Tranet
Tranet shows fluctuating small-scale operations with no officer compensation, but recent filing indicates dormancy.
EIN: 10357178 · Rangeley, ME · NTEE: W99 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Expenses | $27K |
| Program Spending | 80% |
| Net Assets | $36K |
| Transparency Score | 65/100 |
Is Tranet Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Tranet directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Tranet
Tranet (EIN: 10357178) is a nonprofit organization based in Rangeley, ME, classified under NTEE code W99. 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 Tranet's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Tranet is a micro nonprofit that has been operating for 41 years, with 7 years of IRS 990 filings on record (2011–2017). Revenue has grown at a compound annual rate of -3.8%.
Key Financial Metrics (2017)
From the most recent IRS 990 filing on record:
| Total Revenue | $16K |
| Total Expenses | $27K |
| Surplus / Deficit | $-11,628 |
| Total Assets | $36K |
| Net Assets | $36K |
| Operating Margin | -75.0% |
| Months of Reserves | 16.0 months |
Financial Health Grade: B
In 2017, Tranet reported a deficit of $12K with expenses exceeding revenue, holds 16.0 months of operating reserves (strong position).
Financial Trends
Over 7 years of filings (2011–2017), Tranet's revenue has declined at a compound annual growth rate (CAGR) of -3.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2017 | -60.6% | -11.6% | -24.3% |
| 2016 | +44.2% | -7.7% | +22.2% |
| 2015 | -5.2% | +27.6% | -13.1% |
| 2014 | +10.2% | +36.3% | +6.5% |
| 2013 | -35.2% | -9.6% | +19.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1985 |
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 Tranet with a Mission Score of 65 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Tranet allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2017)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $12K, with expenses exceeding revenue.
Executive Compensation Analysis
Officer compensation has consistently been reported as 0% across all available filings, indicating that the organization's leadership is likely volunteer-based, which is a positive for donor funds going directly to the mission.
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 Tranet's IRS 990 filings:
- Latest filing shows $0 revenue and $0 assets, indicating potential dormancy or cessation of operations.
- Expenses occasionally exceeded revenue (e.g., 2017: $27,131 expenses vs. $15,503 revenue), suggesting reliance on reserves or prior year surpluses.
Strengths
The following positive indicators were identified for Tranet:
- Consistent filing of IRS Form 990s over seven periods, demonstrating transparency.
- Officer compensation consistently reported as 0%, indicating volunteer leadership and efficient use of funds for personnel.
- Historically low or zero liabilities, suggesting good financial management of debt.
Frequently Asked Questions about Tranet
Is Tranet a legitimate charity?
Based on AI analysis of IRS 990 filings, Tranet (EIN: 10357178) some concerns. Mission Score: 65/100. 2 red flags identified, 3 strengths noted.
How does Tranet spend its money?
Tranet directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Tranet tax-deductible?
Tranet is registered as a tax-exempt nonprofit (EIN: 10357178). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Tranet's spending goes to programs?
Tranet directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Tranet compare to similar nonprofits?
With a transparency score of 65/100 (Good), Tranet is above average for NTEE category W99 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Tranet located?
Tranet is headquartered in Rangeley, Maine and files with the IRS under EIN 10357178. It is classified under NTEE code W99.
How many years of IRS 990 filings does Tranet have?
Tranet has 7 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends.
Why does the latest filing show $0 revenue and $0 assets?
The most recent filing indicates a significant change, possibly dormancy or cessation of operations, as both revenue and assets are reported as zero. This would require reviewing the full 990 form for explanations.
Is Tranet financially stable?
Historically, Tranet has maintained positive assets and low liabilities. However, the latest filing with $0 revenue and assets raises concerns about its current financial stability and operational status.
How much of Tranet's budget goes to programs?
Based on the provided summary data, a precise program spending ratio cannot be determined. However, the consistent 0% officer compensation suggests a lean operational structure, likely maximizing funds for mission-related activities.
Filing History
IRS 990 filing history for Tranet showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2011–2017), Tranet's revenue has declined by 20.9%, moving from $20K to $16K. Total assets increased by 76.5% over the same period, from $21K to $36K. Total functional expenses rose by 21%, from $22K to $27K. In its most recent filing year (2017), Tranet reported a deficit of $12K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2017 | $16K | $27K | $36K | $0 | — | View 990 |
| 2016 | $39K | $31K | $48K | $0 | — | View 990 |
| 2015 | $27K | $33K | $39K | $0 | — | View 990 |
| 2014 | $29K | $26K | $45K | $0 | — | View 990 |
| 2013 | $26K | $19K | $42K | $0 | — | View 990 |
| 2012 | $40K | $21K | $35K | $0 | — | View 990 |
| 2011 | $20K | $22K | $21K | $4K | — | View 990 |
Year-by-Year Financial Summary
- 2017: Revenue of $16K, expenses of $27K, and assets of $36K (revenue -60.6% year-over-year).
- 2016: Revenue of $39K, expenses of $31K, and assets of $48K (revenue +44.2% year-over-year).
- 2015: Revenue of $27K, expenses of $33K, and assets of $39K (revenue -5.2% year-over-year).
- 2014: Revenue of $29K, expenses of $26K, and assets of $45K (revenue +10.2% year-over-year).
- 2013: Revenue of $26K, expenses of $19K, and assets of $42K (revenue -35.2% year-over-year).
- 2012: Revenue of $40K, expenses of $21K, and assets of $35K (revenue +105.6% year-over-year).
- 2011: Revenue of $20K, expenses of $22K, and assets of $21K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Tranet:
Data Sources and Methodology
This transparency report for Tranet 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.