Retiree Resource Corp
EIN: 621870279 · Knoxville, TN · NTEE: M202
| Metric | Value |
|---|---|
| Total Revenue | $49.3M |
| Total Expenses | $48.2M |
| Net Assets | $2.9M |
Is Retiree Resource Corp Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Retiree Resource Corp
Retiree Resource Corp (EIN: 621870279) is a nonprofit organization based in Knoxville, TN, classified under NTEE code M202. The organization reported total revenue of $49.3M and total assets of $4.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Retiree Resource Corp's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Retiree Resource Corp is a large nonprofit that has been operating for 24 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -1.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $48.3M |
| Total Expenses | $48.2M |
| Surplus / Deficit | +$86K |
| Total Assets | $5.6M |
| Total Liabilities | $2.7M |
| Net Assets | $2.9M |
| Operating Margin | 0.2% |
| Debt-to-Asset Ratio | 48.1% |
| Months of Reserves | 1.4 months |
Financial Health Grade: A
In 2023, Retiree Resource Corp reported a surplus of $86K with revenue exceeding expenses, holds 1.4 months of operating reserves (limited), has a debt-to-asset ratio of 48.1% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Retiree Resource Corp's revenue has declined at a compound annual growth rate (CAGR) of -1.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +0.7% | +1.1% | +1.4% |
| 2022 | +4.4% | +4.5% | +8.1% |
| 2021 | +1.9% | +1.5% | +7.3% |
| 2020 | -2.1% | -2.1% | +7.3% |
| 2019 | +3.9% | +3.9% | -2.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2002 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Retiree Resource Corp 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 Retiree Resource Corp 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 $86K, with revenue exceeding expenses.
- Debt-to-asset ratio: 48.1%.
Frequently Asked Questions about Retiree Resource Corp
Is Retiree Resource Corp a legitimate charity?
Retiree Resource Corp (EIN: 621870279) is a registered tax-exempt nonprofit based in Tennessee. It has 13 years of IRS 990 filings on record. Total revenue: $49.3M. No red flags identified. Financial health grade: A.
How does Retiree Resource Corp spend its money?
Retiree Resource Corp reported $49.3M in total revenue in IRS 990 filings. 13 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Retiree Resource Corp tax-deductible?
Retiree Resource Corp is registered as a tax-exempt nonprofit (EIN: 621870279). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Retiree Resource Corp located?
Retiree Resource Corp is headquartered in Knoxville, Tennessee and files with the IRS under EIN 621870279. It is classified under NTEE code M202.
How many years of IRS 990 filings does Retiree Resource Corp have?
Retiree Resource Corp 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 $49.3M in total revenue.
Filing History
IRS 990 filing history for Retiree Resource Corp showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Retiree Resource Corp's revenue has declined by 13.3%, moving from $55.7M to $48.3M. Total assets increased by 12.2% over the same period, from $5.0M to $5.6M. Total functional expenses fell by 13.2%, from $55.6M to $48.2M. In its most recent filing year (2023), Retiree Resource Corp reported a surplus of $86K, with revenue exceeding expenses. The organization holds $2.7M in liabilities against $5.6M in assets (debt-to-asset ratio: 48.1%), resulting in net assets of $2.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $48.3M | $48.2M | $5.6M | $2.7M | — | View 990 |
| 2022 | $48.0M | $47.7M | $5.5M | $2.7M | — | View 990 |
| 2021 | $46.0M | $45.6M | $5.1M | $2.6M | — | View 990 |
| 2020 | $45.1M | $45.0M | $4.8M | $2.5M | — | — |
| 2019 | $46.1M | $46.0M | $4.4M | $2.3M | — | View 990 |
| 2018 | $44.4M | $44.3M | $4.5M | $2.5M | — | View 990 |
| 2017 | $46.9M | $46.8M | $4.8M | $2.9M | — | View 990 |
| 2016 | $46.6M | $46.6M | $4.0M | $2.2M | — | View 990 |
| 2015 | $45.0M | $45.0M | $3.7M | $1.9M | — | View 990 |
| 2014 | $35.6M | $35.5M | $3.1M | $1.3M | — | View 990 |
| 2013 | $41.9M | $41.8M | $3.0M | $1.4M | — | View 990 |
| 2012 | $54.1M | $54.0M | $4.8M | $3.1M | — | View 990 |
| 2011 | $55.7M | $55.6M | $5.0M | $3.4M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $48.3M, expenses of $48.2M, and assets of $5.6M (revenue +0.7% year-over-year).
- 2022: Revenue of $48.0M, expenses of $47.7M, and assets of $5.5M (revenue +4.4% year-over-year).
- 2021: Revenue of $46.0M, expenses of $45.6M, and assets of $5.1M (revenue +1.9% year-over-year).
- 2020: Revenue of $45.1M, expenses of $45.0M, and assets of $4.8M (revenue -2.1% year-over-year).
- 2019: Revenue of $46.1M, expenses of $46.0M, and assets of $4.4M (revenue +3.9% year-over-year).
- 2018: Revenue of $44.4M, expenses of $44.3M, and assets of $4.5M (revenue -5.4% year-over-year).
- 2017: Revenue of $46.9M, expenses of $46.8M, and assets of $4.8M (revenue +0.6% year-over-year).
- 2016: Revenue of $46.6M, expenses of $46.6M, and assets of $4.0M (revenue +3.5% year-over-year).
- 2015: Revenue of $45.0M, expenses of $45.0M, and assets of $3.7M (revenue +26.6% year-over-year).
- 2014: Revenue of $35.6M, expenses of $35.5M, and assets of $3.1M (revenue -15.0% year-over-year).
- 2013: Revenue of $41.9M, expenses of $41.8M, and assets of $3.0M (revenue -22.6% year-over-year).
- 2012: Revenue of $54.1M, expenses of $54.0M, and assets of $4.8M (revenue -2.9% year-over-year).
- 2011: Revenue of $55.7M, expenses of $55.6M, and assets of $5.0M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Retiree Resource Corp:
Data Sources and Methodology
This transparency report for Retiree Resource Corp 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.