Positive Tracks Inc
EIN: 455086315 · Hanover, NH · NTEE: T30
| Metric | Value |
|---|---|
| Total Revenue | $1.2M |
| Total Expenses | $1.2M |
| Net Assets | $1.5M |
Is Positive Tracks Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Positive Tracks Inc
Positive Tracks Inc (EIN: 455086315) is a nonprofit organization based in Hanover, NH, classified under NTEE code T30. The organization reported total revenue of $1.2M and total assets of $1.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Positive Tracks Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Positive Tracks Inc is a mid-size nonprofit that has been operating for 11 years, with 10 years of IRS 990 filings on record (2014–2023). Revenue has grown at a compound annual rate of 28.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.0M |
| Total Expenses | $1.2M |
| Surplus / Deficit | +$834K |
| Total Assets | $1.7M |
| Total Liabilities | $195K |
| Net Assets | $1.5M |
| Operating Margin | 41.9% |
| Debt-to-Asset Ratio | 11.4% |
| Months of Reserves | 17.6 months |
Financial Health Grade: A
In 2023, Positive Tracks Inc reported a surplus of $834K with revenue exceeding expenses, holds 17.6 months of operating reserves (strong position), has a debt-to-asset ratio of 11.4% (very low leverage).
Financial Trends
Over 10 years of filings (2014–2023), Positive Tracks Inc's revenue has grown at a compound annual growth rate (CAGR) of 28.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +107.3% | +11.8% | +83.4% |
| 2022 | +2.6% | +17.8% | +17.5% |
| 2021 | -9.8% | -11.6% | +12.0% |
| 2020 | -10.5% | -11.3% | +7.8% |
| 2019 | -0.6% | +2.2% | +0.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2015 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Positive Tracks 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 Positive Tracks 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 $834K, with revenue exceeding expenses.
- Debt-to-asset ratio: 11.4%.
Frequently Asked Questions about Positive Tracks Inc
Is Positive Tracks Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Positive Tracks Inc (EIN: 455086315) insufficient data. 0 red flags identified, 0 strengths noted.
How does Positive Tracks Inc spend its money?
Detailed spending breakdown data is not yet available for Positive Tracks Inc. Check back for updated IRS 990 analysis.
Are donations to Positive Tracks Inc tax-deductible?
Positive Tracks Inc is registered as a tax-exempt nonprofit (EIN: 455086315). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Positive Tracks Inc located?
Positive Tracks Inc is headquartered in Hanover, New Hampshire and files with the IRS under EIN 455086315. It is classified under NTEE code T30.
How many years of IRS 990 filings does Positive Tracks Inc have?
Positive Tracks Inc has 10 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 $1.2M in total revenue.
Filing History
IRS 990 filing history for Positive Tracks Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2014–2023), Positive Tracks Inc's revenue has grown by 831.7%, moving from $214K to $2.0M. Total assets increased by 782% over the same period, from $193K to $1.7M. Total functional expenses rose by 5437.4%, from $21K to $1.2M. In its most recent filing year (2023), Positive Tracks Inc reported a surplus of $834K, with revenue exceeding expenses. The organization holds $195K in liabilities against $1.7M in assets (debt-to-asset ratio: 11.4%), resulting in net assets of $1.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.0M | $1.2M | $1.7M | $195K | — | — |
| 2022 | $961K | $1.0M | $927K | $255K | — | View 990 |
| 2021 | $936K | $879K | $789K | $43K | — | View 990 |
| 2020 | $1.0M | $994K | $704K | $16K | — | View 990 |
| 2019 | $1.2M | $1.1M | $653K | $9K | — | View 990 |
| 2018 | $1.2M | $1.1M | $652K | $49K | — | View 990 |
| 2017 | $1.2M | $1.1M | $559K | $27K | — | — |
| 2016 | $1.2M | $1.2M | $469K | $38K | — | View 990 |
| 2015 | $1.2M | $945K | $472K | $37K | — | View 990 |
| 2014 | $214K | $21K | $193K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.0M, expenses of $1.2M, and assets of $1.7M (revenue +107.3% year-over-year).
- 2022: Revenue of $961K, expenses of $1.0M, and assets of $927K (revenue +2.6% year-over-year).
- 2021: Revenue of $936K, expenses of $879K, and assets of $789K (revenue -9.8% year-over-year).
- 2020: Revenue of $1.0M, expenses of $994K, and assets of $704K (revenue -10.5% year-over-year).
- 2019: Revenue of $1.2M, expenses of $1.1M, and assets of $653K (revenue -0.6% year-over-year).
- 2018: Revenue of $1.2M, expenses of $1.1M, and assets of $652K (revenue -2.6% year-over-year).
- 2017: Revenue of $1.2M, expenses of $1.1M, and assets of $559K (revenue -2.3% year-over-year).
- 2016: Revenue of $1.2M, expenses of $1.2M, and assets of $469K (revenue +6.5% year-over-year).
- 2015: Revenue of $1.2M, expenses of $945K, and assets of $472K (revenue +438.8% year-over-year).
- 2014: Revenue of $214K, expenses of $21K, and assets of $193K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Positive Tracks Inc:
Data Sources and Methodology
This transparency report for Positive Tracks 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.