Tri State Public Communications Inc
Tri State Public Communications Inc maintains consistent operations but faces persistent liabilities exceeding assets.
EIN: 20550612 · Sharon, CT · NTEE: A32 · Updated: 2026-03-28
Is Tri State Public Communications Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Tri State Public Communications Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Tri State Public Communications Inc
Tri State Public Communications Inc (EIN: 20550612) is a nonprofit organization based in Sharon, CT, classified under NTEE code A32. The organization reported total revenue of $681K and total assets of $463K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Tri State Public Communications 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 State Public Communications 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Tri State Public Communications Inc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no officers receive compensation or that it is negligible, which is highly favorable for resource allocation and transparency.
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 State Public Communications Inc's IRS 990 filings:
- Consistent liabilities significantly exceeding assets across multiple years, indicating potential long-term financial vulnerability.
- Lack of detailed breakdown for expenses beyond total expenses, making it difficult to precisely assess program vs. administrative spending from the provided data.
Strengths
The following positive indicators were identified for Tri State Public Communications Inc:
- Consistent reporting of 0% officer compensation, demonstrating strong financial transparency and efficient use of funds.
- Stable operational expenses despite revenue fluctuations, suggesting effective cost control.
- Ability to maintain consistent program delivery and revenue generation over many years.
Frequently Asked Questions about Tri State Public Communications Inc
Is Tri State Public Communications Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Tri State Public Communications Inc (EIN: 20550612) some concerns. Mission Score: 75/100. 2 red flags identified, 3 strengths noted.
How does Tri State Public Communications Inc spend its money?
Tri State Public Communications Inc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Tri State Public Communications Inc tax-deductible?
Tri State Public Communications Inc is registered as a tax-exempt nonprofit (EIN: 20550612). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Why do liabilities consistently exceed assets?
The filings show that liabilities have consistently been higher than assets, for example, $789,228 in liabilities versus $474,365 in assets in 2023. This could indicate significant long-term debt, lease obligations, or other financial commitments that are not fully offset by current assets.
What caused the revenue spike in 2020?
In 2020, revenue jumped to $1,482,343 from $587,570 in 2019. This significant increase, nearly tripling, could be due to a large one-time grant, a major fundraising campaign, or an unusual event that boosted contributions or program service revenue.
How does the organization manage its debt with limited assets?
Despite liabilities consistently exceeding assets, the organization has maintained operations and generated consistent revenue. This suggests effective cash flow management or the presence of non-balance sheet support, but the long-term sustainability of this financial structure is a key question.
Filing History
IRS 990 filing history for Tri State Public Communications Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2023), Tri State Public Communications Inc's revenue has grown by 130.6%, moving from $320K to $739K. Total assets increased by 36.6% over the same period, from $347K to $474K. Total functional expenses fell by 16.2%, from $829K to $695K. In its most recent filing year (2023), Tri State Public Communications Inc reported a surplus of $45K, with revenue exceeding expenses. The organization holds $789K in liabilities against $474K in assets (debt-to-asset ratio: 166.4%), resulting in net assets of $-314,863.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $739K | $695K | $474K | $789K | — | View 990 |
| 2022 | $755K | $830K | $541K | $972K | — | View 990 |
| 2021 | $666K | $709K | $1.0M | $1.4M | — | View 990 |
| 2020 | $1.5M | $705K | $1.1M | $1.4M | — | View 990 |
| 2019 | $588K | $483K | $0 | $0 | — | View 990 |
| 2018 | $585K | $736K | $274K | $1.2M | — | View 990 |
| 2017 | $751K | $826K | $311K | $1.1M | — | — |
| 2016 | $693K | $712K | $386K | $1.1M | — | View 990 |
| 2015 | $719K | $707K | $431K | $1.1M | — | View 990 |
| 2014 | $850K | $785K | $425K | $1.5M | — | View 990 |
| 2012 | $732K | $785K | $405K | $806K | — | View 990 |
| 2011 | $320K | $829K | $347K | $895K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $739K, expenses of $695K, and assets of $474K (revenue -2.1% year-over-year).
- 2022: Revenue of $755K, expenses of $830K, and assets of $541K (revenue +13.3% year-over-year).
- 2021: Revenue of $666K, expenses of $709K, and assets of $1.0M (revenue -55.1% year-over-year).
- 2020: Revenue of $1.5M, expenses of $705K, and assets of $1.1M (revenue +152.3% year-over-year).
- 2019: Revenue of $588K, expenses of $483K, and assets of $0 (revenue +0.4% year-over-year).
- 2018: Revenue of $585K, expenses of $736K, and assets of $274K (revenue -22.1% year-over-year).
- 2017: Revenue of $751K, expenses of $826K, and assets of $311K (revenue +8.3% year-over-year).
- 2016: Revenue of $693K, expenses of $712K, and assets of $386K (revenue -3.7% year-over-year).
- 2015: Revenue of $719K, expenses of $707K, and assets of $431K (revenue -15.3% year-over-year).
- 2014: Revenue of $850K, expenses of $785K, and assets of $425K (revenue +16.1% year-over-year).
- 2012: Revenue of $732K, expenses of $785K, and assets of $405K (revenue +128.3% year-over-year).
- 2011: Revenue of $320K, expenses of $829K, and assets of $347K.
Data Sources and Methodology
This transparency report for Tri State Public Communications 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.