what is the actual cost of executive management?
The filings consistently show $0 for compensation to officers, directors, trustees, and key employees. This suggests that executive compensation may be reported under other expense categories or that the organization relies heavily on volunteer leadership, which would be unusual for an entity with over $18 million in revenue.
What is the cause of the consistent decline in total assets from $7,610,214 in 2018 to $6,376,467 in 2023, and how does this impact the organization's long-term financial health?
The consistent decline in assets, coupled with high liabilities (e.g., $8,272,903 in 2023), indicates a potential erosion of the organization's financial base. This trend could limit future investment in programs and operational capacity, potentially impacting its ability to sustain services.
Filing History
IRS 990 filing history for Net Treatment Services Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Net Treatment Services Inc's revenue has declined by 49.5%, moving from $35.8M to $18.1M. Total assets decreased by 29.2% over the same period, from $9.0M to $6.4M. Total functional expenses fell by 44.9%, from $33.6M to $18.5M. In its most recent filing year (2023), Net Treatment Services Inc reported a deficit of $428K, with expenses exceeding revenue. The organization holds $8.3M in liabilities against $6.4M in assets (debt-to-asset ratio: 129.7%), resulting in net assets of $-1,896,436.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $18.1M | $18.5M | $6.4M | $8.3M | — | — |
| 2022 | $18.3M | $19.2M | $7.0M | $8.4M | — | View 990 |
| 2021 | $17.6M | $17.9M | $7.1M | $7.7M | — | — |
| 2020 | $17.1M | $17.2M | $5.3M | $5.6M | — | View 990 |
| 2019 | $18.1M | $18.4M | $7.4M | $7.6M | — | View 990 |
| 2018 | $17.9M | $18.2M | $7.6M | $7.5M | — | View 990 |
| 2017 | $37.8M | $37.9M | $11.7M | $11.4M | — | View 990 |
| 2016 | $33.1M | $33.4M | $7.0M | $6.4M | — | View 990 |
| 2015 | $24.0M | $24.2M | $8.8M | $8.0M | — | View 990 |
| 2014 | $8.8M | $8.3M | $4.4M | $3.7M | — | View 990 |
| 2013 | $38.6M | $37.8M | $10.6M | $2.5M | — | View 990 |
| 2012 | $38.9M | $37.7M | $9.5M | $2.2M | — | View 990 |
| 2011 | $35.8M | $33.6M | $9.0M | $3.0M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $18.1M, expenses of $18.5M, and assets of $6.4M (revenue -1.3% year-over-year).
- 2022: Revenue of $18.3M, expenses of $19.2M, and assets of $7.0M (revenue +4.2% year-over-year).
- 2021: Revenue of $17.6M, expenses of $17.9M, and assets of $7.1M (revenue +3.1% year-over-year).
- 2020: Revenue of $17.1M, expenses of $17.2M, and assets of $5.3M (revenue -5.8% year-over-year).
- 2019: Revenue of $18.1M, expenses of $18.4M, and assets of $7.4M (revenue +0.9% year-over-year).
- 2018: Revenue of $17.9M, expenses of $18.2M, and assets of $7.6M (revenue -52.5% year-over-year).
- 2017: Revenue of $37.8M, expenses of $37.9M, and assets of $11.7M (revenue +13.9% year-over-year).
- 2016: Revenue of $33.1M, expenses of $33.4M, and assets of $7.0M (revenue +38.3% year-over-year).
- 2015: Revenue of $24.0M, expenses of $24.2M, and assets of $8.8M (revenue +172.9% year-over-year).
- 2014: Revenue of $8.8M, expenses of $8.3M, and assets of $4.4M (revenue -77.2% year-over-year).
- 2013: Revenue of $38.6M, expenses of $37.8M, and assets of $10.6M (revenue -1.0% year-over-year).
- 2012: Revenue of $38.9M, expenses of $37.7M, and assets of $9.5M (revenue +8.7% year-over-year).
- 2011: Revenue of $35.8M, expenses of $33.6M, and assets of $9.0M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Net Treatment Services Inc:
Data Sources and Methodology
This transparency report for Net Treatment Services 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.