The Trust For Tomorrow
EIN: 264815517 · Fairfield, NC · NTEE: C32
Is The Trust For Tomorrow Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About The Trust For Tomorrow
The Trust For Tomorrow (EIN: 264815517) is a nonprofit organization based in Fairfield, NC, classified under NTEE code C32. The organization reported total revenue of $11.3M and total assets of $4.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Trust For Tomorrow's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The Trust For Tomorrow is a large nonprofit that has been operating for 16 years, with 13 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 49.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $13.5M |
| Total Expenses | $13.0M |
| Surplus / Deficit | +$511K |
| Total Assets | $5.0M |
| Total Liabilities | $2.6M |
| Net Assets | $2.5M |
| Operating Margin | 3.8% |
| Debt-to-Asset Ratio | 50.9% |
| Months of Reserves | 4.7 months |
Financial Health Grade: A
In 2023, The Trust For Tomorrow reported a surplus of $511K with revenue exceeding expenses, holds 4.7 months of operating reserves (adequate), has a debt-to-asset ratio of 50.9% (high leverage).
Financial Trends
Over 13 years of filings (2012–2023), The Trust For Tomorrow's revenue has grown at a compound annual growth rate (CAGR) of 49.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +14.7% | +15.7% | +64.0% |
| 2022 | +33.1% | +34.9% | +1.7% |
| 2021 | +30.2% | +30.7% | +84.4% |
| 2020 | +64.4% | +57.9% | +21.9% |
| 2019 | +152.2% | +149.6% | +162.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2100 |
| IRS Ruling Date | 2010 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for The Trust For Tomorrow 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 The Trust For Tomorrow 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 $511K, with revenue exceeding expenses.
- Debt-to-asset ratio: 50.9%.
Frequently Asked Questions about The Trust For Tomorrow
Is The Trust For Tomorrow a legitimate charity?
Based on AI analysis of IRS 990 filings, The Trust For Tomorrow (EIN: 264815517) insufficient data. 0 red flags identified, 0 strengths noted.
How does The Trust For Tomorrow spend its money?
Detailed spending breakdown data is not yet available for The Trust For Tomorrow. Check back for updated IRS 990 analysis.
Are donations to The Trust For Tomorrow tax-deductible?
The Trust For Tomorrow is registered as a tax-exempt nonprofit (EIN: 264815517). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for The Trust For Tomorrow showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2023), The Trust For Tomorrow's revenue has grown by 8440.5%, moving from $158K to $13.5M. Total assets increased by 6406.3% over the same period, from $77K to $5.0M. Total functional expenses rose by 15534.2%, from $83K to $13.0M. In its most recent filing year (2023), The Trust For Tomorrow reported a surplus of $511K, with revenue exceeding expenses. The organization holds $2.6M in liabilities against $5.0M in assets (debt-to-asset ratio: 50.9%), resulting in net assets of $2.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $13.5M | $13.0M | $5.0M | $2.6M | — | — |
| 2022 | $11.8M | $11.2M | $3.1M | $1.1M | — | View 990 |
| 2021 | $8.8M | $8.3M | $3.0M | $1.6M | — | View 990 |
| 2020 | $6.8M | $6.4M | $1.6M | $735K | — | — |
| 2019 | $4.1M | $4.0M | $1.3M | $860K | — | View 990 |
| 2018 | $1.6M | $1.6M | $511K | $126K | — | View 990 |
| 2017 | $1.9M | $1.8M | $442K | $80K | — | View 990 |
| 2016 | $624K | $616K | $530K | $281K | — | — |
| 2016 | $1.5M | $1.4M | $293K | $53K | — | View 990 |
| 2015 | $817K | $788K | $125K | $373 | — | View 990 |
| 2014 | $477K | $452K | $97K | $372 | — | View 990 |
| 2013 | $344K | $348K | $74K | $2K | — | View 990 |
| 2012 | $158K | $83K | $77K | $2K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $13.5M, expenses of $13.0M, and assets of $5.0M (revenue +14.7% year-over-year).
- 2022: Revenue of $11.8M, expenses of $11.2M, and assets of $3.1M (revenue +33.1% year-over-year).
- 2021: Revenue of $8.8M, expenses of $8.3M, and assets of $3.0M (revenue +30.2% year-over-year).
- 2020: Revenue of $6.8M, expenses of $6.4M, and assets of $1.6M (revenue +64.4% year-over-year).
- 2019: Revenue of $4.1M, expenses of $4.0M, and assets of $1.3M (revenue +152.2% year-over-year).
- 2018: Revenue of $1.6M, expenses of $1.6M, and assets of $511K (revenue -13.6% year-over-year).
- 2017: Revenue of $1.9M, expenses of $1.8M, and assets of $442K (revenue +203.7% year-over-year).
- 2016: Revenue of $624K, expenses of $616K, and assets of $530K (revenue -57.6% year-over-year).
- 2016: Revenue of $1.5M, expenses of $1.4M, and assets of $293K (revenue +80.3% year-over-year).
- 2015: Revenue of $817K, expenses of $788K, and assets of $125K (revenue +71.1% year-over-year).
- 2014: Revenue of $477K, expenses of $452K, and assets of $97K (revenue +38.7% year-over-year).
- 2013: Revenue of $344K, expenses of $348K, and assets of $74K (revenue +117.7% year-over-year).
- 2012: Revenue of $158K, expenses of $83K, and assets of $77K.
Data Sources and Methodology
This transparency report for The Trust For Tomorrow 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.