Tennessee Tow Truck Association Inc
Tennessee Tow Truck Association Inc. maintains stable finances with consistent revenue growth and no reported liabilities.
EIN: 200717278 · Memphis, TN · NTEE: S41 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $77K |
| Total Expenses | $78K |
| Program Spending | 80% |
| Net Assets | $72K |
| Transparency Score | 85/100 |
Is Tennessee Tow Truck Association Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Tennessee Tow Truck Association Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Tennessee Tow Truck Association Inc
Tennessee Tow Truck Association Inc (EIN: 200717278) is a nonprofit organization based in Memphis, TN, classified under NTEE code S41. The organization reported total revenue of $77K and total assets of $75K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Tennessee Tow Truck Association Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Tennessee Tow Truck Association Inc is a micro nonprofit that has been operating for 13 years, with 11 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 22.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $91K |
| Total Expenses | $78K |
| Surplus / Deficit | +$13K |
| Total Assets | $72K |
| Net Assets | $72K |
| Operating Margin | 13.9% |
| Months of Reserves | 11.1 months |
Financial Health Grade: A
In 2023, Tennessee Tow Truck Association Inc reported a surplus of $13K with revenue exceeding expenses, holds 11.1 months of operating reserves (strong position).
Financial Trends
Over 11 years of filings (2012–2023), Tennessee Tow Truck Association Inc's revenue has grown at a compound annual growth rate (CAGR) of 22.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +40.0% | +53.9% | +0.7% |
| 2021 | +3.3% | +9.1% | +11.1% |
| 2020 | +79.0% | +17.1% | +27.4% |
| 2019 | -12.2% | -36.6% | -8.5% |
| 2018 | -10.4% | -15.9% | -29.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2013 |
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 Tennessee Tow Truck Association 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: 80%
- fundraising: 5%
According to IRS 990 filings, Tennessee Tow Truck Association Inc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% 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 $13K, with revenue exceeding expenses.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that executive leadership is either volunteer-based or compensated through other means not classified as officer compensation, which is positive 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.
Strengths
The following positive indicators were identified for Tennessee Tow Truck Association Inc:
- Consistent financial stability with zero liabilities reported across all filings.
- Strong revenue growth over the past decade, from $16,377 in 2013 to $90,751 in 2023.
- No reported officer compensation, indicating efficient use of funds for organizational activities.
- Healthy asset base relative to annual revenue, with $72,153 in assets against $90,751 revenue in 2023.
- Regular and consistent IRS 990 filing history, demonstrating transparency.
Frequently Asked Questions about Tennessee Tow Truck Association Inc
Is Tennessee Tow Truck Association Inc a legitimate charity?
Tennessee Tow Truck Association Inc (EIN: 200717278) is a registered tax-exempt nonprofit based in Tennessee. Our AI analysis gives it a Mission Score of 85/100. It has 11 years of IRS 990 filings on record. Total revenue: $77K. No red flags identified. 5 strengths noted. Financial health grade: A.
How does Tennessee Tow Truck Association Inc spend its money?
Tennessee Tow Truck Association Inc directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Tennessee Tow Truck Association Inc tax-deductible?
Tennessee Tow Truck Association Inc is registered as a tax-exempt nonprofit (EIN: 200717278). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Tennessee Tow Truck Association Inc's spending goes to programs?
Tennessee Tow Truck Association Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Tennessee Tow Truck Association Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Tennessee Tow Truck Association Inc is above average for NTEE category S41 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Tennessee Tow Truck Association Inc located?
Tennessee Tow Truck Association Inc is headquartered in Memphis, Tennessee and files with the IRS under EIN 200717278. It is classified under NTEE code S41.
How many years of IRS 990 filings does Tennessee Tow Truck Association Inc have?
Tennessee Tow Truck Association 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 $77K in total revenue.
Is Tennessee Tow Truck Association Inc. financially stable?
Yes, the organization appears financially stable, consistently reporting positive net assets and zero liabilities across all 11 filings, with assets of $72,153 against revenues of $90,751 in the latest period (202312).
How has the organization's revenue changed over time?
The organization has shown significant revenue growth, increasing from $16,377 in 2013 to $90,751 in 2023, indicating expanding operations or membership.
Does the organization pay its officers?
Based on the provided data, the organization consistently reports 0% officer compensation, suggesting that officers are not paid or are compensated in a manner not categorized as officer compensation on the 990.
Filing History
IRS 990 filing history for Tennessee Tow Truck Association Inc showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2012–2023), Tennessee Tow Truck Association Inc's revenue has grown by 826%, moving from $10K to $91K. Total assets increased by 132.2% over the same period, from $31K to $72K. In its most recent filing year (2023), Tennessee Tow Truck Association Inc reported a surplus of $13K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $91K | $78K | $72K | $0 | — | — |
| 2021 | $65K | $51K | $72K | $0 | — | View 990 |
| 2020 | $63K | $47K | $65K | $0 | — | — |
| 2019 | $35K | $40K | $51K | $0 | — | View 990 |
| 2018 | $40K | $63K | $55K | $0 | — | View 990 |
| 2017 | $45K | $75K | $78K | $0 | — | View 990 |
| 2016 | $51K | $4K | $108K | $0 | — | View 990 |
| 2015 | $30K | $13K | $71K | $0 | — | View 990 |
| 2014 | $22K | $0 | $36K | $0 | — | View 990 |
| 2013 | $16K | $0 | $46K | $0 | — | View 990 |
| 2012 | $10K | $0 | $31K | $0 | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $91K, expenses of $78K, and assets of $72K (revenue +40.0% year-over-year).
- 2021: Revenue of $65K, expenses of $51K, and assets of $72K (revenue +3.3% year-over-year).
- 2020: Revenue of $63K, expenses of $47K, and assets of $65K (revenue +79.0% year-over-year).
- 2019: Revenue of $35K, expenses of $40K, and assets of $51K (revenue -12.2% year-over-year).
- 2018: Revenue of $40K, expenses of $63K, and assets of $55K (revenue -10.4% year-over-year).
- 2017: Revenue of $45K, expenses of $75K, and assets of $78K (revenue -13.0% year-over-year).
- 2016: Revenue of $51K, expenses of $4K, and assets of $108K (revenue +72.9% year-over-year).
- 2015: Revenue of $30K, expenses of $13K, and assets of $71K (revenue +35.6% year-over-year).
- 2014: Revenue of $22K, expenses of $0, and assets of $36K (revenue +33.5% year-over-year).
- 2013: Revenue of $16K, expenses of $0, and assets of $46K (revenue +67.1% year-over-year).
- 2012: Revenue of $10K, expenses of $0, and assets of $31K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Tennessee Tow Truck Association Inc:
Data Sources and Methodology
This transparency report for Tennessee Tow Truck Association 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.