Teamsters Assistance Programs Inc
EIN: 341224917 · Lyndhurst, OH · NTEE: L20Z
| Metric | Value |
|---|---|
| Total Revenue | $339K |
| Total Expenses | $810K |
| Net Assets | $1.5M |
Is Teamsters Assistance Programs Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Teamsters Assistance Programs Inc
Teamsters Assistance Programs Inc (EIN: 341224917) is a nonprofit organization based in Lyndhurst, OH, classified under NTEE code L20Z. The organization reported total revenue of $339K and total assets of $6.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Teamsters Assistance Programs Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Teamsters Assistance Programs Inc is a small nonprofit that has been operating for 48 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of -1.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.2M |
| Total Expenses | $810K |
| Surplus / Deficit | +$418K |
| Total Assets | $3.9M |
| Total Liabilities | $2.4M |
| Net Assets | $1.5M |
| Operating Margin | 34.0% |
| Debt-to-Asset Ratio | 62.0% |
| Months of Reserves | 57.3 months |
Financial Health Grade: A
In 2023, Teamsters Assistance Programs Inc reported a surplus of $418K with revenue exceeding expenses, holds 57.3 months of operating reserves (strong position), has a debt-to-asset ratio of 62.0% (high leverage).
Financial Trends
Over 12 years of filings (2012–2023), Teamsters Assistance Programs Inc's revenue has declined at a compound annual growth rate (CAGR) of -1.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +24.7% | -14.4% | +9.5% |
| 2022 | -72.7% | -20.9% | -1.1% |
| 2021 | +163.2% | -21.2% | +26.1% |
| 2020 | -11.8% | -1.6% | -10.6% |
| 2019 | +5.7% | +5.5% | -1.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1978 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Teamsters Assistance Programs Inc 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 Teamsters Assistance Programs Inc 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $418K, with revenue exceeding expenses.
- Debt-to-asset ratio: 62.0%.
Frequently Asked Questions about Teamsters Assistance Programs Inc
Is Teamsters Assistance Programs Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Teamsters Assistance Programs Inc (EIN: 341224917) insufficient data. 0 red flags identified, 0 strengths noted.
How does Teamsters Assistance Programs Inc spend its money?
Detailed spending breakdown data is not yet available for Teamsters Assistance Programs Inc. Check back for updated IRS 990 analysis.
Are donations to Teamsters Assistance Programs Inc tax-deductible?
Teamsters Assistance Programs Inc is registered as a tax-exempt nonprofit (EIN: 341224917). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Teamsters Assistance Programs Inc located?
Teamsters Assistance Programs Inc is headquartered in Lyndhurst, Ohio and files with the IRS under EIN 341224917. It is classified under NTEE code L20Z.
How many years of IRS 990 filings does Teamsters Assistance Programs Inc have?
Teamsters Assistance Programs Inc has 12 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 $339K in total revenue.
Filing History
IRS 990 filing history for Teamsters Assistance Programs Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Teamsters Assistance Programs Inc's revenue has declined by 14.9%, moving from $1.4M to $1.2M. Total assets decreased by 2.2% over the same period, from $4.0M to $3.9M. Total functional expenses fell by 41.7%, from $1.4M to $810K. In its most recent filing year (2023), Teamsters Assistance Programs Inc reported a surplus of $418K, with revenue exceeding expenses. The organization holds $2.4M in liabilities against $3.9M in assets (debt-to-asset ratio: 62.0%), resulting in net assets of $1.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.2M | $810K | $3.9M | $2.4M | — | View 990 |
| 2022 | $985K | $946K | $3.5M | $2.5M | — | View 990 |
| 2021 | $3.6M | $1.2M | $3.6M | $2.6M | — | — |
| 2020 | $1.4M | $1.5M | $2.8M | $4.2M | — | View 990 |
| 2019 | $1.6M | $1.5M | $3.2M | $4.4M | — | View 990 |
| 2018 | $1.5M | $1.5M | $3.2M | $4.5M | — | View 990 |
| 2017 | $1.5M | $1.5M | $3.3M | $4.6M | — | View 990 |
| 2016 | $1.4M | $1.5M | $3.4M | $4.7M | — | View 990 |
| 2015 | $1.4M | $1.5M | $3.5M | $4.8M | — | View 990 |
| 2014 | $1.5M | $1.6M | $3.7M | $4.9M | — | View 990 |
| 2013 | $1.4M | $1.4M | $3.9M | $5.0M | — | View 990 |
| 2012 | $1.4M | $1.4M | $4.0M | $5.0M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.2M, expenses of $810K, and assets of $3.9M (revenue +24.7% year-over-year).
- 2022: Revenue of $985K, expenses of $946K, and assets of $3.5M (revenue -72.7% year-over-year).
- 2021: Revenue of $3.6M, expenses of $1.2M, and assets of $3.6M (revenue +163.2% year-over-year).
- 2020: Revenue of $1.4M, expenses of $1.5M, and assets of $2.8M (revenue -11.8% year-over-year).
- 2019: Revenue of $1.6M, expenses of $1.5M, and assets of $3.2M (revenue +5.7% year-over-year).
- 2018: Revenue of $1.5M, expenses of $1.5M, and assets of $3.2M (revenue +0.3% year-over-year).
- 2017: Revenue of $1.5M, expenses of $1.5M, and assets of $3.3M (revenue +1.6% year-over-year).
- 2016: Revenue of $1.4M, expenses of $1.5M, and assets of $3.4M (revenue +0.8% year-over-year).
- 2015: Revenue of $1.4M, expenses of $1.5M, and assets of $3.5M (revenue -1.2% year-over-year).
- 2014: Revenue of $1.5M, expenses of $1.6M, and assets of $3.7M (revenue +2.4% year-over-year).
- 2013: Revenue of $1.4M, expenses of $1.4M, and assets of $3.9M (revenue -1.7% year-over-year).
- 2012: Revenue of $1.4M, expenses of $1.4M, and assets of $4.0M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Teamsters Assistance Programs Inc:
Data Sources and Methodology
This transparency report for Teamsters Assistance Programs 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.