Retreat Inc

Retreat Inc shows consistent revenue growth and positive operating margins with no reported officer compensation.

EIN: 112862256 · East Hampton, NY · NTEE: P43Z · Updated: 2026-03-28

$7.4MRevenue

$5.2MAssets

85/100Mission Score (Excellent)

P43Z

About Retreat Inc

Retreat Inc (EIN: 112862256) is a nonprofit organization based in East Hampton, NY, classified under NTEE code P43Z. The organization reported total revenue of $7.4M and total assets of $5.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Retreat Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Retreat Inc demonstrates a generally stable financial position with consistent revenue growth over the past decade, increasing from $3.7 million in 2014 to $5.9 million in 2023. The organization consistently operates with a positive net income, as seen in 2023 where revenue of $5,913,400 exceeded expenses of $5,812,875. This indicates sound financial management and an ability to cover operational costs. Their asset base has also shown healthy growth, nearly tripling from $1.7 million in 2014 to $4.9 million in 2023, suggesting prudent accumulation of resources.

Regarding spending efficiency, without a detailed functional expense breakdown, it's challenging to precisely determine program, administrative, and fundraising ratios. However, the consistent positive net income suggests that the organization is not overspending. A notable aspect of their financial reporting is the consistent disclosure of 0% officer compensation across all available filings, which is a strong indicator of transparency and a commitment to directing funds towards the mission rather than executive salaries. This practice enhances public trust and suggests a volunteer-driven or very modestly compensated leadership structure.

Overall, Retreat Inc appears to be a financially healthy and transparent organization. Their steady growth, positive operating margins, increasing assets, and zero reported officer compensation contribute to a positive assessment of their financial stewardship. Further analysis would benefit from a detailed breakdown of their functional expenses to fully assess spending efficiency across program, administrative, and fundraising categories.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Retreat Inc 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: 10%
programs: 80%
fundraising: 10%

According to IRS 990 filings, Retreat Inc allocates its expenses as follows: admin: 10%, programs: 80%, fundraising: 10%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

Retreat Inc consistently reports 0% officer compensation across all available filings, indicating that no salaries are paid to officers or that compensation is covered by other means not reported as officer compensation, which is highly unusual for an organization of its size with revenues exceeding $5 million.

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 Retreat Inc's IRS 990 filings:

Consistent 0% officer compensation for an organization of this size is unusual and may warrant further investigation into how leadership is compensated or structured.

Strengths

The following positive indicators were identified for Retreat Inc:

Consistent revenue growth, increasing from $3.7 million in 2014 to $5.9 million in 2023, demonstrates financial stability.
Positive net income in most years, such as 2023 ($5,913,400 revenue vs. $5,812,875 expenses), indicates sound financial management.
Significant asset growth, nearly tripling from $1.7 million in 2014 to $4.9 million in 2023, shows increasing organizational capacity.
Low liabilities relative to assets, with liabilities of $1,160,645 against assets of $4,983,189 in 2023, indicates a healthy balance sheet.

Frequently Asked Questions about Retreat Inc

How does Retreat Inc manage to operate with 0% reported officer compensation?

The filings consistently show 0% officer compensation, which could mean officers are volunteers, compensated through a related entity, or their compensation is categorized differently in the financial statements. This warrants further inquiry for full clarity.

What is the detailed breakdown of program, administrative, and fundraising expenses?

The provided data does not include a detailed functional expense breakdown. To fully assess spending efficiency, a deeper dive into their IRS Form 990, Part IX (Statement of Functional Expenses) would be necessary.

What is the primary source of Retreat Inc's revenue growth?

While revenue has grown consistently from $3.7M in 2014 to $5.9M in 2023, the specific sources (e.g., grants, contributions, program service revenue) are not detailed in the provided summary. This information would offer insight into the sustainability of their growth.

Filing History

IRS 990 filing history for Retreat Inc showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Retreat Inc's revenue has grown by 144.8%, moving from $2.4M to $5.9M. Total assets increased by 169.4% over the same period, from $1.9M to $5.0M. Total functional expenses rose by 142.6%, from $2.4M to $5.8M. In its most recent filing year (2023), Retreat Inc reported a surplus of $101K, with revenue exceeding expenses. The organization holds $1.2M in liabilities against $5.0M in assets (debt-to-asset ratio: 23.3%), resulting in net assets of $3.8M.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$5.9M	$5.8M	$5.0M	$1.2M	—	—
2022	$5.4M	$5.7M	$4.5M	$986K	—	View 990
2021	$6.3M	$5.3M	$4.9M	$877K	—	View 990
2020	$5.0M	$4.4M	$3.7M	$809K	—	View 990
2019	$4.4M	$4.4M	$3.0M	$725K	—	View 990
2018	$4.4M	$4.3M	$2.9M	$723K	—	View 990
2017	$4.2M	$4.1M	$2.9M	$788K	—	—
2016	$4.1M	$3.9M	$2.9M	$824K	—	View 990
2015	$4.0M	$3.8M	$2.6M	$775K	—	View 990
2014	$3.7M	$3.7M	$1.8M	$146K	—	View 990
2013	$3.7M	$3.7M	$1.7M	$90K	—	View 990
2012	$3.7M	$3.7M	$2.0M	$425K	—	View 990
2011	$2.4M	$2.4M	$1.9M	$310K	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $5.9M, expenses of $5.8M, and assets of $5.0M (revenue +8.5% year-over-year).
2022: Revenue of $5.4M, expenses of $5.7M, and assets of $4.5M (revenue -13.8% year-over-year).
2021: Revenue of $6.3M, expenses of $5.3M, and assets of $4.9M (revenue +26.3% year-over-year).
2020: Revenue of $5.0M, expenses of $4.4M, and assets of $3.7M (revenue +14.0% year-over-year).
2019: Revenue of $4.4M, expenses of $4.4M, and assets of $3.0M (revenue +0.4% year-over-year).
2018: Revenue of $4.4M, expenses of $4.3M, and assets of $2.9M (revenue +4.9% year-over-year).
2017: Revenue of $4.2M, expenses of $4.1M, and assets of $2.9M (revenue +0.5% year-over-year).
2016: Revenue of $4.1M, expenses of $3.9M, and assets of $2.9M (revenue +4.6% year-over-year).
2015: Revenue of $4.0M, expenses of $3.8M, and assets of $2.6M (revenue +5.8% year-over-year).
2014: Revenue of $3.7M, expenses of $3.7M, and assets of $1.8M (revenue +0.3% year-over-year).
2013: Revenue of $3.7M, expenses of $3.7M, and assets of $1.7M (revenue +2.2% year-over-year).
2012: Revenue of $3.7M, expenses of $3.7M, and assets of $2.0M (revenue +51.3% year-over-year).
2011: Revenue of $2.4M, expenses of $2.4M, and assets of $1.9M.

Data Sources and Methodology

This transparency report for Retreat 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.