Tuition Exchange Inc
EIN: 42227075 · Bethesda, MD · NTEE: B90Z
| Metric | Value |
|---|---|
| Total Revenue | $1.2M |
| Total Expenses | $719K |
| Net Assets | $1.4M |
Is Tuition Exchange Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Tuition Exchange Inc
Tuition Exchange Inc (EIN: 42227075) is a nonprofit organization based in Bethesda, MD, classified under NTEE code B90Z. The organization reported total revenue of $1.2M and total assets of $1.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Tuition Exchange Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Tuition Exchange Inc is a mid-size nonprofit that has been operating for 32 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 4.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $783K |
| Total Expenses | $719K |
| Surplus / Deficit | +$64K |
| Total Assets | $1.6M |
| Total Liabilities | $235K |
| Net Assets | $1.4M |
| Operating Margin | 8.2% |
| Debt-to-Asset Ratio | 14.2% |
| Months of Reserves | 27.5 months |
Financial Health Grade: A
In 2023, Tuition Exchange Inc reported a surplus of $64K with revenue exceeding expenses, holds 27.5 months of operating reserves (strong position), has a debt-to-asset ratio of 14.2% (very low leverage).
Financial Trends
Over 12 years of filings (2012–2023), Tuition Exchange Inc's revenue has grown at a compound annual growth rate (CAGR) of 4.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +4.9% | +5.1% | +8.9% |
| 2022 | -2.2% | +3.8% | -10.0% |
| 2021 | +6.0% | +3.3% | +24.3% |
| 2020 | -0.8% | -5.3% | +11.6% |
| 2019 | +4.2% | +4.1% | +2.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1994 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Tuition Exchange 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 Tuition Exchange 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.
- Debt-to-asset ratio: 14.2%.
Frequently Asked Questions about Tuition Exchange Inc
Is Tuition Exchange Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Tuition Exchange Inc (EIN: 42227075) insufficient data. 0 red flags identified, 0 strengths noted.
How does Tuition Exchange Inc spend its money?
Detailed spending breakdown data is not yet available for Tuition Exchange Inc. Check back for updated IRS 990 analysis.
Are donations to Tuition Exchange Inc tax-deductible?
Tuition Exchange Inc is registered as a tax-exempt nonprofit (EIN: 42227075). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Tuition Exchange Inc located?
Tuition Exchange Inc is headquartered in Bethesda, Maryland and files with the IRS under EIN 42227075. It is classified under NTEE code B90Z.
How many years of IRS 990 filings does Tuition Exchange Inc have?
Tuition Exchange Inc has 12 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 $1.2M in total revenue.
Filing History
IRS 990 filing history for Tuition Exchange Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Tuition Exchange Inc's revenue has grown by 61.3%, moving from $485K to $783K. Total assets increased by 109.6% over the same period, from $787K to $1.6M. Total functional expenses rose by 53.5%, from $468K to $719K. In its most recent filing year (2023), Tuition Exchange Inc reported a surplus of $64K, with revenue exceeding expenses. The organization holds $235K in liabilities against $1.6M in assets (debt-to-asset ratio: 14.2%), resulting in net assets of $1.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $783K | $719K | $1.6M | $235K | — | — |
| 2022 | $746K | $684K | $1.5M | $271K | — | View 990 |
| 2021 | $763K | $658K | $1.7M | $250K | — | View 990 |
| 2020 | $720K | $637K | $1.4M | $199K | — | View 990 |
| 2019 | $725K | $673K | $1.2M | $147K | — | View 990 |
| 2018 | $696K | $646K | $1.2M | $174K | — | View 990 |
| 2017 | $609K | $593K | $1.1M | $131K | — | View 990 |
| 2016 | $587K | $575K | $952K | $100K | — | View 990 |
| 2015 | $573K | $526K | $962K | $90K | — | View 990 |
| 2014 | $559K | $540K | $936K | $98K | — | View 990 |
| 2013 | $546K | $523K | $842K | $87K | — | View 990 |
| 2012 | $485K | $468K | $787K | $118K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $783K, expenses of $719K, and assets of $1.6M (revenue +4.9% year-over-year).
- 2022: Revenue of $746K, expenses of $684K, and assets of $1.5M (revenue -2.2% year-over-year).
- 2021: Revenue of $763K, expenses of $658K, and assets of $1.7M (revenue +6.0% year-over-year).
- 2020: Revenue of $720K, expenses of $637K, and assets of $1.4M (revenue -0.8% year-over-year).
- 2019: Revenue of $725K, expenses of $673K, and assets of $1.2M (revenue +4.2% year-over-year).
- 2018: Revenue of $696K, expenses of $646K, and assets of $1.2M (revenue +14.2% year-over-year).
- 2017: Revenue of $609K, expenses of $593K, and assets of $1.1M (revenue +3.7% year-over-year).
- 2016: Revenue of $587K, expenses of $575K, and assets of $952K (revenue +2.5% year-over-year).
- 2015: Revenue of $573K, expenses of $526K, and assets of $962K (revenue +2.4% year-over-year).
- 2014: Revenue of $559K, expenses of $540K, and assets of $936K (revenue +2.5% year-over-year).
- 2013: Revenue of $546K, expenses of $523K, and assets of $842K (revenue +12.5% year-over-year).
- 2012: Revenue of $485K, expenses of $468K, and assets of $787K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Tuition Exchange Inc:
Data Sources and Methodology
This transparency report for Tuition Exchange 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.