True Nature Sangha Inc
True Nature Sangha Inc. reports $0 revenue and assets, indicating potential dormancy after years of deficit spending and high liabilities.
EIN: 202841032 · Carbondale, CO · Updated: 2026-03-28
Is True Nature Sangha Inc Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About True Nature Sangha Inc
True Nature Sangha Inc (EIN: 202841032) is a nonprofit organization based in Carbondale, CO. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of True Nature Sangha Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
True Nature Sangha Inc is a small nonprofit, with 3 years of IRS 990 filings on record (2012–2014). Revenue has grown at a compound annual rate of -0.5%.
Key Financial Metrics (2014)
From the most recent IRS 990 filing on record:
| Total Revenue | $136K |
| Total Expenses | $158K |
| Surplus / Deficit | $-22,549 |
| Total Assets | $135K |
| Total Liabilities | $523K |
| Net Assets | $-387,694 |
| Operating Margin | -16.6% |
| Debt-to-Asset Ratio | 387.4% |
| Months of Reserves | 10.2 months |
Financial Health Grade: C
In 2014, True Nature Sangha Inc reported a deficit of $23K with expenses exceeding revenue, holds 10.2 months of operating reserves (strong position), has a debt-to-asset ratio of 387.4% (high leverage).
Financial Trends
Over 3 years of filings (2012–2014), True Nature Sangha Inc's revenue has declined at a compound annual growth rate (CAGR) of -0.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2013 | -233.3% | +7.4% | -69.8% |
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates True Nature Sangha Inc with a Mission Score of 10 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.
Spending Breakdown
- admin: 0%
- programs: 0%
- fundraising: 0%
According to IRS 990 filings, True Nature Sangha Inc allocates its expenses as follows: admin: 0%, programs: 0%, fundraising: 0%.
Key Financial Metrics (2014)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $23K, with expenses exceeding revenue.
- Debt-to-asset ratio: 387.4%.
Executive Compensation Analysis
Officer compensation was reported as 0% in all available filings, suggesting that the organization's leadership did not receive salaries or other forms of compensation during those periods, which is unusual for an active nonprofit but consistent with its current dormant status.
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 Nature Sangha Inc's IRS 990 filings:
- Latest filing shows $0 revenue and assets, indicating potential dormancy or cessation of operations.
- Consistent history of expenses exceeding revenue (e.g., $158,441 expenses vs. $135,892 revenue in 2014).
- Significant negative revenue reported in 2013 ($-182,843).
- High liabilities relative to assets across all reported periods (e.g., $650,360 liabilities vs. $110,215 assets in 2013).
- Lack of detailed expense breakdown to assess program efficiency historically.
Strengths
The following positive indicators were identified for True Nature Sangha Inc:
- Reported 0% officer compensation in all available filings, indicating volunteer leadership during those periods.
Frequently Asked Questions about True Nature Sangha Inc
Is True Nature Sangha Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, True Nature Sangha Inc (EIN: 202841032) significant concerns. Mission Score: 10/100. 5 red flags identified, 1 strength noted.
How does True Nature Sangha Inc spend its money?
Detailed spending breakdown data is not yet available for True Nature Sangha Inc. Check back for updated IRS 990 analysis.
Are donations to True Nature Sangha Inc tax-deductible?
True Nature Sangha Inc is registered as a tax-exempt nonprofit (EIN: 202841032). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is True Nature Sangha Inc. currently operational?
Based on the latest reported revenue and assets of $0, it is highly probable that True Nature Sangha Inc. is no longer operational or is dormant.
What caused the significant negative revenue in 2013?
The provided data does not specify the reason for the $-182,843 revenue in 2013, but it could indicate significant returns, adjustments, or a reclassification of funds.
How did the organization manage its large liabilities?
The organization consistently reported liabilities significantly exceeding assets (e.g., $650,360 liabilities vs. $110,215 assets in 2013), suggesting potential reliance on debt, loans, or other non-equity financing, though the specific management strategy is not detailed.
What were the primary programs of True Nature Sangha Inc.?
The NTEE code is unknown, and the provided financial summary does not detail the organization's programs, making it impossible to assess its programmatic focus.
Filing History
IRS 990 filing history for True Nature Sangha Inc showing financial trends over 3 years of public records:
Over 3 years of IRS 990 filings (2012–2014), True Nature Sangha Inc's revenue has declined by 0.9%, moving from $137K to $136K. Total assets decreased by 63.1% over the same period, from $365K to $135K. Total functional expenses fell by 31.1%, from $230K to $158K. In its most recent filing year (2014), True Nature Sangha Inc reported a deficit of $23K, with expenses exceeding revenue. The organization holds $523K in liabilities against $135K in assets (debt-to-asset ratio: 387.4%), resulting in net assets of $-387,694.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2014 | $136K | $158K | $135K | $523K | — | View 990 |
| 2013 | $-182,843 | $247K | $110K | $650K | — | View 990 |
| 2012 | $137K | $230K | $365K | $476K | — | View 990 |
Year-by-Year Financial Summary
- 2014: Revenue of $136K, expenses of $158K, and assets of $135K.
- 2013: Revenue of $-182,843, expenses of $247K, and assets of $110K (revenue -233.3% year-over-year).
- 2012: Revenue of $137K, expenses of $230K, and assets of $365K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for True Nature Sangha Inc:
Data Sources and Methodology
This transparency report for True Nature Sangha 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.