Tri County Sports Authority Inc
Tri County Sports Authority Inc operates with no officer compensation, showing a recent surplus but long-term asset decline.
EIN: 208856685 · Corbin, KY · NTEE: N40 · Updated: 2026-03-28
Is Tri County Sports Authority Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Tri County Sports Authority Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Tri County Sports Authority Inc
Tri County Sports Authority Inc (EIN: 208856685) is a nonprofit organization based in Corbin, KY, classified under NTEE code N40. The organization reported total revenue of $68K and total assets of $13K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Tri County Sports Authority Inc'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 Tri County Sports Authority Inc 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Tri County Sports Authority 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.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all filings, indicating that no officers or directors receive salaries, which is highly commendable for an organization of its size and suggests a volunteer-driven model.
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 Tri County Sports Authority Inc's IRS 990 filings:
- Significant long-term decline in assets from $138,619 in 2011 to $12,554 in 2023, suggesting potential sustainability challenges if not reversed.
- Operating at a deficit in multiple past periods (e.g., 201812, 201712, 201612, 201512, 201412, 201312, 201212), which contributed to the asset decline.
Strengths
The following positive indicators were identified for Tri County Sports Authority Inc:
- Consistent 0% officer compensation across all filings, indicating a volunteer-driven model and efficient use of funds for mission.
- Zero liabilities reported in all periods, demonstrating strong financial management and no debt.
- Positive net income in the latest filing (202312: Revenue $68,061, Expenses $55,507), showing current operational efficiency.
- Consistent filing of IRS 990-EZ forms, demonstrating basic compliance and transparency.
Frequently Asked Questions about Tri County Sports Authority Inc
Is Tri County Sports Authority Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Tri County Sports Authority Inc (EIN: 208856685) some concerns. Mission Score: 75/100. 2 red flags identified, 4 strengths noted.
How does Tri County Sports Authority Inc spend its money?
Tri County Sports Authority Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Tri County Sports Authority Inc tax-deductible?
Tri County Sports Authority Inc is registered as a tax-exempt nonprofit (EIN: 208856685). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Tri County Sports Authority Inc a good charity?
Based on the available data, Tri County Sports Authority Inc appears to be a good charity, particularly due to its consistent reporting of 0% officer compensation, meaning all funds go directly to its mission or operational costs. Its latest filing shows a positive net income, and it carries no liabilities. However, a long-term decline in assets from $138,619 in 2011 to $12,554 in 2023 suggests past operational deficits or spending down reserves.
How has Tri County Sports Authority Inc's financial health changed over time?
The organization's financial health has seen fluctuations. While it reported a surplus in the latest period (202312: Revenue $68,061, Expenses $55,507), its total assets have significantly decreased from $138,619 in 2011 to $12,554 in 2023, indicating a long-term trend of spending more than it earned in previous years or utilizing reserves.
What is the primary financial strength of Tri County Sports Authority Inc?
The primary financial strength is the complete absence of officer compensation across all reported periods, ensuring that donor funds are not used for executive salaries. Additionally, the organization consistently reports $0 in liabilities, indicating a debt-free operation.
Filing History
IRS 990 filing history for Tri County Sports Authority Inc showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2011–2023), Tri County Sports Authority Inc's revenue has declined by 21.9%, moving from $87K to $68K. Total assets decreased by 90.9% over the same period, from $139K to $13K. Total functional expenses fell by 38.2%, from $90K to $56K. In its most recent filing year (2023), Tri County Sports Authority Inc reported a surplus of $13K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $68K | $56K | $13K | $0 | — | View 990 |
| 2018 | $25K | $30K | $5K | $0 | — | View 990 |
| 2017 | $42K | $55K | $9K | $0 | — | View 990 |
| 2016 | $52K | $64K | $23K | $0 | — | View 990 |
| 2015 | $61K | $62K | $35K | $0 | — | View 990 |
| 2014 | $61K | $86K | $36K | $0 | — | View 990 |
| 2013 | $53K | $91K | $61K | $0 | — | View 990 |
| 2012 | $79K | $118K | $99K | $0 | — | View 990 |
| 2011 | $87K | $90K | $139K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $68K, expenses of $56K, and assets of $13K (revenue +170.0% year-over-year).
- 2018: Revenue of $25K, expenses of $30K, and assets of $5K (revenue -39.6% year-over-year).
- 2017: Revenue of $42K, expenses of $55K, and assets of $9K (revenue -20.1% year-over-year).
- 2016: Revenue of $52K, expenses of $64K, and assets of $23K (revenue -14.4% year-over-year).
- 2015: Revenue of $61K, expenses of $62K, and assets of $35K (revenue +0.4% year-over-year).
- 2014: Revenue of $61K, expenses of $86K, and assets of $36K (revenue +14.4% year-over-year).
- 2013: Revenue of $53K, expenses of $91K, and assets of $61K (revenue -32.8% year-over-year).
- 2012: Revenue of $79K, expenses of $118K, and assets of $99K (revenue -9.2% year-over-year).
- 2011: Revenue of $87K, expenses of $90K, and assets of $139K.
Data Sources and Methodology
This transparency report for Tri County Sports Authority 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.