Truckload Carriers Association Scholarship Fund Inc
EIN: 237272852 · Alexandria, VA · NTEE: B82Z
| Metric | Value |
|---|---|
| Total Revenue | $1.6M |
| Total Expenses | $236K |
| Net Assets | $3.0M |
Is Truckload Carriers Association Scholarship Fund Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Truckload Carriers Association Scholarship Fund Inc
Truckload Carriers Association Scholarship Fund Inc (EIN: 237272852) is a nonprofit organization based in Alexandria, VA, classified under NTEE code B82Z. The organization reported total revenue of $1.6M and total assets of $3.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Truckload Carriers Association Scholarship Fund Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Truckload Carriers Association Scholarship Fund Inc is a mid-size nonprofit that has been operating for 53 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 6.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $300K |
| Total Expenses | $236K |
| Surplus / Deficit | +$64K |
| Total Assets | $3.0M |
| Net Assets | $3.0M |
| Operating Margin | 21.3% |
| Months of Reserves | 150.5 months |
Financial Health Grade: A
In 2023, Truckload Carriers Association Scholarship Fund Inc reported a surplus of $64K with revenue exceeding expenses, holds 150.5 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Truckload Carriers Association Scholarship Fund Inc's revenue has grown at a compound annual growth rate (CAGR) of 6.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +138.6% | +2.5% | +10.0% |
| 2022 | -39.9% | -3.7% | -21.2% |
| 2021 | +39.0% | +19.3% | +14.4% |
| 2020 | +34.3% | -4.0% | +1.8% |
| 2019 | -53.1% | -6.5% | -2.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 1973 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Truckload Carriers Association Scholarship Fund 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 Truckload Carriers Association Scholarship Fund 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 surplus of $64K, with revenue exceeding expenses.
Frequently Asked Questions about Truckload Carriers Association Scholarship Fund Inc
Is Truckload Carriers Association Scholarship Fund Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Truckload Carriers Association Scholarship Fund Inc (EIN: 237272852) insufficient data. 0 red flags identified, 0 strengths noted.
How does Truckload Carriers Association Scholarship Fund Inc spend its money?
Detailed spending breakdown data is not yet available for Truckload Carriers Association Scholarship Fund Inc. Check back for updated IRS 990 analysis.
Are donations to Truckload Carriers Association Scholarship Fund Inc tax-deductible?
Truckload Carriers Association Scholarship Fund Inc is registered as a tax-exempt nonprofit (EIN: 237272852). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Truckload Carriers Association Scholarship Fund Inc located?
Truckload Carriers Association Scholarship Fund Inc is headquartered in Alexandria, Virginia and files with the IRS under EIN 237272852. It is classified under NTEE code B82Z.
How many years of IRS 990 filings does Truckload Carriers Association Scholarship Fund Inc have?
Truckload Carriers Association Scholarship Fund 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 $1.6M in total revenue.
Filing History
IRS 990 filing history for Truckload Carriers Association Scholarship Fund Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Truckload Carriers Association Scholarship Fund Inc's revenue has grown by 117.3%, moving from $138K to $300K. Total assets increased by 124.6% over the same period, from $1.3M to $3.0M. Total functional expenses rose by 334.5%, from $54K to $236K. In its most recent filing year (2023), Truckload Carriers Association Scholarship Fund Inc reported a surplus of $64K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $300K | $236K | $3.0M | $0 | — | — |
| 2022 | $126K | $230K | $2.7M | $2K | — | — |
| 2021 | $209K | $239K | $3.4M | $0 | — | View 990 |
| 2020 | $151K | $200K | $3.0M | $15K | — | — |
| 2019 | $112K | $209K | $2.9M | $32K | — | View 990 |
| 2018 | $239K | $223K | $3.0M | $15K | — | View 990 |
| 2017 | $239K | $223K | $2.9M | $10K | — | View 990 |
| 2016 | $629K | $174K | $2.6M | $7K | — | View 990 |
| 2015 | $290K | $134K | $2.0M | $5K | — | View 990 |
| 2014 | $425K | $107K | $1.9M | $8K | — | View 990 |
| 2013 | $147K | $76K | $1.6M | $11K | — | View 990 |
| 2012 | $152K | $73K | $1.5M | $3K | — | View 990 |
| 2011 | $138K | $54K | $1.3M | $3K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $300K, expenses of $236K, and assets of $3.0M (revenue +138.6% year-over-year).
- 2022: Revenue of $126K, expenses of $230K, and assets of $2.7M (revenue -39.9% year-over-year).
- 2021: Revenue of $209K, expenses of $239K, and assets of $3.4M (revenue +39.0% year-over-year).
- 2020: Revenue of $151K, expenses of $200K, and assets of $3.0M (revenue +34.3% year-over-year).
- 2019: Revenue of $112K, expenses of $209K, and assets of $2.9M (revenue -53.1% year-over-year).
- 2018: Revenue of $239K, expenses of $223K, and assets of $3.0M (revenue +-0.0% year-over-year).
- 2017: Revenue of $239K, expenses of $223K, and assets of $2.9M (revenue -62.0% year-over-year).
- 2016: Revenue of $629K, expenses of $174K, and assets of $2.6M (revenue +116.7% year-over-year).
- 2015: Revenue of $290K, expenses of $134K, and assets of $2.0M (revenue -31.7% year-over-year).
- 2014: Revenue of $425K, expenses of $107K, and assets of $1.9M (revenue +189.9% year-over-year).
- 2013: Revenue of $147K, expenses of $76K, and assets of $1.6M (revenue -3.3% year-over-year).
- 2012: Revenue of $152K, expenses of $73K, and assets of $1.5M (revenue +9.8% year-over-year).
- 2011: Revenue of $138K, expenses of $54K, and assets of $1.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Truckload Carriers Association Scholarship Fund Inc:
Data Sources and Methodology
This transparency report for Truckload Carriers Association Scholarship Fund 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.