Treasure State Apprentice School Inc
Treasure State Apprentice School Inc shows consistent growth and zero reported officer compensation over five years.
EIN: 200931777 · Helena, MT · NTEE: B300 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $487K |
| Total Expenses | $382K |
| Program Spending | 85% |
| Net Assets | $416K |
| Transparency Score | 90/100 |
Is Treasure State Apprentice School Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Treasure State Apprentice School Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Treasure State Apprentice School Inc
Treasure State Apprentice School Inc (EIN: 200931777) is a nonprofit organization based in Helena, MT, classified under NTEE code B300. The organization reported total revenue of $487K and total assets of $512K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Treasure State Apprentice School Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Treasure State Apprentice School Inc is a small nonprofit that has been operating for 21 years, with 5 years of IRS 990 filings on record (2019–2023). Revenue has grown at a compound annual rate of 13.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $412K |
| Total Expenses | $382K |
| Surplus / Deficit | +$30K |
| Total Assets | $418K |
| Total Liabilities | $2K |
| Net Assets | $416K |
| Operating Margin | 7.3% |
| Debt-to-Asset Ratio | 0.5% |
| Months of Reserves | 13.1 months |
Financial Health Grade: A
In 2023, Treasure State Apprentice School Inc reported a surplus of $30K with revenue exceeding expenses, holds 13.1 months of operating reserves (strong position), has a debt-to-asset ratio of 0.5% (very low leverage).
Financial Trends
Over 5 years of filings (2019–2023), Treasure State Apprentice School Inc's revenue has grown at a compound annual growth rate (CAGR) of 13.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -14.5% | -5.0% | +6.5% |
| 2022 | +29.8% | +80.0% | +25.2% |
| 2021 | +61.6% | +6.8% | +84.1% |
| 2020 | -6.7% | +92.5% | +18.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2005 |
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 Treasure State Apprentice School Inc with a Mission Score of 90 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Treasure State Apprentice School Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $30K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.5%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all five years of filings, which is highly unusual and suggests that leadership may be volunteer-based or compensated through other means not categorized as officer compensation, or that the organization is very lean in its administrative overhead.
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 Treasure State Apprentice School Inc's IRS 990 filings:
- Unusually low (0%) reported officer compensation, which may warrant further investigation into how leadership is supported or compensated.
Strengths
The following positive indicators were identified for Treasure State Apprentice School Inc:
- Consistent revenue growth from $246,562 in 2019 to $412,321 in 2023.
- Strong asset growth, more than tripling from $144,108 in 2019 to $417,787 in 2023.
- Maintains very low liabilities, indicating sound financial management and minimal debt.
- No reported officer compensation across five years, suggesting a high dedication of resources to the mission.
Frequently Asked Questions about Treasure State Apprentice School Inc
Is Treasure State Apprentice School Inc a legitimate charity?
Treasure State Apprentice School Inc (EIN: 200931777) is a registered tax-exempt nonprofit based in Montana. Our AI analysis gives it a Mission Score of 90/100. It has 5 years of IRS 990 filings on record. Total revenue: $487K. 1 red flag identified. 4 strengths noted. Financial health grade: A.
How does Treasure State Apprentice School Inc spend its money?
Treasure State Apprentice School Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Treasure State Apprentice School Inc tax-deductible?
Treasure State Apprentice School Inc is registered as a tax-exempt nonprofit (EIN: 200931777). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Treasure State Apprentice School Inc's spending goes to programs?
Treasure State Apprentice School Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Treasure State Apprentice School Inc compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Treasure State Apprentice School Inc is above average for NTEE category B300 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Treasure State Apprentice School Inc located?
Treasure State Apprentice School Inc is headquartered in Helena, Montana and files with the IRS under EIN 200931777. It is classified under NTEE code B300.
How many years of IRS 990 filings does Treasure State Apprentice School Inc have?
Treasure State Apprentice School Inc has 5 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 $487K in total revenue.
How does Treasure State Apprentice School Inc manage to operate with 0% reported officer compensation?
The consistent reporting of 0% officer compensation across five years (2019-2023) is highly unusual for an organization with growing revenue and assets. This could indicate that leadership is entirely volunteer-based, compensated through a related entity, or that compensation is categorized differently within their financial statements (e.g., as general salaries rather than officer compensation).
What is the detailed breakdown of program, administrative, and fundraising expenses?
While the provided data shows total expenses, a detailed breakdown of how these expenses are allocated among programs, administration, and fundraising is not available. This information is crucial for a complete assessment of spending efficiency and program focus.
What are the primary sources of revenue for Treasure State Apprentice School Inc?
The provided data only shows total revenue. Understanding the primary sources (e.g., grants, donations, program service fees) would offer insight into the organization's funding stability and donor base.
Filing History
IRS 990 filing history for Treasure State Apprentice School Inc showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2019–2023), Treasure State Apprentice School Inc's revenue has grown by 67.2%, moving from $247K to $412K. Total assets increased by 189.9% over the same period, from $144K to $418K. Total functional expenses rose by 251.4%, from $109K to $382K. In its most recent filing year (2023), Treasure State Apprentice School Inc reported a surplus of $30K, with revenue exceeding expenses. The organization holds $2K in liabilities against $418K in assets (debt-to-asset ratio: 0.5%), resulting in net assets of $416K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $412K | $382K | $418K | $2K | — | View 990 |
| 2022 | $482K | $402K | $392K | $7K | — | View 990 |
| 2021 | $372K | $224K | $314K | $4K | — | View 990 |
| 2020 | $230K | $209K | $170K | $9K | — | View 990 |
| 2019 | $247K | $109K | $144K | $4K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $412K, expenses of $382K, and assets of $418K (revenue -14.5% year-over-year).
- 2022: Revenue of $482K, expenses of $402K, and assets of $392K (revenue +29.8% year-over-year).
- 2021: Revenue of $372K, expenses of $224K, and assets of $314K (revenue +61.6% year-over-year).
- 2020: Revenue of $230K, expenses of $209K, and assets of $170K (revenue -6.7% year-over-year).
- 2019: Revenue of $247K, expenses of $109K, and assets of $144K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Treasure State Apprentice School Inc:
Data Sources and Methodology
This transparency report for Treasure State Apprentice School 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.