Toa Charities
EIN: 822154894 · Tempe, AZ · NTEE: Y03
| Metric | Value |
|---|---|
| Total Revenue | $23K |
| Total Expenses | $31K |
| Net Assets | $51K |
Is Toa Charities Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Toa Charities
Toa Charities (EIN: 822154894) is a nonprofit organization based in Tempe, AZ, classified under NTEE code Y03. The organization reported total revenue of $23K and total assets of $34K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Toa Charities's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Toa Charities is a micro nonprofit that has been operating for 9 years, with 3 years of IRS 990 filings on record (2019–2021). Revenue has grown at a compound annual rate of 78.7%.
Key Financial Metrics (2021)
From the most recent IRS 990 filing on record:
| Total Revenue | $56K |
| Total Expenses | $31K |
| Surplus / Deficit | +$24K |
| Total Assets | $51K |
| Total Liabilities | $1 |
| Net Assets | $51K |
| Operating Margin | 43.7% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 19.5 months |
Financial Health Grade: A
In 2021, Toa Charities reported a surplus of $24K with revenue exceeding expenses, holds 19.5 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 3 years of filings (2019–2021), Toa Charities's revenue has grown at a compound annual growth rate (CAGR) of 78.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2021 | +102.2% | +106.0% | +91.2% |
| 2020 | +58.0% | +51.4% | +85.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2017 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Toa Charities 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 Toa Charities 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 (2021)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $24K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Toa Charities
Is Toa Charities a legitimate charity?
Toa Charities (EIN: 822154894) is a registered tax-exempt nonprofit based in Arizona. It has 3 years of IRS 990 filings on record. Total revenue: $23K. No red flags identified. Financial health grade: A.
How does Toa Charities spend its money?
Toa Charities reported $23K in total revenue in IRS 990 filings. 3 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Toa Charities tax-deductible?
Toa Charities is registered as a tax-exempt nonprofit (EIN: 822154894). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Toa Charities located?
Toa Charities is headquartered in Tempe, Arizona and files with the IRS under EIN 822154894. It is classified under NTEE code Y03.
How many years of IRS 990 filings does Toa Charities have?
Toa Charities has 3 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $23K in total revenue.
Filing History
IRS 990 filing history for Toa Charities showing financial trends over 3 years of public records:
Over 3 years of IRS 990 filings (2019–2021), Toa Charities's revenue has grown by 219.5%, moving from $17K to $56K. Total assets increased by 255.2% over the same period, from $14K to $51K. Total functional expenses rose by 212%, from $10K to $31K. In its most recent filing year (2021), Toa Charities reported a surplus of $24K, with revenue exceeding expenses. The organization holds $1 in liabilities against $51K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $51K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2021 | $56K | $31K | $51K | $1 | — | — |
| 2020 | $28K | $15K | $27K | $1 | — | — |
| 2019 | $17K | $10K | $14K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2021: Revenue of $56K, expenses of $31K, and assets of $51K (revenue +102.2% year-over-year).
- 2020: Revenue of $28K, expenses of $15K, and assets of $27K (revenue +58.0% year-over-year).
- 2019: Revenue of $17K, expenses of $10K, and assets of $14K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Toa Charities:
Data Sources and Methodology
This transparency report for Toa Charities 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.