Towsontowne Recreation Council
EIN: 521635117 · Towson, MD · NTEE: N30Z
| Metric | Value |
|---|---|
| Total Revenue | $179K |
| Total Expenses | $240K |
| Net Assets | $534K |
Is Towsontowne Recreation Council Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Towsontowne Recreation Council
Towsontowne Recreation Council (EIN: 521635117) is a nonprofit organization based in Towson, MD, classified under NTEE code N30Z. The organization reported total revenue of $179K and total assets of $413K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Towsontowne Recreation Council's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Towsontowne Recreation Council is a small nonprofit that has been operating for 37 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -5.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $242K |
| Total Expenses | $240K |
| Surplus / Deficit | +$3K |
| Total Assets | $534K |
| Net Assets | $534K |
| Operating Margin | 1.0% |
| Months of Reserves | 26.7 months |
Financial Health Grade: A
In 2023, Towsontowne Recreation Council reported a surplus of $3K with revenue exceeding expenses, holds 26.7 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Towsontowne Recreation Council's revenue has declined at a compound annual growth rate (CAGR) of -5.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +30.9% | +63.5% | +0.5% |
| 2022 | +130.6% | +59.2% | +7.8% |
| 2021 | -71.7% | -71.7% | -2.3% |
| 2020 | -24.6% | -9.7% | -7.6% |
| 2019 | -18.2% | -10.4% | +3.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1989 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Towsontowne Recreation Council 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 Towsontowne Recreation Council 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 $3K, with revenue exceeding expenses.
Frequently Asked Questions about Towsontowne Recreation Council
Is Towsontowne Recreation Council a legitimate charity?
Towsontowne Recreation Council (EIN: 521635117) is a registered tax-exempt nonprofit based in Maryland. It has 13 years of IRS 990 filings on record. Total revenue: $179K. No red flags identified. Financial health grade: A.
How does Towsontowne Recreation Council spend its money?
Towsontowne Recreation Council reported $179K in total revenue in IRS 990 filings. 13 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Towsontowne Recreation Council tax-deductible?
Towsontowne Recreation Council is registered as a tax-exempt nonprofit (EIN: 521635117). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Towsontowne Recreation Council located?
Towsontowne Recreation Council is headquartered in Towson, Maryland and files with the IRS under EIN 521635117. It is classified under NTEE code N30Z.
How many years of IRS 990 filings does Towsontowne Recreation Council have?
Towsontowne Recreation Council 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 $179K in total revenue.
Filing History
IRS 990 filing history for Towsontowne Recreation Council showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Towsontowne Recreation Council's revenue has declined by 46.5%, moving from $453K to $242K. Total assets increased by 65.3% over the same period, from $323K to $534K. Total functional expenses fell by 40.5%, from $403K to $240K. In its most recent filing year (2023), Towsontowne Recreation Council reported a surplus of $3K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $242K | $240K | $534K | $0 | — | View 990 |
| 2022 | $185K | $147K | $531K | $0 | — | View 990 |
| 2021 | $80K | $92K | $493K | $0 | — | — |
| 2020 | $283K | $325K | $504K | $0 | — | View 990 |
| 2019 | $376K | $360K | $546K | $0 | — | View 990 |
| 2018 | $459K | $401K | $530K | $0 | — | View 990 |
| 2017 | $483K | $470K | $472K | $0 | — | View 990 |
| 2016 | $479K | $535K | $459K | $0 | — | View 990 |
| 2015 | $462K | $421K | $514K | $0 | — | View 990 |
| 2014 | $444K | $411K | $473K | $0 | — | View 990 |
| 2013 | $452K | $412K | $440K | $0 | — | View 990 |
| 2012 | $450K | $374K | $399K | $0 | — | View 990 |
| 2011 | $453K | $403K | $323K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $242K, expenses of $240K, and assets of $534K (revenue +30.9% year-over-year).
- 2022: Revenue of $185K, expenses of $147K, and assets of $531K (revenue +130.6% year-over-year).
- 2021: Revenue of $80K, expenses of $92K, and assets of $493K (revenue -71.7% year-over-year).
- 2020: Revenue of $283K, expenses of $325K, and assets of $504K (revenue -24.6% year-over-year).
- 2019: Revenue of $376K, expenses of $360K, and assets of $546K (revenue -18.2% year-over-year).
- 2018: Revenue of $459K, expenses of $401K, and assets of $530K (revenue -4.9% year-over-year).
- 2017: Revenue of $483K, expenses of $470K, and assets of $472K (revenue +0.8% year-over-year).
- 2016: Revenue of $479K, expenses of $535K, and assets of $459K (revenue +3.8% year-over-year).
- 2015: Revenue of $462K, expenses of $421K, and assets of $514K (revenue +4.0% year-over-year).
- 2014: Revenue of $444K, expenses of $411K, and assets of $473K (revenue -1.8% year-over-year).
- 2013: Revenue of $452K, expenses of $412K, and assets of $440K (revenue +0.4% year-over-year).
- 2012: Revenue of $450K, expenses of $374K, and assets of $399K (revenue -0.6% year-over-year).
- 2011: Revenue of $453K, expenses of $403K, and assets of $323K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Towsontowne Recreation Council:
Data Sources and Methodology
This transparency report for Towsontowne Recreation Council 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.