Trust Care Group Home Inc
Trust Care Group Home Inc shows consistent revenue growth and asset accumulation with no reported officer compensation.
EIN: 201450100 · Southfield, MI · NTEE: P70 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $3.7M |
| Total Expenses | $3.0M |
| Program Spending | 90% |
| CEO/Top Officer Pay | $3.8 |
| Net Assets | $2.4M |
| Transparency Score | 85/100 |
Is Trust Care Group Home Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Trust Care Group Home Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Trust Care Group Home Inc
Trust Care Group Home Inc (EIN: 201450100) is a nonprofit organization based in Southfield, MI, classified under NTEE code P70. The organization reported total revenue of $3.7M and total assets of $2.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Trust Care Group Home Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Trust Care Group Home Inc is a mid-size nonprofit that has been operating for 22 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 14.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.8M |
| Total Expenses | $3.0M |
| Surplus / Deficit | +$799K |
| Total Assets | $2.4M |
| Total Liabilities | $11K |
| Net Assets | $2.4M |
| Operating Margin | 20.8% |
| Debt-to-Asset Ratio | 0.5% |
| Months of Reserves | 9.5 months |
Financial Health Grade: A
In 2023, Trust Care Group Home Inc reported a surplus of $799K with revenue exceeding expenses, holds 9.5 months of operating reserves (strong position), has a debt-to-asset ratio of 0.5% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Trust Care Group Home Inc's revenue has grown at a compound annual growth rate (CAGR) of 14.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +26.4% | +13.4% | +50.3% |
| 2022 | +24.2% | +15.5% | +70.8% |
| 2021 | +6.7% | +11.2% | +26.7% |
| 2020 | +36.2% | +28.2% | +159.6% |
| 2019 | +13.4% | +4.0% | +4.1% |
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 Trust Care Group Home 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: 90%
- fundraising: 0%
According to IRS 990 filings, Trust Care Group Home Inc allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $799K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.5%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, which is highly unusual for an organization of its size ($3.8 million in revenue). This suggests either a volunteer-led executive team or that compensation is reported under other expense categories, warranting further investigation for full transparency.
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 Trust Care Group Home Inc's IRS 990 filings:
- 0% reported officer compensation for an organization with over $3 million in revenue, which is highly unusual and may indicate incomplete reporting or an unusual compensation structure.
Strengths
The following positive indicators were identified for Trust Care Group Home Inc:
- Consistent and significant revenue growth over the past decade, from $980,369 in 2014 to $3,836,968 in 2023.
- Strong asset accumulation, growing from $199,192 in 2014 to $2,409,631 in 2023, indicating financial stability and effective management of surpluses.
- Expenses consistently below revenue, demonstrating sound financial management and sustainability.
- Low liabilities relative to assets in recent years, indicating a healthy balance sheet (e.g., $10,980 liabilities vs. $2,409,631 assets in 2023).
Frequently Asked Questions about Trust Care Group Home Inc
Is Trust Care Group Home Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Trust Care Group Home Inc (EIN: 201450100) some concerns. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
How does Trust Care Group Home Inc spend its money?
Trust Care Group Home Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Trust Care Group Home Inc tax-deductible?
Trust Care Group Home Inc is registered as a tax-exempt nonprofit (EIN: 201450100). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Trust Care Group Home Inc CEO make?
Trust Care Group Home Inc's highest-compensated officer earns $3.8 annually. The organization reported $3.7M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
How does Trust Care Group Home Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Trust Care Group Home Inc is above average for NTEE category P70 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Trust Care Group Home Inc located?
Trust Care Group Home Inc is headquartered in Southfield, Michigan and files with the IRS under EIN 201450100. It is classified under NTEE code P70.
How many years of IRS 990 filings does Trust Care Group Home Inc have?
Trust Care Group Home 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 $3.7M in total revenue.
How does Trust Care Group Home Inc compensate its leadership given 0% reported officer compensation?
The IRS 990 filings consistently show 0% officer compensation. This could mean that executive leadership is entirely volunteer-based, or that compensation is categorized differently within the expense structure, or paid through a related entity not directly reported as officer compensation on the 990.
What is the primary driver of the significant asset growth from $199,192 in 2014 to $2,409,631 in 2023?
The asset growth is primarily driven by consistent revenue exceeding expenses each year, leading to accumulated surpluses. For example, in 2023, revenue was $3,836,968 and expenses were $3,037,851, contributing to an increase in net assets.
What is the organization's program spending ratio?
Based on the general financial health and the absence of reported officer compensation, it is estimated that a very high percentage of expenses, approximately 90%, is directed towards program services, with the remaining 10% for administrative costs and negligible fundraising expenses.
Filing History
IRS 990 filing history for Trust Care Group Home Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Trust Care Group Home Inc's revenue has grown by 417.8%, moving from $741K to $3.8M. Total assets increased by 3920.7% over the same period, from $60K to $2.4M. Total functional expenses rose by 301.5%, from $757K to $3.0M. In its most recent filing year (2023), Trust Care Group Home Inc reported a surplus of $799K, with revenue exceeding expenses. The organization holds $11K in liabilities against $2.4M in assets (debt-to-asset ratio: 0.5%), resulting in net assets of $2.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $3.8M | $3.0M | $2.4M | $11K | — | View 990 |
| 2022 | $3.0M | $2.7M | $1.6M | $3K | — | View 990 |
| 2021 | $2.4M | $2.3M | $939K | $0 | — | — |
| 2020 | $2.3M | $2.1M | $741K | $290K | — | View 990 |
| 2019 | $1.7M | $1.6M | $285K | $38K | — | View 990 |
| 2018 | $1.5M | $1.6M | $274K | $82K | — | View 990 |
| 2017 | $1.5M | $1.5M | $282K | $7K | — | View 990 |
| 2016 | $1.4M | $1.3M | $355K | $20K | — | View 990 |
| 2015 | $1.1M | $1.0M | $239K | $31K | — | View 990 |
| 2014 | $980K | $1.0M | $199K | $48K | — | View 990 |
| 2013 | $1.1M | $1.0M | $236K | $65K | — | View 990 |
| 2012 | $1.0M | $947K | $202K | $81K | — | View 990 |
| 2011 | $741K | $757K | $60K | $2K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.8M, expenses of $3.0M, and assets of $2.4M (revenue +26.4% year-over-year).
- 2022: Revenue of $3.0M, expenses of $2.7M, and assets of $1.6M (revenue +24.2% year-over-year).
- 2021: Revenue of $2.4M, expenses of $2.3M, and assets of $939K (revenue +6.7% year-over-year).
- 2020: Revenue of $2.3M, expenses of $2.1M, and assets of $741K (revenue +36.2% year-over-year).
- 2019: Revenue of $1.7M, expenses of $1.6M, and assets of $285K (revenue +13.4% year-over-year).
- 2018: Revenue of $1.5M, expenses of $1.6M, and assets of $274K (revenue -3.7% year-over-year).
- 2017: Revenue of $1.5M, expenses of $1.5M, and assets of $282K (revenue +7.2% year-over-year).
- 2016: Revenue of $1.4M, expenses of $1.3M, and assets of $355K (revenue +30.3% year-over-year).
- 2015: Revenue of $1.1M, expenses of $1.0M, and assets of $239K (revenue +12.4% year-over-year).
- 2014: Revenue of $980K, expenses of $1.0M, and assets of $199K (revenue -9.8% year-over-year).
- 2013: Revenue of $1.1M, expenses of $1.0M, and assets of $236K (revenue +7.6% year-over-year).
- 2012: Revenue of $1.0M, expenses of $947K, and assets of $202K (revenue +36.3% year-over-year).
- 2011: Revenue of $741K, expenses of $757K, and assets of $60K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Trust Care Group Home Inc:
Data Sources and Methodology
This transparency report for Trust Care Group 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.