Troy Recreation Assn Inc
EIN: 310579679 · Troy, OH · NTEE: O20Z
| Metric | Value |
|---|---|
| Total Revenue | $383K |
| Total Expenses | $428K |
| Net Assets | $378K |
Is Troy Recreation Assn Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Troy Recreation Assn Inc
Troy Recreation Assn Inc (EIN: 310579679) is a nonprofit organization based in Troy, OH, classified under NTEE code O20Z. The organization reported total revenue of $383K and total assets of $437K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Troy Recreation Assn Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Troy Recreation Assn Inc is a small nonprofit that has been operating for 73 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 7.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $427K |
| Total Expenses | $428K |
| Surplus / Deficit | $-851 |
| Total Assets | $384K |
| Total Liabilities | $6K |
| Net Assets | $378K |
| Operating Margin | -0.2% |
| Debt-to-Asset Ratio | 1.6% |
| Months of Reserves | 10.8 months |
Financial Health Grade: B
In 2023, Troy Recreation Assn Inc reported a deficit of $851 with expenses exceeding revenue, holds 10.8 months of operating reserves (strong position), has a debt-to-asset ratio of 1.6% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Troy Recreation Assn Inc's revenue has grown at a compound annual growth rate (CAGR) of 7.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -12.1% | -9.9% | -3.0% |
| 2022 | +62.0% | +42.4% | +5.9% |
| 2021 | -12.9% | +6.2% | -18.3% |
| 2020 | +16.7% | +1.9% | +18.1% |
| 2019 | +15.1% | +11.2% | -5.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1953 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Troy Recreation Assn Inc 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 Recreation Assn Inc 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 deficit of $851, with expenses exceeding revenue.
- Debt-to-asset ratio: 1.6%.
Frequently Asked Questions about Troy Recreation Assn Inc
Is Troy Recreation Assn Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Troy Recreation Assn Inc (EIN: 310579679) insufficient data. 0 red flags identified, 0 strengths noted.
How does Troy Recreation Assn Inc spend its money?
Detailed spending breakdown data is not yet available for Troy Recreation Assn Inc. Check back for updated IRS 990 analysis.
Are donations to Troy Recreation Assn Inc tax-deductible?
Troy Recreation Assn Inc is registered as a tax-exempt nonprofit (EIN: 310579679). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Troy Recreation Assn Inc located?
Troy Recreation Assn Inc is headquartered in Troy, Ohio and files with the IRS under EIN 310579679. It is classified under NTEE code O20Z.
How many years of IRS 990 filings does Troy Recreation Assn Inc have?
Troy Recreation Assn Inc 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 $383K in total revenue.
Filing History
IRS 990 filing history for Troy Recreation Assn Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Troy Recreation Assn Inc's revenue has grown by 138.3%, moving from $179K to $427K. Total assets increased by 137.4% over the same period, from $162K to $384K. Total functional expenses rose by 169.5%, from $159K to $428K. In its most recent filing year (2023), Troy Recreation Assn Inc reported a deficit of $851, with expenses exceeding revenue. The organization holds $6K in liabilities against $384K in assets (debt-to-asset ratio: 1.6%), resulting in net assets of $378K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $427K | $428K | $384K | $6K | — | — |
| 2022 | $486K | $475K | $396K | $17K | — | View 990 |
| 2021 | $300K | $333K | $374K | $5K | — | View 990 |
| 2020 | $344K | $314K | $458K | $55K | — | — |
| 2019 | $295K | $308K | $388K | $15K | — | View 990 |
| 2018 | $256K | $277K | $410K | $25K | — | View 990 |
| 2017 | $234K | $268K | $429K | $23K | — | View 990 |
| 2016 | $220K | $259K | $456K | $17K | — | View 990 |
| 2015 | $194K | $214K | $487K | $8K | — | View 990 |
| 2014 | $331K | $205K | $512K | $12K | — | View 990 |
| 2013 | $399K | $180K | $428K | $54K | — | View 990 |
| 2012 | $206K | $171K | $169K | $15K | — | View 990 |
| 2011 | $179K | $159K | $162K | $44K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $427K, expenses of $428K, and assets of $384K (revenue -12.1% year-over-year).
- 2022: Revenue of $486K, expenses of $475K, and assets of $396K (revenue +62.0% year-over-year).
- 2021: Revenue of $300K, expenses of $333K, and assets of $374K (revenue -12.9% year-over-year).
- 2020: Revenue of $344K, expenses of $314K, and assets of $458K (revenue +16.7% year-over-year).
- 2019: Revenue of $295K, expenses of $308K, and assets of $388K (revenue +15.1% year-over-year).
- 2018: Revenue of $256K, expenses of $277K, and assets of $410K (revenue +9.6% year-over-year).
- 2017: Revenue of $234K, expenses of $268K, and assets of $429K (revenue +6.4% year-over-year).
- 2016: Revenue of $220K, expenses of $259K, and assets of $456K (revenue +13.4% year-over-year).
- 2015: Revenue of $194K, expenses of $214K, and assets of $487K (revenue -41.5% year-over-year).
- 2014: Revenue of $331K, expenses of $205K, and assets of $512K (revenue -17.1% year-over-year).
- 2013: Revenue of $399K, expenses of $180K, and assets of $428K (revenue +93.6% year-over-year).
- 2012: Revenue of $206K, expenses of $171K, and assets of $169K (revenue +15.1% year-over-year).
- 2011: Revenue of $179K, expenses of $159K, and assets of $162K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Troy Recreation Assn Inc:
Data Sources and Methodology
This transparency report for Troy Recreation Assn 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.