Trojan Athletic Foundation Inc
Trojan Athletic Foundation shows fluctuating revenue but consistent zero officer compensation.
EIN: 203657234 · Little Rock, AR · NTEE: B11 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $311K |
| Total Expenses | $137K |
| Program Spending | 85% |
| Net Assets | $265K |
| Transparency Score | 75/100 |
Is Trojan Athletic Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Trojan Athletic Foundation Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Trojan Athletic Foundation Inc
Trojan Athletic Foundation Inc (EIN: 203657234) is a nonprofit organization based in Little Rock, AR, classified under NTEE code B11. The organization reported total revenue of $311K and total assets of $308K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Trojan Athletic Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Trojan Athletic Foundation Inc is a small nonprofit that has been operating for 21 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of -6.4%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $172K |
| Total Expenses | $137K |
| Surplus / Deficit | +$35K |
| Total Assets | $308K |
| Total Liabilities | $42K |
| Net Assets | $265K |
| Operating Margin | 20.3% |
| Debt-to-Asset Ratio | 13.7% |
| Months of Reserves | 27.0 months |
Financial Health Grade: A
In 2024, Trojan Athletic Foundation Inc reported a surplus of $35K with revenue exceeding expenses, holds 27.0 months of operating reserves (strong position), has a debt-to-asset ratio of 13.7% (very low leverage).
Financial Trends
Over 14 years of filings (2011–2024), Trojan Athletic Foundation Inc's revenue has declined at a compound annual growth rate (CAGR) of -6.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -13.1% | -45.9% | +10.9% |
| 2023 | -9.2% | +87.2% | -11.5% |
| 2022 | +40.8% | -30.9% | +53.8% |
| 2021 | +377.7% | +33.1% | -21.1% |
| 2020 | -78.4% | -0.1% | -30.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2005 |
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 Trojan Athletic Foundation 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, Trojan Athletic Foundation 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.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $35K, with revenue exceeding expenses.
- Debt-to-asset ratio: 13.7%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all 14 filings, indicating that the organization's leadership is likely volunteer-based or compensated through other means not reported as officer compensation, which is a strong positive for minimizing overhead relative to its size.
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 Trojan Athletic Foundation Inc's IRS 990 filings:
- Significant year-over-year revenue volatility, making financial planning challenging (e.g., $32,372 in 2020 vs. $348,129 in 2016).
- Lack of detailed expense breakdown (program, admin, fundraising) in provided data makes precise spending efficiency analysis difficult.
Strengths
The following positive indicators were identified for Trojan Athletic Foundation Inc:
- Consistent reporting of 0% officer compensation across all filings, indicating efficient use of funds for leadership.
- Healthy asset-to-liability ratio, with assets ($307,578) significantly exceeding liabilities ($42,217) in the latest filing.
- Long history of consistent IRS 990 filings (14 filings), demonstrating transparency and compliance.
- Positive net income in the latest filing (202406), with revenue of $171,846 exceeding expenses of $136,921.
Frequently Asked Questions about Trojan Athletic Foundation Inc
Is Trojan Athletic Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Trojan Athletic Foundation Inc (EIN: 203657234) some concerns. Mission Score: 75/100. 2 red flags identified, 4 strengths noted.
How does Trojan Athletic Foundation Inc spend its money?
Trojan Athletic Foundation Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Trojan Athletic Foundation Inc tax-deductible?
Trojan Athletic Foundation Inc is registered as a tax-exempt nonprofit (EIN: 203657234). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Trojan Athletic Foundation Inc's spending goes to programs?
Trojan Athletic Foundation Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Trojan Athletic Foundation Inc compare to similar nonprofits?
With a transparency score of 75/100 (Good), Trojan Athletic Foundation Inc is above average for NTEE category B11 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Trojan Athletic Foundation Inc located?
Trojan Athletic Foundation Inc is headquartered in Little Rock, Arkansas and files with the IRS under EIN 203657234. It is classified under NTEE code B11.
How many years of IRS 990 filings does Trojan Athletic Foundation Inc have?
Trojan Athletic Foundation Inc has 14 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 $311K in total revenue.
Is Trojan Athletic Foundation Inc. financially stable?
The organization shows moderate financial stability. While revenue fluctuates, assets generally cover liabilities, and recent periods show a mix of surpluses and deficits. For example, in 202406, revenue ($171,846) exceeded expenses ($136,921), but in 202306, expenses ($253,243) exceeded revenue ($197,761).
How does the organization manage executive compensation?
The organization reports 0% officer compensation across all 14 available filings, suggesting that executive leadership is either unpaid or compensated through non-officer channels, which is a positive for donor funds.
What is the trend in the organization's revenue?
Revenue has been highly variable, ranging from a low of $32,372 in 2020 to a high of $348,129 in 2016. The latest revenue reported is $171,846 for the 202406 period.
Are the organization's assets sufficient to cover its liabilities?
Yes, the organization's assets ($307,578 in 202406) significantly exceed its liabilities ($42,217 in 202406), indicating a healthy balance sheet.
Filing History
IRS 990 filing history for Trojan Athletic Foundation Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Trojan Athletic Foundation Inc's revenue has declined by 57.8%, moving from $407K to $172K. Total assets increased by 87.8% over the same period, from $164K to $308K. Total functional expenses fell by 67.6%, from $422K to $137K. In its most recent filing year (2024), Trojan Athletic Foundation Inc reported a surplus of $35K, with revenue exceeding expenses. The organization holds $42K in liabilities against $308K in assets (debt-to-asset ratio: 13.7%), resulting in net assets of $265K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $172K | $137K | $308K | $42K | — | View 990 |
| 2023 | $198K | $253K | $277K | $47K | — | View 990 |
| 2022 | $218K | $135K | $313K | $27K | — | View 990 |
| 2021 | $155K | $196K | $204K | $253 | — | View 990 |
| 2020 | $32K | $147K | $258K | $14K | — | View 990 |
| 2019 | $150K | $147K | $371K | $12K | — | View 990 |
| 2018 | $198K | $216K | $358K | $2K | — | View 990 |
| 2017 | $265K | $211K | $377K | $4K | — | View 990 |
| 2016 | $348K | $134K | $338K | $18K | — | View 990 |
| 2015 | $151K | $203K | $112K | $6K | — | View 990 |
| 2014 | $351K | $336K | $159K | $169 | — | View 990 |
| 2013 | $365K | $355K | $148K | $5K | — | View 990 |
| 2012 | $433K | $415K | $137K | $4K | — | View 990 |
| 2011 | $407K | $422K | $164K | $48K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $172K, expenses of $137K, and assets of $308K (revenue -13.1% year-over-year).
- 2023: Revenue of $198K, expenses of $253K, and assets of $277K (revenue -9.2% year-over-year).
- 2022: Revenue of $218K, expenses of $135K, and assets of $313K (revenue +40.8% year-over-year).
- 2021: Revenue of $155K, expenses of $196K, and assets of $204K (revenue +377.7% year-over-year).
- 2020: Revenue of $32K, expenses of $147K, and assets of $258K (revenue -78.4% year-over-year).
- 2019: Revenue of $150K, expenses of $147K, and assets of $371K (revenue -24.4% year-over-year).
- 2018: Revenue of $198K, expenses of $216K, and assets of $358K (revenue -25.2% year-over-year).
- 2017: Revenue of $265K, expenses of $211K, and assets of $377K (revenue -23.8% year-over-year).
- 2016: Revenue of $348K, expenses of $134K, and assets of $338K (revenue +131.1% year-over-year).
- 2015: Revenue of $151K, expenses of $203K, and assets of $112K (revenue -57.1% year-over-year).
- 2014: Revenue of $351K, expenses of $336K, and assets of $159K (revenue -3.7% year-over-year).
- 2013: Revenue of $365K, expenses of $355K, and assets of $148K (revenue -15.7% year-over-year).
- 2012: Revenue of $433K, expenses of $415K, and assets of $137K (revenue +6.3% year-over-year).
- 2011: Revenue of $407K, expenses of $422K, and assets of $164K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Trojan Athletic Foundation Inc:
Data Sources and Methodology
This transparency report for Trojan Athletic Foundation 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.