Triform Enterprises Limited
Triform Enterprises: Stable Finances, Consistent Mission
EIN: 222186872 · Hudson, NY · NTEE: J330 · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $3.9M |
| Total Expenses | $3.6M |
| Program Spending | 70% |
| Net Assets | $11.2M |
| Transparency Score | 75/100 |
Is Triform Enterprises Limited Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Triform Enterprises Limited directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Triform Enterprises Limited
Triform Enterprises Limited (EIN: 222186872) is a nonprofit organization based in Hudson, NY, classified under NTEE code J330. The organization reported total revenue of $3.9M and total assets of $11.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Triform Enterprises Limited's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Triform Enterprises Limited is a mid-size nonprofit that has been operating for 48 years, with 13 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of 2.2%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.8M |
| Total Expenses | $3.6M |
| Surplus / Deficit | +$214K |
| Total Assets | $12.2M |
| Total Liabilities | $1.0M |
| Net Assets | $11.2M |
| Operating Margin | 5.6% |
| Debt-to-Asset Ratio | 8.2% |
| Months of Reserves | 40.8 months |
Financial Health Grade: A
In 2024, Triform Enterprises Limited reported a surplus of $214K with revenue exceeding expenses, holds 40.8 months of operating reserves (strong position), has a debt-to-asset ratio of 8.2% (very low leverage).
Financial Trends
Over 13 years of filings (2012–2024), Triform Enterprises Limited's revenue has grown at a compound annual growth rate (CAGR) of 2.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +6.6% | +0.9% | +0.5% |
| 2023 | +3.6% | +0.2% | -2.4% |
| 2022 | +0.7% | +5.8% | -1.5% |
| 2021 | +2.6% | +6.4% | -1.7% |
| 2020 | -8.4% | -5.5% | +2.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1978 |
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 Triform Enterprises Limited 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, Triform Enterprises Limited allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $214K, with revenue exceeding expenses.
- Debt-to-asset ratio: 8.2%.
Executive Compensation Analysis
Executive compensation is not explicitly detailed in the provided data, but the 'c0%' in the filings suggests no reported compensation for key employees, which warrants further investigation.
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 Triform Enterprises Limited's IRS 990 filings:
- Lack of specific executive compensation details in the provided data (c0% needs clarification).
Strengths
The following positive indicators were identified for Triform Enterprises Limited:
- Consistent revenue generation, with 2024 revenue at $3,818,499.
- Healthy asset base, with $12,242,280 in assets reported in 2024.
- Stable financial history over the past seven years, indicating sound management.
Frequently Asked Questions about Triform Enterprises Limited
Is Triform Enterprises Limited a legitimate charity?
Based on AI analysis of IRS 990 filings, Triform Enterprises Limited (EIN: 222186872) some concerns. Mission Score: 75/100. 1 red flag identified, 3 strengths noted.
How does Triform Enterprises Limited spend its money?
Triform Enterprises Limited directs 70% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Triform Enterprises Limited tax-deductible?
Triform Enterprises Limited is registered as a tax-exempt nonprofit (EIN: 222186872). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Triform Enterprises Limited's spending goes to programs?
Triform Enterprises Limited directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
How does Triform Enterprises Limited compare to similar nonprofits?
With a transparency score of 75/100 (Good), Triform Enterprises Limited is above average for NTEE category J330 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Triform Enterprises Limited located?
Triform Enterprises Limited is headquartered in Hudson, New York and files with the IRS under EIN 222186872. It is classified under NTEE code J330.
How many years of IRS 990 filings does Triform Enterprises Limited have?
Triform Enterprises Limited 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 $3.9M in total revenue.
What does Triform Enterprises Limited do?
Triform Enterprises Limited is a nonprofit organization in the Employment sector, located in Hudson, New York. It is classified under NTEE code J330.
How much revenue does Triform Enterprises Limited have?
Triform Enterprises Limited reported total revenue of $3,894,484. Based on 13 IRS 990 filings on record.
What are Triform Enterprises Limited's total assets?
Triform Enterprises Limited holds total assets of $11,304,444 as reported in IRS 990 filings.
Where is Triform Enterprises Limited located?
Triform Enterprises Limited is based in Hudson, New York.
What is Triform Enterprises Limited's EIN?
Triform Enterprises Limited's Employer Identification Number (EIN) is 222186872. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Triform Enterprises Limited?
Triform Enterprises Limited is classified under NTEE code J330 (Employment).
Is Triform Enterprises Limited a registered 501(c)(3)?
Yes, Triform Enterprises Limited is recognized as a tax-exempt organization by the IRS. EIN: 222186872.
Does Triform Enterprises Limited file IRS Form 990?
Yes, Triform Enterprises Limited has 13 IRS Form 990 filings on record. The most recent covers tax period 202406.
What was Triform Enterprises Limited's revenue in 2024?
In the 202406 filing period, Triform Enterprises Limited reported total revenue of $3,818,499, total expenses of $3,604,727, and net assets of $12,242,280.
Is Triform Enterprises Limited's revenue growing or declining?
Triform Enterprises Limited's revenue is growing. Revenue went from $3,581,657 (202306) to $3,818,499 (202406), a +6.6% change. Based on 13 filings on record.
What is Triform Enterprises Limited's most recent 990 filing?
The most recent IRS Form 990 filing for Triform Enterprises Limited covers tax period 202406. It shows revenue of $3,818,499, expenses of $3,604,727, total assets of $12,242,280, and liabilities of $1,002,315.
How much does Triform Enterprises Limited spend on programs vs administration?
Based on IRS 990 analysis, Triform Enterprises Limited allocates approximately 70% of expenses to program services, 20% to administrative costs, and 10% to fundraising. Program spending is moderate relative to overhead.
Is Triform Enterprises Limited a trustworthy charity?
Based on AI analysis of IRS 990 data, Triform Enterprises Limited appears trustworthy. Mission Score: 75/100 (Good). 1 red flag identified. 3 strengths noted.
What are the red flags for Triform Enterprises Limited?
The following concerns were identified: Lack of specific executive compensation details in the provided data (c0% needs clarification).. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Triform Enterprises Limited's strengths?
Positive indicators for Triform Enterprises Limited include: Consistent revenue generation, with 2024 revenue at $3,818,499.. Healthy asset base, with $12,242,280 in assets reported in 2024.. Stable financial history over the past seven years, indicating sound management.. These findings are derived from AI analysis of the organization's financial filings.
How does Triform Enterprises Limited compensate executives?
Executive compensation is not explicitly detailed in the provided data, but the 'c0%' in the filings suggests no reported compensation for key employees, which warrants further investigation. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the 'c0%' for compensation across all years, what is the actual compensation structure for key executives at Triform Enterprises Limited?
The 'c0%' likely indicates that compensation for key employees is not reported in this specific data extract, or that executives are compensated through other means not reflected here, such as being part of a larger affiliated entity or receiving non-monetary benefits. Further investigation into their full 990 filings would be necessary to understand the complete executive compensation picture.
Filing History
IRS 990 filing history for Triform Enterprises Limited showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2024), Triform Enterprises Limited's revenue has grown by 29.6%, moving from $2.9M to $3.8M. Total assets increased by 29.8% over the same period, from $9.4M to $12.2M. Total functional expenses rose by 47.3%, from $2.4M to $3.6M. In its most recent filing year (2024), Triform Enterprises Limited reported a surplus of $214K, with revenue exceeding expenses. The organization holds $1.0M in liabilities against $12.2M in assets (debt-to-asset ratio: 8.2%), resulting in net assets of $11.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $3.8M | $3.6M | $12.2M | $1.0M | — | View 990 |
| 2023 | $3.6M | $3.6M | $12.2M | $1.2M | — | View 990 |
| 2022 | $3.5M | $3.6M | $12.5M | $1.5M | — | View 990 |
| 2021 | $3.4M | $3.4M | $12.7M | $1.5M | — | View 990 |
| 2020 | $3.3M | $3.2M | $12.9M | $1.8M | — | View 990 |
| 2019 | $3.7M | $3.4M | $12.5M | $1.6M | — | View 990 |
| 2018 | $4.0M | $3.6M | $12.5M | $1.9M | — | View 990 |
| 2017 | $3.5M | $3.4M | $12.1M | $1.9M | — | View 990 |
| 2016 | $4.3M | $3.3M | $12.2M | $2.1M | — | View 990 |
| 2015 | $3.6M | $3.0M | $12.0M | $2.9M | — | View 990 |
| 2014 | $2.8M | $2.7M | $11.1M | $2.6M | — | View 990 |
| 2013 | $3.6M | $2.7M | $10.8M | $2.4M | — | View 990 |
| 2012 | $2.9M | $2.4M | $9.4M | $1.9M | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $3.8M, expenses of $3.6M, and assets of $12.2M (revenue +6.6% year-over-year).
- 2023: Revenue of $3.6M, expenses of $3.6M, and assets of $12.2M (revenue +3.6% year-over-year).
- 2022: Revenue of $3.5M, expenses of $3.6M, and assets of $12.5M (revenue +0.7% year-over-year).
- 2021: Revenue of $3.4M, expenses of $3.4M, and assets of $12.7M (revenue +2.6% year-over-year).
- 2020: Revenue of $3.3M, expenses of $3.2M, and assets of $12.9M (revenue -8.4% year-over-year).
- 2019: Revenue of $3.7M, expenses of $3.4M, and assets of $12.5M (revenue -8.6% year-over-year).
- 2018: Revenue of $4.0M, expenses of $3.6M, and assets of $12.5M (revenue +14.6% year-over-year).
- 2017: Revenue of $3.5M, expenses of $3.4M, and assets of $12.1M (revenue -18.6% year-over-year).
- 2016: Revenue of $4.3M, expenses of $3.3M, and assets of $12.2M (revenue +19.9% year-over-year).
- 2015: Revenue of $3.6M, expenses of $3.0M, and assets of $12.0M (revenue +27.0% year-over-year).
- 2014: Revenue of $2.8M, expenses of $2.7M, and assets of $11.1M (revenue -21.2% year-over-year).
- 2013: Revenue of $3.6M, expenses of $2.7M, and assets of $10.8M (revenue +21.1% year-over-year).
- 2012: Revenue of $2.9M, expenses of $2.4M, and assets of $9.4M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Triform Enterprises Limited:
Data Sources and Methodology
This transparency report for Triform Enterprises Limited 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.