Trevor Place Foundation
Trevor Place Foundation shows volatile revenue and expenses, with a significant deficit in 2023 despite zero officer compensation.
EIN: 137273247 · New York, NY · NTEE: T20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $13.4M |
| Total Expenses | $4.4M |
| Program Spending | 70% |
| CEO/Top Officer Pay | $23 |
| Net Assets | $17.3M |
| Transparency Score | 75/100 |
Is Trevor Place Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Trevor Place Foundation directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Trevor Place Foundation
Trevor Place Foundation (EIN: 137273247) is a nonprofit organization based in New York, NY, classified under NTEE code T20. The organization reported total revenue of $13.4M and total assets of $23.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Trevor Place Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Trevor Place Foundation is a large nonprofit that has been operating for 25 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 13.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.0M |
| Total Expenses | $4.4M |
| Surplus / Deficit | $-2,431,671 |
| Total Assets | $17.3M |
| Total Liabilities | $1 |
| Net Assets | $17.3M |
| Operating Margin | -121.1% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 46.7 months |
Financial Health Grade: B
In 2023, Trevor Place Foundation reported a deficit of $2.4M with expenses exceeding revenue, holds 46.7 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Trevor Place Foundation's revenue has grown at a compound annual growth rate (CAGR) of 13.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -58.3% | +42.3% | -36.3% |
| 2022 | +164.4% | -20.9% | -3.9% |
| 2021 | -66.6% | +54.1% | -6.1% |
| 2020 | +81.1% | -3.9% | +49.9% |
| 2019 | +135.3% | +138.9% | +58.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2001 |
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 Trevor Place Foundation with a Mission Score of 75 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: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, Trevor Place Foundation allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $2.4M, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no compensation was paid to officers, which is highly favorable for an organization of its size with assets exceeding $23 million.
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 Trevor Place Foundation's IRS 990 filings:
- Significant revenue volatility year-over-year, making financial planning challenging.
- Substantial deficit in 2023 ($2,431,671) where expenses far exceeded revenue.
- Decline in assets from a peak of over $30 million in 2020 to $17.2 million in 2023.
Strengths
The following positive indicators were identified for Trevor Place Foundation:
- Consistent reporting of 0% officer compensation, indicating strong executive compensation efficiency.
- Maintains very low liabilities ($0 or $1) across all reported periods, suggesting good debt management.
- Significant asset base ($23,087,586 latest reported) provides a buffer despite fluctuations.
Frequently Asked Questions about Trevor Place Foundation
Is Trevor Place Foundation a legitimate charity?
Trevor Place Foundation (EIN: 137273247) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 75/100. It has 10 years of IRS 990 filings on record. Total revenue: $13.4M. 3 red flags identified. 3 strengths noted. Financial health grade: B.
How does Trevor Place Foundation spend its money?
Trevor Place Foundation directs 70% of its spending to programs and services. Fundraising costs 10%. This meets the 65% industry benchmark.
Are donations to Trevor Place Foundation tax-deductible?
Trevor Place Foundation is registered as a tax-exempt nonprofit (EIN: 137273247). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Trevor Place Foundation CEO make?
Trevor Place Foundation's highest-compensated officer earns $23 annually. The organization reported $13.4M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Trevor Place Foundation's spending goes to programs?
Trevor Place Foundation directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
How does Trevor Place Foundation compare to similar nonprofits?
With a transparency score of 75/100 (Good), Trevor Place Foundation is above average for NTEE category T20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Trevor Place Foundation located?
Trevor Place Foundation is headquartered in New York, New York and files with the IRS under EIN 137273247. It is classified under NTEE code T20.
How many years of IRS 990 filings does Trevor Place Foundation have?
Trevor Place Foundation has 10 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 $13.4M in total revenue.
Is Trevor Place Foundation financially stable given the fluctuating revenues and expenses?
The foundation's financial stability is questionable due to significant year-over-year fluctuations, including a substantial deficit in 2023 where expenses ($4,439,847) more than doubled revenue ($2,008,176).
What caused the large deficit in 2023?
The provided data does not specify the cause, but expenses of $4,439,847 against revenue of $2,008,176 resulted in a deficit of over $2.4 million for the 2023 period.
How does the organization manage its assets given the decrease from $30 million in 2020 to $17 million in 2023?
The organization's assets have seen a significant decline from a peak of $30,067,361 in 2020 to $17,282,947 in 2023, suggesting either substantial spending from reserves or investment losses, which warrants further investigation.
Filing History
IRS 990 filing history for Trevor Place Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Trevor Place Foundation's revenue has grown by 344.1%, moving from $452K to $2.0M. Total assets increased by 59.4% over the same period, from $10.8M to $17.3M. Total functional expenses rose by 534.3%, from $700K to $4.4M. In its most recent filing year (2023), Trevor Place Foundation reported a deficit of $2.4M, with expenses exceeding revenue. The organization holds $1 in liabilities against $17.3M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $17.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.0M | $4.4M | $17.3M | $1 | — | View 990 |
| 2022 | $4.8M | $3.1M | $27.1M | $1 | — | View 990 |
| 2021 | $1.8M | $3.9M | $28.2M | $1 | — | View 990 |
| 2020 | $5.5M | $2.6M | $30.1M | $1 | — | — |
| 2019 | $3.0M | $2.7M | $20.1M | $0 | — | View 990 |
| 2015 | $1.3M | $1.1M | $12.6M | $0 | — | View 990 |
| 2014 | $1.9M | $1.1M | $12.5M | $0 | — | View 990 |
| 2013 | $1.4M | $907K | $11.5M | $0 | — | View 990 |
| 2012 | $962K | $815K | $11.0M | $0 | — | View 990 |
| 2011 | $452K | $700K | $10.8M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.0M, expenses of $4.4M, and assets of $17.3M (revenue -58.3% year-over-year).
- 2022: Revenue of $4.8M, expenses of $3.1M, and assets of $27.1M (revenue +164.4% year-over-year).
- 2021: Revenue of $1.8M, expenses of $3.9M, and assets of $28.2M (revenue -66.6% year-over-year).
- 2020: Revenue of $5.5M, expenses of $2.6M, and assets of $30.1M (revenue +81.1% year-over-year).
- 2019: Revenue of $3.0M, expenses of $2.7M, and assets of $20.1M (revenue +135.3% year-over-year).
- 2015: Revenue of $1.3M, expenses of $1.1M, and assets of $12.6M (revenue -34.1% year-over-year).
- 2014: Revenue of $1.9M, expenses of $1.1M, and assets of $12.5M (revenue +42.4% year-over-year).
- 2013: Revenue of $1.4M, expenses of $907K, and assets of $11.5M (revenue +41.9% year-over-year).
- 2012: Revenue of $962K, expenses of $815K, and assets of $11.0M (revenue +112.7% year-over-year).
- 2011: Revenue of $452K, expenses of $700K, and assets of $10.8M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Trevor Place Foundation:
Data Sources and Methodology
This transparency report for Trevor Place Foundation 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.