Straight Talk Support Group Transitional House Resource Center
EIN: 471958788 · Durham, NC · NTEE: I43
Is Straight Talk Support Group Transitional House Resource Center Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Straight Talk Support Group Transitional House Resource Center
Straight Talk Support Group Transitional House Resource Center (EIN: 471958788) is a nonprofit organization based in Durham, NC, classified under NTEE code I43. The organization reported total revenue of $611K and total assets of $20K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Straight Talk Support Group Transitional House Resource Center's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Straight Talk Support Group Transitional House Resource Center is a small nonprofit that has been operating for 10 years, with 7 years of IRS 990 filings on record (2013–2022). Revenue has grown at a compound annual rate of 85.0%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $426K |
| Total Expenses | $401K |
| Surplus / Deficit | +$25K |
| Total Assets | $17K |
| Total Liabilities | $58K |
| Net Assets | $-40,210 |
| Operating Margin | 5.9% |
| Debt-to-Asset Ratio | 329.9% |
| Months of Reserves | 0.5 months |
Financial Health Grade: B
In 2022, Straight Talk Support Group Transitional House Resource Center reported a surplus of $25K with revenue exceeding expenses, holds 0.5 months of operating reserves (limited), has a debt-to-asset ratio of 329.9% (high leverage).
Financial Trends
Over 7 years of filings (2013–2022), Straight Talk Support Group Transitional House Resource Center's revenue has grown at a compound annual growth rate (CAGR) of 85.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -21.3% | -27.5% | +38.1% |
| 2021 | +19.5% | +28.4% | -63.1% |
| 2020 | +161.4% | +145.0% | +565.7% |
| 2019 | +3364.7% | +3414.8% | — |
| 2015 | -39.1% | -39.1% | -100.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2016 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Straight Talk Support Group Transitional House Resource Center 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 Straight Talk Support Group Transitional House Resource Center 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 (2022)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $25K, with revenue exceeding expenses.
- Debt-to-asset ratio: 329.9%.
Frequently Asked Questions about Straight Talk Support Group Transitional House Resource Center
Is Straight Talk Support Group Transitional House Resource Center a legitimate charity?
Based on AI analysis of IRS 990 filings, Straight Talk Support Group Transitional House Resource Center (EIN: 471958788) insufficient data. 0 red flags identified, 0 strengths noted.
How does Straight Talk Support Group Transitional House Resource Center spend its money?
Detailed spending breakdown data is not yet available for Straight Talk Support Group Transitional House Resource Center. Check back for updated IRS 990 analysis.
Are donations to Straight Talk Support Group Transitional House Resource Center tax-deductible?
Straight Talk Support Group Transitional House Resource Center is registered as a tax-exempt nonprofit (EIN: 471958788). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Straight Talk Support Group Transitional House Resource Center showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2013–2022), Straight Talk Support Group Transitional House Resource Center's revenue has grown by 25344.1%, moving from $2K to $426K. Total assets increased by 1749100% over the same period, from $1 to $17K. Total functional expenses rose by 23844.7%, from $2K to $401K. In its most recent filing year (2022), Straight Talk Support Group Transitional House Resource Center reported a surplus of $25K, with revenue exceeding expenses. The organization holds $58K in liabilities against $17K in assets (debt-to-asset ratio: 329.9%), resulting in net assets of $-40,210.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $426K | $401K | $17K | $58K | — | View 990 |
| 2021 | $541K | $553K | $13K | $82K | — | View 990 |
| 2020 | $453K | $431K | $34K | $92K | — | View 990 |
| 2019 | $173K | $176K | $5K | $85K | — | View 990 |
| 2015 | $5K | $5K | $0 | $0 | — | View 990 |
| 2014 | $8K | $8K | $1 | $0 | — | — |
| 2013 | $2K | $2K | $1 | $0 | — | — |
Year-by-Year Financial Summary
- 2022: Revenue of $426K, expenses of $401K, and assets of $17K (revenue -21.3% year-over-year).
- 2021: Revenue of $541K, expenses of $553K, and assets of $13K (revenue +19.5% year-over-year).
- 2020: Revenue of $453K, expenses of $431K, and assets of $34K (revenue +161.4% year-over-year).
- 2019: Revenue of $173K, expenses of $176K, and assets of $5K (revenue +3364.7% year-over-year).
- 2015: Revenue of $5K, expenses of $5K, and assets of $0 (revenue -39.1% year-over-year).
- 2014: Revenue of $8K, expenses of $8K, and assets of $1 (revenue +390.4% year-over-year).
- 2013: Revenue of $2K, expenses of $2K, and assets of $1.
Data Sources and Methodology
This transparency report for Straight Talk Support Group Transitional House Resource Center 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.