Transportation Safety Equipment Institute
Transportation Safety Equipment Institute: Consistent Deficits and Declining Assets Raise Concerns
EIN: 222044685 · Sherwood, OR · Updated: 2026-04-04
Is Transportation Safety Equipment Institute Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Transportation Safety Equipment Institute directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Transportation Safety Equipment Institute
Transportation Safety Equipment Institute (EIN: 222044685) is a nonprofit organization based in Sherwood, OR. The organization reported total revenue of $82K and total assets of $36K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Transportation Safety Equipment Institute'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 Transportation Safety Equipment Institute with a Mission Score of 60 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: 70%
- fundraising: 15%
According to IRS 990 filings, Transportation Safety Equipment Institute allocates its expenses as follows: admin: 15%, programs: 70%, fundraising: 15%. Approximately 70% goes to programs, indicating moderate mission focus.
Executive Compensation Analysis
Executive compensation is reported as $0 across all available filings, suggesting a volunteer-led or very low-cost leadership structure.
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 Transportation Safety Equipment Institute's IRS 990 filings:
- Persistent operating deficits across multiple years, indicating financial instability.
- Declining asset base, potentially limiting future operational capacity.
- Lack of detailed program information makes it difficult to assess mission effectiveness.
- Significant expenditure fluctuations without clear corresponding revenue changes (e.g., 2018 expenditures of $115,952 against revenue of $95,390).
Strengths
The following positive indicators were identified for Transportation Safety Equipment Institute:
- Consistent reporting of $0 executive compensation, indicating efficient use of funds in this area.
- Long operational history dating back to at least 2016.
Frequently Asked Questions about Transportation Safety Equipment Institute
Is Transportation Safety Equipment Institute a legitimate charity?
Based on AI analysis of IRS 990 filings, Transportation Safety Equipment Institute (EIN: 222044685) some concerns. Mission Score: 60/100. 4 red flags identified, 2 strengths noted.
How does Transportation Safety Equipment Institute spend its money?
Transportation Safety Equipment Institute directs 70% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Transportation Safety Equipment Institute tax-deductible?
Transportation Safety Equipment Institute is registered as a tax-exempt nonprofit (EIN: 222044685). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What does Transportation Safety Equipment Institute do?
Transportation Safety Equipment Institute is a nonprofit organization in the Unknown sector, located in Sherwood, Oregon. It is classified under NTEE code Unknown.
How much revenue does Transportation Safety Equipment Institute have?
Transportation Safety Equipment Institute reported total revenue of $82,118. Based on 13 IRS 990 filings on record.
What are Transportation Safety Equipment Institute's total assets?
Transportation Safety Equipment Institute holds total assets of $36,204 as reported in IRS 990 filings.
Where is Transportation Safety Equipment Institute located?
Transportation Safety Equipment Institute is based in Sherwood, Oregon.
What is Transportation Safety Equipment Institute's EIN?
Transportation Safety Equipment Institute's Employer Identification Number (EIN) is 222044685. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Transportation Safety Equipment Institute?
Transportation Safety Equipment Institute is classified under NTEE code Unknown (Unknown).
Is Transportation Safety Equipment Institute a registered 501(c)(3)?
Transportation Safety Equipment Institute appears in IRS records (EIN: 222044685). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Transportation Safety Equipment Institute file IRS Form 990?
Yes, Transportation Safety Equipment Institute has 13 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Transportation Safety Equipment Institute's revenue in 2023?
In the 202312 filing period, Transportation Safety Equipment Institute reported total revenue of $91,797, total expenses of $92,389, and net assets of $27,259.
Is Transportation Safety Equipment Institute's revenue growing or declining?
Transportation Safety Equipment Institute's revenue is growing. Revenue went from $65,007 (202212) to $91,797 (202312), a +41.2% change. Based on 13 filings on record.
What is Transportation Safety Equipment Institute's most recent 990 filing?
The most recent IRS Form 990 filing for Transportation Safety Equipment Institute covers tax period 202312. It shows revenue of $91,797, expenses of $92,389, total assets of $27,259, and liabilities of N/A.
How much does Transportation Safety Equipment Institute spend on programs vs administration?
Based on IRS 990 analysis, Transportation Safety Equipment Institute allocates approximately 70% of expenses to program services, 15% to administrative costs, and 15% to fundraising. Program spending is moderate relative to overhead.
Is Transportation Safety Equipment Institute a trustworthy charity?
Based on AI analysis of IRS 990 data, Transportation Safety Equipment Institute shows mixed signals. Mission Score: 60/100 (Good). 4 red flags identified. 2 strengths noted.
What are the red flags for Transportation Safety Equipment Institute?
The following concerns were identified: Persistent operating deficits across multiple years, indicating financial instability.. Declining asset base, potentially limiting future operational capacity.. Lack of detailed program information makes it difficult to assess mission effectiveness.. Significant expenditure fluctuations without clear corresponding revenue changes (e.g., 2018 expenditures of $115,952 against revenue of $95,390).. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Transportation Safety Equipment Institute's strengths?
Positive indicators for Transportation Safety Equipment Institute include: Consistent reporting of $0 executive compensation, indicating efficient use of funds in this area.. Long operational history dating back to at least 2016.. These findings are derived from AI analysis of the organization's financial filings.
How does Transportation Safety Equipment Institute compensate executives?
Executive compensation is reported as $0 across all available filings, suggesting a volunteer-led or very low-cost leadership structure. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the consistent deficits and declining assets, what is the long-term financial sustainability plan for the Transportation Safety Equipment Institute?
The provided data does not offer insights into a financial sustainability plan. The trend of expenditures exceeding revenue and shrinking assets suggests a need for strategic financial planning to ensure the organization's future viability.
How does the organization manage to operate with consistent deficits and declining assets without reporting any liabilities in recent years?
The data shows 'l0' for liabilities in recent years (2019-2023), which is unusual given the consistent deficits. This could imply that deficits are covered by drawing down existing assets or through unrecorded informal support, but without further detail, it's a significant point of inquiry.
Filing History
IRS 990 filing history for Transportation Safety Equipment Institute showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Transportation Safety Equipment Institute's revenue has declined by 28.8%, moving from $129K to $92K. Total assets decreased by 57.2% over the same period, from $64K to $27K. Total functional expenses fell by 17.9%, from $113K to $92K. In its most recent filing year (2023), Transportation Safety Equipment Institute reported a deficit of $592, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $92K | $92K | $27K | $0 | — | — |
| 2022 | $65K | $72K | $28K | $0 | — | View 990 |
| 2021 | $70K | $70K | $33K | $0 | — | View 990 |
| 2020 | $101K | $94K | $30K | $0 | — | View 990 |
| 2019 | $120K | $81K | $18K | $0 | — | View 990 |
| 2018 | $95K | $116K | $-9,961 | $8K | — | View 990 |
| 2017 | $115K | $122K | $37K | $22K | — | View 990 |
| 2016 | $107K | $125K | $21K | $31 | — | View 990 |
| 2015 | $96K | $116K | $39K | $114 | — | View 990 |
| 2014 | $120K | $120K | $58K | $464 | — | View 990 |
| 2013 | $119K | $119K | $58K | $0 | — | View 990 |
| 2012 | $128K | $123K | $62K | $634 | — | View 990 |
| 2011 | $129K | $113K | $64K | $9K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $92K, expenses of $92K, and assets of $27K (revenue +41.2% year-over-year).
- 2022: Revenue of $65K, expenses of $72K, and assets of $28K (revenue -7.5% year-over-year).
- 2021: Revenue of $70K, expenses of $70K, and assets of $33K (revenue -30.3% year-over-year).
- 2020: Revenue of $101K, expenses of $94K, and assets of $30K (revenue -16.3% year-over-year).
- 2019: Revenue of $120K, expenses of $81K, and assets of $18K (revenue +26.2% year-over-year).
- 2018: Revenue of $95K, expenses of $116K, and assets of $-9,961 (revenue -17.3% year-over-year).
- 2017: Revenue of $115K, expenses of $122K, and assets of $37K (revenue +7.2% year-over-year).
- 2016: Revenue of $107K, expenses of $125K, and assets of $21K (revenue +11.8% year-over-year).
- 2015: Revenue of $96K, expenses of $116K, and assets of $39K (revenue -19.9% year-over-year).
- 2014: Revenue of $120K, expenses of $120K, and assets of $58K (revenue +0.8% year-over-year).
- 2013: Revenue of $119K, expenses of $119K, and assets of $58K (revenue -7.3% year-over-year).
- 2012: Revenue of $128K, expenses of $123K, and assets of $62K (revenue -0.4% year-over-year).
- 2011: Revenue of $129K, expenses of $113K, and assets of $64K.
Data Sources and Methodology
This transparency report for Transportation Safety Equipment Institute 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.