Town Fair Tire Centers Inc Employees Benefit Trust
Town Fair Tire Centers Inc Employees Benefit Trust: Low Transparency, No Program Spending
EIN: 223088352 · East Haven, CT · NTEE: J20 · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Expenses | $4.3M |
| Transparency Score | 20/100 |
Is Town Fair Tire Centers Inc Employees Benefit Trust Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Town Fair Tire Centers Inc Employees Benefit Trust
Town Fair Tire Centers Inc Employees Benefit Trust (EIN: 223088352) is a nonprofit organization based in East Haven, CT, classified under NTEE code J20. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Town Fair Tire Centers Inc Employees Benefit Trust's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Town Fair Tire Centers Inc Employees Benefit Trust is a mid-size nonprofit that has been operating for 35 years, with 3 years of IRS 990 filings on record (2011–2013). Revenue has grown at a compound annual rate of -5.2%.
Key Financial Metrics (2013)
From the most recent IRS 990 filing on record:
| Total Revenue | $4.3M |
| Total Expenses | $4.3M |
| Surplus / Deficit | +$0 |
| Total Assets | $0 |
| Net Assets | $0 |
| Operating Margin | 0.0% |
| Months of Reserves | 0.0 months |
Financial Health Grade: B
In 2013, Town Fair Tire Centers Inc Employees Benefit Trust reported a surplus of $0 with revenue exceeding expenses, holds 0.0 months of operating reserves (limited).
Financial Trends
Over 3 years of filings (2011–2013), Town Fair Tire Centers Inc Employees Benefit Trust's revenue has declined at a compound annual growth rate (CAGR) of -5.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2013 | -25.3% | -25.3% | -100.0% |
| 2012 | +20.3% | +20.3% | +23.8% |
IRS Tax-Exempt Classification
| IRS Ruling Date | 1991 |
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 Town Fair Tire Centers Inc Employees Benefit Trust with a Mission Score of 20 out of 100 (Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 0%
- programs: 0%
- fundraising: 0%
According to IRS 990 filings, Town Fair Tire Centers Inc Employees Benefit Trust allocates its expenses as follows: admin: 0%, programs: 0%, fundraising: 0%.
Key Financial Metrics (2013)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $0, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation cannot be assessed as no compensation data is provided in the available filings.
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 Town Fair Tire Centers Inc Employees Benefit Trust's IRS 990 filings:
- No program service expenses reported across all available filings.
- Zero assets reported for 2013, a significant drop from $1,601,428 in 2012.
- Lack of detailed financial breakdowns beyond total revenue and expenses.
- No clear mission or activities described in the provided data.
Strengths
The following positive indicators were identified for Town Fair Tire Centers Inc Employees Benefit Trust:
- Consistent revenue generation over the reported years (e.g., $4,335,779 in 2013).
Frequently Asked Questions about Town Fair Tire Centers Inc Employees Benefit Trust
Is Town Fair Tire Centers Inc Employees Benefit Trust a legitimate charity?
Based on AI analysis of IRS 990 filings, Town Fair Tire Centers Inc Employees Benefit Trust (EIN: 223088352) significant concerns. Mission Score: 20/100. 4 red flags identified, 1 strength noted.
How does Town Fair Tire Centers Inc Employees Benefit Trust spend its money?
Detailed spending breakdown data is not yet available for Town Fair Tire Centers Inc Employees Benefit Trust. Check back for updated IRS 990 analysis.
Are donations to Town Fair Tire Centers Inc Employees Benefit Trust tax-deductible?
Town Fair Tire Centers Inc Employees Benefit Trust is registered as a tax-exempt nonprofit (EIN: 223088352). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Town Fair Tire Centers Inc Employees Benefit Trust compare to similar nonprofits?
With a transparency score of 20/100 (Poor), Town Fair Tire Centers Inc Employees Benefit Trust is below average for NTEE category J20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Town Fair Tire Centers Inc Employees Benefit Trust located?
Town Fair Tire Centers Inc Employees Benefit Trust is headquartered in East Haven, Connecticut and files with the IRS under EIN 223088352. It is classified under NTEE code J20.
How many years of IRS 990 filings does Town Fair Tire Centers Inc Employees Benefit Trust have?
Town Fair Tire Centers Inc Employees Benefit Trust has 3 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data.
What does Town Fair Tire Centers Inc Employees Benefit Trust do?
Town Fair Tire Centers Inc Employees Benefit Trust is a nonprofit organization in the Employment sector, located in East Haven, Connecticut. It is classified under NTEE code J20.
How much revenue does Town Fair Tire Centers Inc Employees Benefit Trust have?
Town Fair Tire Centers Inc Employees Benefit Trust reported total revenue of N/A. Based on 3 IRS 990 filings on record.
What are Town Fair Tire Centers Inc Employees Benefit Trust's total assets?
Town Fair Tire Centers Inc Employees Benefit Trust holds total assets of N/A as reported in IRS 990 filings.
Where is Town Fair Tire Centers Inc Employees Benefit Trust located?
Town Fair Tire Centers Inc Employees Benefit Trust is based in East Haven, Connecticut.
What is Town Fair Tire Centers Inc Employees Benefit Trust's EIN?
Town Fair Tire Centers Inc Employees Benefit Trust's Employer Identification Number (EIN) is 223088352. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Town Fair Tire Centers Inc Employees Benefit Trust?
Town Fair Tire Centers Inc Employees Benefit Trust is classified under NTEE code J20 (Employment).
Is Town Fair Tire Centers Inc Employees Benefit Trust a registered 501(c)(3)?
Yes, Town Fair Tire Centers Inc Employees Benefit Trust is recognized as a tax-exempt organization by the IRS. EIN: 223088352.
Does Town Fair Tire Centers Inc Employees Benefit Trust file IRS Form 990?
Yes, Town Fair Tire Centers Inc Employees Benefit Trust has 3 IRS Form 990 filings on record. The most recent covers tax period 201312.
What was Town Fair Tire Centers Inc Employees Benefit Trust's revenue in 2013?
In the 201312 filing period, Town Fair Tire Centers Inc Employees Benefit Trust reported total revenue of $4,335,779, total expenses of $4,335,779, and net assets of N/A.
Is Town Fair Tire Centers Inc Employees Benefit Trust's revenue growing or declining?
Town Fair Tire Centers Inc Employees Benefit Trust's revenue is declining. Revenue went from $5,801,457 (201212) to $4,335,779 (201312), a -25.3% change. Based on 3 filings on record.
What is Town Fair Tire Centers Inc Employees Benefit Trust's most recent 990 filing?
The most recent IRS Form 990 filing for Town Fair Tire Centers Inc Employees Benefit Trust covers tax period 201312. It shows revenue of $4,335,779, expenses of $4,335,779, total assets of N/A, and liabilities of N/A.
Is Town Fair Tire Centers Inc Employees Benefit Trust a trustworthy charity?
Based on AI analysis of IRS 990 data, Town Fair Tire Centers Inc Employees Benefit Trust has notable concerns. Mission Score: 20/100 (Poor). 4 red flags identified. 1 strength noted.
What are the red flags for Town Fair Tire Centers Inc Employees Benefit Trust?
The following concerns were identified: No program service expenses reported across all available filings.. Zero assets reported for 2013, a significant drop from $1,601,428 in 2012.. Lack of detailed financial breakdowns beyond total revenue and expenses.. No clear mission or activities described in the provided data.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Town Fair Tire Centers Inc Employees Benefit Trust's strengths?
Positive indicators for Town Fair Tire Centers Inc Employees Benefit Trust include: Consistent revenue generation over the reported years (e.g., $4,335,779 in 2013).. These findings are derived from AI analysis of the organization's financial filings.
How does Town Fair Tire Centers Inc Employees Benefit Trust compensate executives?
Executive compensation cannot be assessed as no compensation data is provided in the available filings. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the 'Employees Benefit Trust' name, what specific benefits are provided to employees, and how are these benefits funded if no program expenses are reported?
The provided data does not specify the nature of employee benefits or how they are funded. The absence of program expenses suggests that direct benefit distribution is not categorized as such in the available filings, or the trust's primary function is not direct benefit provision.
What caused the complete depletion of assets from $1,601,428 in 2012 to $0 in 2013?
The provided data does not offer an explanation for the significant decrease in assets from $1,601,428 in 2012 to $0 in 2013. This would require further investigation into the trust's financial statements or operational changes during that period.
Filing History
IRS 990 filing history for Town Fair Tire Centers Inc Employees Benefit Trust showing financial trends over 3 years of public records:
Over 3 years of IRS 990 filings (2011–2013), Town Fair Tire Centers Inc Employees Benefit Trust's revenue has declined by 10.1%, moving from $4.8M to $4.3M. Total assets decreased by 100% over the same period, from $1.3M to $0. Total functional expenses fell by 10.1%, from $4.8M to $4.3M. In its most recent filing year (2013), Town Fair Tire Centers Inc Employees Benefit Trust reported a surplus of $0, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2013 | $4.3M | $4.3M | $0 | $0 | — | View 990 |
| 2012 | $5.8M | $5.8M | $1.6M | $1.6M | — | View 990 |
| 2011 | $4.8M | $4.8M | $1.3M | $1.3M | — | View 990 |
Year-by-Year Financial Summary
- 2013: Revenue of $4.3M, expenses of $4.3M, and assets of $0 (revenue -25.3% year-over-year).
- 2012: Revenue of $5.8M, expenses of $5.8M, and assets of $1.6M (revenue +20.3% year-over-year).
- 2011: Revenue of $4.8M, expenses of $4.8M, and assets of $1.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Town Fair Tire Centers Inc Employees Benefit Trust:
Data Sources and Methodology
This transparency report for Town Fair Tire Centers Inc Employees Benefit Trust 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.