Troy Education Assn Mea Nea
EIN: 382124327 · Lathrup Vlg, MI
| Metric | Value |
|---|---|
| Total Revenue | $192K |
| Total Expenses | $135K |
| Net Assets | $126K |
Is Troy Education Assn Mea Nea Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Troy Education Assn Mea Nea
Troy Education Assn Mea Nea (EIN: 382124327) is a nonprofit organization based in Lathrup Vlg, MI. The organization reported total revenue of $192K and total assets of $130K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Troy Education Assn Mea Nea's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Troy Education Assn Mea Nea is a small nonprofit that has been operating for 48 years, with 12 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 5.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $192K |
| Total Expenses | $135K |
| Surplus / Deficit | +$57K |
| Total Assets | $130K |
| Total Liabilities | $4K |
| Net Assets | $126K |
| Operating Margin | 29.7% |
| Debt-to-Asset Ratio | 3.3% |
| Months of Reserves | 11.6 months |
Financial Health Grade: A
In 2023, Troy Education Assn Mea Nea reported a surplus of $57K with revenue exceeding expenses, holds 11.6 months of operating reserves (strong position), has a debt-to-asset ratio of 3.3% (very low leverage).
Financial Trends
Over 12 years of filings (2011–2023), Troy Education Assn Mea Nea's revenue has grown at a compound annual growth rate (CAGR) of 5.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +44.0% | -35.5% | +60.1% |
| 2022 | -84.4% | -76.0% | -45.5% |
| 2021 | -4.9% | +0.6% | -10.2% |
| 2020 | -13.9% | -11.1% | +22.4% |
| 2019 | +387.4% | +429.7% | -18.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 3000 |
| IRS Ruling Date | 1978 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Troy Education Assn Mea Nea has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Troy Education Assn Mea Nea with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $57K, with revenue exceeding expenses.
- Debt-to-asset ratio: 3.3%.
Frequently Asked Questions about Troy Education Assn Mea Nea
Is Troy Education Assn Mea Nea a legitimate charity?
Based on AI analysis of IRS 990 filings, Troy Education Assn Mea Nea (EIN: 382124327) insufficient data. 0 red flags identified, 0 strengths noted.
How does Troy Education Assn Mea Nea spend its money?
Detailed spending breakdown data is not yet available for Troy Education Assn Mea Nea. Check back for updated IRS 990 analysis.
Are donations to Troy Education Assn Mea Nea tax-deductible?
Troy Education Assn Mea Nea is registered as a tax-exempt nonprofit (EIN: 382124327). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Troy Education Assn Mea Nea located?
Troy Education Assn Mea Nea is headquartered in Lathrup Vlg, Michigan and files with the IRS under EIN 382124327.
How many years of IRS 990 filings does Troy Education Assn Mea Nea have?
Troy Education Assn Mea Nea has 12 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 $192K in total revenue.
Filing History
IRS 990 filing history for Troy Education Assn Mea Nea showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2023), Troy Education Assn Mea Nea's revenue has grown by 87.1%, moving from $102K to $192K. Total assets decreased by 14.4% over the same period, from $152K to $130K. Total functional expenses rose by 32.8%, from $102K to $135K. In its most recent filing year (2023), Troy Education Assn Mea Nea reported a surplus of $57K, with revenue exceeding expenses. The organization holds $4K in liabilities against $130K in assets (debt-to-asset ratio: 3.3%), resulting in net assets of $126K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $192K | $135K | $130K | $4K | — | View 990 |
| 2022 | $133K | $209K | $81K | $13K | — | View 990 |
| 2021 | $853K | $872K | $149K | $4K | — | View 990 |
| 2020 | $897K | $866K | $166K | $3K | — | — |
| 2019 | $1.0M | $975K | $135K | $3K | — | View 990 |
| 2018 | $214K | $184K | $167K | $0 | — | View 990 |
| 2017 | $181K | $169K | $141K | $0 | — | — |
| 2016 | $275K | $197K | $131K | $0 | — | View 990 |
| 2014 | $287K | $209K | $335K | $0 | — | View 990 |
| 2013 | $140K | $123K | $173K | $0 | — | View 990 |
| 2012 | $195K | $169K | $176K | $35K | — | View 990 |
| 2011 | $102K | $102K | $152K | $36K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $192K, expenses of $135K, and assets of $130K (revenue +44.0% year-over-year).
- 2022: Revenue of $133K, expenses of $209K, and assets of $81K (revenue -84.4% year-over-year).
- 2021: Revenue of $853K, expenses of $872K, and assets of $149K (revenue -4.9% year-over-year).
- 2020: Revenue of $897K, expenses of $866K, and assets of $166K (revenue -13.9% year-over-year).
- 2019: Revenue of $1.0M, expenses of $975K, and assets of $135K (revenue +387.4% year-over-year).
- 2018: Revenue of $214K, expenses of $184K, and assets of $167K (revenue +18.2% year-over-year).
- 2017: Revenue of $181K, expenses of $169K, and assets of $141K (revenue -34.3% year-over-year).
- 2016: Revenue of $275K, expenses of $197K, and assets of $131K (revenue -4.1% year-over-year).
- 2014: Revenue of $287K, expenses of $209K, and assets of $335K (revenue +104.4% year-over-year).
- 2013: Revenue of $140K, expenses of $123K, and assets of $173K (revenue -28.1% year-over-year).
- 2012: Revenue of $195K, expenses of $169K, and assets of $176K (revenue +90.3% year-over-year).
- 2011: Revenue of $102K, expenses of $102K, and assets of $152K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Troy Education Assn Mea Nea:
Data Sources and Methodology
This transparency report for Troy Education Assn Mea Nea 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.