Touch Of Class Catalog Employee Benefit Tr
EIN: 351998409 · Huntingburg, IN
Is Touch Of Class Catalog Employee Benefit Tr Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Touch Of Class Catalog Employee Benefit Tr
Touch Of Class Catalog Employee Benefit Tr (EIN: 351998409) is a nonprofit organization based in Huntingburg, IN. The organization reported total revenue of $857K and total assets of $34K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Touch Of Class Catalog Employee Benefit Tr's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Touch Of Class Catalog Employee Benefit Tr is a small nonprofit that has been operating for 28 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $825K |
| Total Expenses | $819K |
| Surplus / Deficit | +$6K |
| Total Assets | $11K |
| Total Liabilities | $55K |
| Net Assets | $-44,084 |
| Operating Margin | 0.7% |
| Debt-to-Asset Ratio | 503.8% |
| Months of Reserves | 0.2 months |
Financial Health Grade: B
In 2023, Touch Of Class Catalog Employee Benefit Tr reported a surplus of $6K with revenue exceeding expenses, holds 0.2 months of operating reserves (limited), has a debt-to-asset ratio of 503.8% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Touch Of Class Catalog Employee Benefit Tr's revenue has grown at a compound annual growth rate (CAGR) of 3.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -13.8% | -20.4% | +8.6% |
| 2022 | +46.7% | +52.8% | -85.0% |
| 2021 | -17.6% | -12.4% | -2.1% |
| 2020 | +18.3% | +21.6% | +49.9% |
| 2019 | -20.1% | -26.7% | +35.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1998 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Touch Of Class Catalog Employee Benefit Tr 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 Touch Of Class Catalog Employee Benefit Tr 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 $6K, with revenue exceeding expenses.
- Debt-to-asset ratio: 503.8%.
Frequently Asked Questions about Touch Of Class Catalog Employee Benefit Tr
Is Touch Of Class Catalog Employee Benefit Tr a legitimate charity?
Based on AI analysis of IRS 990 filings, Touch Of Class Catalog Employee Benefit Tr (EIN: 351998409) insufficient data. 0 red flags identified, 0 strengths noted.
How does Touch Of Class Catalog Employee Benefit Tr spend its money?
Detailed spending breakdown data is not yet available for Touch Of Class Catalog Employee Benefit Tr. Check back for updated IRS 990 analysis.
Are donations to Touch Of Class Catalog Employee Benefit Tr tax-deductible?
Touch Of Class Catalog Employee Benefit Tr is registered as a tax-exempt nonprofit (EIN: 351998409). 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 Touch Of Class Catalog Employee Benefit Tr showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Touch Of Class Catalog Employee Benefit Tr's revenue has grown by 50.9%, moving from $547K to $825K. Total assets decreased by 85.6% over the same period, from $76K to $11K. Total functional expenses rose by 73.6%, from $472K to $819K. In its most recent filing year (2023), Touch Of Class Catalog Employee Benefit Tr reported a surplus of $6K, with revenue exceeding expenses. The organization holds $55K in liabilities against $11K in assets (debt-to-asset ratio: 503.8%), resulting in net assets of $-44,084.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $825K | $819K | $11K | $55K | — | — |
| 2022 | $957K | $1.0M | $10K | $60K | — | View 990 |
| 2021 | $652K | $674K | $67K | $45K | — | View 990 |
| 2020 | $792K | $769K | $69K | $25K | — | — |
| 2019 | $669K | $632K | $46K | $25K | — | View 990 |
| 2018 | $838K | $863K | $34K | $50K | — | View 990 |
| 2017 | $726K | $711K | $24K | $15K | — | — |
| 2016 | $631K | $679K | $32K | $38K | — | View 990 |
| 2015 | $575K | $588K | $57K | $15K | — | View 990 |
| 2014 | $976K | $915K | $117K | $62K | — | View 990 |
| 2013 | $982K | $860K | $44K | $50K | — | View 990 |
| 2012 | $482K | $672K | $3K | $130K | — | View 990 |
| 2011 | $547K | $472K | $76K | $13K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $825K, expenses of $819K, and assets of $11K (revenue -13.8% year-over-year).
- 2022: Revenue of $957K, expenses of $1.0M, and assets of $10K (revenue +46.7% year-over-year).
- 2021: Revenue of $652K, expenses of $674K, and assets of $67K (revenue -17.6% year-over-year).
- 2020: Revenue of $792K, expenses of $769K, and assets of $69K (revenue +18.3% year-over-year).
- 2019: Revenue of $669K, expenses of $632K, and assets of $46K (revenue -20.1% year-over-year).
- 2018: Revenue of $838K, expenses of $863K, and assets of $34K (revenue +15.4% year-over-year).
- 2017: Revenue of $726K, expenses of $711K, and assets of $24K (revenue +15.0% year-over-year).
- 2016: Revenue of $631K, expenses of $679K, and assets of $32K (revenue +9.9% year-over-year).
- 2015: Revenue of $575K, expenses of $588K, and assets of $57K (revenue -41.1% year-over-year).
- 2014: Revenue of $976K, expenses of $915K, and assets of $117K (revenue -0.7% year-over-year).
- 2013: Revenue of $982K, expenses of $860K, and assets of $44K (revenue +103.8% year-over-year).
- 2012: Revenue of $482K, expenses of $672K, and assets of $3K (revenue -11.9% year-over-year).
- 2011: Revenue of $547K, expenses of $472K, and assets of $76K.
Data Sources and Methodology
This transparency report for Touch Of Class Catalog Employee Benefit Tr 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.