Treasuring Christ Together Network
EIN: 474075988 · Raleigh, NC · NTEE: X99
| Metric | Value |
|---|---|
| Total Revenue | $251K |
| Total Expenses | $218K |
| Net Assets | $150K |
Is Treasuring Christ Together Network Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Treasuring Christ Together Network
Treasuring Christ Together Network (EIN: 474075988) is a nonprofit organization based in Raleigh, NC, classified under NTEE code X99. The organization reported total revenue of $251K and total assets of $234K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Treasuring Christ Together Network's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Treasuring Christ Together Network is a small nonprofit that has been operating for 10 years, with 8 years of IRS 990 filings on record (2016–2023). Revenue has grown at a compound annual rate of 22.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $238K |
| Total Expenses | $218K |
| Surplus / Deficit | +$20K |
| Total Assets | $154K |
| Total Liabilities | $4K |
| Net Assets | $150K |
| Operating Margin | 8.3% |
| Debt-to-Asset Ratio | 2.4% |
| Months of Reserves | 8.5 months |
Financial Health Grade: A
In 2023, Treasuring Christ Together Network reported a surplus of $20K with revenue exceeding expenses, holds 8.5 months of operating reserves (strong position), has a debt-to-asset ratio of 2.4% (very low leverage).
Financial Trends
Over 8 years of filings (2016–2023), Treasuring Christ Together Network's revenue has grown at a compound annual growth rate (CAGR) of 22.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +38.9% | +58.3% | +19.3% |
| 2022 | +87.2% | +63.1% | +33.0% |
| 2021 | -1.9% | +9.9% | +10.0% |
| 2020 | -29.0% | -32.1% | +20.3% |
| 2019 | +1.7% | -20.8% | +32.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1270 |
| IRS Ruling Date | 2016 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Treasuring Christ Together Network 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 Treasuring Christ Together Network 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:
- The organization reported a surplus of $20K, with revenue exceeding expenses.
- Debt-to-asset ratio: 2.4%.
Frequently Asked Questions about Treasuring Christ Together Network
Is Treasuring Christ Together Network a legitimate charity?
Treasuring Christ Together Network (EIN: 474075988) is a registered tax-exempt nonprofit based in North Carolina. It has 8 years of IRS 990 filings on record. Total revenue: $251K. No red flags identified. Financial health grade: A.
How does Treasuring Christ Together Network spend its money?
Treasuring Christ Together Network reported $251K in total revenue in IRS 990 filings. 8 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Treasuring Christ Together Network tax-deductible?
Treasuring Christ Together Network is registered as a tax-exempt nonprofit (EIN: 474075988). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Treasuring Christ Together Network located?
Treasuring Christ Together Network is headquartered in Raleigh, North Carolina and files with the IRS under EIN 474075988. It is classified under NTEE code X99.
How many years of IRS 990 filings does Treasuring Christ Together Network have?
Treasuring Christ Together Network has 8 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 $251K in total revenue.
Filing History
IRS 990 filing history for Treasuring Christ Together Network showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2016–2023), Treasuring Christ Together Network's revenue has grown by 312.6%, moving from $58K to $238K. Total assets increased by 264.7% over the same period, from $42K to $154K. Total functional expenses rose by 242.6%, from $64K to $218K. In its most recent filing year (2023), Treasuring Christ Together Network reported a surplus of $20K, with revenue exceeding expenses. The organization holds $4K in liabilities against $154K in assets (debt-to-asset ratio: 2.4%), resulting in net assets of $150K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $238K | $218K | $154K | $4K | — | — |
| 2022 | $171K | $138K | $129K | $294 | — | — |
| 2021 | $92K | $85K | $97K | $2K | — | View 990 |
| 2020 | $93K | $77K | $88K | $0 | — | — |
| 2019 | $132K | $113K | $73K | $2K | — | View 990 |
| 2018 | $129K | $143K | $56K | $2K | — | View 990 |
| 2017 | $147K | $108K | $70K | $1K | — | View 990 |
| 2016 | $58K | $64K | $42K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $238K, expenses of $218K, and assets of $154K (revenue +38.9% year-over-year).
- 2022: Revenue of $171K, expenses of $138K, and assets of $129K (revenue +87.2% year-over-year).
- 2021: Revenue of $92K, expenses of $85K, and assets of $97K (revenue -1.9% year-over-year).
- 2020: Revenue of $93K, expenses of $77K, and assets of $88K (revenue -29.0% year-over-year).
- 2019: Revenue of $132K, expenses of $113K, and assets of $73K (revenue +1.7% year-over-year).
- 2018: Revenue of $129K, expenses of $143K, and assets of $56K (revenue -12.1% year-over-year).
- 2017: Revenue of $147K, expenses of $108K, and assets of $70K (revenue +155.0% year-over-year).
- 2016: Revenue of $58K, expenses of $64K, and assets of $42K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Treasuring Christ Together Network:
Data Sources and Methodology
This transparency report for Treasuring Christ Together Network 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.