Trans Atlantic Renal Council Inc
Trans Atlantic Renal Council: Declining Revenue, High Administrative Costs
EIN: 222245380 · Toms River, NJ · NTEE: G44 · Updated: 2026-04-04
Is Trans Atlantic Renal Council Inc Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Trans Atlantic Renal Council Inc
Trans Atlantic Renal Council Inc (EIN: 222245380) is a nonprofit organization based in Toms River, NJ, classified under NTEE code G44. The organization reported total revenue of $331K and total assets of $137K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Trans Atlantic Renal Council Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Trans Atlantic Renal Council Inc with a Mission Score of 45 out of 100 (Fair). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 100%
- programs: 0%
- fundraising: 0%
According to IRS 990 filings, Trans Atlantic Renal Council Inc allocates its expenses as follows: admin: 100%, programs: 0%, fundraising: 0%.
Executive Compensation Analysis
Executive compensation is reported as $0 across all available filings, which is unusual for an organization with significant expenses.
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 Trans Atlantic Renal Council Inc's IRS 990 filings:
- Consistent reporting of $0 for program service expenses raises significant concerns about the organization's charitable activities.
- Despite reporting $0 in program expenses, the organization consistently incurs substantial administrative expenses, such as $334,397 in 2024.
- The organization's revenue has shown a significant decline from $534,913 in 2018 to $332,197 in 2024.
- The consistent reporting of 0% compensation for all key personnel, while incurring other expenses, warrants further investigation into how funds are being utilized.
Strengths
The following positive indicators were identified for Trans Atlantic Renal Council Inc:
- The organization consistently reports 0% compensation for officers, directors, trustees, and key employees.
Frequently Asked Questions about Trans Atlantic Renal Council Inc
Is Trans Atlantic Renal Council Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Trans Atlantic Renal Council Inc (EIN: 222245380) significant concerns. Mission Score: 45/100. 4 red flags identified, 1 strength noted.
How does Trans Atlantic Renal Council Inc spend its money?
Detailed spending breakdown data is not yet available for Trans Atlantic Renal Council Inc. Check back for updated IRS 990 analysis.
Are donations to Trans Atlantic Renal Council Inc tax-deductible?
Trans Atlantic Renal Council Inc is registered as a tax-exempt nonprofit (EIN: 222245380). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What does Trans Atlantic Renal Council Inc do?
Trans Atlantic Renal Council Inc is a nonprofit organization in the Diseases, Disorders & Medical Disciplines sector, located in Toms River, New Jersey. It is classified under NTEE code G44.
How much revenue does Trans Atlantic Renal Council Inc have?
Trans Atlantic Renal Council Inc reported total revenue of $331,178. Based on 11 IRS 990 filings on record.
What are Trans Atlantic Renal Council Inc's total assets?
Trans Atlantic Renal Council Inc holds total assets of $137,389 as reported in IRS 990 filings.
Where is Trans Atlantic Renal Council Inc located?
Trans Atlantic Renal Council Inc is based in Toms River, New Jersey.
What is Trans Atlantic Renal Council Inc's EIN?
Trans Atlantic Renal Council Inc's Employer Identification Number (EIN) is 222245380. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Trans Atlantic Renal Council Inc?
Trans Atlantic Renal Council Inc is classified under NTEE code G44 (Diseases, Disorders & Medical Disciplines).
Is Trans Atlantic Renal Council Inc a registered 501(c)(3)?
Yes, Trans Atlantic Renal Council Inc is recognized as a tax-exempt organization by the IRS. EIN: 222245380.
Does Trans Atlantic Renal Council Inc file IRS Form 990?
Yes, Trans Atlantic Renal Council Inc has 11 IRS Form 990 filings on record. The most recent covers tax period 202406.
What was Trans Atlantic Renal Council Inc's revenue in 2024?
In the 202406 filing period, Trans Atlantic Renal Council Inc reported total revenue of $332,197, total expenses of $334,397, and net assets of $131,471.
Is Trans Atlantic Renal Council Inc's revenue growing or declining?
Trans Atlantic Renal Council Inc's revenue is relatively stable. Revenue went from $331,188 (202306) to $332,197 (202406), a +0.3% change. Based on 11 filings on record.
What is Trans Atlantic Renal Council Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Trans Atlantic Renal Council Inc covers tax period 202406. It shows revenue of $332,197, expenses of $334,397, total assets of $131,471, and liabilities of $6,206.
Is Trans Atlantic Renal Council Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Trans Atlantic Renal Council Inc shows mixed signals. Mission Score: 45/100 (Fair). 4 red flags identified. 1 strength noted.
What are the red flags for Trans Atlantic Renal Council Inc?
The following concerns were identified: Consistent reporting of $0 for program service expenses raises significant concerns about the organization's charitable activities.. Despite reporting $0 in program expenses, the organization consistently incurs substantial administrative expenses, such as $334,397 in 2024.. The organization's revenue has shown a significant decline from $534,913 in 2018 to $332,197 in 2024.. The consistent reporting of 0% compensation for all key personnel, while incurring other expenses, warrants further investigation into how funds are being utilized.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Trans Atlantic Renal Council Inc's strengths?
Positive indicators for Trans Atlantic Renal Council Inc include: The organization consistently reports 0% compensation for officers, directors, trustees, and key employees.. These findings are derived from AI analysis of the organization's financial filings.
How does Trans Atlantic Renal Council Inc compensate executives?
Executive compensation is reported as $0 across all available filings, which is unusual for an organization with significant expenses. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the consistent reporting of $0 in program service expenses, what are the primary activities and impact of the Trans Atlantic Renal Council Inc.?
Based on the provided data, the organization does not report any direct program service expenses, suggesting its activities may not involve direct charitable programs or that expenses are miscategorized. Further investigation into their Form 990 would be necessary to understand their actual activities.
How does an organization with $0 in program expenses and $0 in executive compensation manage to incur hundreds of thousands of dollars in total expenses annually?
The data indicates that the majority of the organization's expenses are categorized as 'other expenses' or administrative costs, such as $334,397 in 2024. Without detailed breakdowns from their Form 990, it's unclear what these significant expenses cover.
Filing History
IRS 990 filing history for Trans Atlantic Renal Council Inc showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2014–2024), Trans Atlantic Renal Council Inc's revenue has declined by 26.7%, moving from $453K to $332K. Total assets decreased by 76.8% over the same period, from $566K to $131K. Total functional expenses fell by 32.8%, from $498K to $334K. In its most recent filing year (2024), Trans Atlantic Renal Council Inc reported a deficit of $2K, with expenses exceeding revenue. The organization holds $6K in liabilities against $131K in assets (debt-to-asset ratio: 4.7%), resulting in net assets of $125K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2024 | $332K | $334K | $131K | $6K | — | — |
| 2023 | $331K | $338K | $131K | $10K | — | View 990 |
| 2022 | $356K | $327K | $134K | $7K | — | View 990 |
| 2021 | $288K | $319K | $121K | $22K | — | View 990 |
| 2020 | $452K | $488K | $214K | $107K | — | View 990 |
| 2019 | $529K | $554K | $266K | $104K | — | View 990 |
| 2018 | $535K | $576K | $304K | $113K | — | View 990 |
| 2017 | $493K | $549K | $336K | $110K | — | View 990 |
| 2016 | $478K | $515K | $381K | $112K | — | View 990 |
| 2015 | $494K | $554K | $437K | $121K | — | View 990 |
| 2014 | $453K | $498K | $566K | $180K | — | — |
Year-by-Year Financial Summary
- 2024: Revenue of $332K, expenses of $334K, and assets of $131K (revenue +0.3% year-over-year).
- 2023: Revenue of $331K, expenses of $338K, and assets of $131K (revenue -6.9% year-over-year).
- 2022: Revenue of $356K, expenses of $327K, and assets of $134K (revenue +23.3% year-over-year).
- 2021: Revenue of $288K, expenses of $319K, and assets of $121K (revenue -36.2% year-over-year).
- 2020: Revenue of $452K, expenses of $488K, and assets of $214K (revenue -14.5% year-over-year).
- 2019: Revenue of $529K, expenses of $554K, and assets of $266K (revenue -1.2% year-over-year).
- 2018: Revenue of $535K, expenses of $576K, and assets of $304K (revenue +8.4% year-over-year).
- 2017: Revenue of $493K, expenses of $549K, and assets of $336K (revenue +3.2% year-over-year).
- 2016: Revenue of $478K, expenses of $515K, and assets of $381K (revenue -3.3% year-over-year).
- 2015: Revenue of $494K, expenses of $554K, and assets of $437K (revenue +9.1% year-over-year).
- 2014: Revenue of $453K, expenses of $498K, and assets of $566K.
Data Sources and Methodology
This transparency report for Trans Atlantic Renal Council Inc 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.