Troppe Note Foundation Inc
Troppe Note Foundation operates on a minimal budget with no executive compensation.
EIN: 203228494 · Las Vegas, NV · NTEE: A60 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $3K |
| Total Expenses | $2K |
| Program Spending | 80% |
| Net Assets | $2K |
| Transparency Score | 65/100 |
Is Troppe Note Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Troppe Note Foundation Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Troppe Note Foundation Inc
Troppe Note Foundation Inc (EIN: 203228494) is a nonprofit organization based in Las Vegas, NV, classified under NTEE code A60. The organization reported total revenue of $3K and total assets of $2K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Troppe Note Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Troppe Note Foundation Inc is a micro nonprofit that has been operating for 20 years, with 8 years of IRS 990 filings on record (2011–2021). Revenue has grown at a compound annual rate of -1.1%.
Key Financial Metrics (2021)
From the most recent IRS 990 filing on record:
| Total Revenue | $3K |
| Total Expenses | $2K |
| Surplus / Deficit | +$954 |
| Total Assets | $2K |
| Total Liabilities | $1 |
| Net Assets | $2K |
| Operating Margin | 32.9% |
| Debt-to-Asset Ratio | 0.1% |
| Months of Reserves | 9.6 months |
Financial Health Grade: A
In 2021, Troppe Note Foundation Inc reported a surplus of $954 with revenue exceeding expenses, holds 9.6 months of operating reserves (strong position), has a debt-to-asset ratio of 0.1% (very low leverage).
Financial Trends
Over 8 years of filings (2011–2021), Troppe Note Foundation Inc's revenue has declined at a compound annual growth rate (CAGR) of -1.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2021 | -3.3% | -33.1% | +157.9% |
| 2020 | +300.0% | -9.5% | +18.0% |
| 2019 | +74900.0% | +1813.1% | -71.5% |
| 2015 | -100.0% | -94.0% | -8.5% |
| 2014 | -92.3% | -94.8% | +160.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2006 |
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 Troppe Note Foundation Inc with a Mission Score of 65 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, Troppe Note Foundation 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.
Key Financial Metrics (2021)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $954, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.1%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, including the latest period (202112). This indicates that no funds are being used for executive salaries, which is a strong positive for a small nonprofit.
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 Troppe Note Foundation Inc's IRS 990 filings:
- Very low and inconsistent revenue, potentially limiting program impact
- Minimal assets ($1,558 in 2021) indicating limited financial reserves
Strengths
The following positive indicators were identified for Troppe Note Foundation Inc:
- Zero officer compensation reported across all filings, indicating efficient use of funds for leadership
- Consistently low liabilities ($1 across all filings), suggesting sound debt management
- Consistent filing of IRS 990 forms, demonstrating transparency
Frequently Asked Questions about Troppe Note Foundation Inc
Is Troppe Note Foundation Inc a legitimate charity?
Troppe Note Foundation Inc (EIN: 203228494) is a registered tax-exempt nonprofit based in Nevada. Our AI analysis gives it a Mission Score of 65/100. It has 8 years of IRS 990 filings on record. Total revenue: $3K. 2 red flags identified. 3 strengths noted. Financial health grade: A.
How does Troppe Note Foundation Inc spend its money?
Troppe Note Foundation Inc directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Troppe Note Foundation Inc tax-deductible?
Troppe Note Foundation Inc is registered as a tax-exempt nonprofit (EIN: 203228494). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Troppe Note Foundation Inc's spending goes to programs?
Troppe Note Foundation Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Troppe Note Foundation Inc compare to similar nonprofits?
With a transparency score of 65/100 (Good), Troppe Note Foundation Inc is above average for NTEE category A60 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Troppe Note Foundation Inc located?
Troppe Note Foundation Inc is headquartered in Las Vegas, Nevada and files with the IRS under EIN 203228494. It is classified under NTEE code A60.
How many years of IRS 990 filings does Troppe Note Foundation Inc have?
Troppe Note Foundation Inc has 8 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 $3K in total revenue.
What specific programs does Troppe Note Foundation Inc. operate with its limited budget?
The IRS 990 filings, particularly for small organizations, do not provide detailed program descriptions. Given the NTEE code A60 (Arts, Culture, Humanities - General) and the very low revenue (e.g., $2,900 in 2021), the programs are likely very small-scale or project-specific.
How does the organization sustain itself with such low revenue?
The organization's revenue has fluctuated significantly, with a high of $52,230 in 2013 and a low of $1 in 2015. The consistent low revenue in recent years ($2,900 in 2021, $3,000 in 2020) suggests it operates on a very lean model, possibly relying on volunteer efforts and minimal operational costs.
Is the organization's financial health improving or declining?
Financially, the organization's revenue has been relatively stable but low in recent years ($2,900 in 2021, $3,000 in 2020). Assets have shown some fluctuation but remain low ($1,558 in 2021). There isn't a clear trend of significant growth or decline, rather a consistent operation at a very small scale.
Filing History
IRS 990 filing history for Troppe Note Foundation Inc showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2011–2021), Troppe Note Foundation Inc's revenue has declined by 10.7%, moving from $3K to $3K. Total assets increased by 301.5% over the same period, from $388 to $2K. Total functional expenses fell by 31.9%, from $3K to $2K. In its most recent filing year (2021), Troppe Note Foundation Inc reported a surplus of $954, with revenue exceeding expenses. The organization holds $1 in liabilities against $2K in assets (debt-to-asset ratio: 0.1%), resulting in net assets of $2K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2021 | $3K | $2K | $2K | $1 | — | — |
| 2020 | $3K | $3K | $604 | $1 | — | — |
| 2019 | $750 | $3K | $512 | $1 | — | View 990 |
| 2015 | $1 | $168 | $2K | $1 | — | View 990 |
| 2014 | $4K | $3K | $2K | $1 | — | View 990 |
| 2013 | $52K | $54K | $755 | $1 | — | View 990 |
| 2012 | $3K | $1K | $2K | $1 | — | View 990 |
| 2011 | $3K | $3K | $388 | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2021: Revenue of $3K, expenses of $2K, and assets of $2K (revenue -3.3% year-over-year).
- 2020: Revenue of $3K, expenses of $3K, and assets of $604 (revenue +300.0% year-over-year).
- 2019: Revenue of $750, expenses of $3K, and assets of $512 (revenue +74900.0% year-over-year).
- 2015: Revenue of $1, expenses of $168, and assets of $2K (revenue -100.0% year-over-year).
- 2014: Revenue of $4K, expenses of $3K, and assets of $2K (revenue -92.3% year-over-year).
- 2013: Revenue of $52K, expenses of $54K, and assets of $755 (revenue +1641.0% year-over-year).
- 2012: Revenue of $3K, expenses of $1K, and assets of $2K (revenue -7.6% year-over-year).
- 2011: Revenue of $3K, expenses of $3K, and assets of $388.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Troppe Note Foundation Inc:
Data Sources and Methodology
This transparency report for Troppe Note 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.