Tri Angel Unlimited
EIN: 742782958 · Austin, TX · NTEE: S20
| Metric | Value |
|---|---|
| Total Revenue | $8.9M |
| Total Expenses | $6.6M |
| Net Assets | $8.7M |
Is Tri Angel Unlimited Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Tri Angel Unlimited
Tri Angel Unlimited (EIN: 742782958) is a nonprofit organization based in Austin, TX, classified under NTEE code S20. The organization reported total revenue of $8.9M and total assets of $37.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Tri Angel Unlimited's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Tri Angel Unlimited is a mid-size nonprofit that has been operating for 30 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 6.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $5.0M |
| Total Expenses | $6.6M |
| Surplus / Deficit | $-1,555,480 |
| Total Assets | $29.1M |
| Total Liabilities | $20.4M |
| Net Assets | $8.7M |
| Operating Margin | -30.9% |
| Debt-to-Asset Ratio | 70.1% |
| Months of Reserves | 53.0 months |
Financial Health Grade: C
In 2023, Tri Angel Unlimited reported a deficit of $1.6M with expenses exceeding revenue, holds 53.0 months of operating reserves (strong position), has a debt-to-asset ratio of 70.1% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Tri Angel Unlimited's revenue has grown at a compound annual growth rate (CAGR) of 6.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -66.5% | -3.5% | +179.0% |
| 2022 | +158.0% | +26.2% | +17.8% |
| 2021 | +11.3% | +17.3% | +208.1% |
| 2020 | +30.5% | +17.0% | +42.9% |
| 2019 | +18.5% | +12.8% | +3.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1996 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Tri Angel Unlimited 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 Tri Angel Unlimited 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 deficit of $1.6M, with expenses exceeding revenue.
- Debt-to-asset ratio: 70.1%.
Frequently Asked Questions about Tri Angel Unlimited
Is Tri Angel Unlimited a legitimate charity?
Tri Angel Unlimited (EIN: 742782958) is a registered tax-exempt nonprofit based in Texas. It has 13 years of IRS 990 filings on record. Total revenue: $8.9M. No red flags identified. Financial health grade: C.
How does Tri Angel Unlimited spend its money?
Tri Angel Unlimited reported $8.9M in total revenue in IRS 990 filings. 13 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Tri Angel Unlimited tax-deductible?
Tri Angel Unlimited is registered as a tax-exempt nonprofit (EIN: 742782958). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Tri Angel Unlimited located?
Tri Angel Unlimited is headquartered in Austin, Texas and files with the IRS under EIN 742782958. It is classified under NTEE code S20.
How many years of IRS 990 filings does Tri Angel Unlimited have?
Tri Angel Unlimited has 13 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 $8.9M in total revenue.
Filing History
IRS 990 filing history for Tri Angel Unlimited showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Tri Angel Unlimited's revenue has grown by 115.6%, moving from $2.3M to $5.0M. Total assets increased by 1785.4% over the same period, from $1.5M to $29.1M. Total functional expenses rose by 204.2%, from $2.2M to $6.6M. In its most recent filing year (2023), Tri Angel Unlimited reported a deficit of $1.6M, with expenses exceeding revenue. The organization holds $20.4M in liabilities against $29.1M in assets (debt-to-asset ratio: 70.1%), resulting in net assets of $8.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $5.0M | $6.6M | $29.1M | $20.4M | — | View 990 |
| 2022 | $15.0M | $6.8M | $10.4M | $458K | — | View 990 |
| 2021 | $5.8M | $5.4M | $8.9M | $6.9M | — | View 990 |
| 2020 | $5.2M | $4.6M | $2.9M | $1.4M | — | — |
| 2019 | $4.0M | $3.9M | $2.0M | $1.1M | — | View 990 |
| 2018 | $3.4M | $3.5M | $2.0M | $1.1M | — | View 990 |
| 2017 | $3.2M | $3.3M | $1.9M | $892K | — | View 990 |
| 2016 | $3.0M | $2.7M | $1.7M | $746K | — | View 990 |
| 2015 | $2.6M | $2.7M | $1.5M | $771K | — | View 990 |
| 2014 | $2.5M | $2.4M | $1.7M | $860K | — | View 990 |
| 2013 | $2.5M | $2.4M | $1.6M | $868K | — | View 990 |
| 2012 | $2.7M | $2.5M | $1.6M | $966K | — | View 990 |
| 2011 | $2.3M | $2.2M | $1.5M | $1.1M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $5.0M, expenses of $6.6M, and assets of $29.1M (revenue -66.5% year-over-year).
- 2022: Revenue of $15.0M, expenses of $6.8M, and assets of $10.4M (revenue +158.0% year-over-year).
- 2021: Revenue of $5.8M, expenses of $5.4M, and assets of $8.9M (revenue +11.3% year-over-year).
- 2020: Revenue of $5.2M, expenses of $4.6M, and assets of $2.9M (revenue +30.5% year-over-year).
- 2019: Revenue of $4.0M, expenses of $3.9M, and assets of $2.0M (revenue +18.5% year-over-year).
- 2018: Revenue of $3.4M, expenses of $3.5M, and assets of $2.0M (revenue +5.0% year-over-year).
- 2017: Revenue of $3.2M, expenses of $3.3M, and assets of $1.9M (revenue +8.9% year-over-year).
- 2016: Revenue of $3.0M, expenses of $2.7M, and assets of $1.7M (revenue +15.4% year-over-year).
- 2015: Revenue of $2.6M, expenses of $2.7M, and assets of $1.5M (revenue +2.5% year-over-year).
- 2014: Revenue of $2.5M, expenses of $2.4M, and assets of $1.7M (revenue +1.6% year-over-year).
- 2013: Revenue of $2.5M, expenses of $2.4M, and assets of $1.6M (revenue -7.9% year-over-year).
- 2012: Revenue of $2.7M, expenses of $2.5M, and assets of $1.6M (revenue +14.4% year-over-year).
- 2011: Revenue of $2.3M, expenses of $2.2M, and assets of $1.5M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Tri Angel Unlimited:
Data Sources and Methodology
This transparency report for Tri Angel Unlimited 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.