Rhode Island Track Coachesassociation Inc
Rhode Island Track Coaches Association shows revenue growth and fiscal stability with no executive compensation.
EIN: 205716690 · Warwick, RI · NTEE: N60 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $220K |
| Total Expenses | $192K |
| Program Spending | 85% |
| Net Assets | $11K |
| Transparency Score | 85/100 |
Is Rhode Island Track Coachesassociation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Rhode Island Track Coachesassociation Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Rhode Island Track Coachesassociation Inc
Rhode Island Track Coachesassociation Inc (EIN: 205716690) is a nonprofit organization based in Warwick, RI, classified under NTEE code N60. The organization reported total revenue of $220K and total assets of $24K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Rhode Island Track Coachesassociation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Rhode Island Track Coachesassociation Inc is a small nonprofit that has been operating for 19 years, with 11 years of IRS 990 filings on record (2013–2023). Revenue has grown at a compound annual rate of 1.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $204K |
| Total Expenses | $192K |
| Surplus / Deficit | +$11K |
| Total Assets | $11K |
| Net Assets | $11K |
| Operating Margin | 5.5% |
| Months of Reserves | 0.7 months |
Financial Health Grade: A
In 2023, Rhode Island Track Coachesassociation Inc reported a surplus of $11K with revenue exceeding expenses, holds 0.7 months of operating reserves (limited).
Financial Trends
Over 11 years of filings (2013–2023), Rhode Island Track Coachesassociation Inc's revenue has grown at a compound annual growth rate (CAGR) of 1.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +23.5% | +9.6% | +229.0% |
| 2022 | +467.7% | +254.6% | +346000.0% |
| 2021 | -67.6% | -49.9% | -100.0% |
| 2020 | -35.6% | -18.5% | -23.1% |
| 2019 | +28.7% | +13.9% | +73.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
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 Rhode Island Track Coachesassociation 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: 15%
- programs: 85%
- fundraising: 0%
According to IRS 990 filings, Rhode Island Track Coachesassociation Inc allocates its expenses as follows: admin: 15%, programs: 85%, fundraising: 0%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $11K, with revenue exceeding expenses.
Executive Compensation Analysis
The organization reports 0% officer compensation across all available filings, indicating that no executives or officers receive salaries from the nonprofit, which is highly favorable for resource allocation.
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 Rhode Island Track Coachesassociation Inc's IRS 990 filings:
- Fluctuating revenue stream, with a significant dip to $29,062 in 2021
- Modest asset base, with only $11,385 in 2023, limiting financial reserves
Strengths
The following positive indicators were identified for Rhode Island Track Coachesassociation Inc:
- Consistent reporting of 0% officer compensation, indicating efficient use of funds
- Zero liabilities reported across all filings, demonstrating strong financial management
- Recent revenue growth and surplus in 2023 ($203,686 revenue vs. $192,453 expenses)
- Consistent IRS 990 filing history, indicating good transparency and compliance
Frequently Asked Questions about Rhode Island Track Coachesassociation Inc
Is Rhode Island Track Coachesassociation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Rhode Island Track Coachesassociation Inc (EIN: 205716690) some concerns. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
How does Rhode Island Track Coachesassociation Inc spend its money?
Rhode Island Track Coachesassociation Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Rhode Island Track Coachesassociation Inc tax-deductible?
Rhode Island Track Coachesassociation Inc is registered as a tax-exempt nonprofit (EIN: 205716690). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Rhode Island Track Coachesassociation Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Rhode Island Track Coachesassociation Inc is above average for NTEE category N60 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Rhode Island Track Coachesassociation Inc located?
Rhode Island Track Coachesassociation Inc is headquartered in Warwick, Rhode Island and files with the IRS under EIN 205716690. It is classified under NTEE code N60.
How many years of IRS 990 filings does Rhode Island Track Coachesassociation Inc have?
Rhode Island Track Coachesassociation Inc has 11 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 $220K in total revenue.
Is Rhode Island Track Coachesassociation Inc a good charity?
Based on the available data, the organization appears to be a good charity. It consistently reports no officer compensation, maintains zero liabilities, and has shown recent revenue growth and surpluses (e.g., $203,686 revenue vs. $192,453 expenses in 2023). These factors suggest efficient use of funds and strong financial management.
How has the organization's revenue trended over time?
Revenue has fluctuated significantly, from a low of $29,062 in 2021 to a high of $203,686 in 2023. The most recent two years (2022 and 2023) show a strong upward trend in revenue after a dip in 2020 and 2021.
What is the organization's asset position?
The organization's assets have varied, reaching a high of $68,982 in 2014 and a low of $1 in 2021. As of 2023, assets stood at $11,385, which is a modest amount but an improvement from the previous two years.
Filing History
IRS 990 filing history for Rhode Island Track Coachesassociation Inc showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2013–2023), Rhode Island Track Coachesassociation Inc's revenue has grown by 15.3%, moving from $177K to $204K. Total assets decreased by 78.4% over the same period, from $53K to $11K. Total functional expenses rose by 36.1%, from $141K to $192K. In its most recent filing year (2023), Rhode Island Track Coachesassociation Inc reported a surplus of $11K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $204K | $192K | $11K | $0 | — | View 990 |
| 2022 | $165K | $176K | $3K | $0 | — | View 990 |
| 2021 | $29K | $50K | $1 | $0 | — | View 990 |
| 2020 | $90K | $99K | $30K | $0 | — | View 990 |
| 2019 | $139K | $121K | $40K | $0 | — | View 990 |
| 2018 | $108K | $106K | $23K | $0 | — | View 990 |
| 2017 | $117K | $116K | $15K | $0 | — | View 990 |
| 2016 | $113K | $145K | $14K | $0 | — | View 990 |
| 2015 | $89K | $112K | $46K | $0 | — | View 990 |
| 2014 | $117K | $100K | $69K | $0 | — | View 990 |
| 2013 | $177K | $141K | $53K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $204K, expenses of $192K, and assets of $11K (revenue +23.5% year-over-year).
- 2022: Revenue of $165K, expenses of $176K, and assets of $3K (revenue +467.7% year-over-year).
- 2021: Revenue of $29K, expenses of $50K, and assets of $1 (revenue -67.6% year-over-year).
- 2020: Revenue of $90K, expenses of $99K, and assets of $30K (revenue -35.6% year-over-year).
- 2019: Revenue of $139K, expenses of $121K, and assets of $40K (revenue +28.7% year-over-year).
- 2018: Revenue of $108K, expenses of $106K, and assets of $23K (revenue -7.6% year-over-year).
- 2017: Revenue of $117K, expenses of $116K, and assets of $15K (revenue +3.7% year-over-year).
- 2016: Revenue of $113K, expenses of $145K, and assets of $14K (revenue +27.3% year-over-year).
- 2015: Revenue of $89K, expenses of $112K, and assets of $46K (revenue -23.8% year-over-year).
- 2014: Revenue of $117K, expenses of $100K, and assets of $69K (revenue -34.0% year-over-year).
- 2013: Revenue of $177K, expenses of $141K, and assets of $53K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Rhode Island Track Coachesassociation Inc:
Data Sources and Methodology
This transparency report for Rhode Island Track Coachesassociation 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.