Troy Rehabilitation And Improvement Program Inc
Troy Rehabilitation And Improvement Program Inc maintains stable finances with growing assets and no reported officer compensation.
EIN: 141503655 · Troy, NY · NTEE: L250 · Updated: 2026-03-28
Is Troy Rehabilitation And Improvement Program Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Troy Rehabilitation And Improvement Program Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Troy Rehabilitation And Improvement Program Inc
Troy Rehabilitation And Improvement Program Inc (EIN: 141503655) is a nonprofit organization based in Troy, NY, classified under NTEE code L250. The organization reported total revenue of $3.5M and total assets of $4.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Troy Rehabilitation And Improvement Program Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Troy Rehabilitation And Improvement Program Inc with a Mission Score of 85 out of 100 (Excellent). 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, Troy Rehabilitation And Improvement Program 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.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, suggesting that officers may be uncompensated or compensated through mechanisms not classified as 'officer compensation' on the 990 form, which is highly unusual for an organization of this size ($3.7M+ revenue).
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 Troy Rehabilitation And Improvement Program Inc's IRS 990 filings:
- Consistent 0% officer compensation may warrant further investigation to understand the full compensation structure for leadership, as it is uncommon for an organization of this size.
Strengths
The following positive indicators were identified for Troy Rehabilitation And Improvement Program Inc:
- Consistent revenue generation covering expenses in most periods (e.g., 202304 revenue $3,688,765 vs. expenses $3,467,886).
- Significant growth in assets over time, from $2,778,346 in 201904 to $4,825,908 in 202404.
- Reported 0% officer compensation across all filings, indicating a potential strong commitment to program spending.
- Healthy asset-to-liability ratio, demonstrating financial stability (e.g., 202404 assets $4,825,908 vs. liabilities $1,204,186).
Frequently Asked Questions about Troy Rehabilitation And Improvement Program Inc
Is Troy Rehabilitation And Improvement Program Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Troy Rehabilitation And Improvement Program Inc (EIN: 141503655) some concerns. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
How does Troy Rehabilitation And Improvement Program Inc spend its money?
Troy Rehabilitation And Improvement Program Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Troy Rehabilitation And Improvement Program Inc tax-deductible?
Troy Rehabilitation And Improvement Program Inc is registered as a tax-exempt nonprofit (EIN: 141503655). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Troy Rehabilitation And Improvement Program Inc a good charity?
Based on the available financial data, TRIP appears to be a well-managed charity. It consistently covers its expenses with revenue, has growing assets, and notably reports 0% officer compensation, suggesting a strong focus on its mission.
How has TRIP's financial health changed over the past five years?
TRIP's financial health has generally improved over the past five years. Assets have grown from $2,778,346 in 201904 to $4,825,908 in 202404, and revenues have largely exceeded expenses, indicating financial stability and growth.
What is the significance of 0% officer compensation?
The consistent reporting of 0% officer compensation is significant as it suggests that the organization's top leadership may be volunteer-based or compensated in ways not captured under this specific line item on the 990. This could indicate a high dedication to directing funds towards programmatic activities rather than executive salaries.
Are there any concerns about TRIP's liabilities?
TRIP's liabilities have fluctuated but generally remained manageable relative to its assets. For example, in 202404, liabilities were $1,204,186 against assets of $4,825,908, indicating a healthy asset-to-liability ratio.
Filing History
IRS 990 filing history for Troy Rehabilitation And Improvement Program Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Troy Rehabilitation And Improvement Program Inc's revenue has grown by 85.4%, moving from $2.0M to $3.8M. Total assets increased by 204.4% over the same period, from $1.6M to $4.8M. Total functional expenses rose by 127.1%, from $1.7M to $3.8M. In its most recent filing year (2024), Troy Rehabilitation And Improvement Program Inc reported a deficit of $13K, with expenses exceeding revenue. The organization holds $1.2M in liabilities against $4.8M in assets (debt-to-asset ratio: 25.0%), resulting in net assets of $3.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2024 | $3.8M | $3.8M | $4.8M | $1.2M | — | View 990 |
| 2023 | $3.7M | $3.5M | $4.8M | $1.2M | — | View 990 |
| 2022 | $4.1M | $3.4M | $4.5M | $1.1M | — | View 990 |
| 2021 | $3.4M | $3.4M | $4.1M | $1.4M | — | View 990 |
| 2020 | $4.7M | $3.9M | $3.8M | $1.1M | — | View 990 |
| 2019 | $3.2M | $2.7M | $2.8M | $862K | — | View 990 |
| 2018 | $2.9M | $2.7M | $3.2M | $1.8M | — | View 990 |
| 2017 | $2.4M | $2.6M | $2.8M | $1.6M | — | View 990 |
| 2016 | $2.2M | $2.3M | $3.2M | $1.9M | — | View 990 |
| 2015 | $2.2M | $2.2M | $3.1M | $1.8M | — | View 990 |
| 2014 | $2.0M | $2.1M | $3.1M | $1.8M | — | View 990 |
| 2013 | $2.7M | $2.3M | $2.2M | $845K | — | View 990 |
| 2012 | $2.0M | $1.6M | $2.0M | $962K | — | View 990 |
| 2011 | $2.0M | $1.7M | $1.6M | $892K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $3.8M, expenses of $3.8M, and assets of $4.8M (revenue +1.8% year-over-year).
- 2023: Revenue of $3.7M, expenses of $3.5M, and assets of $4.8M (revenue -10.9% year-over-year).
- 2022: Revenue of $4.1M, expenses of $3.4M, and assets of $4.5M (revenue +21.4% year-over-year).
- 2021: Revenue of $3.4M, expenses of $3.4M, and assets of $4.1M (revenue -26.9% year-over-year).
- 2020: Revenue of $4.7M, expenses of $3.9M, and assets of $3.8M (revenue +46.9% year-over-year).
- 2019: Revenue of $3.2M, expenses of $2.7M, and assets of $2.8M (revenue +8.8% year-over-year).
- 2018: Revenue of $2.9M, expenses of $2.7M, and assets of $3.2M (revenue +21.8% year-over-year).
- 2017: Revenue of $2.4M, expenses of $2.6M, and assets of $2.8M (revenue +8.0% year-over-year).
- 2016: Revenue of $2.2M, expenses of $2.3M, and assets of $3.2M (revenue +1.2% year-over-year).
- 2015: Revenue of $2.2M, expenses of $2.2M, and assets of $3.1M (revenue +8.2% year-over-year).
- 2014: Revenue of $2.0M, expenses of $2.1M, and assets of $3.1M (revenue -25.4% year-over-year).
- 2013: Revenue of $2.7M, expenses of $2.3M, and assets of $2.2M (revenue +38.7% year-over-year).
- 2012: Revenue of $2.0M, expenses of $1.6M, and assets of $2.0M (revenue -3.4% year-over-year).
- 2011: Revenue of $2.0M, expenses of $1.7M, and assets of $1.6M.
Data Sources and Methodology
This transparency report for Troy Rehabilitation And Improvement Program 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.