Teachers Association Of Newport Ri
EIN: 50391481 · Newport, RI
| Metric | Value |
|---|---|
| Total Revenue | $210K |
| Total Expenses | $238K |
| Net Assets | $43K |
Is Teachers Association Of Newport Ri Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Teachers Association Of Newport Ri
Teachers Association Of Newport Ri (EIN: 50391481) is a nonprofit organization based in Newport, RI. The organization reported total revenue of $210K and total assets of $40K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Teachers Association Of Newport Ri's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Teachers Association Of Newport Ri is a small nonprofit that has been operating for 35 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 2.1%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $220K |
| Total Expenses | $238K |
| Surplus / Deficit | $-18,368 |
| Total Assets | $43K |
| Net Assets | $43K |
| Operating Margin | -8.4% |
| Months of Reserves | 2.2 months |
Financial Health Grade: C
In 2024, Teachers Association Of Newport Ri reported a deficit of $18K with expenses exceeding revenue, holds 2.2 months of operating reserves (limited).
Financial Trends
Over 14 years of filings (2011–2024), Teachers Association Of Newport Ri's revenue has grown at a compound annual growth rate (CAGR) of 2.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +2.7% | +2.9% | -49.8% |
| 2023 | +9.0% | +9.7% | +0.0% |
| 2022 | +5.3% | +5.6% | -14.7% |
| 2021 | +1.9% | +16.0% | -11.8% |
| 2020 | -3.0% | -5.7% | +10.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 3000 |
| IRS Ruling Date | 1991 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Teachers Association Of Newport Ri 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 Teachers Association Of Newport Ri 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $18K, with expenses exceeding revenue.
Frequently Asked Questions about Teachers Association Of Newport Ri
Is Teachers Association Of Newport Ri a legitimate charity?
Teachers Association Of Newport Ri (EIN: 50391481) is a registered tax-exempt nonprofit based in Rhode Island. It has 14 years of IRS 990 filings on record. Total revenue: $210K. No red flags identified. Financial health grade: C.
How does Teachers Association Of Newport Ri spend its money?
Teachers Association Of Newport Ri reported $210K in total revenue in IRS 990 filings. 14 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Teachers Association Of Newport Ri tax-deductible?
Teachers Association Of Newport Ri is registered as a tax-exempt nonprofit (EIN: 50391481). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Teachers Association Of Newport Ri located?
Teachers Association Of Newport Ri is headquartered in Newport, Rhode Island and files with the IRS under EIN 50391481.
How many years of IRS 990 filings does Teachers Association Of Newport Ri have?
Teachers Association Of Newport Ri has 14 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 $210K in total revenue.
Filing History
IRS 990 filing history for Teachers Association Of Newport Ri showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Teachers Association Of Newport Ri's revenue has grown by 30.8%, moving from $168K to $220K. Total assets decreased by 1.7% over the same period, from $44K to $43K. Total functional expenses rose by 45.5%, from $164K to $238K. In its most recent filing year (2024), Teachers Association Of Newport Ri reported a deficit of $18K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $220K | $238K | $43K | $0 | — | View 990 |
| 2023 | $214K | $232K | $85K | $0 | — | View 990 |
| 2022 | $196K | $211K | $85K | $0 | — | View 990 |
| 2021 | $186K | $200K | $100K | $0 | — | View 990 |
| 2020 | $183K | $172K | $114K | $0 | — | View 990 |
| 2019 | $189K | $183K | $103K | $0 | — | View 990 |
| 2018 | $194K | $184K | $97K | $0 | — | View 990 |
| 2017 | $180K | $168K | $87K | $0 | — | View 990 |
| 2016 | $176K | $165K | $74K | $0 | — | — |
| 2015 | $177K | $175K | $63K | $0 | — | View 990 |
| 2014 | $168K | $164K | $61K | $0 | — | View 990 |
| 2013 | $194K | $171K | $57K | $0 | — | View 990 |
| 2012 | $158K | $171K | $31K | $0 | — | View 990 |
| 2011 | $168K | $164K | $44K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $220K, expenses of $238K, and assets of $43K (revenue +2.7% year-over-year).
- 2023: Revenue of $214K, expenses of $232K, and assets of $85K (revenue +9.0% year-over-year).
- 2022: Revenue of $196K, expenses of $211K, and assets of $85K (revenue +5.3% year-over-year).
- 2021: Revenue of $186K, expenses of $200K, and assets of $100K (revenue +1.9% year-over-year).
- 2020: Revenue of $183K, expenses of $172K, and assets of $114K (revenue -3.0% year-over-year).
- 2019: Revenue of $189K, expenses of $183K, and assets of $103K (revenue -2.8% year-over-year).
- 2018: Revenue of $194K, expenses of $184K, and assets of $97K (revenue +7.9% year-over-year).
- 2017: Revenue of $180K, expenses of $168K, and assets of $87K (revenue +2.0% year-over-year).
- 2016: Revenue of $176K, expenses of $165K, and assets of $74K (revenue -0.2% year-over-year).
- 2015: Revenue of $177K, expenses of $175K, and assets of $63K (revenue +5.3% year-over-year).
- 2014: Revenue of $168K, expenses of $164K, and assets of $61K (revenue -13.3% year-over-year).
- 2013: Revenue of $194K, expenses of $171K, and assets of $57K (revenue +22.2% year-over-year).
- 2012: Revenue of $158K, expenses of $171K, and assets of $31K (revenue -5.7% year-over-year).
- 2011: Revenue of $168K, expenses of $164K, and assets of $44K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Teachers Association Of Newport Ri:
Data Sources and Methodology
This transparency report for Teachers Association Of Newport Ri 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.