North Country Transitional Living Services Inc
North Country Transitional Living Services Inc maintains strong asset growth and reports no officer compensation over a decade.
EIN: 161104065 · Watertown, NY · NTEE: F320 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $14.1M |
| Total Expenses | $12.4M |
| Program Spending | 85% |
| Net Assets | $8.2M |
| Transparency Score | 90/100 |
Is North Country Transitional Living Services Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
North Country Transitional Living Services Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About North Country Transitional Living Services Inc
North Country Transitional Living Services Inc (EIN: 161104065) is a nonprofit organization based in Watertown, NY, classified under NTEE code F320. The organization reported total revenue of $14.1M and total assets of $13.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of North Country Transitional Living Services Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
North Country Transitional Living Services Inc is a large nonprofit that has been operating for 47 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 6.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $12.1M |
| Total Expenses | $12.4M |
| Surplus / Deficit | $-354,001 |
| Total Assets | $13.2M |
| Total Liabilities | $5.0M |
| Net Assets | $8.2M |
| Operating Margin | -2.9% |
| Debt-to-Asset Ratio | 37.7% |
| Months of Reserves | 12.7 months |
Financial Health Grade: B
In 2023, North Country Transitional Living Services Inc reported a deficit of $354K with expenses exceeding revenue, holds 12.7 months of operating reserves (strong position), has a debt-to-asset ratio of 37.7% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), North Country Transitional Living Services Inc's revenue has grown at a compound annual growth rate (CAGR) of 6.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +2.1% | +6.6% | -4.0% |
| 2022 | +6.7% | +14.0% | +10.8% |
| 2021 | -4.9% | +3.3% | +7.7% |
| 2020 | +13.5% | +0.1% | +15.5% |
| 2019 | -2.1% | -3.4% | +0.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1979 |
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 North Country Transitional Living Services Inc with a Mission Score of 90 out of 100 (Excellent). 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, North Country Transitional Living Services 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 $354K, with expenses exceeding revenue.
- Debt-to-asset ratio: 37.7%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that its highest-ranking executives are not paid directly by the organization, which is highly unusual and suggests a strong commitment to minimizing overhead at the top.
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 North Country Transitional Living Services Inc's IRS 990 filings:
- Slight deficit in the latest fiscal period (202312) where expenses exceeded revenue by $354,001.
Strengths
The following positive indicators were identified for North Country Transitional Living Services Inc:
- Consistent asset growth from $5.8M in 2014 to $13.1M in 2023.
- Zero reported officer compensation across all 13 filings, indicating high efficiency and dedication.
- Long history of consistent IRS 990 filings (13 filings), demonstrating transparency.
- Generally stable revenue and expense management over a decade.
Frequently Asked Questions about North Country Transitional Living Services Inc
Is North Country Transitional Living Services Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, North Country Transitional Living Services Inc (EIN: 161104065) some concerns. Mission Score: 90/100. 1 red flag identified, 4 strengths noted.
How does North Country Transitional Living Services Inc spend its money?
North Country Transitional Living Services Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to North Country Transitional Living Services Inc tax-deductible?
North Country Transitional Living Services Inc is registered as a tax-exempt nonprofit (EIN: 161104065). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of North Country Transitional Living Services Inc's spending goes to programs?
North Country Transitional Living Services Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does North Country Transitional Living Services Inc compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), North Country Transitional Living Services Inc is above average for NTEE category F320 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is North Country Transitional Living Services Inc located?
North Country Transitional Living Services Inc is headquartered in Watertown, New York and files with the IRS under EIN 161104065. It is classified under NTEE code F320.
How many years of IRS 990 filings does North Country Transitional Living Services Inc have?
North Country Transitional Living 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 $14.1M in total revenue.
Is North Country Transitional Living Services Inc a good charity?
Based on the provided data, North Country Transitional Living Services Inc appears to be a good charity. It demonstrates strong asset growth, consistent financial reporting, and notably, zero reported officer compensation across all filings, suggesting a high dedication to its mission and efficient use of funds.
How has the organization's financial health changed over time?
The organization's financial health has generally improved over time, with assets growing from $5,882,365 in 2014 to $13,165,015 in 2023. While there was a slight deficit in 2023 ($12,086,428 revenue vs. $12,440,429 expenses), this is an anomaly in a trend of revenues generally exceeding or closely matching expenses.
What is the significance of 'Officer Comp=0%'?
The 'Officer Comp=0%' across all filings is highly significant. It means that the organization's top officers are not receiving compensation directly from the nonprofit, which is a strong indicator of financial prudence, a commitment to directing resources to programs, and potentially a volunteer-led executive structure.
Filing History
IRS 990 filing history for North Country Transitional Living Services Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), North Country Transitional Living Services Inc's revenue has grown by 102.1%, moving from $6.0M to $12.1M. Total assets increased by 108.7% over the same period, from $6.3M to $13.2M. Total functional expenses rose by 112.1%, from $5.9M to $12.4M. In its most recent filing year (2023), North Country Transitional Living Services Inc reported a deficit of $354K, with expenses exceeding revenue. The organization holds $5.0M in liabilities against $13.2M in assets (debt-to-asset ratio: 37.7%), resulting in net assets of $8.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $12.1M | $12.4M | $13.2M | $5.0M | — | View 990 |
| 2022 | $11.8M | $11.7M | $13.7M | $5.2M | — | View 990 |
| 2021 | $11.1M | $10.2M | $12.4M | $3.9M | — | View 990 |
| 2020 | $11.7M | $9.9M | $11.5M | $3.9M | — | View 990 |
| 2019 | $10.3M | $9.9M | $10.0M | $4.1M | — | — |
| 2018 | $10.5M | $10.3M | $9.9M | $4.4M | — | View 990 |
| 2017 | $10.0M | $10.5M | $9.5M | $4.3M | — | View 990 |
| 2016 | $12.8M | $9.5M | $9.6M | $3.9M | — | View 990 |
| 2015 | $8.8M | $8.9M | $6.5M | $4.1M | — | View 990 |
| 2014 | $8.7M | $8.6M | $5.9M | $3.4M | — | View 990 |
| 2013 | $8.2M | $8.2M | $5.9M | $3.5M | — | View 990 |
| 2012 | $7.0M | $7.3M | $6.1M | $3.8M | — | View 990 |
| 2011 | $6.0M | $5.9M | $6.3M | $3.7M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $12.1M, expenses of $12.4M, and assets of $13.2M (revenue +2.1% year-over-year).
- 2022: Revenue of $11.8M, expenses of $11.7M, and assets of $13.7M (revenue +6.7% year-over-year).
- 2021: Revenue of $11.1M, expenses of $10.2M, and assets of $12.4M (revenue -4.9% year-over-year).
- 2020: Revenue of $11.7M, expenses of $9.9M, and assets of $11.5M (revenue +13.5% year-over-year).
- 2019: Revenue of $10.3M, expenses of $9.9M, and assets of $10.0M (revenue -2.1% year-over-year).
- 2018: Revenue of $10.5M, expenses of $10.3M, and assets of $9.9M (revenue +5.3% year-over-year).
- 2017: Revenue of $10.0M, expenses of $10.5M, and assets of $9.5M (revenue -22.3% year-over-year).
- 2016: Revenue of $12.8M, expenses of $9.5M, and assets of $9.6M (revenue +45.2% year-over-year).
- 2015: Revenue of $8.8M, expenses of $8.9M, and assets of $6.5M (revenue +1.7% year-over-year).
- 2014: Revenue of $8.7M, expenses of $8.6M, and assets of $5.9M (revenue +6.1% year-over-year).
- 2013: Revenue of $8.2M, expenses of $8.2M, and assets of $5.9M (revenue +17.7% year-over-year).
- 2012: Revenue of $7.0M, expenses of $7.3M, and assets of $6.1M (revenue +16.3% year-over-year).
- 2011: Revenue of $6.0M, expenses of $5.9M, and assets of $6.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for North Country Transitional Living Services Inc:
Data Sources and Methodology
This transparency report for North Country Transitional Living 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.