T O U C H Therapy Inc
TOUCH Therapy Inc. shows consistent revenue growth and positive financial surpluses with no reported officer compensation.
EIN: 205492539 · Annapolis, MD · NTEE: G30 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $2.6M |
| Total Expenses | $2.1M |
| Program Spending | 85% |
| Net Assets | $1.7M |
| Transparency Score | 90/100 |
Is T O U C H Therapy Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
T O U C H Therapy Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About T O U C H Therapy Inc
T O U C H Therapy Inc (EIN: 205492539) is a nonprofit organization based in Annapolis, MD, classified under NTEE code G30. The organization reported total revenue of $2.6M and total assets of $1.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of T O U C H Therapy Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
T O U C H Therapy Inc is a mid-size nonprofit that has been operating for 19 years, with 4 years of IRS 990 filings on record (2020–2023). Revenue has grown at a compound annual rate of 116.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.6M |
| Total Expenses | $2.1M |
| Surplus / Deficit | +$559K |
| Total Assets | $1.7M |
| Total Liabilities | $2K |
| Net Assets | $1.7M |
| Operating Margin | 21.2% |
| Debt-to-Asset Ratio | 0.1% |
| Months of Reserves | 9.7 months |
Financial Health Grade: A
In 2023, T O U C H Therapy Inc reported a surplus of $559K with revenue exceeding expenses, holds 9.7 months of operating reserves (strong position), has a debt-to-asset ratio of 0.1% (very low leverage).
Financial Trends
Over 4 years of filings (2020–2023), T O U C H Therapy Inc's revenue has grown at a compound annual growth rate (CAGR) of 116.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +12.8% | +39.5% | +51.9% |
| 2022 | +118.4% | +117.0% | +146.4% |
| 2021 | +312.8% | +246.8% | +625.7% |
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 T O U C H Therapy Inc with a Mission Score of 90 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: 85%
- fundraising: 5%
According to IRS 990 filings, T O U C H Therapy Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. 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 $559K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.1%.
Executive Compensation Analysis
TOUCH Therapy Inc. reports 0% officer compensation across all four available filings, which is highly unusual for an organization of its size and growth. This suggests either a fully volunteer executive team or that executive compensation is categorized under other expense lines, which could obscure a full understanding of leadership costs.
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 T O U C H Therapy Inc's IRS 990 filings:
- Lack of detailed functional expense breakdown (program, admin, fundraising) in provided data, limiting full spending efficiency analysis
- 0% officer compensation reported, which is unusual for an organization of this size and could indicate compensation is reported elsewhere or that the executive structure is entirely volunteer-based, warranting further inquiry.
Strengths
The following positive indicators were identified for T O U C H Therapy Inc:
- Consistent and significant revenue growth from $258,778 in 2020 to $2,630,808 in 2023.
- Strong financial health demonstrated by consistent surpluses (revenue exceeding expenses) in all reported periods.
- Substantial growth in net assets, from $61,400 in 2020 to $1,667,584 in 2023.
- Reported 0% officer compensation across all filings, suggesting a high dedication to mission or volunteer leadership.
Frequently Asked Questions about T O U C H Therapy Inc
Is T O U C H Therapy Inc a legitimate charity?
T O U C H Therapy Inc (EIN: 205492539) is a registered tax-exempt nonprofit based in Maryland. Our AI analysis gives it a Mission Score of 90/100. It has 4 years of IRS 990 filings on record. Total revenue: $2.6M. 2 red flags identified. 4 strengths noted. Financial health grade: A.
How does T O U C H Therapy Inc spend its money?
T O U C H Therapy Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to T O U C H Therapy Inc tax-deductible?
T O U C H Therapy Inc is registered as a tax-exempt nonprofit (EIN: 205492539). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of T O U C H Therapy Inc's spending goes to programs?
T O U C H Therapy Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does T O U C H Therapy Inc compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), T O U C H Therapy Inc is above average for NTEE category G30 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is T O U C H Therapy Inc located?
T O U C H Therapy Inc is headquartered in Annapolis, Maryland and files with the IRS under EIN 205492539. It is classified under NTEE code G30.
How many years of IRS 990 filings does T O U C H Therapy Inc have?
T O U C H Therapy Inc has 4 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $2.6M in total revenue.
Is TOUCH Therapy Inc. a good charity?
Based on the available IRS 990 data, TOUCH Therapy Inc. appears to be a financially healthy and growing organization with a strong track record of generating surpluses and increasing assets. The 0% officer compensation is a notable positive, suggesting a high dedication to mission. However, without detailed functional expense breakdowns, it's difficult to definitively assess program efficiency versus administrative or fundraising costs.
How has TOUCH Therapy Inc.'s revenue grown over time?
TOUCH Therapy Inc. has experienced significant revenue growth, increasing from $258,778 in 2020 to $2,630,808 in 2023, representing over a 900% increase in just three years.
What is the organization's asset position?
The organization's assets have grown substantially, from $61,400 in 2020 to $1,667,584 in 2023, indicating a strong and growing financial foundation.
Filing History
IRS 990 filing history for T O U C H Therapy Inc showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2020–2023), T O U C H Therapy Inc's revenue has grown by 916.6%, moving from $259K to $2.6M. Total assets increased by 2615.9% over the same period, from $61K to $1.7M. Total functional expenses rose by 949.9%, from $197K to $2.1M. In its most recent filing year (2023), T O U C H Therapy Inc reported a surplus of $559K, with revenue exceeding expenses. The organization holds $2K in liabilities against $1.7M in assets (debt-to-asset ratio: 0.1%), resulting in net assets of $1.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.6M | $2.1M | $1.7M | $2K | — | — |
| 2022 | $2.3M | $1.5M | $1.1M | $0 | — | View 990 |
| 2021 | $1.1M | $685K | $446K | $232 | — | View 990 |
| 2020 | $259K | $197K | $61K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.6M, expenses of $2.1M, and assets of $1.7M (revenue +12.8% year-over-year).
- 2022: Revenue of $2.3M, expenses of $1.5M, and assets of $1.1M (revenue +118.4% year-over-year).
- 2021: Revenue of $1.1M, expenses of $685K, and assets of $446K (revenue +312.8% year-over-year).
- 2020: Revenue of $259K, expenses of $197K, and assets of $61K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for T O U C H Therapy Inc:
Data Sources and Methodology
This transparency report for T O U C H Therapy 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.