Tr Tipton Corp
Tr Tipton Corp consistently maintains extremely low expenses relative to revenue, accumulating significant assets with no reported officer compensation.
EIN: 202918079 · Dallas, TX · NTEE: S470 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $3.2M |
| Total Expenses | $123K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $75 |
| Net Assets | $41.7M |
| Transparency Score | 95/100 |
Is Tr Tipton Corp Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Tr Tipton Corp directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Tr Tipton Corp
Tr Tipton Corp (EIN: 202918079) is a nonprofit organization based in Dallas, TX, classified under NTEE code S470. The organization reported total revenue of $3.2M and total assets of $75.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Tr Tipton Corp's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Tr Tipton Corp is a mid-size nonprofit that has been operating for 20 years, with 12 years of IRS 990 filings on record (2011–2022). Revenue has grown at a compound annual rate of 6.6%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.0M |
| Total Expenses | $123K |
| Surplus / Deficit | +$1.8M |
| Total Assets | $75.8M |
| Total Liabilities | $34.1M |
| Net Assets | $41.7M |
| Operating Margin | 93.7% |
| Debt-to-Asset Ratio | 45.0% |
| Months of Reserves | 7370.2 months |
Financial Health Grade: A
In 2022, Tr Tipton Corp reported a surplus of $1.8M with revenue exceeding expenses, holds 7370.2 months of operating reserves (strong position), has a debt-to-asset ratio of 45.0% (moderate leverage).
Financial Trends
Over 12 years of filings (2011–2022), Tr Tipton Corp's revenue has grown at a compound annual growth rate (CAGR) of 6.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -21.3% | -20.6% | +12.2% |
| 2021 | +10.5% | +10.5% | +49.6% |
| 2020 | -2.4% | -2.4% | +7.4% |
| 2019 | +7.7% | +7.7% | +9.2% |
| 2018 | +4.6% | +4.6% | +10.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
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 Tr Tipton Corp with a Mission Score of 95 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
- admin: 5%
- programs: 90%
- fundraising: 5%
According to IRS 990 filings, Tr Tipton Corp allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $1.8M, with revenue exceeding expenses.
- Debt-to-asset ratio: 45.0%.
Executive Compensation Analysis
Tr Tipton Corp consistently reports 0% officer compensation across all available filings, indicating that no salaries or other compensation are paid to its officers. This suggests a volunteer-led or extremely lean executive structure, which is highly unusual for an organization with assets exceeding $75 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.
Red Flags
The following concerns were identified during AI analysis of Tr Tipton Corp's IRS 990 filings:
- Significant increase in liabilities in 2022 ($34,054,480 from $459,494 in 2021) without clear explanation in provided data.
- Lack of detailed expense breakdown (program, admin, fundraising) in the provided summary, making it difficult to fully assess spending efficiency beyond overall low expenses.
Strengths
The following positive indicators were identified for Tr Tipton Corp:
- Exceptional financial health with expenses consistently far below revenue (e.g., $123,345 expenses vs. $1,956,816 revenue in 2022).
- Strong asset growth over time, from $24 million in 2013 to over $75 million in 2022.
- No reported officer compensation across all filings, indicating a highly efficient and potentially volunteer-driven leadership.
- Consistent revenue generation over the past decade.
Frequently Asked Questions about Tr Tipton Corp
Is Tr Tipton Corp a legitimate charity?
Based on AI analysis of IRS 990 filings, Tr Tipton Corp (EIN: 202918079) some concerns. Mission Score: 95/100. 2 red flags identified, 4 strengths noted.
How does Tr Tipton Corp spend its money?
Tr Tipton Corp directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Tr Tipton Corp tax-deductible?
Tr Tipton Corp is registered as a tax-exempt nonprofit (EIN: 202918079). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Tr Tipton Corp CEO make?
Tr Tipton Corp's highest-compensated officer earns $75 annually. The organization reported $3.2M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Tr Tipton Corp's spending goes to programs?
Tr Tipton Corp directs 90% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Tr Tipton Corp compare to similar nonprofits?
With a transparency score of 95/100 (Excellent), Tr Tipton Corp is above average for NTEE category S470 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Tr Tipton Corp located?
Tr Tipton Corp is headquartered in Dallas, Texas and files with the IRS under EIN 202918079. It is classified under NTEE code S470.
How many years of IRS 990 filings does Tr Tipton Corp have?
Tr Tipton Corp has 12 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 $3.2M in total revenue.
What are the specific program activities funded by Tr Tipton Corp?
The provided data does not detail the specific program activities. Given the NTEE code S470 (Philanthropy, Voluntarism, and Grantmaking Foundations - Private Grantmaking Foundations), it is likely involved in grantmaking, but further information from their full 990 filing would be needed to understand their specific impact areas.
How does Tr Tipton Corp manage to operate with such low expenses relative to its revenue?
The extremely low expense ratio suggests that Tr Tipton Corp may primarily function as a grantmaking foundation or an organization with minimal operational overhead, possibly relying heavily on volunteer efforts or outsourcing administrative functions. The consistent reporting of 0% officer compensation supports this lean operational model.
What is the purpose of the significant increase in liabilities in 2022?
Liabilities increased substantially from $459,494 in 2021 to $34,054,480 in 2022. This significant jump warrants further investigation into the nature of these liabilities, such as new debt, deferred revenue, or other obligations, as it represents a substantial portion of the organization's assets.
Filing History
IRS 990 filing history for Tr Tipton Corp showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2022), Tr Tipton Corp's revenue has grown by 101.9%, moving from $969K to $2.0M. Total assets increased by 239.7% over the same period, from $22.3M to $75.8M. Total functional expenses rose by 103.6%, from $61K to $123K. In its most recent filing year (2022), Tr Tipton Corp reported a surplus of $1.8M, with revenue exceeding expenses. The organization holds $34.1M in liabilities against $75.8M in assets (debt-to-asset ratio: 45.0%), resulting in net assets of $41.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $2.0M | $123K | $75.8M | $34.1M | — | View 990 |
| 2021 | $2.5M | $155K | $67.5M | $459K | — | — |
| 2020 | $2.3M | $141K | $45.1M | $480K | — | — |
| 2019 | $2.3M | $144K | $42.0M | $332K | — | View 990 |
| 2018 | $2.1M | $134K | $38.5M | $347K | — | View 990 |
| 2017 | $2.0M | $128K | $34.8M | $357K | — | View 990 |
| 2016 | $1.9M | $117K | $31.4M | $289K | — | View 990 |
| 2015 | $1.0M | $63K | $30.3M | $13.1M | — | View 990 |
| 2014 | $806K | $50K | $26.7M | $13.3M | — | View 990 |
| 2013 | $865K | $54K | $24.1M | $13.0M | — | View 990 |
| 2012 | $886K | $55K | $22.6M | $13.1M | — | View 990 |
| 2011 | $969K | $61K | $22.3M | $13.0M | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $2.0M, expenses of $123K, and assets of $75.8M (revenue -21.3% year-over-year).
- 2021: Revenue of $2.5M, expenses of $155K, and assets of $67.5M (revenue +10.5% year-over-year).
- 2020: Revenue of $2.3M, expenses of $141K, and assets of $45.1M (revenue -2.4% year-over-year).
- 2019: Revenue of $2.3M, expenses of $144K, and assets of $42.0M (revenue +7.7% year-over-year).
- 2018: Revenue of $2.1M, expenses of $134K, and assets of $38.5M (revenue +4.6% year-over-year).
- 2017: Revenue of $2.0M, expenses of $128K, and assets of $34.8M (revenue +9.0% year-over-year).
- 2016: Revenue of $1.9M, expenses of $117K, and assets of $31.4M (revenue +86.5% year-over-year).
- 2015: Revenue of $1.0M, expenses of $63K, and assets of $30.3M (revenue +24.9% year-over-year).
- 2014: Revenue of $806K, expenses of $50K, and assets of $26.7M (revenue -6.8% year-over-year).
- 2013: Revenue of $865K, expenses of $54K, and assets of $24.1M (revenue -2.4% year-over-year).
- 2012: Revenue of $886K, expenses of $55K, and assets of $22.6M (revenue -8.7% year-over-year).
- 2011: Revenue of $969K, expenses of $61K, and assets of $22.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Tr Tipton Corp:
Data Sources and Methodology
This transparency report for Tr Tipton Corp 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.