Reno Tahoe Young Professionals Network
Reno Tahoe Young Professionals Network operates on a modest budget with volunteer leadership, often spending slightly more than it earns.
EIN: 208288587 · Reno, NV · NTEE: S41 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $57K |
| Total Expenses | $60K |
| Program Spending | 80% |
| Net Assets | $17K |
| Transparency Score | 85/100 |
Is Reno Tahoe Young Professionals Network Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Reno Tahoe Young Professionals Network directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Reno Tahoe Young Professionals Network
Reno Tahoe Young Professionals Network (EIN: 208288587) is a nonprofit organization based in Reno, NV, classified under NTEE code S41. The organization reported total revenue of $57K and total assets of $10K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Reno Tahoe Young Professionals Network's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Reno Tahoe Young Professionals Network is a micro nonprofit that has been operating for 17 years, with 12 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of 1.7%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $58K |
| Total Expenses | $60K |
| Surplus / Deficit | $-2,577 |
| Total Assets | $17K |
| Net Assets | $17K |
| Operating Margin | -4.5% |
| Months of Reserves | 3.3 months |
Financial Health Grade: B
In 2024, Reno Tahoe Young Professionals Network reported a deficit of $3K with expenses exceeding revenue, holds 3.3 months of operating reserves (adequate).
Financial Trends
Over 12 years of filings (2012–2024), Reno Tahoe Young Professionals Network's revenue has grown at a compound annual growth rate (CAGR) of 1.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +13.1% | +3.6% | -13.5% |
| 2023 | -22.7% | -10.2% | -27.8% |
| 2022 | +16.8% | +57.1% | +0.6% |
| 2021 | +21.5% | -23.7% | +133.4% |
| 2020 | -35.1% | -26.6% | -37.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| 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 Reno Tahoe Young Professionals Network with a Mission Score of 85 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Reno Tahoe Young Professionals Network allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $3K, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation is consistently reported at 0% across all available filings, indicating that the organization is led by volunteers and does not allocate any funds to paid officers, which is highly efficient for an organization of its size.
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 Reno Tahoe Young Professionals Network's IRS 990 filings:
- Expenses frequently exceed revenue: In 2024, expenses were $60,270 against $57,693 revenue; in 2023, $58,177 expenses against $51,017 revenue, indicating potential reliance on reserves or future income.
Strengths
The following positive indicators were identified for Reno Tahoe Young Professionals Network:
- Zero Officer Compensation: Consistently reports 0% officer compensation across all filings, demonstrating strong volunteer leadership and efficient use of funds.
- Consistent Filing History: Has a robust history of 12 IRS 990 filings, indicating transparency and compliance.
- Low Liabilities: Consistently reports very low or zero liabilities, such as $0 in 2024 and 2023, reflecting responsible financial management.
- Program Focus: The absence of paid executive staff suggests a high proportion of funds are directed towards program activities and mission delivery.
Frequently Asked Questions about Reno Tahoe Young Professionals Network
Is Reno Tahoe Young Professionals Network a legitimate charity?
Reno Tahoe Young Professionals Network (EIN: 208288587) is a registered tax-exempt nonprofit based in Nevada. Our AI analysis gives it a Mission Score of 85/100. It has 12 years of IRS 990 filings on record. Total revenue: $57K. 1 red flag identified. 4 strengths noted. Financial health grade: B.
How does Reno Tahoe Young Professionals Network spend its money?
Reno Tahoe Young Professionals Network directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Reno Tahoe Young Professionals Network tax-deductible?
Reno Tahoe Young Professionals Network is registered as a tax-exempt nonprofit (EIN: 208288587). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Reno Tahoe Young Professionals Network's spending goes to programs?
Reno Tahoe Young Professionals Network directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Reno Tahoe Young Professionals Network compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Reno Tahoe Young Professionals Network is above average for NTEE category S41 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Reno Tahoe Young Professionals Network located?
Reno Tahoe Young Professionals Network is headquartered in Reno, Nevada and files with the IRS under EIN 208288587. It is classified under NTEE code S41.
How many years of IRS 990 filings does Reno Tahoe Young Professionals Network have?
Reno Tahoe Young Professionals Network has 12 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 $57K in total revenue.
Is Reno Tahoe Young Professionals Network a good charity?
Based on its financial data, RTYPN appears to be a good charity for its scale. It operates with 0% officer compensation, indicating strong volunteer commitment, and maintains a consistent filing history. While it occasionally spends more than it earns, this is common for small nonprofits, and its overall financial health is stable.
How does RTYPN manage its finances given fluctuating revenues?
RTYPN manages its finances by relying on volunteer leadership (0% officer compensation) and likely careful budgeting. In years where expenses exceed revenue (e.g., 2024, 2023), it likely draws from accumulated surpluses from prior profitable years (e.g., 2021, 2016) or manages cash flow tightly.
What is the organization's long-term financial stability?
The organization's long-term financial stability appears reasonable for its size. While assets are modest ($9,949 latest), it has operated consistently for over a decade with no significant liabilities, suggesting a sustainable model supported by its community and volunteer base.
Filing History
IRS 990 filing history for Reno Tahoe Young Professionals Network showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2024), Reno Tahoe Young Professionals Network's revenue has grown by 21.8%, moving from $47K to $58K. Total assets decreased by 20.5% over the same period, from $21K to $17K. Total functional expenses fell by 0.6%, from $61K to $60K. In its most recent filing year (2024), Reno Tahoe Young Professionals Network reported a deficit of $3K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $58K | $60K | $17K | $0 | — | — |
| 2023 | $51K | $58K | $19K | $0 | — | View 990 |
| 2022 | $66K | $65K | $26K | $200 | — | — |
| 2021 | $56K | $41K | $26K | $1K | — | — |
| 2020 | $46K | $54K | $11K | $1K | — | — |
| 2019 | $72K | $74K | $18K | $584 | — | View 990 |
| 2018 | $83K | $93K | $20K | $739 | — | View 990 |
| 2017 | $75K | $79K | $30K | $633 | — | View 990 |
| 2016 | $85K | $72K | $34K | $0 | — | View 990 |
| 2014 | $44K | $42K | $7K | $0 | — | View 990 |
| 2013 | $39K | $55K | $5K | $0 | — | View 990 |
| 2012 | $47K | $61K | $21K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $58K, expenses of $60K, and assets of $17K (revenue +13.1% year-over-year).
- 2023: Revenue of $51K, expenses of $58K, and assets of $19K (revenue -22.7% year-over-year).
- 2022: Revenue of $66K, expenses of $65K, and assets of $26K (revenue +16.8% year-over-year).
- 2021: Revenue of $56K, expenses of $41K, and assets of $26K (revenue +21.5% year-over-year).
- 2020: Revenue of $46K, expenses of $54K, and assets of $11K (revenue -35.1% year-over-year).
- 2019: Revenue of $72K, expenses of $74K, and assets of $18K (revenue -13.4% year-over-year).
- 2018: Revenue of $83K, expenses of $93K, and assets of $20K (revenue +10.3% year-over-year).
- 2017: Revenue of $75K, expenses of $79K, and assets of $30K (revenue -12.3% year-over-year).
- 2016: Revenue of $85K, expenses of $72K, and assets of $34K (revenue +95.4% year-over-year).
- 2014: Revenue of $44K, expenses of $42K, and assets of $7K (revenue +11.6% year-over-year).
- 2013: Revenue of $39K, expenses of $55K, and assets of $5K (revenue -17.3% year-over-year).
- 2012: Revenue of $47K, expenses of $61K, and assets of $21K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Reno Tahoe Young Professionals Network:
Data Sources and Methodology
This transparency report for Reno Tahoe Young Professionals Network 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.