Three Village Teachers Association Welfare Trust Fund

Three Village Teachers Association Welfare Trust Fund consistently operates with surpluses and zero liabilities, growing assets.

EIN: 113451017 · East Setauket, NY · NTEE: Y43 · Updated: 2026-03-28

$2.5MRevenue
$4.4MAssets
90/100Mission Score (Excellent)
Y43
Three Village Teachers Association Welfare Trust Fund Financial Summary
MetricValue
Total Revenue$2.5M
Total Expenses$1.8M
Program Spending95%
CEO/Top Officer Pay$2
Net Assets$2.7M
Transparency Score90/100

Is Three Village Teachers Association Welfare Trust Fund Legit?

Appears Legitimate

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
NoneRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Three Village Teachers Association Welfare Trust Fund directs 95% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Three Village Teachers Association Welfare Trust Fund

Three Village Teachers Association Welfare Trust Fund (EIN: 113451017) is a nonprofit organization based in East Setauket, NY, classified under NTEE code Y43. The organization reported total revenue of $2.5M and total assets of $4.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Three Village Teachers Association Welfare Trust Fund's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

19Years Operating
Mid-SizeSize Classification
13Years of Filings
MixedRevenue Trajectory

Three Village Teachers Association Welfare Trust Fund is a mid-size nonprofit that has been operating for 19 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 2.5%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$2.6M
Total Expenses$1.8M
Surplus / Deficit+$789K
Total Assets$2.7M
Net Assets$2.7M
Operating Margin30.5%
Months of Reserves18.3 months

Financial Health Grade: A

In 2023, Three Village Teachers Association Welfare Trust Fund reported a surplus of $789K with revenue exceeding expenses, holds 18.3 months of operating reserves (strong position).

Financial Trends

Over 13 years of filings (2011–2023), Three Village Teachers Association Welfare Trust Fund's revenue has grown at a compound annual growth rate (CAGR) of 2.5%.

YearRevenue ChangeExpense ChangeAsset Change
2023+56.8%+5.1%+40.4%
2022+5.2%-6.3%-3.1%
2021-4.3%+27.8%-11.3%
2020-5.5%-13.9%+13.3%
2019+6.4%+9.3%+0.9%

IRS Tax-Exempt Classification

IRS Classification Codes2000
IRS Ruling Date2007

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

The Three Village Teachers Association Welfare Trust Fund demonstrates a stable financial position with consistent revenue streams and a healthy asset base. In the latest filing period (202306), the organization reported revenue of $2,591,238 against expenses of $1,801,910, resulting in a significant surplus. This trend of generating surpluses, as seen in 202306 and 202006, contributes to its growing assets, which reached $2,744,447 in 202306. The organization consistently reports zero liabilities, indicating strong financial management and no reliance on debt. Spending efficiency appears high, as the primary function of a welfare trust fund is to provide benefits, which are typically categorized as program expenses. The absence of reported officer compensation across all filings suggests that administrative costs related to executive salaries are non-existent, further enhancing efficiency. The organization's NTEE code Y43 (Employee or Member Welfare Benefit Funds) aligns with its name and likely operational focus. Transparency is strong given the consistent filing of IRS Form 990s over 13 periods and the clear reporting of zero liabilities and officer compensation. The consistent financial reporting, including detailed revenue, expense, and asset figures, provides a clear picture of its financial activities. The lack of officer compensation also indicates a volunteer-led or very lean administrative structure, which is a positive sign for donor confidence.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Three Village Teachers Association Welfare Trust Fund with a Mission Score of 90 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

According to IRS 990 filings, Three Village Teachers Association Welfare Trust Fund allocates its expenses as follows: admin: 5%, programs: 95%, fundraising: 0%. With 95% 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:

$2.6MTotal Revenue
$1.8MTotal Expenses
$2.7MTotal Assets
$2.7MNet Assets

Executive Compensation Analysis

Executive compensation is consistently reported as 0% across all available filings, indicating that the organization's leadership is either entirely volunteer-based or compensated through other means not reported as officer compensation, which is highly efficient for an organization of its size with revenues exceeding $2 million.

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 Three Village Teachers Association Welfare Trust Fund:

Frequently Asked Questions about Three Village Teachers Association Welfare Trust Fund

Is Three Village Teachers Association Welfare Trust Fund a legitimate charity?

Based on AI analysis of IRS 990 filings, Three Village Teachers Association Welfare Trust Fund (EIN: 113451017) appears legitimate. Mission Score: 90/100. 0 red flags identified, 5 strengths noted.

How does Three Village Teachers Association Welfare Trust Fund spend its money?

Three Village Teachers Association Welfare Trust Fund directs 95% of its spending to programs and services. The remaining budget covers administration and fundraising costs.

Are donations to Three Village Teachers Association Welfare Trust Fund tax-deductible?

Three Village Teachers Association Welfare Trust Fund is registered as a tax-exempt nonprofit (EIN: 113451017). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

How much does the Three Village Teachers Association Welfare Trust Fund CEO make?

Three Village Teachers Association Welfare Trust Fund's highest-compensated officer earns $2 annually. The organization reported $2.5M in total revenue. Executive compensation data is disclosed in IRS 990 filings.

How does Three Village Teachers Association Welfare Trust Fund compare to similar nonprofits?

With a transparency score of 90/100 (Excellent), Three Village Teachers Association Welfare Trust Fund is above average for NTEE category Y43 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is Three Village Teachers Association Welfare Trust Fund located?

Three Village Teachers Association Welfare Trust Fund is headquartered in East Setauket, New York and files with the IRS under EIN 113451017. It is classified under NTEE code Y43.

How many years of IRS 990 filings does Three Village Teachers Association Welfare Trust Fund have?

Three Village Teachers Association Welfare Trust Fund 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 $2.5M in total revenue.

Is Three Village Teachers Association Welfare Trust Fund a good charity?

Based on its financial data, the organization appears to be very well-managed. It consistently generates surpluses, has zero liabilities, and reports no officer compensation, indicating high efficiency and a strong focus on its mission (likely providing welfare benefits).

How does the organization manage its administrative costs?

Administrative costs appear to be exceptionally low, as evidenced by the consistent reporting of 0% officer compensation across all 13 filings. This suggests a highly efficient, possibly volunteer-driven, administrative structure.

What is the trend in the organization's assets?

The organization's assets have shown a positive growth trend, increasing from $1,879,236 in 201706 to $2,744,447 in 202306, indicating sound financial management and accumulation of resources.

Filing History

IRS 990 filing history for Three Village Teachers Association Welfare Trust Fund showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Three Village Teachers Association Welfare Trust Fund's revenue has grown by 34.7%, moving from $1.9M to $2.6M. Total assets increased by 1.2% over the same period, from $2.7M to $2.7M. Total functional expenses rose by 11.5%, from $1.6M to $1.8M. In its most recent filing year (2023), Three Village Teachers Association Welfare Trust Fund reported a surplus of $789K, with revenue exceeding expenses.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $2.6M $1.8M $2.7M $0 View 990
2022 $1.7M $1.7M $2.0M $0 View 990
2021 $1.6M $1.8M $2.0M $0 View 990
2020 $1.6M $1.4M $2.3M $0
2019 $1.7M $1.7M $2.0M $0 View 990
2018 $1.6M $1.5M $2.0M $0 View 990
2017 $1.6M $1.6M $1.9M $0 View 990
2016 $1.4M $1.6M $1.9M $0 View 990
2015 $1.4M $1.4M $2.1M $0 View 990
2014 $1.3M $1.6M $2.2M $0 View 990
2013 $1.4M $1.6M $2.4M $0 View 990
2012 $1.5M $1.6M $2.6M $0 View 990
2011 $1.9M $1.6M $2.7M $0 View 990

Year-by-Year Financial Summary

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Three Village Teachers Association Welfare Trust Fund:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for Three Village Teachers Association Welfare Trust Fund 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.

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