Tr Two Addison Corp
EIN: 464547053 · Chicago, IL · NTEE: S47
| Metric | Value |
|---|---|
| Total Revenue | $4.1M |
| Net Assets | $19.2M |
Is Tr Two Addison Corp Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Tr Two Addison Corp
Tr Two Addison Corp (EIN: 464547053) is a nonprofit organization based in Chicago, IL, classified under NTEE code S47. The organization reported total revenue of $4.1M and total assets of $41.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Tr Two Addison Corp's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Tr Two Addison Corp is a mid-size nonprofit that has been operating for 12 years, with 10 years of IRS 990 filings on record (2014–2023). Revenue has grown at a compound annual rate of -3.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $676K |
| Total Expenses | $0 |
| Surplus / Deficit | +$676K |
| Total Assets | $41.7M |
| Total Liabilities | $22.5M |
| Net Assets | $19.2M |
| Operating Margin | 100.0% |
| Debt-to-Asset Ratio | 53.9% |
Financial Health Grade: B
In 2023, Tr Two Addison Corp reported a surplus of $676K with revenue exceeding expenses, has a debt-to-asset ratio of 53.9% (high leverage).
Financial Trends
Over 10 years of filings (2014–2023), Tr Two Addison Corp's revenue has declined at a compound annual growth rate (CAGR) of -3.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -72.4% | — | -15.6% |
| 2022 | +8.5% | — | -7.1% |
| 2021 | -8.7% | — | -7.0% |
| 2020 | -3.7% | — | -2.7% |
| 2019 | +25.5% | — | +3.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2014 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Tr Two Addison Corp 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 Tr Two Addison Corp 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:
- Debt-to-asset ratio: 53.9%.
Frequently Asked Questions about Tr Two Addison Corp
Is Tr Two Addison Corp a legitimate charity?
Tr Two Addison Corp (EIN: 464547053) is a registered tax-exempt nonprofit based in Illinois. It has 10 years of IRS 990 filings on record. Total revenue: $4.1M. No red flags identified. Financial health grade: B.
How does Tr Two Addison Corp spend its money?
Tr Two Addison Corp reported $4.1M in total revenue in IRS 990 filings. 10 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Tr Two Addison Corp tax-deductible?
Tr Two Addison Corp is registered as a tax-exempt nonprofit (EIN: 464547053). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Tr Two Addison Corp located?
Tr Two Addison Corp is headquartered in Chicago, Illinois and files with the IRS under EIN 464547053. It is classified under NTEE code S47.
How many years of IRS 990 filings does Tr Two Addison Corp have?
Tr Two Addison Corp has 10 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 $4.1M in total revenue.
Filing History
IRS 990 filing history for Tr Two Addison Corp showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2014–2023), Tr Two Addison Corp's revenue has declined by 24.6%, moving from $896K to $676K. Total assets decreased by 11.9% over the same period, from $47.3M to $41.7M. The organization holds $22.5M in liabilities against $41.7M in assets (debt-to-asset ratio: 53.9%), resulting in net assets of $19.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $676K | $0 | $41.7M | $22.5M | — | View 990 |
| 2022 | $2.5M | $0 | $49.4M | $22.6M | — | View 990 |
| 2021 | $2.3M | $0 | $53.1M | $23.1M | — | — |
| 2020 | $2.5M | $0 | $57.1M | $23.6M | — | View 990 |
| 2019 | $2.6M | $0 | $58.7M | $23.8M | — | View 990 |
| 2018 | $2.0M | $0 | $56.9M | $24.0M | — | View 990 |
| 2017 | $3.3M | $0 | $57.7M | $24.0M | — | View 990 |
| 2016 | $2.2M | $0 | $51.7M | $23.9M | — | View 990 |
| 2015 | $1.8M | $0 | $50.0M | $24.6M | — | View 990 |
| 2014 | $896K | $0 | $47.3M | $23.4M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $676K, expenses of $0, and assets of $41.7M (revenue -72.4% year-over-year).
- 2022: Revenue of $2.5M, expenses of $0, and assets of $49.4M (revenue +8.5% year-over-year).
- 2021: Revenue of $2.3M, expenses of $0, and assets of $53.1M (revenue -8.7% year-over-year).
- 2020: Revenue of $2.5M, expenses of $0, and assets of $57.1M (revenue -3.7% year-over-year).
- 2019: Revenue of $2.6M, expenses of $0, and assets of $58.7M (revenue +25.5% year-over-year).
- 2018: Revenue of $2.0M, expenses of $0, and assets of $56.9M (revenue -37.3% year-over-year).
- 2017: Revenue of $3.3M, expenses of $0, and assets of $57.7M (revenue +46.1% year-over-year).
- 2016: Revenue of $2.2M, expenses of $0, and assets of $51.7M (revenue +21.5% year-over-year).
- 2015: Revenue of $1.8M, expenses of $0, and assets of $50.0M (revenue +105.1% year-over-year).
- 2014: Revenue of $896K, expenses of $0, and assets of $47.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Tr Two Addison Corp:
Data Sources and Methodology
This transparency report for Tr Two Addison 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.