True Comfort Care Home Inc
True Comfort Care Home Inc. shows recent financial recovery after periods of deficit spending and fluctuating assets.
EIN: 201354506 · Athens, GA · NTEE: F33 · Updated: 2026-03-28
Is True Comfort Care Home Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
True Comfort Care Home Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About True Comfort Care Home Inc
True Comfort Care Home Inc (EIN: 201354506) is a nonprofit organization based in Athens, GA, classified under NTEE code F33. The organization reported total revenue of $813K and total assets of $456K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of True Comfort Care Home Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
True Comfort Care Home Inc is a small nonprofit that has been operating for 22 years, with 10 years of IRS 990 filings on record (2011–2022). Revenue has grown at a compound annual rate of 2.4%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $654K |
| Total Expenses | $614K |
| Surplus / Deficit | +$40K |
| Total Assets | $94K |
| Net Assets | $94K |
| Operating Margin | 6.1% |
| Months of Reserves | 1.8 months |
Financial Health Grade: A
In 2022, True Comfort Care Home Inc reported a surplus of $40K with revenue exceeding expenses, holds 1.8 months of operating reserves (limited).
Financial Trends
Over 10 years of filings (2011–2022), True Comfort Care Home Inc's revenue has grown at a compound annual growth rate (CAGR) of 2.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -29.0% | -37.6% | -3.1% |
| 2019 | -5.6% | -2.8% | -51.3% |
| 2018 | +3.2% | +2.4% | -16.1% |
| 2017 | +12.4% | -1.2% | -20.7% |
| 2016 | -7.1% | +14.0% | -41.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2004 |
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 True Comfort Care Home Inc with a Mission Score of 75 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, True Comfort Care Home 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.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $40K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers received compensation, which is highly unusual for an organization of this size with annual revenues often exceeding $800,000.
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 True Comfort Care Home Inc's IRS 990 filings:
- Significant fluctuation and decline in assets from $705,300 (2014) to $94,031 (2022).
- Periods of deficit spending between 2016 and 2019 (e.g., 2018 expenses $1,012,893 vs. revenue $976,074).
- Consistent 0% officer compensation reported, which is atypical for an organization of this size.
Strengths
The following positive indicators were identified for True Comfort Care Home Inc:
- Recent positive net income in 2022 ($654,095 revenue vs. $613,924 expenses) indicates improved financial management.
- Consistent filing of IRS 990 forms over 10 periods demonstrates a commitment to transparency.
- Low reported administrative overhead in terms of officer compensation (0% across all filings).
Frequently Asked Questions about True Comfort Care Home Inc
Is True Comfort Care Home Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, True Comfort Care Home Inc (EIN: 201354506) some concerns. Mission Score: 75/100. 3 red flags identified, 3 strengths noted.
How does True Comfort Care Home Inc spend its money?
True Comfort Care Home Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to True Comfort Care Home Inc tax-deductible?
True Comfort Care Home Inc is registered as a tax-exempt nonprofit (EIN: 201354506). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is True Comfort Care Home Inc. financially stable?
While the organization experienced deficits between 2016 and 2019, the latest filing (202212) shows a positive net income ($654,095 revenue vs. $613,924 expenses), suggesting improved financial stability. However, the significant fluctuation in assets from $705,300 in 2014 to $94,031 in 2022 raises questions about long-term asset management.
Why are assets so low in the latest filing compared to previous years?
The organization's assets decreased from $705,300 in 2014 to $94,031 in 2022. This substantial decline warrants further inquiry into asset utilization, potential divestments, or changes in financial strategy.
What is the reason for 0% officer compensation?
The consistent reporting of 0% officer compensation across all filings is unusual for an organization with annual revenues often exceeding $800,000. This could indicate that officers are volunteers, compensated through other means not reported as officer compensation, or that the organization has a unique operational structure.
Filing History
IRS 990 filing history for True Comfort Care Home Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2022), True Comfort Care Home Inc's revenue has grown by 29.7%, moving from $504K to $654K. Total assets decreased by 83% over the same period, from $553K to $94K. Total functional expenses rose by 34.5%, from $456K to $614K. In its most recent filing year (2022), True Comfort Care Home Inc reported a surplus of $40K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $654K | $614K | $94K | $0 | — | View 990 |
| 2019 | $922K | $984K | $97K | $20K | — | View 990 |
| 2018 | $976K | $1.0M | $199K | $30K | — | View 990 |
| 2017 | $946K | $989K | $238K | $31K | — | View 990 |
| 2016 | $841K | $1.0M | $300K | $50K | — | View 990 |
| 2015 | $906K | $878K | $516K | $119K | — | View 990 |
| 2014 | $527K | $462K | $705K | $0 | — | View 990 |
| 2013 | $481K | $425K | $648K | $0 | — | View 990 |
| 2012 | $492K | $454K | $591K | $0 | — | View 990 |
| 2011 | $504K | $456K | $553K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $654K, expenses of $614K, and assets of $94K (revenue -29.0% year-over-year).
- 2019: Revenue of $922K, expenses of $984K, and assets of $97K (revenue -5.6% year-over-year).
- 2018: Revenue of $976K, expenses of $1.0M, and assets of $199K (revenue +3.2% year-over-year).
- 2017: Revenue of $946K, expenses of $989K, and assets of $238K (revenue +12.4% year-over-year).
- 2016: Revenue of $841K, expenses of $1.0M, and assets of $300K (revenue -7.1% year-over-year).
- 2015: Revenue of $906K, expenses of $878K, and assets of $516K (revenue +71.7% year-over-year).
- 2014: Revenue of $527K, expenses of $462K, and assets of $705K (revenue +9.6% year-over-year).
- 2013: Revenue of $481K, expenses of $425K, and assets of $648K (revenue -2.2% year-over-year).
- 2012: Revenue of $492K, expenses of $454K, and assets of $591K (revenue -2.4% year-over-year).
- 2011: Revenue of $504K, expenses of $456K, and assets of $553K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for True Comfort Care Home Inc:
Data Sources and Methodology
This transparency report for True Comfort Care Home 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.