The Therapon Institute Inc
Small nonprofit operates on thin margins with no executive compensation.
EIN: 200941319 · Marrero, LA · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $47K |
| Total Expenses | $36K |
| Program Spending | 90% |
| Net Assets | $-1,593 |
| Transparency Score | 75/100 |
Is The Therapon Institute Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
The Therapon Institute Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About The Therapon Institute Inc
The Therapon Institute Inc (EIN: 200941319) is a nonprofit organization based in Marrero, LA. The organization reported total revenue of $47K and total assets of $333 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Therapon Institute Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The Therapon Institute Inc is a micro nonprofit that has been operating for 25 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -6.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $33K |
| Total Expenses | $36K |
| Surplus / Deficit | $-3,165 |
| Total Assets | $2K |
| Total Liabilities | $3K |
| Net Assets | $-1,593 |
| Operating Margin | -9.7% |
| Debt-to-Asset Ratio | 201.3% |
| Months of Reserves | 0.5 months |
Financial Health Grade: D
In 2023, The Therapon Institute Inc reported a deficit of $3K with expenses exceeding revenue, holds 0.5 months of operating reserves (limited), has a debt-to-asset ratio of 201.3% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), The Therapon Institute Inc's revenue has declined at a compound annual growth rate (CAGR) of -6.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -32.7% | -13.2% | -78.3% |
| 2022 | +39.8% | +42.1% | -46.8% |
| 2021 | -0.8% | +37.9% | +71.4% |
| 2020 | -34.2% | -58.6% | +234.4% |
| 2019 | +40.1% | +40.8% | +27.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 7200 |
| IRS Ruling Date | 2001 |
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 The Therapon Institute Inc with a Mission Score of 75 out of 100 (Good). 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: 90%
- fundraising: 0%
According to IRS 990 filings, The Therapon Institute Inc allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% 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 deficit of $3K, with expenses exceeding revenue.
- Debt-to-asset ratio: 201.3%.
Executive Compensation Analysis
Executive compensation is consistently reported at 0% across all available filings, indicating that no salaries are paid to officers, which is highly unusual for an organization of any size and suggests a volunteer-led or extremely lean operational model.
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 The Therapon Institute Inc's IRS 990 filings:
- Consistently very low or negative asset base, indicating lack of financial reserves.
- Expenses frequently exceed revenue, leading to operational deficits in multiple years (e.g., 2023, 2017, 2016, 2014).
Strengths
The following positive indicators were identified for The Therapon Institute Inc:
- Consistent reporting of 0% officer compensation, indicating high dedication of funds to mission.
- Consistent filing of IRS 990s, demonstrating transparency in compliance.
- Long operational history with 13 filings, suggesting resilience despite financial constraints.
Frequently Asked Questions about The Therapon Institute Inc
Is The Therapon Institute Inc a legitimate charity?
The Therapon Institute Inc (EIN: 200941319) is a registered tax-exempt nonprofit based in Louisiana. Our AI analysis gives it a Mission Score of 75/100. It has 13 years of IRS 990 filings on record. Total revenue: $47K. 2 red flags identified. 3 strengths noted. Financial health grade: D.
How does The Therapon Institute Inc spend its money?
The Therapon Institute Inc directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to The Therapon Institute Inc tax-deductible?
The Therapon Institute Inc is registered as a tax-exempt nonprofit (EIN: 200941319). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is The Therapon Institute Inc located?
The Therapon Institute Inc is headquartered in Marrero, Louisiana and files with the IRS under EIN 200941319.
How many years of IRS 990 filings does The Therapon Institute Inc have?
The Therapon Institute Inc has 13 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 $47K in total revenue.
How does The Therapon Institute Inc. sustain its operations with such low assets and occasional deficits?
The organization appears to operate on a cash-flow basis, with revenue largely covering immediate expenses. The consistent low asset base and occasional negative assets suggest it does not build significant reserves and relies heavily on current period donations to fund activities.
What specific programs or services does The Therapon Institute Inc. provide?
The provided IRS 990 summary data does not detail specific programs or services. A deeper dive into the full 990 forms would be necessary to understand its programmatic activities.
Is the organization's financial health improving or declining?
Financially, the organization remains very small and appears to be stable in its small scale, but not significantly growing. Revenue and expenses fluctuate year-to-year without a clear upward or downward trend, and assets remain minimal, indicating consistent financial fragility rather than significant improvement or decline.
Filing History
IRS 990 filing history for The Therapon Institute Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), The Therapon Institute Inc's revenue has declined by 53.7%, moving from $71K to $33K. Total assets increased by 18.4% over the same period, from $1K to $2K. Total functional expenses fell by 48.8%, from $70K to $36K. In its most recent filing year (2023), The Therapon Institute Inc reported a deficit of $3K, with expenses exceeding revenue. The organization holds $3K in liabilities against $2K in assets (debt-to-asset ratio: 201.3%), resulting in net assets of $-1,593.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $33K | $36K | $2K | $3K | — | — |
| 2022 | $49K | $41K | $7K | $0 | — | View 990 |
| 2021 | $35K | $29K | $14K | $0 | — | View 990 |
| 2020 | $35K | $21K | $8K | $0 | — | View 990 |
| 2019 | $53K | $51K | $2K | $0 | — | View 990 |
| 2018 | $38K | $36K | $2K | $0 | — | View 990 |
| 2017 | $37K | $37K | $-435 | $0 | — | View 990 |
| 2016 | $54K | $57K | $-2,499 | $0 | — | View 990 |
| 2015 | $37K | $36K | $1K | $0 | — | View 990 |
| 2014 | $46K | $49K | $-3,252 | $0 | — | View 990 |
| 2013 | $42K | $39K | $4K | $0 | — | View 990 |
| 2012 | $62K | $62K | $1K | $0 | — | View 990 |
| 2011 | $71K | $70K | $1K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $33K, expenses of $36K, and assets of $2K (revenue -32.7% year-over-year).
- 2022: Revenue of $49K, expenses of $41K, and assets of $7K (revenue +39.8% year-over-year).
- 2021: Revenue of $35K, expenses of $29K, and assets of $14K (revenue -0.8% year-over-year).
- 2020: Revenue of $35K, expenses of $21K, and assets of $8K (revenue -34.2% year-over-year).
- 2019: Revenue of $53K, expenses of $51K, and assets of $2K (revenue +40.1% year-over-year).
- 2018: Revenue of $38K, expenses of $36K, and assets of $2K (revenue +3.5% year-over-year).
- 2017: Revenue of $37K, expenses of $37K, and assets of $-435 (revenue -32.2% year-over-year).
- 2016: Revenue of $54K, expenses of $57K, and assets of $-2,499 (revenue +45.4% year-over-year).
- 2015: Revenue of $37K, expenses of $36K, and assets of $1K (revenue -18.5% year-over-year).
- 2014: Revenue of $46K, expenses of $49K, and assets of $-3,252 (revenue +8.3% year-over-year).
- 2013: Revenue of $42K, expenses of $39K, and assets of $4K (revenue -32.3% year-over-year).
- 2012: Revenue of $62K, expenses of $62K, and assets of $1K (revenue -11.7% year-over-year).
- 2011: Revenue of $71K, expenses of $70K, and assets of $1K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The Therapon Institute Inc:
Data Sources and Methodology
This transparency report for The Therapon Institute 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.