Trustbridge Inc
Trustbridge Inc maintains stable finances with substantial assets and balanced revenue-expense ratios, but executive compensation details are not reported.
EIN: 203974015 · West Palm Bch, FL · NTEE: P11 · Updated: 2026-03-28
Is Trustbridge Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Trustbridge Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Trustbridge Inc
Trustbridge Inc (EIN: 203974015) is a nonprofit organization based in West Palm Bch, FL, classified under NTEE code P11. The organization reported total revenue of $40.3M and total assets of $221.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Trustbridge Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Trustbridge Inc is a large nonprofit that has been operating for 19 years, with 14 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 7.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $49.7M |
| Total Expenses | $49.4M |
| Surplus / Deficit | +$296K |
| Total Assets | $213.3M |
| Total Liabilities | $48.1M |
| Net Assets | $165.2M |
| Operating Margin | 0.6% |
| Debt-to-Asset Ratio | 22.5% |
| Months of Reserves | 51.8 months |
Financial Health Grade: A
In 2023, Trustbridge Inc reported a surplus of $296K with revenue exceeding expenses, holds 51.8 months of operating reserves (strong position), has a debt-to-asset ratio of 22.5% (moderate leverage).
Financial Trends
Over 14 years of filings (2011–2023), Trustbridge Inc's revenue has grown at a compound annual growth rate (CAGR) of 7.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +3.7% | -0.7% | -2.1% |
| 2022 | -1.4% | +0.4% | -11.8% |
| 2021 | +5.2% | +10.0% | +10.9% |
| 2020 | +3.6% | +3.3% | +8.5% |
| 2019 | -4.5% | -7.5% | +10.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
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 Trustbridge 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, Trustbridge 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $296K, with revenue exceeding expenses.
- Debt-to-asset ratio: 22.5%.
Executive Compensation Analysis
The provided IRS 990 data consistently reports 0% for officer compensation across all filings, which is unusual for an organization of Trustbridge Inc's size with annual revenues around $40-50 million and assets exceeding $200 million. This suggests that executive compensation may be reported in a different section of the 990 or is not directly tied to 'officer compensation' as defined in the provided summary, requiring further scrutiny of the full 990 forms for complete 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 Trustbridge Inc's IRS 990 filings:
- Consistent 0% officer compensation reported, which is atypical for an organization of this scale and requires further investigation for transparency.
Strengths
The following positive indicators were identified for Trustbridge Inc:
- Strong and growing asset base, indicating financial stability and long-term capacity (e.g., $213,278,639 in assets in 2023).
- Consistent revenue generation, with annual revenues generally between $40-50 million over the past decade.
- Expenses closely aligned with revenue, suggesting efficient operational management and budgeting (e.g., 2023 revenue $49,681,074 vs. expenses $49,385,477).
Frequently Asked Questions about Trustbridge Inc
Is Trustbridge Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Trustbridge Inc (EIN: 203974015) some concerns. Mission Score: 75/100. 1 red flag identified, 3 strengths noted.
How does Trustbridge Inc spend its money?
Trustbridge Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Trustbridge Inc tax-deductible?
Trustbridge Inc is registered as a tax-exempt nonprofit (EIN: 203974015). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Why is officer compensation consistently reported as 0% across all filings?
The consistent reporting of 0% for officer compensation in the provided data for an organization of this size is highly unusual and warrants further investigation into the full IRS 990 forms to understand how executive compensation is structured and reported, or if it is paid through a related entity.
How does Trustbridge Inc manage to keep expenses so closely aligned with revenue year after year?
The close alignment of expenses with revenue, as seen in periods like 2023 ($49,681,074 revenue vs. $49,385,477 expenses), suggests effective budgeting and financial management, ensuring that resources are utilized efficiently to meet operational needs without significant surpluses or deficits.
What is the primary source of Trustbridge Inc's substantial asset base?
Trustbridge Inc has consistently maintained and grown its asset base, from $167,544,199 in 2014 to $213,278,639 in 2023. This growth likely stems from a combination of accumulated surpluses over time, investment returns, and potentially significant non-cash contributions or capital improvements, which would be detailed in the full financial statements.
Filing History
IRS 990 filing history for Trustbridge Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2023), Trustbridge Inc's revenue has grown by 129.5%, moving from $21.6M to $49.7M. Total assets increased by 2910.7% over the same period, from $7.1M to $213.3M. Total functional expenses rose by 128.2%, from $21.6M to $49.4M. In its most recent filing year (2023), Trustbridge Inc reported a surplus of $296K, with revenue exceeding expenses. The organization holds $48.1M in liabilities against $213.3M in assets (debt-to-asset ratio: 22.5%), resulting in net assets of $165.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $49.7M | $49.4M | $213.3M | $48.1M | — | View 990 |
| 2022 | $47.9M | $49.7M | $217.8M | $50.7M | — | View 990 |
| 2021 | $48.6M | $49.6M | $247.0M | $42.2M | — | View 990 |
| 2020 | $46.2M | $45.1M | $222.6M | $41.1M | — | View 990 |
| 2019 | $44.6M | $43.6M | $205.1M | $40.9M | — | View 990 |
| 2018 | $46.7M | $47.2M | $185.2M | $41.3M | — | View 990 |
| 2017 | $49.2M | $49.2M | $193.1M | $36.2M | — | — |
| 2016 | $47.5M | $47.5M | $166.6M | $22.5M | — | View 990 |
| 2015 | $50.5M | $50.5M | $165.7M | $31.2M | — | View 990 |
| 2014 | $43.4M | $45.5M | $167.5M | $19.9M | — | View 990 |
| 2013 | $7.5M | $7.7M | $9.5M | $7.2M | — | View 990 |
| 2013 | $33.2M | $33.3M | $7.0M | $4.6M | — | View 990 |
| 2012 | $30.8M | $30.8M | $8.0M | $5.8M | — | View 990 |
| 2011 | $21.6M | $21.6M | $7.1M | $3.4M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $49.7M, expenses of $49.4M, and assets of $213.3M (revenue +3.7% year-over-year).
- 2022: Revenue of $47.9M, expenses of $49.7M, and assets of $217.8M (revenue -1.4% year-over-year).
- 2021: Revenue of $48.6M, expenses of $49.6M, and assets of $247.0M (revenue +5.2% year-over-year).
- 2020: Revenue of $46.2M, expenses of $45.1M, and assets of $222.6M (revenue +3.6% year-over-year).
- 2019: Revenue of $44.6M, expenses of $43.6M, and assets of $205.1M (revenue -4.5% year-over-year).
- 2018: Revenue of $46.7M, expenses of $47.2M, and assets of $185.2M (revenue -5.0% year-over-year).
- 2017: Revenue of $49.2M, expenses of $49.2M, and assets of $193.1M (revenue +3.5% year-over-year).
- 2016: Revenue of $47.5M, expenses of $47.5M, and assets of $166.6M (revenue -5.9% year-over-year).
- 2015: Revenue of $50.5M, expenses of $50.5M, and assets of $165.7M (revenue +16.3% year-over-year).
- 2014: Revenue of $43.4M, expenses of $45.5M, and assets of $167.5M (revenue +480.7% year-over-year).
- 2013: Revenue of $7.5M, expenses of $7.7M, and assets of $9.5M (revenue -77.5% year-over-year).
- 2013: Revenue of $33.2M, expenses of $33.3M, and assets of $7.0M (revenue +7.8% year-over-year).
- 2012: Revenue of $30.8M, expenses of $30.8M, and assets of $8.0M (revenue +42.3% year-over-year).
- 2011: Revenue of $21.6M, expenses of $21.6M, and assets of $7.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Trustbridge Inc:
Data Sources and Methodology
This transparency report for Trustbridge 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.