Residence Living Of Trumbull County Inc
EIN: 341789698 · Niles, OH · NTEE: P70Z
| Metric | Value |
|---|---|
| Total Revenue | $337K |
| Total Expenses | $180K |
| Net Assets | $6.8M |
Is Residence Living Of Trumbull County Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Residence Living Of Trumbull County Inc
Residence Living Of Trumbull County Inc (EIN: 341789698) is a nonprofit organization based in Niles, OH, classified under NTEE code P70Z. The organization reported total revenue of $337K and total assets of $6.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Residence Living Of Trumbull County Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Residence Living Of Trumbull County Inc is a small nonprofit that has been operating for 30 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of -10.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $253K |
| Total Expenses | $180K |
| Surplus / Deficit | +$72K |
| Total Assets | $6.8M |
| Total Liabilities | $5K |
| Net Assets | $6.8M |
| Operating Margin | 28.6% |
| Debt-to-Asset Ratio | 0.1% |
| Months of Reserves | 455.6 months |
Financial Health Grade: A
In 2023, Residence Living Of Trumbull County Inc reported a surplus of $72K with revenue exceeding expenses, holds 455.6 months of operating reserves (strong position), has a debt-to-asset ratio of 0.1% (very low leverage).
Financial Trends
Over 14 years of filings (2010–2023), Residence Living Of Trumbull County Inc's revenue has declined at a compound annual growth rate (CAGR) of -10.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +71.8% | -3.6% | +1.1% |
| 2022 | -8.6% | -27.0% | -0.6% |
| 2021 | -17.5% | -39.0% | -1.4% |
| 2020 | -74.8% | -32.0% | -3.7% |
| 2019 | -2.4% | +327.3% | +2.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1996 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Residence Living Of Trumbull County 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 Residence Living Of Trumbull County 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 $72K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.1%.
Frequently Asked Questions about Residence Living Of Trumbull County Inc
Is Residence Living Of Trumbull County Inc a legitimate charity?
Residence Living Of Trumbull County Inc (EIN: 341789698) is a registered tax-exempt nonprofit based in Ohio. It has 14 years of IRS 990 filings on record. Total revenue: $337K. No red flags identified. Financial health grade: A.
How does Residence Living Of Trumbull County Inc spend its money?
Residence Living Of Trumbull County Inc reported $337K in total revenue in IRS 990 filings. 14 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Residence Living Of Trumbull County Inc tax-deductible?
Residence Living Of Trumbull County Inc is registered as a tax-exempt nonprofit (EIN: 341789698). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Residence Living Of Trumbull County Inc located?
Residence Living Of Trumbull County Inc is headquartered in Niles, Ohio and files with the IRS under EIN 341789698. It is classified under NTEE code P70Z.
How many years of IRS 990 filings does Residence Living Of Trumbull County Inc have?
Residence Living Of Trumbull County Inc has 14 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 $337K in total revenue.
Filing History
IRS 990 filing history for Residence Living Of Trumbull County Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Residence Living Of Trumbull County Inc's revenue has declined by 77.4%, moving from $1.1M to $253K. Total assets increased by 146.8% over the same period, from $2.8M to $6.8M. Total functional expenses fell by 89.1%, from $1.6M to $180K. In its most recent filing year (2023), Residence Living Of Trumbull County Inc reported a surplus of $72K, with revenue exceeding expenses. The organization holds $5K in liabilities against $6.8M in assets (debt-to-asset ratio: 0.1%), resulting in net assets of $6.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $253K | $180K | $6.8M | $5K | — | — |
| 2022 | $147K | $187K | $6.8M | $4K | — | View 990 |
| 2021 | $161K | $257K | $6.8M | $4K | — | View 990 |
| 2020 | $195K | $420K | $6.9M | $3K | — | View 990 |
| 2019 | $774K | $618K | $7.2M | $41K | — | View 990 |
| 2018 | $793K | $145K | $7.0M | $47K | — | View 990 |
| 2017 | $799K | $470K | $6.4M | $55K | — | View 990 |
| 2016 | $1.1M | $485K | $6.1M | $70K | — | View 990 |
| 2015 | $1.0M | $351K | $5.4M | $76K | — | View 990 |
| 2014 | $1.1M | $303K | $4.8M | $82K | — | View 990 |
| 2013 | $693K | $329K | $4.0M | $86K | — | View 990 |
| 2012 | $1.1M | $330K | $3.7M | $96K | — | View 990 |
| 2011 | $1.3M | $1.1M | $2.9M | $98K | — | View 990 |
| 2010 | $1.1M | $1.6M | $2.8M | $107K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $253K, expenses of $180K, and assets of $6.8M (revenue +71.8% year-over-year).
- 2022: Revenue of $147K, expenses of $187K, and assets of $6.8M (revenue -8.6% year-over-year).
- 2021: Revenue of $161K, expenses of $257K, and assets of $6.8M (revenue -17.5% year-over-year).
- 2020: Revenue of $195K, expenses of $420K, and assets of $6.9M (revenue -74.8% year-over-year).
- 2019: Revenue of $774K, expenses of $618K, and assets of $7.2M (revenue -2.4% year-over-year).
- 2018: Revenue of $793K, expenses of $145K, and assets of $7.0M (revenue -0.8% year-over-year).
- 2017: Revenue of $799K, expenses of $470K, and assets of $6.4M (revenue -28.1% year-over-year).
- 2016: Revenue of $1.1M, expenses of $485K, and assets of $6.1M (revenue +6.2% year-over-year).
- 2015: Revenue of $1.0M, expenses of $351K, and assets of $5.4M (revenue -0.6% year-over-year).
- 2014: Revenue of $1.1M, expenses of $303K, and assets of $4.8M (revenue +52.0% year-over-year).
- 2013: Revenue of $693K, expenses of $329K, and assets of $4.0M (revenue -36.2% year-over-year).
- 2012: Revenue of $1.1M, expenses of $330K, and assets of $3.7M (revenue -14.1% year-over-year).
- 2011: Revenue of $1.3M, expenses of $1.1M, and assets of $2.9M (revenue +12.9% year-over-year).
- 2010: Revenue of $1.1M, expenses of $1.6M, and assets of $2.8M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Residence Living Of Trumbull County Inc:
Data Sources and Methodology
This transparency report for Residence Living Of Trumbull County 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.